Today, the wait is over! We have officially launched the BEP-20 version of the CHR token! The contract can be viewed here:
Users can receive BEP-20 Chroma tokens in the following ways:
- By withdrawing CHR tokens from Binance and selecting ‘BEP-20’ as the blockchain network (available now!)
- By using the bridge at ChainSwap https://exchange.chainswap.com/ (in development)
- Through the official Binance Bridge at https://www.binance.org/en/bridge (in development)
Once you have CHR tokens onto the Binance Smart Chain network, you can trade it on PancakeSwap beginning at May 25, 2021 WED 05:00 UTC. In addition, you may also participate in the related staking event on PancakeSwap. Read more below:
CHR PancakeSwap Staking Event:
Option 1: Stake CAKE, and earn CHR
Total Reward Tokens: 2,860,000 CHR
Token rewards per block: 1.655 CHR
To give as many CAKE holders the opportunity to Farm some juicy pool rewards at a high APY, there will be a 100 CAKE token cap staking limit per user for the first 48 hours.
Option 2: Stake CHR-BUSD LP tokens and earn CAKE
Distribution duration: 60 days
Start block: 7706800 (approx. 5 AM UTC on May 25th)
Finish block: 9434800 (approx. 5 AM UTC on July 24th)
PancakeSwap will provide a CHR-BUSD farm with 2x CAKE rewards for the first 48 hours and then 1x CAKE rewards after that. To participate in this staking option, complete the following steps:
- Provide CHR-BUSD liquidity on PancakeSwap
- Proceed to https://pancakeswap.finance/syrup
- Stake the LP tokens you received in Step 1
- Earn CAKE rewards
For more details and a staking guide, read this: https://pancakeswap.medium.com/pancakeswap-welcomes-chromia-to-syrup-pool-caead8362553
The Beginning of an Expansion into the BSC Ecosystem
Through our work with My Neighbor Alice, we have enhanced BEP-721 NFT tokens by storing additional linked data on the Chromia blockchain. Due to Chromia’s relational blockchain architecture and RELL programming language, it excels at data handling in a way that Solidity never can. Bridging the CHR token and establishing a presence on BSC is the first step to becoming a Layer-2 provider for Binance Smart Chain based projects.
We have several key developmental milestones lined up for release this year. To stay connected, visit our website, follow our Telegram announcement channel, or check us out on Twitter.