Solaunch and Penguin Finance have formed a strategic alliance to boost the growth of community and liquidity for emerging protocols
We are delighted to announce our strategic partnership with Solaunch! Together, we will be helping projects embarking on their maiden voyage with the joint forces of our platforms.
Solaunch is the first contagious launchpad for DeFi, art and games, and it is available on multiple blockchains. It aims to help new projects to have a smooth start in the crypto realm, and establishing a partnership with Penguin can complete its jigsaw puzzle that better serves protocols in the ecosystem.
Solaunch has won first place in the community voting for the Solana Riptide hackathon in East Asia! It’s also climbing the Asian Avalanche Hackathon community leaderboard.We are thrilled to be working on such an ambitious project!
In the near future, Solaunch will launch their own native token, SLH. The SLH will include several utilities, such as staking for incentives, IDO whitelisting, voting for new projects, DAO governance, and minting exclusive NFTs, among others.
Our alliance offers start-up protocols a one-stop solution from marketing to crowdfunding to liquidity management. Protocols will be able to enjoy Solaunch’s contagious marketing to gather early users, and then accumulate essential funding through its IDO platform. What comes next will be accruing infrastructural protocol-owned liquidity with Penguin’s bonding/staking services and growing a strong community via co-marketing.
As a result of our collaborative efforts, we will provide the budding protocol with a buzz community along with protocol-owned liquidity from long-term supporters.
Solaunch is a decentralized crowdfunding platform for fundraising across all major crypto networks. Solaunch utilizes contagious marketing strategies to help NFT, DeFi and GameFi projects at their early stage which facilitates them building communities more quickly. Solaunch aims to provide fair and safe investment opportunities for the blockchain industry.
About Penguin Finance
Penguin is a Liquidity-as-a-Service Platform that offers a one-stop solution for treasury management such as swap, bonding, and staking. A protocol can utilize the bonding service to acquire liquidity instead of renting it. Protocol-owned liquidity can help a protocol survive in the long run by staying with it during a downturn. Instead of fostering short-term involvement, token vesting will allow protocols to match their incentives and communities with their long-term goals.