The Penguin Launchpad is Back: Avalanche’s First & Fairest Fundraising Protocol

3 min readNov 16, 2021

The Penguin Launchpad has been a user-favorite ever since its release. With no KYC and plenty of benefits, we’re bringing it back with many new features, revamped staking mechanisms, and a brand-new UI!

Privacy is a fundamental right.

We don’t like KYC. It eliminates the users’ privacy on a decentralized protocol and puts them at risk of getting their information leaked or stolen. That’s why we set minimum tiers, to help our users remain secure and anonymous on a blockchain protocol that is designed to do just that. What’s the point of going decentralized if your information can then be tracked in a centralized manner and potentially used against you in the future?

Privacy protects both our information and physical safety. Let’s fundraise anonymously!

What’s next for the Launchpad?

We’re removing lock-ups. You’ll no longer have to stake in the Launchpad for 2 weeks and have your funds sit there all whilst the iPEFI Igloo and Iceberg are in full swing. You’ll be able to participate in the Launchpad AND the Iceberg or iPEFI Igloo simultaneously.

The amount of alpha you’ll be able to acquire from holding iPEFI alone will be maxed out.

Instead of staking, users will register. We’ll keep in mind how much iPEFI is in their wallet, staked in the Club, or staked in an Igloo. By combining this aggregate amount and airdropping allocation points on release, we can come up with allocations for every user that registered.

Complete UI Redesign

We understand our present Launchpad design was hard to understand. We’re completely redesigning it and making iPEFI as easy to follow as possible. The Launchpad and Staking pages will be interlinked.

Step-by-step processes and more detailed information of every project, including tokenomics breakdown and their whitepaper on our page.

Lower barrier of entry + higher allocations

Tier minimums are getting lowered, and allocations are getting higher. We’ll have a higher sale amount on the subsequent launchpads and lower the bonuses for the top tiers. They’ll still have benefits, our whales are not against us. They help our project grow and provide important liquidity for the protocol.

Regardless, we want to make this a Launchpad for all. And this is how it all begins.

More projects in the pipeline.

Once we announce a Launchpad partner, we’ll announce multiple. It’s about keeping users engaged, and keeping the community informed.

About Penguin Finance

Penguin Finance is a platform powered by Avalanche, building an innovative set of decentralized applications, financial products, and documentation for technologically savvy individuals and those with absolutely no knowledge of cryptocurrency.

We’re bridging the gap between DeFi and mass adoption by offering ultra-low fees, an intuitive UX design, and the best documentation/tutorials. PeFi is made for penguins by penguins.