The Ternoa blockchain is built to provide data transfer and hosting services
Ternoa, one step closer to the Binance ecosystem
Ternoa is a blockchain built on substrate that is geared towards long term data storage, encryption and transmission with different sending protocols. The Ternoa ecosystem already comprises Decentralized Applications (dApps) for Business-to-Consumer and Business-to-Business use cases.
Ternoa’s technology will allow individuals and companies to transfer their data (personal messages, pictures, wallet seeds, health data, insurance data, etc.) to their trusted ones and to the next generation without any intermediary. The sending protocols have been thought to adapt to any kind of situation. This includes needing a specific date, or a specific set of variables that are situational.
CAPS Off to Ternoa
Ternoa also has recently launched their own token, the $CAPS, which will govern the blockchain and work behind the scenes funding their NFT time capsules and more. The token was first listed on Gate and Uniswap on May 28th, 2021.
Each week the blockchain project reaches new milestones, following its roadmap perfectly step by step, and keeping their supportive community informed with exciting announcements everyday on their social media channels.
Ternoa $CAPS Liquidity Pool Launched on PancakeSwap
PancakeSwap is theleading decentralized exchange (DEX) on Binance Smart Chain, with the highest trading volumes in the market for swapping BEP-20 tokens. It deploys an automated market maker model, supporting the creation of permissionless liquidity pools.
On June 22nd, 2021, Ternoa officially launched a $CAPS pool liquidity on PancakeSwap. This allows liquidity providers across the board to participate in acquiring the Ternoa token, as well as allowing easy, cheap and trustless swapping of $CAPS tokens.
Ternoa Bridge – Connecting Two Ecosystems
In order to support their users with the launch of the $CAPS liquidity pool on PancakeSwap in the best way possible, Ternoa launched its bridge for $CAPS ERC <> BEP20.
This Bridge is a cross-chain bridging service made to increase interoperability between blockchains. It will allow users to seamlessly swap $CAPS ERC <> BEP20, meaning that users will be able to seamlessly buy $CAPS on PancakeSwap, swap them, and send them to their Ternoa wallet.
The $CAPS liquidity pool on PancakeSwap has officially brought Ternoa onto Binance Smart Chain, and opened up doors to many future collaborations with Binance and other large cryptocurrency/blockchain companies.
Ternoa’s NFT on the Binance NFT Marketplace
On June 7th it was announced that Ternoa was chosen to be one of the 100 specially selected creators to join the Binance NFT Marketplace. This exclusive “invitation-only” platform was launched on June 24th, and is set to offer a carefully selected range of unique high quality Non-Fungible-Tokens (NFTs). Based on BSC and the low costs connected to it, this platform aims to attract investors and art lovers alike. Ternoa’s acceptance onto the NFT platform gives both recognition and great reward for the project’s remarkable creativity.
Since the Ternoa Blockchain is based on the Polkadot ecosystem, Ternoa is currently working on a NFT bridge to achieve cross-chain interoperability between the Binance Smart Chain NFT and Polkadot.
This will allow users to buy NFTs on the Binance NFT Marketplace and to send them to their Ternoa wallet to use as Time Capsules, allowing Binance NFTs to be stored in a highly secure way and transmitted through various protocols over long periods of time.
The Ternoa Adventure Has Just Begun
These recent ties with Binance are just some of the many important partnerships Ternoa has made with blockchain-platforms and investment funds, all set to increase the project’s international exposure and cement its image as an up-and-coming player within the crypto-environment.
There is much more to come for Ternoa, not only in building stronger ties with Binance, but also in adding to their supportive community. The Ternoa team has recently announced that starting in July, staking $CAPS will be made available for everyone, and that they are working on new upcoming listings, partnerships, dapps and more. The adventure has just begun!
Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
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Source : bsc.news
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