The End-Game DApp for all Crypto Investments: Earn Network IDO on Spores Launchpad!

Spores Network
4 min readNov 28, 2023

Save the date for the exciting IDO of Earn Network on Spores Launchpad on Nov 29th!

Earn Network is the end-game dApp for all crypto investments. They empowers individuals and businesses to generate billions in the DeFi economy by offering “no-code” solutions that are easy to use. Anyone can leverage secure and audited templates to create their custom financial products. They believe it’s time for you to thrive as a self-governing financial entity in tomorrow’s decentralized economy.

🔷 Earn Network Highlights:

  • Earn Network has gained traction with over $1M in trading volume and a $0.5M TVL.
  • Backed by top tier investors including LD Capital, Cronos Labs, GTS Ventures, DFG, Bixin Ventures, Jsquare, ViaBTC Capital, Mars DAO, Mirana, Shima Capital.
  • Formed strategic partnerships with Arbitrum, Cronos, Thundercore, FIO, Aleph Zero, Avax, Decimal, Shentu, Tenet, Elys, Rebus, Iris, Orai, Kommunitas, Spores Network, BSCS, GameFi, Seapad.
  • Successful raise $2.7M seed round.
  • The №1 DeFi community on Zealy.

🔷 Earn Network Key Features:

DeFi Staking

DeFi Staking on the Earn Network is part of a broader vision to simplify and democratize finance by offering user-friendly, decentralized financial products and services. Through constant innovation and collaboration, the platform is poised to become an essential player in the DeFi space.

Strengths of DeFi Staking

  • Broad Asset and Network Support
  • Diverse Staking Methods
  • Incentivized Participation by NFTs
  • Robust Security
  • Community Engagement
  • Ease of Implementation
  • Project Efficiency
  • Bridging the Gap

ReStaking

Restaking, in the context of cryptocurrency and blockchain technology, refers to the process of taking rewards or tokens you earn from staking and reinvesting them by staking them again. Upon launch, the Earn Network will be supporting restaking across blockchains available in the Cosmos ecosystem.

Restaking benefits on the Earn Network

  • Compound Interest
  • Long-Term Investment
  • Easy UX
  • Multiple additional rewards and bonuses from the EARN ecosystem

Lending

The Lending category opens enormous opportunities to structure nearly unlimited types of loans. The community is able to select any asset supported by the blockchain, set their own repayment schedule, APR, collateral composition and much more.

Strengths of Lending

  • An open lending ecosystem
  • Lenders can finally reach a global audience to access capital very efficiently (low cost, much quicker than with TradFi)
  • Yield hunters (professional DeFi traders)
  • Collateral protects repayments
  • Helping SMEs in emerging countries
  • They do aim to disrupt a massive lending market with our approach
  • Major focus throughout the years 2023–2024 will be dedicated on over-collateralised lending.

🔷 Earn Network IDO Timeline:

  • VIP Round: 29th Nov, 10 AM UTC => 29th Nov, 10 PM UTC (12 hours)
  • Triple Round: 29th Nov, 10 PM UTC => 29th Nov, 11 PM UTC (1 hour)
  • FCFS Round: 29th Nov, 11 PM UTC => 30th Nov, 11 AM UTC (12 hours)

🔷 Earn Network IDO Details:

  • Token Name: EARN
  • Token Symbol (Ticker): $EARN
  • Chain: Ethereum
  • Initial Supply: 213,000,000
  • Total Supply: 10,000,000,000
  • IDO Price: $372,500
  • Vesting Schedule: TGE 20.00%, 0m Cliff, 6m Linear Monthly vesting
  • Listing Date: Dec 1st

🔷 How to Join Earn Network IDO:

  • Step 1: Register for the IDO To be eligible for IDO participation (Stake SPO for guaranteed slot): https://launchpad.spores.app/ido/earn-network-ido
  • Step 2: Receive Email Confirmation After the whitelist closing time, Spores Network will notify you of your Tier Confirmation at least 12 hours before the sale.

🔷 Earn Network tokenomics:

Value generation flow for $EARN:

Allocation & Schedule

🔷 Earn Network Roadmap:

https://whitepaper.earn.network/en/roadmap/timelines

*Earn Network is under Spores Network’s 24-Hour Optional Refund Policy

Earn Network Official Link:

Website | Telegram | Discord | Twitter | Medium | Whitepaper

About Spores

Spores Network is a leading multi-chain launchpad for IDOs and INOs, committed to supporting high-quality web3 projects with comprehensive solutions that go beyond funding. Join Spores as we revolutionize the world of decentralized finance and empower the next generation of creators and entrepreneurs to achieve their goals.

Join our collective. Tell your story. Share our vision, at Spores Official!

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Spores Network

The leading multi-chain launchpad for IDOs and INOs of up-and-coming high quality web3 projects, in which user can seamlessly participate & support the project!