MegaBSC, First Project to Build Hybrid Definition Alliance Protocol from 2 Blockchains

farid (21)in #megabsc • 3 years ago

MEGABSC

MegaBSC, The First Project to Build Hybrid Defi Alliance Protocol of 2 Blockchains, is a platform that can be used to transact between the Binance Smart Chain (BSC-BEP20) and Polygon (MATIC) networks. MegaBSC provides a more flexible platform for users to use. Transactions between networks are indeed something that is very necessary to be able to carry out transactions effectively at low costs, and that is the main goal of MegaBSC.

MegaBSC Swapping Token

Just like Pancakeswap, Justswap, and other token swap platforms, MegaBSC also provides a platform to be able to swap tokens that can even be done on different networks, namely BEP20 and Matic.

Token swaps are divided into 2 parts:

Direct Exchange of one token with another token facilitated by a special exchange service
Cross-Chain Exchange, or Migration of a cryptocurrency token to the other blockchain. BEP20 Matic, Matic BEP20
MegaBSC Farming

Users can do farming to be able to get rewards for every transaction from the AMM Exchange, which comes from every transaction fee paid by the person making the transaction. Incentive rewards will be paid in $MEG Tokens and other tokens.

Like when farming using pancakeswap, we will receive a number of LP-Cake tokens, we will benefit from every user transaction on the AMM Exchange. There are several liquidity Pools (LP) for farming $MEG Tokens:

MegaBSC Staking

Staking is a system that has the same way of working as mining, but does not require a specific machine and is not run manually. Staking will run automatically by the system only by holding tokens and rewards will also be given in the form of tokens as well. Usually tokens will be locked for a certain period so that tokens that are held cannot be used for transactions.

Staking pools are MEG, BNB, BUSD, USDT, BTCB, and ETH

Exchange Platform by MegaBSC

MegaBSC will provide its own exchange platform between tokens provided that each user is required to pay a transaction fee of 0.2% of the transaction value.

0.17% — Returned to liquidity pools in the form of a fee reward for liquidity providers.
0.03% — Sent to the MegaBSC Development Treasury.

But before that, MegaBSC will cooperate with several large platforms to support MEGABSC’s performance in the market so that it is better known and facilitates business processes for users.

Security Partners

MegaBSC cooperates with many major platforms to ensure the security of transactions, user personal data, and other things. This is very important in order to avoid hacking or other cyber crimes.

Tokenomics

Token Name : MEGABSC
Token Symbol : MEG
Network : BEP-20
Smart Contract : 0x3989bd3be17cf689872cc00c3754e6bf6484717d

For token allocation, MegaBSC regulates a number of allocations to maintain the stability of the user’s asset value so that it remains stable and even increases. The token allocation is: