BOLT joins BEPSwap as Launch Partner

2019-07-11 — 3 min read

BEPSwap

BEPSwap was announced on 10th of July 2019 as the first go-to market platform for the THORChain protocol.

Any BNB or BEP2 holder will be able to swap BEP2 tokens at market prices — instantly from their wallet. They can also stake their assets in these pools to earn trade commissions. This is a ground-breaking moment for liquidity and by turning unproductive assets into productive ones the incentives are aligned to turn illiquid tokens into deeply liquid ones.

BOLT

Bolt is building an ecosystem of users, partners, and content creators, in order to bring best-in-class digital services to emerging markets. Bolt will become a medium of choice for high-quality, informational and hyper-local content for content creators and consumers all around the world.

The $BOLT token is the token of the ecosystem, aligning incentives for users, allowing them to share in the value of the ecosystem as a whole. Users get paid $BOLT to download and consume content, and publishers pay in BOLT to acquire attention. This corrects the problems around traditional advertising and content dissemination.

BOLT ON BEPSwap

The Bolt platform requires the $BOLT token to be deeply liquid and accessible to all who want to be part of the ecosystem. By joining as a BEPSwap Launch Partner, BOLT will be one of the first pools, as well as attaining “BASE PAIR” status. This means token holders can choose to swap into and out of BOLT to any other token, including viewing all other tokens in prices of BOLT.

Additional benefits include:

THORChain will acquire off the market BOLT tokens between now and the launch in order to bootstrap the BOLT pool.
THORChain and BOLT will work together to promote the ecosystem.
BOLT will be able to stake some parts of their treasury into the pool to offer even more liquidity to token holders.
BOLT token holders will be able to stake BOLT tokens in order to earn on trade commissions every day.

We are absolutely delighted to be partnering with THORChain and joining BEPSwap as a Launch Partner. As part of the Binance Chain ecosystem, we are keen to support like-minded teams within the family to jointly grow the adoption and utility of the ecosystem.

BEPSwap is a landmark partnership for us. In the last 4 months, we have received numerous requests by our token holders on the best mechanism to stake their BOLTs. BEPSwap will now make this possible, and bring liquidity and staking benefits to the BOLT community.

We look forward to work closely with THORChain and launching BEPSwap!

— Christel Quek, Co-Founder BOLT ⚡️

BEPSwap is scheduled for public beta in 6–8 weeks. Prior to that, the RUNE token will be listed on Binance DEX to establish a market price with good distribution.

BOLT Update

Bolt has exceeded 114K+ App Installs for BOLT+ and have added over 30 live TV channels to BOLT+. Now, you can watch Channel News Asia, CGTN, Al Jazeera, France24 and Euronews on BOLT+.

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