Introducing SuiPad Shield: Safeguarding Participants' Principal Capital in Launchpad IDOs
SuiPad warmly welcomes all great projects on other chains to build on Sui with our complete solution and support from our partners, including MystenLabs. We offer tech stack assistance, code reviews, legal and audit support, marketing, and product development to help bring amazing tier 1 projects to life. Additionally, we provide a zero-fee launchpad for these projects. Participating in launchpad initial DEX offerings (IDOs) can yield high rewards, but it also comes with certain risks. To mitigate these risks, we are introducing SuiPad Shield, which safeguards participants' principal capital. Currently, most IDO platforms lack protection to safeguard users' principal capital against volatility when investing in newer crypto projects, making it an extremely high-risk activity. At SuiPad, we have engineered an insurance feature that allows users to protect their principal capital. For example, if a user invests in an IDO round of a launchpad project, they can choose to add 15% ...