April 8, 2022 — ArthSwap is the №1 decentralized exchange platform (DEX) and boasts one of the largest communities on Astar Network. In the coming days, it will be initiating ArthSwap IDO Launchpad, and as part of the launch will be issuing its very own token: $ARSW.
ArthSwap’s IDO Launchpad is a platform that projects can use to launch new coins, and crypto projects, and raise liquidity via crowdfunding. An IDO (Initial Dex Offering) is how projects in the crypto space can raise funds by issuing their project token on decentralized exchanges. ArthSwap’s IDO Launchpad will facilitate the IDO process for projects that are looking to list on ArthSwap’s DEX.
ArthSwap IDO Launchpad will require projects to enter the platform with their project token being set at a fixed price. ArthSwap will be the first project to have an IDO on the ArthSwap IDO Launchpad and its token, ARSW, will have a fixed price of $0.5 until sold out.
ARSW IDO Information
The first token listed in IDO Launchpad will be the ArthSwap native token, $ARSW.
Here is some key information about the $ARSW token in this IDO event.
- Start Date: April 16th
- Start Time: 11:00 am UTC
- Total IDO supply: 1,000,000
- Token Price: $0.5
- Tokens you will need to deposit to purchase ARSW tokens: $USDC, $USDT, $ASTR (You will get a discount if you choose to deposit $ASTR).
ArthSwap will publish its IDO guidelines in the coming days and provide more information about ARSW tokens and its IDO launchpad. To keep up with the latest news and events you can follow ArthSwap on Twitter, ask questions on Discord, and Telegram, and read their project information on Docs or their website. You can find the links down below.
ArthSwap is a one-stop DeFi protocol aiming to become a leading DEX on Astar Network. Its main functions are swapping, staking, liquidity mining, and there will be more functions introduced in the near future. With a simple UI and design for high APY, it enables high-frequency trading on Astar Network. ArthSwap was launched on January 22, 2022. In just one month, ArthSwap exceeded $120 million in TVL.
ArthSwap is focused on growing in the Astar Network ecosystem and is looking to optimize all the elements for Astar. As such, it considers itself an “Astar-native” dApp. ArthSwap is to Astar what Trader Joe is to Avalanche, what Quickswap is to Polygon, and what Uniswap is to Ethereum.