Relite Finance governance token $RELI is now listed on PancakeSwap, a premier Binance Smart Chain (BSC) decentralized exchange platform. The RELI/BNB pool launch was made possible by the BSC bridge implementation that was recently completed by the Relite Finance team. This bridge for BSC is another significant milestone for Relite on the way to building a truly cutting-edge, cross-chain lending protocol.
The trading went live on Monday, June 14, 2021, with a RELI/BNB pair. This was made possible by deploying a smart contract to bridge on BSC, which was a long-anticipated milestone of the Relite Finance team.
The PancakeSwap listing is considered a great addition to the constantly growing list of supported DEX platforms for Relite Finance’s native token. Since May 17, 2021, when RELI completed its IDO and initially became available on Uniswap, the team has announced plans for listings on a growing number of exchanges, both centralized and DEX, during the second and third quarters of 2021.
George Groshkov, the CEO of Relite Finance, has emphasized the importance of bridging RELI with the BSC protocol and has pledged to build partnerships with major exchange platforms.
“The BSC bridge was an important step we had to take for growing the upcoming platform’s level of accessibility. As the DeFi space grows rapidly, we couldn’t ignore the Binance Smart Chain community, standing behind the number of promising BSC-based projects. Now, we are delighted to have BSC as a new protocol as another addition to our cross-chain functionality.
The PancakeSwap listing we are celebrating today is the latest but not the last RELI listing announcement you’ll hear about soon.”
About Relite Finance
Relite Finance is a cross-chain DeFi money market protocol that enables users to lend, borrow and stake all crypto assets in one interface by utilizing Polkadot’s Moonbeam parachain, bridges and a unique reserve fund module. Relite plans on creating interoperability with Bitcoin, Ethereum and other blockchains. In addition, Relite plans to implement collateralization of NFTs with better fees and usability than other protocols can offer. Follow Relite on Twitter and Telegram.