ETHPad (ETHPAD) is a cross-chain platform inspired by Ethereum Improvement Proposal 1559 (EIP-1559), aimed at enhancing the deflation mechanism. Specifically, ETHPad incorporates deflationary triggers with an emphasis on staking, token sales, and Initial DEX Offering (IDO) participation. The platform is capable of cross-chain launches and maintains full control over the process, offering protection against bots that track liquidity. This procedure is executed through a reliable staking system and a cross-chain bridge. Who Are the Founders of ETHPad? BlueZilla is the team responsible for developing the ETHPad platform. They have also contributed to the creation and successful launch of the BSCPad and TRONPAD projects. As of August 2021, the name of the CEO and founder of the ETHPAD token has not been disclosed. What Makes ETHPad (ETHPAD) Unique? ETHPad is a deflationary and decentralized IDO platform based on EIP-1559 and supported by the Ethereum blockchain, with a core objective of introducing deflationary elements into the ETH tokenomics. The development team has embedded a deflationary mechanism within the ETHPad platform (deflationary mechanisms are integrated into the structure of ETHPad tokens). Key deflationary mechanisms include: * A 10% commission on the sale of tokens (2.5% is burned, and 7.5% is allocated as a reward to participants). * An early unstaking option with a burning fee of 25%, while unstaking after 21 days incurs no fee. The deflationary mechanisms are subject to updates and expansions. Additionally, the ETHPad project boasts a low initial market capitalization of $55,500 USD. Related Pages: Learn about BSCPAD (BSCPAD) and TRONPAD (TRONPAD). Discover information on PancakeSwap (CAKE) and Uniswap (UNI). Understand Initial DEX Offerings (IDOs) and their significance. Explore the differences between Ethereum and Ethereum Classic. Learn more about cross-chain technology. How Many ETHPad (ETHPAD) Coins Are There in Circulation? ETHPad employs the native token ETHPAD, available for staking and trading under the ticker symbol ETHPAD. The maximum supply issued is 1,000,000,000 ETHPAD, distributed as follows: 11% to team members, 6% to advisors, 10% to the liquidity pool, 9% to the ETHPad ecosystem, 3% to the reserve, 9% to staking and rewards, 22% to private sale, 20% to airdrop, 5% to public BSCPad, and 5% to public TronPad. For ETHPad IDO, the tokens are divided into groups: 5% for public whitelist lotteries, 10% for lottery Tier (Bronze - 5,000 staked - 1 lottery ticket), 85% for guaranteed allocation Tiers (Silver - 120,000 staked; Gold - 200,000 staked). An Initial Coin Offering (ICO) occurred on July 15, 2021, with a presale on BSCPAD. Verified updates about upcoming or completed IDOs are shared on ETHPad’s social media channels. How Is the ETHPad Network Secured? Existing Ethereum-based launchpads are vulnerable to sniper bots and manipulative practices. Therefore, the ETHPad team has concentrated on preventing these tactics during launches. By controlling variables, the process is seamless, and price discovery unfolds naturally. Participation in the IDO requires completion of the Know Your Customer (KYC) procedure. This identity verification is mandatory for all platform users to gather basic information about IDO participants and ensure the security of the ETHPad platform. Where Can You Buy ETHPad (ETHPAD)? As of August 2021, Uniswap (V2) and PancakeSwap (V2) are viable platforms for buying or selling ETHPAD tokens. Steps to purchase ETHPAD: * Download and log in with a digital wallet (Trust Wallet, MetaMask, Binance Chain Wallet), link your trusted wallet to an exchange (PancakeSwap, Uniswap). * Add funds to your wallet and transfer them to PancakeSwap or Uniswap. * Locate the ETHPAD token and specify the number of tokens you wish to buy. * Adjust the amount (ETHPAD) and execute the swap. * Once ETHPAD tokens are received, transfer them to your crypto wallet.