The core principle on which DxSale is built is their autonomous, decentralized and cross-chain, token management platform. SALE enables the seamless onboarding of projects to facilitate and grow out a project’s ecosystem.
Introduction
DxSale has completed its presale and is now live on BSC and listed on PancakeSwap.. SALE has announced that its Contract Address (0x97bb08ba41f033beaac315169fc566ac9e0daf52) has been sent to Coingecko and Coinmarketcap as a request to add the BSC contract address to its existing ETH token address. SALE was distributed on the DxSale presale page.
In August 2020, SALE raised 484 ETH in total and locked 240 ETH in liquidity for Uniswap. The DxSale team is anonymous and the platform is totally decentralized such that users do not need to rely on or trust anyone to utilize the Decentralized Autonomous Organization (DAO). Earlier in 2020, SALE had launched on Uniswap and locked its liquidity with UniCrypt. Now the token has launched on the Binance Smart Chain (BSC). DxSale used 1 million SALE token from its liquidity token wallet to generate the SALE token distribution that will enable BSC users to trade $SALE tokens.
SALE on Binance Smart Chain
The DxSale team had to deal with a large volume of orders from the BSC side such that the team had to deprioritize the BSC bridge they were to work on. However, the team decided to go ahead with bringing the SALE token to BSC as an IDO. As time goes on, the team intends to work on a parallel ETH-BSC Bridge.
The decentralized, cross-chain platform aims to Mint the total supply that it has on ETH. Tokens will also be sent to the burn address which will be the equivalent to when the
Proof of burn gets minted. After the presale, 95% will be locked for liquidity for a month. Locked tokens will also be used to facilitate the ETH-BSC Bridge contracts. The team has stated they will “also be bringing DxStake to BSC to allow SALE (BSC) to be used for airdrops.”
The core principle on which DxSale is built is their autonomous, decentralized and cross-chain, token management platform. SALE enables the seamless onboarding of projects to facilitate and grow out a project’s ecosystem. It is a combination of the features of an ICO (permissionless) and centralized launchpads which gave birth to a new standard by DxSale called DCVCF (Decentralized Crypto Venture Capital Funding). With the move to BSC, DxSale can provide a better standard for its communities and users through its launchpad and features.
Source : bsc.news
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