SuperLauncher is excited to announce that we will be going live with SuperFarms on 11 June 2021 at 14:00 UTC! SuperFarms are liquidity mining pools designed for projects that are part of our ecosystem to bootstrap liquidity in the early stages. These liquidity mining pools allow projects to provide their own tokens as rewards to users who contribute to liquidity.
This adds on to the range of benefits that SuperLauncher offers IDO projects, and lays the foundations for scale, as we prepare to transit to V2 and deploy our technology across blockchains. Our next release will be the ‘governance’ and ‘auto-listing’ module, which is aimed at on-boarding projects rapidly, and allowing the community to review and vote on projects that they would like to invest in.
Information on SuperFarms:
- SuperFarms will debut on 11 June 2021, at 14:00 UTC
- LAUNCH/BNB and CIFI/BNB will be the first two liquidity pools to feature
- To provide liquidity, users must supply both assets in a 50/50% ratio to PCS V2
- Users will then pledge their LP tokens on SuperFarms to earn the yield
- Each SuperFarm will run for 3–6 months
- LPs can expect 25–250% APY on the SuperFarms, depending on the TVL in the pool
If you are keen on being a liquidity provider, get your LAUNCH, CIFI and BNB ready for the 11th June 2021, 14:00 UTC! Liquidity provision can be very profitable, especially at the early stages of a project and is often a way for savvy investors to indiscriminately take profit as the price of the token goes higher. However, LPs face risk of impermanent loss, which you can read more about here. We look forward to all the questions in the upcoming days!
Your Truly, Your Birdies
SuperLauncher is a cross-chain launchpad that empowers projects to raise capital with best-in-class features and gives investors access to quality projects in a safe, trusted and decentralized manner. SuperLauncher helps projects conduct token sales, automated listings, and liquidity locks on Binance Smart Chain. Soon to be available on Cardano.