TosLabs Development Update

Tosdis Finance announced an update about the recent developments of platform, which were implemented in order to give the community the possibility to participate in many exciting projects at an earlier stage.

They would like to highlight the fact that fundraising in the crypto scene has really become an eyecatcher; especially over the past few months, and is typically offered as a multi-step operation. Often projects will try to attract the right investors through a package of different presale options. A common denominator for all of these rounds are the specific vesting schedules tied to each one of them, which are implemented in order to combat supply shocks.

In order to facilitate these vesting schedules they’ve amended code, allowing DIS holders to participate at an earlier stage through different funding rounds. This amendment all comes down to the tweaking of the following points:

• Inserting a vesting schedule which can be changed in accordance with a project’s fundraising terms, and which could be tailored to each specific round.
• Inserting a token release schedule which distributes/unlocks the token at specific points of time in accordance with the project’s fundraising terms, and which, again, could be tailored to each specific round.

What is Tosdis Finance?

The One Stop Defi Interoperable Solution (TosDis) powered with Liquid Staking.

TosDis aims to provide Staking and savings solutions to allow users to create pools and stake any ERC-20 and BSC tokens and is working on expanding to other blockchains as well such as Polkadot, Opera, etc., providing cross-chain tokens staking on our decentralized platform. TosDis will make it possible for any PoW and PoS project to create a staking pool of tokens for their communities to provide staking as a service in a decentralized way. These solutions come under our protocol Easystake. Easystake will be a decentralized protocol for issuing Staking and savings solutions as services that are based on smart contracts.

What is TosLabs?

TosLabs will serve as an incubator for new and upcoming innovative projects by assisting them with  connections and expertise- we are more than just a platform to raise capital.

📰 INFO:

https://tosdis-fi.medium.com/toslabs-our-multi-chain-ido-platform-development-update-5a66bd9b5a69