ETHPad is a pivotal DeFi and deflationary IDO platform built on the Ethereum blockchain. ETHPad functions as a launchpad where new crypto projects can initiate their launches and receive support for their growth. The company is closely connected with BlueZilla, which stands behind such successful platforms as BSCPad and TronPad. The ETHPad coin – $ETHPAD, is used for various activities, including staking and participation in token sales.
ETHPad facilitates IDOs, which provide a means for new crypto projects to raise funds. Collaboration with BlueZilla, BSCPad, and TronPad allows the company to implement best practices and expertise from leading players in the IDO market. Consequently, ETHPad offers a robust incubation program and support for emerging blockchain projects. This support encompasses marketing services, tokenomics guidance, technical assistance, and all the necessary resources to help novel ventures succeed.
ETHPad tiers are divided into two pools:
Let's look closer at the requirements for ETHPad participation in IDO. The requirements are simple:
However, if users have previously completed KYC on the BSCPAD website using the same wallet address, there is no need to repeat the process. It will be automatically migrated by ETHPad.
The ETHPad token serves multiple purposes within the platform. Impressed by Ethereum's EIP-1559 update, the company has incorporated deflationary mechanisms into the tokenomics of ETHPAD to reduce the supply of tokens over time. These mechanisms imply a 10% fee on token sales, where 2.5% of tokens are burned, and 7.5% are rewarded to stakers in ETH. Furthermore, to incentivize users to stake ETHPAD for the long term, there's a 25% burn fee for unstaking tokens early.
If you want to apply for incubation on the ETHPad launchpad, please fill out the application form.