# LBP Overview {% hint style="info" %} Oiler's [LBP address](https://pools.balancer.exchange/#/pool/0xB36C422F3f5b1dD9d9ae26f3C02771F7E765eBEc): {% endhint %} Oiler Network will add 1,775,000 [OIL](https://etherscan.io/token/0x0275E1001e293C46CFe158B3702AADe0B99f88a5) tokens (1.775% of total supply) to the [Balancer Liquidity Bootstrapping Pool](https://docs.balancer.finance/getting-started/faq#using-balancer-protocol) (LBP) at block #12381000 ([LBP start block](https://etherscan.io/block/countdown/12381000)). The LBP will end at block 12394000 ([End block](https://etherscan.io/block/countdown/12394000)). Oiler's LBP will last approximately 48 hours. The pool weights start with a 90:10 pool weight for the OIL/USDC pair and will follow its course to gradually shift to a 30:70 pool weight for the OIL/USDC pair. ### Survival guide to Oiler's LBP In the two following guides, users will understand [why Oiler's team decided to launch OIL through an LBP](https://medium.com/oiler-network/oilers-liquidity-bootstrapping-event-109398d94c4b) and [how to participate in the LBP](https://medium.com/oiler-network/step-by-step-guide-to-oilers-liquidity-bootstrapping-pool-on-balancer-4420d1c7707c). [LBP website](https://lbp.oiler.network/): ### What will Oiler's team do with the tokens? This article and any information contained in it is subject to the [**Legal Notice and Risk Disclosure Statement**](broken://pages/UoqfuRzATLBAEa5M3tW0). Please carefully review the Legal Notice as it contains important legal information, risk disclosure statement, limitations and restrictions relating to the information that we provide, third-party resources and forward-looking statements. The Oiler Token Liquidity Bootstrapping Event (the “LBP”) is a healthy token price discovery mechanism employed by Oiler. The LBP is not a token sale nor a token offering, and Oiler does not receive any proceeds from the LBP. Assets contributed to the LBP cannot be redeemed or withdrawn by Oiler. Upon completion of the LBP, the assets are technically routed to the Uniswap OIL-USDC pool, and will remain in the Uniswap pool indefinitely. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.oiler.network/oiler-network/tokenomics/lbp-overview.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.