Revenue aggregator GMD Protocol launched GMD launchpad
On February 27, GMD Protocol, a revenue aggregator based on GMX, launched the GMD launchpad, which will be prioritized based on the relevance between the project and GMD and the quality of the project itself. GMD said that it would conduct due diligence on the project and set a soft and hard upper limit on the sales of tokens on the launchpad. When the sales volume reached the soft upper limit, the price of tokens would rise linearly until it reached the hard upper limit.
Interpretation of this information:
The GMD Protocal has launched the GMD launchpad, aimed at revenue aggregation based on GMX. The focus of prioritization will be the quality of the project and its relevance to GMD. A soft and hard upper limit will be set on the sales of tokens, with due diligence being conducted on projects. Once the sales volume has reached the soft upper limit, there will be a steady linear increase in token price until it hits the hard upper limit.
The GMD Protocol has launched the GMD launchpad, which aims to help with revenue aggregation based on GMX. This system focuses on prioritizing relevant and high-quality projects to ensure that they receive the support they need for growth. The launchpad’s main purpose is to help these projects gain the necessary resources to thrive, while also increasing the value of the tokens that they produce.
In order to ensure that only high-quality projects are supported, due diligence will be conducted on all projects applying to the GMD launchpad. Additionally, there will be a soft and hard upper limit set on the sales of tokens. Once the sales volume has reached the soft upper limit, there will be a steady linear increase in token price until it hits the hard upper limit.
The overall goal of the GMD launchpad is to support not only the success of individual projects, but also the overall success of the GMX community. The launchpad will help to bring new, innovative ideas to the forefront, providing exposure for up-and-coming projects in the GMX ecosystem.
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