BoC News & Updates
Bank of Chain Beta Release
New version to be released in September
After four months of continuous work and alpha testing, Bank of Chain (BoC) is moving on to the next stage, launching the new beta version.
The team works daily to offer a better application to all users, focusing on improving the product in aesthetics, functionality, and user experience, and, above all, on incorporating more decentralized finance services, seeking to offer a platform that is as easy to use and as simple as possible.
This new release aims to test and improve BoC’s tools, smart contracts, and administration functions, as well as collect live data to help update the model and simulations. BoC is building a more robust platform on which it is possible to develop, now and later, on solid foundations.
Here are some details and news of what is coming with the implementation of the beta test version, which will be launched in early September.
Which are the upcoming enhancements?
- New user interface with integrated rebranding
- New feature: USDi tickets
- New feature: realized and unrealized profit
- New feature: realized and unrealized APY
- New allocation strategies
More details on each of these features will be available soon.
In addition, the BNB chain will be deprecated in this new version. However, BoC will continue to support Ethereum Mainnet and Polygon and continue to work on the development and constant improvement to connect and include new networks, as planned.
The underlying smart contracts of the BoC protocol have been thoroughly and repeatedly tested, and the BoC contracts are currently under the first third-party audit.
The following is a demonstration video of the new version that will soon be ready for everyone to enjoy and generate returns just by depositing their cryptocurrencies there.
⚠️ Important Notice to all BoC users ⚠️
As the new USDi contracts will be deployed, BoC kindly asks all users to withdraw all their funds on all networks (BNB Chain, Polygon, Ethereum) no later than October 1st.
Here is the link to a short tutorial demonstrating how to withdraw funds from BoC DApp.
Indeed, BoC encourages users to re-deposit funds to continuously earn interest and benefits from the protocol while showing their support for BoC.
Community support is essential for BoC to continue to grow and innovate; it would greatly appreciate it.
About BoC
Planning to become the next generation of Decentralized Banking (DeB), BoC is a DeFi protocol that provides the best long-term return with nearly no risk, where you can deposit your cryptocurrencies and get an APY of around 10%. Designed for newcomers as it is straightforward to use and provides a sustainable and secure return on investments.
Official Website https://bankofchain.io/
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