The ArthSwap team has announced the latest update on the ArthSwap IDO Launchpad and has informed users that $ARSW will be the platform's initial listing token. For those who are unfamiliar, 'IDO' stands for 'Initial DEX Offering' and is commonly regarded as a fantastic chance for listed projects to generate funding by issuing their respective project token.
An IDO also allows people to potentially make a fortune by investing in initiatives that they have been watching for a long time. As a result, individuals who have been following ArthSwap for a while and are eager to be a part of ArthSwap's IDO certainly have a lot to look forward to.
IDO Launchpad details
ArthSwap IDO Launchpad requires projects to access the platform with a fixed-priced project token. In a nutshell, this implies that when the project participates in this IDO event, the price of $ARSW, the project token for ArthSwap, will remain constant at $0.5 until sold out.
Furthermore, with the expansion of ARSW utilities, the profit for participants who acquire $ARSW will in all likelihood only increase. With that in mind, the first token featured on IDO Launchpad is $ARSW, the ArthSwap native token. In this IDO event, there is some vital information that users must be made aware of. Firstly, April 16th at 11:00 A.M UTC is the official start date and the token value will be $0.5. The IDO supply total is 1,000,000. Moreover, tokens required for $ARSW token purchase include $USDC, $USDT, and $ASTR. Users can also receive a discount if they deposit $ASTR. In the near future, the team will additionally publish the IDO guidelines.
ArthSwap is a one-stop Defi protocol that aspires to be the main DEX on the Astar Network. Its primary tasks will be trading, staking, and liquidity mining, with other capabilities to be added before long.
The primary focus will be on expansion within the Astar Network ecosystem, and the team is hence eager to optimize all features for Astar, referring to it as a "Astar-native" dApp (decentralized application). Essentially, ArthSwap is to Astar what Trader Joe is to Avalanche, Quickswap to Polygon, and Uniswap to Ethereum. Be sure to check out the official website as well as the Twitter, Discord, Telegram and Medium channels for more information along with regular updates about the IDO.
About Astar Network
Astar Network is the #1 TVL Smart Contract Hub for WASM + EVM on Polkadot. Since winning its Parachain auction in January 2022, Astar Network has become the top Parachain in the Polkadot ecosystem in Total Value Locked and most Ethereum assets transferred over. Astar Network is the leading smart contract hub that connects the Polkadot ecosystem to Ethereum, Cosmos, and all major layer 1 blockchains. Astar Network supports dApps using multiple virtual machines — namely WASM and EVM — and offers the best technology solutions and financial incentives via its Build2Earn and Astar Incubation Program for Web3 developers to build on top of a secure, scalable, and interoperable blockchain.