Launchpool Introduces A New Litter of PuPs for BTC Proxy & Roseon Finance
We’re back once again with our cute puppy behaviour! Stake $LPOOL to receive early private sale offerings as rewards.
As part of our journey to Launchpad greatness we’re defining our processes and strategies. Last month we introduced our concept of Pop-up-Pools (PuPs) and you loved the TotemFi and Rai Finance PuPs! We heard you… so we’re going to build it in to our long-term strategy!
For our favourite projects, going forward we’re going to run PuP’s first. PuP’s are our way of introducing a project to the community and rewarding our community for being awesome. And they’re 100% free to $LPOOL stakers.
To kick it off, we’re going to do two PuPs for a couple of outstanding projects STARTING TOMORROW! One PuP will be on Ethereum and one PuP will be on Binance Smart Chain. Not only that, but you can expect a lot more PuPs in the very near future.
These first two PuPs will offer $20,000 worth of pre-IDO tokens each. That’s right! They’ll be priced at the private sale price, and they’ll both be for free! Both PuPs will start around 12pm UTC on April 30th and finish around 2pm on Sunday May 2nd.
Ethereum PuP: BTC Proxy Pop-up-Pool
BTC Proxy is a multi-institutional protocol for the decentralized tokenization of Bitcoin on ERC20 utilizing our Proxy Protocol called the Proxy Relay. It gives Bitcoin holders a decentralized bridge to stake their Bitcoin into custody and transfer that value into an ERC20 token, and later a BEP20 token, without the need for centralized exchanges and systems that exponentially increase the counterparty risk of theft or loss. Wrapped bitcoin holders can then stake their proxy bitcoin to earn PRXY governance token rewards, which can in turn be used to enhance their staking power and potentially, if governance eventually determines, participate in platform fees.
- Name: BTCProxy Holding Token
- Chain: ETH
- Symbol: BPHT
- Decimals: 18
- Rewards: 12500
- Pricing of Native Token: USD$1.60
- Limit: NO LIMIT
- Start block: 12341750 (Fri Apr 30 2021 12:05:33 UTC)
- End block: 12354750 (Sun May 02 2021 11:36:53 UTC)
- Contract Address: TBC
It is clear there are some potentially heavy gas costs associated with these PuPs on Ethereum so please take that into account when deciding if PuPs fit into your own personal DeFi strategy.
BSC PuP: Roseon Finance Pop-up-Pool
Roseon Finance is a mobile yield aggregator that manages your crypto + NFT portfolio and optimizes yield across DeFi and CeFi networks. As such, Roseon Finance is a hybrid solution that bridges decentralized (DeFi) and centralized financial services (CeFi). Roseon Finance simplifies and brings DeFi opportunities and other features like Swap and NFT portals access to anyone with a mobile phone and a browser, allowing users to manage their crypto and digital tokens from wherever they go with an easy-to-use mobile application and web interface. As the industry continues on its high growth trajectory, developing new and faster protocols, Roseon Finance has chosen to take a different approach, to prioritize the user experience and enterprise adoption.
- Name: Roseon Holding Token
- Chain: BSC
- Symbol: RSHT
- Decimals: 18
- Rewards: 166666.67
- Pricing of Native Token: USD$0.12
- Limit: NO LIMIT
- Start block: 7015000 (Fri Apr 30 2021 11:46:20 UTC)
- End block: 7075000 (Sun May 02 2021 13:46:38 UTC)
- Contract Address: 0xfB7c3240e8EfDB55438E85381452db27B328D645
How will these new PuPs work?
- Stake $LPOOL into a pool to receive a holding token. (gas cost)
- At the end of the PuP claim your holding token. (gas cost)
- When the real project token launches we will create a pool for the holding token holders to stake into to receive the real token. (gas cost)
- During the distribution (which will be equal in length to the private round the allocation came from) tokens will be able to be claimed, how often and when they are claimed is up to you. (gas cost)
PLEASE NOTE: Removing these holding tokens from the wallet that you use to mine the holding token rewards will result in the holding tokens becoming invalid. We will not honour the token swap for the real token. You have been warned!
About BTC Proxy
BTC Proxy is an institutional-grade layer-2 protocol for bringing Bitcoin to DeFi with no centralized exchange risk and no price slippage. BTCpx is an ERC20, and later a BEP20, wrapped bitcoin token that offers insured custody and ensures a 1:1 Bitcoin backing ratio that cannot be affected by volume or liquidity. PRXY is the ERC20 governance token that governs the protocol.
About Roseon Finance
Roseon Finance is a mobile yield aggregator that manages your crypto + NFT portfolio and optimizes yield across DeFi and CeFi networks.
Launchpool ($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.