We're excited to announce our first single asset staking on BSC (Binance Smart Chain) in collaboration with Hot Cross. Users will be able to stake $FRONT and $HOTCROSS ( BEP20) in Cross Pool by HotCross and earn rewards in $FRONT.
What is Cross Pool?
Cross Pool is a member of the Hot Cross product suite that offers a secure and decentralized way of rewarding users for staking both LP tokens and single-sided, traditional BEP20 tokens. The protocol can technically work for various staking scenarios and on any EVM network. However, in the first stage it will be used as a means of distributing a new token and rewarding users for staking other LP or BEP20 tokens.
🤑 $FRONT Rewards Pool
About 300,000 $FRONT is allocated as rewards for staking $FRONT and $HOTCROSS.
- $FRONT Staking pool is allocated 70% of reward allocation i.e 210,000 $FRONT. Users will be able to Stake/Unstake $FRONT instantly without having any delays or time-locks.
The rewards accumulated by staking FRONT will have 14 Days time delay from the day of unstaking from pool.
- $HOTCROSS Staking pool is allocated 30% of reward allocation i.e 90,000 $FRONT. Users will be able to Stake/Unstake $HOTCROSS instantly without having any delays or time-locks.
The rewards accumulated by staking $HOTCROSS will have 14 Days time delay from the day of unstaking from pool.
⏰ When does Cross Pool go live?
Cross Pool will go live on 28th May, 2PM UTC.
🤓 How to participate in Cross Pool?
Step#1: Get FRONT / HOTCROSS BEP20
If you are having $FRONT on Ethereum – Use the bridge bsc.frontier.xyz to bridge FRONT ERC20 to BEP20
If you are having $HOTCROSS on Ethereum - Use https://bridge.hotcross.com/ to bridge HOTCROSS ERC20 to BEP20
Step #2: Visit https://crosspool.hotcross.com/
connect wallet -> switch to BSC network -> stake $FRONT in FRONT Pool and $HOTCROSS in HOTCROSS Pool to earn $FRONT rewards!
Happy FRONT farming!
About Hot Cross
Hot Cross is an extensive multi-chain and cross-chain tool suite that enables blockchain teams and their communities to thrive. At its core, Hot Cross aims to be the best toolbox for ETH and EVM networks. Their development philosophy is agile and they are a cohort of builders who aggressively seek out opportunities to meet the demands of the now for both B2B and B2C. The core thesis that Hot Cross presents is that users and teams, when presented with sufficient tooling and freedom, will migrate in part to new networks that feel familiar. While Hot Cross is a company and an ecosystem in and of itself, our goals are towards allowing niche communities to flourish using our technologies, whether or not they know we are the ones building them.
Frontier is a Chain Agnostic DeFi Aggregation layer. Using Frontier, Users can Track and Manage DeFi positions, Stake Assets, Swap or Exchange Assets and explore more DeFi Applications in one single place.