CeloLaunch – the First DeFi Launchpad on Celo Network
Singapore, Singapore–(Newsfile Corp. – November 10, 2021) – CeloLaunch, launched in September 2021, provides a constantly expanding set of decentralized services by offering revolutionary, flexible technology to add value to the DeFi industry as a whole,in CELO Network specifically.
Startups may boost their initiative and reward communities by utilizing CeloLaunch’s services. CeloLaunch’s major goal is to tackle the Celo Ecosystem’s illiquidity problem and give a single unified UX/UI on their platform.
Figure 1: CeloLaunch – The first DeFi Launchpad on Celo Network
CeloLaunch Ecosystem
- Automated Market Maker
Automated Market Maker (AMM) is one of the most important parts of the DeFi ecosystem allowing digital assets to be traded in an automatic way without permission by using liquidity pools rather than a traditional market of buyers and sellers. Users can trade CELOLAUNCH or any other tokens running in Celo Network on CLaunchSwap via their own router.
- Launchpad
The system lets users start their own product on Celo Network as a token developer. They are also seeking a variety of third-party reviewers who can evaluate various parts of the product.
Utilizing their technology as an incubator to launch your own incubated ideas on CELOLAUNCH.
Investors are welcome to look over the most recent initiatives, carefully read reports from outside sources and conduct their own due diligence before engaging in any type of participation.
- Liquidity Lockers
In the DeFi area, “locking liquidity” has become the norm and “rug pull” is the most feared term that no investors would like to encounter. CELOLAUNCH pioneered this notion in which they provide automatic liquidity lockers for project developers to employ as a security feature to lock their liquidity provider tokens.
- Vesting
Vesting Feature is available to project owners and early adopters as a stand-alone service that connects with their in-house platform, where wallets holding tokens are shown in a different UI allowing investors to review it more quickly.
- Farming
Any cryptocurrency or token must establish market depth and stimulate liquidity. Farming feature provides project developers a method to reward their community by setting up a farming vault that pays liquidity providers with their own tokens. Following that, investors can use CELOLAUNCH to search for startups that interest them and give liquidity on those pairs.
- Staking
CELOLAUNCH provides a service for sustainable projects that are always seeking ways to reward their communities, such as generating staking contracts that encourage investors to take advantage of the benefits provided by their favorite startups.
CELOLAUNCH Token
Name: CeloLaunch
Ticker: cLA
Chain: Celo Network
Contract Address: 0xC1CBe5aB272056166f0f1D26f091958a8Cc92F69
CoinMarketCap: https://coinmarketcap.com/currencies/celolaunch
It is important to keep in mind that CELOLAUNCH tokenomics are built with the idea of creating long-term value. Great things take time to develop properly, and long-term commitment from the team is required for success. This can be seen in the following tokenomics:
Holders of CELOLAUNCH tokens who stake their tokens on the platform are eligible to participate in all CELOLAUNCH presales that have been approved.
Website: https://celolaunch.io/
Twitter: https://twitter.com/celolaunch
Media Contact:
Company – CeloLaunch
Website: https://celolaunch.io/
Email – contact@celolaunch.io
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102906