Red Kite Launchpad’s Roadmap in Q3
The Red Kite team officially released Red Kite V2 at the end of Q2 with several UI and UX improvements (read more HERE). In Q3, the Red Kite launchpad will also be updated with new features to better support and benefit users.
Let’s check it out!
📈 Staking pools with attractive APY
This is one of the features that has piqued the community’s attention in the recent past. In this Q3, let’s prepare to welcome the release of various staking pools on Red Kite, each with its appealing APY mechanism and reward structure tailored to the needs of users, who are staking PKF or LP-PKF on Red Kite.
Additionally, IDO projects on Red Kite can create pools for staking their tokens on the launchpad and run pre-staking programs with attractive rewards.
👑 User reputation
Along with Red Kite points and APY, customers can earn Reputation when they stake PKF or LP-PKF on Red Kite. Reputation is the number of RedKite points given to loyal launchpad users, calculated by the Reputation multiplier.
The Reputation multiplier will increase with the age of the PKF and LP-PKF tokens staked on Red Kite. The longer the tokens are staked, the greater the Reputation multiplier, up to 0.2% per day.
Click on this LINK for details.
⏳ One-hour refundable IDOs
In addition to guaranteed allocation, Red Kite will offer users who join IDO pools on Red Kite 1-hour refund period. Accordingly, if the token has not been claimed, the buyer has the right to request a refund within one hour since the token is listed on the exchange and the buyer is entitled to claim. Refundable time will be announced specifically in each IDO pool.
📦 Pre-order service
Users can plan ahead with the token pre-order service rather than waiting for the sale to purchase tokens. As a result, users can place an order for the desired number of tokens based on the announced allocation and prepayment without waiting for the pool to open. This service is only available to Phoenix tier users.
Click on this LINK for details.
📢 Red Kite Help Center
We built Red Kite Help Center for users to easily follow the guideline and find answers to questions related to using Red Kite at https://redkite-faq.polkafoundry.com/. The team will regularly update its content and frequently asked questions.
🔂 Whitelist cancellation
Before the whitelist registration period ends, users who have successfully registered to join the whitelist can cancel their participation.
🐦Support Polygon-based projects
Red Kite users are already familiar with participating in the IDO of projects on the Ethereum or Binance Smart Chain networks. In Q3, Red Kite will support more projects on the Polygon network, assisting them in marketing to the Red Kite community and expanding investment possibilities for Red Kite users.
We will announce detailed policies in the following article, including the Reputation, staking APY, and policy validity periods. Follow PolkaFoundry official channels to get the latest information about the Red Kite launchpad.
About Red Kite
Red Kite is a cutting-edge launchpad powered by PolkaFoundry as a part of the growing $PKF ecosystem. Red Kite projects are carefully chosen through vetting, which takes everything from the origins of the project teams to legitimacy and implementation capacities into account. These projects are also supported by a network of our high-class marketing partners, leading influencers, and interactive communities.
Need more information about Red Kite? Follow us on PolkaFoundry’s official groups and channels so you won’t miss anything!
