Get to know more about $APD utility token, it’s distribution, details about the upcoming token sales and also have a first glimpse at the initial draft of the Aptpad.finance Litepaper.
We care most about the long-term success of Aptpad and the ecosystem we are building.
For any legitimate project that’s building, there should always be extensive thought put into the tokenomics and the utilities that the token offers.
At Aptpad, this drives certain decisions that our team and partners think are best to accomplish building a sustainable and scalable IDO-as-a-Service (IaaS) platform and everything that we are building along with that.
What Is Aptpad?
Aptpad is an IDO launchpad on the Aptos blockchain coupled with a suite of other DeFi tailored products like a token creation, locking and staking platform that will revolutionize the Aptos IDO ecosystem.
$APD Utility Function
$APD is the Aptos native token minted on the Aptos blockchain that empowers the Aptpad platform.
The key utility function of $APD is to give holders a guaranteed tiered access to IDOs launching on Aptpad.
$APD will have host of other utilities like:
Governance
Staking To Earn Rewards
Token Minting Fees
The total supply of $APD is fixed at 10,000,000 (Ten million) and decreases over time following a deflation model.
One can vote on governance proposals by staking with his or her $APD tokens.
$APD Token Distribution
$APD is an Aptos blockchain utility token, meaning that it can be stored in any wallet that supports Aptos blockchain tokens.
Here’s a detailed guide on how to set up your Aptos wallet.
Here’s how $APD is distributed
Upcoming Token Sale Details
The total token supply of $APD is 10 Million, with 51% (5,100,000) offered in two token sale rounds, a pre-sale round and a subsequent public round.
Pre-Sale Round
The pre-sale round is reserved for early adopters and 23.5% of the total supply will be up for grabs for initial investors.
The Presale kicks off Monday, 24th October 4PM UTC.
There will be no vesting as early investors will get their tokens 48 hours after the presale ends.
$APD is here to disrupt the whole IDO landscape on Aptos, in a good way.
Don’t miss out — stay tuned in on our updates in the Telegram group.
About AptPad Finance
AptPad is a community-based launchpad on the Aptos blockchain that turns ideas into successful growth journeys. It is where founders share innovative blockchain projects with the communities that will join forces to fund them.
With simplicity at the core of our priorities, we aim to make the user journey as painless and enjoyable as possible by improving every component involved, starting from design, wallet and API integrations.
Join Us!
We welcome you to the AptPad Community. Follow us on Social media to stay up to date with our latest developments.