Introducing WePad Staking

tybdao
3 min readFeb 21, 2023

WePad, a decentralized fundraising platform for startups, has recently announced the introduction of three new staking pools: Silver, Gold, and Platinum. These pools offer users the flexibility to choose their preferred staking timeline and annual percentage rate (APR). Additionally, WePad has rebranded its Staking 2.0 feature as Basic Staking, which now offers a fixed APR rate of 3% and no lock-up period. With these updates, users have more control over their staking experience and the potential to increase their profits.

WePad entered the market in 2022 as a cryptocurrency launchpad and has quickly gained recognition as a leader in the industry. The company values transparency, innovation, and responsible practices to encourage the growth of young companies and provide enjoyable experiences for users. WePad is also committed to staying at the forefront of technology and offering new opportunities for both startups and their supporters.

WePad’s philosophy aligns with the recent updates to its staking options. The traditional Staking 2.0 has been renamed as Basic Staking, which now offers a fixed APR rate of 3% and no lock-up period. Furthermore, WePad has added three new staking pools, each with different timelines and APR rates: 12% for the Silver pool with a 3-month lock-up, 25% for the Gold pool with a 6-month lock-up, and 50% for the Platinum pool with a 12-month lock-up. The project has also adopted the APR staking indication model to help users understand the potential returns on their staked cryptocurrency.

“With new staking pools, WePad customers will enjoy more flexible deposit conditions and optimize their earnings,” said WePad CEO Eugeni Ipatko. “We have introduced several locking periods — this is a must-have feature for all self-respecting staking platforms. As usual, there are no hard staking limits, so customers can stake any amount of WWYs and earn.”

Staking on WePad does not impact eligibility for Initial DEX Offering (IDO) participation. To participate in an IDO on WePad, users need to stake 10,000 WWY tokens in one of the available pools. The user’s allocation percentage is also determined based on the proportion of WWY tokens they own, as WePad uses a proportional token allocation model.

WePad is dedicated to bringing together the best in the industry, and its new staking pools are a testament to this commitment. The project’s team encourages all of its users, whether new or experienced, to explore the staking opportunities available on the platform and see the potential benefits for themselves.

Since its launch in 2022, WePad has experienced explosive growth and has established itself as one of the top 25 DeFi projects on BNB Smart Chain and the fastest-growing launchpads. The platform has thousands of active community members and the support of over 500 blockchain experts and opinion leaders. WePad’s success lies in its advanced technology and extensive market knowledge. The team has developed a unique allocation model that allows users to secure large allocations on a first-come, first-served basis, with allocations starting at $200 in the latest IDO.

WePad thoroughly vets every project using a list of over 40 criteria, including the project’s value proposition, creators, and tokenomics. This careful curation process allows WePad to select only the highest-quality projects for its platform, with less than 1% of applicants being accepted. Medieval Empires is proud to be among the select few projects chosen for launch on WePad.

In conclusion, WePad’s introduction of new staking pools and rebranding of Staking 2.0 as Basic Staking demonstrates the company’s commitment to providing users with flexibility and control over their staking

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tybdao

Copywriter | Crypto Enthusiast | Content Creator