> For the complete documentation index, see [llms.txt](https://nonfungiblexs-organization.gitbook.io/nonfungiblex/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nonfungiblexs-organization.gitbook.io/nonfungiblex/4.products/liquidity-bootstrapping-pools-lbps.md).

# Liquidity Bootstrapping Pools (LBPs)

<figure><img src="https://3744312143-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fkvb6SZjNSXUgCbiQkf6R%2Fuploads%2FeeAOWFsb0NGbRn5zooQY%2F15.jpg?alt=media&amp;token=64065874-a007-42e2-ab67-8dc032ab38a3" alt=""><figcaption></figcaption></figure>

The Liquidity Bootstrapping Pools (LBPs) Launchpad is a special AMM pool type pioneered by Balancer that provides a fairer and more efficient way to distribute tokens to the broader community. With LBPs Launchpad, NonFungibleX can <mark style="color:purple;">**launch upcoming projects**</mark> on all the chains it offers in a way that ensures greater liquidity and price efficiency.

LBPs Launchpad starts with a high weight of the distributed token ('Token B') and a low weight of the acquired token ('Token A') with a pre-established price often set higher than what the market would deem fair. Over the course of the LBP, the price periodically changes depending on the buy and sell pressure of the distributed asset, creating a more fair and dynamic distribution process.