$LADZ is LIVE on Polygon!
Our Layer 2 adventure begins on ComethSwap...
*none of the following should be viewed as investment advice, please do your own research before investing in any form of cryptocurrency asset, $LADZ is a social utility token and should NOT be viewed as a speculative investment*
The $LADZ token has officially made it’s migration to the Polygon Network via ComethSwap!
The Ethereum Layer 2 solution will allow $LADZ access to new partnerships, diverse use cases, and most importantly a gas-free environment for both our community and team to experiment in!
Building on Ethereum has been AMAZING, and we will continue to support both our ecosystem and business development on the best blockchain network in existence. Having said that, anyone who interacts with the Ethereum network on a consistent basis understands it can be extremely hard or even impossible to onboard and experiment with daily ever-present gas fees.
Therefore, we’ll be working with ComethSwap to build out a $LADZ presence on Polygon and have an ever growing role in expanding that network via community initiatives and partnerships.
Noble Vote and Creation
The highest holding members of $LADZ (5000 $LADZ or above) are called Nobles. Collectively they make up the beginning frameworks for our DAO, which will be formalized and voted upon in the coming months. These Nobles have a say in the direction of LADZ City, the $LADZ social utility token, and the community as a whole. In accordance with that ethos, the proposal below was laid out and voted upon before execution.
[Proposal #3] Migrate $LADZ to the Polygon Blockchain via ComethSwap bridge and pools (LADZ/MUST or LADZ/MUST AND LADZ/wETH). APY to be provided by $MUST and $LADZ team to incentivize initial liquidity and sustainability. The agreement with MUST team also requires an OTC Swap 1:1 between LADZ and MUST teams...$5000 USD of respective token from each projects treasury.
Voting: If you would like to participate please leave a: 1 - YES for LADZ/MUST 2 - YES for LADZ/MUST AND LADZ/wETH 3 - NO for BOTH 4 - Abstain
Final Result: 69.5% Vote in favor of Option 2
Current Polygon Pools
With the vote finalized, we now have the creation of two pools on the Polygon Network. Both of which are incentivized via a yield (APY) based on several different factors, most importantly amount of total liquidity.
These pools are currently providing weekly rewards thanks to the Cometh Treasury and we want to thank them for their support in this process! Stay tuned for an announcement later this week, as $LADZ rewards will possibly be added to this reward pool to incentivize further stability!
Additionally $LADZ will also collaborate with Cometh’s DeFi+NFT game platform, to launch $LADZ themed NFTs that can be utilized within their application! Expect more details in early June!
Interested in getting involved? Have questions about the pooling process?
Head to our LADZ City Discord and get in touch with a moderator or admin who will answer any and all questions regarding our move to Polygon.