KICK-PAD: FACILITATING PROJECTS IN KICKSTARTING THE RIGHT WAY AND ALL INCLUSIVE PLATFORM.
It's an age-long adage that,if wishes are horses,even beggars will ride.
This connotes the fact,if things are set in place,even the most unlikely person to progress will do that,because the resources and enabling agents of change are involved.
- In the same vein,KICK-PAD aims to be the enabling force,machine,platform where you and anybody else irrespective of experience,lack or it and a varieties of other factors can "kickstart their project the right way"
KICK-PAD:Kickstart your project the right way.
“KickPAD aims to address the current problems plaguing DeFi — making it a safer endeavor for everyone to engage with. It is safely built to make it easy for promising projects to launch on Binance Smart Chain to engage in trustless token sales and efficiently lock liquidity”.
WAYS KICK-PAD ENABLES PROJECTS TO MOVE TO THE STRATOSPHERE ARE
1.EMPOWERING DEX WITH RUG-PROOF FEATURES,USER FRIENDLY CALLED THE KICK-DEX
This DEX is an open-source and fully decentralized dex platform,built on the binance smart chain platform(BSC)
And it's entirely different from the KICK-PAD IDO Launchpad.
The aim of this DEX includes:
-The platform shows how much liquidity will be locked and for how long,which helps to avoid being rug-pulled on and losing funds in the process.
-It was built to help prevent 1 (one) large source of rugpull scams,thereby helping the users to safeguard their assets.
-However even with this features it’s sad to say that there are other ways that a potential sale may scam,hence it’s solely the responsibility of the investors to
BEWARE AND BE AWARE OF
-Minting functions where sellers mint tokens and "dump"
-Contracts that prevent you from selling your token
-Fake tokens being sold, pretending to be other tokens
-And other scams.
-Always check the contract codes for risks
-Always confirm the token address to make sure you are buying the correct token and not a fake.
2.AUTO LOCKING LP TOKENS IN THEIR SMART CONTRACT AND AUTOMATICALLY ADDING LIQUIDITY
KickPAD currently automates the liquidity adding and
locking process from a presale onto PancakeSwap.
This mitigates the seller’s ability to run away immediately with the funds because the liquidity is
automatically added.
The LP tokens are also locked in our smart contracts.
However, as earlier stated, there are still other ways that a seller can “rug pull” or exploit investors out of
their money, and KickPAD currently does not prevent those techniques. For example, a seller can mint
new tokens and “dump” on the exchange. Also, a seller can make a contract “non-sellable” except for
specific wallets.
-In addition to security measures such as audits, KickPAD wants to help additionally to mitigate this problem.
-The team is currently brainstorming and testing a new smart contract code that can scan for such shady tactics and place a warning on the platform homepage.
-KickPAD hopes to implement these
improvements onto the platform and continue to help improve DeFi.
"The smart contracts and sales factories ensure automatic add and lock liquidity onto exchanges. This simple fix forces sellers to have their funds and
liquidity locked for the specified duration of time,thereby preventing easy rugpulls and scams"
3.DEMOCRATIZING IDO ROUNDS,KICK-PAD HELPS ALL AND SUNDRY TO MAKE EARLY INVESTMENT STARTS.
To make IDO rounds as fair as possible, it offers a private and public round through their IDO platform.
A genuine problem with how presales work in crypto right now is that influencers, venture capitalists, and well-connected people receive allocations for private/presales. This often makes normal users miss out on early investments.
KickPad aims to be the equalizer, bringing presale opportunities to the average crypto user. This is done in two rounds: Private and public.
“KickPAD decentralizes and democratizes the presale system by creating dynamic presale contract factories and combining them with an easy-to-use UI”
The lists of benefits are inexhaustible,get a copy of the WHITEPAPER and see the numerous benefits it offers to all.
STRATEGIC PARTNERSHIP WITH DUCKDAO AND ORION PROTOCOL
The team is in a symbiotic partnership with these two awesome platforms
1.DUCKDAO :DuckDAO is a community-backed digital asset incubator that provides promising early-stage crypto startups with the expertise, financial resources, and marketing power needed to fast track their progress on the path to success.
2.ORION PROTOCOL:built on the most advanced liquidity aggregator ever developed ,Orion protocol aggregates the liquidity of every single crypto exchange into one decentralized platform:
providing a singular non-custodial gateway to the entire digital asset market.
In summary KickPad’s goal is to minimize rug pulls, maximize security, and primarily creating a better Defi experience for everyone.
Do you want to know more about this awesome platform? Check vital socials.
