New Yield Farming Platform Raises $1.75 Million in Bear Market, With 50% of Tokens Staked at 300% APR

Home ” diary » New Yield Farming Platform Raises $1.75 Million in Bear Market, With 50% of Tokens Staked at 300% APR

A new yield farming platform has raised $1.75 million in a bear market with 50% of the tokens purchased in the presale already staked, giving stakers an impressive 300% APR.

Investors continue to flock Bitcoin BSC ($BTCBSC) They expect that the presale could trigger a supply shock in the open market since most tokens are locked in the stake contract.

Therefore, traders are hoping to get into the updated version of Bitcoin at a price of less than $1 as early as possible, believing that it can somewhat mimic the $BTC bull run.

Bitcoin BSC causes FOMO as stake-to-earn attracts investors

Bitcoin BSC ($BTCBSC) is a groundbreaking yield farming project that is quickly causing FOMO among investors due to its stake-to-earn mechanism.

This Stake project follows the success of recent Bitcoin derivatives such as BTC 2.0 and BTC20 – the latter offered early adopters a five-fold return in its heyday.

Bitcoin BSC offers the opportunity to get “early” into the upgraded version of Bitcoin at $0.99 before a Bitcoin-like price explosion occurs.

The project introduces a new staking concept that aims to reduce selling pressure at launch and create long-term utility for the token through passive earning.

It integrates a verified and immutable staking contract that releases $BTCBSC tokens according to the original Bitcoin block reward schedule.

Those who stake their $BTCBSC earn a percentage of the rewards through the easily accessible proof-of-stake mechanism, which does not require expensive mining equipment and is energy efficient.

The more $BTCBSC is staked, the higher the share of rewards goes to stakers.

The project effectively brings Bitcoin onto the Binance Smart Chain and allows it to leverage Ethereum’s technology and security as it is built on the same codebase.

By deploying on the Binance Smart Chain, $BTCBSC was able to offer faster transaction times at a lower cost. Additionally, the token will be accessible via popular mainstream wallets such as MetaMask and Trust Wallet.

In addition, Bitcoin BSC also has the potential to integrate a variety of Ethereum-based dApps, allowing it to expand its ecosystem into new DeFi areas such as lending or play-to-earn.

Tokenomics is a tribute to the history of Bitcoin

The total supply of Bitcoin BSC reflects the BTC supply of $21 million.

The presale pays homage to Bitcoin’s history by selling 6.125 million $BTCBSC at a price of $0.99.

This turns the clock back to Bitcoin’s early days, when there were 6.125 million BTC in circulation for $1 in April 2011.

The presale is divided into two phases, with the $4 million BTCBSC setting the soft cap. Once this is achieved, an additional $2.125 million $BTCBSC will be available for overflow to reach the hard cap.

The total supply available in presale is 29% of the total tokens.

After the presale, at least $14.455 million BTCBSC will be locked into the immutable stake contract to provide rewards to stakers for the next 120 years – according to the Bitcoin block schedule.

This means 69% of the supply is locked away.

The final 2% of supply is pre-mined to provide liquidity to decentralized markets.

50% of tokens already deployed – liquidity bottleneck expected?

Participation is expected to generate community-driven enthusiasm for the project, with collective action by those involved driving the prosperity of all participants.

The staking pool is already active and the project offers rewards of $0.25 BTCBSC per block.

At the time of writing, over $800,000 $BTCBSC has already been staked – that’s more than half of the tokens purchased in the presale.

Those who bet now can earn an impressive 300% APR:

Of course, this APR will decrease as more stakers join the stake pool, but it will provide significantly higher returns than traditional stake tokens, which typically offer around 5% APY.

Experts believe that due to this token and staking structure, there will be a shortage of $BTCBSC in the open markets for new entrants after the presale.

They assume that the majority of the offer is already blocked, as 69% is automatically forwarded to the deployment contract.

Additionally, staking numbers show that the majority of presale participants are also staking their tokens, further reducing the supply of $BTCBSC that can be purchased on decentralized markets.

Therefore, experts believe that new entrants will be forced to pay higher prices after the presale as they will likely have difficulty finding $BTCBSC at the $0.99 purchase price.

With pre-sales selling out quickly, retailers are encouraged to line up earlier as fundraising is expected to take no longer than two weeks.

Otherwise, traders can buy the token on decentralized markets once it is traded on platforms like DexTools – albeit at higher prices.

Which other tokens are showing signs of momentum?

It’s not just Bitcoin BSC that continues to thrive during a bear market.

Wall Street Memes ($WSM) is another token making waves, with pre-sales taking place over the past few weeks – making it the last chance to position yourself before the token launches on Tier 1 exchanges.

Wall Street memes are set for an epic Tier 1 release

Wall Street Memes ($WSM) has been the talk of the town in recent months and has helped raise well over $25 million in presales.

The project has quickly become one of the most sought-after tokens in the meme coin space as retail traders and whales begin to feel FOMO in the final days of presales.

The goal is to make a mockery of the greedy capitalists on Wall Street through meme-based humor.

The memes posted have gone absolutely viral, making the social media site the go-to source for trading and finance-related memes on the Twitter/X platform and generating over 40 million monthly impressions.

It even caught the attention of CEO Elon Musk, who has commented on the hilarious nature of the memes on multiple occasions;

The popularity of the memes has allowed Wall Street Memes to build a cult-like following on social media, attracting over 1.1 million followers to its community.

This large following leads analysts to believe that $WSM guaranteed a centralized Tier 1 exchange token listing right after its launch.

They expect the huge community to generate significant trading volumes for exchanges and anticipate that Tier 1 exchanges like Binance or OKX could be lining up to take them public.

As a result, whales and retail traders are starting to feel FOMO in the final days of the presale.

One whale even purchased $850,000 worth of $WSM in one purchase – a testament to his extraordinary confidence in the project;

Overall, Wall Street Memes has laid the groundwork to become the next meme coin sensation in the market with its internet culture, meme-based humor, and decentralized finance.

The perfect balance between hype and FOMO has been struck to attract the attention of whales and influencers like Elon Musk.

Due to its huge community, Binance could move to take the project public at the end of September, which would result in an extraordinary price increase – which could repeat the success of $PEPE.

Since you only have to invest a few days, you have to be quick before the presale ends.

Buy $WSM today

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