Multichain DeFi Platform, Holdefi, Comes to BSCstarter
Discover decentralised multichain lending protocol, Holdefi
We recognise the importance of securing the best and most innovative projects for our STARTers, further reinforcing BSCstarter’s position as the launchpad of choice for Binance Smart Chain.
This is why we are proud to announce that we have attracted another promising project looking to launch on Binance Smart Chain, Holdefi.
Holdefi is a unique protocol and build, with an individual architecture designed to compete with the leading DeFi players in the market. With a plan to launch on both Ethereum and Binance Smart Chain simultaneously, the protocol has almost completed its test phase on the Kovan and Binance Smart Chain testnets.
Holdefi will be part of an elite club of DeFi protocols available on both ETH and BSC.
Based in Turkey, the 30+members of the Holdefi team have been working on their product for over two years, attracting private investment of over $5m. After considerable success in local markets, the project is now ready for a mainnet launch to introduce Holdefi to the world — and we are excited to be operating their first public IDO.
What is Holdefi?
Holdefi is a decentralized, open-source non-custodial money market protocol where users can participate as depositors or borrowers.
Depositors provide liquidity to the market to earn a passive income, and everyone can borrow from this liquidity and repay it after a while. The Borrower must add collateral before borrowing any tokens.
The value of the collateral should be greater than the value of the assets they want to borrow. This collateral is, in fact, a guarantee that they will repay the borrowed assets. Watch the video below for a simplified explanation of how Holdefi works:
HLD will be a governance token for the Holdefi platform. As a fully decentralised protocol, HLD is integral to the running and evolution of Holdefi. HLD token-holders (and their delegates) can discuss, propose, and vote on any future changes to the Holdefi protocol.
For instance, holders can vote to include new assets, or change asset-specific requirements on Holdefi. Governance also decides on things such as token burning, revenue sharing, and liquidity mining.
The total supply of HLD is 100 million.
- Seed Fund: 3,000,000 vesting 1 year
- Token Sale: 13,000,000
- Private Sale: 11,000,000 vesting 6 months
- Ethereum Token Sale: 1,000,000 no lock up
- BSCstarter BSC Token Sale: 1,000,000 no lock up
- Foundation: 20,000,000 vesting 4 years
- Team: 15,000,000 (5,000,000 no lock up and 10,000,000 vesting 4 years)
- Ecosystem Growth Pool: 47,000,000 (7,000,000 no lock up and 40,000,000 vesting 4 years)
- Smart Drop: 1,000,000 no lock up
- Advisor: 1,000,000 vesting 4 years
To take part in the HLD IDO you will need to have staked a minimum of 100 START on the platform at least 24hours prior to the IDO opening, and pass their KYC.
Holdefi requires all IDO buyers to carry out KYC. After KYC is passed, your wallet address will be whitelisted. Please follow the link on the HLD pool to their KYC provider, Blockpass (Blockpass will ask for an ETH wallet address during KYC, please enter BSC wallet address here).
500K HLD will be offered as part of the sale at a price of 0.0023 BNB.
Start date: Wednesday, March 31st, 2021 13:00 UTC
Softcap: 800 BNB
Hardcap: 1180 BNB
Minimum contribution: 0.10 BNB
Maximum contribution: 30 BNB
IDO price: 0.0023 BNB/Token
Listing price: 0.0037 BNB/Token
Liquidity allocation: 50%
Liquidity locked: 180 days
✉️ Telegram: https://t.me/BSCstarter
🐦 Twitter: https://twitter.com/BSCstarter
🔊 Announcements: https://t.me/BSCstarter_announcements
🚀 START Contract: https://bscscan.com/token/0x31d0a7ada4d4c131eb612db48861211f63e57610