GrailPad empowers Launchpad projects to increase liquidity through cases and decentralization, bidding and token dispatch via accumulative packages.
Description of the GrailPad platform
GrailPad — a DEX, built for cross-chain token pools and auctions, allowing projects to raise capital in a decentralized and interoperable environment, based on their own ecosystem. With GrailPad, decentralized projects will be able to attract and exchange capital quickly and cheaply.
The main challenge - to deploy a multi-chained and fully centralized platform. The developers wanted to make sure that this platform is a scalable shared token bridge with the possibility of different rates to participate in the fundraising.
GrailPad fixes flaws in 4 ways:
| 1. | New generation accelerator. |
| 2. | LaunchPad with multiple chains. |
| 3. | Multi-chain AMM DEX. |
| 4. | Multiple chain bridge. |
GRAIL tokens can be locked for a selectable lock time with a minimum lock time of 7 days. By blocking GRAIL tokens in the placement contract, the user will receive the xGRAIL balance. XGRAIL tokens are non-transferable. The height of the xGRAIL balance depends on the number of locked GRAIL tokens and the remaining time until the tokens are unlocked. The xGRAIL balance decreases linearly from the moment it is locked. Blocked GRAIL tokens cannot be removed until the blocking time has expired. However, you can extend the blocking time or increase the number of delivered GRAIL tokens. The xGRAIL token entitles the user to the distribution of commissions, the right to vote and exclusive or early access to the pool.
More about defi app
The main function of the platform - GRAIL Pools. In GRAIL Pools, developers will provide an easy-to-use user interface, where users can configure their pool with just a few clicks. The team will still manage the interface and be able to filter and enable specific pools, but anyone can create a pool in the GRAIL ecosystem and create their own user interface to interact with it. The site has a WhitePaper document. With its help, everyone can study the features of the site. Also, a short description is on the main page. The RoadMap marks future updates until 2022.
From social networks, the community leads:
Subscribe to stay up to date with all updates. The smart contract doesn't have an audit.