Launch Date: On schedule for 30 April
Stage 1 of 3: Initial phase now live
Highlights: Exciting updates on Genesis NFT & DevvDrop
As the countdown to the DevvE Launchpad launch begins, our team is fine-tuning every detail to deliver an unparalleled experience for our community and clients. With rigorous testing and smart contract deployments already in place, Stage 1 is well underway while we continue to enhance features in a phased approach.
Launch Overview and Staging
On Track for 30 April
Our early-stage release is on schedule, meeting the anticipated launch date. At launch, you can expect the initial rollout—Stage 1 of our 3-stage development plan—to be fully operational. This step-by-step approach ensures that every new feature is thoroughly tested, leading to a robust and high-quality platform.
Gradual Feature Rollout
To guarantee quality assurance, all advanced features on our staking platform will be implemented gradually. This measured rollout is designed to fine-tune the user experience on the DevvE Launchpad while maintaining optimal performance.
Updates & Temporary Adjustments in Stage 1
Private & Public Tier Allocations
Smart Contract Deployments
We have successfully deployed smart contracts that manage DevvE staking and tier allocations through our bespoke distribution algorithm. These contracts calculate each user’s total stake and apply a multiplier based on the length of the lock-up period—ensuring fair tier assignment and transparent rewards.
Public Sale Adjustments
While the Private Sale contracts are fully operational, the Public Sale smart contracts are still in development. For now, initial Launchpad offerings in Public Sale rounds will follow the same formula used in Private Sale allocations. Rest assured, this temporary measure is set to have minimal impact, as the platform already factors in USD-based pledges.
Seedling Lottery System
For the Seedling tier, instead of using a lottery system for a 1x Private Sale allocation, all DevvE locked stakers will receive a 1x allocation. This temporary adjustment streamlines the process and will be reviewed for alignment with the original documentation at a later stage.
DevvDrop Rewards
Launch and Vesting
The inaugural DevvDrop will be announced shortly after staking begins, launching our rewards program. This reward system is managed by an independent smart contract that vests tokens over a 12-month period, based on the percentage of total DevvE tokens locked by each user.
Reward Details
- First DevvDrop: The initial drop will feature $FIAS, with an allocation of 3,000,000 tokens (valued at $240,000 at TGE).
- Future DevvDrops: As new projects debut on the Launchpad or the DevvExchange, users maintaining their locked DevvE tokens will qualify for additional reward pools. These rewards will compound over time, unlocking full reward potential through continuous vesting.
Genesis NFT Distribution
Rewarding Early Supporters
Our early community members are the backbone of our success. To express our gratitude, we are releasing an exclusive Genesis NFT drop. These NFTs unlock numerous benefits, including:
- Access to exclusive private deal flow on the DevvE Launchpad
- Discounts on the upcoming DevvExchange
- Reduced prices at our forthcoming DevvMerch shop
- Voting rights on future launchpad project decisions
Eligibility Criteria
To qualify for the free Genesis NFT, stakers must be at Tier 2 or above, lock their tokens for at least 9 months, and stake a minimum of 1,000 $DEVVE—all within 40 days of the Launchpad’s go-live date. Stay tuned for more detailed eligibility instructions in upcoming communications.
Additional Features and Improvements
7-Day Cooling Off Period
During Stage 1, the 7-day cooling off period will not be active. All pledges are executed through immutable smart contracts, with plans to introduce this feature in later development stages.
Enhancing UI/UX
Following the successful deployment of our initial stage, we have a detailed roadmap for comprehensive UI/UX improvements. Our immediate focus has been on the robust execution of smart contract functionalities, ensuring that the platform performs flawlessly at launch.
Final Preparations
We’re in the final stages of integrating essential elements, such as our KYC provider, which has encountered minor delays. Nevertheless, we are pleased to report that all systems are progressing smoothly, and we are eager for you to experience the DevvE Launchpad firsthand.
Thank you for your continued support and enthusiasm as we bring this revolutionary platform to life.
– The DevvE Team
Source: DevvE Launchpad Update
