Coming soon: Stone Temple Binance! Or, Layer 3 Presale Upgraded to 4 Tokens!
TL;DR: Appoximately 2 weeks after L3 launches, we are launching an equivalent system on Binance Smart Chain! All contracts and features will be co-developed between the two blockchains. Further, we are giving 50% of the public Stone Temple Binance tokens to participants in the Layer 3 presale on Polygon Network (which is accessible only by swapping either ARCADIUM or MYFRIENDS, no USDC presale). Therefore, all participants in the Layer 3 presale on Polygon Network will now receive 4 tokens: Farming and Ownership tokens on both Polygon Network and Binance Smart Chain. The distribution mechanism on Binance Smart Chain will be similar to that of the Refund Bot that we have already implemented.
Greetings! It is my pleasure to announce that, approximately 2 weeks after the debut of our Layer 3 system, Darkside Finance, on Polygon Network, we will be launching an essentially equivalent system on the Binance Smart Chain (BSC)! We will be porting all of our contracts, including the basic tokenized ownership and farming system, OTC engine, loot box, and upcoming gambling contracts, to Binance Smart Chain so that users on both Polygon Network and Binance Smart Chain have access to them. The name of this new system, as you might have guessed, will take up our most-requested band theme. As we are about to describe, we believe that Stone Temple Binance will provide unique advantages for participants on both blockchains.
You probably have lots of questions about the upcoming debut of Stone Temple Binance and how it interweaves with our established presence on Polygon Network. So let me answer as many of your questions as possible in rapid-fire succession:
“How will this affect development on Polygon Network? Are you switching networks and abandoning Polygon?”
The fact that we are launching on Binance Smart Chain actually has a positive effect on our Polygon Network development. The beauty of the Ethereum Virtual Machine (EVM) is that the exact same code can be effortlessly ported between blockchains. So anything developed on Polygon Network can be easily copied onto Binance Smart Chain, and vice versa. Infrastructural resources coming in through tokenized ownership that are spent on novel development will benefit our efforts on both blockchains equally. We believe that both Polygon Network and Binance Smart Chain are here to stay, and we fully intend to support both blockchains with all of our new releases.
“But I only have tokens on Polygon Network. What do I get?”
This is where it gets good. Remember our Refund Bot that we used to refund some ARCADIUM that was accidentally taxed? We can use the same techniques to award tokens to everyone who participates in the Polygon Network Layer 3 presale by sending ARCADIUM or MYFRIENDS to the swap contracts. We intend to use the Refund Bot to send out both farming and ownership tokens on Binance Smart Chain. The address that receives the tokens on Binance Smart Chain will be the same one that swaps tokens in our Polygon Network L3 presale. Most users should be able to find them by keeping the same address selected in Metamask but entering the Binance Smart Chain RPC.
“Let’s talk numbers. What do I get? What do others get? Gimme!”
Well, there is a certain amount of tokens that the public will get overall, and my idea is to give 50% of the public BSC tokens to Layer 3 presalers!
The overall TVL of BSC usually trends at approximately 3x that of Polygon Network, so you can draw your own conclusions about the amount of deposits we will get. In addition, both Layer 3 on Polygon Network and our newly established Stone Temple Binance will benefit from new cross-chain functionality that this all makes possible. We believe in the fee-generating abilities of cross-chain functionality, which should benefit both blockchains’ tokenized owners.
“How do I make sure I get my ownership and farming tokens on the Binance Smart Chain? Gimme gimme gimme!”
All you have to do is contribute EITHER of our Layer 2 tokens (ARCADIUM or MYFRIENDS) to the Layer 3 presale on Polygon Network. We will do the rest and the tokens will just appear in the same address on BSC when we send. The amount contributed to the Polygon Network L3 presale is recorded on the blockchain, and we can just use our Refund Bot technology to send you the tokens!
“Why are you doing this? Are you just greedy?”
Well, we are sort of greedy, but we are greedy on your behalf. We intend to give away a significant proportion of the public’s ownership and farming tokens on the Binance Smart Chain to our current participants and all those who participate in the Layer 3 presale on Polygon Network. This now makes us the first shitfarm ever to give away 4 tokens in its presale, LOL. The financial split of the Stone Temple Binance presale will be the same as our Layer 2 USDC presale: 50% to liquidity and 15% to buyback will provide a very strong foundation that we would not have the opportunity to provide without raising BUSD funds on BSC. (Unfortunately, the liquidity money has to come from somewhere!)
“Where can I find more info about this?”
Nowhere yet. This is the only announcement for now! We are currently fully occupied getting the Layer 3 system ready for you, and we will release more on that shortly. Our Layer 3 on Polygon Network (Darkside Finance) will be essentially the same code that will be deployed for Stone Temple Binance, our first layer on BSC. So all code updates that apply to one will also apply to the other at this point.
“Why Binance Smart Chain? Why not [insert blockchain here]?”
Because BSC has a huge TVL that usually tracks at about 3x that of Polygon Network, we believe that it is currently the largest untapped source of investors in a low-cost gas environment. Simple math, really. We will investigate the possibility of other blockchains as time allows.
“When will you have more info?”
Soon, but first we must complete our preparations of Layer 3 and other tasks. My personal main task immediately after writing this is the L3 docs, which I promise to get done as soon as humanly possible! We have been changing some L3 code, so some information has not been available, but it is coming together now and we know that this is a highly demanded docs set, so we will get it to you expeditiously.
Please check in with our community managers on Telegram if you have any more questions, as we know that it is complicated to participate in the first ever presale that craps out 4 tokens. Thanks for your participation, and we hope you enjoy your experience with Sugandese Tokens!