What Is BSCPad (BSCPAD)?
BSCPad (BSCPAD) is a decentralized platform for launching new cryptocurrency projects, distributing tokens, and raising liquidity. The platform runs on the Binance Smart Chain (BSC) to ensure low transaction fees, faster transactions, and compatibility with Ethereum. According to the website of BSCPad, the existing launchpad prohibits users from acquiring enough tokens to participate in the ecosystem. and even if the users stake the tokens, there's no guarantee for the allocation spot. These launchpads works on a first-come, first-served basis, with automated bots able to fill whitelist slots in a matter of seconds. However, BSCPad creates fair decentralized launches. Users can select between a lottery tier and a guaranteed allocation tier, with guaranteed allocation in the first round if they win the lottery (Allocation round).
BSCPad uses a two-tier system to offer guaranteed allocation. The two-tiered system is based on the number of tokens kept for staking. Lottery tiers keep 20 percent of the staked tokens, and the guaranteed allocation tier keeps the remaining 80 percent based on the share of each staker.
Further, the platform collects data and feedback to optimize the system over time. The fair and predictable system provides proper incentives for BSCPAD token holders to hold and accumulate. As a result, the system remains functional, competitive, and rewarding for the community members.
BSCPAD is the currency of the BSCPad platform. Users can utilize the tokens to trade and invest in the upcoming BSC projects for better benefits.
History of BSCPad (BSCPAD)
BSCPad was founded by Lester Lim who is also the CEO of the company. The BSCPad token has a total supply of 175,600,000 BSCPAD.