# Step 2: Launch Contract

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Only if you have xATS\_tmp tokens (from Step 1), you have to do this step.&#x20;
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Transfer **xATS\_tmp tokens** to the 'Launch' smart contract and receive **xATS tokens**.&#x20;

**Exchange rate:** 5:1, e.g. for 5 xATS\_tmp you receive 1 xATS

'Launch' Contract address: `0x1Cb33B22118d1e60545A5241fF187f737B21732c`

![](https://598102864-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MJ6XK28t44RFy_Rkkty%2F-MVeyy0BBG7fIKDlM1ue%2F-MVmgYa4L95uegSNI9PV%2Fimage.png?alt=media\&token=41b0367b-e101-4597-9d41-14fe28a658d9)

The contract can be found via the xDai Chain blockchain explorer ([here](https://blockscout.com/xdai/mainnet/address/0x1Cb33B22118d1e60545A5241fF187f737B21732c/transactions)) and is available on Github ([here](https://github.com/lab10-coop/artis2-launch-contracts)).&#x20;

The xATS token contract address to add the token to the wallet is: `0x62f5cAA239A97b21AA61502963Cf8C33F8182e79`

The xATS token contract can be found via the xDai Chain blockchain explorer ([here](https://blockscout.com/xdai/mainnet/address/0x62f5cAA239A97b21AA61502963Cf8C33F8182e79/transactions)).&#x20;

**Important Deadlines:** \
1\) There will be a 0.2%/day reduced share the sender will receive starting with April 16, 2021, in order to mitigate the possible advantage of the block reward for current validators. \
2\) The 'Launch' smart contract will stay open until April 15, 2022 (1 year). This is when it is clear what the exact circulating supply is, while the total supply will never exceed more than 300m ATS.&#x20;

| Date / Timeframe              | ATS Sender | ARTIS 2.0 Pools |
| ----------------------------- | ---------- | --------------- |
| until April 16, 2021          | 20%        | 80%             |
| 1 month later                 | 18.9%      | 81.1%           |
| 6 months later                | 14.7%      | 85.3%           |
| 1 year later (April 15, 2022) | 11.6%      | 88.4%           |

**Token Distribution:**\
Total xATS token supply: 300m The distribution will be re-allocated, where 20% of the xATS token will go to the xATS Sender and 10% or max. 30m xATS tokens are reserved for a Gnosis Auction and the subsequent Honeyswap listing.&#x20;

About 70% or the difference to reach a total token supply of 300m xATS will be reserved in the Community Pool to be released towards the ARTIS DAO which will be governed with the gATS token.&#x20;
