Trustpad ($TPAD), built on the Binance Smart Chain Network as a BEP-20 token, has positioned itself as one of the most secure launchpads on the market.
Trustpad, launched in April 2021, is a multi-chain, permissionless fundraising platform for crypto projects. They hope to jumpstart the launch of projects looking to enter the Initial Decentralized Offering (IDO) space while also providing early investors top-tier blockchain security.
The hand-picking of high-quality projects emerging on the blockchain is critical for doing this efficiently. Trustpad is compatible with the Ethereum (ETH), Binance Smart Chain (BSC), Polygon (MATIC), and Solana (SOL) blockchains.
They’ve built a solid community of 338 thousand Twitter followers, many of whom enjoyed a Return On Investment (ROI) of 29.45x during the All-Time High (ATH). Trustpad has a market capitalization of $479.47 million USD.
$TPAD was launched with a total token supply of 100 million and a 2% deflationary burn charge. The cost is divided equally among all $TPAD stakers for user redistribution, and a burn fee delivered directly to a dead wallet address. This will enhance the token’s scarcity over time.
To participate in IDO offerings, members must stake the Trustpad native token, $TPAD. There are nine stages of participation: three lottery tiers with variable return percentages and six guaranteed allocation tiers with varying return multipliers.
Trustpad is similar to other Decentralized Finance (DeFi) technologies incorporated in the current and anticipated future DeFi boom. The value proposition they provide is their project’s guiding principle, ‘quality over quantity,’ which is expected to benefit the broader blockchain ecosystem with beneficial spill-over effects.
Trustpad had a good fourth quarter of 2021 with its integration into the Cardano (ADA) ecosystem, Central Exchange (CEX) Listings, and the launching of TrustPad’s DAO and governance.
