ETHPad (ETHPAD) is a cross-chain platform inspired by EIP-1559 on Ethereum that aims to enhance the deflation mechanism. ETHPad has implemented deflationary triggers that specifically target staking, token sale, and IDO participation.

ETHPad (ETHPAD) is a cross-chain platform inspired by EIP-1559 on Ethereum that aims to enhance the deflation mechanism. ETHPad has implemented deflationary triggers focusing on staking, token sale, and IDO participation.

The platform has access to cross-chain launches and full control of the process, providing protection against liquidity tracking bots. The procedure is carried out through a proven betting system and a cross-chain bridge.

Who Are the Founders of ETHPad?

The ETHPad platform is developed by BlueZilla, the same team behind the successful launch of BSCPad and TRONPAD projects.

As of August 2021, the name of the CEO and founder of the ETHPAD token has not been revealed.

What Makes ETHPad (ETHPAD) Unique?

ETHPad is a deflationary and decentralized IDO platform built on top of EIP-1559. It aims to introduce deflationary factors into the ETH tokenomics. The platform incorporates deflationary mechanisms into the structure of ETHPad tokens.

The main deflationary mechanisms include:

• 10% commission for token sales (2.5% burned, 7.5% rewarded to participants)
• Option to unstake early with a 25% burning fee, or wait 21 days to unstake with no fee

The list of deflationary mechanisms may be updated and expanded.

In addition, 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).

What is an initial dEX offering (IDO) and why do we need them? Click here and find out.

Whats the difference between Ethereum and Ethereum Classic? Let's figure this out with CMC Alexandria.

What does cross-chain mean? Learn more here.

How Many ETHPad (ETHPAD) Coins Are There in Circulation?

The ETHPad platform uses the native token ETHPAD, which is available for staking and trading with the ticker symbol ETHPAD. The maximum supply is 1,000,000,000 ETHPAD, distributed 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.

Regarding the tokens offered on ETHPad IDO, there is a division into groups: 5% for public whitelist 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 or ICO took place on July 15, 2021, with the presale on BSCPAD. All confirmed information about upcoming or completed IDOs is published on the ETHPad project's social media.

How Is the ETHPad Network Secured?

Existing Ethereum-based launchpads are highly susceptible to sniper bots and other manipulative tactics. To prevent manipulative tactics during launch, the ETHPad team has put a lot of effort into finding ways to control the variables, ensuring a seamless process and natural price discovery.

To participate in the IDO, users need to go through the mandatory KYC (Know Your Customer) procedure. This identity verification process aims to collect basic information about IDO members and ensure the security of the ETHPad platform.

Where Can You Buy ETHPad (ETHPAD)?

As of August 2021, you can buy or sell ETHPAD tokens on Uniswap (V2) and PancakeSwap (V2) exchanges.

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 number of tokens you want to purchase.
• Adjust the amount (ETHPAD) and initiate the swap.
• After receiving ETHPAD tokens, transfer them to your crypto wallet.