All about ShuttleOne’s $SZO token offering on Instaraise and 2022 new updates
Good day, ShuttleOne fans!! I have good news to share with you.🥳🥳
ShuttleOne’s $SZO token is now available on the Tezos Ecosystem, thanks to the tremendous support of the Tezos community.
ShuttleOne is happy to announce that their recently completed $SZO token offering on Instaraise was a huge success. Instaraise, the Tezos ecosystem’s first decentralized fundraising and incubation platform, hosted a massive turnout event, with 100 percent of the Guaranteed Allocation Round’s participants signing up and participating.
Highlights of what we’ll be discussing about:
- $SZO token offering on Instaraise
- $SZO on ETH/BSC/Tezos
- Reasons why you should hold $SZO token.
- Awesome updates to look forward to come next year.
$SZO Token offering on Instaraise
ShuttleOne’s entry into the Tezos ecosystem will be marked by the issuance of native $SZO tokens on Instaraise on December 12, 2021, allowing developers and the broader crypto community to benefit from ShuttleOne Metachain’s powerful, self-amending blockchain protocol. All whitelisted participants on Instaraise purchased their entire allocation and then some more during the Guaranteed Allocation Round and FCFS rounds, resulting in the sale of nearly $64,000 worth of $SZO tokens.
A positive reaction, especially at a time when the cryptocurrency market was trending downward. It demonstrated to the project that the Tezos and Instaraise communities have faith in the project’s Metachain multichain aggregator and Plug N Play DeFi solutions as they strive to enable blockchain interoperability and address fragmentation concerns affecting the entire DeFi market.
$SZO on ETH/BSC/Tezos
As a result of ShuttleOne’s token sale on Instaraise, $SZO is now available on Ethereum, Binance Smart Chain, and Tezos. The IDO funds will be used to increase Tezos liquidity, allowing more people to purchase ShuttleOne tokens and participate in the ShuttleOne ecosystem. $SZO is currently available on all three networks via the most significant AMMs (UniSwap, PancakeSwap and QuipuSwap)
Reasons for holding ShuttleOne’s $SZO token.
- $SZO is the first multichain coin that makes it easy for anyone to arbitrage across many chains.
- $SZO is a relatively new coin that can revolutionize DeFi, NFT, and open the door to Multi-Chain verse.
- ShuttleOne’s $SZO token will become more widely accepted as a form of value exchange in the ShuttleOne ecosystem as time goes on.
- All supported blockchain protocols’ transaction fees can be paid with $SZO, the universal token for Metachain-deployed projects.
- Prices of $SZO fluctuate from roughly $0.03 on UniSwap to $0.10 on QuipuSwap and $0.11 on PancakeSwap according to the various AMM market characteristics. The Metachain Bridge can be used to trade on price arbitrage by moving $SZO from one blockchain to another to take advantage of the difference in liquidity.
Updates to look forward to this year.
The efforts of ShuttleOne to develop the next-generation operating system for the finance industry have begun to bear fruit. Some of the exciting updates to come are listed below
- A multichain ShuttleOne Wallet for handling all your cryptocurrency needs.
- ShuttleOne’s non-code single API aggregator of blockchains for DeFi and Web3.0 applications — Metachain is shaping up well.
- Multichain capabilities in ShuttleOne’s products will be handled by two-way bridges, the first of which will be disclosed in the coming days and which will connect three different protocols at the same time.
- The smart contract-based bridge will initially support the Ethereum, BSC, and Tezos blockchains, with support for additional blockchains to be added in the near future, according to the developers..
- ShuttleOne will also be launching the Shuttleone metachain in the near future (An App store for multichain products with ready-to-use developer tools). These items are simple to use and may be incorporated into any project by developers.
- Also, as a community, developers can also build innovative Metachain products and list them on the store.