New ILO on BSC— CrossFi, the Future of Cross-chain

SakePerp | SakeSwap
2 min readApr 21, 2021

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SakeSwap ILO goes live on Binance Smart Chain. We are excited to announce that the first ILO project on BSC is CrossFi ($CRFI) which is a decentralized asset lending and liquidity sharing protocol based on cross-chain interoperability technology.

The Future of Cross-chain

CrossFi is a project that aims to solve the isolation problem of assets on different main chains. Users can synthesize a new asset cFIL by collateralizing certain assets, such as FIL. In the process of synthesizing, users need to use CRFI. After the synthesis of cFIL, users can use cFIL in existing DeFi ecological applications.

Tokenomics of $CRFI

The initial total supply will be 100,000,000 CRFI. Tokens will be used for various purposes in the network: ecological incentives, marketing, consultants, etc.

ILO Details

— Pool/Liquidity Cap Info

Contribution Coin/Token: BUSD

Liquidity Pool Total Raise: 90,000 BUSD

Price: 1.5 BUSD per CRFI

Project Token: CRFI

— Investor Access & Contribution Limits

Access Type: Public

Min. Contribution: 50 BUSD

Max. Contribution: 1000 BUSD

— Offering Dates &Token Unlocking

Community Voting Period (UTC+8): Fri, 23 Apr, 8 pm — Sun, 25 Mar, 8 pm

Liquidity Offer Period (UTC+8): Mon, 26 Apr, 8 pm — 10 pm

LP Token Unlock Frequency: 28 Day

LP Token Lock Period: Weekly

More about CrossFi

Homepage: http://www.crossfidao.com/

Twitter: https://twitter.com/crossfidao

Medium: https://medium.com/crossfi

telegram_kr : https://t.me/CrossFi_Kr

telegram_en: https://t.me/CrossFi_En

telegram_News:https://t.me/CrossFi_News

Github: https://github.com/crossfidao

More about SakeSwap

SAKE is the first governance token in DeFi that supports both spot market and futures market with SakeSwap AMM DEX and SakePerp Perpetual Contract.

SakeSwap ILO on BSC: https://app-bsc.sakeswap.finance/#/liquidity-offering

SakeSwap Swap page: https://bsc.sakeswap.finance/#/swap

Vote: https://snapshot.page/?from=singlemessage#/sake

SakePerp: http://sakeperp.fi/home

Twitter: https://twitter.com/sakeswap

Medium: https://medium.com/@sakeswap

Discord: https://discord.gg/uYFVyNX

Telegram: https://t.me/joinchat/RKkt2Oi4_4sxkXbF

WeChat: SakeSwap

Audit: https://sakeswap.finance/SAKEen.pdf

Github: https://github.com/Sakeswap/sakeswap-protocol

Useful Tutorials: https://www.youtube.com/playlist?list=PLMAvf3CWmVcaQnE-JgomMNsCkzhVvWwpc

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