In a world of budding launchpads, Harmony Pad is built on a platform that can solve the problem of inefficient scaling and interoperability, offering dApps developers a perfectly optimized environment for DeFi transactions in terms of speed and functionality, with low latency and low fees. It is the perfect vessel combining the advantages of IDOs and exchange-driven launchpads while eliminating the downsides and helping investors discover quality early-stage crypto projects
Harmony Pad is the first decentralized and exclusive deflationary launchpad built on the Harmony platform to help launch credible and successful dApps, which will ultimately have a positive effect on the world while endorsing mass adoption of crypto. Harmony Pad utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency HPAD, to facilitate programmable payments and open financial infrastructure development.
When users stake $HPAD tokens, they get high-priority access to all the upcoming projects on HarmonyPad. HarmonyPad has a cross-chain feature as it will launch the $HPAD token on BSC and ONE Mainnet and support multi-chain IDOs.
What Harmony has to offer
There are multiple reasons why HarmonyPad was built on the Harmony (ONE) network.
Harmony is as valuable as its technology, utility, and technical capacity because it has established itself as a unique consensus platform that focuses on the creation and use of dApps using processing speed and validation to facilitate that.
These factors define the intrinsic value of Harmony as a project, with its special feature of using sharding to solve congestion problems and increase the overall capacity to scale, which makes it one of the few projects that can process transactions in seconds.
Harmony recently launched a $1 Million Hackathon which aims to bridge traditional finance (TradFi) and decentralized finance (DeFi) by allowing Web2 and Web3 developers to work together and build exciting tools and protocols for the present and future.
In addition, Harmony’s Mainnet has an average of 2,000 transactions per second (TPS) but it has the potential to reach a maximum of 24,000 TPS. This is much higher than what’s obtainable with other networks like Ethereum, Binance Smart Chain (BSC), ThorChain, Fantom, etc.
Smart Contract Developers and creators of projects have the power of determining the future of blockchains. Despite the fact that the current crypto scene has a high demand for blockchain projects, many promising crypto projects still fail to raise enough capital or funding due to poor marketing and fear of scams by investors. In some cases, this fear is valid and the market has seen a substantial number of rug-pulls. HarmonyPad is aiming to use the Harmony platform to change this constant state of doubt from investors and develop blockchain projects in an ethical and value-themed direction. One could say the mothership Harmony is harboring and bringing promising blockchain projects to the moon.
Harmony Pad is designed to help projects and investors alike. The HarmonyPad launchpad is built with advanced technology to ensure protection against sniping bots and guarantee that everyone on the launchpad is real humans.
HarmonyPad is also the first launchpad to share 50% of its platform fees (10% of raise) proportionally to all the IDO participants on its platform. After every successful project raise, all IDO participants of that project will receive airdrops of $HPAD tokens and this will be distributed proportionately to their contribution.
To maintain the deflationary nature of the $HPAD token, there will be a sale tax of 2.5% for a burn on the supply on BSC and a sale tax of 7.5% for distribution among LP stakes, which equals a 10% fee on all sale transactions. The burning will continue until there are only 100 million tokens left.
Harmony Pad presents the tiers system for users to easily keep track and decide on how involved they would like to be with the IDOs.
$HPAD is the native token of Harmony Pad. The total supply is 1,000,000,000 $HPAD, with 165,220,000 $HPAD used for launch at the IDO price of $0.000695.
Smart contract address: 0x9A19a22B399EEB82e9098C425Eb95340f8794EFe
Users can stake $HPAD tokens to get high priority access to all the upcoming projects.
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Harmony Pad plans to become one of the main contributors to the decentralized finance space with innovative future updates waiting to happen. And the more Harmony Pad is adopted for dApp developments, the more valuable its native token becomes.
Writers’ opinions are solely their own and do not constitute any financial advice, investment advice or trading advice.
BSC Army strongly recommends that you do your own research and seek professional advice from a financial advisor where appropriate.