Lemonade Set to Hold First IDO Launch, DePo On June 17, 2021

Lemonade, the next-generation DeFi token Launchpad, has announced the Initial DEX Offering (IDO) of DePo scheduled for June 17 this year. DePo whitelisting will begin on the same date whereas the final date of the public sale will be released in a couple of days.

DePo aims at being the initial multi-market aggregator in the DeFi ecosystem. It offers an all-in-one interface inclusive of crypto exchange platforms, NFT marketplaces, ERC-20 wallets, decentralized protocols in addition to staking platforms.

There are over 600 crypto exchange platforms and more than 10,000 digital currencies, making it a time-wasting and cumbersome endeavor to manually switch between the exchanges and currencies. The DePo unified interface not only solves these issues but also smoothens the path for new persons joining the crypto space.

Lemonade is governed by the Jigstack Decentralized Autonomous Organization (DAO) and Jigstack’s governance token is STAK. Users holding the token can participate in the IDO via a three-tiered system. Holding more STAK tokens increases users’ access to take part in the IDO.

Lemonade gives STAK token holders a through-pass for special opportunities inclusive of the DePo IDO. Those interested in acquiring more STAK tokens can do so before it is publicly listed on larger exchange platforms.

Following the STAK IDO, Jigsaw decided to fine-tune the Lemonade launchpad by adding new features such as the ANTI-bot blacklisting schema. This is a functionality detail that is directly connected to the campaign. It enables blocking out bots by giving token issuers a buffer time lasting between the sale and claim period. It also allows token issuers to block suspicious users and make corrections to any blacklists generated accidentally. The IDO owner will receive collected ether tokens which are unclaimable by the bot.

The Lemonade DeFi token launchpad was developed to simplify fundraising for token issuers rather than having them use exploitative intermediaries or complicated setups. It does this by offering a permissionless, automatic, and custom-tailored sales structure thereby ensuring an uninterrupted user experience.

Jigstack Ethereum-based DAO governs the launchpad and the depository of high-standard products. Lemonade and other Jigstack protocols are managed using the STAK governance token.