Boba Brewery, the first fully decentralized fundraising platform in the Boba ecosystem, will be initially listed on the leading digital asset and cryptocurrency trading platform MEXC Global for the launchpad session.
The mission of Boba Brewery is to bring world-class projects to the Boba network and make the platform an innovative community. The team believes the power of people working together toward a common value is the main goal when building up the community.
As the first launchpad on the Boba chain, Boba Brewery aims to provide a high-quality optimization on project fundraising. It prioritizes launching projects on the Boba network to connect investors looking for initial decentralized exchange (DEX) offerings. Fairness, safety and transparency are the top missions it seeks to benefit all tokenholders with any size of investments. To make Boba Brewery an innovative community, it has designed a zero-fee strategy on its smart contract, making participation available to everyone.
Its native token, BRE, plays a central role in the Boba Brewery platform. It allows holders to utilize its launchpad, stake their assets and vote on any upcoming governance proposals. The token is also designed to be a utility coin and will be used to encourage holders to adopt the protocol. All smart contracts are audited by Certik.
After the initial exchange offering (IEO) on MEXC Global, users are allowed to use BRE tokens to participate in upcoming projects by staking BRE on the official website. In addition, all BRE tokenholders have the opportunity to participate in the platform’s yield farms program by farming BRE-Ether (ETH) or BRE-BNB liquidity provider (LP) tokens from the DEX to earn even more rewards. With more LP tokens and longer time staking, users are eligible for higher rate rewards. No fee is required for staking or unstaking transactions on the platform.
MEXC Global has been working closely with Boba Brewery in its early stages. With the partnership between Boba Brewery and MEXC Global, the powerful platform has the opportunity to access more than 7 million users around the globe. MEXC Global will not only provide BRE with added liquidity but also become a strong contributor to help Boba Brewery build a more robust community and be able to offer a more fair, secure, and efficient place for new projects.
Stay tuned to MEXC Global Launchpad for the IEO information in the coming days, and follow the Boba Brewery official site for more staking news.
About MEXC Global
Established in April 2018, MEXC Global is a digital asset trading platform with more than 7 million users, which offers users one-stop services including spot, margin, leveraged ETFs, derivatives trading and staking services. The core members of the team come from international enterprises and financial companies and have experience in blockchain and financial industries.
For more information, please visit the website and blog. Follow MEXC Global on Twitter and Telegram.
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Source: Coin Telegraph