Review Solanium($SLIM) – – Everything you need to know about it.

Solanium is one of the first launchpads in the Solana network.

The Launchpad is a platform to raise funds for an early-stage crypto project from retail investors rather than funds. As a reward for participating in an early-stage project launch, investors get early access to innovative product features.

What Is Solanium?

Solanium Platform is a decentralized platform on the Solana blockchain. The platform will introduce decentralized fundraising, time-weighted token staking and governance voting to the Solana ecosystem.

The platform will be an all-in-one solution for Solana, with integrated wallet, DEX and transaction management. All major Solana wallets will be supported. The platform will extend any connected wallet with inline wallet management. The user does not have to leave the platform to see token balances, send or receive tokens or manage token accounts. Experienced users can still manage their wallet through their wallet provider, and any changes will directly be reflected on the platform.

Top 5 Main IDO Platforms on Solana

Outstanding Features

Solanium is the go-to platform for the Solana blockchain. Participate in public raises of top tier projects, stake your tokens, trade on our DEX, participate in our governance and join ouractive and growing community.

You can stake your SLIM or SLIM-LP tokens to receive xSLIM. xSLIM qualifies you for fee distribution and airdrops, unique pool benefits (depending on your Tier), governance voting and much more. Through our staking mechanism that combines your amount of tokens staked together with your own specified lock time we aim to be the most fair launchpad in existence.

Solanium’s mission is to make Solana accessible to anyone, with a strong focus on UI/UX and strong partnerships and integrations in the Solana ecosystem.

What is the unique selling point?

Users can stake SLIM tokens to receive xSLIM. xSLIM is the platform’s governance token that is used for:

• Early or exclusive pool access
• Launchpad fee distribution
• Better odds in the lottery to win allocation in projects
• Vote in governance proposals

The Solanium platform includes:

• A launchpad / accelerator for new projects launching in the crypto ecosystem.
• Integrated wallet management to let the users manage their wallets.
• A (Serum) DEX UI.
• Governance and proposals.
• Integrations with other ecosystem projects.

How Does Solanium Work? 

Solanium must have a certain amount of xSLIM tokens in their account to participate in IDO on the Launchpad. These tokens can be obtained by placing a bet in SLIM. The developers give the following example of how the system works in the documentation:

For example: You have 1000 SLIM tokens. You will lock these for 3 months, this means you will receive 250 xSLIM on the first day of your stake. Each day, your balance will decrease by 2.77 xSLIM. After 30 days you have 166 xSLIM, and you decide to re-lock your initial stake for 3 months again, so your new balance is 250 xSLIM.

SLIM-LP tokens are also used to obtain xSLIM tokens, which can be obtained by providing an equivalent number of SLIM and SOL tokens to the Raydium pool.

The following tiers are available to users:

• Tier 1 Requirement: 100 xSLIM
• Tier 2 Requirement: 1000 xSLIM
• Tier 3 Requirement: 5000 xSLIM
• Tier 4 Requirement: 10,000 xSLIM
• Tier 5 Requirement: 50,000 xSLIM

Tier 4 and 5 users are guaranteed an allocation of tokens.

How to get whitelisted on Solanium IDO: Tiers Rules

User tiers on Solanium are divided into two types: lottery tiers and guaranteed allocation tokens tiers. Depending on which lottery tiers the user has, they will be given a certain number of lottery tickets. Accordingly, the higher the number of such tickets, the higher the chance of being whitelisted:

• Tier 1 1 Lottery Ticked
• Tier 2 12 Lotteries Ticked
• Tier 3 100 Lotteries Ticked

There is also an opportunity to take part in IDO completely free of charge. This opportunity depends on the project that is launched on the Solanium platform.

As a rule, to get the opportunity to take part in IDO for free, one has to complete several social tasks: subscribe to the project’s Twitter and Telegram channel, do a retweet, etc.

Depending on the number of tasks completed, the user will receive a certain number of so-called social tickets, which will enable them to take part in IDO.

Project Launched On Solanium

https://twitter.com/CoincuInsights/status/1501402251465658368?s=20&t=Y8_RmF4axHdd-WKwKLfdHA

Roadmap

Technical Data

Token Metrics

• Token Name: Solanium
• Ticker: SLIM
• Blockchain: Solana
• Token Standard: SPL
• Contract: xxxxa1sKNGwFtw2kFn8XauW9xq8hBZ5kVtcSesTT9fW
• Token Type: Utility, Government
• Total Supply: 100,000,000 SLIM.
• Circulating Supply: TBA

Token Allocation

Token Sale

Solanium has had 3 rounds of sales and earned $ 3.5 million:

• Seed Sale: Opened for sale of 5,000,000 SLIM (5%), raised $500,000 at $0.1/SLIM.
• Private Sale: Opened sale of 15,000,000 SLIM (15%), raised $2,000,000 at $0.133/SLIM.
• Public Sale: 5,000,000 SLIM opened for sale, raised $1,000,000 at $0.2/SLIM.

Token Release Schedule

Token Use Case

SLIM tokens will be used to:

• Staking to get rewards.
• Get bonus trading fees from the platform.
• Gain access to special liquidity pools.
• Propose and vote on system changes.

Market and Community

Market

Some information about Solanium

• Rank: 565
• Market cap: $39,781M
• Volume 24h: $1,826M

More details: https://coincu.com/currencies/slim-solanium/

Community

Backers

Team

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Partners

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Investors

Conclusion

Solanium is the go-to platform for the Solana blockchain. Participate in public raises of top tier projects, stake your tokens, trade on our DEX, participate in our governance and join ouractive and growing community.

Find more information about: Solanium

Website: https://www.solanium.io/

Whitepaper: https://docs.solanium.io/

Twitter: https://twitter.com/solanium_io

Telegram: https://t.me/solanium_io

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.

Issac

Coincu Ventures