NiftyPays is Launching on TrustPad!
Your Nifties have the power to pay you! IDO Launching 18th of November.
We are excited to announce that NiftyPays will be launching on TrustPad!
NiftyPays is an innovative NFT ecosystem, enabling participants to benefit from their NFTs by staking them as collateral for loans.
The ecosystem revolves around $NIFTY — a utility token which introduces an incentive mechanism to allow NFT holders to transact in a peer-to-peer manner for various useful functions, such as fractionalization of NFTs, or lending and borrowing of NFTs. The option of “delegated” staking helps listing partners get more exposure on the platform.
Let your $NIFTY do the work.
NiftyPays’ lending solution follows a sophisticated NFT pricing discovery model, which depends on the history and price predictability of the collateral. NFTs which can be assigned a value are traded as standard digital assets, while those with no valuation follow a P2P model.
Holders of the $NIFTY token are also able to vote on various features and parameters of the platform.
Discover more about NiftyPays’ innovative plans and promising solutions by visiting their links below.
Join the NiftyPays Community:
NiftyPays IDO Details on TrustPad
Network: BSC; Raise on BSC in BUSD
Total supply: 180,000,000 NIFTY
Initial Market Cap: $300,000
TrustPad Sale Date: 18th November 2021, 12:00 PM UTC
TrustPad Allocation: $150,000
IDO Price: 10 $NIFTY per 1 BUSD
Vesting: 3 months
Token Listing Date: TBA (November)
How to participate with TrustPad
Check out NiftyPays’ pool page here.
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.
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 manual searching is often required.
You may need to manually search for the TPAD contract: 0xADCFC6bf853a0a8ad7f9Ff4244140D10cf01363C
If this is the case, click on ‘Select a currency’ and paste the contract 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 Levels page by completing the following steps:
- Approve the interaction.
- Stake number of TPAD you want to stake.
Once the pool page opens for NiftyPays, 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.
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 NiftyPays’ Pool Page:
Participating in the IDO
Once the Raise is Live, guaranteed allocation round will last approximately 6 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 NFT Medium.
- Approve interaction.
- Send BUSD.
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.
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.