Ape On, a Solana-based launchpad platform, is setting new standards for DeFi through its token-locking feature, which enhances security and transparency.
According to the Ape On team, the project employs the ground-breaking token mechanism to reshape DeFi. This mechanism provides utmost security and unmatched transparency for all users. Since its launch, Ape On has become the go-to place for creators looking to build and grow on the Solana ecosystem. Creators now have a platform to launch their tokens quickly, simply, and transparently.
This feature also allows investors to lock their tokens securely and free from any pending threats, including early token dumps. This has tremendously motivated many investors to participate in early-stage projects. As a result, the token lock feature consequently ensures the survival of projects past the crucial early stages after the launch.
While commenting on the project, Joe George, the CMO of Ape On, stated:
“As the most trusted platform for launching and buying tokens, Ape On sets a new standard in the Solana ecosystem. Our token locking feature guarantees that creators are committed, while investors have the peace of mind that their assets are protected from potential market manipulation. Ape On is more than just a token launchpad—it’s a secure, community-driven platform that protects creators and investors. We’re proud to be the safest and best place to launch and buy tokens in the crypto market.”
 
In addition to the token lock, Ape On has many other unique features, including the Badge system for transparency, influencer and creator rewards, and user-centric project deployment. The Badge system is designed to provide a clear status update on all projects, allowing investors to make well-informed investments. The influencer and creator rewards mechanism will enable influences to get 20% of liquidity provider rewards while creators get to share 10%. In addition, the platform enjoys low transaction costs using the Solana blockchain, making token launch faster and more affordable.
Ape On is still under development and will announce more exciting features soon. The project’s team is working towards the main net launch scheduled for October 20th, 2024.
For more information, visit the Ape On website.
Source: https://zycrypto.com/ape-on-reshaping-defi-on-the-solana-blockchain-with-its-unique-token-locking-feature/