LuaStarter announces integration with Binance Smart Chain (BSC)
LuaStarter is more than excited to announce that they will integrate Binance Smart Chain (BSC) and support IDOs launching on Binance Smart Chain.
Now LuaStarter is ready to grow its reach into more blockchain ecosystems, and empower $LUA holders with the access to various IDO projects across different networks of the world of DeFi.
Just like TomoChain, Binance Smart Chain is another scalable, EVM-compatible and fast-growing blockchain network. Soon enough, $LUA holders on TomoChain and Ethereum will also have the opportunity to invest in early-stage projects on Binance Smart Chain through LuaStarter.
FAQs:
Q: How do I participate in IDOs hosted on Binance Smart Chain?
Registration: If you’ve already joined any IDO on LuaStarter, then you’re all set to go. If you haven’t, please connect your wallet to LuaStarter at least 3 days before the IDO opens to complete your registration.
Tier Requirements: The staking requirements are the same. You just need to add $LUA into LuaSafe or LUA-TOMO(E) pool (on TomoChain or Ethereum) at least 3 days before the IDO opens, and remain held throughout the 3 days to be qualified for a tier, and have a secured allocation. In simple words, tier qualification will take place on TomoChain and Ethereum regardless which blockchain the IDO is launching onto.
Token Commitment: For IDOs on Binance Smart Chain, you might need to hold some $BNB and other stable coins issued on Binance Smart Chain depending on which cryptocurrency the IDO project accepts.
Q: Would there be any cross-chain bridge between TomoChain and Binance Smart Chain?
Not yet.
Q: Would $LUA and $TOMO be available on Binance Smart Chain?
Not at the moment.
About LuaStarter
LuaStarter is the first multi-chain fundraising and Initial Distribution Offering (IDO) platform based on LuaSwap exchange.
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