Crypto casino Shuffle partners with decentralized launchpad Bazaar to boost its liquidity bootstrapping pool

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The Block2024/03/05 18:11

By:The Block

Quick Take Shuffle has partnered with the decentralized launchpad Bazaar to help bolster its liquidity bootstrapping pool (LBP). Forming the LBP will occur between March 10 at 5:00 p.m. and March 12 at 5:00 p.m. Shuffle’s partnership with Bazaar also facilitates cross-chain accessibility with users on Ethereum, Base, Arbitrum, Polygon, ZkSync and Optimism.

Crypto casino Shuffle partners with decentralized launchpad Bazaar to boost its liquidity bootstrapping pool image 0

The crypto casino Shuffle has partnered with the decentralized launchpad Bazaar to help bolster its liquidity bootstrapping pool (LBP), which forms token's on-chain liquidity.

The partnership comes ahead of Shuffle's airdrop in early March, during which 10% of the 1 billion SHFL token supply will be distributed. The LBP will occur from March 10 at 5:00 p.m. ET (22:00 UTC) to March 12 at 5 p.m. ET (22:00 UTC), according to a release shared with The Block.

Shuffle's partnership with Bazaar also facilitates cross-chain accessibility with users on Ethereum, Base, Arbitrum, Polygon, ZkSync and Optimism.

"This partnership between SHFL and Bazaar signifies a leap forward in token launch methodologies, promising an equitable, secure, and dynamic participation experience for our community," Shuffle wrote in a release. "Following the LBP's conclusion, Airdrop 1 will be claimable on the platform, marking the end of SHFL's first airdrop and the full launch of the SHFL token."

Shuffle plans to distribute 28% of its token supply through three airdrops, with the subsequent two airdrops each releasing 9% of the total SHFL tokens in the forthcoming years, The Block previously reported .

“Bazaar makes the launch of SHFL as open as possible. We’re super excited to be working with them for the first step in our of the launch of SHFL and our airdrop," a Shuffle representative told The Block.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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