WiseSoft is initiating a sale of a new BSC variation of its original contract. This sale began through the WISE Liquidity Transformer Event on April 27th, 2021.
WISE Token on the BSC
The event will run for 15 days and will be capped at 200,000 BNB (Binance Tokens), offering $544,000 in instant cash prizes (paid out in BNB) to qualifying participants. WiseSoft expects to create an initial $200 million liquidity pool of BNB-backed WISE on Pancakeswap. The WiseSoft team will keep no portion of the allocation for themselves, as the WISE token contract automatically locks the liquidity, resulting in complete decentralization.
Currently, WISE has three primary use cases: WISE, as a stand-alone token, is a store of value –backed by an unremovable pool of ETH on Uniswap; this will soon be true of BNB on
Pancakeswap too. Holders can provide liquidity to partner DEXs, or to the WISE reserve pools
(coming soon) to earn interest from any ecosystem profits.
WISE tokens can also be locked on the WISE staking contract to earn interest over any desired
duration. This can be done with insurance as well, which lowers the penalty of ending a staking
contract early to just 10% of the initial. Uniquely, staked WISE creates a dynamic price floor for
the WISE ecosystem.
Launching in Q3 is a fully decentralized contract for lending and borrowing any crypto traded on
a decentralized exchange – similar to Aave and Compound – but without the need for price
oracles and human intervention. Users will be able to borrow or lend any token found on
PancakeSwap for interest/APY that adjusts for supply and demand. This contract includes
leveraged lending, a service no other crypto project offers.
QUOTE “This is one of many major developments coming to WISE in 2021,” says Peter Girr, CEO
BSC will provide a better user environment with lower network fees and faster transaction
times, making WISE on BSC a better choice for the average investor.
• The WISE Liquidity Transformer Event begins on April 27th, 2021 at 00:00 UTC.
• To participate visit bsc.wisetoken.net.
• After the 15 days have elapsed, the contract will initiate a complete integration with BSC
and PancakeSwap. The contract will end the event early if 200,000 BNB are raised
before the 15 days are up.
• During the 15-day presale, the WISE team will be offering additional incentives to early
investors totaling $544,000 in upfront incentive payments.
Early investors can choose from 6 Modes to qualify for incentive rewards during the presale:
Mode 1: 1% immediate cashback (First $25 million).
Mode 2: Lottery – $100 to 1000 investors (Invest 10 BNB to qualify).
Mode 3: $100K grand prize to the biggest investor.
Mode 4: $25k to the biggest investor and $25k to a random investor investing at least $25k.
Mode 5: $10k to the biggest investor and $10k to a random investor investing at least $10k.
Mode 6: $5k to the biggest investor and $5k to a random investor investing at least $5k.
*Presale incentives end as soon as the pool reached 200,000 BNB.
About WiseSoft, LLC
WISE token sets the ethical standards for DeFi. It is a fairly launched, fairly distributed, fully
decentralized, audited, crypto-backed, and highly liquid asset. The team raised $40 million in
ETH back in December 2020, an indication of widespread interest in an ethically-built project.
The WiseSoft team, with the help and guidance of the WISE community, is dedicated to making
the future of finance completely trustless. For any questions, email [email protected] or
join our Telegram channel.
YouTube channel (Wise Staking) for the latest news.
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.