Peanut Project v1 vs v2

in LeoFinance3 years ago

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Story behind Peanut

$PNUT.Peanut project (https://peanut.nutbox.io/) is the first product of the Nutbox ecosystem. Its native token is based on TRON network, called

At least from the first version of the Peanut project. The Nutbox development team created version 1 before the Binance Smart Chain (BSC) has developed. TRON blockchain seemed to be a good choice at that moment.

As the first product of Nutbox team, Peanut project have given the ecosystem a successful start. It provided the necessary initial funding and fan base of crypto users/investors for the ecosystem to continue developing more products and services. 1 year after the Peanut project has been live, Nutbox developed Polkadot/Kusama Crowdloan Platform (https://polkadot.nutbox.io/); and soon after, Walnut project (https://walnut.nutbox.app/), a CommunityFi system that allows community members to create their own staking pools, any many more tools without requiring users to have any knowledge about Web 3 programming.

A plan to migrate Peanut project to BSC

As we all know, the crypto world changes daily, and new chains and platforms came to the public frequently.

TRON blockchain becomes a bottleneck of the continue development of Peanut projects; not to mention TRON doubled its fees of all smart contracts. The Nutbox team initialized the second version of Peanut by migrating the system to BSC.

According to the plan, V2 was supposed to be launched at the beginning of the December. However, the hacking incident delayed all projects, which includes Peanut v2.

Peanut lost a huge amount of users due to the incident. However, Peanut wasn’t affected by it. Therefore, it continued accumulate rewards to the users reminded on the projects. And the rewards were generated fast.

Crosschain Transfer

It would be ideal to synchronize version 1 and 2 together so we no action needs to be taken by the users. However, the rewards are difficult to be transfer over multiple chains especially it involved changing from $TRX to $BNB.

The Nutbox development team offers 1:1 token swap once the version 2 is live. Users will be able to transfer their $PNUT token crosschain from TRON to BSC. This means that the more TRON version of $PNUT a user has, the more he/she will have to start with on BSC.

Information about Peanut and $PNUT token


Peanut Token:PNUT(TRC20/BEP20)
PNUT(TRC20) Address:TPZddNpQJHu8UtKPY1PYDBv2J5p5QpJ6XW
PNUT(BEP20) Address:TBDPeanut v1:https://peanut.nutbox.io/

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So, if I understand correctly, it will switch from Tron to Binance Smart Chain. Can you confirm that this is the case?

Yes, it will switch from Tron to BSC.

The transfer should be done on Nerve Wallet (https://wallet.nerve.network/), but of course, PNUT's address on BSC hasn't been broadcasted yet. So we have to wait for the announcement regarding what address we should cross chain transfer to.

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Thanks for reply

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