Maximizer Partners with Avalaunch Platform, Launches ‘Startup Boosting’
Maximizer is excited to announce a new partnership with Avalaunch, the leading platform for startup fundraising in the Avalanche ecosystem. Avalaunch is a launchpad, often referred to as ‘The Future of Fundraising’, which allows new and innovative projects to seamlessly prepare for launch on Avalanche with an emphasis on fair and broad distribution.
It’s time for Maximizer to help new Avalanche projects bootstrap much needed liquidity and support their launches, but doing so in an innovative, new way that we’re calling ‘Startup Boosting’.
Working together with the team at Avalaunch, Maximizer will play a critical role aiding any project that launches on Avalaunch, by utilizing its bond minting offering and no-sell auto-compounding vaults as a way to help any startup benefit from POL (Protocol Owned Liquidity) as early as possible.
“It’s always been our primary objective to develop a network of trusted and forward-thinking teams in an effort to support our projects post-IDO. Maximizer presents a meaningful solution to a real problem for projects new and old: mercenary liquidity. It’s a pleasure for us to be able to bring promising early teams together with value-add partners who can help them engineer a more sustainable future.” -Mark Stanwyck, Director Avalaunch
Maximizer provides stability in the form of POL that won’t be sold in exchange for an allocation in that project’s IDO. The project that IDOs benefits from this Startup Boost in a several different ways.
- Provides a project with a baseline level of protocol owned liquidity and ongoing advice on LP structure, emissions, and liquidity targets
- Reduces sell pressure early in the project’s lifecycle
- Provides long term protection against sell pressure as the project tokens are deposited into Maximizer’s no-sell auto-compounding vaults where they will continue to generate additional yield
- Gains a long term and committed partner in Maximizer, focused on the success of the entire Avalanche ecosystem
Maximizer benefits from providing this service by receiving an allocation in one of the IDO rounds, which it will distribute to $MAXI stakers. This will allow $MAXI stakers to claim their portion of the allocation on a Maximizer claim site. These relationships will also give the opportunity to find ways to incorporate the new $wsMAXI (wrapped staked MAXI) into partner protocols.
Later this week will be the first of many such mints and allocations for Maximizer. Each new project IDO will be fair exchange of value with Maximizer. Size and terms will vary though, and in some instances, not all allocations will be given to $MAXI stakers.
Keep an eye on Maximizer’s Twitter for details of the first IDO we’ll be supporting!
Maximizers Gonna Make It.
#MGMI
About Avalaunch
Avalaunch is a launchpad powered by the Avalanche platform, allowing new and innovative projects to seamlessly prepare for launch with an emphasis on fair and broad distribution. With its values deeply rooted in the early Avalanche community, they are able to offer projects confident, informed users who are aligned with the long-term goals of the rapidly expanding application ecosystem.
Leveraging Avalanche’s scalable, high-throughput, and low-latency platform, Avalaunch is built by users, for teams, to help grow strong communities.
About Maximizer
Maximizer aims to scale and enable sustainability for Avalanche ecosystem projects through it’s novel no-sell vault treasury.
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