Solution
Developers
Reducing Startup costs The Ignite Ecosystem offers a range of value-added advantages for developers and project owners. Ignite allows developers and project owners to set launch prices without the obligation to include ETH or an alternate pairing. Leveraging IgniteDeployer, projects can generate token contracts at no cost without the need for developer experience. Contracts generated through IgniteDeployer have passed an audit by SolidProof, amplifying security and dependability. Ignite also offer extended comprehensive support to tokens launching on our platform, resulting in even more exposure for these projects. By utilising these features, projects stand to achieve substantial savings, upwards of $2000, on their launch through our platform.
Simple token deployment & Management Eliminate the need to hire a developer and needing to deal with intricate contracts. Opt for our Token Deployer to ensure ease and convenience and only pay the gas to deploy. When it comes to making changes, such as adjusting taxes or renouncing, you can effortlessly handle everything through a simple user interface.
Efficient Initial Price Setting Set your launch price effortlessly without the need to add ETH into a liquidity pool. Utilise our calculator to gain a clearer understanding of how the launch price will impact the market cap and the cost of certain token percentages during the launch.
Investors
Repurposing Dead Liquidity When a project becomes dormant on IgniteExchange, the liquidity pool (LP) belongs to the investors, not the project owner. However, at low prices, often investors choose not to sell their tokens due to the transaction costs exceeding the token's value. After 14 days of no transactions, the ETH in the liquidity pool will be converted to IGNT, serving as a buyback for IGNT and bolstering its floor price. Token holders can still sell their tokens, and if the value of IGNT increases, the value of their tokens will also rise. This offers greater potential for investors to sell at a higher profit.
Investors Own Liquidity Meaning No Rug Pulls When a project launches on IgniteExchange and chooses to utilise the Ignite price-setting protocol, it avoids generating LP tokens. Consequently, there is no possibility for projects to execute a hard rug pull by removing LP.
Reduced Gas Fees Our gas fees are significantly lower than those of alternative providers, thanks to our introduction of the "SwapOnPool" feature. Swapping on pools enables fewer contract interactions during the swap process, leading to a substantial reduction in gas fees.
0% DEX Fees for IGNT Holders & IGNT trading pairs Ignite holders with more than 1,000 IGNT will enjoy 0% DEX fees when trading on our platform. In comparison, other DEXs typically charge 0.3% for frequent traders, and these fees can quickly accumulate. Additionally, every pool that pairs their token with IGNT will also benefit from 0% DEX fees. This encourages more projects to pair with our native token, thereby passing on the advantage of low DEX fees to their investors, even if they do not hold IGNT. And those not holding IGNT or not trading on an IGNT pool, our DEX fees remain cost-effective at just 0.2%, making them cheaper than most alternatives.
IgniteSwap with flexible slippage Our IgniteSwap protocol enables swift swaps with precise predictions. Combined with the ability to have complete flexibility on the slippage amount, you can ensure a successful transaction when purchasing assets that experience rapid price increases. By increasing your slippage, you ensure that the transaction will be processed without any failure due to slippage.
Remove contract sells Our swaps enable projects to configure their tax collection in ETH instead of their native coin. This eliminates the need for projects to sell their own tokens to cover taxes, as their contracts handle this process automatically. As a result, there is no sell pressure exerted on the chart by the token contract itself.
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