Asset backed token from WISE launching on Binance Smart Chain with BSCstarter
BSCstarter, a community-focused fundraising platform for Binance Smart Chain (BSC), has announced the launch of the WISB token through an exclusive partnership with WISE, an asset-backed cryptocurrency designed to be a secure store of value that can be staked to earn trustless interest.
As part of the partnership, holders of the BSCstarter native token START will receive first access to participate in the sale and receive a 10% discount. The sale will begin on April 26, 2021, at 18:00 UTC.
WISE offers ownerless, asset-backed crypto with a truly unique model in that it is not pegged.
To become a safe and price-protected store of value, WISE is backed by Ethereum tokens (ETH) and WISB will be backed by Binance tokens (BNB).
As a result, WISB moves with BNB as well as independently, circumnavigating fears of extreme volatility, whale manipulation, and bringing an unparalleled level of security.
Recently, WISE launched on Ethereum and raised a notable 55,900 ETH (valued today at approximately $142.5M) through a 50-day fair-launch presale. Ninety percent of the ETH raised was locked in the LP on Uniswap, rocketing WISE into the top 10 tokens, ranked by liquidity on Uniswap.
“WISE token is the ethical standard for all DeFi projects. It is a fairly launched, fairly distributed, fully decentralized, audited, crypto-backed, and highly liquid asset. The BSCstarter community is excited to support such an innovative project that also allows for exponential rewards.”
– Lionel Iruk, Special Counsel at BSCstarter
Binance Smart Chain + WISE
WISE aims to bring a highly liquid lending protocol to Binance Smart Chain. The token utility is already live and allows for staking lending/borrowing and liquidity provision, with more features to come including leveraged lending or collateral staking contracts for earning interest on long positions, and integration with Casper Labs, Polkadot, and Cardano.
As a platform where the community votes which BSC projects to list using collective due diligence and Do Your Own Research (DYOR) skills, the BSCstarter community supports the best opportunities launching on Binance Smart Chain. In the last two weeks, the platform has funded NFT platforms in FomoLabs (FOMO), and the and WallStreetBets (WSB) token launch.