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% of their invested funds to buy insurance. The insurance fee is sent to the SuiPad Shield Pool, which covers any potential loss of the user's principal capital for the next 7 days. On the 7th day since the IDO launch, if the average peak price is lower than the IDO price, the SuiPad Shield Pool covers the difference for the user, ensuring their principal capital is well-protected. On the other hand, if the project performs well, the user's return will be infinity% minus 15% paid in insurance costs.

When selecting projects to launch on our platform, we believe in great teams, great products, and amazing communities. While there are many criteria to consider when selecting a project, we prioritize innovative minds, teams, and products that check all the boxes below:

• Backers (VC, partners, advisors)
• Finance (burn-rate, fundraised, projected revenue)
• Product (pain-point, product-market-fit, innovation, DAU, MAU)
• Economics (revenue model)
• Tokenomics (structure, vesting schedule, initial circ supply, inflation rate)
• Marketing (go-to-market strategy, growth strategy)
• Community (statistics, engagement, regions)
• Listing plan (DEX, CEX)
• Liquidity (total liquidity vs selling pressure)
• Market maker
• Legal (KYC, AML)

Regarding token distribution, both our seed and private sale rounds are distributed among many different participants to create the most fair token distribution on launch day with no single entity holding large quantities of the supply.

https://zealy.io/c/suipadxyz/invite/1i7_Wg13rHmh1h3Otou_c