Announcing Exciting New Features for BitCrystals: The Bridge, Staking & Liquidity Proving, and DAO
Greetings, BitCrystals community!
We have always cherished our community’s involvement and are driven by our collective passion to innovate and grow. Today, we are beyond excited to share some groundbreaking updates about BitCrystals (BCY) that are set to reshape the landscape and bring forth a myriad of opportunities for every BCY holder. In the upcoming weeks and months, you can look forward to the following BitCrystals (BCY) features being introduced.
- The BitCrystals (BCY) Bridge
The worlds of Ethereum and Counterparty have long been distinct entities. Until now as we’re on the brink of launching the BitCrystal (BCY) Bridge, aiming to simplify BCY transfers between Ethereum and Counterparty.
By using this bridge, BCY users will be able to harness the power of both blockchains, taking advantage of each platform’s unique offerings.
For the Bridge’s smooth operation, we’ve incorporated a two-tier fee model:
- A 2,5% corporate fee from the transferred BCY amount, ensuring the bridge’s sustained and effective functioning.
- A flat 20 BCY for blockchain transactions, which facilitates secure and swift transfers.
In essence, the BCY Bridge enhances the token’s cross-chain versatility, making it more robust and dynamic.
2. Staking & Liquidity Providing
The BCY Bridge is just the tip of the iceberg. Now that the realms of Counterparty and Ethereum are connected, BCY holders have a treasure trove to explore!
By staking your BCY, you’ll unlock the unparalleled capabilities of Ethereum’s smart contracts. This isn’t just about staking; it’s about catapulting your BCY into a world where it can grow, thrive and lead.
And for those with a keen sense for liquidity provision, by pouring into the ETH/BCY liquidity pool, you stand at the heart of a bustling trading hub, ensuring seamless trades and, in return, earning from the trading activity.
3. The Spells of Genesis DAO: Crafting Stories Together
Ever wanted to be part of a game’s lore? With the Spells of Genesis DAO, that’s not a distant dream, but a tangible reality. Very soon, every BCY holder won’t just play the game but will shape it!
Your votes, decisions, and contributions are the threads weaving the vibrant tapestry of Spells of Genesis. Let’s come together, infusing our creativity, and create a game that’s by the community, for the community.
In closing, these updates reflect our unwavering commitment to our community and the broader blockchain ecosystem. We’re on the cusp of a new era for BitCrystals, and we’re thrilled to have you with us on this journey. Let’s embrace the future and let BCY shine brighter than ever!
Stay tuned for more detailed guides on each feature and how you can get involved. 🌟
