It’s time for some Beta!

Cryptonovae
5 min readMay 25, 2021

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Dips are red, pamps are green; you fear your portfolio is losing steam! It’s time to stand up and fight for your PnL because this is Cryptonovae and we’re 300!

At Cryptonovae, we are warriors. We fought against the market’s worst odds and successfully made it through the bear-market winter. What do you do when the market’s green? You prepare to sustain any and all possible dips, regardless of their strength. We, therefore, prepared the finest weapons for you to fight the red and keep your portfolio in the green. It’s time to start the beta!

Because we’re about to fight our greatest battle, only the most worthy will be selected for combat. But worry not, whether you’re selected or not, if you pre-register for the beta phase, you’ll be awarded a special program. Since we want our first line of soldiers to be prepared for everything, we need our defense line to support the war effort.

How to access the beta:

  1. Join our Discord server:

https://discord.cryptonovae.com

2. Fill in the pre-registration form:

https://forms.gle/n8aPwmjnvNPYqGB16

Only whitelisted email addresses from the pre-registration are eligible for the beta application process. Once your email has been whitelisted, you will receive further instructions via email. The pre-registration phase is open for June 10th, 2021, after which you will receive an email with further instructions, whether or not you have been selected as one of our beta testers.

Beta-testing conditions explained:

As the beta testing phase is a way for us to test our subscription models, we will give various opportunities for users to help us with testing them. Users will be able to trade with the beta on Binance and/or Kraken.

While our final product will be available both for Windows, macOS and Linux, the beta version is only for Windows users so far.

From here you just have to choose the most convenient model from below:

Access through balance thresholds: Once you have been selected, you will be able to connect your Metamask, Walletconnect, or Ledger wallet to your profile on cryptonovae.com. You just have to maintain a minimum balance in order for your Cryptonovae license to be active. If you want to trade on 1 exchange, you have to maintain a balance of at least 10,000 YAE and if you want to trade on 2 exchanges, you have to maintain a balance of at least 15,000 YAE

New accounts based on our free model offer:

When you register an account at Binance or Kraken through our introducing link, the exchange will share a part of the commission fees with us. If you want to apply to the beta that way, simply follow the links you were presented within the pre-registration form and/or the confirmation email.

Liquidity providers:

YAE is a cross-chain asset available on the Ethereum blockchain and the Binance Smart Chain. If you provide at least $1,000 worth of LP Tokens to our pools, you just have to connect your wallet on the profile page you will be able to create after being selected and it will automatically detect your balance. This model is open to both ETH and BNB Liquidity providers.

The Beta contest winners: will be granted a license and will choose between connecting Binance or Kraken.

What happens if I fall below a certain threshold balance? Your license is deactivated and you can’t watch charts or trade.

What happens if I’m not selected for the beta-testing phase? The participants of the pre-registration, who have not been selected for the beta will receive an email with the details of the exclusive staking and farming event available for them, and them only.

When does the Beta pre-registration start? Now!

When does the beta-testing phase start? Monday, June 14th at 2:00 pm UTC! A download link on your beta-testing profile page will be available then.

What are your obligations as a beta-tester? The first one will be to join our Discord server and link your Discord account with your Cryptonovae profile, which you will need to create once you get selected as a tester. You will then be added a “Beta-Tester” role on Discord which will open new channels for you only. There you will be able to chat with other beta-testers and report any issues or bugs you find.

What can I trade? Spot-trading, Margin-trading and Futures on Binance and Spot-trading on Kraken. Futures-trading on Kraken will be added shortly after.

How do I calculate the LP tokens value? Take the amount of LP Tokens you added to the pool, divide it by the total amount of LP tokens from the LP token contract and multiply that by the dollar value of the total amount of BNB and YAE in the Liquidity Pool.

To learn more about Cryptonovae check out below and don’t forget to subscribe to our newsletter here

Investing in YAE tokens involves the risk of a partial or total loss of the investment. There can be no assurance as to the liquidity of the tokens acquired during the offer, the existence of a secondary market for such tokens, the value of the tokens acquired during the offer, and the equivalent value of these tokens in foreign currency. The YAE tokens do not constitute financial instruments within the meaning of European regulations (MIFID) and do not confer any other rights than those described in our pitch deck and technical white paper. In addition, the regulatory framework applicable to the offer and to the tokens and the tax regime applicable to the holding of the tokens is not currently defined in certain jurisdictions.

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