∑dApps Group will form "DeCartel". $LAY Token Sale will be held with fantastic rewards from all member dApps
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
DeCartel is a new type of alliance, which is formed by several promising DeFi dApps, led by Starlay Finance, No.1 TVL on Polkadot and ArthSwap, No.2 TVL on Astar Network.
Based on the concept that DeFi should be a more accessible service for more people, it was formed to simplify the complexity of DeFi structure and to enable users to safely receive a stable revenue.
They agreed to avoid sterile competition among dApps and to contribute to the growth of the Astar Network as a whole in the medium to long term.
Currently, the following dApps are members, with over USD 500M TVL.
In addition, there are several dApps currently in development that are expected to join in June.
For more information about DeCartel, NEO, Founder of Starlay Finance, has published the following article.
https://mirror.xyz/neo-defi.eth/z0OpwwTx1SgpHZSkavM7I6bCkflPnZ79YUwPWMRRNWA
DeCartel has announced that it will take various measures to enable users to enjoy stable revenues. One of the strategies is “Mutual Airdrop”.
If users hold tokens for DeCartel members’ dApps such as $LAY or $ARSW, tokens for other DeCartel member dApps will be distributed irregularly . The amount of $KGL and $MUUU distributed to users will depend on the amount of $LAY and $ARSW they have.
This is not a one-time event, but rather events that will be offered irregularly over and over again.
Starlay Finance will hold its 2nd token sale from 11:00 UTC on May 13 to 11:00 UTC on May 15. It already has gathered attention after their 1st token sale, which sold out in just 5 minutes for USD 750K.
In contrast to the 1st token sale, this token sale has no cap on the amount sold, so there is no concern that it
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