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Update on BEP20 – KRC20 Conversion Rate for LTD token

After considering the community’s opinions and the actual situation, the LiveTrade team has determined a change of conversion rate for LTD from Binance Smart Chain (BEP20) to KardiaChain (KRC20).

Accordingly, a new rate of 10:1 will be applied to conversion transactions performed from 01:00 PM Tuesday, July 27, 2021. and will gradually increase at the rate of 1 LTD every 24 hours (i.e. 10:1 from 01:00 PM Tuesday, 11:1 from 01:00 PM Wednesday, etc.).

This decision has been made with the aim to encourage LTD holders on Binance Smart Chain to try out and experience the ecosystem revolving around the LTD tokens on KardiaChain, especially on LiveTrade DApp. Users will be soon able to receive tokenized stocks by staking LTD – an exclusive benefit that is offered by LiveTrade DApp only.

LTD holders currently have two methods to convert tokens from BEP20 to KRC20:

  • Using Bami Bridge here.
  • Conducting KRC20 on-chain transfers on VNDC Wallet Pro.

This policy shall apply on both conversion channels including Bami Bridge and VNDC Wallet Pro until further notice from LiveTrade.


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