Wagmipad is a @berachain-centric innovative launchpad boasting not just one, but two groundbreaking features. Today, we're excited to unveil the 3 layers curation mechanism of Wagmipad.
Wagmipad NFT holders, forming the core community, possess the authority to vote & curate on which projects get listed while also assessing the projects' credibility beforehand.
This community involvement ensures that every member can contribute to vetting upcoming projects, aiming to list only those of high quality with legitimate teams on Wagmipad.
By incorporating the due diligence endeavors of the community, Wagmipad team, and Berachain OGs, we create 3 tiers of curation. This thorough approach enhances the credibility assessment of listed projects, providing a more resilient evaluation process that isn't solely dependent on a single party.
The collective power to select top-tier projects not only ensures a smooth investment experience and improved risk management but also holds the potential for high returns thanks to the community's diligent efforts.
We will reveal the 2nd feature very soon. Stay tuned.
Over the past 7 years since ICOs and token sales gained popularity in 2017, there has been little to no advancement in launchpad mechanisms, apart from Balancer's introduction of the innovative LBP (Liquidity Bootstrapping Pool). However, this stagnation was disrupted with the emergence of Wagmipad's novel innovation known as LPO (Liquidity Provision Offering).
LPO introduces an innovative strategy that utilizes Berachain's Proof-Of-Liquidity by employing BGT emissions to purchase IDO projects at their list price. The acquired tokens are subsequently distributed back to the LP providers proportionally. With this mechanism, aside from impermanent losses through liquidity provision, LP providers bear minimal risk in participating in token sales.
Take Project A as an example, aiming to list on Wagmipad and raise $100,000. Following the three layers of curation, Wagmipad LP providers voted and decided to allocate $20,000 from the WagmiFarm to invest in Project A. Remarkably, even before the fundraising IDO commences, Project A has secured 20% of its targeted fundraising. Now, what about the remaining $80,000? Well, Wagmipad NFT holders will enjoy exclusive privileges with a 100% whitelist and allocation to participate in Project A's token sale.
To maintain consistent BGT emissions to the WAGMI-BERA LP, we've devised a strategic plan. Collaborating with our esteemed partners Kodiak and Beradrome, we've implemented a process to ensure continuous voting power channels the BGT emissions toward our LP. This involves staking the WAGMI-BERA LP to the Beradrome gauge and burning oBera to gain voting power & bribe the gauge. Simultaneously, we bolster our LP position by staking $WAGMI to Kodiak, leveraging the emissions of $KDK to secure additional BGT emissions.
This combination of the flywheel and trifecta forms what we call "Ferris Wheel Synergy," the heart of Wagmipad's distinction among other launchpads in the space, leveraging Berachain's Proof-Of-Liquidity to its fullest potential.
Prepare for the grand finale of our whitelist campaign! Visit wagmipad.org to complete tasks in the @Galxe campaign and mint the V2 @berachain testnet 404 NFT ticket for your shot at securing a spot in the whitelist raffle.
Those participated in the previous @0xhoneyjar quest will enjoy an increased chance of securing a whitelist spot!
For those who minted the last variant among the total of 10 tickets, not shown in this post, your chances of securing the whitelist are even higher! (Kindly take note that the NFT image may take some time to reveal due to testnet syncing issue)
app.galxe.com/quest/8KLoE5dQ…
April Recap:
🚀 This is the Month of Growth. Mystiko Community has welcomed 150K+ new members .
🚀 The total number of onchain transactions on Mystiko V1 SDK powered products has increased by 3x.
Looking Forward to May:
🔮 Guess what's coming up! Leave a comment and tell us the Mystiko Event you're looking forward to. If selected, the community will reward you with Mystiko Discord Airdrop Tier 5.
1/ Dive into what makes #HongbaiTestnet a game-changer!🧵
🛠️ Testnet Phase 1 Recap: We started our journey with Testnet Phase 1 back on Nov 8, 2023. With 100 validators onboard, we've clocked over 1.5M blocks, boasting an average block time of just 6.34 seconds.
💡Mystiko Quiz Round-3💡
⏰Crossword puzzle
☑️Requirement: Guess the crossword puzzle, 4 words
☑️Tip: It's sweet, it's for everyone and gives you Galxe points, what is it??
☑️Don't forget to let us know your Discord ID
🏅5 Discord Airdrop Tier-4 roles
⏰April 29th - May 1st
🎁Winners will be announced in 48hrs
#Mystiko#ZK#XZK#Giveaway#Airdrop
1\ RWA Tokenization is EXPLODING in 2024!💥
I have been talking about this - it's poised to be HUGE in the next bull run!
What are #RWAs? Imagine turning real-world assets like houses, gold, even stocks into digital tokens on the blockchain!🔗🌍
#Tokenization#MANTRA $OM #RWA
✨🕉️ MANTRA's CLARITY GUIDE🕉️✨
Dive into the future of tokenization and RWA, a sector set to grow to $16 billion by 2030.
At the heart of this revolution is a leader:
@MANTRA_chain.
My goal is to give you the keys to master the MANTRA ecosystem! 🧵
But first we dive in, I'm counting on you to:
🔁 RT/Like this
👉Follow me @GuessGuruMantra
🟪 What is MANTRA in simple terms? 🟪
@MANTRA_chain is an ecosystem designed to support:
🔸Digital asset compliance
🔸Tokenization of #RWA (Real-world assets)
Focused on the Middle East and Asia, its aim is to simplify the link between :
🔸Traditional finance (TradFi)
🔸Decentralized finance (DeFi)
To fill regulatory gaps, with a focus on :
🔸Compliance with regulations
🔸Enforcement of compliance standards
🔸Safety.
“MANTRA Chain is currently one of the fastest-growing L1s in the RWA category, and is now one of the top RWA projects.”
“The first RWA Layer 1 Blockchain, capable of adherence and enforcement of real world regulatory requirements.”
“MANTRA will become THE RWA Layer 1 blockchain reference, where developers and institutions will get products/solutions to create and deploy their unique RWA-driven dApps”
🟪A little history and background🟪
Launched in 2020, MANTRA is a vertically integrated blockchain ecosystem. The ecosystem is renowned for its open, honest and secure approach to crypto trading.
In 4 years, MANTRA has never been downsized or hacked, and the service is backed up by professional support, 24/7.
The team behind the #MANTRA project and its $OM crypto is fully doxed and is made up of several experts including co-founders:
🔹@jp_mullin888
🔹@jayantramanand
🔹@Will_Corkin
It's a balanced mix of experienced professionals from diverse fields such as digital assets and crypto-currencies, banking and trading.
These are the accounts to follow if you want to make sure you don't miss out on any future developments.
Just follow @MANTRA_chain and you'll find all the useful links in the linktree:
🔹linktr.ee/mantra_chain🔹
🟪What does MANTRA solve?🟪
#MANTRA's mission presents many challenges:
1⃣The limited liquidity and accessibility of traditional assets
2⃣Complex and evolving regulatory frameworks
3⃣Regulatory requirements and market expansion
#MANTRA solves problems by:
🔸Facilitating tokenization on its L1 blockchain to bridge the gap between TradFi and DeFi to make investments more inclusive and efficient.
🔸Integrating Compliance modules to adopt and adhere to ever-changing regulations
🔸Ensuring safety by combining protection, regulation and traffic distribution for a robust, stable and accessible platform.
🔸Ensuring easy scalability and interoperability thanks to its modular architecture, based on Cosmos SDK.
🟪Why choose MANTRA for RWA tokenization?🟪
1⃣Compliance module:
For a secure environment and regulatory compliance with KYC/AML protocols
2⃣MANTRA Token Service (MTS):
For tokenization and simplified asset management
3⃣MANTRA Assets:
Automated management of security tokens
4⃣Guard module:
For enhanced security through integration of verified users and dApps
5⃣Decentralized ID (DID):
For simplified, secure identity verification, facilitating KYC
🟪What makes MANTRA unique?🟪
#MANTRA stands out in the Web3 universe for its innovative approach, focused on regulatory compliance and the tokenization of RWA.
Here's a simplified summary of its key features:
🔹Regulatory compliance🔹
@MANTRA_chain integrates regulatory compliance and offering tools :
🔸Track transactions in real time
🔸Reduce the risk of non-compliance
🔸Improve fraud prevention.
🔹Tokenization of Real Assets🔹
MANTRA aims to transform asset ownership and investment through digitalization. It links TradFi and DeFi, and complies with regulations.
This innovative vision paves the way for new forms of global investment in real estate or other assets thanks to blockchain.
🔹Tokenization architecture🔹
MANTRA's architecture is :
🔸Secure
🔸Evolutionary
🔸Promotes the tokenization of illiquid assets.
This approach positions MANTRA as a leader in the tokenization of traditional assets.
🔹Community and Governance🔹
@MANTRA_chain , the community is more than just an audience; it's part of the governance of MANTRA DAO, which testifies to the importance of user involvement in the evolution of the platform.
🔹Geographic focus🔹
Through strategic partnerships @MANTRA_chain focuses on its development, prioritizing :
🔸Asia
🔸United Arab Emirates
Two regions whose regulations are conducive to the evolution of crypto.
🚀 These elements position MANTRA as a forward-thinking Web3 player in DeFi and tokenization, recognized for its commitment to regulatory compliance, while extending its influence to key markets in a constantly evolving ecosystem.
👀Thanks for reading 👀
I post daily on news and insight about #MANTRA.
👉Follow me @GuessGuruMantra
1/ Shaping the future of #RWA Tokenization across Asia and the MENA region, 𝘄𝗲'𝘃𝗲 𝘀𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹𝗹𝘆 𝗿𝗮𝗶𝘀𝗲𝗱 $𝟭𝟭𝗠 led by @ShorooqPartners, a prominent venture and technology investor in the MENA region
coindesk.com/business/2024/…
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200 Followers 264 Following#Cryptocurrencies booming! With great NFT collections such as Deckronomicon, Paraspatial Network, & Plasthetik Observatory climbing in value, there is no time
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209 Followers 275 Following#NFTsOnFire The nft collectors' marketplace is about to get exciting! Check out my hot #NFTZone collection - exclusive cookery-themed designs that you won't fi