#CakePad Launchpad Tier System

CakePad
2 min readApr 23, 2022

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In CakePad. everything is tied to the tier of the user. The higher amount of CKP holders will get the highest amount of allocation from IDO. A user Must have to hold a certain amount of CakePad Tokens in his cryptocurrency wallet.

We added 4 tier system where all tiers were guaranteed Allocation. Every Tier system have different pool weight. Pool weight means % of allocation.

Example : If IDO pool hard Cap is $100,000 And Tier 1 pool weight is 10% than all of Tier 1 holders will get 10% ($10,000) of allocation equally.

✔ Tier 1: 3,00,000 CKP (Pool Weight 8%)

✔ Tier 2: 1,000,000 CKP (Pool Weight 15%)

✔ Tier 3: 3,000,000 CKP (Pool Weight 25%)

✔ Tier 4: 5,000,000 CKP (Pool Weight 52%)

Unsold Token will be added to Public Pool. On public Pool, anyone can participate without hold Cakepad token.

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CakePad

Cakepad is the first Block chain incubator with a multi — chain Launchpad and multi-chain AMM Dex, Empowering the next big things in the blockchain industry.