Dear Community Members.
07 May 2022, 15:50
Dear Community Members
As you all know, we had 3 liquidity pools for BSGG on Sushiswap: wETH , AVAX (MIM/BSGG) and FTM (MIM/BSGG)
The wETH pool was set up as the largest with around $9-$10m (for the BSGG/wETH pair) and only has over 700 holders, while the AVAX pool has around $4m+ with over 92,000 holders.
We all know that ETH gas fees are often extreme due to high demand for NFT’s and Ethereum blockchain in general, and as a result, a large part of our community and holders are not able to participate in that pool due to those high fees.
Accordingly, we have been working with Wonderland (one of our key investors who originally set up the pools for us) to migrate the wETH pool to the the AVAX pool, thus creating one large pool of around $13m+ on AVAX with low gas fees and high liquidity for all to trade with little slippage.
If you are holding on ETH and have any questions, feel free to reach out to one of the mods!