Binance Smart Chain has launched, you can staking BNB in September
Binance Smart Chain is live on mainnet, activating the parallel blockchain to Binance Chain that will enable the creation of smart contracts and the staking mechanism for BNB.
Binance Smart Chain is compatible with Cosmos, Binance Chain, and Ethereum Virtual Machines, and enables mutual remittance (cross-chain function) with unique token standard “BEP2”.
In addition, the staking agreement has adopted the “Proof of Staked Authority” and has 21 validators. At the moment, staking on the mainnet is still unimplemented.
#Binance Smart Chain Has Launched! 🚀
Numerous crypto projects are already working with the Binance Chain community to help make BSC a robust blockchain platform, such as:
— Binance (@binance) September 1, 2020
According to the official announcement, some major DeFi projects are already working in partnership with the new blockchain community. Among them are popular platforms such as Swipe, Aave, 1inch.exchange, WazirX, DODO, dForce, Bounce.finance, Spartan Protocol, MCDEX, Cream, ForTube, DeBank and more.
The BNB token has increased by more than 10% from the previous day due to the implementation of Mainnet.
- The Binance Smart Chain Whitepaper Has Come Under Criticism From Crypto Purists Who Claim It To Be Centralized
- Binance Has Announced That Crypto Enthusiasts Can Now Stake Binance Coin (BNB) On Binance Chain Testnet