Impossible Finance Launchpad IDIA

1. Summary

Ranks

Liquidity

78

Developer

-

Social

98

Momentum (beta)

26

Stack Rank™

-

Price

$0.04 -2.0%

Market Cap

$30.61M (#775)

Supply

759.22M / 1.00B

Tags

Binance Smart Chain Ecosystem Avalanche Ecosystem Launchpad Arbitrum Ecosystem BNB Chain Ecosystem Moonriver Ecosystem Impossible Launchpad

More Metrics

Price
52W High price	$0.15
52W High date	11th Mar 2024 (4 months ago)
All Time High (ATH) Date	26th Nov 2021 (2 years ago)
ATH Price	$3.51
% From ATH	-98.46%
All Time Low (ATL) Date	12th Oct 2023 (9 months ago)
ATL Price	$0.008812900000
% From ATL	513.03%

Supply & Trading Volume
Trading Volume (24h)	$14,078.00
Total Supply	1.00B
Max Supply	1.00B
Circulating Supply	759.22M

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Description

Impossible Finance is a decentralized multichain ecosystem focusing on empowering users and projects through its various features. The core ecosystem includes the Impossible Launchpad, Impossible Swap, and a decentralized incubator. The $IDIA token serves as the governance and access token, allowing users to stake and secure allocations for top-tie...

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Impossible Finance is a decentralized multichain ecosystem focusing on empowering users and projects through its various features. The core ecosystem includes the Impossible Launchpad, Impossible Swap, and a decentralized incubator. The $IDIA token serves as the governance and access token, allowing users to stake and secure allocations for top-tier projects launching on the platform.

Impossible Launchpad

The Impossible Launchpad is designed for users to participate in Initial DEX Offerings (IDOs), providing fair and unbiased token distribution for new project launches. The platform uses a staking mechanism, devised under the StakeWeight formula, which distributes allocations in proportion to the amount and duration of $IDIA tokens staked. This approach aims to ensure fair participation opportunities for all users, regardless of their token holdings.

Security and Project Quality

Impossible Finance places strong importance on security, implementing measures such as the Buy-back Protection Program to mitigate potential risks for users. The program allows users to sell tokens back to projects within a specific timeframe if token prices fall below a certain level. Additionally, the platform performs rigorous research, vetting, and due diligence on projects to ensure high-quality offerings. Smart contracts are audited and battle-tested to keep user funds secure.

Community and Accessibility

Impossible Finance strives to create a community-driven environment where users can access exclusive deals typically reserved for venture capitalists. The platform offers a fair allocation mechanism, uses a KYC process to ensure real users, and provides insights and guidance for both users and projects. The aim is to create an accessible and equitable platform, fostering growth and financial inclusion for users and projects alike.

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