Nftfy’s Poolz Party is On The Horizon, But There’s Another Pool You Can Join
With the $NFTFY launch fast approaching, we spent the last few weeks delving into an intricate vetting process to select a platform to streamline our IDO. After careful consideration, we concluded that it would be none other than Poolz (More on Poolz IDO), providing Nftfy and its adopters the distinct opportunity to be a part of our Poolz party in May 5th at 12 pm UTC. However, there is another way you can get your very own fraction of Nftfy.
Your Piece of The $NFTFY Pie
We made the diligent decision to have Poolz host our IDO because of their alignment with our core beliefs of fairness and opportunity for all. Continuing this trend and holding to our values, we will also be partaking in a Liquidity Bootstrapping Pool (LBP) on Balancer as a truly equitable chance for every last supporter of Nftfy to obtain their very own $NFTFY.
Balancer Protocol is designed for programmable liquidity, allowing projects to generate sustainable liquidity without significant seed investments. Balancer works by having a Nftfy pool and an ETH or stable coin pool with entirely different weights. Through this, the price of the offering will begin high and slowly trend downward over time as the liquidity balances itself. Assuming no one makes a trade.
Of course, trades will be taking place! Therefore the downward price action will be met by an upward resistance, running in contrast to a typical token offering. The advantages of this format are inclusivity, bot avoidance, and fair value for all. Our Balancer pool will be open for anyone to contribute and remain open for a few days, so be patient, wait for Balancer to do its work, and watch for the price you believe to be fair.
Looking Forward
Remember, Balancer represents the last opportunity to obtain $NFTFY before it goes live on Uniswap. We are confident that the fusion of Balancer LBP and Poolz will provide both plentiful protection and opportunity for everyone to get involved.
The Balancer pool begins on May 10th, and we look forward to your participation!
For more on Nftfy, check out the links below:
Website | Telegram | Twitter | Instagram | Medium | Docs
By Mitchell Keller | Twitter
Edited by Dr. Deeban Ratneswaran
Lead Graphic by Caelan Flemmings
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