Description of NT cross-chain between HECO Chain and BNB Chain

We are very delighted to announce the NT cross-chain between HECO Chain and BNB Chain will officially start at 8 AM UTC on April 7th via https://app.multichain.org/#/router.

Detailed Description

1. The description of NT cross-chain Liquidity

NEXTYPE team has unlocked 20,000,000 NT from the previously locked allocations on HECO Chain and BNB Chain respectively, 40,000,000 NT in total, and added these NT into cross-chain contracts on Multichain as the initial Liquidity.

Users need to pay fees when using the cross-chain service, which Multichain will charge, and the specific rate will be displayed on the NT cross-chain page.

2. The locking amount after adding cross-chain Liquidity

1)360,180,951.698423 NT are locked on Heco Chain: https://hecoinfo.com/address/0xFFf1bc70549fC0Fc70E1103AE8B3d0B5ad83c030

2)599,819,048.301577 NT are locked on BNB Chain: https://bscscan.com/address/0xfff1bc70549fc0fc70e1103ae8b3d0b5ad83c030

3. The initial Liquidity added into cross-chain contracts on Multichain will be constant, which means the total NT amount in the contracts will remain stable. For example, the initial Liquidity added by the NEXTYPE team will remain at 40,000,000. But the service fees paid by users will be temporarily reserved in the Liquidity Pool and will be charged by Multichain regularly.

4. NEXTYPE team will adjust the NT amount in the cross-chain contracts according to its fluctuation in the cross-chain pools on both HECO Chain and BNB Chains to satisfy the cross-chain demands.

5. Adding Liquidity into cross-chain contracts on Multichain is not the sales behavior of the NEXTYPE team, and we guarantee that there aren’t profitable sales of the NEXTYPE team, and we will not add the NT circulation amount. We are willing to be supervised by all of our users regarding the cross-chain Liquidity.

6. The tutorial on how to cross your NT between HECO Chain and BNB Chain: https://docs.nextype.finance/tutorial/how-to-transfer-nt-token-between-bnb-chain-and-heco-chain-on-multichain

The above schemes guarantee the NT total supply maintains 1,000,000,000 after the cross-chain is activated.

Disclaimers

The NT cross-chain is officially supported by the Multichain team, but security risks still exist. So please make sure to read the Multichain user guide before starting the cross-chain: https://docs.multichain.org/how-to-use

Please confirm every step is correct before starting the cross-chain to avoid unnecessary losses. NEXTYPE team shall not be liable for the losses caused by the user’s personal errors.

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NEXTYPE

NEXTYPE

The world’s leading blockchain game-integrated distribution platform provides players with top blockchain game experience. https://nextype.finance/