ETHPad (ETHPAD) is a deflationary IDO platform on multiple blockchains, including BSCpad and Ethereum. More
| Fully Diluted Valuation | $1.28M |
|---|---|
| 24H Trading Volume | $99 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 137.00 M |
| Total Supply | 1.00 B |
| Max Supply | 0.00 |
| Categories | BNB Chain Ecosystem 1 more |
|---|---|
| Founder | BlueZilla |
| Website | Ethpad.network |
| Socials | |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Bscscan 4 more |
| Contracts |
0x8db....dc442
1 more
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| Name | Pair | OG Score |
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ETHPad is a cutting-edge platform designed to revolutionize Initial DEX Offerings (IDOs) across BSCpad, TRONPAD, and Ethereum blockchains. Created by the team behind BSCPad, ETHPad focuses on combating market manipulation and ensuring a secure environment for crypto-traders.
Deflationary Approach
ETHPad adopts a deflationary model inspired by Ethereum Improvement Proposal 1559 (EIP-1559). It applies a 10% fee on token purchases, where 2.5% of tokens are permanently removed from circulation (burned), and 7.5% are distributed to stakers in ETH. This mechanism aims to reduce token supply over time, potentially increasing token value for holders.
Users can also unstake tokens early with a 25% burn fee, which is waived if tokens are held for 21 days. These measures encourage long-term engagement and investment in the platform.
Security Measures
To address concerns about fraud and manipulation common in Ethereum-based launchpads, ETHPad implements rigorous Know Your Customer (KYC) verification. This ensures that users are authenticated, enhancing overall security and compliance with regulatory standards. The platform also utilizes third-party services for Ethereum transactions to minimize operational risks and ensure smooth functionality.
Market Position and Future Developments
Starting with a modest initial market cap of $55,500, ETHPad aims to establish itself as a trustworthy platform in the competitive IDO market. Future plans include introducing additional deflationary mechanisms to further enhance token economics and provide greater value to its community.
In summary, ETHPad distinguishes itself through innovative deflationary strategies and robust security measures. By prioritizing transparency and user security, ETHPad seeks to redefine the IDO experience, offering a reliable platform for crypto enthusiasts and investors alike.
ETHPad distinguishes itself with a deflationary model inspired by EIP-1559, burning 2.5% of tokens on each transaction to reduce supply and potentially increase token value.
ETHPad is founded by BlueZilla, the team renowned for their success with BSCPad, demonstrating their expertise in launching and marketing successful crypto projects.
ETHPad addresses security concerns by implementing KYC verification and utilizing third-party services for Ethereum transactions, minimizing susceptibility to manipulative tactics and ensuring smooth operations.
Uniswap V2 (Ethereum), PancakeSwap (v2)
