What is B2Xtoken (B2X) | What is B2X token

In this article, we’ll discuss information about the B2Xtoken project and B2X token

Presented by  t2xtoken.io , B2X is the first revolutionary next generation staking platform on Binance Smart Chain (BSC). It’s a BEP-20 token complaint smart contract on BSC blockchain.

B2X is a revolutionary descendant of T2X staking platform, running successfully on Tron blockchain for over 250 days!! Brought to you by the trusted T2X team which is strongly supported by an existing enthusiastic community of over 10000 holders.

B2X staking mechanism has been improved and evolved as per the community feedback including features like never before.

FAQ

AUCTION

Q1. What are Auction Lobbies?
Auction lobbies are Daily Auctions that offer B2X tokens for BNB based on the B2X and BNB pool at the end of the day.

Q2. When does auction start?
Auction starts daily at 00:00 UTC and lasts 24 hours.

Q3. How is auction supply calculated?
Auction starts with supply of 3700 B2X on day 1 and then reduces by 10 B2X per day till the auction supply reduces to 50 B2X on 365th day. Auction supply stays at 50 B2X per day thereafter forever.

Q4. What happens to Day 1 auction supply?
Day 1 is the Developers Day. BNB entering Auction Lobby on Day 1 will go the team as there will be no active stakes. The B2X tokens available for auction will be distributed to investors as per their investment.

Q5. What happens to the deposited BNB in auction?
100% of BNB deposited in auction is distributed back to users via staking, vault and liquidity nothing goes to the team. The distribution is as follows:

· 45% BNB is distributed back to stakers as BNB dividends as per their active staking pool share.
· 40% BNB is allocated to the BNB Vault which is then dripped to the users.
· 10% BNB is used to add B2X liquidity on dex ( 5% for buyback and 5% for adding liquidity)
· 5% BNB is allocated to feed T2X ecosystem.

Q6. How can I enter auction?
You need to visit b2xtoken.io. Connect your Metamask wallet (switched to Binance Smart Chain). Go to auction panel and enter the amount of BNB you want to invest and click on “Enter Auction with BNB”. Approve the transaction in your wallet and wait for confirmation. Your invested amount will start reflecting on the auction panel.

Q7. How much B2X will I get at end of auction?
Amount of B2X which each user will receive at end of daily auction is calculated as follows:

Each Auction Day lasts 1 B2X CYCLE (*note 1 B2X Cycle= 24 Hours)

Q8. Why my receiving amount of B2X keeps changing with time?
When you enter auction the amount of B2X you’ll receive is shown as per current stats. As the auction day proceeds and more users enter auction, the amount of B2X you’ll receive starts decreasing.

Q9. Can I enter the auction multiple times in a day?
Yes you can enter the auction as many times you want in a day. The amount of your deposited BNB will keep updating under “My Deposits”.

Q10. Can I collect my received B2X from auction?
No, you can’t collect B2X after the auction ends, instead you can directly stake them for 365 days.

STAKING

Q1. What is Staking?
User needs to stake the received B2X from auction lobby for a fixed number of 365 days in order to earn interest in B2X and BNB dividends from the future auction lobbies daily.

Q2. What is the minimum and maximum period of staking?
There is no minimum or maximum number of staking days. Stakes are created for 365 days by default.

Q3. How do I get paid from staking?
Staking B2X pays in you two ways:

B2X Interest: You receive 0.0137% interest in B2X on your active stakes daily.
BNB Dividends: 45% BNB from previous day auction lobby is distributed as divs to the users as per their respective staking pool share.
Vault Access: Staking allows you to accrue B2X interest which can be only banked into vaults to earn B2X and BNB drips.

Q4. Can I claim my B2X Interest and BNB Divs daily?
You can collect your BNB divs daily to your wallet but you can’t collect B2X interest. B2X interest earned on your active stakes can only be banked to Vault. Banking interest and collecting divs daily, weekly or monthly is on sole discretion of user.

Q5. Why do I see waiting under progress bar?
When you create a stake it is in waiting period till the current lobby day ends. With the start of next lobby day, the stakes become active and you will start seeing maturity progress of the active stake.

Q6. My stake is active but I can’t see my divs and interest?
When your stake becomes active it starts earning B2X interest and BNB Divs, but they are reflected on staking panel at the beginning of next auction lobby day.

Q7. Can I cancel an active stake?
No you can’t cancel an active stake.

Q8. What happens when my stake is competed after 365 days?
Once your stake is completed it stops earning divs and interest on that stake until you re-stake it.

Q9. Why the amount of re-staked B2X is less than the original amount?
When your original stake is completed after 365 days and you re-stake it, 25% B2X tokens are burnt and 75% B2X tokens are re-staked.

Q10. Why 25% burn on re-stake?
Since the auction supply goes on forever, the 25% burn is a part of deflationary measure.

VAULT

Q1. What is Vault?
B2X Vault is built and designed to generate steady flow of passive income for the investors meanwhile encouraging staking.
Vault can be accessed only via depositing B2X interest earned from active stakes. No one can enter in the vault without having an active stake.
Vault comprises of two pools: BNB Pool and B2X Pool.
Both these pool drips 1% of total pool amount to users daily based on their respective vault pool share.

Q2. Where do Vaults get funds from?
BNB POOL is fed from 40% BNB invested in auction of previous cycle.
B2X POOL is fed from interest deposited by users.

Q3. Can I claim B2X and BNB earned from vault?
Yes, you can claim earned B2X and BNB to your wallet.

Q4. How to calculate my drip from Vault?
Let’s say in any given B2X cycle:
Total B2X interest deposited in Vault by users so far = 150000 B2X
Total B2X Interest deposited by user so far = 200 B2X
Thus, Vault Pool Share (VPS) of user in that cycle =

Now the user will get 0.133% of 1% Drip from B2X Pool and BNB Pool daily.
B2X Pool Size = 150000 B2X which means 1500 B2X will be dripped to all users in that cycle. (1% drip)
Let’s say BNB Pool Size = 1600 BNB which means 16 BNB will be dripped to all users in that cycle.(1% Drip)
So the user with VPS of 0.133% will get 0.133% of 1500 B2X and 0.133% of 16 BNB in that cycle. I.e. 1.995 B2X and 0.02128 BNB
These B2X and BNB earning from the vault can be claimed anytime to the respective wallet.

Q5. Can I reinvest my BNB earnings from vault into auction directly?
Yes you can type the amount of BNB you want to invest from the earned BNB and click on “Enter Auction” tab to enter auction without collecting the drip.

Q6. Can I stake my B2X drip directly without claiming?
Yes, you can stake the B2X earned from vault directly without claiming.

B2X FARM

What is yield farming?

At its core, yield farming is a process that allows cryptocurrency holders to lock up their holdings, which in turn provides them with rewards. More specifically, it’s a process that lets you earn either fixed or variable interest by investing crypto in a DeFi market.

In case of B2X if we simply put, yield farming involves lending B2X via the Binance Smart Chain network. For eg; When loans are made via banks using fiat money, the amount lent out is paid back with interest. With B2X yield farming, the concept is the same: B2X that would otherwise be sitting in the Dex or in a wallet is lent out via B2X DeFi protocol (or locked into smart contracts, in BSC terms) in order to get a return in B2X which then you can sell or reinvest for further gains.

Why Invest in B2X FARM?

1. B2X Farm is designed to reward B2X liquidity providers who contribute towards the stability of B2X price by helping in generating more liquidity in the market.
2. Since B2X is so scarcely available in the market, farming B2X will help you get high returns in form of B2X without worrying about being dumped upon.
3. You can harvest and stake B2X in the staking farm to use it in our upcoming dapps. Holding on to some liquid B2X is always a good idea.

How To Invest In B2X FARM?

The process is quite simple but may sound bit complex for the first time. Don’t worry we are here to help. Follow the steps and you’ll be on your way to earn rewards from yield farming in a jiffy!!

1. ) You need to buy B2X from pancake swap if you already don’t have some :

CLICK TO BUY FROM PANCAKE SWAP <<< This link will take you to the dex and you’ll see following , click on I understand and continue.

2.) Put in the amount of BNB you want to buy B2X for and click on swap.

3.) Click on confirm swap and then wait for your metamask wallet pop-up and approve the transaction.

4.) Now that you have bought some B2X , let’s add liquidity to the B2X pool. Click on Liquidity tab at the top of page .

5.)Click on “ Select a currency”. Then paste the B2X contract address in search bar. Add B2x Token.

6.) Now add the amount of funds you would like to add to the B2X liquidity and click on supply and then approve the transaction.You can select BNB or BUSD as the liquidity pair from the drop down menu.

7.) Now that you are done with adding liquidity head over to https://b2xtoken.io/farm and deposit the LP tokens in the pool of your choice by clicking on Max Deposit.

Whats with the fees?

There is a 1% deposit fee and 3% withdrawal fee which will be used for development. Harvesting your rewards doesn’t incur any fees.

How and Where to Buy B2X token?

B2X token is now live on the Binance mainnet. The token address for B2X is 0xb1b568b17689a77f18147a2a26fa0798dd63c2ba. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

Just be sure you have enough BNB in your wallet to cover the transaction fees.

Join To Get BNB (Binance Coin)! ☞ CLICK HERE

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

☞ SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step

You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet

If you don’t have a Metamask wallet, read this article and follow the steps

☞What is Metamask wallet | How to Create a wallet and Use

Transfer $BNB to your new Metamask wallet from your existing wallet

Next step

Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap B2X token

Contract: 0xb1b568b17689a77f18147a2a26fa0798dd63c2ba

Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap

The top exchange for trading in B2X token is currently Pancakeswap v2

Find more information B2X

☞ Website ☞ Explorer☞ Social Channel ☞ Social Channel 2 ☞ Message Board ☞ Coinmarketcap

🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

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