DCTDAO announces $2 Cross-Chain Bridge and upcoming Yield Farming Program
DCTDAO, a quantum-resistant cross-chain DEX, is proud to announce the launch of a new interoperability bridge called the $2 Cross-Chain Bridge. As the name implies, a cross-chain transfer from Ethereum to Avalanche will cost just two US dollars.
With the $2 Bridge, Ethereum users can quickly move to a low transaction fee trading environment–with full support for custom tokens. DCTDAO users can seamlessly transfer assets between Avalanche and Ethereum without having to register or relinquish custody of their assets.
Yield Farming Opportunities on Avalanche with DCTDAO
DCTDAO has earned a lot of recognition recently, especially after incubation with TrustSwap, a full-service incubation platform for promising DeFi projects. To date, twenty-three projects have raised a collective $25M in funds on the TrustSwap Launchpad.
Both Tokenplace and Verso are a couple of the latest successful TrustSwap Launchpad clients.
DCTDAO is launching yield farming opportunities for both Avalanche and Ethereum users, on Avalanche. Those looking to bring liquidity over to Avalanche can easily transfer Verso and Tokenplace tokens with the $2 Bridge.
Starting next week, our investors will be able to buy and stake DCTDAO, Tokenplace & Verso on our decentralized exchange and receive yields of up to 200% APY!.
We are setting up farming pools on our exchange for DCTDAO (DCTD), Verso (VSO), and Tokenplace (TOK) tokens that will allow the locking of these tokens for the duration of the program.
The following token pairs will be eligible for yield rewards.
The exact APY’s for each pair will be announced soon!
To participate, token holders first have to add liquidity to DCTDAO and stake the liquidity pool tokens on the appropriate staking pool on the TrustSwap staking portal.
We’re excited about this program and there are more details to come!
Stay tuned to our channels for the details of the Yield Farming APY’s and step-by-step instructions.
DCTDAO is a revolutionary new platform that leverages Avalanche fast, gas-less and scalable blockchain with the capability to have multichain swaps to multiple blockchains like Ethereum and others. DCTDAO users can enjoy fast trading with Multi-Wrapped tokens as well as having the ultimate Quantum Proof security. For more information, visit Dctdao.org
TrustSwap is a multichain, full-service digital asset ecosystem that offers: P2P/OTC Escrow, Time-release payments, Launchpads, Incubator programs, NFT marketplace, Team token & Liquidity Locks and automated distribution protocol solutions. Their purpose is to build tools and applications that ensure the security of crypto for everyday hodlers and large venture capitalists alike. For more information, visit TrustSwap.org
Verso is a decentralized marketplace for centralized highly regulated financial industries. By allowing millions of mainstream consumers to gain easy and intuitive access to DeFi protocols without leaving the comfort of their preferred e-wallet app, Verso is enabling non-finance applications to offer financial products to their user base in a rapid and scalable manner. For more information, visit Verso.finance.
Tokenplace is a next-generation trading platform that provides a high-level overview into the diverse landscape of digital assets. By connecting all their exchange accounts to the Tokenplace terminal, traders can get the best prices on the market by taking advantage of unique order-splitting algorithms to optimize and conceal their trades.
Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first decentralized smart contracts platform built for the scale of global finance, with near-instant transaction finality. Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box.