YDragon announced upcoming dual IDO with BSCPad and Trustswap

Published on: 11.08.2021

The YDragon team are delighted to announce the upcoming dual IDO with BSCPad and Trustswap on August 13th 2021.

YDragon native $YDR token will be available for the first time on two blockchains, launching simultaneously on Ethereum through the Trustswap launchpad, and Binance Smart Chain through BSCPad. The dual IDO across these two market-leading launchpads, with their selections of cutting-edge features, will pave the way for the revolutionary YDragon Index Ecosystem to become the DeFi landscape changer it is destined to be.

Trustswap Details

The TrustSwap Launchpad will enable the launch of Ethereum-based ERC-20 tokens. TrustSwap technology utilises simple and secure peer-to-peer transactions via TrustSwap SmartLaunch™ which will ensure YDragon and its community can transact securely, without concern negative market impact from participants or team members negatively impacting the markets following the public offering. TrustSwap’s Time-based SmartLock™ ensures a methodical distribution to mitigate the risk of unauthorised token transfers.

YDragon will use TrustSwap SmartLocks for:

  • Team token vesting

Check out the Trustswap article on the IDO here

BSCPad Details

BSCPad will enable the launch of their Binance Smart Chain tokens.

BSCPad is the first decentralised IDO platform for the Binance Smart Chain network. BSCPad assists DeFi projects with token distribution and liquidity growth. BSCPad has an innovative method to incentivise and reward all token holders in an inclusive way while maintaining low entry barriers

The hallmark of the BSCPad is a two-round system that guarantees allocation at every tier-level. Nothing is left to chance, and there are no bots; only fairly distributed rewards for all participants. BSCPad is creating fair decentralised launches.

BSCPad whitelisting is available here.

Website | Twitter | Telegram | Reddit

Tokenomics

There will be further tokenomics details published regarding individual launchpad allocations, but the YDragon centred info you need is as follows:

What You Need to Know

As the IDO launch date edges closer, further details and requirements will be released through our website, medium and across all YDragon social channels. The links below will help you keep track so you can make sure you don’t miss out.

📰 INFO

https://medium.com/ydragon-io/ydragon-dual-ido-the-diversification-revolution-is-here-7184263be8b8

Market Stats:
BTC Dominance: 57.52%(+0.59%/24h)
ETH Dominance: 12.31%(-0.29%/24h)
Defi Market Cap: $115.27B(+17.12%/24h)
Total Market Cap: $3379.31B(-3.90%/24h)
Total Trading Volume 24h: $284.24B(+16.41%/24h)
ETH Market Cap: $416.53B
Defi to ETH Ratio: 27.67%
Defi Dominance: 3.26%
Altcoin Market Cap: $1435.69B
Altcoin Volume 24h: $185.53B
Total Cryptocurrencies: 32914
Active Cryptocurrencies: 10431
Active Market Pairs: 94851
Active Exchanges: 771
Total Exchanges: 9752
BTC: 98090.48$(0.55%/1H)
ETH: 3449.61$(0.78%/1H)
AVAX: 39.61$(0.65%/1H)
BNB: 675.16$(0.54%/1H)
MATIC: 0.48$(0.43%/1H)
FTM: 1.02$(0.3%/1H)
ADA: 0.9$(0.73%/1H)
DOT: 7.11$(0.31%/1H)
UNI: 13.37$(0.43%/1H)
CAKE: 2.55$(0.73%/1H)
SUSHI: 1.54$(-0.47%/1H)
ONE: 0.03$(0.53%/1H)