Cheemspad is a part of the upcoming Meme.Tech website being launched by the Cheems Inu team. It will consist of several tools to assist and teach developers on the Binance Smart Chain.
a) Multi-chain Incubated Launchpad Service
Developers can apply to have their project incubated by Cheemspad. This will include financial raises, pre and post launch marketing, audits and networking assistance.
Holders of the to-be-launched Cheemspad (CPAD) token will get priority access to all incubated launches. 2% of every raise will go to buying and burning CPAD tokens.
Each launch will be preceded by a contest where the 10 participants who commit to burning the most Cheems Inu (CINU) tokens will be whitelisted.
b) Presale Service
Anyone can use Cheemspad to create and launch their own presales. There will be whitelisting and criteria token capabilities.
Unlike other presale sites, Cheemspad will not collect tokens as payment so there is no chance of unethical selling.
2% of all fees collected (in BNB) will go towards buying and burning CINU tokens.
c) LP locking and token vesting
Teams will be able to lock liquidity tokens, team wallets and create linear vesting schedules for private and presale and contributors.
Fees will be payable in BNB or by burning CINU tokens.
2% of all fees collected (in BNB) will go towards buying and burning CINU tokens.
ALL PHASE 2 SERVICE FEES WILL MAXIMIZE CINU BURNS WHEREVER THEY CAN
Just like the rest of Meme.Tech, all advertisements on Cheemspad are paid for with 50% BNB and 50% CINU, which is then burned.
There will be a presale before the Meme.Tech launch that will be open only to holders of more than 80,000,000,000,000,000 Cheems Inu (CINU) tokens.
Initial Supply = 200,000 CPADInitial Burn= 40%Presale: 45,000 CPAD tokens will be sold at a price of $4.20 each.Vesting Schedule: Tokens are released every minute at a steady rate of 2% per day. Contributors can choose when to claim their accumulating tokens. This system will eliminate chart dumps at predetermined mass unlock times. Launch Price: $4.40 per CPADStarting Market Cap: ~450k
TAX: 7% per transaction
3% Liquidity Pool2% Buy and burn CINU2% Marketing/Development
Approximately 3 hours after launch, a second liquidity pool will be created between CPAD and CINU.
What does this mean?
Users will be able to directly trade their CINU for CPAD to participate in upcoming launches without effecting the CINU/BNB price. After a launch, users could then trade their CPAD back for CINU without tanking the CPAD price.
This will add price stability to CPAD and let CINU holders participate in launches without them needing to make further investment.