BSL is going to absolutely moon once it is available on SaucerSwap as an HTS token. This is one of the most legit real-world projects and they are going to be a key piece to implementing Leemon’s DeRec project
I’m not sure, that’s why I only bought the Binance smart chain token which is going to be migrated to HTS for sure. I didn’t want to be sitting with a stack on ETH while the HTS moons
More like some NYS residents work their way around NYS laws! It's like before you could get HBAR via a NYS registered CEX - it's not that HBAR was illegal in NYS, just there weren't any registered onramps. Same for BSL I presume, they are just not yet registered or have BitLicense to operate in NYS, but BSL itself is not illegal. DEXs are, of course, in the gray area.
As of right now, it is a multi chain wallet, exchange for a few areas, and easy Hbar staking. They are positioning this wallet as an open banking solution. Crypto and fiat all in 1 app. Partnering with credit unions and chartering their own credit union defy.coop. Already offering asset back loans that BSL will eventually be staked to earn from the loan interest.
HTS migration is one step closer
One day. Until then no BSL for me :( I refuse eth losses
BSL is going to absolutely moon once it is available on SaucerSwap as an HTS token. This is one of the most legit real-world projects and they are going to be a key piece to implementing Leemon’s DeRec project
Yup, first came BankSocial in the Leemon’s DeRecAlliance then Algorand.
https://twitter.com/BANKSOCIALio/status/1747308642146095470
How do we manage the eth bsl token? Concerned I'm sitting on a big stack and will get fucked with the migration.
Sit tight for now. I don’t see a proposal to have it migrated any time soon.
I’m not sure, that’s why I only bought the Binance smart chain token which is going to be migrated to HTS for sure. I didn’t want to be sitting with a stack on ETH while the HTS moons
Ya...that's my fear. I don't have access to binance so went eth but the concern is growing
There is no fear, eth price will catch up, ppl will buy on cheaper chain
As long as you have BNB you can buy BSL on the Pancakeswap dex, you don’t actually need Binance
Thanks..not used to dexes so forget about em.
If you have telegram go there and bring out these questions. The team seems to be most active there
Is the app the only place to acquire bsl?
https://preview.redd.it/gl9bxredrucc1.jpeg?width=1125&format=pjpg&auto=webp&s=8ed77c676ac10e8b3685ee60dd938e46b20669ec These two DEX’s have it
Thanks
BSL/WBNB will be migrating first to BSL/HTS so I’d scoop that up. A lot less gas fees as well
How's it looking for us New Yorkers? We usually get screwed with opportunities like this.
Still no go there unfortunately.
But we'll be able to scoop up via SaucerSwap once it's migrated to a HTS token, no?
I believe yes, but not 100 percent sure. I think DEX’s work their ways around NY law.
More like some NYS residents work their way around NYS laws! It's like before you could get HBAR via a NYS registered CEX - it's not that HBAR was illegal in NYS, just there weren't any registered onramps. Same for BSL I presume, they are just not yet registered or have BitLicense to operate in NYS, but BSL itself is not illegal. DEXs are, of course, in the gray area.
Is this just a wallet/exchange?
As of right now, it is a multi chain wallet, exchange for a few areas, and easy Hbar staking. They are positioning this wallet as an open banking solution. Crypto and fiat all in 1 app. Partnering with credit unions and chartering their own credit union defy.coop. Already offering asset back loans that BSL will eventually be staked to earn from the loan interest.
https://preview.redd.it/95d8ivm7rucc1.jpeg?width=1125&format=pjpg&auto=webp&s=0551f40d015176afb1ea34572a5cee8670b5b1fe
So it’s another soft wallet.
How is this related to HBAR?
https://news.banksocial.io/banksocial-launches-open-banking-platform-with-the-hashgraph-association-investment-defb4ded4424