Raise, List, Launch with FantomPad, the world’s first hybrid DEX-Launcher!
Source: FantomPad Website
FantomPad is the world’s first hybrid DEX-Launcher that is being built on the Fantom network, which is an up and coming Layer-1 blockchain with smart contract capabilities. It also boasts unparalleled speed, security, and reliability, with almost instant transactions and extremely low fees. Fantom is permissionless, decentralized, and open-source.
Since Fantom is a relatively new chain, FantomPad will be the primary launch and listing platform for projects on the Fantom network. FantomPad is providing a new take on the conventional method of launching projects on a launchpad, as well as, revolutionizing the safety protocol of a DEX. FantomPad will incorporate never-seen-before safety measures in order to prevent scammers and fraudsters. FantomPad will also make listing on a DEX after launch a lot simpler!
Some of the known issues on a token’s launch day may include complications transitioning from launch platform to DEX, tacky third party vesting solutions, fake scammer listings on DEX and . sniper bots. With FantomPad, they provide an all-in-one solution to hopefully tackle these issues by a flexible launchpad solution that you can customize, including setting up auto-vesting on the same platform. During listing, there is an anti-bot mechanism and a unique authenticator method to prevent fake listings.
FantomPad wants to create a platform that is safer for the user and developer, and at the same time convenient such that they will remove the hassles from launching a project token by providing all the necessary functionalities on their platform! They will also provide incubation services so if you’re a project intending to launch on Fantom, you really don’t need to look anywhere else!
Source: FantomPad Lite Paper
For users, FantomPad has a fair bidding tier system whereby the value of $FPAD tokens staked will directly correlate with the allocation amount. The system can be seen in the image above. Staking $FPAD also allows you to earn interest and that can also be compounded to receive even greater returns! You can choose how long to lock your delegation for: from no lock to up to a year lock for increased staking rewards.
The $FPAD token will conduct its IDO and TGE in Q1 2022, with the launchpad expected to be ready in the same quarter! According to their road map, staking, farming pools and even a NFT marketplace will be ready in Q2.
The Fantom ecosystem is growing rapidly, with thousands of active daily users. Projects are also building on Fantom for all the reasons that we mentioned above. As such, we see great promise for FantomPad as the primary launch and listing platform! Fantom is also EVM-compatible, which means that you can operate directly out of metamask, so no additional wallet needs to be created!
Be sure to follow FantomPad’s official channels below if you want to keep up with the latest on FantomPad!