Leonicorn Swap is preparing to make big moves in the DeFi and NFT space in 2022. The decentralized exchange will launch many new features, including an NFT marketplace and a launchpad.
Leonicorn Swap is an up and coming dual token DEX platform built on the BINANCE Smart Chain. Through advanced features, unparalleled dedication to security, and an ambitious roadmap the platform is set to explode onto the DeFi scene in 2022.
Over the next few months Leonicorn Swap will start releasing many exciting new features, including a multi-chain NFT Marketplace, multi-chain Prediction Market, and an Initial Jungle Offering (IJO) launchpad. On the 14th of January, the first of these features launched: the Leonicorn Swap IJO launchpad platform.
Annihilation debuts on IJO Launchpad Platform
The partner project chosen for this inaugural IJO is Annihilation, from Crisis Entertainment. Annihilation is an innovative play-to-earn multiplayer 5 vs 5 and a sixty-player battle royale shooter game (similar to the famous Fortnite). Annihilation will feature its own internal economy in which they will use the Annihilation token (ANCE) as the in-game currency for the purchase of skins, weapons, player traits, and NFTs.
Initially available as a mobile game on Android devices, the Annihilation team has a detailed roadmap in place which includes playable NFTs, blockchain integration, and a desktop release over the coming months. Full details, as well as the roadmap and whitepaper, can be found on their website at https://annihilationmobile.com.
The IJO will take place on the Leonicorn Swap Dex platform, using a simple ‘stake for allocation’ model. To receive an allocation, users must first buy and then stake the Leonicorn Swap native LEON token. Once purchased, they need to lock their LEON tokens within the DEX’s Locked Staking function for a minimum of 30 days. During that time they will earn rewards in the form of additional LEON tokens. With all of these tokens being released to the user at the end of the locking period. Once locked, users will be eligible to commit BUSD, equal to the value of their locked LEON tokens, to purchase ANCE tokens.
The IJO offers users a choice of a Basic Sale or an Unlimited Sale, which run concurrently. The IJO tokens will be divided between the basic and unlimited sales with 20% and 80% assigned to each sale respectively. The Basic Sale is designed to offer smaller investors a fair opportunity to compete for an allocation, though users are free to enter both sales if they wish. After completing the sales, users will receive their share of the IJO tokens, together with any unused BUSD.
The Basic Sale is limited to $100 worth of BUSD, but is free from any participation fees. The Unlimited Sale allows users to commit any value of BUSD, up to the value of their locked LEON tokens. However, this is subject to a participation fee. On completion of the Annihilation IJO, ANCE token holders will find exciting investment opportunities available on Leonicorn Swap, such as farming pools.
Shortly after completion of the first IJO, the next IJO project will be launched, and users who still have LEON tokens locked will remain eligible to commit their BUSD in this IJO as well.
The Annihilation IJO (ANCE) is now live on https://dex.leonicornswap.com.
Predictions Feature on Leonicorn Swap
In addition, Leonicorn Swap is poised to launch its multi-chain predictions market, a true industry first. On this market users will be able to partake in exciting fast-paced price prediction markets to win prizes. Initially markets will open for BNB, ETH and MATIC (Polygon), but Leonicorn Swap will not stop there. The team is planning an expansion with other markets following in due course.
Predictions consists of a game where users test their analytical powers and pit themselves against each other, by predicting whether the price of their chosen currency will rise or fall over the course of a five minute window. If predicted correctly the player wins a prize, paid out in the form of that currency.
With so many new features, and offerings, on the horizon from Leonicorn Swap, there is an opportunity to become part of something early on. In addition, the platform offers a chance to join an exciting protocol with plans for expansion into multi-chain and cross-chain. We look forward to watching this sleeping giant grow to its full potential.
To learn more about Annihilation, please check out the official website or join the team on Twitter, Discord or Telegram. Those looking to give the game a try, can find the beta here. When you want to find out more about Leonicorn Swap and the new launchpad, go to the website. You can find the team on Discord, Github, Medium, Telegram, Twitter and more.
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