Mudra Brings Liquidity Locking Platform to the BSC Network
07/11/2021, Boston, MA // PRODIGY: Feature Story //
There are plenty of crypto exchanges, such as PancakeSwap, generating market liquidity for investors to buy and sell tokens without causing drastic price fluctuations. However, such liquidity pools have been targeted by unscrupulous crypto developers using a common scam - the ‘rugpull.’
This fraudulent practice involves developers launching new tokens and marketing them aggressively. Having achieved a considerable amount of investment, the developers then withdraw the liquidity pool. The result is that investors are left with practically worthless coins.
Liquidity locking is a way of preventing such scams, so it is something that investors are keen to have. Therefore, liquidity locking gives coins legitimacy and investors an element of security. Common issues with liquidity locking are that it comes with high costs and complex processes.
However, Mudra has recently introduced a next-gen liquidity lock platform to the Binance Smart Chain (BSC). This locker has plenty of features and is more affordable than other BSC liquidity lockers. You can now lock your liquidity instantly by transferring your tokens into Mudra’s time-lock contract.
The system utilizes a QR code-based verified lock certificate to share the locked duration, providing investors with confidence in their investments. Mudra provides this confidence with the lowest charges but still with the best features. One such feature, extending lock duration, comes with no charge at all. As a result, Mudra has become the fastest-growing liquidity locking platform in 2021. It already has more than one thousand projects signed up within weeks.
Mudra is an innovative BSC asset manager, which has introduced several ground-breaking BSC investments and development products. Mudra Token Research brings to the market the first comprehensive BSC token scanning tool. Mudra Research helps investors avoid scams such as ‘honeypots’ and ‘rugpulls’ through blockchain data analysis and smart contract code. With the Mudra BEP-20 Token Generator, you can create BSC tokens in seconds. It is the easiest token generation method and has cutting-edge features: honeypot-proof code, anti-whale mechanics, verified contracts, automatic liquidity generation, fee rewards to holders, hyper-deflationary buyback, and more.
For more information, visit the Mudra site at https://mudra.website.
Release ID: 24699
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