Introducing the 300, and the First Launchpool Activity Report
You asked for it. We listened. An Upgraded Experience Coming to Launchpool, and the First Launchpad Report for April.
“For the strength of the Pack is the Wolf, and the strength of the Wolf is the Pack.” ― Rudyard Kipling
Exactly one week ago we launched our #ComingSoon campaign. By now, you must have seen all our stickers, videos, and tweets. We were happy to see the community received our teasers with excitement, and we’re here to tell you, the grand reveal is coming up on Tuesday. Until then, we have a series of announcements to make, here, at Launchpool.
The 300 on ETH
Earlier this week, we asked the community to vote and voice their opinion regarding the high gas fees on Ethereum. Here are the results:
53% wanted to keep the 50 LPOOL staking pool;
34% wanted to merge the 50 LPOOL staking pool with another pool (250);
14% wanted to delete the 50 LPOOL staking pool.
It is clear that the community wants to retain the 50 LPOOL staking pool in some shape or form. This is due to customer feedback and the large decline in participants of the 50 limit pool taking up their allocations due to high gas fees. Until further notice (and a significant drop in gas prices) this will be the default on Ethereum projects. We cannot assume projects will do multiple of their values and therefore it only makes sense to reduce the amount of pools and cost to the community.
In this sense, and following the countless replies we received in the community, we decided to merge the limited staking pools.
What it means for the Launchpool Community:
- There will be only 2 staking pools on Ethereum moving forward until the gas wars are over;
- The 50 LPOOL will merge with the 250 LPOOL pool, resulting in a staking pool capped at 300 LPOOL;
- The newly formed 300 LPOOL staking pool will get 2/3rds of the allocation, with the unlimited staking pool will get the remaining 1/3rd.
- BSC projects will continue with the 50/250/unlimited staking pools setup.
- For projects like CCAI doing an AME and raising on USDC, we will also be offering 2 staking pools, following the same format as the ETH ones.
We are improving our offering and continue to strive in serving our community in the best way possible. We will be releasing more updates on this and changes to the way we provide allocations in the upcoming weeks. Stay tuned!
Launchpool’s First Activity Report: April Spotlight
Part of our mission here at Launchpool is to provide egalitarian investment opportunities for our community at the best possible prices, in a compliant manner, while supporting early stage projects, and incentivising funds and community to work together. This is possible through our pre-IDO launchpad.
We are proud to present the first of its kind Activity Report following our April releases, announcements, and successfully concluded AMEs. Check the complete April Launchpad Report below.
April at a Glance, for Launchpool
Total $LPOOL Holders: 8.5k
Market Cap: $40,835,176
Circulating Supply: 3,710,183
Telegram Community: 13k
Twitter Followers: 18.3k
Initiatives Launched in April for the Community
- Pop-Up Pools (PuPs) Introductions
- Binance Smart Chain Integration
- Friendship Pools
As of April 21st, we retired the following $LPOOL staking pool rewards: PAID, 1INCH, Bondly, Polkastarter, ThorChain, ShareRing, STP Network, Sushiswap, and Uniswap. And launched new single-asset staking pools: BSC BEP-20 $LPOOL pools, LPOOL/BNB LP pool, LPOOL/ETH UNIv2 pool.
Allocation Mining Events — April Spotlight
In April, the Launchpool community had the opportunity to participate in 4 allocation mining events:
Unizen ($ZCX) was the 1st Allocation Mining Event on Launchpool, where $LPOOL token holders saw a return between 87x and 133x after TGE. With a total of $10M in staking interest, in the first 4hrs of the Unizen AME, and a total of 1,331,712 $LPOOL tokens staked.
Mixsome ($SOME) set the bar higher with a $500k allocation for Launchpool, and concluded with a number of 2,485 Launchpool holders, and over 1.4M $LPOOL staked during the AME.
Greenheart ($CBD) was on a mission to empower the small farmers, and this resonated with over 5k holders from the $LPOOL community, with a total of 817141.65 $LPOOL staked during the AME.
Unifarm ($UFARM) saw $14.3M in staking interest in the first 5hrs of their AME, with a total of 1,644 Launchpool holders, and a total of 935,738.08 $LPOOL staked.
What an exciting time to be alive, in this bullrun!
Thank you for your continuous support at Launchpool!
Together, we are stronger!
Launchpool ($LPOOL) leverages communities, knowledge, expertise, contacts and capital to provide crypto projects with the best possible start to life, maximising their chances for success in this fast moving & dynamic space.