wBAN on Polygon
What does this mean?
You are now able to wrap BAN into wBAN, on the Polygon blockchain, with crazy low transaction fees => https://polygon.banano.cc
There is more!
A wBAN-wETH liquidity pool has been bootstrapped on SushiSwap.
Through the Wrapped Banano dApp, you have the opportunity to stake your liquidity pool tokens from this pool into the wBAN-wETH farm, rewarding you with wBAN!
Benis is generous!
Benis, our smart-contract in charge of all our farms, starting from today at 7.19PM UTC and 19 seconds (full of potassium, right?) will be giving away 919k BAN until October 9, 3PM UTC!!
As always, APR (Annual Percentage Rate) will fluctuate a lot depending on how much liquidity is provided and staked in the farm.
How does this work?
What’s the wBAN address on Polygon?
The same as the one used for BSC (how convenient? 🤣):
Why is SushiSwap displaying a security warning with wBAN?
wBAN is whitelisted on ApeSwap, on Binance Smart Chain.
Unfortunately we aren’t whitelisted (yet?) on SushiSwap.
As long as you ensure that “wBAN” is the above token address, you’ll be fine:
How can I transfer my wBAN on BSC to Polygon?
I already setup MetaMask for BSC, what should I do?
Great: you’re almost good to go.
You can use the same wallet/address on the Polygon network.
The Polygon app will assist you and add the required custom network for you.
Even better: both the BSC and Polygon apps will check that you are connected to the proper network, and will otherwise assist you switching networks.
As always, this is not financial advice, there are inherent risks associated with DeFi, from impermanent loss to smart-contract or app bugs. DYOR!
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Join the Banano Republic!
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