ETHPad Price Chart Update [ETHPAD]

To learn more about this project, read our detailed analysis of ETHPad.

ETHPad: An Overview

ETHPad (ETHPAD) is a platform that operates on various blockchains and draws inspiration from EIP-1559 on Ethereum. Its main goal is to enhance the deflationary mechanism. In simpler terms, ETHPad incorporates deflationary triggers that focus on staking, token sale, and IDO participation.

The platform has the ability to launch projects on different blockchains and has complete control over the process. This provides protection against liquidity-tracking bots. The process is carried out through a proven betting system and a cross-chain bridge.

The Visionaries behind ETHPad

The development of the ETHPad platform is led by BlueZilla. The team behind ETHPad has also been involved in the successful launch of BSCPad and TRONPAD projects.

As of August 2021, the CEO and founder of the ETHPAD token remains undisclosed.

What Makes ETHPad Unique?

ETHPad is a deflationary and decentralized IDO platform built on top of EIP-1559. It is backed by the Ethereum blockchain and aims to introduce deflationary factors into the ETH tokenomics. The development team has integrated deflationary mechanisms into the structure of the ETHPad platform.

The main deflationary mechanisms include:

• 10% commission for token sales, with 2.5% being burned and 7.5% rewarded to participants.
• An option to unstake early with a burning fee of 25%, or wait 21 days to unstake without any fee.

The list of deflationary mechanisms will be updated and expanded.

In addition to these advantages, it is worth noting that the ETHPad project has a low initial market capitalization of $55,500 USD.

Related Pages:

Read about BSCPAD (BSCPAD) and TRONPAD (TRONPAD).

Read about PancakeSwap (CAKE) and Uniswap (UNI).

Learn more about initial dEX offerings (IDOs) and their importance.

Understand the difference between Ethereum and Ethereum Classic with CMC Alexandria.

Discover the meaning of cross-chain.

ETHPad Coin Circulation

The ETHPad platform utilizes the native token ETHPAD, which is available for staking and trading with the ticker symbol ETHPAD. The maximum supply of ETHPAD is 1,000,000,000. The distribution is as follows: 11% to team members, 6% to advisors, 10% to the liquidity pool, 9% to the ETHPad ecosystem, 3% to the reserve, 9% to stakes and rewards, 22% to Private Sale, 20% to Airdrop, 5% to Public BSCPad, and 5% to Public TronPad.

As for the tokens offered on ETHPad IDO, they are divided into groups: 5% for public white list lotteries, 10% for lottery Tier (Bronze - 5,000 staked - 1 lottery ticket), and 85% for guaranteed allocation Tiers (Silver - 120,000 staked; Gold - 200,000 staked).

An Initial Coin Offering (ICO) took place on July 15, 2021. The presale was conducted on BSCPad. All confirmed information about upcoming or completed IDOs is published on the social media channels of the ETHPad project.

Security of the ETHPad Network

Existing Ethereum-based launchpads are susceptible to sniper bots and other manipulative tactics. To address this issue, the ETHPad team has devoted significant effort to prevent manipulative tactics during the launch process. This ensures seamless execution, smooth price discovery, and a natural flow of events.

To participate in the IDO, users are required to undergo the KYC (Know Your Customer) procedure. This mandatory identity verification process collects basic information about IDO members and ensures the security of the ETHPad platform.

Where to Buy ETHPad (ETHPAD)?

As of August 2021, Uniswap (V2) and PancakeSwap (V2) exchanges are recommended platforms for buying or selling ETHPAD tokens.

Here are the step-by-step actions:

• Download and log in with a digital wallet (Trust Wallet, MetaMask, Binance Chain Wallet), and link a trusted wallet to an exchange (PancakeSwap, Uniswap).
• Add funds to your wallet and make a transfer to PancakeSwap or Uniswap.
• Find the ETHPAD token and enter the desired number of tokens for purchase.
• Adjust the amount (ETHPAD) and proceed with the swap.
• After receiving ETHPAD tokens, transfer them to your crypto wallet.