LESSPAD TIER ANNOUNCEMENT

About LessPad

The Less Network team has been developing a decentralized and community owned IDO launchpad for early stage innovative projects, which supports Binance Smart Chain, Ethereum and Polygon in one place: LessPad.

1. Staking

In order to participate in token presales, holders have to stake $LESS on LessPad App. While $LESS will be available on all major blockchains (currently Ethereum, Binance Smart Chain, Polygon and Tron), the staking on LessPad will be only for $LESS on the Ethereum Chain (ERC20). Do not worry; you can swap your LESS between chains at any time through our bridge: https://bridge.less.xyz

By staking your $LESS you qualify for presales of new coins on any chain supported on LessPad. The more $LESS you stake, the better your conditions.

Staking Rules

Staking Rules
- Staked $LESS stays unlocked at any time so you can unstake immediately
- Unstaking $LESS comes with a penalty of 1%
- 0.5% will be distributed to other stakers
- 0.5% will be burned

4. Tiers

Tier 1: Knight

  • Staking requirements: 1000 $LESS
  • Pool size: 15%
  • Lottery-based; one ticket for each 500 $LESS

Tier 2: Bishop

  • Staking requirements: 5,000 $LESS
  • Pool size: 20%
  • Lottery-based; one ticket for each 500 $LESS

Tier 3: Rook

  • Staking requirements: 20,000 $LESS
  • Pool size: 15%
  • Guaranteed Allocation

Tier 4: Queen

  • Staking requirements: 50,000 $LESS
  • Pool size: 20%
  • Guaranteed Allocation
  • Private Pools
  • NFT Airdrops

Tier 5: King

  • Staking requirements: 200,000 $LESS
  • Pool size: 30%
  • Guaranteed Allocation
  • Private Pools
  • NFT Airdrops
  • Staking Rewards

The tier system can be subject to adjustments in the future if necessary.

Conclusion

Combining all that in one place provides greater accessibility and usability for you and others. This leads to broader adoption and an increasing value of the whole Less Network. LessPad is just the first of four products we are developing in order to provide you all the Defi solutions you love and need in one place. On LessPad everyone can be an investor with early access to new innovative gems.

Important Links

⦁ Homepage: ⦁ https://www.less.xyz

⦁ Twitter: https://twitter.com/LessToken

⦁ Medium: ⦁ https://less-token.medium.com

⦁ Telegram: https://t.me/lesstokenann

⦁ CoinGecko: https://www.coingecko.com/en/coins/less-network

⦁ CoinMarketCap: https://coinmarketcap.com/currencies/less-network

⦁ Github: https://github.com/lesstoken

--

--

--

Less.xyz | Next Generation Cross-Chain DeFi Products

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

The Biggest String of Updates in CryptoBlades History: Monumental Change is in the Air

Shrouded Playground NFTs are now on Zignaly.com! 🎊

Calling All Creators!

Due to the current high Ethereum gas price, contract deployment will be delayed.

Recapitulation of Stobox AMA event held at AMA LOVERS CLUB

8 days in and 50 NEW services on the CMA Marketplace!

The Starter Ecosystem is Growing

Busha Partners with Termii to Power Seamless Authentication of customer transactions

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Less.xyz

Less.xyz

Less.xyz | Next Generation Cross-Chain DeFi Products

More from Medium

“Cryptocurrency Tax” — the rise of Axelar might help?

How to use SafeBridge the SafeCoin — Ethereum bridge

Ethereum’s Buterin Proposes Multidimensional Structure to Address High Gas Fees

Ethereum’s Buterin Proposes Multidimensional Structure to Address High Gas Fees

Sphynx Network Integrates Chainlink VRF to Help Randomize NFTs and Gameplay