Introducing “The Elite” Multioad Lottery System

Published on: 14.06.2021

MultiPad is a community governed decentralized multi-chain powered launchpad, enabling upcoming promising projects to raise fund. The platform introduce The Elite, lottery system.

HOW IT WORKS?
For a chance to whitelist in MultiPad’s IDOs, you need to stake a minimum of 10,000 $MPAD tokens on the platform, for at least 24 hours before the IDO start. You will earn 1 lottery ticket for every 10,000 $MPAD staked. These tickets will be your vehicle to win a guaranteed allocation for the token sale. Unstaking takes 5 days and the wallet address will not be considered for the lottery during this 5 day period.

Wallets staking more than 200,000 $MPAD will earn a seat in The ELITE tier, guaranteeing you an allocation in all upcoming IDOs, as long as you continue to stake the required number of tokens. And what’s more, social media tasks are not needed in this tier.

Liquidity Providers
Another way to earn a guaranteed allocation is by providing liquidity. To incentivize the community for this support, the top 20 ‘average liquidity providers’ will be rewarded with guaranteed allocations for IDOs. Long-term participation will see the benefits of the LP requirement, as the important number here is the ‘average’ liquidity, which will be calculated over a set period of days.

ABOUT MultiPad
MultiPad is a community-governed decentralized multi-chain powered launchpad, enabling upcoming promising projects to raise funds.

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