Unicrypt Protocols Transforming DeFi : focus on the ILO Platform

The Unicrypt Network ILO platform is actively contributing to bring DeFi to the next level. Each ILO (presale) must lock between 30–100% of the raised currency as counter liquidity to the sale token.This measure instills confidence in DeFi by guarding liquidity providers against rug pulls, where a project’s team can withdraw all liquidity from the AMM (e.g Uniswap) without informing investors.The new Launchpad is making a reputation for itself as the cross-chain ‘Uniswap for presales’ — any DeFi startup can host its token sale on the platform in a similar manner to how any token is free to list on Uniswap. An additional human layer of audits and KYC is available on their ILO platform. This allows auditors and whitelisted KYC partners to comment and update the status of each ILO taking place.Unicrypt’s presale platform benefits new projects by allowing them to lock liquidity while avoiding problems like lack of funding, promotions, support, and much more as they are willing to help in the incubation of new stellar projects.This launchpad is designed to offer DeFi projects an alternative to platforms like PolkaStarter or TrustSwap pads that impose stringent requirements for applications.Recent ILOs hosted on UnicryptThe Unicrypt network platform is proud to announce the successful completion of the Graphlinq presale, which sold out in 20 seconds on the Unicrypt initial liquidity offering (ILO) platform.During the public sale held on March 21, participants received the project’s native ERC20 token, GLQ; they can now use the token to execute diverse processes over the blockchain to trigger events, automate tasks and more.Unicrypt has now cemented its partnership with the Graph Linq protocol and will soon introduce enhancements to its lockers tracking, ILOs and data analytics tools.Unicrypt’s fully decentralized and automated presale platform also recently hosted the Panda Dao public sale on Binance Smart Chain…