Marketwatch VNN

Answerly has moved from Stellar to Polygon Blockchain

King Newswire

On 22nd August, Answerly (ANSR) announced that it has migrated from Stellar to Polygon blockchain. Earlier this month, Answerly hinted on Twitter about their plans of moving to a different blockchain due to the lack of support or recognition from the Stellar community.

Raza Rizvi (CEO of Answerly) earlier mentioned that they have been trying to get in touch with anyone from the Stellar Development Foundation but SDF isn’t supporting or recognizing the project. For this reason, Answerly has been looking for alternative options for Answerly.

Answerly mentioned that it has deployed a smart contract for Answerly token on Polygon with the same amount of supply and ticker as before. By the end of September, all existing token holders on the Stellar network would be able to swap their Stellar-based Answerly tokens with the new token.

Earlier this month, Answerly also announced that once the Stellar-based Answerly tokens are swapped, they will also create a new batch of NFTs on the Polygon chain and swap them with the existing NFTs. NFT swapping will occur in early October and the new batch of NFTs will be added to the Opensea NFT marketplace.

Here are the details of the new Answerly token that has been deployed on Polygon:

Contract Address: 0xdac9612d332afc942493d799f42d23183a4b3d7b
Ticker: ANSR
Decimals: 18
Polygonscan link: Click here

Answerly team created the initial liquidity pool for ANSR/USDC on Uniswap. The team has plans to create more liquidity pairs on Sushiswap and Quickswap in the coming weeks. Considering the rapid growth of the Polygon network, the team believes that moving to Polygon will help Answerly to gain more exposure and adoption.

Answerly is the first ever blockchain-based Q&A platform that aims to reward content creators for adding unique answers to the platform. The platform has managed to gain over 18 thousand users in just a few months. Considering this growth, the Answerly team is very confident that the platform has a bright future ahead.

Media Contact

Organization: Answerly

Contact Person: Zain Haider

Email: Send Email

Phone: 03208232481

City: Delaware

Country: United States