We at PolkaCipher are excited to announce that our $CPHR token will be listed on Pancakeswap on the day of IDO.
Moving to the Binance Smart Chain (BSC) was a well-planned strategic decision and our team, partners and community believe that BSC is the best place to launch the $CPHR token.
There are multiple reasons as to why we are moving to the Binance Smart Chain:
1. Ease of use
2. High Transaction Volume
3. Lower Transaction cost
4. Matured and Large community
5. Huge Traction and TVL
6. Innovative Defi Products
The BSC network, which is compatible with the Ethereum Virtual Machine (EVM), can be easily ported over Ethereum based apps (dapps) and users. This is proven by seeing more and more migrated dapps and users that don’t want to pay enormous gas fees on Ethereums Blockchain.
The Binance Smart Chain is leading the Defi revolution and PolkaCipher is happy to move to BSC for the token launch with ETH-BSC being the first community that will leverage PolkaCipher’s technology.
PolkaCipher is a privacy-preserving oracle network on the Polkadot Blockchain focused on bringing the use case of private NFTs to off-chain businesses and be a bridge for seamless integration to on-chain Defi apps.
PolkaCiphers unique offerings help push the use-case of the NFTs in real-world scenarios while still being connected to a cross-chain network that is fair and accurate. PolkaCipher intends to achieve business goals by helping users transact privately and securely using NFTs as a mode of access to different decentralized apps (dapps) and real-world business rewards.
More news and updates coming soon from PolkaCipher. Be sure to follow us and set alerts via Twitter and in Telegram Community.