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Stock impact report

BLAQclouds, Inc. Announces Initial Lauch of BLAQ Token on BLAQlp.io

BLAQCLOUDS INC (BCDS) 
Company Research Source: GlobeNewswire
LAS VEGAS, Aug. 27, 2024 (GLOBE NEWSWIRE) -- BLAQclouds, Inc. (OTC: BCDS) is pleased to announce that this week, the company will launch its first liquidity pool partnership on BLAQlp.io with the debut of the BLAQ token on both the Ethereum and ZEUS blockchains. The exact date and time for the launch will be announced with 24 hours prior notice, based on market conditions and other factors. As previously announced, the core smart contract powering BLAQlp.io allows funders to directly contribute to non-custodial liquidity pools through a user-friendly interface. Funders can use any EVM-compatible token, with decentralized payment technology DiVinciPay serving as a cross-chain payment conduit. Once the liquidity pool is fully funded, it is minted, formally launching the project. During testing, the Automatic Market Maker (AMM) formula used by BLAQlp.io demonstrated an average 20x increase per 10-day cycle. Additionally, the platform automatically rewards the liquidity pool funding pa Show less Read more
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