Generative Data Intelligence

Tag: Binance Smart Chain

ClearDAO Launches Barrier Option Marketplace on Binance Smart Chain Testnet

ClearDAO announced today the barrier option marketplace on Binance Smart Chain testnet is now open to everyone for public alpha testing. This is the first proof-of-concept marketplace built using the Clear SDK. The Clear SDK is expected to be available by end of 2021.


ClearDAO is a decentralized derivatives factory where DeFi developers can use the tools provided to build bespoke derivative products. The marketplace on Binance Smart Chain testnet offers options on BTC, ETH, BNB and basket of cryptos.

The option products available on ClearDAO are barrier knockout options, not the standard vanilla options available elsewhere. The marketplace has a easy-to-navigate user interface where a 4 x 4 matrix displays the options of different maturities (1 day, 3 days, 7 days, 14 days) and barrier levels (5%, 7.5%, 10% 15%). They offer different risk profiles and expected return to traders. Traders can trade both calls and puts to enhance returns and manage risks of their existing portfolios.

In traditional finance, the barrier of entry to OTC derivatives are extremely high and are often exclusive to institutional investors. DeFi in many ways aims to replicate the traditional finance but without the walls that keep the majority out. As DeFi matures and participants become more sophisticated, the need to hedge crypto portfolio risks will rise. There are currently no customizable derivatives in DeFi that tailor to the need of the buyers, and this is the problem ClearDAO is solving.

Currently in the cryptocurrency industry, the role of market makers and liquidity providers are highly accessible to most participants, including individuals and institutions. This is also true at ClearDAO, where automated market making algorithm is deployed in the marketplace to allow anyone to participate as a liquidity provider and a liquidity taker. The governance aspect of the ClearDAO ecosystem is expected in 2022. Community members will be able to collectively decide the development path of the project.

ClearDAO recently closed a $2.5 million private round fund raising. According to the project roadmap, the Clear SDK will be available in Q4 of 2021. In the same quarter the project is expected to deploy on Solana devnet. DAO governance and marketplace mainnet deployment is targeted for Q1 of 2022.

DYP Launches V2 Staking, Buyback, and Farming Pools on Binance Smart Chain

These pools arrive at a critical moment for DYP, which analysts predict will surge by orders of magnitude in the weeks to come. 

DYP's New Pools


According to a company statement, the Buyback pool will allow users to deposit various cryptos or tokens to begin earning. These include WBNB, BTCB, ETH, BUSD, or CAKE.


Upon deposit, assets are converted into a mix of DYP and iDYP tokens and placed into a staking contract. Users can then earn 30% to 100% APR, depending on how long they choose to lock up their tokens. All rewards are then distributed in DYP upon withdrawal.


Farming will provide another method for users to profit from their WBNB, ETH, or BUSD holdings. After depositing one of the platform's supported assets, users can start earning WBNB, ETH, and DYP as their rewards.


To protect from iDYP's price volatility, all pool rewards are automatically converted into WBNB. However, liquidity providers may also choose to be rewarded in ETH. Upon withdrawal, a user's funds will be 75% returned in the original deposit asset, and 25% returned in DYP.

Finally, staking lets DYP holders earn up to 50% APR with no impermanent loss. Like the buyback pool, the yield rate depends on how long users choose to lock up their holdings. It includes an integrated “reinvest” function, automatically distributing rewards back into the staking pool to compound one's earnings. 


The staking pool also features a referral program, which will grant 5% of the referred party's staked earnings back to the person who referred to the Defi Yield Protocol. This gives users the chance to profit from helping market Defi Yield Protocol to friends and family, at no gas fee.


Altogether, the buyback, farming, and staking pools accrued over $40 million in deposits within a week after launch. As a reward, DYP paid 15,867 AVAX, 7,997 BNB, and 9,032 ETH to its respective, amounting to $44,149,334 worth of tokens at the time, With such lucrative payouts, its clear to see why users – and analysts – would be bullish about the platform.


DYP Ready to Pump, According to Analysts


CryptoBusy and Crypto Hustle – cryptocurrency traders and YouTubers – released a collaborative analysis video earlier this month. They offered their predictions for which altcoins would see the greatest returns during this bull cycle. Trading for about $0.72 at the time, Busy said that DYP was “potentially a 100x altcoin or higher”.

“Great team, great whitepaper, great roadmap, and great technology behind this as well,” said the Youtuber. 

Busy called attention to DYP's anti-manipulation mechanism – which protects against the volatility of platform-native tokens used for rewards, such as BNB and AVAX – among other unique features.

Shortly afterward, DYP was deemed a “gem” investment pick by fellow trader CryptoRevolution, in his mid-November video titled “parabolic altcoin picks”. After investing in early November, the Youtuber personally saw 70% gains in DYP after only ten days.


Revolution anticipated that DYP would reach $1.28, or even $1.56 – over double its current market price. This is due to the large number of updates set to launch on Defi Yield Protocol in the weeks to come, which inspires the YouTuber's confidence in its future success. Besides an upcoming NFTs marketplace, DYP will also introduce NFT dapps, and specialized staking pools on Avalanche and Ethereum, equivalent to their new pools on BSC.


What is Defi Yield Protocol?


Defi Yield Protocol (DYP) is a multi-purpose platform for staking, yield farming, NFTs, and various trading solutions. 


Uniquely, DYP is the first Defi platform to reward users in Ether. It also features anti-manipulation protection that protects the rewarding stability for those being rewarded in not-so-stable platform native tokens, such as iDYP.


The platform primarily functions as a decentralized tool dashboard. It includes decentralized scores, trust vote systems, and yield farm data to help investors make informed decisions.

The protocol is set to release numerous features in the future, including staking, farming, and buyback pools on Avalanche and Ethereum.

WebsiteAnnouncementsDiscordTwitter TelegramGitHubYouTube 

Introducing a New NFT Gaming Network Brute Force Fight

Similarly, in the blockchain and the crypto sector, the idea of NFT gaming has gained momentum very fast. Platforms like Axie infinity and many others have been benefiting vastly from the NFT craze in 2021. Gamers have gotten a new way of earning and maximizing incomes while gaming. Brute Force Fight is an example of a platform that aims to benefit from the NFT craze and simultaneously help users earn passive income while gaming. 

Brute Force Fight defines itself as an NFT gaming network designed with a top gaming experience for players. It combines the concept of NFT gaming with Defi tokens thus is a play and earn platform.

How does the Brute Force Fight gaming network work? Please keep reading to see more about this platform and why December 2021 will be significant for them.

Brute Force Fight Game Description 

Brute Force Fight combines NFT and Defi to offer an excellent experience to gamers. It uses the PvP and PvE game modes with a storyline of space exploration.

The universe was enjoying some peace until the discovery of interplanetary mining. Now, people from all over the universe, planets, and races are fighting to take control of space resources. In this game, you have to battle against other space pirates and win. The pirates may include other real-world players, AI-controlled ships, and other dangers.

In the game, players have the freedom to form federations. Federations are team-ups with other players. These federations can fight with other federations to take control of the given resources.

The concept of the Brute Force Fight gaming network is to allow players to mine resources and conquer other planets. When conquering, the teams will attack, set base, and fight other bases. Once you and your friend (federation) conquer a planet, you can continue mining.

Aside from conquering, you can also get into trade activities with other federations, bases, and nations. More so, since this is an interplanetary game, you can search for contacts with other races.

The $BFORCE Token

To power the entire network, Brute Force Fight introduced a native token, $BFORCE. $BFORCE is a BEP20 token that will help in different services within this ecosystem. Among the services include payment and exchanges.

According to their documents, they have a maximum supply of 10 million $BFORCE tokens. However, in the coming presale, they cap a total supply of 10 million tokens. The network distributes the tokens as follows;

  • 50%, 5 million go to the community during the ICO

  • 4 million tokens, 40% go to 3 Month lock for Game NFTs Marketplace

  • 0.5 million tokens, 5% will be released through vesting, 1% per week for marketing 

  • 2% will help in marketing works.

  • 2% for game development

  • 1% for private sale airdrop

Other Features

Audit and KYC

Brute Force Fight had Solidproof audit their smart contracts to secure the player's and investors' funds. The idea of auditing contracts is to ensure they are not vulnerable to external or internal attacks. Auditors often check the code to ensure it's correct and has no errors. Hence, the contract will not be a threat to the gamers in this network.

Aside from the audit, Solidproof conducted a KYC scanning of the Brute Force Fight team. KYC, Know your customer, basically involves looking deep into the people around the project. In this case, the persons who are given a more profound look are the team members. The intention is to see whether the team members have any money fraud issues.

However, the audit and KYC report will be released once Solidproof is through with the process. The report will be available via the website and social media pages.

The BSC Base

The Brute Force Fight gaming network took its base in the Binance smart chain. But why? Ethereum, which provides smart contract support, is currently facing tons of issues, including lacking scalability.

However, BSC was developed to be the alternative for Ethereum. Hence it's scalable and has high speeds. The Brute Force Fight will therefore have an easy time expanding and serving more gamers globally. This gaming network is consequently looking into its future.

NFTs Shopping

The Brute Force Fight network also introduced an NFTs shopping in-game market. Users of this market will leverage $BFORCE native coin to buy and sell NFTs.

According to them, this online in-game marketplace will be available to gamers and everyone else.

Accordingly, the network will be airdropping NFTs to players. The trading platform will enable players to exchange the NFTs with $BFORCE tokens.

Brute Force Fight Team

The Brute Force Fight team is made up of several people, all majoring in different fields. Among the tasks worked on by the team include, 

  • Software Engineers

  • Designers

  • Marketing Manager

  • Social Media Experts

However, the network has not fully displayed the names of the tea members. Hopefully, they will do so soon.

Developments Coming Soon

According to their social media pages, December will be a big month for the Brute Force Fight network. One of the significant happenings this December will be the token presale. Starting December 7th, Brute Force Fight will launch the ICO on the Unicrypt launchpad. So, ICO investors can spare December 7th to participate in this presale. 

Brute Force Fight intends to sell 5 million tokens by the end of the ICO. Their target hard cap is 2000BNB. 1 BNB will be equal to 1500 $BFORCE Token during the ICO period. Maximum spending per wallet during the ICO is 3BNB, which is an equivalent of 4500 $BFORCE.

Immediately following the ICO will be the tokens listing in exchanges. The listing price is set at a little higher than the ICO price. 1BNB will be equal to 1350 $BFORCE. Aside from exchange listings, $BFORCE intends to list in analytical networks like Coingecko and Coinmarketcap this December.

In February next year, Brute Force Fight will officially launch the game for the public. Investors, gamers, and crypto enthusiasts should watch out for this gaming network. You can also join our communities on Twitter, Reddit, and Telegram to get more updates as they come. 

The Green DeFi platform Energyfi is about to launched on mainnet

Quick Take

  • Energyfi is designing green and cost-effective Decentralized Finance by providing a comprehensive set of DeFi features on Energy Web, Avax, Near and Bsc, all while accelerating their adoption.
  • Energyfi raised $200,000.00 in a private token sale.
  • The Green DeFi platform Energyfi is about to be launched on mainnet with the release of EnergyPad, it's ILO platform.
    The Green DeFi platform Energyfi is about to launched on mainnet

Decentralized finance in brief

Decentralized Finance (commonly referred to as DeFi) is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains, the most common being Ethereum.

Introducing Energyfi

Newly, Decentralized Finance faces two major problems: high transaction costs and a huge carbon footprint on the environment due to excessive energy consumption (especially on Ethereum).

Energyfi is addressing these issues by designing a comprehensive set of DeFi features on Energy Web Chain, Avalanche, Near and Binance Smart Chain, which will accelerate their adoption at the same time. Indeed, to move towards mass adoption, a blockchain needs more users, and to have more users, it needs more dApps. In order to foster the emergence of decentralised applications (dApps) and to support developers who wish to build on these networks, a fast and reliable all-in-one platform like Energyfi is crucial. Both a cornerstone and a catalyst, Energyfi aims to lead the industry towards: decentralisation, transparency, environmental awareness and cross-chain interoperability. These core values can be seen in the main features of Energyfi.

Energyfi's Features

The Energyfi platform includes a wide range of features, all designed to enable the adoption of green networks and the emergence of environmentally friendly decentralised finance.

This includes:

  • Launchpad (permissionless fundraising platform)
  • Dex (decentralised exchange platform where you can easily buy and sell your crypto-currencies on the network of your choice)
  • Staking/Farming (savings product)
  • Lending (lend and borrow crypto-currencies.

Energyfi Token (EFI)

EFI token will have multiple use cases such as governance and platform utility. Holding EFI token will also be necessary in order to use some of the Energyfi services. Also, to promote EFI token holders, a frictionless yield and burn mechanism is included.

This will respectively provide a passive income and fight against inflation.

Energyfi raised $200,000 in a private sale and the public sale will be scheduled

The token private sale round was supported by several investors including INBlock ventures, Blu Ocean capital and whitelisted private investors.

$200,000.00 were raised during the private sale and a public sale will be organised in the near future on EnergyPad, the Energyfi launchpad.


Website: https://www.energyfi.io

Telegram: https://t.me/Energyfi_official

Ceci N’est Pas une Cryptocurrency

2021 may go down as the year for meme trading: from the Wall Street Bets saga in January to runs on cryptocurrencies like DogeCoin and SHIB, it's safe to say that this holiday season, there are sure to be some interesting conversations happening around the dinner table. Rounding off the end of this year and hoping to capitalize on the ongoing conversations about American inflation, jobs, and monetary policy is a new project recently launched on Binance Smart Chain (BSC) and trading exclusively on PancakeSwap that calls itself The FED Money Printer.



The idea for the coin itself was spun out of a simple joke: the idea that the Federal Reserve Banking system prints money, but what if people were able to print money themselves? The mechanics are that of a simple reflection token: whenever an investor buys or sells, they pay a 15% tax, wherein 4% goes to liquidity to maintain stability and growth, 4% goes to a Treasury fund, and the remaining 7% is dispersed among stakeholders in the form of BUSD-a BSC currency pegged to the value of the USD. Simply put, the more people hold during periods of volatility, the more money they get back.


Art... that makes money

“The whole thing is almost like an art project,” explained the developer, Sobel. “We just wanted to capitalize on the larger conversations happening around America's economic recovery efforts and see if we could inject ourselves in the middle of it through light-hearted political satire about monetary policy. We're blown away by how overwhelmingly positive the response has been from people.”


However, not everybody seems to share their enthusiasm. “Yeah, our launch did rub some people the wrong way, some more conspiracy-minded people seemed to have had our humor go over their heads-- our Telegram channel even got raided by a group from 4chan at one point.”


Despite these setbacks, Sobel saw an opportunity to incorporate the crisis into the brand: “I took a page from [John Maynerd] Keynes, and decided to win over some of our opposition by offering a stimulus package of free shares to anybody who wanted them. It didn't take long to bring many of them onboard.”


A Brighter Future

“At the end of the day it's just fun,” stated Sobel plainly. “I want everybody to be able to go into the holidays being able to say they paid for their presents with the ‘money printer.' It's just plain wholesome.”


What follows from there, the developer was a bit more oblique: “well I have seen in the news that the Federal Reserve likes talking about minting a trillion dollar coin some day. We don't do NFT's right now, but that could be something worth looking into.”


To connect with the team behind the FED Money Printer project, check out their website or join their Telegram channel.

RocketBUSD Hits $45 Million Market Cap in Less Than 24 Hours on Binance Smart Chain

Newly Launched Hyper Deflationary Token Looks to Take Youth Education to the Moon NEW YORK (Nov. 12, 2021) – Those looking for the next big thing in the cryptocurrency world can rejoice as RocketBUSD, a newly launched hyper deflationary token with a mission to further the education of the world’s youth through STEM programs and […]

Starter to Host IDO of Ape Farmer, a Yield Aggregator Platform

-- Recently crowned #1 launchpad by average ROI, Starter (https://starter.xyz), today announced it will host the launch of $APEF, a Decentralized Finance (DeFi) token of ApeFarmer (https://apefarmer.com/), an advanced yield aggregator and optimizer, constructed on the Binance Smart Chain. 

Ape Farmer will offer "Safe Ape" and "Degen Ape'' sections allowing for increased yield farming profits on their already owned tokens. Deflationary measures will be implemented in the protocol to maintain a steadily increasing market cap, as it aims to be the go-to DeFi platform to offer increased yields for Binance Smart Chain, Cardano (TBA) and Polygon (TBA) enthusiasts.

Unlike other projects that neither list their entry and exit fees, nor display where their fees are being allocated, the yield aggregator will list all entry, exit fees and their destinations. Additionally, while most pools implemented into decentralized exchanges require manual compounding, 99 percent of ApeFarmer's vaults will auto compound- allowing increased yields when collecting rewards. The initial vaults will be handpicked by the ApeFarmer team and its partners. With the addition of DAO, ApeFarmer holders will also be entitled to vote on adding and removing vaults.

“DeFi is growing at a very rapid rate, with projections to grow tenfold in the next 5-10 years. During the quick growth spurt, more and more crypto holders will need a yield aggregator such as Ape Farmer that is suited to feed the holder and not just one specific project,” siad Lionel Iruk, Special Counsel at Starter. “Ape Farmer has created a protocol that captures the DeFi, NFT and governance sectors, is transparent, low cost uses time weighted average prices to mitigate flash loan attacks and other implementations to better benefit the end user.” 

The ApeFarmer Token will have no maximum supply, however, will have auto-burning functions and underlying utilities, including yield farming, where $APEF holders can stake their to earn more Tokens and wrapped Binance coins. Users can also participate in the $APEF lottery every week to earn rewards, apart from using their tokens to trade limited edition Apefarmer.com NFTs. Also, holders staking $APEF token will be able to propose changes to the ApeFarmer protocol including emissions, burn rates, new pools, yield farms.

During the IDO, 250000 $BUSD tokens will be made available for purchase at  $0.75 USD. ApeFarmer's smart contracts automate yields in a cost-efficient manner while utilizing some of the largest DeFi players like Pancakeswap, BBQswap and Babyswap.

Starter's community has provided hassle-free funding to many well known IDO launches and now adds Ape Farmer to the list. For more details on Ape Farmers IDO launch with Starter, please visit https://starter.xyz/

                      

About Ape Farmer

Apefarmer (https://apefarmer.com/) is a yield aggregator with extensive token utility including farming, NFT staking, a lottery and a governance model. The apes plan to automate yields in a cost-efficient method with smart contracts that utilize some of the biggest players in the DeFi industry.


About Starter

Starter (https://starter.xyz) is the leading IDO launchpad, incubator, and investor network for @0xPolygon, $ETH, $AVAX, $FTM, and #BSC, having raised over $25M for 40+ projects, including Cake Monster, Wall St Bets, Nasdex, and Enjinstarter. Starter provides projects access to funding opportunities without the hassle of bureaucratic hurdles or complex KYC requirements. Starter's suite of products include a venture arm Starter.capital, launchpad Starter.xyz, and token vesting and liquidity locking StartVesting.xyz.

Popular Crypto Game offers $275k to Winners

Three years ago, a cryptocurrency game got so popular that players brought the Ethereum Network to its knees just to win. Today, that game, Fomo3D is back, but instead of suffering the high transaction costs that plagued its predecessor, it--and its token counterpart, P3D--utilize the Binance Smart Chain to make the game more accessible to ordinary players. 

At the moment, the game has only been running since November 11th, but the prize pot has already surpassed 481 BNB, or $275,000 USD. The game's mechanics are somewhat simple: players buy keys to contribute to the pot, the pot is attached to a 24 hour clock that is continuously counting down, whoever buys the last key collects the jackpot. Every time a key is bought, 30 seconds are added to the clock and the price of the next key increases slightly. However, even if somebody else wins the jackpot, keyholders and token-stakers still collect passive income through dividends from key purchases. Furthermore, when the clock runs out, those still holding tokens receive portions of the jackpot proportional to their share of tokens. 

What makes the token itself even more enticing is its usage of a deflationary mechanism, every time a holder sells their share of coins, 10% are automatically burned. Since the launch of the P3D token, over 15% of its original billion coins have already been burned, which is great for investors. While other coins such as the extremely popular Shiba Inu token excitedly talk about their coin burning down until the value is .01 USD within five years, holders of P3D may very well see that sort of price point within a few months, if not weeks.

“We had a lot of burn even before the game launched,” said developer Smokey Nagata, “I think a lot of people saw some of the hype around the launch and thought it would be a good opportunity to make a quick profit, but I'm sure a lot of them are kicking themselves right now.”

However, it is exactly this kind of hit-and-run approach to cryptocurrency that made “Smokey” want to revive the game for 2021. 

“It's been a big year for cryptocurrency,” explained “Smokey,” “investment news channels talk about NFTs and Dogecoin with the same seriousness as they do the DOW and NASDAQ; but it's still the Wild West. People talk about Fomo3D as if it was just a game, but it was so much more than that. The overall project, the Proof of Weak Hands (PoWH) was originally designed as a commentary about the state of the cryptocurrency market back in 2018: it was mocking the jargony buzzwords and slapdash whitepapers that riddled the landscape back then. Ironically enough, it's probably more relevant today than even when it was originally launched.”

Keys for the lottery are available for purchase on the FOMO3D website and can be purchased using Metamask, TrustWallet, and WalletConnect.  As of now, the P3D token is exclusively available on PancakeSwap and Rubic Exchange, but the developers have eyes on expansion, if not outright global domination. 

“What do I think will be the endgame?” “Smokey” could only speculate, “maybe a few crypto billionaires will be left to fight it out, maybe nations will band together to win it all, or maybe the entire network will crash like in 2018. All I know is it's gonna be a bloodbath.”

To connect with the team behind Fomo3D and P3D, follow their Twitter, or join them on Telegram.
To learn more in-depth about the game's mechanics, check out the FOMO3D Wiki.

SyncDAO teams up with MANTRA DAO to use ZENDIT Launchpad for IDO

DeFi startup SyncDAO has announced that it will be partnering with MantraDAO to use their decentralized launchpad Zendit for their IDO.

Through the use of Layer 2 solutions, Zendit will help SyncDAO reach a wider audience and introduce more users to the opportunity to participate in DAO governance, an exciting new development that is allowing people the opportunity to contribute in a meaningful way to the communities they choose to be a part of. MANTRA DAO's use of proven Layer 2 scalability solutions will ensure that these services are fast and compatible between both projects.

“Working with a team that is focused on improving the whole space was super important to us, that's why we chose to work with MANTRA DAO. Their objective to give financial control back to the people was philosophically aligned with our goals at SyncDAO and made it an easy choice to partner with them.” - SyncDAO Co-founder Paul Holland

“Launching SyncDAO on Zendit is a great opportunity for us to introduce our community to a DeFi solution that is sorely needed and has been missing in the space.  The combination of SyncDAO's Perpetual Vaults and their affiliate smart contract layer is a killer product”– MANTRA DAO Co-Founder John Patrick Mullin.

The partnership with MANTRA DAO is just one of several that the SyncDAO team is announcing ahead of its official launch.

SyncDAO seeks to give new users a simple introduction to DeFi where they will ultimately be able to access the best of DeFi returns from multiple protocols from inside the SyncDAO interface, saving the user from understanding the complexities of multiple platforms.

With their unique Perpetual Vault architecture, users simply stake their Perpetual Vault Tokens (PVT) to choose the return they want to earn. Working with MANTRA DAO will serve to introduce a wider community to all the opportunities of decentralized finance as well.

 

About SYNCDAO

SyncDAO is a Decentralised Autonomous Organisation (a DAO) founded by Rossco Paddison and Paul Holland. SyncDAO aims to bring DeFi to the mass market by incentivising referrals to its easy to use platform that offers the best of DeFi yield generating protocols via its Perpetual Vaults. SyncDAO is launching the first Perpetual Vault in November.

HOW PERPETUAL VAULTS WORK

The process of working with the Perpetual Vaults is easy. Users mint Perpetual Vault Tokens and deposit these into the high interest vaults. They can choose to earn interest in Stablecoins or may instead choose to be paid in a volatile currency like Ethereum, giving them the ability to continually dollar cost average into a blue chip asset that may appreciate over time.

Through the SyncDAO affiliate smart contract layer, anyone can be rewarded for referring new users to the Perpetual Vaults. These rewards will be a percentage of the interest earned on the deposits made by their referees. This is all managed in a permissionless manner through fully audited smart contracts on the Ethereum blockchain.



About MANTRA DAO

Mantra DAO is a community-governed DeFi ecosystem focusing on staking, lending, and cross-chain DeFi products. MANTRA DAO has built a suite of DeFi services including a multi-asset staking platform, money markets lending protocol, gamified lottery pool, and token issuance launchpad. The suite is natively built on Ethereum, with cross-chain products currently on Binance Smart Chain and Polygon, and is currently working on launching these services on Solana, HECO, and Polkadot in the near future.


EmiSwap Integrates with Polygon to Provide Nearly Free Transactions, Offer 365% APR Liquidity and Farming Pools

-- EmiSwap (https://emiswap.com), the only community-governed decentralized exchange (DEX) paying out high rewards for liquidity providers, today announced its integration with Polygon blockchain, the leading platform for Ethereum scaling and infrastructure development. The new integration will aim to reduce the transaction costs without compromising output, enabling quicker and cheaper user transactions. The integration will allow users to execute trades instantly using the EmiSwap interface and pooled liquidity utilizing Polygon's full-stack layer 2 scaling solutions.

While the Ethereum network currently hosts the bulk of EmiSwap activity, it is not always a viable option for traders, due to ongoing network congestion and high gas and transaction rates. Even with the recently reduced capacity, spending over $25-$250 dollars for a single transaction fee is quickly becoming unjustifiable to many crypto investors. EmiSwap's new integration with Polygon will offer a viable layer 2 solution: making Ethereum much more usable and cheaper with a 0.001 MATIC gas fee on the platform. 


“We are delighted to be working with Polygon to bring their scalability solutions to the market, as it enables new innovative and value-adding services for our users,” said Grigory Rybalchenko, founder and CEO of EmiSwap. “Now, EmiSwap users will have the option to swap and provide liquidity on EmiSwap DEX with fast and nearly free transactions due to the Polygon integration. This is the next phase in the development of a multichain decentralized platform that will allow us to provide additional value to the DeFi market and our community.”  

EmiSwap aims to become the go-to multichain AMM DEX providing users with simple and affordable transactions. The new Polygon integration will provide the EmiSwap community with several advantages including:

  • Users will be able to stake their LP tokens into the new farming pool and win a 365% APR airdrop (per liquidity) plus additional percentage APR for farming with 0.25 percent of the platform fees paid by the token swappers. The reward amount grows with the amount held in the liquidity pool.

  • The 180 percent airdrop that will provide liquidity in any pool with ESW token and will receive 180 percent APR (per liquidity) + 0.25 percent of the platform's fees will be paid by token swappers. Similarly to the 365 percent APR airdrop. 

  • Users can check here (https://emiswap.com/farm) the percentage APR Farming pool in which users can provide liquidity or stake their LP token in farming pools and receive high percentage APR rewards daily. Again, 0.25 percent of the platform's fees will be paid by token swappers. The XXX percent APR farming pool will launch on November 23,2021. Users will also have access to migrate liquidity from QuickSwap. Pairs available for liquidity migration are WETH-USDC, WETH-WMATIC, WETH-WBTC, USDC-USDT and WMATIC-USDT.

Additionally, the Referral Program will work with both 365/180 percent airdrops. With three referral levels, users will be able to receive a percentage from the rewards of users they have invited to the EmiSwap platform:

  • Level 1: If a user invites USER1 by their referral link, the user will receive 3 percent of their reward.

  • Level 2: If USER1 invites USER2, the original user will receive 5 percent of USER2 rewards.

  • Level 3: IF USER2 invites USER3, the original users will receive 7 percent of the USER3 reward. 


EmiSwap now supports Ethereum, Kucoin, and Polygon blockchains with Near Protocol, Avalanche and Binance Smart Chain currently under development. 

For more information, please visit EmiSwap's official Website and Medium as well as follow the EmiSwap Telegram group.

                                                                       

About Polygon

Polygon is the leading platform for Eutherum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, datavailabilit solutions and more. Polygon's scaling solutions have seen widespread adoption with more than 1200 applications hosted, about 600M total transactions processed, about 60M unique user addresses and more than $5B in secured assets. Learn more about Polygon by visiting their WebsiteTwitterEcosystem TwitterRedditDiscordTelegram and Instagram.


About EmiSwap  

EmiSwap is an audited, cross-chain AMM DEX that allows users to safely extract over high APR daily from liquidity mining and farming on Ethereum, Kucoin and Polygon. EmiSwap distributes 0.05 percent of the exchange volumen to ESW token holders, compensates 100 percent of the ETH gas users pay and features unique and yield-boosting NFT Magic Cards that increase user's yield. EmiSwap is audited by Hacken and BluSwarm and constantly adjusts APR, launches new farming pools and distributes additional rewards for liquidity providers. Learn more about EmiSwap AMM DEX and join the decentralized family by visiting the Website, Twitter, Medium, Telegram, Discord and GitHub

BuffedShiba Prepares Its Holders for the Upcoming Free NFT Airdrop

BuffedShiba is making the necessary arrangements for the airdrop event set to kick off on November the 24th. As such, it continues to encourage investors to get $BSHIB token before the event's day. 

The BBC club will open more doors for the BuffedShiba platform expansion, including its plans on the roadmap. To participate in the airdrop, you need to own between 1 billion to 100 billion $BSHIB as the minimum requirement; however, you can hold more than 100B $BSHIB.

The amount you have determines the level you will gain during the airdrop, divided into three: Gold, silver, and bronze. The set token for you are 100 billion, 10 billion, and 1 billion for the gold, silver, and bronze levels, respectively. 

The primary benefits of any user being a member of BBC include gaining advantages for the future play-to-earn like minigame, getting free drops from the upcoming Swole Dogs NFT collection, and automatically joining future giveaways. It will incentivize the membership of its NFTs further by offering its holders automatic participation in the giveaways for top tier IRL prizes. 

Strengthening Its Community

The platform's roadmap still holds more for its community, expecting that BBC members will have better returns as it progresses. The BuffedShiba platform and its token $BSHIB are community-based, giving their complete control to users. The NFT airdrop is a chance to bring more people on board with its objectives, including renouncing its ownership of the $BSHIB token.

It also campaigns for fair participation in its ecosystem, putting in place different measures to avoid bias. As such, one of its notable features is the anti-whale feature, preventing any holder from owning more than 0.5% of $BSHIB's total supply, protecting small investors. 

$BSHIB is a token inspired by Shiba Inu, willing to provide worth to its users. During its fair launch on PancakeSwap on October 25, the platform locked 100% of its initial liquidity into the Unicrypt liquidity pool. A point worth noting is that it does not distribute anything to its team, advisors, or private sales.

Boosting $BSHIB's Value


$BSHIB is a deflationary token that burns 1% of each transaction. This never ending mechanism already burned 5.5% of the max supply in the first three weeks of its existence. Additionally another 1% goes to BNB/BSHIB liquidity which is also burned. This process is getting popular among the crypto sector to improve the value of coins.

The $BSHIB developers believe that its marketing strategies combined with community efforts will shoot the token up to being the top memecoin in the market. The team also ensured the project's smart contracts underwent audits by the blockchain security firm, Solidproof. The contract is built on the Binance Smart Chain, leveraging the advantages of a BEP-20 token. You can view the full report from the firm here

Get your Metamask wallet ready for the chance to be part of the BBC club free NFT airdrop; you can buy the $BSHIB token on PancakeSwap. Follow BuffedShiba on Telegram and Twitter for more updates on what is happening in its ecosystem.

Latest Intelligence

spot_img
spot_img
spot_img

Chat with us

Hi there! How can I help you?