WISE Token is Coming to Binance Smart Chain (BSC)
FOR IMMEDIATE RELEASE
LOS ANGELES, CA, APRIL 20, 2021 — WiseSoft is initiating a sale of a new BSC variation of its original contract in its WISE Liquidity Transformer Event on April 27th, 2021. 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. “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 firstname.lastname@example.org or join our Telegram channel: https://t.me/WiseToken.
Follow us on Twitter (@Wise_Token) and Instagram (@wisetoken), and subscribe to our YouTube channel (Wise Staking) for the latest news.
- Wise Token Staking Dashboard
- Official Wise Token Documentation
- LinkedIn (WiseSoft, LLC)
Peter Girr, Founder & CEO