The SX team has been working the ApeSwap team to bring SX token liquidity to the Binance Smart Chain (BSC) blockchain. This proposal will:
• Launch the SX token on the largest Ethereum layer two blockchain, Binance Smart Chain
• Bring exposure and education on SX and SportX to a new audience (BSC & ApeSwap)
• Launch on a prominent and well respect DEX on ApeSwap ($420M TVL)
• Have a 90 day+ incentivized pool for SX liquidity providers on an SX-BNB pair, earning Ape Swap’s native token BANANA
• Attractive APR for LPs, will be dynamic based on trading volumes and TVL
• BNB is called the 4th largest crypto asset in the world and is the native token of BSC and the crypto exchange Binance. https://www.coingecko.com/en/coins/binance-coin
SX will need to: • Provide $300,000 worth of SX tokens to a staking farm where ApeSwap users can earn SX. The $300k worth of SX will be released over 90 days to Ape Swap users who stake their BANANA*
*SX liquidity providers can also use their BANANA to earn SX during the 90-day staking pool.
Partnering with ApeSwap to list on a new blockchain will introduce SX to a massive new audience of crypto users while increasing liquidity and trading volume on the SX token. The ApeSwap team will be available to answer any questions in the discord and will be co-marketing the SX-BNB farming opportunity on their social media channels.