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ETHPad is the first decentralized and deflationary IDO platform inspired by EIP-1559 on Ethereum. It is brought to you by BlueZilla, the team behind the successful launch of BSCPad. With ETHPad, the team aims to control cross-platform launches fully, ensuring liquidity sniping bot protection, cross-chain bridge capabilities, and proven staking systems. The platform implements several deflationary triggers tied to selling, staking, and IDO participation, taking inspiration from EIP-1559.
ETHPad introduces deflationary mechanisms to its token structure, with a 10% fee on all token sales, of which 2.5% will be burned and 7.5% will be rewarded to stakers in ETH. Additionally, there will be an option to unstake early, which incurs a 25% burn fee. By waiting 21 days to unstake, no fee is charged. Over a year, 20% of the ETHPad tokens will be airdropped to loyal BSCPad and TRONPAD stakers. The initial market cap for ETHPad is set at $55,500.
ETHPad addresses the limitations of relying on third-party solutions for Ethereum-based launchpads. The team’s marketing expertise and proven track record in the industry make them confident in their ability to overcome manipulative tactics and bring smoother launch experiences. The platform will also introduce an incubator program to select and support promising projects, offering legal support, tokenomics design, development assistance, marketing network access, and exclusive IDO platform access. ETHPad strives to provide an all-encompassing launchpad solution fueled by the marketing force that has driven the success of BSCPad and TRONPAD.
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