Notification of Moving Liquidity Mining Vault due to PancakeSwap migration to V2
Dear ORAI liquidity providers on Binance Smart Chain and community,
The migration to the new version of PancakeSwap has completed since our last announcement (https://t.me/oraichain_official/254 ).
We would like to inform all current liquidity providers on Binance Smart Chain (BSC) the below instruction to move their liquidity to the new version.
Q1. Time period to move: one week, until 18 May 2021 23:59 UTC
Q2. Who needs to move the liquidity?
Only liquidity providers of BNB/ORAI on BSC.
Q3. What a liquidity provider needs to do?
Step 1:
Access to https://yai.finance/bsc/aivaults
Note: yAI Finance has already implemented “Auto network switch,” therefore you can easily switch between Ethereum and Binance Smart Chain.
Step 2:
Withdraw your liquidity from the PancakeSwap V1 (the left vault)
Step 3:
Add liquidity to PancakeSwap V2 (the right vault)
Q4. How are the liquidity mining rewards calculated?
The rewards for PancakeSwap V1 are calculated until the withdrawal date, up to 18 May 2021.
The rewards for PancakeSwap V2 are calculated from the deposit date.
Q5. Are there any effects of the trading address on PancakeSwap due to this migration?
Oraichain team will continue to provide liquidity on both versions of PancakeSwap in the next 2 weeks, that means we will only move all of our liquidity on V1 to V2 on 25 May 2021.
During this period, both two trading links are supposed to work without any problems.
Current trading link (for V1):
Trading link (for V2):
If you have any questions, please feel free to contact us via our ticket system (https://yai.finance/support).
Thank you always for the strong support!
About Oraichain
Oraichain is the world’s first AI-powered oracle and ecosystem for blockchains. Oraichain data oracle platform aggregates and connects Artificial Intelligence APIs to smart contracts and regular applications. Founded by Dr. Chung Dao, Oraichain’s mission is to be the portal between AI and blockchain technologies, serving as a foundational layer for the creation of a new generation of smart contracts and Dapps leveraging AI.
Unlike regular oracles using raw data, Oraichain’s AI oracle uniquely uses AI APIs to process and create data on-the-fly via virtual machines on smart contracts. Data quality, reliability and security are enhanced by using test cases, which help to avoid intermediaries, increase trust and open up unprecedented application functionalities.
Beyond data oracles, Oraichain interconnects Artificial Intelligence and Blockchain technologies. With AI as the cornerstone, the Oraichain ecosystem contains an AI marketplace, a Data & Request Hub, Publisher Service, Training Service, and Dapp Hosting.
Oraichain network provides the infrastructure and consensus mechanisms for Blockchain and AI training. These interconnected ecosystems accelerate the development of Web3, DeFi, enterprise and academia applications. yAI.finance is the first use case of Oraichain, a DeFi platform using unique AI-based features and strategies. aiRight brings AI NFT creation and copyright generation to blockchain. Oraichain AI Marketplace offers AI products and APIs with the goal of becoming the one-stop-shop for Artificial Intelligence services.
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