2021-10-25 13:39 |
Thorstarter, the first decentralized THORChain-based launchpad and venture DAO, funds and launches the initial decentralized exchange offering (IDO) for THORSwap’s $THOR token. THORSwap is the leading multi-chain, decentralized exchange (DEX) platform powered by THORChain that allows users to perform cross-chain swaps in a permissionless, trustless, and non-custodial manner. THORSwap’s $THOR token will be available to the public for the first time on Thorstarter on November 1st.
THORSwap’s $THOR Token
Following a recent closing of a $ 3.75M round , THORSwap is primed and ready to launch its $THOR token with a Thorstarter IDO. The $THOR Token is designed to incentivize trading and accrue value for token holders.
The $THOR IDO on Thorstarter will involve 2% of THORSwap’s total token supply. For more on $THOR’s tokenomics and utility, read the $THOR Tokenomics Overview. You can also dive deep with infographics on how $THOR will benefit token holders here .
THORSwap’s overall vision for its token and product is to offer four main services:
Best Interface for THORChain services — The most comprehensive access point for THORChain-specific products and services (e.g. THORNames, Synths, ThorFi)DEX Aggregator — Swap thousands of crypto assets across multiple blockchainsPartner API — A composable API for partners to easily leverage THORSwap-integrated liquidity pools and functionalityTHORChads Rewards Platform — Metaverse home to reward loyal THOR ChadsSimilar to Notcoin - Blum - Airdrops In 2024