Rank #1972
ADAPAD ADAPad
ADAPAD Price
$0.00617
+2.24% Market Cap
$725.83K
24H Volume
$5.43K
Circ Supply
117.64M
ADAPAD Explorer & Contracts
ADAPad Info
Adapad calls itself “the first deflationary launchpad for the Cardano ecosystem.” It is similar to ETHPad, BSCPAD and TRONPAD since it was launched by the same company. At its core, Adapad aims to be an incubator program for new projects on Cardano.
With Adapad, the team aims to have full control of cross-platform launches, enable liquidity sniping-bot protection and have their own cross-chain bridge and proven staking systems. ADAPad will also have several deflationary triggers tied to selling, unstaking and IDO participation. ADAPad holders are rewarded with 7.5% of sell fees in ADA.
The Cardano Foundation recently announced the Alonzo upgrade, which will enable smart contracts and decentralized finance capabilities on the Cardano ecosystem. This will likely lead to an uptick in projects having IDOs on Cardano and using the services of launchpads like ADAPad.
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