Hello and welcome back everyone, I am Alamin. I hope you guys are well. I am back with a vwry vwry hot proect called ZkPad. Which is the first launchpad on starknet blockchain network. Today I will explain all of the features of zkPad. I hope you guys will love to check out this project.
What is zkPad?
The ZKpad is the first decentrlized launchpad or fundriser on the starknet blockchain with many more exciting features. ZKpad is a complete package that includes all of the launchpad features you’ve seen on other blockchain-based network projects. And you know, this is the first project on the starknet network, which makes this project more unique. Zkpad is coming up with a vision for retail investors and the project owners to help each other connect.
Through zkpad, we can invest money on a project with a huge discount price and the project will be more profitable for me. because zkpad provides us with the best project launch deal on their launchpad. ZKpad has its own decentralized security and users’ anonymity.
Through zkpad, a project can launch their initial private or public sale. Because zkpad has recognition, users’ trust, decentralised security, and simple UI/ux design. So, what are you waiting for? Start your fundraising campaign on zkpad.
KEY FEATURES Of zkPad:
On-chain Lottery system.
Managed Market Making.
Ido allocation is permission to participate in any launched project sale on zkpad launchpad. The system is very simple. We just have to lock our zkp token by clicking on the staking option. Then it will be locked for that period of time. When a project launches on the launchpad during the time of the lock period, we will be eligible for the online lottery, which means we will get an entry ticket. After that, they randomly selected some tickets who would get the allocation of the sale. to get the maximum proof from those sales.
On-chain Lottery system:
Zkpad’s online lottery system will be 100% fair and verifiable. Because we know that there are lots of places where they are doing off-chain lottery, which can be fair or unfair, and we don’t have any power to verify the result. That is why zkpad is bringing the solution of a chain lottery system where we can see the result and its source too. What makes ZKPad different and unique?
By staking zkp tokens on the platform, what helps the zkp tokens’ price stability? Users who stake the token will benefit in two ways. Firstly, they will get a percentage of the reward, and their profit will be doubled when the price goes up. Staking is a benefit for ZKP token holders.
We feel that tiering the IDO portion of ZkPad is the most equitable method to compensate our early, willing users for locking their tokens. Here’s how we plan to disperse the various third parties based on the xZKP balance (the xZKP is detailed later, but this is the image of the ZKP tokens locked in the vault).
Managed Market Making:
We will be able to regulate the front-running and eventual “pump and dumps” at the token listing if we manage the market making of the tokens for each project. A fixed swap pool system was chosen.
TOKEN NAME: ZkPad Token.
TOKEN TICKER: $ZKP
TOTAL SUPPLY: 100 Million $ZKP.
SMART CONTRACT: (TBA).
Dao & Treasury: 17.5%.
Staking Rewards: 20%.
After using lots of launchpads on different blockchain networks, some of them I loved and lots of them I felt lots of problems with. Some of them had network fee issues, some had blockchain issues, and some had project issues. And after reading ZKPad and their vision, I am really hopeful about this project. I hope they can bring us the solution to all our launchpad problems. All the best, zkpad.
To know more information & all upcoming update news about this I strongly suggest everyone check out their official handle.
Author: Al-amin Ahsan
Zkpad crew profile: