Press Release
UniCrypt’s decentralized Launchpad primed to restore trust in DeFi projects
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The Unicrypt network has just unveiled its public Launchpad, allowing any DeFi project to host presales in a fully decentralized manner.
The blockchain platform plans to create the best possible environment for startup projects to lock liquidity while sidestepping issues such as lack of funding, promotions, support, and more.
Just delivered on the 29th of January, the Unicrypt Launchpad introduces a fully automated, decentralized, and scalable platform. New DeFi projects can run presales on the pad in a similar fashion to how any token is free to list on Uniswap.
The Unicrypt team touts its upcoming Launchpad as Uniswap for presales, meant to serve as an alternative to centralized platforms like Binance pad and Unilayer pad.
UniCrypt hopes to establish users’ trust in DeFi projects that are often susceptible to rug pulls, where dev teams pull out all liquidity from Uniswap pools without warning investors. The Launchpad itself is currently undergoing auditing by Chainsulting to guarantee user confidence in all listed presales.
Any legitimate project willing to collaborate can tap into Unicrypt resources such as automated liquidity locks to advance its project from the presale phase to market initialization.
The Unicrypt team is keen to preserve the credibility of its Launchpad. To this end, the project will soon integrate a function that allows whitelisted auditors to detect suspicious activity or questionable tokens, which will be made visible within the presale itself.
UniCrypt Launchpad Provides Equal Opportunities For All
UniCrypt’s presale Launchpad is unique in that it is fully decentralized and automated to generate fees that benefit all hosted projects and token holders.
The new platform essentially transforms DeFi by giving any startup project the freedom to run their presale without any requirements for applications and subsequent approval from centralized host teams.
Most centralized Launchpad options currently impose stringent requirements before any project is allowed to host its presale. For instance, Binance Launchpad attempts to rid its platform of fraudulent activity by rigorously reviewing factors such as a project’s history, viably for adoption, and potential in the crypto space.
While these measures have made centralized launchpads popular among investors, they risk alienating young projects that may not have the required credentials to start their journey. The Unicrypt Launchpad takes a different approach from its centralized counterparts by directing its objectives to provide equal opportunities for all projects.
DeFi investors are shielded from fraudulent ventures by the presence of whitelisted auditors who quickly flag and alert users of any malicious minting functions, proxies, or blacklists.
Presale Conditions For Listing On Unicrypt
Projects wishing to list on Unicrypt must first launch their native token and set a soft/hard cap. All tokens launching their presale are required to lock at least 30% of the liquidity pool on Uniswap (up to 100% supported). Once this initial step is finalized, the Unicrypt whitelist function available on the user interface is activated.
The next phase is the presale rounds (currently, two rounds are available), where project teams specify the currency they wish to raise; they can choose diverse options such as USDC, USDT, DAI, and ETH.
Participation for any first-round is exclusively reserved for holders of UNCX and UNCL, the project’s native tokens. Participants must hold either 4 UNCX or 50 UNCL token..
This private round, typically sold out in less than two hours, incentivizes token holders with early access to top-quality projects with lucrative returns. It also rewards the top 100 stakers of UNCX or UNCL with a share of fees from the presales.
This reward mechanism encourages staking and gives projects the best possible start with more token holders. What’s more, partnered token holders also get the opportunity to participate and earn rewards from the private round.
The second presale round is open to anyone or whitelisted addresses by the token’s team. The event is expected to go on for anywhere between 1 second and two weeks. After the close of the presale rounds, markets can be initiated by a publicly callable function.
Unicrypt Liquidity Lockers Guard Investors Against Exit Scams
The presale platform is linked fully to UniCrypt liquidity lockers with Uniswap v3 migration for better efficiency. As a safeguard against exit scams, project teams can only withdraw funds from the liquidity lockers after a preset period.
The liquidity lockers serve to establish trust by guaranteeing investors that they will be fully reimbursed if a given project fails to hit its soft cap. They also help give investors the upper hand to handle their capital.
Scalability is as vital as trust for the Unicrypt team, which is why they have integrated an automated infrastructure with a simplistic approach to all events. This tactic ensures that the launchpad can scale seamlessly regardless of the number of presale activities hosted at any given time.
In conclusion, Unicrypt’s pioneering decentralized launchpad focuses on offering more faith and opportunities to all project teams and investors. The platform will facilitate any interested party to launch and gain legitimacy among investors in a flash.
Furthermore, Unicrypt upholds the ethos of fairness in the projects wishing to start their journey on the blockchain platform. The new launchpad will also integrate a Uniswap browser that enables users to find tokens quickly, validate locks, and categorize new projects by most significant changes, newest, and many more parameters.
