BSCPad is an IDO platform built specifically for the Binance Smart Chain network. It has the aim of empowering early-stage blockchain-based projects to successfully raise liquidity and distribute tokens. It aims to capitalize on the growing number of projects being launched on the Binance Smart Chain. Developed by the same team behind DeFi Prophets, BSCPad launchpad proclaims to offer a solution to the high barriers of entry that other platforms require for IDO participation. In this manner, BSCPad incentivizes and rewards stakers whilst retaining low requirements for participation. 

The BSCPAD token is required for users taking part in IDO on the platforms and is also distributed to community members as rewards.

What are BSCPad’s key features and how does it work?

BSCPad has a range of features that make it notable amongst competing IDO launchpad platforms. It aims to create launches that are fair and decentralized, without being manipulated by bots. To achieve this BSCPad deploys a two-round tiered system. Users can take part by holding BSCPAD, the platform’s native token. There are two rounds during the IDO: Allocation Round, and FCFS Round. 

In the first round of an IDO, users are entitled to purchase the amount given to them based on their tier. Tiers are determined by how much BSCPAD is staked. Those with at least 10,000 BSCPAD tokens are guaranteed an allocation. Those staking lower amounts will be entered into a lottery system, with the number of lottery tickets determined by their tier. A pool weight system is used to determine individual allocations based on tiers.

In the second round of an IDO, all unsold tokens are made available on an FCFS basis, to those who are eligible based on their particular tier.

Where can you buy BSCPAD?

BSCPAD is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are MEXC Global, Pancake Swap, and Gate.io. The price of BSCPAD will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for BSCPAD market price, please view the price charts on this page.