As the first perpetual futures DEX aggregator on Injective, Bitoro aims to unify the fragmented perps market under one platform that provides optimal prices, fees, liquidity, incentives, and ease of use for traders. In June 2024, Bitoro expanded to the Injective ecosystem, seeing growth of the platform explode from zero to over 56,000 traders, as well as over $4B in cumulative volume since its launch.
Now, Bitoro’s launchpad is live on Mito, offering exclusive early access for Injective and Mito users to Bitoro’s native asset, BTORO. Upon launchpad completion, a Mito vault will immediately be created, providing a further opportunity for users to explore the Bitoro protocol and its asset.
What is Bitoro?
Bitoro is a leveraged trading protocol and liquidity aggregator for perpetual futures markets. Bitoro offers the best of both worlds - deep liquidity sourced from specialty-built liquidity layers and a smooth centralized exchange-like trading experience.
Bitoro is designed for both novice and experienced users in mind. Bitoro features a simple interface with the capability to place complex orders in both spot and derivatives markets, with the goal of making trades easy to execute. With over 100 trading pairs, the platform has a wide breadth of markets for traders.
BTORO Launchpad on Mito
As Bitoro marches on to their token generation event (TGE), they have allocated 2.2M BTORO to Mito launchpad subscribers. This represents approx .22% of the maximum supply.
Initial Circ. Supply From Sale: 2,200,000 BTORO*
Maximum Token Supply: 1,000,000,000 BTORO*
Mito Launchpad End Date: September 27, 2024 at 11am ET
*As provided by the Bitoro team
Community: 35%
Launch Airdrop: 15%
Launch Airdrop: 15%
Core Contributors: 10%
Ecosystem/Protocol Development: 25%
For an in depth look into Bitoro’s tokenomics, learn more here.
*As provided by the Bitoro team
Mito serves as a community tool for all ecosystem projects, and with its launchpad and trading vaults, it brings together some of the most in-demand projects within the ecosystem. For projects with active communities, Mito stands to provide potential trading returns, while also giving users an opportunity to earn rewards from their favorite protocols.
To participate in BTORO’s launchpad, click here.
To learn more about Mito’s Launchpad, click here.
This article is for informational purposes only and is not financial or investment advice. The information contained in this article is intended to be current at the time of publication but may not remain so indefinitely.
About Mito
Mito is a groundbreaking Web3 protocol that aims to reshape the future of DeFi automated trading, launchpads, and real-world assets. A combination of automated trading vaults and a launchpad, Mito is powered by smart contracts to simplify crypto trading for all users.
Mito is built on Injective.