L2PAD is an Ethereum layer-2 launchpad built on Optimism and Arbitrum, acting as a “Quadratic VC DAO” and “Public and Private Goods Launchpad” where communities are in control of both selecting and funding prospective early-stage blockchain projects. Our platform leverages Optimism and Arbitrum's high scalability and low fees to make IDO processes far more accessible to a broader range of users and investors.
When staked, L2PAD tokens allow one to participate in governance and project quality evaluation routines to ensure the community is aligned on who gets to conduct an IDO on the platform. Staking L2PAD tokens also enable one to be eligible for a tier in the launchpad member hierarchy - tiers determine the size of one’s allocation in any given IDO and the likelihood of participation.
