PolyPad: Should I Invest In Polygon’s Deflationary Launchpad?

tl;drThe crypto business is witnessing the birth of an increasing number of blockchains. Cross-chain is becoming the new thing, and every project tries to have a say in it, whether by maintaining their token on multiple chains or deploying products on various platforms. Polygon provides cross-chain solutions, and PolyPad is a new launchpad for the Polygon ecosystem. There is a lot we can’t wait to share with you about this project. Keep scrolling!
PolyPad: Should I Invest In Polygon’s Deflationary Launchpad?
PolyPad: Should I Invest In Polygon’s Deflationary Launchpad?
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Where Does PolyPad Come From?

Matic, Polygon, PolyPad, what is the development line? Don’t panic! We’ll have it all covered. We’ll brief you step by step from Matic to Polygon and from that to PolyPad.

From Polygon to PolyPad

Polygon and Matic are the same platforms, and Matic Network was the former name of Polygon, which is a platform for building blockchains compatible with Ethereum. Polygon focuses on interoperability and scaling of blockchains, and it is a layer2 scaling solution designed to attract the public attention to the adoption of the Ethereum network. Polygon is developed to increase the speed, throughput, and efficiency of Ethereum and other chains compatible with EVM (Ethereum Virtual Machine).

Polygon’s Token (MATIC)

The name of its token is MATIC (yes, all capital), which is a governance token used for staking and paying gas fees. Check out these staking pro tips that earn you sweet millions of money! Polygon strives to expand decentralisation by providing decentralised applications (dApps) to highlight security, high performance and pleasant user experience. To read more about Polygon, follow this blue line!

What Is PolyPad?

PolyPad is going to be the upcoming project in the Bluezilla ecosystem. In a nutshell, PolyPad is a launchpad for Polygon ecosystems. It is actually Polygon’s first decentralised IDO and incubation platform, which plans to help projects’ fundraising ability, develop loyal users, and provide early-stage investments for retailer investors and potential users. PolyPad is a deflationary launchpad, which means it includes a %10 fee on all token sales and up to %25 on early unstaking fees.

What Is A Launchpad?

If you’re new to the world of crypto, you need to learn some expressions and terms to survive! Here is a list of must-know crypto terms. Now, let’s see what a launchpad is. The advent of blockchain was a game-changer for centralised projects, and gradually many projects strived to go decentralised. Many of these projects need the decentralised world to raise capital and keep their businesses running. Learn more about fundraising methods in crypto. Launchpads, aka incubators, are platforms that help blockchain-based projects raise capital and allow early-stage token sales for their investors.

How Are PolyPad Sell Fees Distributed?

PolyPad sell fees will all be in MATIC and will be distributed as follows:

  • 5% will be rewarded to stakers.
  • 2.5% of the fees will be airdropped to long-term stakers.
  • 2.5% will be burned.

Another possible way is to unstake early, which involves a %25 burn fee, but if you wait for four months, unstaking will be free of charge. Also, anyone staking or holding KCCPAD or TRONPAD will be allowed to swap these tokens to POLYPAD tokens at TGE.

PolyPad (POLYPAD) Financial Analysis

Today, on Apr 15, 2022, PolyPad (POLYPAD) holds the #861st rank among all projects in Coingecko.com based on market cap. PolyPad’s market cap is currently $21,786,482, and each POLYPAD Token is traded at $0.01980641. Its 24-hour trading volume circles around $498,693, which shows a -17.0% decrease in price. PolyPad’s circulating supply is 1.1 Billion POLYPAD coins, and its total supply is 2 Billion. PolyPad hit its all-time high this month on Apr 8, 2022, at $0.129057 and yesterday, on Apr 14, 2022, it experienced the all-time low at $0.01850962.

PolyPad Tokenomics

PolyPad’s token, POLYPAD, is allocated as follows:

  • 10% goes to the team behind the project.
  • 5% is dedicated to advisors.
  • 9% is considered liquidity.
  • 10% is planned to be used for the ecosystem.
  • 4% goes to reserve.
  • 7% is rewarded for staking.
  • 55% is for KCCPAD/ TRONPAD swap.

The PolyPad Tiered System

PolyPad’s Tiered system consists of two rounds, the first of which includes six schemes known as Diamond, Platinum, Gold, Silver, Bronze, Iron. This system claims to provide equal opportunities for all tokens and LPs holders to take part in the IDOs. The team claims that bot manipulation is almost impossible to happen. Let’s go for the details of the six schemes in the first round.

PolyPad Diamond Scheme

In the Diamond scheme, users should hold a minimum MPAD of $200,000. The pool weight is 40, and joining PolyPad on social media is required. The guaranteed allocation is FCFS.

PolyPad Platinum Scheme

In the Platinum scheme, you need to hold a minimum MPAD of $80,000. The pool weight is 26, and following PolyPad on social media is required. The guaranteed allocation is FCFS.

PolyPad Gold Scheme

In the Gold scheme, anyone should hold a minimum MPAD of $40,000. The pool weight is 17, and it is required to follow PolyPad on social media. The guaranteed allocation is FCFS.

PolyPad Silver Scheme

In the Silver scheme, anyone is obligated to hold a minimum MPAD of $20,000. The pool weight is 10, and it is required to join PolyPad on social media. The guaranteed allocation is FCFS.

PolyPad Bronze Scheme

The minimum MPAD you need to hold in the Bronze scheme is $8,000. The pool weight is 5, and it is an obligation to join PolyPad on social media. The guaranteed allocation is FCFS.

PolyPad Iron Scheme

In the Iron scheme, the minimum MPAD that anyone should hold is $4,000. The pool weight is 2, and joining PolyPad on social media is required. The guaranteed allocation is FCFS.

PolyPad Tiered System Round 2

In round two of the PolyPad Tiered system, the tokens left from the first round quill be sold. Everyone is allowed to participate in the second round, even the holders from the first round. This second round will last some hours and will finish upon selling out all the tokens.

Disclaimer: Don’t take this article as financial advice. You need to DYOR (Do Your Own Research) before investment.

PolyPad Price Prediction

The following predictions of the PolyPad price in the coming years stem from its current performance. It’s needless to say that these are merely predictions, and you need to consult with your financial advisor before taking any steps regarding this or any other crypto projects.

PolyPad Price Prediction for 2022

Experts predict that in 2022, the price of the PolyPad token (POLYPAD) may reach a minimum of $0.025. The POLYPAD price can reach a maximum of $0.029, with an average trading price of $0.026.

PolyPad Price Prediction for 2023

The minimum price of PolyPad is predicted to be $0.037 in 2023. The PolyPad price is expected to reach $0.044 at the maximum, with an average price of $0.038 throughout 2023.

PolyPad Price Prediction for 2024

In 2024, the price of each PolyPad token is predicted to reach $0.056 at least. The POLYPAD price can reach a maximum of $0.063 in 2024, with an average trading price of around $0.057.

PolyPad Price Prediction for 2025

The minimum price of PolyPad in 2025 is predicted to be $0.077. The maximum level of POLYPAD price can be $0.097, with an average price of $0.079.

Should I Invest In PolyPad?

PolyPad was designed to provide solutions for the problems of token adoption and liquidity in crypto projects. PolyPad’s economic model is developed to benefit loyal users, and by holding its deflationary token, investors are provided with the opportunity of early investment deals. PolyPad claims to prioritise safety and transparency with guaranteeing token allocation.

That being said, we all know that the crypto world is very volatile, and taking precautions is a must. One of the precautions that has saved millions of dollars for the users is to increase knowledge. Cryptologi.st is here to fulfil this need by providing detailed analysis of crypto projects, hot news, and educational content. We are no financial advisors but can help you make confident crypto decisions.

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