SakeSwap ILO: Decentralized liquidity crowdfunding platform, a new way of asset issuance

After the encryption market has experienced many upsurges, the entire blockchain ecosystem is endowed with higher requirements: security, efficiency, liquidity, and decentralization. Despite the DeFi, Polkadot, NFT, ETH2.0, storage and other projects or models that quickly hit people’s sight during 2020, the hype space can still radiate to the next stage of Web 3.0, but there is no exploration of the project crowdfunding model. Take it to the next level.

After the construction of the economic model of irreversible NFT, SakeSwap began to lay out in-depth plans on how to innovate crowdfunding methods and create a minimalist issuance model. The launch of SakeSwap ILO can help (Ethereum) Ethereum and (Polkadot) Polkadot The items above span from 0 to 1.

For details, please refer to: https://app.sakeswap.finance/#/liquidity-offering

Start of SakeSwap ILO Liquidity Pool Express Plan

After SakeSwap undergoes a strategic upgrade, the platform will focus on the decentralized crowdfunding platform + swap, and create a new initial liquidity discovery method in the crowdfunding economic model—SakeSwap ILO.

SakeSwap ILO is an innovative financing method that can directly create an AMM liquidity pool for projects and investors.

#Crowd-funding to build a pool of fairness: (low threshold, automation, fairness and justice)

For the project party, ILO abandons cumbersome issuance procedures, reduces its own costs, and improves project liquidity.

①Any decentralized project that wants to participate in crowdfunding can quickly create an ILO

②The creation of the transaction pool from the primary market crowdfunding to the secondary market is automated

③ The ILO mode can be flexibly controlled by the project party, and the lock-up period is carried out according to the situation

For users, what SakeSwap ILO has given is enough willingness to respect and start fairly, and the distribution rights of the ILO project will be handed over to users.

① user holds SAKE vote will decide whether the project issue

②Users will get the same crowdfunding channels and liquidity pool LP tokens as the project party

#Capture of project liquidity value: (Maximize capital utilization, increase project liquidity, maximize benefits)

In the co-construction of the liquidity pool, the utilization rate of funds is maximized. For both the project party and the user, the benefits are guaranteed and doubled.

①After successfully creating the ILO project token, the AMM liquidity pool is automatically started, and the project token can be traded immediately

② LP can capture pool fees and SAKE mining rewards

③ LP cannot intervene in the stability of the fund pool, and liquidity is effectively brought into play

④The secondary market can directly trade to increase prices, and the interests of crowdfunders in the primary market are guaranteed

SakeSwap's ambitions in recasting the economic model:

SakeSwap is a decentralized exchange forked from Uniswap and Sushiswap, but with some key improvements. SakeSwap charges a 0.3% transaction fee: 0.25% is rewarded to market makers, 0.045% is used for repurchase and destruction of SAKE, and the remaining 0.005% will be allocated to the lock bar. With the development of the platform, the value and price of SAKE will be greatly improved. All SAKE holders can benefit from it.

The SAKE token has two functions, even if the SAKE holder has governance rights, and part of the fees paid to the agreement. Eventually, SAKE holders will own the agreement. SAKE can allow liquidity providers and traders to continue to benefit from protocol development, which means that early adopters will become important stakeholders of SakeSwap. For example, in SakeSwap ILO, SAKE will act as an ecological hub.

The launch of SakeSwap ILO will also expand the value of SAKE infinitely. Users who hold LP tokens can participate in SakeSwap Farm to earn SAKE rewards, and more airdrop activities will be launched for ILO participants.

How to participate in SakeSwap ILO and plan the project issuance?

During this period, investors can provide liquidity in the form of ETH / WBTC / USDT / USDC / DAI. If ILO succeeds, 50% of the investment will be converted into project tokens, the remaining 50% will remain unchanged, and all funds will be protected by Ethereum smart contracts.

At present, SakeSwap only supports crowdfunding and liquidity provision for projects on Ethereum, and will also be extended to Polkadot's ecological link in the later period, allowing the value of the project to be captured infinitely.

More information:

Official Website: https://sakeswap.finance/

SakeSwap Info: https://info.sakeswap.finance/

Twitter: https://twitter.com/sakeswap

Medium: https://medium.com/@sakeswap

Telegram: https://t.me/joinchat/RKkt2Oi4_4sxkXbF