Dec 23, 2020
Deflect Launches LGE Launchpad Program
Why LGE Launchpad ?
Lets face it, Pre-Sale programs are highly risky in today’s current DeFi landscape with malicious actors, in-experienced development teams copying and deploying random code from open source libraries with known issues and no prior testing and debugging. Hundreds of thousands and even millions of dollars of assets are locked, stolen by scamming devs, assets stuck in contracts or never seen again due to these issues.
We have all lost money by these described mentions, to be honest, We are tired of it. Crypto as a whole is tired of it. So we decided to do something about it. By becoming the solution. By legitimizing anonymity in the space. Ensuring code and contracts are trust-less.
This is also where our strategic partnership with CertiK comes into play. All our underlying templates will be audited templates. This, in turn, reduces the costs for launchpad projects to be audited, due to Deflect and CertiK having a strong, strategic partnership affiliation and foundation. Thus ensuring the safety of investor funds in these newly curated projects’ unique and dynamic variables and ecosystems.
The strength of this foundation also means we can also offer reduced costs for CertiK audits of the launchpad tokens adjusted variables and coding needs, rather than them having to create a fully new, major ecosystem audit for themselves independently, which makes auditing for new projects much more affordable and feasible from the start.
Overview
Welcome to reverse engineered DeFi and sustainability, legitimized anonymity, unlimited scalability and unlimited funding potential. Welcome to the DEFLECT ecosystem.
Deflect Protocol is an industry-first solution that brings unlimited scalability, funding potential, and gas-less redistribution of tokens, all under one platform.
Deflect enables DeFi startups with white-label solutions and a launchpad for custom tailored smart-contracts with tokenomics functionality around liquidity provision, yield farming, and compounding interest-based lock-ups.
Services
Deflect brands as an Integration Platform and Launchpad that provides solidity expertise, smart-contract-oriented tokenomics, as well as ecosystem mechanics advisory, ecosystem maintenance, and support to third projects.
The Ecosystem Smart-Contract support empowers initiatives with building projects with their own native smart-contract ecosystems while providing a LGE Platform For new projects as a fair-launch program that also gives sub-Ethereum DeFi communities a safer alternative to Pre-Sale mechanisms.
How Does The LGE Launchpad Work ?
Considering projects launching on DEFLCT have to lock liquidity provisions in terms of Ethereum (ETH) they are eligible to claim unlocked pairs to DEFLCT, which are subject to Deflect’s in-house liquidity farming ecosystem.
Third-Parties will be able to access and utilise Deflect’s numerous ecosystem templates and designs and set their own variable such as Supply, Mechanics, Functionality, Utility, Allocations, etc.
Our conditions are outlined below when offering Solidity power to launchpad projects
- Deflect Team will build the token contracts and LGE contracts, deploy LGE, and then transfer ownership of third-party deployer to third-party.
- LAUNCHPAD TOKEN contracts will be built by Deflect Development team with ETH Liquidity Perma-Locked (CORE Style) and no MINT functions or proxies. This way all launched projects are 100% Rug Free, Exit Free, Scam Free, and Funds in pools are Safu
- Minimum of 5% of total (LAUNCHPAD TOKEN) supply for DEFLECT Treasury as Development Costs
- Minimum of 10% of (LAUNCHPAD TOKEN) supply for DEFLCT/ETH LP farming.
- Minimum of 10% of (LAUNCHPAD TOKEN) Supply for DEFLCT/NEWTOKEN LP farming.
- Third-Party Launchpad Project will get to pre-allocate 65% of the remaining supply to their specifications (LGE, more pools, launchpad token treasury, their own strategies, personal team tokens, as long as all this is stated openly and pre-allocated for full disclosure and transparency to the community)
- All (LAUNCHPAD TOKEN) liquidity farming pools must be hosted on Deflectprotocol.io (third-parties can have a UI plug in to the smart-contract on their own site also)
- There will be some dynamic variables here from project to project depending on complexity and time-scale of each individual projects needs.
- Optional Re-Audit of launchpad tokens updated variables and Tokenomics via our auditing partners.
About Deflect
With Deflect, Rewards generates from transactional volume within the ecosystem are re-distributed to network holders direct to their wallets without claiming or staking. Truly a natively inversed fractional reserve based medium of exchange and store of value that this platform and protocol is built on top of.
The Deflect in your wallet compounds gas-less and frictionless interest on every transaction, so your wallet increases in supply whilst the supply around your wallet is decreasing.
Whilst with your bank, the money in your wallet stays the same, but the supply around your wallet is increasing. Making your money less valuable. See the difference ?
Deflect also operates and self-funds itself via its external spendable boosts and revolutionary multiplier contracts which not only brings diversification of multiple assets flowing through a powerful compounding treasury but that allow users to interact with smart-contracts by purchasing an increased leverage or risk/reward ratio on liquidity farming pools, and future developments. Meaning you can make a purchase to increase your “effective stake bonus” in the Liquidity Farming Pools.
These tokens that were used to make boost purchases are then used to fund developments and strategies and will be used as underlying assets in portfolio management systems, lending / borrowing solutions, self generated liquidity for a DEX, and underlying assets that are pegged to the incoming stable credit system being built in 2021, similar to DAI, yet much more revolutionary where the transactional volume has an inversed effect on the collateral used in the stable asset where it pays itself back based on collateral holdings.
All with ZERO selling pressure.
All within the DEFLECT ecosystem.
See DeFi through the prism of integrations.
