We are pleasure to announce rolling out BSD-DeFi on L2s and EVM-compatible networks, and will be start on Binance smart chain(BSC) first before next month.
BSD-DeFi’s users can now benefit from faster and cheaper transactions on Binance smart chain(BSC).
Here at BSD-DeFi, we’re always looking to integrate and support the very best blockchain technologies on the market. That’s why today, we’re excited to announce that we are going to add support for Binance Smart Chain, one of the most efficient and growing blockchain ecosystems in the space.
Binance Smart Chain is an alternative blockchain to Ethereum, allowing for extremely fast and cheap transaction fees, while also allowing for the construction of dApps and maximizing scalability opportunities. The chain utilizes a proof-of-authority consensus mechanism, meaning credible validators produce blocks to help power the network.
With this integration, BSC and BEP-20 assets will now be available for collaterals of our stable coin. In the nearly future, our users can use the staking assets on BSC as collaterals to mint PUSD.
Our team is confident that this addition will help draw new entrants onto our platform, tapping into the already massive network of the Binance Smart Chain community. Stable coins on our platform just got even better, so let’s keep patient and wait the latest version!
Least but not last,
Our follow-up multi-chain strategy, in addition to coping with the impact of a certain chain on the entire ecology, is also to make BSD DeFi more decentralized and to reach assets and users on other chains.
