SaTT is proud to announce that the team will be integrating a bridge to the Binance Smart Chain, with the aim to extend the SaTT infrastructure and to deliver a variety of goods for the group as well as to tap into the powerful and quality home in another block shop (BSC).
This integration will see the SaTT BEP20 be listed on PancakeSwap with BNB > SATT & BUSD > SATT and open a liquidity pool to celebrate this integration.
This is a big mover and well-articulated team choice owing to the benefit of the BSC network. Thus, SaTT is used as a token BEP20, a Binance Smart chain token protocol that expands and strengthens the ERC-20 token standard of Ethereum.
The same receiver address for a given wallet is used by both BEP20 and ERC20, thus improving consistency in the separate chain.
The bridge address: 0x655371c0622cacc222732e872e872a68034f38e04d6e5 from SaTT Wallet can be transmitted directly to SaTT BEP20 (and vice versa).
Why This Move Matters?
The standalone Binance Smart Chain was regarded as an addition to the Binance Chain, according to Binance. Both chains are complementary with dual chain architecture – the Binance Smart Chain offers decentralized applications (dApps) without congestion, optimized for ultra-fast exchange.
These features make the service of dApps very effective and optimized at a lower cost. The reduced costs of advertisement are one of the main qualities that make blockchain-based advertisements special. To this extent, the Ethereum network has not been able to live up to its name as the Ethereum blockchain transaction costs have risen to an average $23 all-time peak.
The assumption is that while transaction cost through the Ethereum network increases to a ludicrous sum, it would possibly take hours, if any, to manage a lower fee transaction. The capacity of SaTT is a fast and successful blockchain ad network is thus further limited.
Since it remains unclear if gas charges can be compensated by the proposed ETH 2.0, SaTT must take proactive action in pursuit of a more optimized innovation elsewhere in accordance with its ever-greater ecosystem.
The transaction to the Binance Smart Chain (BSC) would make it possible for advertising transactions to cost between 5 cents and up to 12 cents in less than 5 seconds. The advertisement network SaTT would undeniably be improved to retain its name as a cost-efficient, high-speed advertising platform.
There has been a huge interest behind BSC in recent months. Binance Smart Chain has recently surpassed Ethereum with the regular volume of the transaction, its low fees, and its fast transaction architecture according to a recent survey. This makes their existing decision more detailed and capable of firing the SaTT ecosystem.
SaTT Holders to Receive an Airdrop
The team will initiate airdrop in the next few days to allow SaTT ERC20 holders to port to the BEP20 token. The SaTT token edition of BEP20 is to be issued to all ERC20 SaTT holders. The airdrop snapshot date will soon be announced and further instructions will be issued. For the time being, SaTT holders do nothing more than wait for further direction.
The token edition of SaTT BEP-20 is available to add an ERC-20 version, allowing quick user access from both chain pages. It is important to note that the team would also update the publicity network SaTT to support the newly proposed Binance Smart Chain.
They are also finding ways to get SaTT BEP20 on other BSC-based AMM DEXs, such as BakerySwap. The aim of the listing will be to list top exchanges to ensure their continuously growing group a stable trading climate.
This represents a key point in the SaTT environment in order to provide the whole advertising business with an unbeatable and highly coveted benefit.