We’re thrilled to announce our first single asset staking on BSC (Binance Smart Chain) in collaboration with HotCross. Users will be able to stake $ZEE and $HOTCROSS ( BEP20) in Cross Pool and earn rewards in $ZEE.
What is Cross Pool?
Cross Pool is a part of the Hot Cross product suite that offers a secure and decentralized way of rewarding users for staking both LP tokens and single-sided, traditional BEP20 tokens. The protocol can technically work for various staking scenarios and on any EVM network. However, it distributes a new token in the first stage and rewards users for staking other LP or BEP20 tokens.
$ZEE Rewards Pool
About 300,000 $ is allocated as rewards for staking $ZEE and $HOTCROSS.
- $ZEE Staking pool is allocated 70% of reward allocation, i.e. 210,000 $ZEE. Users will be able to Stake/Unstake $ZEE instantly without having any delays or time-locks.
- The rewards accumulated by staking $ZEE will have 28 Days time delay from the day of unstaking from the pool.
- $HOTCROSS Staking pool is allocated 30% of reward allocation, i.e. 90,000 $ZEE. Users will be able to Stake/Unstake $HOTCROSS instantly without having any delays or time-locks.
- The rewards accumulated by staking $HOTCROSS will have 28 Days time delay from the day of unstaking from the pool.
How to participate in Cross Pool?
Step 1. To participate in the Cross Pool, users would need $ZEE/$HOTCROSS in BEP20
If you are holding $ZEE in the Ethereum network, Use the ZeroSwap Bi Direction Bridge to move the $ZEE ERC20 to $ZEE BEP20.
If you are holding $HOTCROSS on Ethereum Network — Use https://bridge.hotcross.com/ to bridge HOTCROSS ERC20 to BEP20.
Step 2. Visit https://crosspool.hotcross.com/
- Connect wallet and switch the network to Binance Smart Chain
- Stake $ZEE in $ZEE Pool to Earn $ZEE
- Stake $HOTCROSS in $HOTCROSS Pool to Earn $ZEE.
Happy Farming 🌽
About Hot Cross
Hot Cross is an extensive multi-chain and cross-chain tool suite that enables blockchain teams and their communities to thrive. At its core, Hot Cross aims to be the best toolbox for ETH and EVM networks. Their development philosophy is agile, and they are a cohort of builders who aggressively seek out opportunities to meet the demands of the now for both B2B and B2C. The core thesis that Hot Cross presents is that users and teams, when presented with sufficient tooling and freedom, will migrate in part to new networks that feel familiar. While Hot Cross is a company and an ecosystem in and of itself, our goals are towards allowing niche communities to flourish using our technologies, whether or not they know we are the ones building them.
Hot Cross Social Channels: Website | Telegram Community | Twitter | Reddit
About ZeroSwap and ZeeDO:
ZeroSwap is a multi-chain compatible decentralized exchange aggregator focused on making zero-fee transactions possible. We aim to make on-chain trading simple and easy by providing access to Ethereum, Binance Smart Chain, and DEXes access under one roof. One of the core utilities of ZEE is to reduce friction in fundraising using digital assets, in order to solve that, we have been building a Dex Offering Platform Called — ZeeDO.
