TORUM Updates - BSC Integration, TORUM Finance, XTM Public Sale and more...

TORUM Updates - BSC Integration, TORUM Finance, XTM Public Sale and more...

By knowhow92 | Knowhow | 24 Mar 2021


Welcome to this week's TORUM Update and oh boy I've got some really exciting news to share with all of you!

If you read my previous TORUM update then you know that XTM Pre-Sale is over and that TORUM is preparing for a CEX and DEX listing.

TORUM team revealed some juicy details about the future of TORUM and XTM in their previous update such as BSC Intregation, TORUM Finance, XTM Public Sale and more.

Let's cut to the chase and discuss about all these changes

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Binance Smart Chain Intregation

It's no joke that Binance Smart Chain (BSC) is the center of attention the past few months. New projects choose to build their dapps on BSC instead of ETH and that makes sense cause BSC fees are like 100 times lower than ETH fees.

Team TORUM takes user experience very serious so they decided to expand XTM into the Binance Smart Chain (BSC) ecosystem. Everything will begin with creating another contract - BXTM (BEP-20) and TORUM users can decide in which chain (ETH or BSC) they want to trade their XTM on

But wait, there's more...

The Birth of TORUM Finance

TORUM Team knows that DeFi is here to stay so TORUM with the help of their partner Blocklime (https://www.blocklime.com/) will be launching it's own DeFi platform called TORUM Finance as well as a new token called Exchange Torum Finance (XTF) which can only be earned by providing liquidity in TORUM Finance

Team TORUM is already working on it and here's a sample of their work

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TORUM Finance will undergo 3 Phases before it's officially live

  • Phase 1 - ETH x BSC Bridge (cross-chain transactions)
  • Phase 2 - Liquidity Farming * Shard-Dust Multipliers + Metamask Integration
  • Phase 3 - DeFi x NFT Staking Mechanism

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Sneak peak from NFT Staking Mechanism on TORUM Finance

More details about XTM and TORUM Finance will be announced in a future TORUM official update so stay tuned.


XTM Public Sale

Good news for all those of you who missed the #XTM Private sale.

An #XTM Initial DEX Offering (IDO) will take place in a few months followed by the #XTM DEX listing.

There are also gonna be some changes in the XTM tokenomics like TORUM Team letting off their portion, while Pre-Sale participants might have to undergo a vesting period to ensure a successful token listing.

More details will be announced once the TORUM Whitepaper v3.0 is out and I personally can't wait to see what's in store for all us #Landers. Until then...

Keep Calm and #TORUM On


Sign Up on TORUM

You can sign up on TORUM though my referral link and we both earn 75 #XTM when you verify your account. It's free, fast and super easy to grab those XTM

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After signing up you can invite your friends, earn #XTM by completing missions and help us build this innovating and unique ecosystem called TORUM.


Thank you all for your support

As a full-time online hustler, supporting my content allows me to keep doing what I love.
Much love to everyone and always have fun.
@Knowhow92

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knowhow92
knowhow92

I am a passionate skateboarder from Greece who loves creating content related to skate, crypto and travel


Knowhow
Knowhow

I am a passionate skateboarder from Greece who loves sharing content related to skateboarding, travel and crypto. I am also the organizer of the worlds's 1st decentralized skateboarding community called "SkateHive" built upon Hive Blockchain.

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