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BSCPad is a decentralized initial DEX offering (IDO) platform for the Binance Smart Chain Network slated to offer cryptocurrency projects with the ability to distribute tokens and raise liquidity. BSCPad is creating decentralized launches, allowing users to choose between a lottery tier or a guaranteed allocation tier.
Users who win the lottery receive an allocation in the initial round. The hallmark of the BSCPad is a two-round system alternative to first come, first serve and bots. BSCPad will showcase a fixed-tier system according to the number of tokens staked.
Lottery Tiers will share 20 percent of the raise, and the remaining 80 percent is assigned to allocation tiers based on the pool weights assigned. In the initial round, referred to as the “Allocation Round,” users can buy the amount allotted to them based on their tier. In the second round, the unsold tokens from the initial round are made available on a FCFS basis, only to tiers Platinum and above.