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For example: if there are 100 total allocations based on how many Penguins participate, with 5 allocations you’ll be able to acquire up to 5% of all SHERPA tokens distributed through the Launchpad. The amount of SHERPA tokens you can acquire will depend on how many allocations you’ve earned. Sherpa tokens will be offered at $0.1275/SHERPA each to Spacelords (15% discount).Īn allocation refers to a share of all SHERPA tokens to be distributed.2.5 x Bonus allocations for every 3000 xPEFI tokens (25% bonus allocations).1 x Guaranteed allocation for every 300 xPEFI tokens.Tier III: Spacelord (15,000 xPEFI or more)Īny wallet with at least 15,000 xPEFI tokens will receive: Sherpa tokens will be offered at $0.135/SHERPA each to Penguineers (10% discount).0.75 x Bonus allocation for every 1500 xPEFI tokens (15% bonus allocations).Tier II: Penguineer (1,500 xPEFI or more)Īny wallet with at least 1500 xPEFI tokens will receive: Sherpa tokens will be offered at $0.15/SHERPA to Astronauts.
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If you don’t have enough xPEFI, you can participate in the upcoming Club Penguin initiative for free $SHERPA tokens.Īny wallet with at least 300 xPEFI tokens will receive: This is the minimum amount of xPEFI you must have in order to acquire $SHERPA tokens from the Penguin Launchpad. ( ) Introducing the Penguin Launchpad Tiers (Exclusive to SHERPA Distribution): Follow this guide if you don’t already hold $PEFI tokens. If you don’t have any $PEFI yet, you can buy through Pangolin. The amount of $SHERPA and future Launchpad Offerings you’ll be able to purchase will depend on the amount of xPEFI you hold. How can you participate in the Penguin Launchpad? Exclusive access to the Penguin Emperor and Penguin Arena dApps.Access to exclusive Airdrops (one is set to happen very soon).Future access to PEFI governance decisions through the Penguin DAO.Use xPEFI to participate and discover new projects at no cost. Access to FREE tokens via the Club Penguin initiative.The Nest collects rewards automatically! You don’t have to worry about reinvesting.The highest single asset staking APY on Avalanche.You cannot buy xPEFI on a DEX, the safest way to get it is by staking your PEFI in the Nest here () Apart from being the necessary token for participating in all of Avalanche’s hottest token distributions, xPEFI has a myriad of benefits: That means xPEFI will always be redeemable for more PEFI than you invested minus the Paper Hands Penalty (4.04% at the time of writing, it is lowered every week). Since xPEFI receives the fees collected from all current and future dApps within the Penguin Ecosystem, it’s PEFI value can only ever increase. XPEFI (Nest) is the token you receive once you stake your PEFI. xPEFI is the token that represents staked $PEFI, the latter was product of a fair launch and thus benefits from being one of the most decentralized tokens within the Avalanche Ecosystem. Instead of basing our Launchpad in a new token with no utility or inherent value, we’ve decided to utilize xPEFI in order to ensure that no centralized entity can manipulate the token offering for their own benefit. How did we create the best Launchpad on Avalanche? They also avoid a fair launch in order to centralize the majority of their launchpad allocations in the hands of as few as 5 to 8 individuals. Many platforms have centralized their token for the benefit of the developer team and keep upwards of 30% of their launchpad token’s supply for developers, advisors, etc. Unfortunately, this is not the case with most launchpad platforms that exist within the crypto sphere today.
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Projects benefit from the added exposure, easy token distribution and are able to focus on what matters most, how to build value through their token and products. A launchpad platform is a tool that allows projects to distribute their new tokens to as wide an audience as possible in a fair fashion.