We are very excited to announce our strategic partnership with Tenet, who are best known to have introduced an innovating Layer 2 AMM connector platform to the world of DeFi, also known as Liquidity Tap.
To celebrate this partnership, we will present a new bBollar bank, which is our most successful and recent product from the bEarn.fi ecosystem. Likewise, Tenet will introduce a Liquidity Tap pool with a BDO/TEN pairing.
Tenet is a project committed to building connectors and toolkits in the DeFi that provides liquidity accelerators, liquidity operation tools, DeFi trading aggregator, long tail asset lending solutions, etc.
The basic function of Tenet is serving as a cross-chain Automated Market Maker (AMM) connector that provides a decentralized Liquidity Tap for various tokens. The Liquidity Tap is the powerhouse of the Liquidity Pool, employing a dynamic algorithm to give the Liquidity Providers fairer, richer and more efficient incentives. Thus, Tenet has the ability to attract more token holders to provide liquidity overtime.
bEarn Fi is a cross-chain product in Decentralized Finance (DeFi) that at its core provides yield generation, casino/gaming aggregation, bridge, treasury and governance on multi-chain: Binance Smart Chain blockchain (BSC) and Ethereum blockchain.
bDollar is the first algorithmic stablecoin on Binance Smart Chain with an innovative solution that can adjust its supply deterministically to move the price of the token in the direction of a target price to bring programmability and interoperability to DeFi.
Inspired by Basis and its predecessors, bDollar is a multi-token protocol that consists of three tokens: bDollar (BDO), bDollar Shares (sBDO), and bDollar Bonds (bBDO).
bDollar/Tenet bank launch details:
The newly added Bank will be a BDO/TEN pairing:
A total of 5000 $BDO tokens will be distributed in 2 weeks
- Rewards start: https://bscscan.com/block/countdown/4044000
- Rewards end: https://bscscan.com/block/countdown/4444000
- Rewards rate: 0.0125 $BDO per block
Also all users who provide liquidity in this pool will get $TEN token as an extra incentive during the same period, and as fellow partners; $TEN tokens will be used in all our games and also be able to be staked in our upcoming vaults and many other products in the future.
bEarn and bDollar