The TokenFi Launchpad: A Successful Debut
The TokenFi Launchpad had a successful launch across six major EVM blockchains, and it is already being used by projects for token event sales, with more major projects in the pipeline.
The protocol is currently live on the $ETH, $BNB, Base, Arbitrum, Blast, and opBNB chains, with plans to expand to other major EVM blockchains.
Powered by $TOKEN, it allows users to easily raise funds for their tokens in a decentralized and user-friendly way.
Several projects have already completed successful token event sales through the Launchpad. For example:
- YakDAO raised $95,000 and sold out within 10 minutes.
- Mars Battle raised $250,000, hitting their hard cap target with four days left for the token sale to end.
How does this benefit $TOKEN?
TOKEN serves as the utility token on the BNB and ETH chains for the Launchpad. A 2% fee is charged on funds raised by projects, with half of it used to buy and burn TOKEN.
Given the strong initial demand, we anticipate the TokenFi Launchpad becoming a central product in the TokenFi ecosystem, potentially generating millions in annual revenue.
Moreover, TOKEN stakers enjoy priority access in these token sale events, often securing the majority, if not all, of the launch allocation well before the general public. The allocation a TOKEN staker can purchase in a token sale event is determined by a combination of the value of the token they’ve staked and the duration of the stake.
The same multiplier utilized in the TokenFi staking program applies, and holding more TOKEN allows users to acquire a larger portion of the available allocation.
You can launch your project at: https://lp.tokenfi.com/
Source: floki.com
