Is there any need of CoreStarter Launchpad?
Governance, Crowdfunding, Defi-based Investment, and Staking are the main use-cases of CoreStarter. The innovation behind CoreStarter includes the interoperability of Polkadot, Ethereum, Binance, Solana, Cardano, and other blockchains. CoreStarter provides a decentralized finance protocol for various startups to do fundraising through the $CSTR launchpad with inbuilt staking rewards powered by CoreStarter DAO!
2017 was the era of ICO’s and 2021 is the era of IDO launchpads. There are a lot of IDO launchpads like Polkastarter, Paid Ignition, Poolz finance, Duckstarter, Kickpad, etc. Every launchpad has its pros and cons.
“In general small investors are unable to secure allocation in the IDO launchpads.”
Corestarter provides a better opportunity for small investors. According to the Corestarter algorithm, small investors can start with any amount and stake their tokens. The longer they stake $CSTR tokens the more chance to win the lottery ticket(s) for the IDO. Minimum 7 days is required to get into any IDO sale.
“There will be a special staking pool for only small investors up to $2000 equivalent of CSTR tokens with 50% — 500% APY”
See this example:
Case 1: Suppose Alice invested $500 and got 1000 $CSTR tokens and she staked $CSTR for 30 days. By staking she got 50%-500% APY rewards. Apart from that, her lottery ticket will be measured as follows.
1000*(30–7) = 23000 = 2 tickets
Case 2: Suppose Jane invested $5000 and got 10000 $CSTR tokens and she staked $CSTR for 7 days. Her lottery ticket will be measured as follows.
10000*1 = 10000 = 1ticket
Clearly, Alice has twice the chance as compared to Jane. Apart from that Alice will also get extra tokens after 30 days.
Now, what about Jane, will she always lose?
Obviously not. Jane can also stake $CSTR tokens for 30 days. By staking she got 20%-200% APY rewards. Her lottery ticket will be measured as follows.
10000*(30–7) = 230000 = 23 tickets
Apart from the lottery there will be guaranteed allocation for the top 100 $CSTR token stakers.
We try to support small investors by giving them a fair chance and greater APY as compare to others.
We hope it will satisfy everyone.
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Thanks for the reading. Have a great day
CoreStarter is the most resourceful cross-chain fundraising decentralized launchpad with high-yield staking on Solana, Matic, Polkadot, Ethereum, Binance, Cardano, creating a fair and safe playground for startup investors.
With the decentralized launchpad, projects undergo rigorous selection criteria by CoreStarter’s team of experts to manually check the authenticity of projects thereby providing investors with confidence in the projects.
Corestarter is the first platform providing true ingenuity and interoperability of Solana and the liquidity of Ethereum and other blockchains like Binance, Matic, Polkadot and Cardano.
CoreStarter is trusted by thousands early-stage investors to extensively help in basic checking like code quality, tokenomics, company KYC and market value to determine the highest quality of projects.
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