The BrightyPad is planning to build the most advanced IDO launchpad with the fairest distribution and built-in price discovery mechanisms to search for the best matching yields and the best returns for the IDO buyers and the IDO project managers.

The BrightyPad Launchpad will be a 100% truly decentralized, multi-chain, and fully interoperable environment based on a multi-blockchain architecture with the most powerful and fairest market distribution algorithms. It will be the first-ever IDO launchpad platform to have some of the most powerful combinations of decentralized fundraising, optimized price discovery, and fair final settlement in preparation for distribution.

Propel’s goal enables a solution ecosystem to provide a deeply customized Blockchain Infrastructure that is coding-free, fairly priced, fully automated, and with maximum security.

Furthermore, DeFi-as-a-Service will allow partners to access and deploy DeFi protocols using Propel’s”user-friendly interface,” even if they have no prior knowledge of decentralized finance development.

Moreover, $PEL is the native ERC-20 governance token of Propel. Staking, reward sharing through providing liquidity to or safeguarding the protocol, as well as governance procedures, will all use $PEL as the fundamental utility token across a portfolio of Propel products.

The token utility and tokenomics of $PEL is created with the blockchain’s community-first approach in mind. In addition, ownership of $PEL, which may utilize to engage in platform governance,  earn by actual participation in protocol operations and maintenance. Additionally, this technique enables ecosystem alignment by allowing for community-driven governance, creating a fair incentivization model.  It also allows for community-driven governance.

$PEL Token Utility

PEL is the native token of the Propel platform. It contains features such as governance, incentives, and Proof of Stake (PoS):

• Staking: users will stake $PEL to earn rewards and participate in Launchpools;
• Governance: users will signal their intention to make platform decisions via $PEL native token governance;
• Deflation via Platform Growth: As Propel itself grows, $PEL retain. Acquires for B2B deals.

ABOUT Propel
Propel is a global blockchain infrastructure solution platform that offers end-to-end, plug-and-play infrastructure solutions to DeFi, NFT, and Metaverse projects. Furthermore, Propel’s solutions are available for multiple blockchain ecosystems and include multichain capabilities.

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ABOUT BrightyPad
BrightyPad is a brand-new cross-chain ecosystem that introduces an all-in-one solution to launch and manage all your decentralized assets. BrightyPad will be supporting all the existing major blockchains while seamlessly functioning parallel to our custom software.

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RESOURCES
Medium

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