Tadpole Finance Monthly Report
January 2022
Hello Tadpole Breeders, how have you been? we hope you breed a lot of TAD tokens already!
We’re here again to give you an overview of everything we’ve worked on in the past month of January 2022.
TOKEN DISTRIBUTION
#Circulating Supply
By January 31th, 2022, the circulating supply of TAD tokens is 50.9% or 508.898 TAD from 1.000.000 TAD. It is already above 50%, in most cases, circulating supply and total supply impact the price of a token, we can assume that the value of the TAD token will be going up in the future
DEVELOPMENT PROGRESS
# New Token Listing on Saving and Lending Platform
In February there will be a new token listing on the Saving and Lending Platform, so this January, we focused on the technicalities of adding the new token. More new tokens will be listed on this platform and we are optimistic that the Saving and Lending Platform will be more well known.
# Preparing Airdrop event
Big event is coming!. This January our Dev Team is focused on preparing for Airdrop Event, about what the distribution system is like, and so on. Finally we decided that there would be 12 rounds for this airdrop with a total of 10.000 TAD will be distributed. Surely this event will increase the price of TAD and more people will get to know the DeFi system.
COMMUNITY BUILDING
# Tadpole Games
To make people aware of the existence of Tadpole Finance on Twitter, we made a giveaway with games!. The total prize is 10 TAD for 5 lucky winners. So much fun and increase the number of followers & engagement rate.
# What They Said
That’s it for this month. Thank you for your support and let’s look forward to better growth next month!
Warm Regards,
Tadpole Finance Team
What is Tadpole Finance & TAD Token?
Tadpole Finance, a DeFi lending protocol initiated by Indodax and Tokenomy, has been deployed on the Ethereum and Binance Smart Chain network. Especially for the saving and lending platform, it was built on Binance Smart Chain. With Tadpole Finance platform, users are able to deposit cryptocurrencies and earn interest or borrow other crypto assets. Also, Tadpole Finance provides bridge as a tool for the crypto developer to convert their ERC20 token to BEP20 token.
The TAD token has two functions. TAD BEP20 is for paying the listing fees on the saving & lending platform or as a bridge fee for transforming ERC-20 to BEP20 token
TAD ERC20 is used for governing and allowing holders to vote on proposals for updates or changes to Tadpole Finance’s protocol.
The total supply is 1,000,000 TAD.
Genesis Mining : 20% (ended)
Platform Liquidity Mining : 50% (on going)
DEX Liquidity Mining : 20% (ended)
Development and Marketing : 10% (on going)
👥 Follow Tadpole Finance:
👉 Website : https://tadpole.finance
👉 Twitter : twitter.com/TadpoleFinance
👉 Telegram : t.me/TadpoleFinanceChannel
👉 Medium : tadpolefinance.medium.com
