Market cap
$33.29K
-0.36 %
Volume (24h)
$1.11K
-0.36 %
Circulating supply
250,136,967 VLXPAD
Total supply
433,049,390 VLXPAD
Max. supply
1,000,000,000 VLXPAD
VelasPad (VLXPAD)
$ 0.00
-0.36 %
Main info
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Key data
updated $0Market cap$33.29K
Volume 24h$1.11K
Circulating supply250.14M25% of max 1B
All-time high$1.31-100% from peak · 2021-11-09
VelasPad (VLXPAD) is the native token of a launchpad platform built on the Velas blockchain, which combines Solana's architecture with an AI-optimized delegated proof-of-stake consensus. In plain terms, it's a token that powers a service where new crypto projects launch token sales, and holding VLXPAD typically gives users access to those early-stage offerings. The platform also emphasizes security features like anti-bot and anti-rug mechanisms to protect participants.
Frequently asked questions
What is VelasPad and how is it different from other launchpads?
VelasPad is a launchpad operating on the Velas blockchain, which is EVM-compatible and based on Solana's high-throughput technology. Its main differentiators are built-in anti-bot and anti-rug tools, plus a tiered participation system where your VLXPAD holdings determine your access to token launches. Unlike many launchpads, it focuses heavily on filtering out malicious projects before they reach investors.
How does the underlying Velas blockchain technology work?
Velas uses a delegated proof-of-stake consensus enhanced by artificial intelligence, called AIDPOS, which optimizes validator selection and network performance. The chain inherits Solana's architecture, allowing it to process transactions quickly and cheaply while remaining compatible with Ethereum tooling. This combination aims to deliver high throughput without the congestion common on older blockchains.
How is VLXPAD token issuance structured?
VLXPAD has a fixed maximum supply, meaning no new tokens can be minted beyond that cap. A portion of tokens is periodically burned, which steadily reduces the circulating supply over time. The distribution was allocated across staking rewards, liquidity, and ecosystem development according to the project's published tokenomics.
How can I store and use VLXPAD tokens?
Since VLXPAD is an SPL-standard token on the Velas chain, you can store it in wallets that support Velas, such as Sollet or the official Velas wallet. Holding and often staking the token grants tiered access to launchpad sales and other platform features. Always verify the official contract address before transferring to avoid fake tokens.