XRT goes to BSC & PancakeSwap

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Robonomics announced the integration of XRT into the Binance Smart Chain ecosystem. Now XRT is available for trading on PancakeSwap, the decentralized exchange on BSC with the largest daily trading volume of $ 1 billion. Trading in XRT on PancakeSwap started today.

Partnering with AnySwap to develop a $ XRT ERC-20 to BEP-20 bridge has resulted in several results for the XRT holders:

  • XRT trading on the exchange with the highest liquidity;
  • an extension of the Robonomics DAO Incentive Program – 13 XRT are rewarded for each 1% of a liquidity pool owned by a staker on the combined LP of PancakeSwap & Uniswap. More details available Here.

The preference for Binance Smart Chain in many projects was determined by specific problems within the Ethereum network. In particular, the scaling problem, followed by high transaction fees, has become the impetus to look for a cheaper solution.

Who is who?

Robonomy is a decentralized Robotics & IoT platform based on Polkadot & Ethereum.

A team of scientists and blockchain evangelists has been developing the platform since 2015. Robonomics’ mission is to bring the economy of robots into the 4th industrial revolution.

XRT’s utilities are:

  • Participation in Robonomics Parachain;
  • Execution of transaction fees for robotics and IoT devices;
  • Governance, which is the ability to manage and implement changes in the Robonomics platform.

Anyswap is a fully decentralized cross-chain swap protocol that enables swap between any coins on any blockchain that uses ECDSA or EDDSA as the signature algorithm.

PancakeSwap is a decentralized exchange (DEX) best known for exchanging BEP20 tokens in Binance Smart Chain (BSC) and providing the highest liquidity among all BSC DEXs.