Our milestone development update as we approach full protocol launch
We have been on an informative journey of development and adjustment since the genesis day of our Laboratory and Test-Tube farming options. A strong community response and incorporation of cutting edge blockchain technology has led us to the next dual stage of our development roadmap and release schedule.
Introducing BetaPAD
BetaPAD holds a strong position in our ecosystem as our very own launchpad for our own native tokens and some of the newest and most innovative projects entering the #BSC space.
We carried out an initial community survey and found that many members did not like Bounce and BSCPad as offering methods and found them to be quite convoluted and complicated.
Hence, we have made the launchpad simplistic in design to allow for easy use and accessibility and you will only need a non-custodial wallet configured to BSC to access any of our native or external offerings. If you are unsure of how to configure your chosen wallet i.e. Metamask please review guidance here
To use BetaPAD, connect your selected wallet and deposit BNB (Binance Coin) into the pool noted. Please check maximum contribution amounts, token offering and sale duration metrics before committing any funds.
The BetaPAD platform can be accessed here
We have implemented our very own custom smart contract to allow you to receive the tokens you purchase via BetaPAD immediately, via a Fixed-Swap auction system.
The first offering token via BetaPAD is our platforms native token BETA. Its current offering price is in the 8.40 range for the first round, 12.50 for the second round and 15.80 listing value on PancakeSwap. BETA is the multi-function token of our ecosystem allowing you access to future offering on BetaPAD. Each new project that uses our launchpad will have a required entry holding of BETA to allow participants to enter in the sale and this will be checked via an automatic wallet scan.
We have a multitude of interesting projects that will be launching in the coming weeks from varied sectors including:
lending/borrowing, insurance, yield farming, price aggregation and stable coins
Future improvements of BetaPAD and projects to be listed will be voted on as part of the BetaDAO voting system.
Welcome to BetaZOOM
BetaZOOM, One of our highest anticipated parts of our eco-system, will be launched during the first week of May and it will hold its place as one of the most efficient cross-chain tools in the market to date.
We have analysed the pro’s and cons of many interoperability solutions currently available on #BSC and #ETH and found that they all lacked certain elements to meet the needs of all users.
That brings us to BetaZOOM. Within this DAPP, you will be able to port ETH native tokens to BSC and BSC to ETH in less than 1 minute. This has been achieved by utilising one of the smart scaling options on ETH OMG Network, to address the scaling and gas issues faced per block on each ETH transaction. We have incorporated this layer 2 to effectively boost the release of tokens on the target chain almost instantaneously.
This is just the first stage of BetaZOOM’s computing power. We have also implemented the ability to directly stake an Ethereum native token in our Test-Tube utilising our own DEX’s Master Contract and the BetaZOOM bridge. Within the DAPP for BetaZOOM you will see an option (ISTAKE).
ISTAKE will allow you to hold your native token on the ETH network within the BetaZOOM master contract and mint BETH on BSC in a 1:1 manner. This BETH can be exchanged via our DEX to any BSC native token and farmed in our LP’s or staked as if you held native #BSC tokens initially.
Please note, that to use BetaZOOM you will need to hold 10 BETA tokens in your wallet.
We will continue to develop and improve the interoperability of BetaZOOM and support further chains and asset pegging from i.e. BTC, SOL, ADA and DOT dependant on the demand from the community.
