Binance Smart Chain mainnet launch and BNB surge

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Hello,this is kimm. , the mainnet of Binance Smart Chain, which operates on a parallel blockchain with Binance Chain, was launched . Binance Smart Chain can create BNB's smart contract and staking mechanism, and anyone interested in BSC can collect BNB coins and become a validator.

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BSC, which was activated about 5 months after its first public release in April 2020, is a blockchain compatible with EVM (Ethereum Virtual Machine), and has introduced a PoSA (Proof of Staked Authority) consensus mechanism, and many people are interested in the blockchain. Designed with a focus on DeFi as it focuses on alternative financial solutions based .

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The advantages of Binance Smartchain are:

  • Rich digital asset ecosystem provided by Binance DEX, a leading decentralized exchange
  • Low transaction fees as low as 1 cent
  • High-performance network capable of generating blocks in a 3-second cycle
  • Cross-chain DeFi mechanism providing DeFi interoperability
  • Binance ecosystem to fund and bootstrap various DeFi projects
  • An ecosystem accessible to hundreds of users using Binance.com and Binance DEX
  • A network of various crypto projects already working with BSC

The Binance Smartchain Community plans to release convenient tools for functions such as token issuance and transmission, BNB staking, DApp creation and use in September, and has already announced strong network lineups such as Ankr and Chainlink.

The list of teams that have already announced cooperation to make BSC a powerful blockchain platform is as follows.

  • Blockchain infrastructure and tools: Chainlink, Band Protocol, Trust Wallet, Anchor, BSCScan, Bitquery.io, Math Wallet, MyWish, Certic, Torus

  • DeFi: Swipe, Aave, 1inch.exchange, WazirX, DODO, dForce, Bounce.finance, Spartan Protocol, MCDEX

  • Cross-chain liquidity: RenVM, pNetwork, Thorchain, Ferrum.Network, Alpha Finance

  • Others: Dapp.Review, Ontology, Travala. Republic.co, Clutch, BCA

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Since the announcement of the news, there has been a movement of BNB's price surge, which has been somewhat slow to increase in price, and when incentives for other DeFi tokens begin to progress through the provision of BNB's staking function in the future, the price fluctuation of BNB will be more powerful. You may be receiving.

Currently, various information on Binance Smartchain can be checked directly from BSCScan.

Posted Using LeoFinance



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