Today, Torum announced it's native token XTM as well as Torum Finance token XTF are now officially verified on Binance Smart Chain Scan with these contract address;
Torum (XTM) - BEP-20
https://bscscan.com/token/0x3f526a5a8811cc1812d923d5dbb20e4b1c6028db
Torum Finance (XTF) - BEP-20
https://bscscan.com/token/0x0377facbddbee59d40869808bb67fa741038bc67
Following this development, the Torum core team will be killing off it's former XTM ERC-20 Smart Contract on the Ethereum Blockchain in the next 48 hours by sending all previous tokens minted to a blackhole address.
Will XTM now become only a BEP-20 token alone? The answer is NO as a new XTM and XTF ERC-20 Smart Contract on the Ethereum Blockchain with cross-chain swapping feature will soon be deployed to allow trading options.
This change from an ERC-20 token was necessitated because of high gas fee on the Ethereum Network and to allow traders trade on Binance Smart Chain that just announced lower gas fee. The recent high gas fee has affected trading on Ethereum Network and most small bag holders are strongly affected by this ridiculous fee that eats deep into their trading profits.
With this news, I believe Torum, a crypto based social media forum is moving towards full listing on Exchanges. Before the much anticipated listing, I believe Torum NFT Marketplace and the newly verified staking platform, where you can earn the governance token, XTF will come on board to provide use cases for XTM token.
The staking platform will also go live on Torum. It's on this staking platform you can earn XTF by staking your XTM on Torum Finance. The core team of Torum came prepared to really take all Landers to the Moon.
Are you on Torum? I believe now is the best time to join as claimable XTM on Torum will soon be halved. You can earn 10 XTM daily performing tasks and 40 XTM weekly by signing in daily. There are other missions you can undertake to earn XTM.
You can buy XTM on exchange(s) when it listed but you will need to be on Torum to stake your XTM to earn XTF. All I'll say is congratulations to Torum early adopters. You can join Torum following this link.
https://www.torum.com/signup?referral_code=wumeepope
