Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: EAA-ALLAH on March 29, 2021, 12:34:25 AM
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KeyFi, a platform designed to ease asset management across decentralized financial protocols (DeFis), announces the release of its token on Binance Smart Chain and shares crucial listing, staking and development updates.
KeyFi token launched on BSC, listed on PancakeSwap (CAKE)
According to a press release shared with no link shorteningday, KeyFi token is launched on Binance Smart Chain (BSC) today, March 28, 2021. Given the fact that the Ethereum (ETH) version of its token is already live, KeyFi becomes a multi-chain protocol.
Also, KeyFi announces listing its token on leading BSC-based decentralized exchange, PancakeSwap (CAKE). Staking instruments will also be available for KEYFI holders.
The KeyFi team recalls that all Uniswap (UNI) stakers should move their riches to the new V2 rewards contract as the V1 contract will not be active anymore.
Then, based on the results of the community referendum, one million KEYFI tokens will be allocated to Binance Smart Chain (BSC). Source (https://cryptonews.net/502660/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
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At present the transaction fee is extra to sell any token listed on Ethereum platform and UNISwap exchange. That's why I think if every token is added Binance smart chain (BSC) then there will be no higher gas fees for any token transaction. And the reason is that the Binance smart chain charges a very small amount of gas fees.
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Each DeFi token is listed on Uniswap. However, ETH extra gas fee is tough to deal with here. So losing popularity. Currently DeFi projects are much more popular on the bsc platform. The level of transactions here is constantly increasing. So DeFi is getting more and more popular
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I think Keyfi is using BSC because of so much hogh fees in the ethereum block making it harder for people to buy sell. So they are launching their tokens on BSC as bsc is really cheap in terms of trx fee.
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KeyFi, a platform designed to ease asset management across decentralized financial protocols (DeFis), announces the release of its token on Binance Smart Chain and shares crucial listing, staking and development updates.
KeyFi token launched on BSC, listed on PancakeSwap (CAKE)
According to a press release shared with no link shorteningday, KeyFi token is launched on Binance Smart Chain (BSC) today, March 28, 2021. Given the fact that the Ethereum (ETH) version of its token is already live, KeyFi becomes a multi-chain protocol.
Also, KeyFi announces listing its token on leading BSC-based decentralized exchange, PancakeSwap (CAKE). Staking instruments will also be available for KEYFI holders.
The KeyFi team recalls that all Uniswap (UNI) stakers should move their riches to the new V2 rewards contract as the V1 contract will not be active anymore.
Then, based on the results of the community referendum, one million KEYFI tokens will be allocated to Binance Smart Chain (BSC). Source (https://cryptonews.net/502660/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
@EAA-ALLAH Modaretor sir You have made a very nice post about Keyfi and have a very good opinion about BSC I agree with your post. Please let us know if there are any more updates.
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You have made a very good post about Kefi and Binans Smart Chain. Currently, these two platforms are making great strides in cryptocurrency. And cryptocurrency is moving very fast now which is why all the platforms are improving. There is a lot of potential for improvement in the future.