PumpSui is a unique crowdfunding model integrated with the Sui Network that balances the risks between supporters and the project team. It operates by dividing all supported SUI into two parts: one part is paid to the project team gradually over time, while the other part remains with the supporters, who have the option to exchange it for project assets or retrieve their remaining SUI by burning their supporter tickets. This model ensures that both parties are committed and can manage their risks effectively.
The process involves setting parameters such as Total Deposit Value (TDV), Threshold Ratio, and Ratio to control how funds are distributed and when the project team can access them. It also includes defining categories, minimum and maximum investment values, and the amount per SUI that translates into the supporter ticket NFT. The duration of the project is set in days, with the fundraising funds in the project treasury being unlocked linearly according to the project cycle.
The project's description should include essential details about the project, the team, proof of previous work, and the returns that supporters can expect.