Merkle is Launching on TrustPad!
Launching 29th of October.
We are excited to announce that Merkle will be launching on TrustPad!
Merkle Network is a network for interoperable oracles which will enable decentralized transfer of data and tokens between the chains. Merkle network makes interoperability between the multiple chains possible. Merkle Network unlocks the true potential of the existing blockchains by enabling them to communicate with each other and build cross chain dApps and assets.
The Need for Merkle Network
Transferring assets and data between the chains has been one of the biggest challenges in the crypto space. Blockchains operate in isolation from each other which limits their uses and growth. There is a lack of a protocol or framework to enable interoperability between the chains which can unlock the true potential of the blockchain ecosystems.
You can read more about Merkle Network on https://merkle.network/
Merkle IDO Details on TrustPad
Token: $MERKLE
Network: BSC; raise on BSC in BUSD
Total supply: 60,000,000
Initial Market Cap: $480,000
TrustPad Sale date: 29th October 2021, 15:00 UTC
TrustPad Allocation: $100,000
IDO Price: $0.15
Vesting: 20% at TGE, 1% released each day
PancakeSwap Listing Date: TBC (October)
How to participate with TrustPad
Check out the pool page here: https://trustpad.io/pool/merkle
TrustPad uses a Levels System to determine the amount of guaranteed allocation a participant is entitled to. These levels start from 15k TPAD being staked in the IDO staking pool and can go up to 185k TPAD. The multiplier assigned to each level calculates how much allocation is provided per a base allocation, which is set once the registration period closes shortly before the start of the raise.
There are also lower lottery levels, starting from 3k TPAD which give you a much higher chance of obtaining an allocation when compared to the public whitelist.
You can review and stake into the Levels by clicking here.
Getting TPAD
The TrustPad site also has a ‘Buy TPAD’ button at the top which will send you to PancakeSwap to swap for TPAD. The User Interface of PCS sometimes doesn’t feed through the contract code, so manually searching is often required.
https://exchange.pancakeswap.finance/#/swap
0xADCFC6bf853a0a8ad7f9Ff4244140D10cf01363C
You may need to manually search for the TPAD contract: 0xADCFC6bf853a0a8ad7f9Ff4244140D10cf01363C
If this is these case, click on ‘Select a currency’ and paste the contract code to the search bar, then select ‘TPAD’ once it pops up.
Staking TPAD to access the IDO
Once you’ve got some TPAD in your wallet, stake in https://trustpad.io/levels by completing the following steps:
- Approve the interaction
- Stake number of TPAD you want to stake
Once the pool page opens for Merkle, make sure to register for the IDO so you get your spot secured.
LP Staking access
You can also access the IDO by staking in the LP staking pool which can be found here: https://trustpad.io/staking
The Level you have achieved can also be seen on the Levels page noted above once you have staked.
Registering for the IDO
As mentioned, you will need to register for the IDO to be eligible. To do so, make sure to register on the Merkle pool page:
https://trustpad.io/pool/merkle
Participating in the IDO
Once the Raise is live, guaranteed allocation round will last approximately 8 hours, followed by an FCFS round which is only for TPAD stakers and whitelisted wallets. You need to complete three steps to participate:
- Head to https://trustpad.io/pool/merkle .
- Approve interaction.
- Send BUSD.
Public Whitelist
The Public Whitelist is where non-TPAD stakers get the chance to participate in the IDO. Recently there have been over 250,000 participants and over 22m entries in the whitelist, meaning that if you just stake 2k TPAD and register you will be greatly increasing your chances.
The link for the public whitelist will be shared here once it is live, as well as on official channels.
About TrustPad
TrustPad has been founded to aid the growth of the blockchain ecosystem in a safe and sustainable way. TrustPad is proudly partnered with tokenova, Lupa X, GD10 Ventures, BlockSync Ventures, X21 Digital, Meridian Capital, Wealth Union, Twin Apex Capital and 4SV.
TrustPad is different to other launchpads. A ‘quality not quantity’ approach ensures that projects launched through TrustPad have real long term value. This will provide the TrustPad community with sustainable development, attracting a larger community for both $TPAD and the projects launched on the platform.
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