The $LYP token sale is coming to Polkastarter. Lympid is a regulatory-compliant platform that is unlocking trillions of dollars on-chain by allowing the issuance and trading of premium RWAs. Learn everything you need below
Today, we are excited to announce Lympid IDO coming soon on Polkastarter launchpad – project page here !
This marks an important milestone for us, following our participation in the Poolside Accelerator earlier this year.
During this time, we've been focused on growing our community, improving our platform, and expanding our investment products offering. Now, we're excited to introduce our ecosystem token: $LYP.
Tokenized Premium Assets Lympid offers a unique gateway to access tokenized premium assets. Our platform allows you to own a piece of the most exclusive assets, previously only available to High Net Worth Individuals and Institutions. Through tokenization and fractionalization we are creating not just a more democratic primary market but also a more liquid secondary market to trade these pieces.
Lympid has already launched US Treasuries,Luxury Watches and Horses and is now working to bring other new categories such as Luxury Handbags, Curated Art and Premium Real Estate. Asset by Asset, Lympid is on a mission to provide the tokenization of all the Premium Real World Assets.
The Path to the First $100M RWA At Lympid, we currently have a Pipeline of +$100M Real World Assets committed to the platform with +$5M processed over the past months. The assets we are issuing have been made available through various partnerships with leading experts, curators and dealers in several Real World Asset’s segments and that’s a key strength we will be pursuing in order to access exclusive opportunities and also ensure assets’ high quality.
With the backing and partnership with 1inch, a leading decentralized exchange aggregator, Lympid aims to optimize the trading of tokenized real-world assets by ensuring the best possible prices through aggregated liquidity. Simultaneously, being one of the first elected startups to participate in Chainlink Build Program, is allowing us to continuously improve the security and ensure authenticity and reliability of real-world asset data on Lympid's platform. Last but not least, having Anchorage Digital, also a top notch crypto player, as a partner on business and security of the platform, brings strong validation to our product.
The $LYP Token Powers the RWA Tokenization The $LYP token is central to our RWA tokenization ecosystem, offering several functionalities:
Early access: Stake $LYP and be the first to invest in the initial sale of RWAs.Higher allocation: More $LYP can give you higher allocation in primary deals.Exclusive perks: Stake RWA tokens alongside $LYP to get RWA privileges like VIP seats at Longines Cup, stays at tokenized real estate, and much more.Liquidity Pool Rewards: ability to provide liquidity to the secondary markets of RWAs available and earn a fee on trades.Safety Module: Stake $LYP tokens as a primary mechanism to secure the RWA smart contracts and receive rewards, in the form of Safety Incentives.Higher % profits and lower fees : Stake $LYP to earn higher profits on APY products and benefit from lower fees when transacting.Governance: Have a say in the next asset to be tokenized and community treasury
With the upcoming $LYP IDO on Polkastarter, we aim to increase our reach, expand our community, bring more RWA on-chain and enhance our revenue model. Stay tuned for more details about the sale and its dates.
About Polkastarter Polkastarter is a fully decentralized protocol for launching new ideas. Our curation process and industry access enable us to offer the best new projects in blockchain and digital assets. With Polkastarter, decentralized projects can raise awareness, build a loyal community, and receive long-term support. Users of the platform will be able to participate in a secure and compliant environment and use assets both in and beyond the current ERC20 standard.
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