Octopus Protocol will launch its IDO on TrustPad!
We’re excited to announce Octopus Protocol will be launching on TrustPad on June 11th. Octopus Protocol is a robust DeFi protocol built on the Binance Smart Chain (BSC), which allows issuance, trade, and management of decentralized derivative assets.
Octopus identified the issues with the current restrictive and permission-ed architecture for engaging in derivatives. As a result of this, they built a ground-breaking protocol that allows for a transparent, smooth and automated process for the issuance and management of decentralized derivatives.
The protocol brings tangible advantages to the derivatives market by encompassing the advantages of tokenization on blockchain, decentralized infrastructure for the creation and management of synthetic assets, and a trustless architecture for exchanging derivatives.
Octopus Protocol aims to change the market dynamics by giving an equal opportunity for everyone to access financial derivatives that were previously restricted to institutional investors. The DeFi protocol allows traders exposure to real-world assets by facilitating an environment for the creation and settlement of synthetic assets.
We were very excited by the vision of Octopus to leverage the best functions of DeFi and create innovative methods to connect real-world assets to the blockchain. This combined with their impressive and highly experienced veteran team, makes Octopus a serious player in the DeFi space.
How to participate in Octopus IDO on TrustPad:
- 1. Stake $TPAD for Guaranteed Allocations
- 2. Stake $TPAD for Lottery Allocation (10–50% odds)
- 3. Join the Public Whitelist Competition (Starting Saturday, 5th of June)
🚀 IDO on TrustPad: June 11, 2021
More details coming soon. This article will be updated. Stay tuned.
About Octopus Protocol
Octopus is an open protocol to create, exchange, settle, and manage synthetic assets. The protocol enables the issuance of synthetic tokens and their exchange through decentralized derivatives. Octopus Protocol leverages innovative technological solutions like blockchain and smart contracts to facilitate a platform for engagement with decentralized derivatives. Through a trustless architecture, Octopus seeks to offer unparalleled access and exposure to real-world assets.
TrustPad has been founded to aid the growth of the blockchain ecosystem in a safe and sustainable way. TrustPad is proudly backed by BlockSync Ventures, X21 Digital, AU21 capital, exNetwork Capital, Wealth Union, Twin Apex Capital and 4SV.
Amongst the many launchpads, TrustPad is different. A ‘quality not quantity’ approach has been sought by the team to ensure that projects launched through TrustPad have long term, real value. This will provide the TrustPad community with sustainable development, which attracts a larger community of both $TPAD and the projects launched on the platform.