Thought I’d write a post about star launch on solana. Hopefully helpful for the community and your wallets 😊
Getting in on launchpads can be difficult - basically due to cost and the often expensive tier system
Star Launch is different and it enables those without lots of capital to get involved and participate early in projects.
For those that have not seen it, you essentially buy the token $stars and then stake it/lock it in what are called vaults. These then emit a token you generate called hydrazine.
With your accrued hydrazine you use this to contribute to get allocations in new projects.
It launched with loads of hype due to Monkeyball being the first project on the the platform. This absolutely mooooooned the stars token which at one point was trading at $22
The good news is now the hype has died down stars is now down to £1 ! Yes one pound. That means you can now buy a lot more stars for your money, and lock them to earn more hydrazine getting you greater potential allocations in new projects.
The tokens are set to have more utility as they expand their platform.
Shortly a lot of tokens may enter the market due to lock up periods ending. This might send the price even cheaper.
Could be worth your time to look into? Allocations depend on how much hydrazine you have which depends on how many stars tokens you lock…. But I’ve done ok with minimal amounts.
Projects that have released on the platform
- Monkeyball
-Prism (Dex aggregator)
-Tiny Colony
-Plutonians
-Synesisn One
To name a few
Tiny Colony
Plutonians.It’s nice to be able to get into projects even in small way, and star launch enables small players to do this which is nice
Get KYC, get a solana based wallet and you good to go. Gas fees are so cheap on Solana to which is a bonus.
Links here to medium article 👏🏻 And basic training manuals
It’s a project I hope continues to deliver. Thanks all