TRVL Liquidity Consolidates on Base and Ethereum Mainnet This December
In two weeks, liquidity from the TRVL-USDT pool on PancakeSwap will be wound down and consolidated to Ethereum mainnet and Base.
Introduction
On December 9th, the TRVL-USDT pool on PancakeSwap will be wound down and consolidated to Ethereum mainnet and Base.
This move simplifies accessibility, strengthens the ecosystem, and aligns liquidity with the networks that support our long-term growth.
Why Consolidate Liquidity?
Consolidating liquidity is essential for improving the trading experience and supporting TRVL’s growth. Here’s why:
- Reduced Slippage: By pooling liquidity into fewer, larger pools, traders can execute swaps more efficiently with less price impact.
- Ecosystem Focus: Ethereum and Base are pivotal networks for the Dtravel ecosystem, providing TRVL with better alignment for future integrations and community initiatives.
- Cost-Effective Transactions: Base offers low fees and high throughput, while Ethereum is the most widely adopted smart contract network.
- Stronger Community Engagement: Concentrating liquidity encourages activity and participation in networks where rewards and partnerships are actively supported.
What Liquidity Pools Will Be Available for TRVL?
With this transition, TRVL holders will have access to the following liquidity pools:
1. Ethereum Mainnet
- Swap for TRVL on Uniswap: WETH/TRVL
2. Base Network
- Swap for TRVL on Aerodrome: WETH/TRVL
How to Bridge TRVL to Ethereum and Base
To ensure a smooth transition, users with TRVL on Binance Smart Chain (BSC) or Ethereum can use our partner-supported bridges.
1. Bridge TRVL from Binance Smart Chain (BSC) to Ethereum Mainnet
If you currently hold TRVL on Binance Smart Chain, you will need to bridge it to Ethereum Mainnet once the PancakeSwap pool is removed. This can be done via the ChangeNow bridge on Dtravel.com.
Steps to Bridge TRVL from BEP20 to ERC20:
- Visit the TRVL Token Bridge
- Connect Your Wallet: Link your Binance Smart Chain wallet holding TRVL.
- Select Amount: Choose the amount of TRVL you want to bridge to Ethereum Mainnet.
- Swap at a 1:1 Rate: Exchange TRVL from BEP20 to ERC20.
- Confirm the Transaction: Finalize the transaction to complete the bridge.
For more details, read this article on the TRVL ChangeNow bridge.
2. Bridge TRVL from Ethereum Mainnet to Base
To take advantage of Base’s low fees and high transaction speeds, users can use the LayerZero bridge to transfer TRVL from Ethereum Mainnet to Base.
Steps to Bridge TRVL from Ethereum to Base:
- Visit the TRVL Bridge.
- Connect Your Wallet: Link your Ethereum wallet holding TRVL.
- Select Amount: Choose the amount of TRVL to bridge to Base.
- Confirm the Transaction: Finalize the transaction to complete the bridge.
For more details, read this article on the TRVL LayerZero Bridge.
Important Dates
On December 9th, 2024, the Pancakeswap liquidity will be removed, and transferred to support the Ethereum mainnet and Base pools on Uniswap and Aerodrome, respectively.
Conclusion
The consolidation of TRVL liquidity to Base and Ethereum Mainnet marks an important step in optimizing the Dtravel ecosystem. By focusing liquidity on these networks, we aim to strengthen community engagement and support the long-term growth of TRVL.
We encourage all TRVL holders to take advantage of the updated liquidity pools and bridges to ensure a seamless experience. If you have any questions, feel free to reach out in our community channels.