In this article, learn about Ternoa’s recently released Launchpad, offering users the ability to participate and earn bonuses from newly added DApps to the Ternoa Ecosystem, and how to take part!
A new platform has just been released within the Ternoa ecosystem: the Ternoa Launchpad. This platform displays projects specially selected by Ternoa using our blockchain technology, allowing CAPS holders to support these projects in their early stages, as well as have access to bonuses. In this article, we will explain in detail how the launchpad works, and how to be eligible for these bonuses.
The Ternoa Launchpad
As explained above in the introduction of this article, the Ternoa Launchpad will allow projects launched on the Ternoa blockchain to be discovered and supported by our community.
Think of the platform as a launching pad for projects in the process of being created, which, in addition to the support received, will allow CAPS owners to benefit from bonuses and have the unique privilege of participating in very promising projects in the start-up phase.
At each project launch, $CAPS holders will be able to participate in two activities offered by Launchpad:
- The Ticket drop (lottery) and access to a pre-sale in the form of NFT;
- Followed by the start of daily airdrop rewards.
How to be eligible for early-stage participation and bonuses?
To be able to support future projects on the Ternoa Launchpad, you will need to have at least 10,000 CAPS (ERC20 or BEP20) on a Metamask or WalletConnect compatible wallet (TrustWallet, Ledger...), and have an account on the Ternoa Wallet. The more CAPS you have on a wallet, the more advantages you will have!
These advantages allow you to win more rewards, but also to have more chances to be selected to win extra bonuses at the launch of the projects.
How to connect to Ternoa Launchpad
Here are the seven levels on the launchpad:
Level 1 (10K CAPS in your wallet):
- Daily reward multiplier: x1
- 1 ticket on the lottery to win the NFT launchpad boost for the project launching
Level 2 (100K CAPS):
- Daily reward multiplier from Level 1: x12
- 15 tickets on the lottery to win the NFT launchpad boost for the project launching
Level 3 (250K CAPS):
- Daily reward multiplier from Level 1: x35
- 90 tickets on the lottery to win the NFT launchpad boost for the project launching
Level 4 (500K CAPS):
- Daily reward multiplier from Level 1: x85
- 200 tickets on the lottery to win the NFT launchpad boost for the project launching
Level 5 (750K CAPS):
- Daily reward multiplier from Level 1: x150
- 800 tickets on the lottery to win the NFT launchpad boost for the project launching
Level 6 (1Mil CAPS):
- Daily reward multiplier from Level 1: x225
- 2,000 tickets on the lottery to win the NFT launchpad boost for the project launching
Level 7 (2.5Mil CAPS):
- Daily reward multiplier from Level 1: x650
- 3,000 tickets on the lottery to win the NFT launchpad boost for the project launching
How does it work?
- Once you are on the Ternoa Launchpad platform, all you have to do is connect your Metamask or WalletConnect wallet.
- Then, you will have to link your Ternoa Wallet.
- Our system will check the number of CAPS held in ERC20 or BEP20 and classify you into one of the different levels above and you will have access to the currently highlighted projects.
The Rewards
Once your Metamask or Wallet Connect wallet is connected and your Ternoa wallet is linked, you will automatically earn rewards every day, in the form of Airdrop, for each project listed on the launchpad. These rewards take the form of a special token named $TProjectToken.
Example: the Playaverse project is listed, you get $TPLV which can, at the end of the vesting period, be swapped for tokens of the original project.
These rewards are defined according to the amount of CAPS held and the length of time these CAPS have been held in the wallet connected to the Launchpad:
Depending on the amount of CAPS held, tiers may be reached. These tiers will allow you to receive a larger portion of the daily drop reward.
Depending on how long CAPS are held in the connected wallet, the user will be able to increase their quota of $TProjectToken earned, with a maximum of 100 consecutive days. That is, after 100 consecutive days of holding, the user will have reached the maximum quota he can claim in the daily drops, and if he continues to hold his CAPS, he will continue to obtain this maximum quota day after day as long as the number of CAPS held does not decrease.
If the user ever decreases the amount of CAPS held on his wallet then this charge "counter" will go back down to the minimum.
Imagine holding a magnet. The more CAPS you hold, the bigger the magnet, and the longer you hold it, the more airdrop rewards you attract. So this magnet takes 100 days to reach its maximum "attraction capacity."
Please note that each project will remain online for 1 month and each Airdrop will run for 100 days, making you eligible for approximately 10 to 12 project launches and 10 to 12 parallel airdrops per year.
Gradually, your $TProjectToken will appear on your Dashboard. Each participant will be able to collect their rewards (airdrop) via the $TProjectToken swap token and swap this token against the native token of the project in question according to the vesting and unlock periods of each project.
Ticket Drop
Each time a new project is released on the Ternoa Launchpad, a lottery takes place. Along with this event, information about the participation in the new project’s private sale will be shared. Lottery participants are eligible to win Lottery Winner NFTs, which give winners the opportunity to participate in a private sale of the project’s token at a discounted price. These NFTs are awarded and distributed directly to each winner’s Ternoa Wallet.
Information on the number of winners per lottery will be given shortly before the launch of each project on the launchpad, with the number of winning tickets depending on the tokenomics of the project in question.
Every winner will be able to access the guidelines and details about their allocation in said project by decrypting the Secret inside the Lottery NFT received on their Ternoa Wallet (the one attached to their Ternoa launchpad account).
A lottery takes place shortly after a project’s launch announcement on the platform. The odds of winning are weighted by the volume of CAPS stored on a user’s ERC-20 or BEC-20 wallet that has been connected to the launchpad. The more CAPS a user holds, the higher the odds of winning the lottery.
Stay up to date on Ternoa’s Launchpad and upcoming DApps by following our project on Twitter. You can also join Ternoa’s Telegram for direct communication with the team!
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