Safle IDO on Polkastarter

Published on: 04.12.2021

Safle announced its much awaited Initial DEX Offering (IDO) for the $SAFLE token on Polkastarter, the premier decentralised platform for launching new tokens and projects.

Safle has created a set of tools for developers and retail end users that provide private, non custodial open governance protocols to manage their self sovereign identity based wallets, and a complete suite for running and managing web services needed to connect to fully synced blockchain nodes. Safle technology stack was built envisioning the challenges in current mainstream mass adoption of cryptocurrencies and of applications built on top of blockchain. The Stack empowers the community to make independent decisions and have power over their digital assets. The current Safle technology stack as well as the envisioned solution offerings for future use cases are built on two main pillars:

Access to Identity in a Decentralised Environment
Access to Finance in a Decentralised Environment

The $SAFLE token will have two main utilities:

🔸Asset Value $SAFLE can either be used as a method of payment or as a staking token that enables users to use various subscription services as long as tokens are staked.

🔸Governance $SAFLE holders can participate in the future of the project by participating in the Governance mechanism through SafleDAO. Holders of the $SAFLE token will have a 1–1 ratio for voting on the proposals. Holders also get the right to propose for carrying the ecosystem forward.

About Polkastarter

Polkastarter is the fully decentralised protocol for launching new ideas. Our curation process and industry access enable us to offer the best new projects in blockchain and digital assets. With Polkastarter, decentralised projects can raise awareness, build a loyal community, and receive long-term support. Users of the platform will be able to participate in a secure and compliant environment and use assets both in and beyond the current ERC20 standard.