SNEAK PEEK
- PsyDex is a decentralized exchange (DEX) and meme coin launchpad aiming to disrupt the crypto industry with its native token, LOYAL.
- PsyDex offers unique features such as distributing 25% of LP profits to BEN Coin holders through weekly airdrops, fostering loyalty among the community.
- PsyDex has chosen Unicrypt as the custodian of its liquidity to ensure the safety and security of users’ funds.
PsyDex, a promising decentralized exchange (DEX) and meme coin launchpad, is set to disrupt the crypto industry with the introduction of its native token, LOYAL. With an aim to bring back the spirit of decentralization, PsyDex emerges as a formidable competitor to Uniswap, offering innovative features and unique benefits to its users.
In a recent tweet thread by Ben Amstrong, the founder of PsyDex, several key details regarding LOYAL’s launch and its associated initiatives were revealed. One of the standout features is the distribution of 25% of LP (liquidity provider) profits on LOYAL to BEN Coin holders through weekly airdrops. This incentivizes investors to participate actively in the ecosystem and fosters a sense of loyalty among the community.
4. 25% of LP profits on $LOYAL will get airdropped each week to $BEN Coin holders.
5. 25% of LP profits on $LOYAL will go to fund our crypto adoption initiatives with $BEN Coin (from $ETH side)
6. Liquidity will be kept on Unicrypt so it’s safe.More ⬇️
— Ben Armstrong (@Bitboy_Crypto) May 30, 2023
Additionally, PsyDex demonstrates its commitment to crypto adoption by allocating another 25% of LP profits on LOYAL towards funding various initiatives with BEN Coin, which will further drive the growth and acceptance of cryptocurrencies. This strategic move highlights PsyDex’s vision of contributing to the broader blockchain ecosystem beyond its own platform.
To ensure the safety and security of users’ funds, PsyDex has chosen Unicrypt as the custodian of its liquidity. By leveraging Unicrypt’s robust infrastructure, PsyDex aims to provide a rug-proof environment for its users, minimizing the risks associated with fraudulent activities that have plagued the crypto space.
While further details and developments are yet to be unveiled, Ben Amstrong emphasized the involvement of a top-tier development team, indicating the project’s commitment to delivering a cutting-edge platform and an enhanced user experience. This dedication to excellence positions PsyDex as a force to be reckoned with in the evolving DEX landscape.
The much-anticipated launch of the LOYAL token is scheduled for tomorrow, signaling an exciting new chapter for PsyDex and its community. As the countdown begins, investors and enthusiasts eagerly await the opportunity to participate in this groundbreaking venture.
As PsyDex embarks on this journey, it aims to redefine the decentralized exchange sector and meme coin launchpad landscape by introducing innovative features, emphasizing decentralization, and fostering a strong community spirit.
With LOYAL as its flagship token, PsyDex is poised to make a significant impact on the crypto industry, providing users with a platform that combines innovation, security, and a commitment to driving widespread crypto adoption.
