Migration Process Starts in 3 Days!

We are excited to share a major update from the Binstarter Renaissance! Our journey towards innovation and excellence continues with a significant milestone: the comprehensive migration to the new BSR 2.0 token. This upgrade introduces enhanced security features, zero transaction tax, and a streamlined process for our community members. Let's dive into the details of this transformative step and the accompanying updates.

1. Preparation Phase

Starting on June 26, 2024, we will gradually transfer our liquidity to the new contract. To avoid any losses during this process, users who are currently farming should withdraw their liquidity from PancakeSwap.

2. Migration for Staking Users

We will start the migration on June 26, 2024. From this date, the unstake period for all pools will be reduced to 10 minutes. Therefore, please do not initiate the cooldown process before the announcement or cancel any ongoing cooldown processes. Users who unstake will have the opportunity to instantly stake their new tokens by exchanging their old tokens with new ones through the smart contract we will provide. This will complete the pool transitions. Further details about the migration process will be announced on the same day.

3. Locking Company Funds for 12 Months with Linear Distribution

As you know, Binstarter's vesting period has ended, and according to the old contract, the circulating supply should now match the total supply. However, to demonstrate our commitment to the community during this migration process and to act in the best interest of our community in the upcoming bull market, we have locked all the funds, including the Foundational Reserve, Team, Marketing, Stake Rewards, and Liquidity.

You can access the details through Token Locks on team.finance: https://www.team.finance/view-coin/0x5cE12F6d9F2FcAf0b11494a1C39E09eeB16Ca7e8?name=Binstarter&symbol=BSR&chainid=0x38

Current Status for BSR 2.0 :

• Tokens locked: 62,400,000.00
• Amount in the migration contract: 30,000,000.00
• Amount allocated for liquidity: 4,000,000.00
• Amount allocated for MM: 2,400,000.00
• Amount allocated for Stake Rewards: 1,200,000.00

Exciting Times Ahead!

This migration marks a new chapter for Binstarter, ensuring enhanced security, improved liquidity, and greater benefits for our community. Our contracts have successfully passed the audits by CertiK and SolidProof, underscoring our commitment to transparency and security. We are dedicated to driving innovation and providing you with the best possible experience in the DeFi space.

Thank You for Your Support

Your participation and support are the driving forces behind our success. Together, we will achieve greater heights and redefine the DeFi experience. Stay connected with us for more updates and community-focused events as we continue this exciting journey.

Thank you for being an integral part of the Binstarter community.

About Binstarter

Launched in June 2021, Binstarter is a trailblazer in decentralized finance, renowned as the first multi-chain IDO platform with an Extended Insurance Protocol (EIP). Our platform is committed to transparency, fairness, and innovation, offering secure and efficient fundraising solutions for startups. At Binstarter, we aim to revolutionize the DeFi landscape by reducing risks, enhancing user experiences, and empowering startups for successful launches.

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