Hey Threadoors, LockDaoโs thread contest is on.
Join our X thread contest by sharing your thoughts on LockDao, being the first Dao governed LP locker and truly decentralized platform for bootstrapping Developerโs disruptive ideas and securing investorโs funds, focusing on its innovative features, potential, and contributions to DeFi.
๐ธPrize Pool:
Top 8 participants with informative threads will split a $500 prize pool. This means higher chance of winning.
How to Participate:
๐Create a dedicated thread on X for LockDao.
๐Mention the challenges of Traditional lockers and Launchpad and how LockDao is addressing it
๐Discuss the LockDao Ecosystem
๐Use hashtags like #LockDao #LockonLockDao #Defi .
๐Tag @LockDao_io and 3 favorite influencers
๐Engage with other participants' threads.
โ๏ธSelection Criteria:
- Originality and creative expression.
- Display of profound knowledge and insights.
- Active engagement with other participants.
- Engaging and informative writing style.
- Skillful use of pertinent hashtags.
This contest will run for 7 days. From 5th to 12th of January, 2024.
Letโs get writing โ๏ธ
Statistics shows that nearly $2B was lost in crypto last year due to hacks , scams and rugpulls
And we have all being in scenarios where devs pulls out liquidity in LPโs
Thereby making investors tokens useless
What if there was a way to avoid ever getting rugged again
๐งต
๐๐ผ๐ ๐๐๐๐ฟ๐ฝ๐๐ ๐๐ ๐๐๐ ๐๐๐๐
๐๐๐๐ ๐๐พ๐ ๐๐ผ๐๐๐๐ฟ, ๐๐๐ ๐๐๐๐๐๐ฟ๐๐ฟ
Rug pull is a major nightmare in the cryptocurrency space. It is said that hundreds of millions if not billions have been lost due to rug pulls.
๐งต๐ชก
#LockDao#Defi#LockonLockDao
According to recent data, there have been approximately 1.2 million ๐ฟ๐๐ด ๐ฝ๐๐น๐น๐ in the past year alone
With an estimated $467 million lost in the past two months
This is a nightmare!!
However, a new Defi protocol is here with a perfect solution
A ๐งต
#LockDao#Defi
LIQUIDITY LOCKING HAS BEEN A LIFE SAVER IN THIS SPACE,
It's not a new thing the increasing occurrence of rugpulls
With scam devs seeking to make profits and take off
But @lockdao_io is stepping up this concept by introducing a new innovation
Let's discuss
A..๐งต
This is an exciting opportunity to win some money. @lockdao_io is a first mover in DAO based liquidity locking. Excited to see how it changes the safety and security domains.
The concept is quite interesting & innovative. There are many launchpads but this one has a DAO Governed Liquidity Locker.
- Audited by SolidProof
- Revenue share for holders
- Security as holders can be made whole from LP
- Lock Pad launching this month
This is something that is required in this space full of scams. DYOR and take a look at this new concept @lockdao_io@EricCryptoman @EricScott_007 @degenApe22@KenzoISRO
Our DAO Governed Liquidity Locker is now.
This is the first step toward creating a truly decentralized platform where investors can print X's with little or no risk.
Our Dao governed locker offers :-
Flexibility: This means that LP can be unlocked for the purpose of token redeployment or Project restructuring
Security of Investors fund: This means Investors will be refunded from the LP locked on LockDao locker if a project fails or is abandoned.
Lock Dao is providing referral codes to all the KOLs and .1% $LOCK holders.
Devs/teams who will use these referral codes can get 50% discount on Liquidity lock fees + discount on partner KOLs. Referral being used will get .05eth per referral.
LockPad:
We're also expediting action on Launchpad which is to act as a bootstrapping platform for Legit Devs to launch a token.
Be sure to invite everyone you know in this crypto space interested in getting into profitable deals with little or no risk.
#LockonLockDao #Lock #Defi #ETH
Decentralized Governance is here to stay so as LockDao, the first DAO governed LP locker with Ve3'3 tokenomics.
๐ฃ๏ธThe need for more democratic and inclusive decision-making within the context of Blockchain or crypto projects cant be overemphasized.
This is the very foundation in which web3 is built on and its the future we're to embrace. Exciting times ahead๐
#LockonLockDao #LockDao #Defi
We need active human intention to choose the directions that we want, as the formula of "maximize profit" will not arrive at them automatically... Vitalik Buterin.
This is the foundation on which LOCKDAO, the first DAO Governed LP Locker is built on and its in sharp contrast with the traditional LP lockers that is built around profit maximization for Devs and Locker owners.
#LockonLockDao #LockDao #ETH #Defi
There are certain types of technology that could, if developed, mitigate the negative impacts of other types of technologyโฆ Vitalik buterin
This is where we're with LockDao. Centralized Lockers in an attempt to solve Yesterday's problems have created a bigger problem today. About 1800 ETH worth of LP is rugged on a weekly basis on Uncx network, Pinksale, and Teamfinance.
This is the reason we have built LockDao, the first Dao Governed LP Locker to correct the negative impact of the traditional lockers.
#LockonLockDao #LockDao #ETH #CryptoCommunity
Decentralization is the hallmark of the blockchain technology. LockDAO is built on that premise.
Securing LP through a Decentralized platform like LockDao will help unlock the next phase of Defi growth, by attracting web2 folks into web3.
#LockDao#LockDao#Defi #BlockchainGames #ETH
DAO Governed LP Locker Makes Token Migration a Seamless Process.
A successful Dao voting is all it takes... Dev team don't have to break their heads on sourcing for LP for the new contract deployment.
#LockonLockDao#LockDao#Defi#ETH
@HawkOfCrypto Thank you ๐ฅฐ
Product has been audited by @SolidProof_io. Team is working on marketing push for the product launch. Please follow for more update.