DEFI100 IDO is launching on BakerySwap
Recently several IDO projects on BakerySwap Launchpad have achieved good data performance. However, there are more awesome projects whose applications are confirmed and are temporarily in the schedule for launching. Now we plan to start DEFI100 first, which has a special and interesting economic mechanism, let’s check it.
DEFI100 is a Synthetic Index Fund Protocol based on the Elastic supply token principle and pegged to DeFi Sector Market Cap at the ratio of 1:100 billion. DEFI100 is the first rebase project on #binancesmartchain that is pegged to the DeFi market cap and is powered by powerful decentralized oracles.