PanaStar is a relatively new project built on the Ethereum and Binance Smartchain Ecosystems with a focus on Exchange and Transfer of NFTs, Crypto-collectibles and other Digital Assets. PanaStar concluded its private token sale to well-known crypto Investors and top venture capitalists.
PanaStar will launch a state-of-the-art DeFi 2.0 portal by mid 2022 and aims to raise 5 million dollars from its sale of PanaStar (PTYS) tokens in a global ICO.
DeFi 2.0 refers to a new breed of DeFi protocols that try to solve some of the main pain points of the already existing projects by experimenting with the protocol design and tokenomics. DeFi is a bottom up, open source,permission-less, environment based on “hyper competition” which seeks equilibrium between Yield vs Efficiency.
The experimentation centers around the innovation in the liquidity mining design and is very often associated with protocols owning their own liquidity instead of temporarily renting it out via liquidity mining incentives.
The PanaStar token can be acquired starting on January 15, 2022 through the ICO and its initial purchase price will be $1.25 per token. This ICO process will be executed through a smart contract that guarantees and executes the transaction.
The PanaStar Token you acquire will be gradually unlock new features in the PanaStar DeFi 2.0 Ecosystem, but will also give you priority access to high-yield NFT´s that will be released in April 2022.