BinStarter Partnership with Floki
BinStarter partnership with Floki, they will use FlokiFi Locker to secure Liquidity Pool (LP) tokens of projects launching on its launchpad platform.
BinStarter is a cross-chain launchpad platform that incubates projects on the ETH, BSC, Polygon, and AVAX blockchains. In just their first year of operation, BinStarter’s Value Added Launchpad Service had more than 1000 crypto project meetings and signed agreements with 45 of them. Launches for 37 of these projects have been finalized. As Binstarter announced its partnership with Floki.
Binstarter paves the road for their clients and walk hand to hand for their success. Also, with BinStarter’s new Extended Insurance Protocol, they are willing to create huge trust for the projects and a safe haven for the investors.
BinStarter x FlokiFi Locker
With this partnership, BinStarter will be adopting the FlokiFi Locker as its preferred protocol. For locking LP tokens and vesting team tokens of projects that launch on their premium launchpad.
Locking liquidity and vesting team tokens with the FlokiFi Locker aligns perfectly with establishing trust and safety for investors. This coupled with Binstarter’s Extended Insurance Policies has the potential to create a new standard for the trust and safety of the projects they launch.
About BinStarter
BinStarter is a decentralized mining-style approval mechanism insurance protocol that is designed to examine projects according to certain criteria for 30 days and to protect liquidity providers against possible financial damages or any negativities.
About Floki & FlokiFi Locker
FlokiFi Locker is a secure and innovative crypto locker solution that allows crypto project developers and individuals to quickly and securely lock Liquidity Pool (LP) tokens, NFTs, and fungible tokens. It is the only locker protocol to integrate the ERC-1155 standard.
SOURCE: MEDIUM