👩🚀IDO - Intial Dex Offering
It's LenoPad
Introduction
LENO is motivated by strong desire to help others, our vision is straight forward to build a Decentralized, safe and easy to use launchpad on Juno Network. We will offer projects that are willing to launch on Juno Network and investors, to get an opportunity to get involved in the launch of the project on our platform.
What Problems Is LenoPad Aiming To Solve?
PROBLEM: Not all launchpads focus on the security of their investors. They don’t take all the necessary steps to ensure their projects are safe and worthy before exposing their investors.
SOLUTION:
Any project team who wish to be eligible for launch, MUST pass INTERNAL KYC.
Projects will need to pass audit by Leno Team.
Liquidity and Project tokens will be locked for adequate time via DaoDao.
Only projects with usecase will be considered for launch.
LenoPad has been developed and put together by the team behind many successful projects and through our existing network of contacts, experience and dedication, LenoPad will be propelled to the next-level.
Tier Allocation
To be eligible to participate in IDOs, users will need to hold and stake $LENO tokens. Lenopad will have 3 tiers and all tiers will guarantee an allocation.
How Does The Tier System Work?
As an example, let’s say we have 100 participants in this IDO and we have 1,000,000 tokens for sale, let’s calculate how many tokens will be available for each investor based of every tier.
55 Bronze, 35 Silver, 10 Gold tiered participants.
(Pool equation = Participant x Pool weight)
Bronze: 55 x 1 = 55
Silver: 35 x 7 = 245
Gold: 10 x 50 = 500
Total Weight: 800
-----------------------------------------------------------------------------------------------------
Weight equation = Tokens / Total weight or 1,000,000 / 800 = 1250
(Pool equation x Weight equation)
Bronze: 55 x 1 x 1,250 = 68,750
Silver: 35 x 7 x 1,250 = 306,250
Gold: 10 x 50 x 1,250 = 625,000
-----------------------------------------------------------------------------------------------------
Each Participant will receive token base on their Tier.
(Weight equation x Tier pool weight)
Bronze: 1,250 x 1= 1,250 Tokens per participant
Silver: 1,250 x 7 = 8,750 Tokens per participant
Gold: 1,250 x 50 = 62,500 Tokens per participant
What's LenoPad goals?
The goals of LenoPad are two fold, they are:
Project Support Goals: Providing innovative projects with the support and resources they need to succeed. Such projects are either supported in early seed funding stage through our incubator program or in the market entry stage through our LaunchPad. The Incubator program provide selected projects with development funds and other resources such as experienced developers to help build products, marketing team to aid with business growth and any other kind of supports that such a project might need. The LaunchPad help projects which already have products and are ready for market entry. The LaunchPad helps these projects to run quality and well coordinated IDO or token generation events. LenoPad adopts a solid marketing strategy to ensure that the IDO events are highly successful.
Best Earning and Investment Opportunities for Users: Users of LenoPad gain early investment opportunities to high quality and innovative projects on a regular basis. Our users can invest in these projects at the seed funding stage through our novel decentralized incubator protocol or in the market entry stage by participating in IDO or token generation events held in our LaunchPad. This gives our users entry points to maximize the turnover of their investments. In addition to these, users also earn great staking and liquidity mining rewards.
Last updated
