Market Data & Token Stats
| Fully Diluted Valuation | $10.14M |
|---|---|
| 24H Trading Volume | $2,782 |
| 24H Low / High | $0.01014 / $0.01044 |
| Circulating Supply | 748.39M |
| Total Supply | 1.00B |
| Max Supply | 1.00B |
Key Project Information
| Categories | Launchpad 6 more |
|---|---|
| Founder | Calvin Chu |
| Website | impossible.finance |
| Socials | 2 more |
| Chains | Avalanche Ecosystem 3 more |
| Explorer | Snowtrace 7 more |
| Contracts |
0xfca....d25dd
3 more
|
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Impossible Finance Launchpad (idia) Expert User Reviews
Is Impossible Finance Launchpad safe or a scam? Read verified Crypto OG reviews about Impossible Finance Launchpad
$idia Markets
| Name | Pair | OG Score |
|---|
About Impossible Finance Launchpad
Impossible Finance, a DeFi-native ecosystem, has established itself as a multifaceted platform in the realm of decentralized finance. Launched in 2021, it presents a unique blend of products, central to which are the Impossible Launchpad and Impossible Swap. These innovations embody their vision to nurture and accelerate blockchain projects, ensuring a fair and equitable environment for investment and growth.
The Impossible Launchpad, powered by its core governance token IDIA, offers a novel approach to Initial DEX Offerings (IDOs). Its distinctive feature is the Allocation Staking contract, which ensures fair allocation based on stake amount held over time, rather than random snapshots. This method counters the challenges of provable randomness and economic exploits, offering a more equitable distribution of opportunities. The two-stage IDO process begins with an Allocation Sale, guaranteeing stake allocations, followed by a Declining Price Sale for efficient price discovery and complete token distribution.
In addition to the Launchpad, Impossible Finance offers a comprehensive crypto investment platform. Users can stake IDIA tokens in various sectors, gaining access to future launchpads. This system captures a snapshot of stake weight, providing pro-rata allocation to users, who then have the option to redeem their allocation with stablecoins or roll over their stake for compounded exposure in subsequent launchpads. This mechanism simplifies DeFi investments, offering users fairer investing and better yields, thus reinforcing Impossible Finance's commitment to democratizing access to high-quality crypto opportunities.
What is unique about Impossible Finance Launchpad (IDIA)?
Impossible Finance Launchpad is distinguished by its fair allocation mechanism that prioritizes stake amount held over time instead of random snapshots. This approach aims to ensure a more equitable distribution of opportunities and counters economic exploits commonly seen in traditional launchpads.
Who are the founders of Impossible Finance Launchpad (IDIA)?
Calvin Chu, formerly of Binance Research, played a pivotal role in the development of Impossible Finance Launchpad. His expertise from Binance Staking and advisory roles in Binance Launchpad significantly influenced the design and strategy of Impossible Finance.
Who are the backers/investors of Impossible Finance Launchpad (IDIA)?
Impossible Finance Launchpad secured over $7 million in 2021 from VC giants like True Ventures and Alameda Research, joined by industry leaders like Sandeep Naiwal and Kain Warwick, alongside a diverse group of other investors.
Where can I buy Impossible Finance Launchpad (IDIA)?
You can buy Impossible Finance Launchpad (IDIA) on Uniswap V3 (Arbitrum One), PancakeSwap (v2), THENA, Impossible Finance (v3)Impossible Finance cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the Impossible Finance Launchpad Official Website, Impossible Finance Launchpad GitHub Repository and Impossible Finance Launchpad X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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