We promised you exclusive presales would be coming soon to Wault LaunchPad and now it’s time to deliver on that. After reviewing dozens of applications, our busy team at Wault Finance has decided on the first project to launch its presale on our LaunchPad platform — Swirl.cash!
Swirl is a BSC-deployed fork of Tornado.cash, the strongest privacy protocol on the Ethereum network. It uses various cryptographic methods, including implementations of zero-knowledge(zkSnarks) proofs to achieve privacy functionality. So Swirl has taken something that works, which allows 100M USD-worth of tokens per day to regain their right to anonymity, customized it in Swirl for the current DeFi landscape, and brought it to Binance Smart Chain. Now, Swirl will allow you to send BSC cryptocurrency with 100% anonymity!
Swirl is the first of its kind on Binance Smart Chain, with some very smart people behind it. Both the Swirl team and we at Wault believe this will be a monumental presale success, and the best part is, this presale opportunity will only be available to Wault stakers!
Presale Signup Details
Only WAULT holders who are staking inside of Wault’s platform will be eligible to whitelist for this presale. The maximum allocation for each person will vary by both the amount of WAULT they are staking and in which pool they are staking in. "You can find more details on the allocation tiers here: https://waultfinance.medium.com/wault-launchpad-offers-exclusive-access-to-presales-a00d7452e225
The form for whitelisting will become available on Tuesday, March 16th, 2021, at a yet to be announced time. Once the form is online, WAULT stakers will have 48 hours to fill it out to secure their whitelisting spots.
Once applications for whitelisting close on Thursday, March 18th, we will take two random snapshots over the following 48 hours, verifying each holder’s WAULT amount and which pool they are staking in. Everyone who holds at least 50 WAULT tokens and stakes them in one of our single-asset Vaults, will have an opportunity to whitelist for the presale.
Keep in mind, WAULT holders will only be allowed to stake in one pool for allocation calculations. We will use the longest lockup pool you are staking in to determine your allocation. So if you’re in both the 30-day and 7-day lockup pools, only the 30-day pool will count towards your allocation.
After whitelisting closes, the presale will occur on Sunday, March 21st, 2021. Once reaching presale hardcap, the following day on Monday, March 22nd, SWIRL’s IDO will happen on PancakeSwap.
The LP tokens for the IDO will be locked in Wault Locker (Locker.Wault.Finance), along with the team tokens. An audit will also be scheduled with a reputable firm. Finally, the team at Wault has thoroughly vetted Swirl as we will with all featured presale projects. So rest assured, you can invest safely with us.
More details on the SWIRL presale hardcap amount, price, tokenomics and more will be released soon.
Swirl.Cash official communication links:
What is Wault Finance?
Wault Finance is a decentralized finance hub that plans to connect all the primary DeFi use-cases within one simple ecosystem on Binance Smart Chain. We believe the benefits of DeFi should be accessible to the masses but in an intuitive way; avoiding the expensive fees, confusing interfaces, and centralized decision-making of many current platforms. So with these goals in mind, we’ve built a protocol with some unique features we believe will amplify the power of wealth-accumulation for our users.
In addition, we believe in open and decentralized governance. That’s why WAULT token holders will be able to vote on and decide all aspects of the protocol’s future development path. Every developer is also welcome to work on and contribute to our open-source code. Come join the movement and help us advance DeFi on the Binance Smart Chain!
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