With their tier-weight mechanism practically anyone can participate in incubated seed rounds and IDOs. They also earn staking and liquidity mining rewards.ĠxPAD will be listed on PancakeSwap on January 5th, 2022 at 2:00 PM EST.ĠxPad is building a decentralized ecosystem that proposes the importance of equal participation. Participants can then become members of 0xPAD protocol immediately and start earning from participation in IDOs/Incubation of innovative projects. Participants have immediate access to 100% of the tokens they purchased.100% of this allocation is unlocked at TGE/IDO.Soft/Hard Cap: 450,000/720,000 BUSD IDO Token Distribution There is no minimum contribution and the maximum is 12,000 BUSD per address. The IDO sale will be held on the 0xPad website and will be held in BUSD. Starts: January 4th, 2022 at 12:00 PM ESTįinishes: January 5th, 2022 at 12:00 PM EST Participation You can join the whitelist by filling out this form.
Starts: January 3rd, 2022 at 12:00 PM ESTįinishes: January 5th, 2022 at 12:00 PM EST Per the 0xPad docs, here are the details for the IDO and participation requirements: Whitelisted Addresses The 0xPad IDO sale will take place at the beginning of January, 2022. The allocation details can be found in the tokenomics section of 0xPad whitepaper. These include staking rewards, 0xPad Membership system level, the tier-weight mechanism, incubator allocation access, and DAO voting weight. The 0xPad token is a utilitarian token with a variety of use-cases on the protocol.
The mechanism utilizes a formula that weighs the amount of tokens staked/LP tokens provided, along with the pool chosen, to determine their allocations for incubated projects.Ī full description of the formula that determines tier-weight for investors can be found in the 0xPad docs. The protocol proposes this provides full decentralization as the tiers are based on lockup time and the amount staked or LP tokens provided through 0xMine pools. There is also guest participation that involves joining a whitelist for an IDO, with allocations determined by many 0xPAD tokens the investor holds. With each pool investors are given a tier-weight that corresponds to the level of the pool they are staking in, with Bronze being the lowest and Platinum the highest. Working in tandem with staking pools is the tier-weighted mechanism for participating in seed funding and IDOs. There is no lockup period for mining on 0xMine pools. Pairs currently supported are 0xPAD-BNB and 0xPAD-BUSD.
The 40% APR is equivalent to 49.15% APY, with compounding once a day.ĠxMine allows users to mine 0xPAD by adding to Liquidity Pool (LP) pairs on PancakeSwap.
Silver Pool - Lockup duration of 30 days and an APR of 10%.The APR is equivalent to 5.1% APY, with compounding once every 24 hours. Bronze Pool - Lockup duration of 3 days and an APR of 5%.0xVault consists of four different pools, all of which are directly tied to Incubation/IDO allocations, Decentralized Autonomous Organization (DAO) voting rights, and Annual Percentage Returns (APR). Staking is done through the 0xVault and 0xMine pools, where users can add liquidity on PancakeSwap to start earning 0xPAD.