SuiPad Launchpad and Shield: Safeguarding Your Capital for High-Reward IDOs
SuiPad welcomes all great projects from other chains to build on their platform, offering a complete solution with their partners, including MystenLabs, providing tech stacks, code reviews, legal, audit, marketing, and product development support. Additionally, they offer a zero-fee launchpad for tier 1 projects. Participating in launchpad IDOs can yield high rewards but also involves risks. To address this, SuiPad introduces the SuiPad Shield to protect participants' principal capital, providing peace of mind. The SuiPad Shield works by allowing users to add 15% of their invested funds to purchase insurance. This insurance fee is sent to the SuiPad Shield Pool, which covers any potential loss of the user's principal capital for the next 7 days. On the 7th day since the IDO launch, if the average peak price is lower than the IDO price, the SuiPad Shield Pool will cover the difference for the user. If the project does well, the user's return will be infinity% - 15% paid in i...