SuiPad Launchpad Introduces Shield Feature to Safeguard Participants' Principal Capital
SuiPad is excited to welcome all great projects from other chains to build on its platform. Together with our partners, including MystenLabs, we provide a complete solution in tech stacks, code reviews, legal, audit, marketing, and product development support. Additionally, we offer a zero-fee launchpad for tier 1 projects. Participating in launchpad IDOs can offer high rewards but also involve certain risks. To mitigate these risks, we are introducing SuiPad Shield to safeguard participants' principal capital and provide peace of mind. Currently, most launchpads and IDO platforms do not have protection in place to safeguard users' principal capital against volatility when investing in newer crypto projects, making it an extremely high-risk activity for IDO participants. At SuiPad, we have engineered an insurance feature to protect users' principal capital. For example, if a user buys an IDO round of a launchpad project, they can choose to add 15% of invested funds to buy...