Celestial To Launch New Galaxy On BSC

Celestial will be opening up the new galaxy, BSC (Beta version) on October 27, 2021.

All of the fee income from the Marketplace (NFTSwap) on BSC is used to repurchase CELT, which is based on the respective proportions of the total amount of BSC and OEC.

The fee income from the Financial Center on BSC (Auto Farm) is all used to repurchase CELT, and the repurchase is carried out according to the respective proportions of the total amount of BSC and OEC.

The fee income of Galaxy Swap (DEX Aggregator) on BSC is all used to repurchase CELT, which is carried out according to the respective proportions of the total amount of BSC and OEC. The battleship auction revenue on the BSC is partially used to repurchase CELT, which will be repurchased according to the respective proportions of the total amount of BSC and OEC.

The total amount of Celt remains 5 million unchanged, the initial total amount of Celt entering the BSC galaxy in the OEC galaxy is 1 billion, and the total amount of Celt remaining in the OEC galaxy is 4 billion. Every time a new galaxy is opened up, the total amount of Celt in the OEC galaxy will decrease accordingly.

After the official version of the BSC is stabilized, Celestial will have two categories of CELTs on BSC which will be CELT (BSC) and OCELT (OEC), of which OCELT is directly cross-chain from OKEx Chain. CELT and OCELT will be exchanged at a real-time price.

RESOURCES
Medium