Help FUEL Our Launch 🚀 Stake USDT in OpenSwap Bridge Vaults!
Dearest Trolls,
We are thrilled to announce our new Fixed Staking Campaign for USDT on Binance Smart Chain and Avalanche Mainnet C-Chain 🚀🚀🚀.
The campaign parameters are set to be of two choices (45 days and 90 days) for each respective blockchain, Binance Smart Chain and Avalanche Mainnet C-Chain!
Help fund OpenSwap Bridge Vaults with USDT prior to our mainnet release and earn lucrative rewards for doing so!
Why are Stables Needed for OpenSwap Bridge to work?
In recent times, there has been a rapid expansion of blockchain and constant new DeFi projects introduced to the community, as such, crosschain interoperability becomes increasingly crucial.
This allows blockchain ecosystems to interact with each other, even though they exist on different chains. At OpenSwap, our team’s goal is to build a bridge that would enable users to effortlessly move tokens from one chain to another at a low cost 🎉🎉🎉.
For the OpenSwap Bridge to work, it would require stablecoins to be filled up in the Bridge Vaults of each chain. It is imperative that these our Bridge Vaults need to be filled up satisfactory because it will directly impact the successfulness of OpenSwap Bridge on mainnet, in the sense that the staked amounts will dictate how many crosschain swaps we can support, as well as the maximum size of these crosschain swaps we can cater to!
In a nutshell, the Bridge Vaults are going to release tokens based on the chain you select, along with the help of our Troll Workers validating the nodes behind the scenes, to securely transfer the tokens.
Quick Guide For Our Loyal Bridge Trolls
Go to Our Staking Page 👉 https://www.openswap.xyz/#/staking
Fixed Staking Campaign for USDT on Binance Smart Chain 🔶:
📅 Campaign Start Date: July 8, 2022
🕐 Campaign Start Time: around 13:45 UTC
⏳ Campaign Duration: 14 days
45 Days Option: 28.75%
90 Days Option: 34.50%
Fixed Staking Campaign for USDT on Avalanche Mainnet C-Chain 🔺:
📅 Campaign Start Date: Jul 8, 2022
🕐 Campaign Start Time: around 13:45 UTC
⏳ Campaign Duration: 14 days
45 Days Option: 35.58%
90 Days Option: 43.90%
💻 Quick Guide
Step 1: Connect your desired network to either: Binance Smart Chain or Avalanche Mainnet C-Chain, proceed by going to the staking page.
Step 2: Choose whether you’d want to participate in the 45 Days or 90Days Fixed Staking Campaign.
Step 3: Click “Get vtUSDT” button
Step 4: Add liquidity to USDT Vault on your desired network: Binance Smart Chain or Avalance Mainnet C-Chain.
Step 5: Click on the “Stake” button
Step 6: Stake your vtUSDT token and enjoy the spoils upon the end of the staking period.
Extending our bridge vault to stablecoins from other supported chains
After successfully launching OpenSwap Bridge on Binance Smart Chain and Avalanche Mainnet C-Chain and achieving operations stability, we will in the very near future release tokens as well as extend our crosschain bridge to Ethereum, Polygon, and other high-potential chains that are EVM-compatible.
We urge all our supporters and followers to pay attention to our socials and follow our announcement channels closely for crazy exciting news ahead!
About OpenSwap
OpenSwap is the world’s first DEX providing on-chain swaps at zero slippage with hybrid smart routing, and an ANY-to-ANY single asset cross-chain bridge. As the DeFi universe continues to expand, liquidity becomes increasingly scattered across multiple chains and the situation is poised to get worse as new chains emerge with individual DEXs on each chain. OpenSwap aims to become every crypto project’s BFF through a set of key offerings that will empower teams to establish funding and sustained token health, allowing teams to focus on what they do best — BUILD.
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