StarLaunch is the insured launchpad and project incubator for Solana. Our goal is to connect our community of backers with trusted and thoroughly vetted Solana blockchain projects.
StarLaunch offers insurance protection to its backers for every IDO launched on its platform for a period of 3 months post-IDO, until a launched project functions as proposed, and a product is delivered. In the rare event that a project doesn’t go as planned, whether due to a DeFi exploit, vaporware, or team wrongdoing, the insurance payout will provide every IDO participant a refund of their original allocation amount in USDC.
StarLaunch takes an approach to the IDO allocation model with a dual token system that features both a deflationary primary utility token ($STARS) and a secondary utility token, “Hydrazine” ($N2H4), which is used to gain access to IDOs.
Brief overview:
- $STARS can be staked in the Fusion Vault to generate $N2H4.
- $N2H4 can be burned to secure an allocation in an IDO.
- Allocations can then be purchased during the IDO's whitelist sale using $USDC.
