Press Release: Duckpools to IDO on Ergopad

Ergopad Announces Duckpools IDO

What is duckpools?

duckpools is a pool-based lending protocol that made its debut in the Ergo ecosystem on July 31, 2022. Within 4 months of its creation, duckpools delivered a working beta and became the first decentralized application (dApp) on Ergo to facilitate lending and collateralized borrowing of ERG and its native assets.

Important dates

Duckpools Roadmap
  • Stakers signup is live already and runs until Feb 3
  • Staker Contribution is Feb 4–9, with double whitelist tokens sent out on the 8th
  • Public round whitelist is Feb 9 — Feb 16 (start time TBA)
  • Public Contribution Feb 17 — Feb 24
  • Finally the IDO liquidity will be added Feb 24th after contribution closes

Final Remarks

Duckpools will expand the DeFi ecosystem on Ergo a lot in the coming months. Expect to see secondary markets develop around lending pool tokens, and some interesting new ways to earn on your Ergo and token savings.

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