We are excited to announce that phase 1 of the incentivized vampire elastic cross-chain swap will take place on Feb 26.
What is an elastic cross-chain token swap? 🤯
It is an easy way to swap your slow and expensive ERC20 rebase tokens directly for their better BEP20 counterpart called DITTO - the first elastic supply project on the Binance Smart Chain!
Why are we doing this? It is plain simple. ETH is unusable. BSC is legendary.
In other words… Ethereum is currently unusable due to extreme gas fees. On Binance Smart Chain users can gamble for a fraction of the costs.
The ditto.money team wants to offer all crypto degens out there an easy way to switch.
Program - ELASTIC FLIPPENING
On Feb 26 users will be able to swap their slow, expensive Ethereum elastic supply tokens for DITTO BEP20 tokens at 1:1 USD value without slippage and receive a 10% bonus airdrop on top.
To swap, users simply deposit tokens in a smart contract on the Ethereum blockchain. The DITTO will then be credited to the users’ addresses on Binance Smart Chain.
For the first batch, 100,000 DITTO will be made available. Users will be able to swap on a first-come, first-serve basis.
Swappers will get a 10% DITTO bonus. For instance, a user who swaps 5,000 USD worth of AMPL will receive an extra $500 worth of DITTO on top of the swap amount. The bonus will be automatically airdropped to the wallet a day after the conclusion of the swap period.
100% of the proceeds from the swap will be used to buy back DITTO on Pancakeswap. All bonus DITTO has been sourced by the DITTO team via buybacks ahead of the swap. That way we will grow the market cap and userbase of DITTO without diluting the holdings of current holders and LPs.
GENERAL INFORMATION 👇
When: 26 Feb, 10:00 AM UTC
Where: DITTO Website - ditto.money/swap
Who can participate?
All AMPL, DIGG, MARK, BASE, and BASED holders.
There is a cap of 10000 DITTO per user.
Ditto.money is the first elastic supply project on Binance Smart Chain. Our mission is to provide the BSC community (and everyone else) with a store of value and payment token based on the latest rebase tech. DITTO is not just a token — it’s also an ecosystem with dapps for staking, governance, and NFT-based gamification.
Do you want to know more about DITTO? Join our Telegram and ask :)