StellaSwap Announces the First IDO Project on Launchpad: Athos Finance
After months in our pipeline, we are finally launching our first initial DEX offering (IDO) on our launchpad! This has been something that our community has been waiting for since our inception, and we’re excited for the inaugural launch of our IDO launchpad.
What Took So Long?
IDO launchpad has been a facility that StellaSwap has promised to launch since it first went live on Moonbeam. We’ve been working on our development infrastructure since then but the lack of projects that we can fully stand behind has been a major hindrance to the launch of our launchpad.
Here at StellaSwap, security and user protection are at the forefront of our approach in building the leading AMM protocol on Moonbeam network. It is therefore imperative that we formulate a rigid and extensive due diligence process for the onboarding process of potential IDO projects. Since inception, we have not found a project that has met our high standards.
Until now !🚀
Introducing Athos Finance: Efficient Synthetic Asset DeFi Infrastructure
Athos Finance is the first decentralized delta-one asset protocol on Moonbeam. In simple words, Athos an end-to-end synthetic assets (derivatives) infrastructure complete with;
- An issuance protocol for synthetic assets, starting with their over-collateralized stablecoin called athUSD
- A derivatives exchange where synthetic assets can be traded called Athos Exchange
- Single-sided vault for passive yield farming
A key value proposition of Athos is that it provides users with on-chain price exposure through synthetic assets with infinite liquidity and no slippage.
You can have a look at Athos’ website here: https://athos.finance/
IDO Launchpad Details
Athos will launch their native token, ATH, on StellaSwap through an IDO on our launchpad. This will be the first IDO launchpad for StellaSwap. The expected date of the IDO will be early August. Generally, the IDO will entail;
- Launch of ATH via a fixed-price offering on StellaSwap’s launchpad
- Creation of an incentivized liquidity pool for trading ATH tokens
More information pertaining to the IDO and the mechanics of participation would be revealed in the next few weeks.
About Athos Finance
Athos Finance is the first decentralized delta-one asset protocol on Moonbeam. It provides users with on-chain price exposure through synthetic assets with infinite liquidity and no slippage.
StellaSwap is the first and leading Moonbeam DEX that offers an integrated gateway to the DeFi world. Users can swap, earn, yield farm, bridge assets, explore new projects and engage in NFT trading all from a single unified platform. StellaSwap’s products are structured in such a way that facilitates decentralized governance of STELLA holders, while continuing to innovate on the collective foundations by design.