Seedify Announces Cross-Chain Integrations with the Ethereum Network
Seedify will use the integration to boost growth, leveraging Ethereum’s increased efficiency post-Merge.
The Merge
The long-awaited Ethereum merge (software update) will most likely occur in September this year, this will be the largest fundamental shift in the history of crypto.
The network has suffered an immense increase in traffic and uncontrolled spikes in gas fees (transaction fees). The merge will ultimately alleviate these bottlenecks, making the network even more secure and less energy-intensive by switching from the Proof-of-Work to the Proof-of-Stake framework.
Ethereum has predominantly been the most popular network for new blockchain entrants, as well as NFT users.
Seedify Leverages the Merge
As Seedify eagerly waits to see one of the biggest moves forward in the crypto industry so far, it is also prepared to integrate with the upgraded Ethereum network by opening a parity pool between its native token, $SFUND and Ethereum ($SFUND/ETH).
The integration will enable Seedify to expand its community, reach new audiences and enable easy adoption for new holders, stakers, and farmers to their ecosystem.
With the multichain support provided, anyone using the Ethereum network will be able to adopt Seedify utilities much faster, thus adding an extra layer of growth to boost their utilities and $SFUND.
$SFUND/$ETH Farms
In an effort to extend the reach of Seedify’s ecosystem, they will also be adding $SFUND/ETH farms very soon, to ensure the liquidity of $SFUND on Ethereum provides a healthy trading economy.
Seedify will also be holding surprise events to boost the exposure of $SFUND to Ethereum native users in order to increase the visibility of $SFUND on the Ethereum network.
How to Use New Features:
Users who want to enjoy the new implemented transfer can simply follow the below easy-to-use tool to seamlessly transfer $SFUNDs between BNB Chain and Ethereum without any issues:
#1: Go to Multichain.
#2: Click on “Enter App” (or alternatively go directly here).
#3: Connect your wallet (ensure you are on BNB Chain).
#4: In the dashboard provided make sure to select the following networks: BNB Chain Mainnet on top, and Ethereum Mainnet at the bottom.
#5: Select $SFUND by searching the token name on both box fields for tokens.
#6: Enter the amount of $SFUND you want to transfer.
#7: Click “Swap” at the bottom.
#8: Click “Confirm”.
#9: $SFUNDs will be transferred to the Ethereum network within minutes.
Holders can also transfer $SFUNDs from the Ethereum network, the process is similar except the first field needs to be changed. There is no commission deduction when transferring $SFUNDs bought from the Ethereum network to BNB Chain.
Cross-chain transactions are very simple and accrue only a small fee to complete the transfer.
Seedify’s contract addresses are as follows:
- BSC network: 0x477bc8d23c634c154061869478bce96be6045d12
- Ethereum network: 0x461d52769884ca6235b685ef2040f47d30c94eb5
For more information on Seedify and to purchase $SFUND please refer to their website. To stay up to date with Seedify’s announcements, follow their social media pages:
Media Contact
Laura Mallory, PR and Content Marketing Manager
E-mail: laura@seedify.fund
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Related News
A New Solana Memecoin With $19 Million: What is Milady Wif Hat?
Named after the renowned Solana meme coin Dogwifhat (WIF), Milady Wif Hat swiftly reached its maximum funding cap of 88,888 Solana (SOL) within hours of its launch.
Introduction: Milady Wif Hat
Milady Wif Hat, a new meme coin on the Solana network, has made waves by swiftly gathering $19 million in funding during its presale in just two hours. Named after the well-known Solana meme coin Dogwifhat (WIF), Milady Wif Hat garnered a maximum funding of 88,888 Solana (SOL).
🎩 Milady Wif Hat presale is now live! 🚀
— Milady (@miladymemecoin) March 18, 2024
Presale is live for the ever-fashionable SOL-loving Milady wif hat. Sending some love to the SOL community now 💗
Wallet address : 4K9tmyjpdu9ogw95JRTZkPkNppw8v1gnuGHBaYir96tt pic.twitter.com/1VdUjilB1E
With Milady Wif Hat, investors could participate with a minimum investment of 1 SOL, capped at 88,888 SOL. The presale, set for a 24-hour duration, saw an overwhelming response, becoming oversubscribed within hours of its launch.
📢 Closure of Milady wif hat presales! 🚀
— Milady (@miladymemecoin) March 18, 2024
Milady Wif Hat presale has soared to its limit of 88,888 SOL and is now closed. 🎉
Any additional Solana raised will have 100% of their funds returned.
Thank you all for the incredible support! 🙌 💖 pic.twitter.com/zEzDGEVlQy
Following the closure of the presale, additional contributions were reportedly returned.
Milady Origins
Milady memecoin's journey began as a decentralized meme token ($LADYS) on the Binance Smart Chain, debuting in 2022. Inspired by the internet meme culture surrounding "Milady" images, which exude grace and elegance, the project aims to infuse humor and lightheartedness into finance.
With a fixed total supply of 1 billion tokens, LADYS employs a deflationary mechanism, burning 10% of the initial supply to enhance scarcity. Furthermore, the tokenomics incorporate a 10% tax on transactions, with 5% redistributed to holders as rewards and the remaining 5% allocated to the liquidity pool, incentivizing long-term holding strategies.
Milady Wif Hat memecoin is the newest addition to the Milady ecosystem.
Challenges Along the Way
Despite its promising trajectory, Milady has faced challenges on its rise. Charlotte Fang, the founder of NFT projects Milady and Remilia, recently confirmed a security breach of treasury addresses, resulting in significant financial losses.
The transfer of ownership of the treasury to the drainer occurred before the suspicious transactions, according to PeckShield experts. Prior to this, in September 2023, Fang reported that the Milady NFT ecosystem developers had stolen about $1 million and hacked its social media accounts.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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