What is Zkpad?
ZkPad is a fundraising platform focusing on providing a healthy and fair way for projects to launch tokens on StarkNet.
Our 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.
We’re providing a programmable way for projects to target and build their community around their product.
Protocol Overview:
Vision Of ZKPAD
Zkpad will bring retail investors and the personal finance market to zk-Rollups through ZkPad.
They are convinced that we can overcome the two major problems mentioned above: the accessibility of zk-Rollups and the high-risk problem for individuals when making early investments in projects.
Making an accessible platform
The First mission of Zkpad is to facilitate the accessibility of zk-Rollups’ technologies for individuals and developers alike. They will have in heart to provide educational content on this technology. This content will include tutorials, analyses, explanations, ecosystem data, etc. We will set up complex technology monitoring tools and data collection tools to be able to offer essential data and information for all.
Reducing the risk for retail investors
The First mission of Zkpad second mission will be to reduce the risk for individuals using ZkPad, as investments are so risky in today’s environment, between scams, weak teams, and/or market hazards. We first chose to focus on the public sales segment with a launchpad. However, we plan to offer earlier investments for our users. Later on, we would like to provide seed investments, with strategies to guarantee retail investors zero losses no matter what, but that will come later.
KEY FEATURES
TOKENIZED WHITELIST
For each project listed on ZKPad, ZKP token stackers will receive a whitelist right as NFTs. These NFTs can either give users the right to invest in IDOs on ZKPad or can be resold to another investor.
ON-CHAIN LOTTERY SYSTEM
Most launchpads have an unclear off-chain lottery system to determine the whitelisted investors. So, we’ve decided to implement this mechanism completely on-chain for more transparency.
MANAGED MARKET MAKING
Managing the market making of the tokens for each project will allow us to control the front-running and eventual “pump and dumps” at the token listing. Therefore, we opted for a fixed swap pool system.
OPTIMIZED STAKING REWARDS
Staking your ZKP tokens will provide you with a boosted yield. This will be achieved by leveraging Defi protocols on our vaults.
FOR INVESTORS
Venture Capital was made more open.
ZkPad allows you to invest in the most promising projects on StarkNet. Our priorities are safety, decentralization, and a great user experience to make early-stage project investment more open. We believe that fortune favors the bold, and indeed investing early in a project generates the most return on investment. Our platform is specifically designed to open investment opportunities, formerly reserved for investment funds, to retail investors.
Tokenomics
17,5% of the tokens will be sold at the project's launch, with 5% allocated to the Seed phase, 15% to the private sale, and finally, 10% for the public sale. 17,5% will be allocated to the DAO treasury, and will be used according to the community's decisions, 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, 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 design 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.
Here is the information about the release schedule of the token:
The team deliberately opted for high inflation at the beginning to create long-term sustainability. Successful Defi protocols have almost universally implemented high emissions to help bootstrap a community and liquidity. Moreover, the design of the ZKP vaults makes uniquely high rewards for users who are willing to lock up their ZKP for more extended periods. These users will be playing a key role in bootstrapping liquidity for the protocol. This group will prove themselves to be the best stewards of the protocol and, therefore, the best possible trustees of the DAO.
In addition, we have chosen to add vesting on the team's tokens, the DAO treasury, and the investors. Indeed, despite our total confidence in the involvement of investors in the long term and our dedication to the project, we prefer to vest these allocations to guarantee the security of all and secure these statements.
