Crypto Blog
Enabling high-APY native staking on BSC in addition to enhanced MEV rewards, liquid staking on BNB Chain will allow participants to secure the network while maintaining liquidity of their assets. By issuing liquid staking tokens that represent staked BNB, users can engage in DeFi activities without sacrificing asset utility. The LSDFi integration is scheduled to take place between April and early May of 2024.
The addition of native staking to BSC is enabled by the sunset of the BNB Beacon Chain, which is scheduled for finalization in late June of 2024. The Beacon Chain sunset involves migrating all BNB Beacon Chain functionalities to BSC to streamline the network, improve efficiency, reduce security risks, and align BNB Chain’s architecture with current technological demands and future growth plans.Delegators have the opportunity to benefit from LSDFi and MEV.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BNB Chain puts up $1M reward to attract memecoin devsMemecoin projects must have a $2 billion trading volume to qualify for the lowest reward and over $30 billion to get up to a $1 million reward.
Read more »
BNB Chain Launches Meme Competition; Offers Up To 1 Million USD In RewardsCrypto Blog
Read more »
BNB Chain to Host “BNBeach Dubai” Networking Event at Token2049Crypto Blog
Read more »
dWallet Network Brings Multi-chain DeFi To Sui, Featuring Native Bitcoin And EthereumTo implement the dWallet primitive, the dWallet Network utilizes 2PC-MPC, the state-of-the-art protocol invented by its team.
Read more »
dWallet Network Brings Multi-Chain DeFi to Sui, Featuring Native Bitcoin and EthereumCrypto Blog
Read more »
Base hits nearly $1.3 billion in total value locked, meme coins rallyBase chain, Coinbase’s Layer 2 chain hit two key milestones on Sunday, April 7.
Read more »