Binance Smart Chain supports the Defi craze, creates a new ecosystem, and becomes the track leader.

There are 14 sectors on Binance Smart Chain, including DEX, lending, insurance, wallet, NFT, etc., with nearly 300 projects.

Since the Binance Smart Chain went live in September last year, in just a few months, there have been many extraordinary achievements. It is using actual actions to confirm the tacit understanding and mutual trust with users, and at the same time, it has delivered a satisfactory answer to the market.

In addition to the native projects on the Binance Smart Chain, many DeFi protocols on the Ethereum chain, including 1inch, SushiSwap, etc., have also been deployed on the Binance Smart Chain. In February, Binance Smart Chain led Ethereum for the first time in terms of transaction volume and the number of unique active wallets. PancakeSwap, a decentralized exchange for the ecological project, compared to UniSwap, the unicorn unicorn, and successfully counterattacked with a 1,000% increase in liquidity and reached the top of the decentralized exchange trading volume rankings. The smart chain has been officially launched for less than a year, but it is developing at an astonishing speed, and there are even corners overtaking to catch up with the trend of "big brother" Ethereum.

In addition, the smart chain fee has been halved again, down to 5gwei. I believe everyone already knows it. It can be said that the smart chain has really achieved the user first, and we will do our best to provide users with high-quality services. The BSC ecosystem has exploded. In the future, some people think that it may be quasi-transitory, but what we actually see is a steady stream of user entry and lock-in of funds.

Binance Smart Chain not only has outstanding achievements in business, but also it can continue to innovate from the perspective of user needs, and explore new areas and new sectors. For example, the recent explosive NFT, in its current form, 108,000 independent active wallets on the smart chain are already helping it to formally activate the NFT market and even realize the opportunity for overtaking in corners. In particular, BakerySwap, a project on the smart chain, has achieved accelerated growth based on product innovation and application upgrades.

BakerySwap's NFT market has expanded from the original Combo to more than a dozen sectors including artworks, game props, and pets. Has been loved by many players. Up to now, a total of 35,669 NFT tokens have been minted on BakerySwap, the number of transactions exceeded 120,000, the transaction volume exceeded 25 million BAKEs, about 37.5 million U.S. dollars, and more than 13 million BAKEs locked in NFT. And these achievements will eventually be empowered to Binance Smart Chain, forming a complete closed-loop operation.

In this DeFi "contending" arena, Binance Smart Chain relies on its excellent business capabilities, not only with low cost, high performance, and diverse projects, but also from the needs of users, with high returns and high profits, and it can quickly feedback with its capital advantages. To the user. As the smart chain accelerates its expansion, I believe it will drive more high-quality projects and the prosperity of the entire market!

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