Red Kite and Bunicorn Collaboration on Post-IDO Support for BSC-based Projects on Red Kite Launchpad

We are delighted to partner with Bunicorn, a highly performed AMM DEX on BSC. This collaboration will play a critical strategic role in providing post-IDO support for BSC-based projects on Red Kite.

All projects built on Binance Smart Chain, which conducts IDO on the Red Kite launchpad, will be promptly listed on the Bunicorn AMM DEX under the terms of this arrangement. This means that BSC-based projects on Red Kite will take advantage of the bootstrapping benefits of Bunicorn’s listing, including efficient capital liquidity, project support features, and a community of over 60,000 members while remaining fully secured.

Bunicorn utilizes the most advanced AMM models available for BSC LPs, including Balancer-style liquidity bootstrapping pools (LBP) and Kyber-style amplified pools. Additionally, this DEX will provide numerous opportunities for Bunicorn-listed companies to grow, including Capital Efficiency, Fair Distribution, and NFT Collectibles. Meanwhile, security is ensured through the security-certified services offered on Bunicorn by Hacken.io, a well-known cybersecurity investigation firm.

Stated Thi Truong, Founder & CEO of PolkaFoundry: “Red Kite is a community-oriented launchpad. That’s why we always look for DEX to protect the community from harmful bots and malicious manipulation. We are very excited with the prospect that Bunicorn enlightens and willing to recommend projects to list on Bunicorn after doing IDO on Red Kite.

We are very positive about this collaboration with PolkaFoundry. Both parties will be supporting each other back and forth in terms of technology solutions and community expansion. We specifically believe in Red Kite’s eyes in selecting the best projects to onboard our users. We look forward to co-welcoming the strongest candidates in the crypto space!” shared Phuc Nguyen, Founder & CEO of Bunicorn.

Bunicorn is officially conducting its IDO on Red Kite on July 12, 2021. Hurry up and register to join the $BUNI whitelist before 01:00 p.m UTC, Saturday, July 10, 2021. View details HERE.

About Bunicorn

Bunicorn is a highly performed AMM DEX that offers investors yield-earning opportunities through liquidity pools and liquidity farm mining with unique time-locked rewards wrapped into tradable NFTs.

We aim to address the post-DeFi liquidity crisis through NFT vesting and turn the yield farming rewards into unique NFT collectibles that bring long-term value to both the community and project itself. And the vision is powered by two prominent advance features:

  • Pools with the most current optimized AMM models: Balancer-style liquidity bootstrapping pools (LBP) and Kyber-style Amplified pools, Bunicorn ensures the capital efficiency and fair token distribution when preventing bots from front-running.

  • Unique BUNI NFT collectibles generated from yield farming will be backed by a genuinely fantastic game storyline introduced by the Bunicorn team.

Bunicorn is currently built on the Binance Smart Chain (BSC) and plans to expand on multiple chains such as Polkadot, ETH layer 2 and more in the future.

Learn more about Bunicorn:

About Red Kite

Red Kite is a cutting-edge launchpad powered by PolkaFoundry as a part of the growing $PKF ecosystem. Red Kite projects are carefully chosen through vetting, which takes everything from the origins of the project teams to legitimacy and implementation capacities into account. These projects are also supported by a network of our high-class marketing partners, leading influencers, and interactive communities.

Need more information about Red Kite? Follow us on PolkaFoundry’s official groups and channels so you won’t miss anything!