Coin98 and Impossible Partner to Boost C98 Utility on Launchpad
Coin98, a multi-chain cryptocurrency wallet, has announced a partnership with Impossible Finance, a DeFi-native ecosystem of multi-chain products, to provide C98 staking service on the Impossible Finance launchpad.
This partnership will enhance the utility of the C98 token and expand the platform’s services, providing greater flexibility and participation for DeFi users.
The “Stake to Earn” approach is a fair allocation method for launchpads, where users stake tokens for opportunities to invest in launchpad project tokens. This collaboration will allow Coin98 to broaden the choices available for DeFi users and streamline the investment process. Users can now stake C98 for allocations into upcoming IDOs and purchase tokens directly with C98.
Impossible Finance’s launchpad has been conducting numerous IDOs, attracting over 1.8 million users to the platform, with more than 38,000 on-chain holders. By adding C98 as a staking token for launchpad allocation, users can enjoy greater flexibility and participate in Impossible’s IDO launches with their current C98 token holdings.
This move reinforces Coin98’s dedication to designing C98’s token utility, encouraging the adoption of DeFi, and forging a more accessible future for finance. The partnership will also expand the prominence and adoption of C98 and make it a versatile asset in the DeFi space.
Coin98 is consistently attempting to form solid networks with a diverse group of industry players to improve the use cases for the C98 token. The company is preparing for the impending incredible movement, with Web3 technology driving us toward a new era of decentralization.
Impossible Finance is the go-to crypto investment platform that empowers users with high-quality, fair, and accessible crypto opportunities. It simplifies DeFi, allowing users to enjoy fairer investing, cheaper trading, and better yields through its accelerator, launchpad, and swap platform.
This partnership between Coin98 and Impossible Finance will undoubtedly bring new opportunities for DeFi users and create a more accessible future for finance.
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