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Cryptocurrency News Articles

Dreampad: A Revolutionary Liquidity-Centered Token Launching System

Aug 16, 2024 at 04:30 pm

Ever since the inception of DeFi, dApps, and protocols have struggled to attract new users and retain existing ones. This translates into a persistent liquidity drought, resulting in rug pulls, a bad reputation, or even worse - shutting off operations.

Dreampad: A Revolutionary Liquidity-Centered Token Launching System

DeFi has struggled to attract and retain users ever since its inception, resulting in a persistent liquidity drought. This issue is largely attributed to the traditional platform for TGE (token generation events), known as launchpads. Despite operating for nearly a decade, these launchpads have failed to generate ample liquidity for new projects.

To address this challenge, Dreampad, a Liquidity-centered token launching system, has emerged within the Berachain ecosystem. It allows projects to launch their token in just 3 steps. Instead of users buying into individual token sales, they are buying directly into the Liquidity Pool for this new token.

Here's a closer look at the key offerings of Honeypot's Dreampad:

1. Fair Token Offering (FTO): At the heart of Dreampad lies the FTO model, a PoL (Proof-of-Liquidity) accelerator that ensures transparent and fair token launches. There’s no token presale in the FTO model, ensuring equal opportunities for all users.

This prevents developers or early adopters from having an unfair advantage and helps prevent mass sell-offs or rug pulls. Under the FTO model, investors buy LP (liquidity provider) tokens at the time of launch, creating liquid markets from day 1.

This ensures that the token is tradeable from day 1, creating a trust-worthy environment for all the investors. Also, FTO allows protocols to sell the LP tokens to raise funding for operational purposes. However, this sale does not impact the token price in any way.

2. Long-Term Growth: Dreampad has an incentive plan in place where they allocate 16% of HPOT from tokenomics to support the long-term development of incubated projects. This allocation can be used for activities like participating in subscriptions to better finance the launchpad projects.

Instead of directly airdropping HPOT to the community, the token is used to purchase assets launched in Dreampad, participate in Dreampad subscriptions, etc., and then use the obtained tokens for airdrops.

This increases the average hold duration of a token while establishing a concrete circulation mechanism to sustain long-term growth.

3. 100% Liquidity: As soon as the LP tokens are launched through Dreampad, they are added to HenloDEX, a Batch2 AMM-powered DEX that solves key challenges like slippage and sandwich attacks, shallow liquidity and valueless incentivization.

This ensures that the newly launched token has a 100% liquidity pool for fair trading.

4. No Entry Barriers: A key hindrance to the mass adoption of DeFi is entry barriers like complex tech and the obligating to lock up tokens, Dreampad eliminates all these entry barriers to make DeFi interaction more inclusive, unlocking access to the masses. This is bound to increase on-chain interaction for the concerned protocol, aiding long-term growth.

The token launch scenario in DeFi has so far been dominated by developers and early adopters with unfair advantages. Dreampad eliminates this advantage by removing token presales and creating a level-playground for all users.

It replaces locked liquidity with supplied liquidity and ensures 100% liquidity from day 1 to make the token tradable. Finally, Dreampad eliminates prevalent entry barriers to make DeFi more inclusive, unlocking access to hundreds of thousands of new users.

All these factors are bound to help new token-based projects onboard new users, generate fresh volume and create liquid markets.

News source:u.today

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