<text-h2> $CDZ will launch a $99K initial market cap IDO, one of the lowest in the market <text-h2>
IDOs have seen transformative ways for blockchain projects to engage with the community. Call it a Microcap or perhaps a Nanocap? CDzExchange is paving the way for a new class of microcaps. We are excited to announce that we will be the first to launch a $99K initial market cap for the upcoming IDO in late July. In the world of DeFi, you stay in the game or it’s game over.
<text-h2> Why did CDzExchange update their tokenomics? <text-h2>
Many projects are doomed to fail because of weak tokenomics design. Markets change very rapidly and so must projects in the interest of their community.
To swiftly adapt to the fast-paced DeFi market, we have decided to adjust our tokenomics. After many rounds of discussions, we are excited to announce our $99K initial IDO market cap to keep advancing in alignment with our roadmap.
The updated tokenomics is designed to better allow all stakeholders, both public and private sale investors, to participate in the IDO. Our $99K initial IDO market cap has been refined to further reduce selling pressure on DEX listing.
To better incentivise liquidity providers and stakers, the LP rewards pool has increased from 30% to 40%. This means that more $CDZ will be allocated towards LPs and staking rewards.
CDzExchange will be launching on one of the biggest IDO launchpads in late July.
More details on the IDO will be released as we inch closer to the launch date including public sale price, release schedule and how to win allocation.