Blog – Page 3 – Cyber Scrilla

Whether you want to buy into some up-and-coming cryptocurrencies or you're a new project looking for funding via an initial DEX offering (IDO), Vent Finance might just be for you. Vent Finance is a community-based IDO launchpad that helps projects raise funds transparently and securely while building strong communities. Its due diligence process supports community members wanting to join the sale and project creators who wish for a successful launch. Vent is the new benchmark for simplistic and accessible Community Launchpad Platforms, below is everything you need to know. What Is an Initial Dex Offering (IDO)? An Initial DEX Offering (IDO) is a permissionless cryptocurrency crowdfunding platform that enables novice cryptocurrency users to participate in immature crypto projects in the hopes of making money. Initial Dex Offering (IDO) IDOs include the submission of cryptocurrency projects by their developers to decentralized exchanges or IDO launchpads for public involvement and listing. Participants get valuable tokens that they may swap right away or after a vesting period. IDOs are becoming a well-liked alternative to ICOs. What Is the Vent Launchpad? The Vent Launchpad offers safer crowdfunding for Web3 projects by allowing users to access the essence and benefits of Defi but with enhanced security, greater ease of use, 24-hour support, and token purchase protection. Vent Finance was founded in early 2021 by four entrepreneurs who were frustrated by the friction of community token sales. Generally, users on a typical launchpad would have to tie up tens of thousands of dollars in tokens to acquire allocations in early-stage projects they believed in, while project visionaries lacked the ecosystem and support needed for a successful launch. The Vent team established the Vent Launchpad to overcome this challenge and streamline the entire process for both projects and their communities and is now building numerous new technologies to disrupt and alter existing financial systems. Vent was founded on four pillars: simplicity, security, transparency, and inclusivity. The fact that the Vent Protocol allows users to communicate with projects on other chains using Ethereum, Binance, Cardano, and Polygon projects is another intriguing feature of Vent. Moreover, Vent Finance’s Funding Platform is an easy way to research, apply, and purchase tokens or crypto-assets in early-stage Cardano-Polygon projects. Their platform provides everything a potential buyer needs to make the best decision possible. Vent provides access to newly verified projects forums, vetted purchasing opportunities, screened factors like KYC, and low transaction fees. Additionally, Vent currently supports 12 countries, 100k plus active members, and over 35,000 registered users and growing. Below are the main benefits Vent offers its community members looking to buy into new cryptocurrencies. Convenient Access to Community Sales Vent provides convenient access to crypto sales that would generally involve high gas fees, small allocations, and very little protection for your purchase. With Vent, you don’t need to worry about this. Study & Research Vent does thorough due diligence on each of its partners. Mainly their focus is on initiatives that will benefit the blockchain ecosystem over the long run and provide the tools necessary for its community to engage securely. Ensured Allocation Vent places a strong emphasis on inclusivity. Because of this, they offer their $VENT holders the chance to have access to all Vent launches through a Base Guaranteed Allocation. Safety and Trust Security controls are used in vent operations to provide a secure setting. The financing for each Project is kept in a reserve and is only made available to them upon reaching certain milestones. After launch, if the project doesn't live up to Vent's expectations, they’ll return your money. Vent Launchpad for Project Founders Project founders and developers choose the Vent Launchpad to benefit from Vent's technical and financial support throughout the entire IDO process. Below are the main benefits that Vent offers Project Founders for frictionless cryptocurrency launches. Project Funded using the Vent Launchpad All-in-one Funding Vent's due diligence process supports community members and Project Creators who want a successful launch. Hence, creating an all-in-one platform for seamless funding. Expert Launches Vent offers support for Project Creators by ensuring they have the resources and processes for a successful launch. Vent offers token strategy, marketing support, and launch readiness expertise. Your onramp to crypto By offering fast access to community sales through a simplified authentication and launchpad platform, as well as the ability to join from a mobile app using fiat currency, Vent is on its way to becoming the ultimate onramp to crypto. How to Register for the Vent Launchpad Registering for the launchpad and finding new projects to participate in is easy. It can be done by following these 4 steps below: Creating an account on Vent launchpad Register on Vent Easily Register to join the launchpad in under 5 minutes. Discover new projects Quickly discover and research new projects directly from your dashboard and nominate the projects you’d like to see. Participate in an IDO Register for the launch of your favorite projects to get added to the entry list. Get your token Your tokens are then added to your wallet. What Is the $VENT Token? $VENT is a utility token used to participate in future IDOs on the Vent Launchpad. By holding the token you can earn interest by staking the token and gain access to allocations in upcoming IDOs. Also, it gives community members voting power over upcoming IDOs, new features, ecosystem updates, and initiatives. Furthermore, Project Creators can choose to receive funding from interested parties in $VENT to lower their Vent Launchpad fee. Essentially, by staking $VENT, members can earn points that make them eligible to participate in future token sales and earn rewards from community engagement and other activities available on the Vent Launchpad. How to Buy $VENT To purchase $VENT tokens you need to have an equivalent of either ETH, BTC, ADA, MATIC, USDT, BUSD, or USDC in your wallet. Below are the steps you need to take to buy $VENT. $VENT Token and logo Step 1: If you don’t have any of these listed cryptocurrencies, you will need to swap or purchase them with your credit card using a trusted exchange like Coinbase. Step 2: Swap your crypto for $VENT at any of these trusted decentralized exchanges: UniswapPancakeswap Gate.io.Coinbase (for ETH) Step 3: Sign up to any of these exchange platforms, connect your wallet, and select the swap pair to be exchanged in your wallet for your specified amount of $VENT tokens. How to Stake $VENT Token You can stake $VENT on Binance Smart Chain. Follow the steps below to stake your $VENT Tokens: Step 1: Go to the Vent Farm. Step 2: Connect your active $VENT wallet. Step 3: Enter the amount of $VENT you want to stake. Step 4: Approve the transaction in the pop-up window. Step 5: Confirm your wallet again to finalize the transaction. How much profit can you earn from staking $VENT? Annual percentage yield (APY) is the profit margin you achieve when you stake your $VENT. However, this is not fixed and is influenced by variables including the price of $VENT at the time, the total number of participants, the value of the locked incentives, and other market factors. The length of each staking time is specified on the Vent farm. To be eligible for the full staking incentive in the past, you had to stake your $VENT for a total of 120 days. To be eligible for any rewards during this time, you might need to leave your $VENT tokens on the farm for at least 20 days. Ultimately, Vent Finance provides both cryptocurrency consumers and project developers with all the tools they need to make the best possible decisions. From the technical and financial support for new project founders to the due diligence process performed for every buyer to ensure each partner is a reputable one—Vent Finance provides a safe way to participate in the creation and sales of new cryptocurrencies.