Company attributes
Other attributes
Projects that are using Sphynx Swap will be able to make use of the tier system. This tier system is made to give people an indication of how safe the project is. The tier system is based on the following information:
Gold Tier:
1. Certik Audit
2. Doxxed Team
3. Real utility behind the token 4. Third Party KYC
If for example, the token does not meet one of those criteria, they will be placed in a lower tier i.e. silver tier or bronze tier.
If for example, the token does not meet one of those criteria, they will be placed in a lower tier i.e. silver tier or bronze tier.
Silver Tier:
2 or 3 out of from the requirements above
Bronze Tier:
1 out 4 from the requirements above
Presale Directory:
We offer a simple yet powerful tool .We give the ability to our investors to search the projects by tier.This way the investors can decide which token they would like to invest in and quickly see the amount of financial risk is involved in investing their money in that particular token.
Lockers:
Locker utility allows the token creators to lock a part of their tokens and liquidity as well as enable vesting in various kind of ways. This way Sphynx Swap creates a simple yet effective tool for token creators to use and provide extra security measures for the investors.
Fairlaunch:
With our FairLaunch pad we give developers access to enable the use of a FairLaunch. This way the investors all pay an equal amount of money to buy the token. There are no private or presales.
Fairlaunch Directory:
Yet another, yet simple tool that is essential for the safety of the investors, we have a directory where investors can see the projects that have launched through the Fairlaunch method.
Advantages
Liquidity lock for 3 months
One of the main advantages is having the liquidity pool locked of a minimum of 3 months, this way we avoid projects that are willing to list for a quick “rug pull” and we minimize the risk for financial loss to the investors. This is one of the most important safety measures we applied for any token willing to list on the Sphynx Launchpad. We embrace new investors and provide one of the most safest platforms to buy any presale token on.
Token Lock
To be able to list a token of Sphynx Swap the token creators are also forced to lock a certain part of their tokens, to minimize the risk of a big market dump or any other harm that can be done without locking the tokens.The tokens and liquidity lock will both provide a more stable and solid token so that investors have more trust and confidence in buying the token. This will work in the benefit of the token holders as the investors, as there is more transparency and clarity.
Fairlaunch
The tokens listed on our launchpad will be advised to do a Fairlaunch.This means there has to be no private sales, no ICO and no pre-mining. This way all the investors start at equal footing and will avoid massive sell off caused by for example private sell investors that have a huge advantage over public sale.
