ZkPad — Introduction
ZKPad is the first launchpad on StarkNet.ZKPad platform offers a safe and decentralized way for users to invest in pre-selected crypto startups.ZKPad mission is to foster innovation in the StarkNet ecosystem by providing a platform where users will be able to invest in projects curated by our internal expert team.
some of the features of ZkPad
1. On-chain lottery system
First and foremost, the lottery tickets will be tokenized as ERC1155 tokens thus tradable as NFTs on marketplaces such as Oasis. With this system, users will be able to sell their lottery tickets, if they are not interested in an upcoming IDO, to other users.
Chainlink’s random number generator combined with Starknet’s scalability can enable fully on- chain raffles.
2. Tier system
Part of the IDO ZkPad will be based on tiers — this is the fairest way to reward our early, willing users for locking their tokens.
Below is how the system will work(the xZKP is detailed later, but this is the image of the ZKP tokens locked in the vault).
Tokenomics
17,5% of the tokens will be sold at the launch of the project, with 3,5% allocated to the Seed phase, 10% to the private sale, and finally 4% for the public sale.
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17,5% will be allocated to the DAO treasury, and will therefore be used according to the decisions of the community, and will allow the development of the project.
20% will be reserved for the different programs aimed at bringing liquidity to the project, whether to form the initial liquidity or for the staking of LPs in our vault, in order to obtain xZKP allowing access to the ZKP ecosystem.
20% for the team and future talented people who will join the ZkPad Labs. 5% for advisors who will help us in designing the best protocol possible and review projects launching on ZkPad.
Finally, 20% will be reserved for the staking in the vault of the $ZKP token. This will be in addition to the various strategies in place.
DAO Governance
Firstly, vote for each new project that wants to launch on ZkPad and which have been verified by our experts. Then, proposals can be made by our community members to make changes regarding the protocol itself such as tiers, allocation systems or smart contracts themselves.
In addition, the DAO will also be responsible in the future for taking care of investments in projects launched on ZkPad. As previously stated, a percentage of the tokens launched on ZkPad will be kept by the DAO, and put to contribution in the vaults strategies.
The DAO will therefore have to decide how to use these tokens in order to best contribute to the vaults’ revenues.
Zkpad Roadmap
TEAM
A strong team has always been the most valuable asset of the ZkPad project. The team is working hard to realize various functions and look forward to better products.
