Cryptonovae’s $YAE Expands to Binance Smart Chain via DuckBridge
While Ethereum certainly serves us well, lavish gas fees aren’t for everyone. It’s therefore time that we expand to the much-cheaper and infinitely-quicker Binance Smart Chain (BSC).
Thanks to the helpful team behind DuckDAO, we’re the first project to utilise the newly-announced DuckBRIDGE, allowing users to seamlessly convert their ERC-20 $YAE to BEP-20 $YAE and vice versa. We thank the Ducks for their unending support!
First off, we’ve utilised magic math and cryptography to keep the same contract address between ETH and BSC — yes, we’re cool like that. Always make sure you’re interacting with the correct address:
Here’s your daily dose of technical details:
- DuckBRIDGE usage entails a 0.3% transfer fee on each transaction
- The bridge is able to convert a daily limit of 500,000 $YAE. If you’re late, try again tomorrow!
Exchanging BEP-20 $YAE
Let’s eat some cakes, shall we? $YAE has been listed on PancakeSwap, enabling instant and cheap $YAE-$BNB swaps.
Here’s your handy direct link:
This handy tutorial will teach you the basics of connecting your web3 wallet to DuckBRIDGE as well as everything you need to know for successful $YAE bridging. To connect your MetaMask wallet to the Binance Smart Chain, check out this guide.
But will there be liquidity?
Certainly! Liquidity is already available via PancakeSwap, with users being able to add additional $YAE-$BNB liquidity in exchange for their fair share of transaction fees. Soon enough, further $YAE incentives will be deployed, welcoming the BSC community to Cryptonovae’s magic.
About Cryptonovae
Cryptonovae is building an all-inclusive cryptocurrency trading ecosystem, with seamless access to CEX/DEX platforms, modular trading tools, and a powerful charting engine. $YAE is now interoperable between the ETH & BSC chains, providing diverse in-platform use cases and numerous incentives.
Investing in YAE tokens involves the risk of a partial or total loss of the investment. There can be no assurance as to the liquidity of the tokens acquired during the offer, the existence of a secondary market for such tokens, the value of the tokens acquired during the offer, and the equivalent value of these tokens in foreign currency.
The YAE tokens do not constitute financial instruments within the meaning of European regulations (MIFID) and do not confer any other rights than those described in our pitch deck and technical white paper. In addition, the regulatory framework applicable to the offer and to the tokens and the tax regime applicable to the holding of the tokens is not currently defined in certain jurisdictions.