Curated News
By: NewsRamp Editorial Staff
September 18, 2024
Pencils Protocol to Conduct $DAPP Token Sale on Tokensoft
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Discuss on SubstackTLDR
- Investors can expect heavy listing gains from the Pencils Protocol's upcoming $DAPP token sale, attracting over 35,000 registrations.
- Pencils Protocol operates as an all-inclusive auction platform and yield aggregator utilizing zero-knowledge technology for privacy, transparency, and scalability.
- Pencils Protocol aims to become a one-stop hub for all DeFi solutions, offering benefits like early token allocations, exclusive merchandise, and more, ultimately improving the DeFi ecosystem.
- Pencils Protocol has provided a 1000% ROI to their investors so far in 2024, making it an attractive option for those interested in high returns.
Impact - Why it Matters
This news matters as it highlights the success and popularity of Pencils Protocol, showcasing its potential to become a one-stop hub for all DeFi solutions. The upcoming token sale and the protocol's partnerships with industry giants also indicate a growing interest in the project within the crypto space.
Summary
Pencils Protocol, an IDO launchpad and auction-focused platform, is set to conduct its $DAPP token sale on Tokensoft on September 18. With a TVL of around $319 million and partnerships with industry giants, the protocol has gained over 459K active users. The token sale, initially capped at 5,000 users, has seen about 35,000 registrations, and top CEX listings and heavy listing gains are expected in the future.
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Pencils Protocol to Conduct $DAPP Token Sale on Tokensoft
