Bitbns Announcements
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Ascent launches soon!
The true power of decentralization will be in your hands. Time to invest in projects of your choice in choice.

https://twitter.com/bitbns/status/1322238486603202560

#CryptoHiSahiHai
Tik tok Tik tok ..... Can you guess the website name where it goes live. It's a brand new website ? Getting compiled right at this very moment ⚡
The ship has sailed from shore!

Ascent is live for projects. We invite the projects to play the testnet at launchonascent.com

https://twitter.com/bitbns/status/1322248920345440258

Note: There is no fees to participate as a investor or to list your project on Ascent, Be safe from scammers asking money from you.

#DeFi #CryptoHiSahiHai
We are checking the pool sale allocation issue. Would be fixed
Pool sale allocation issue has been fixed.
Announcement #41
What's going on with BNSD you ask, Here is a short recap and update from and for the Past, Present, Future.

We are bringing BNSD governance now!!!
For more information read here - https://bit.ly/2I025fc

➡️ https://twitter.com/bitbns/status/1323979137644589062
CPX trading, deposits and withdrawals are paused until further notice. There's an upcoming merger plan.

The merger’s token exchange ratio will be 1:2.5, and is calculated based on a 60-day moving average (trailing average) of the price of both tokens. After thorough consideration, this is the best method of calculation of recent “smoothed” value, taking various factors such as volatility and outlier data points into consideration, and is a fair approach for both sides. Thus, 1 CPX (NEP-5) will be exchanged for market value proportional 2.5 PHB. After the value peg, it’s only natural that the value of the tokens pre-swap would be linked.

Read more at: https://blog.red-pulse.com/red-pulse-phoenix-phx-apex-network-cpx-merger-plan-9e7ed7b6a278
Tic toc tic toc ⏱️
A lot of you have discussed about changes to block rewards. What would you like it to be. The first governance proposal would be around that

Currently it is 125 per block.
Anonymous Poll
16%
62
33%
25
13%
100
39%
Keep it 125
Bitbns Announcements
https://twitter.com/bitbns/status/1324929619313635330
Close to 200k $BNSG minted by users by burning $BNS or $BNSD
A lot of the users have requested to get to activate a way for them to be able mint bnsg from bitbns itself before the proposal voting starts.

So we are working on adding that first. Ideally more people voting would give the actual picture.

Post that the first proposal around rewards change would go live.

Already around 2% of BNSG already has gotten minted by users. We expect about 5% + with the addition of option on bitbns for users to convert to BNSG.