Avocado DAO $AVG becomes available on BNB Chain via Celer Network
Avocado DAO aims to empower the first generation of blockchain gamers and investors to obtain maximum benefits from the Avocado token $AVG by scaling the opportunities to access a range of web3 infrastructures, digital tools and DeFi solutions.
In doing so, we have been working with Celer Network on providing a bridge to the BNB chain (formally Binance Smart chain) to enable users to access more versatile options for staking and trading $AVG. We see this as an essential step to scaling our platform and facilitating access to our token whilst reducing gas fees.
Why BNB chain?
- BNB is a popular EVM-compatible chain due to its versatility. BNB chain gives users access to multiple cryptocurrencies. The options are much broader, enabling users to convert these tokens to $AVG on BNB.
- The platform is widely used, and people are familiar with its features, making it a suitable choice for Avocado DAO to offer access to our token.
- The fees are much lower on BNB and this in itself provides an attractive option to many.
- We are working towards becoming game and chain agnostic, so it makes sense to bridge to BNB to provide broader opportunities.
- An increasing number of promising games are being developed on the BNB chain, and we want to be a part of it.
- It broadens the scope for staking $AVG and provides future utility access to scholars and stakeholders.
Why Celer Network?
Avocado has chosen to partner with Celer Network for bridging, as they are one of the leading multi-blockchain operating systems. Celer Network offers cross-chain generic message-passing functions with its Celer Inter-chain Messaging framework, which facilitates fast, secure and low-cost cross-chain interoperability and bridging solutions.
The platform provides several core intermediary applications that can easily integrate into third-party platforms such as Avocado DAO. It has already partnered with a number of high-profile blockchain organizations and provides services for a large proportion of DeFi end-users.
The Celer tech suite facilitates native applications to offer inter-chain facilities providing a suitable and viable option to GameFi platforms such as ourselves. Celer Network’s core applications provide the right level of infrastructure for Avocado DAO to seamlessly bridge to the BNB network and provide our token holders with a level of security and ease of use that makes these transactions simple to execute.
We are excited to launch this bridge to the BnB network and are proud to have Celer Network as our partner to enable our users to make such transactions with ease and confidence.
We will produce a detailed guide on ‘how to bridge’ which will be coming soon on Medium.
Follow the links below for further information on Celer Network:
About Avocado DAO
Avocado DAO is a Web3 gaming guild that provides rewarding experiences for its 10k+ scholars and facilitates entry to GameFi to empower more users.
Find out more about Avocado DAO and join the community here:
Unlock life-changing opportunities with Avocado DAO Tokens (AVG):
AVG can be found on Ethereum and BNB, the contract address is the same for both chains.
Smart Contact address: 0xa41f142b6eb2b164f8164cae0716892ce02f311f