Ethora IDO (🛡TOR) Details & Research Report

TrustFi
4 min readJul 23, 2024

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💫 Dear community, Promodex TOR-Protected IDO will be held on TrustFi Launchpad on 24th July!

In this article, we will introduce you to our partner & upcoming project Ethora, the details of the IDO that will be held on TrustFi Launchpad, and the Galxe Competition for a chance to win $1000!

👉 Make sure to read our Tier System Article to learn about Eligibility rules, Tier levels, Allocations and more!

👉 Make sure to read more on TrustFi Optional Refund Protocol!

🔥Join our Galxe campaign for a chance to win 🏆 $1000.

👉Buy and Stake at least 10,000 $TFI in one of the Tier System Pools at TrustFi Farmer to obtain Tier Level access.
🔥Buy our NFT (The Chosen One) to Join IDOs, selected Private/Seed round Presales, and gain access to other privileges such as revenue sharing with TrustFi Network: https://launchpad.trustfi.org/#/v2/nftround1

IDO Details:
Ticker:
$ETR
Protection: TOR
Network:
Base
IDO Date:
July 24th 11 AM UTC
IDO Price:
$0.01
Initial Market Cap:
$337,500
TGE/Listing Date & Time:
31 July 9am UTC on MEXC
IDO Round Vesting: 25% TGE, 25% each months after

Ethora Research Page

Overview

🪐 Ethora ($ETR) — World’s most degen Binary Options platform, Powered by Base⚡️

Ethora has revolutionized the world of options trading by offering ultra short expiry Binary Options, up to 3 minutes. This allows users to predict the movement of price of BTC and other assets, whether its Up or Down, for short period of time, with instant payout, and instant gratification. 🚀

Why Ethora

1. Intuitive and Swift User Experience

2. Short Expiry Binary Options

3. One-Click, Gasless, Instant Trading

4. Diverse Market Access

5. Market Making Vaults that earn up to 90% Real Yield ➡️ Key product advantages:

💎 No Liquidation: Ethora allows users to engage in trading with a clearly defined risk-reward ratio, free from the risk of liquidation.

💎 Quick Binary Options: Users can predict the price of BTC or other assets, whether its Up or Down after 3 minutes, with instant payout.

What does Ethora offer?

Dual Token System

The Vision of Ethora

Dependence on third-party brokers increases the likelihood of fraudulent activities, such as manipulated price feeds, account inaccuracies, and counter-trading instead of genuine positions. Additionally, the lack of composability on centralized platforms hampers the effective use of binary options for hedging and yield generation.

The introduction of a decentralized binary options platform on the blockchain is a game-changer, with the potential to attract millions of DeFi traders worldwide.

Ethora is poised to lead this revolution. Our primary mission is to prove that decentralized trading platforms can compete head-on with centralized counterparts, delivering a truly revolutionary trading experience.

About TrustFi

TrustFi disrupts the DeFi market by providing a multi-chain decentralized BaaS solution. Our ecosystem features three main products which include TrustFi Booster, a Decentralized Community Driven Incubator; TrustFi LaunchPad, an IDO General Protocol with an insured mechanism; and TrustFi Farmer, an Automated Farm Pools (AFP) Contract, which is an important addition to the DeFi infrastructure built on Web 3.0. Our main focus is early crypto-asset issuance, with an emphasis on liquidity management, community growth, and DAO governance. We are certain that these three factors will allow us to successfully unlock the unlimited potential DeFi has.

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TrustFi

#DeFi Market BaaS Solutions | Community driven incubator for crypto startups | Live on: #ETH #BSC #AVAX #Polygon #DOT #SOL