What is BSCS Station (BSCS)? Detailed instructions on how to join IDO on BSCS

Overview of BSCS Station (BSCS)

What is BSCS Station?

BSCSstation is a platform that provides DeFi services and utilities to crypto users on Binance Smart Chain . BSCSstation's vision is to become a leading ecosystem that can provide services, utilities and optimize decentralized financial applications. 

Outstanding features of BSCSstation

Easy to use

BSCSstation offers a convenient and easy-to-use experience with a simple, user-friendly interface design and many complete and detailed tutorial articles.

Fast processing speed

BSCSstation is built on the high throughput Binance Smart Chain platform that reduces confirmation times, thereby making transactions faster.

Cheaper

Transaction fees are an important factor that users often consider before choosing a cryptocurrency exchange, platform, or application. With the construction on Binance Smart Chain, the transaction fee of BSCStation is considered to be a significant cost saving compared to other blockchain platforms, exchanges, and applications such as Ethereum, Uniswap, OpenSea , etc.

Products of BSCSstation

Exchange

BSCStation Exchange is a decentralized cryptocurrency exchange that allows users to swap (swap) BEP-20 coins/tokens on Binance Smart Chain. Similar to other decentralized exchanges, BSCS Swap also uses an automated market-making model (AMM), in which users trade with a liquidity pool.

What is BSCS Station (BSCS)?  Detailed instructions on how to join IDO on BSCS

Farms

Yield Farming at BSCStation Farms is a great way to earn BSCS rewards on BSCSstation. Unlike Start Pools, BSCStation Farms requires users to add liquidity to the pools in order to receive LP tokens. Users can then stake these LP tokens into BSCStation Farms and receive rewards.

What is BSCS Station (BSCS)?  Detailed instructions on how to join IDO on BSCS

Start Pools

BSC Startpool is a function that helps projects distribute their tokens to a wider audience before they are listed on the BSC Swap. Users will stake a coin/token required by the system (usually BSCS) at BSC Startpool to participate in this feature.

NFT Marketplace

BSCStation NFT Marketplace is a platform that allows users to easily create, trade, and auction NFTs with the highest security and transparency.

What is BSCS Station (BSCS)?  Detailed instructions on how to join IDO on BSCS

Launchpad

BSCSstation Launchpad is BSCSstation's decentralized IDO platform on Binance Smart Chain. The BSCStation Launchpad is designed to allow crypto projects to conduct their token sale safely and efficiently. With this feature, projects can easily mobilize and exchange capital quickly with low cost. In contrast, BSCSstation users are also introduced and can soon own tokens of quality and potential projects that are opened for sale on BSCSstation Launchpad.

Prediction Markets

BSCStation Prediction is a simple and fun decentralized prediction feature of BSCSstation. Participating users will predict the price of BNB/USDT. If you choose “UP” and the closing price of BNB/USDT is higher than the opening price of the candle 5 minutes ago, you will win and receive a bonus from the losing side. If you guess wrong, you will also lose your entire bet.

What is BSCS Station (BSCS)?  Detailed instructions on how to join IDO on BSCS

Development roadmap

Developing:

  • Build and develop NFT Marketplace v2.1 with NFT Auction v2, cross-platform NFT support and BEP-1155 support
  • Building and developing the NFT staking feature
  • INO

Future plans:

  • Development of BSCSstation Exchange v2
  • Build and develop NFT Voting, NFT Swap and NFT Gamification

BSCSstation Developers, Advisors and Investors Team

BSCS Station's development team and advisors

Scofield – Founder and CEO : He has more than 4 years of research and work in the blockchain and cryptocurrency fields and many years of experience in developing the blockchain game market and community.

Thierry Luu – CEO : Thierry has 5 years of experience in the crypto industry and is currently working on many early stage startups.

Wien Wuoc – Marketing Advisor and Investor : With more than 10 years of experience in the field of communication and marketing in many different countries such as Korea, Thailand, Vietnam, Bangladesh... Wien plays an important part. in marketing strategies, market access of large companies such as Softbank, LG, Samsung...

Kevin – Investor and strategic advisor : Kevin is currently the chairman of FS Holding Ventures. He has extensive experience in investment and strategic planning for projects.

John Smith – Product Manager : John is an expert in blockchain development and design of decentralized financial applications. He has more than 7 years of experience in developing applications on the Ethereum platform, exchanges and crypto wallets.

Justin – Distribution Manager: Justin has over 10 years of product design and consulting for early stage startups. He has more than 3 years working with blockchain and crypto products.

Investor of BSCSstation

BSCSstation has successfully raised capital from famous investment funds, including: Spark Digital Capital, Morningstar Ventures, DFG, AU21, X21, NGC, BSC Pad, Bounce, Chain Capital...

What is BSCS Station (BSCS)?  Detailed instructions on how to join IDO on BSCS

BSCS . token overview

BSCS is the official token of the BSCSstation ecosystem.

BSCS can be used to: 

  • As a payment method for services and applications in BSCStation's ecosystem such as transaction fees, auction fees, NFT creation fees, etc.
  • Stake BSCS at Start Pools and BSCStation Launchpad to receive and buy new tokens
  • Add liquidity at BSCSstation Farms to get more BSCS
  • Vote to approve or reject projects that will be available for sale on BSCSstation Launchpad
  • Join features like Prediction, Luckylott… of BSCSstation

General information about BSCS . token

  • Ticker: BSCS
  • Blockchain: Binance Smart Chain
  • Token Standard: BEP-20
  • Contract: 0xbcb24a…b7f45d
  • Token Type: Utility
  • Total Supply: 500,000,000 BSCS
  • Circulating Supply: 38.866,314 BSCS

BSCS Token Allocation

  • Seed sale (12%): 60,000,000 BSCS. Unlock 10% before listing on the exchange. After 4 months from listing, BSCS will be distributed linearly within 12 months.
  • Private-sale (25%): 125,000,000 BSCS. Unlock 15% before listing on the exchange. After 4 months from listing, BSCS will be distributed linearly within 12 months.
  • IDO (1.6%): 8,000,000 BSCS, 100% Unlocked before listing on the exchange.
  • Farming / staking reward (12%): 60,000,000 BSCS. Unlock 7.5% every quarter, starting from the moment the Staking feature goes live.
  • Team (15%): 75,000,000 BSCS. Lock for 6 months, then distribute 10% every quarter.
  • Marketing (8.4%): 42,000,000 BSCS. Unlock 10% before listing, then pay linearly over 2 years.
  • Advisor & Partnership (5%): 25,000,000 BSCS. Lock for 6 months, then distribute 25% every quarter.
  • Liquidity (10%): 50,000,000 BSCS. Unlock 20% before listing, then distribute 6.67% per month for 12 months.
  • Ecosystem (11%): 55,000,000 BSCS, linearly distributed over 5 years.

What is BSCS Station (BSCS)?  Detailed instructions on how to join IDO on BSCS

How to earn and own BSCS

You can buy, sell, trade BSCS on cryptocurrency exchanges such as BSCStation, PancakeSwap, MEXC, Gate.io, Bilaxy... 

You can also earn extra BSCS from participating in Yield Farming feature or staking BSCS at BSCSstation's Start Pools.

Detailed instructions on how to join IDO on BSCSstation Launchpad

IDO Participation Rules

BSCStation Launchpad is a decentralized IDO platform on the Binance Smart Chain network. This will be a playground for investors who are looking for investment opportunities in crypto startups.

Each IDO sale event on BSCStation Launchpad is divided into 3 rounds including:

  • Private round : This round is for investors, investment funds, strategic partners of BSCSstation.
  • Guarantee round : This round is for users who stake BSCS on BSCSstation's system.
  • Community Round : Everyone can participate in this round through registration of the whitelist provided by BSCSstation. The system will randomly select the lucky ones to win the whitelist. The users who win the whitelist will participate in buying IDO under the FCFS mechanism (first come, first serve) when the IDO event starts.

Criteria for classification of IDO round guaranteed 

Option 1: Stake BSCS

Users need to stake the required amount of BSCS tokens to secure the purchase rate depending on their hierarchical rating. In addition, users need to complete tasks such as following media channels, participating in the community, etc. to be eligible to participate.

  Beginner Supporter Contributor Partner VIP
Tier Bronze silver Gold Platinum Diamond
Number of BSCS required to hold 15,000 won 30,000 won 50,000 won 150,000 won 300,000 won
Time required to hold 24 hours before BSCS round open 24 hours before BSCS round open 24 hours before BSCS round open 24 hours before BSCS round open 24 hours before BSCS round open
Pool Weight 15 35 60 190 390

Option 2: Stake BSCS-BNB LP token or BSCS-BUSD LP token

  Beginner Supporter Contributor Partner VIP
Tier Bronze silver Gold Platinum Diamond
Number of BSCS-BNB LP required to hold 90 180 250 700 1,500 yen
Number of BSCS-BUSD LP required to hold 3,000 6,000 won 8,000 won 22,400 48,000 won
Time required to hold 24 hours before BSCS round open 24 hours before BSCS round open 24 hours before BSCS round open 24 hours before BSCS round open 24 hours before BSCS round open
Pool Weight 15 35 60 190 390

Important things to note in the two tables above:

  • Tiers are designed to benefit the entire BSCStation ecosystem.
  • When eligible for each tier, users are guaranteed to have the opportunity to participate in buying tokens from IDO open-sale projects.
  • Large shareholders are encouraged to stake BSCS to move up the tier, providing more allocation opportunities and helping to stabilize the price of BSCS.

Note :

  • BSCSstation will take a random snapshot of staking user accounts between 24h and 72h before the BSCS round is opened. Users who stake more than 15,000 BSCS will definitely be distributed tokens.
  • Users hosting BSCS will receive many other benefits besides rating-based IDO purchases, such as exclusive NFT rewards, BSCS airdrops, etc.

Example of calculating the distribution value:

If the project sells 1 million tokens in IDO and has 340 Bronze members (Bronze), 50 Silver members (Silver), 20 Gold members (Gold), 10 Platinum members (Platinum) and 5 Diamond members ( Diamond).

  • Bronze can buy US$15
  • Silver is purchased for US$35
  • Gold can buy US$60
  • Platinum tier can be purchased for US$190
  • Diamond tier can be purchased for US$390

The total IDO participation of all tiers in this example is (340 * 15) + (50 * 35) + (20 * 60) + (10 * 190) + (5 * 390) = 11,900 . Tokens allocated per US dollar is 1,000,000/11,900 = 84 tokens

  • Each Bronze user will receive: 84 * 15 = 1260 tokens
  • Each Silver user will receive: 84 * 35 = 2940 tokens
  • Each Gold user will receive: 84 * 60 = 5040 tokens
  • Each Platinum user will receive: 84 * 190 = 15,960 tokens
  • Each Diamond tier user will receive: 84 * 390 = 32,760 tokens

How to join the guaranteed round IDO on BSCSstation Launchpad 

Before the IDO event takes place, users need to own BSCS tokens and stake them at the IDO pool.

Join the pool

Step 1 : You log in to BSCSstation at https://bscstation.finance/#/launchpad by connecting your MetaMask wallet.

What is BSCS Station (BSCS)?  Detailed instructions on how to join IDO on BSCS

Step 2 : You choose a project that is open to sell IDO to participate.

What is BSCS Station (BSCS)?  Detailed instructions on how to join IDO on BSCS

Then, you click “ View details ” to view detailed information about the project.

What is BSCS Station (BSCS)?  Detailed instructions on how to join IDO on BSCS

Step 3 : You click the " Join Pool " button to join when the IDO event is open.

What is BSCS Station (BSCS)?  Detailed instructions on how to join IDO on BSCS

Note : Please make sure you have enough BUSD in your wallet to join the pool. If you don't have enough BUSD in your wallet, a message will pop up prompting you to top up your wallet.

Step 4 : Confirm the transaction on your Metamask wallet.

Get tokens after IDO ends

Step 1 : After IDO ends and tokens are distributed to participating wallets, go to “Your allocations” and then click “Claim” to receive tokens to your wallet.

What is BSCS Station (BSCS)?  Detailed instructions on how to join IDO on BSCS

Step 2 : Confirm the transaction on your MetaMask wallet.

Future BSCS potential? Should you invest?

BSCSstation is a platform that provides decentralized financial services and utilities for crypto users on Binance Smart Chain with unique features such as NFT Marketplace, BSCS Swap, Start Pools, Launchpad… BSCSstation also has a team High-quality developers, partners and investment funds such as Spark Digital Capital, Morningstar Ventures, DFG, NGC, BSC Pad, Bounce, Chain Capital… Especially the BSCStation Launchpad feature regularly organizes many IDO events of many projects with a high rate of return. However, there are many projects with ideas like BSCStation on the market today, led by PancakeSwap. To be able to go further in the future, BSCStation needs to develop new applications and features that are more attractive to users. In addition to participate in BSCSstation IDO, users must stake a minimum of 15,000 BSCS, a sizable amount for small investors. If you buy BSCS at a bad price, it will take you a long time to get your investment back.

Therefore, you need to do thorough research before making a decision to invest in BSCS tokens. However, if you have faith in the development of BSCSstation, you can still spend some money to invest in BSCS tokens with a reasonable investment allocation strategy instead of spending all of it on BSCS.

summary

Based on the information provided by the article above, TraderH4 hopes that it will help readers get more information about BSCSstation and BSCS tokens as well as how to participate in buying IDO at BSCStation's Launchpad.


Tags: #ALTCOIN

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