BSC Launch Information

We posted about our upcoming BSC launch in our last update at epoch 222.

With TSD’s bootstrap period coming to an end on epoch 240, there has been a lot of interest in the BSC launch, and in particular how pre-allocation will work. To make sure that everyone understands the process and no one misses out by mistake, we will be as clear and detailed as possible.

Our BSC cross-chain implementation will launch in February 2021 or earlier. The exact date will be announced at a later time. Don’t worry, we will give you enough notice to get ready!

We thought very hard about the best way to launch TSD on BSC, and we wanted to ensure that existing TSD community supporters are rewarded for their participation that made TSD possible. There will be 3,000 BSC TSD tokens at launch, to be distributed as follows:

• All 3,000 TSD premined to those who burn tokens and buy coupons before the Snapshot Date.
• The weight is calculated by w = 340/epochPurchase to increase the motivation for early coupons buyers

The BSC TSD tokens will be airdropped to the same address on BSC as the address that was holding the coupons as at the Snapshot Date.

The Snapshot will be taken at Epoch 340–345.

Finally, because Dr. Dev committed to purchase coupons from his 3 millions tokens, he will also receive a share of the 3,000 BSC TSD tokens under the distribution model above. Dr. Dev will commit all of these allocated tokens to providing liquidity on Pancakeswap at launch, paired with BUSD, at the price of 500 BUSD/token at that time.

We hope this makes everything clearer. As always, feel free to drop in our Telegram or Discord channels for a chat and ask questions if you are still unsure.