Vegaswap Announces IDO on PAID Ignition

Vegaswap AMM
3 min readSep 3, 2021

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Vegaswap Announces IDO on PAID Ignition

Vegaswap community, we have some very exciting news for you! We are thrilled to reveal that the long-awaited Vegaswap IDO will take place on the Ignition platform, a crypto launchpad established by PAID Network. The event will give you the chance to support Vegaswap in achieving its vision of becoming a user-centered automatic market maker platform. Details are as follow:

6th Sep — Whitelist open
9th Sep — Whitelist close
10th Sep — Announce whitelist winners
13th Sep — Vega IDO on Ignition
?th Sep — DEX Listing (To be announced)

Keep following our social media platforms for notifications on the imminent announcement, where details confirming instructions on how to participate in the presale as well as the whitelisting lottery process.

Earn what’s rightfully yours

The DeFi market has created lucrative opportunities for traders in the decentralized community. One of the most sought-after services is liquidity provision, which has led to the rapid rise of different liquidity pools. They offer attractive returns with minimal effort; your tokens work for you. However, in some cases, liquidity providers get short-changed by the dynamic decentralized market in an occurrence known as Impermanent Loss.

Despite the many automated liquidity provision platforms such as Uniswap, none has come as close to solving all DEX challenges as Vegaswap. The project ensures that when you withdraw your tokens from a liquidity pool, you receive all that’s rightfully yours.

If you’re wondering how Vegaswap achieves this, here’s how:

  • Smart Pools — Vegaswap allows you to create your smart pool on the platform. Users get to configure their platforms to their liking, therefore each liquidity pool shareholder also gets analytics tools to monitor the pool’s performance over a trading period.
  • Cross-chains — Polkadot, Binance Smart Chain, and Ethereum are all supported by Vegaswap, allowing users to trade on the platform using tokens based on these protocols.
  • Dynamic pricing — The liquidity providers will get the most out of their investment thanks to a fee that is adapted to the market situation. When the market is doing well, liquidity providers can earn more from higher fees, compared to a flat rate that the current DEX are offering.
  • An intuitive UI — Vegaswap promises a visually appealing experience to keep you relaxed while on the platform.

Combined, these features allow users to earn and withdraw what is rightfully theirs from liquidity pools.

Vegaswap IDO: Why Ignition?

PAID Network’s Ignition platform operates as a decentralized swapping protocol, allowing blockchain-based token projects to offer their private and public auctions. It commands tremendous respect amongst decentralized platforms in the blockchain industry. The startup launchpad is renowned for its strict set of vetting rules that selects projects of the highest level only. It takes a different approach to fundraise, encouraging its vast pool of supporters to HODL using a multi-level incentivization mechanism, which increases rewards the longer users hold their tokens.

Therefore, support from Ignition is multifaceted, taking care of the liquidity needs of the platform while also fueling the organic growth in value of platforms and their native tokens- thereby providing the perfect venue for the Vegaswap IDO.

About Vegaswap

Vegaswap is a user-centered automatic market maker that leverages multichain technology, providing users with a wide range of DeFi and cross-chain applications through its platform. It supports and enables seamless token earnings through customizable liquidity pools, dynamic pricing, and an intuitive UI. Vegaswap makes the work of LP providers efficient and profitable by creating provisions for unique smart pools, providing analytics tools, and reducing impermanent loss with adaptive spread.

Connect with Vegaswap and learn more about the platform through our:

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Vegaswap AMM

Vegswap is a protocol for creating liquidity and trading tokenised assets on public blockchains. The only AMM powered by a multi chain dynamic market maker.