What is Tronpad Network (TRONPAD) | What is Tronpad Network token | What is TRONPAD token
In this article, we’ll discuss information about the Tronpad Network project and TRONPAD token
TRONPAD has built fair decentralized launches, empowering cryptocurrency projects to distribute tokens and raise liquidity in a way that is inclusive of everyone who holds their tokens. TRONPAD is continuously improving their launchpad mechanics and evolving to incentivize and reward all token holders, not just the top 1%. There is no manipulation, no bots; only a functional and secure design for all participants.
WHAT IS TRONPAD?
TronPad is the only IDO platform fully backed by the Tron Network.
TronPad will empower cryptocurrency projects with the ability to distribute tokens and raise liquidity.
WHY CHOOSE US?
Following the success of BSCPAD, the BSCPAD Team has partnered with Tron to bring its popular low barrier to entry IDO solutions to to the Tron network that will incentivize and reward all token holders in a way that is inclusive and fair.
One of the fundamental flaws of existing launchpads is acquiring enough tokens to participate in the ecosystem can be prohibitive. This can be based on a first come first serve basis where automated bots can fill the whitelist spots in a matter of seconds. TronPad addresses this issue and is designed for fair decentralized launches.
The hallmark of TronPad is a two-round system, consisting of an open public lottery with no requirement for holding tokens, a participation lottery for lower levels and guaranteed allocation for higher levels. Any of the allocation that is not bought in time is then offered on a ‘first come first served’ basis.
THE TRONPAD TIERED SYSTEM
TronPad offers a public white list lottery tier, weighted lottery tiers and guaranteed allocation tiers.
Each project’s overall IDO offering is split into these allocations:
5% for public white list lotteries (open to anyone who completes tasks, no tokens required)
25% for lottery Tiers (Earth and Moon tiers)
70% for guaranteed allocation Tiers (higher tiers)
PUBLIC WHITE LIST LOTTERY
5% of the IDO will be allocated to the public!, this is open to anyone who completes tasks, with no requirement to stake TRONPAD tokens.
Follow the announcements channel to learn what to do for each project.
LOTTERY TIERS
Earth
Staking Requirement
15,000
1 lottery ticket
Staking length required
3 hours before allocation round opens
Moon
Staking Requirement
50,000
4 lottery tickets
Staking length required
3 hours before allocation round opens
GUARANTEED ALLOCATION TIER
Mars
Staking Requirement
200,000
1 Guaranteed allocation
Staking length required
3 hours before allocation round opens
In the public lottery round, winning users will be contacted to claim their allocation, in the earth and moon tiers winning users can purchase their allocation. In the Mars tier allocation round users can purchase their guaranteed allocation. All allocations will need to be purchased in the allotted time or it will be forfeited and offered as first come first served.
ROUND 2 - FCFS ROUND
In round 2, the unsold tokens from the first round are made available. All tiered members can purchase an additional amount that is determined by a tier-based formula.The second round buying window opens at the same time for all members, regardless of tier level. This round is open until all tokens are sold, typically lasting for only a few minutes. After all the tokens are sold, the IDO is concluded.
WE WILL BE COLLECTING BOTH DATA AND FEEDBACK ON THE IDO STRUCTURE IN ORDER TO OPTIMIZE THE SYSTEM OVER TIME AS WELL AS TAKING INTO CONSIDERATION COMMUNITY FEEDBACK AND POTENTIAL DAO PROPOSALS.
Our system is a predictable and provably fair system giving our users the proper incentives to accumulate and hold tokens and support each and every project launched. Over time, we will tweak weights, add new tiers and change other parameters as necessary to keep the system functional, competitive and rewarding for all community members.
$TRONPAD is the next evolution of blockchain launchpads solving the fundamental flaws that plague existing launchpads. This platform benefits all holders of the token and allows for fair launches giving traders of all sizes the opportunity to invest in the best upcoming projects launching on the Tron network.
How and Where to Buy TRONPAD token ?
TRONPAD token is now live on the Binance mainnet. The token address for TRONPAD is 0x1Bf7AedeC439D6BFE38f8f9b20CF3dc99e3571C4. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough BNB in your wallet to cover the transaction fees.
Join To Get BNB (Binance Coin)! ☞ CLICK HERE
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Transfer $BNB to your new Metamask wallet from your existing wallet
Next step
Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap TRONPAD token
Contract: 0x1Bf7AedeC439D6BFE38f8f9b20CF3dc99e3571C4
Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap
The top exchange for trading in TRONPAD token is currently *Pancakeswapv v2 and DODO BSC
Find more information TRONPAD
☞ Website ☞ Explorer ☞ Social Channel ☞ Social Channel 2 ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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