BSC Bridge Pool Launched (Beta)
Hello. This is Bitsonic.
As announced earlier, the BSC Bridge Pool beta service opened.
BSC Bridge is a service that supports interoperability between cryptocurrencies by supporting connection and exchange between BSC (Bitsonic Coin) and other chains. In addition to the basic swap, various functions such as staking, asset history, and coin purchase will be provided sequentially.
Today, we will give you a guide to the things you must know before using the BSC Bridge Pool service in earnest.
BSC Bridge Pool service
For user convenience, BSC Bridge allows you to check the value and rewards of tokens on the main screen at a glance, and staking is also implemented so that users can easily proceed with minimal procedures.
Pool participation period
Every month, from 3 pm on the 1st day to 3 pm on the 28th day (UTC+9)
⚠️ Staking activation begins at 3 pm on March 1.
⚠️ Users can participate in the pool by staking tokens (hBSC) corresponding to each pool. Staking rewards are provided with the tokens set in each pool.
⚠️ Tokens received as rewards for participation in the pool can be obtained immediately. In this case, a transfer fee will be charged. The fees on the Heco chain are charged in HT (Huobi Token), not ETH.
⚠️ The tokens (hBSC) that participate as a pool can be unstaked only if the monthly staking period ends.
⚠️ On the 28th of every month, at 3 o’clock, users must unstake by themselves to participate in other pools provided later.
⚠️ If unstaking has not been performed after the pool is over, additional fees may be charged when withdrawing assets.
Requirements
1. Metamask and Heco wallet
- Click the following link for a guide: https://bit.ly/3r1Tmuh
2. hBSC (BSC can be swapped to hBSC at BSC Bridge)
3. HT (Huobi Token) as a fee
- In the Heco network, all fees, including gas fees, are HT. Therefore, in order to participate in the pool, users must have HT in the Metamask (Heco mainnet).
- BSC Bridge Pool is optimized for web use. It is strongly recommended to use a laptop or desktop.
The first pool of BSC Bridge is provided to BSC holders first.
1. The first pool provided by the BSC Bridge is only the hBSC pool. It is to offer preferential benefits to BSC holders. Therefore, the pool linked with BSC UNI-V2, which is provided when supplying the liquidity of Uniswap, is not offered for this first staking service.
2. Due to the rising ETH gas fee, the fee charged for participation in the Ethereum network pool ranges from as little as $50 to as much as $300 or more. Therefore, in order to relieve the burden of users, only Heco Pool can participate in this round.
(⚠️ Depending on the Heco network’s circumstances, the fee charged to participate in the pool may vary. However, in the case of HT, a meager fee compared to the ETH fee is charged, approximately 0.001$~0.1$ HT)
3. In this first pool, users can participate in a total of 4 reward pools, and all pools consist of a pool that stakes hBSC.
A. hBSC Pool — (MDX) MDX website
B. hBSC Pool — (LHB) LHB website
C. hBSC Pool — (FILDA) FILDA website
D. hBSC Pool — (hBSC) BITSONIC website
- The hBSC reward is not provided from the marketing holdings but is provided as a reward by purchasing BSC as much affordable from Uniswap and swapping with hBSC.
- Each pool’s APY may be higher or lower than the company’s offering target. It is updated in real-time by the cryptocurrency market conditions and the price change of each token.
We will provide more convenient and diverse services through BSC Bridge Rebranding scheduled in March.
Thank you
