YokaiSwap announced this Monday, January 10, through its Twitter account, the integration of Nervos Network with Binance Smart Chain (BSC).
“Nervos Network has been integrated with Binance Smart Chain. The bridge will make it easier for users to transact between the Binance Smart Chain and Nervos blockchains using BNB and CKB, the native cryptocurrencies of the respective blockchains. Taking advantage of the BSC bridge, we will include BNB in Yokaiswap.com on January 15, 2022”, he said through an article published on the Medium platform.
The company commented that, to celebrate the listing of BNB / CKB and BNB / YOK, we will organize an initial liquidity offering (OIT) on January 13, 2022, at 1:00 a.m. m. UTC. You will have the opportunity to buy YOK 30% off with your BNB committed within the 48 hour window, the pairs will be listed shortly after the OIT ends.
ILO summary of BNB:
• YOK available in OIT: 400,000 USDC in YOK offered with a 30% discount
• ILO Participation Page: https://yokaiswap.com/ilo (Bookmark this for ILO launch)
• ILO opening date and time: January 13, 1:00 a.m. m. UTC
• ILO end date and time: January 15, 1:00 a.m. m. UTC
• Date and time of reward: January 15, 4:00 a.m. m. UTC
What is the “Overflow” selling method?
According to the company, basically the more you enter, the more discounted YOK you will get and you will get BNB that is not converted. In the “Overflow” method, users can subscribe as much or as little as they want to the IDO, and their final allocation will be based on the amount of funds they deposit as a percentage of all funds contributed by other users at the time the subscription ends. sale. Users will receive the leftover funds when they claim their tokens after the sale.
“It is possible not to receive tokens at all – if you commit a very small amount of BNB compared to the total amount committed by others, your contribution may be such a small part of the total that you may not qualify for even a small portion of the chips sold. In such a case, you will still be able to claim all the BNB tokens you pledged”, he added.