@CakeDaoSwap Presale 1.0 will be commencing in a few hours from now, here is all you need to know about the presale and some new developments happening with the project.
I wrote a thread before now introducing @CakeDaoSwap, you can check it out if you haven't.
Softcap: 25,000
Core Hardcap: 50,000
Core Min Contribution: 10 Core
Max Contribution: 1500 Core
Presale 1.0 Price: 160 CDAO
Sale Method: Overflow
Public Addresses: Unlimited
OVERFLOW METHOD
The overflow method means that users can continue to buy until the end of the presale even if the Hardcap is reached, after the sale, users will be able to claim their allocation based on how much the excess buys are and then claim their excess $Core back.
For instance, if you buy with 20 $Core and the Hardcap was exceeded by 300%, you will get 1/3 of your contributed #Core used in purchasing $CDAO Token, and then claim the rest of your $CORE token back.
Bonus contribution:
10% $CDAO => Buy before hardcap reached
6% $CDAO => Buy after hardcap reached
Bonus will be distributed immediately to contributor.
It is no longer new to anyone in the crypto space that Ethereum has scalability issues, which is why Layer 2 Solutions like Rollups have been introduced.
In this thread, we will get to know which scaling solution is better: Optimistic Rollups or Zero-Knowledge Rollups.
🧵🧵
Table of Content
◾ What are Blockchain Rollups?
◾ How are they important
◾ Optimistic Rollups
◾ Zero-Knowledge Rollups
◾ Differences between them
◾ Which one is better?
◾ Conclusion
🔸 BLOCKCHAIN ROLLUPS
Blockchain Rollups are a type of scaling solution that processes transactions on another blockchain known as Layer 2's and then rolls them up into batches for inclusion on the main blockchain.
You must have heard of the Fantom Virtual Machine (FVM) one way or the other, but you may not know what it really is about and how important it may be.
In this thread, you will get to understand everything about FVM.
Walk with me.
A thread 🧵
The aim of Decentralized Finance is to bring decentralization, scalability and security to our finance system.
Blockchain systems have often traded one for another, but #Fantom says its goal is to achieve all three at the same time.
Fantom is a Layer 1 solution built on the Ethereum Virtual Machine.
It is known for its high speed of processing transactions (scalability), and Fantom has always tried not to sacrifice Decentralization and Security for Scalability.