BNB Chain is moving forward daily, and we hope you guys do not miss any news in the last 7 days. Here is your BNB Chain Weekly Ecosystem recap.
Key Takeaways
- BNB Highlight On-Chain Data
- BNB Chain July technology updates
- Nodereal partnership with ApeSwap
- Stader Labs & pStake Finance staking pools are now live on BNB Chain
- Pear DAO partnership with SpaceID Protocol
- Binance and Mastercard launch Prepaid Card in Argentina
- Introducing MUX: The First Multi-Chain Native Leveraged Trading ProtocolBNB Highlight On-Chain Data
Ecosystem Updates
Despite the market turmoil, the developer community always strives to enrich the BNB Chain landscape and share prosperity with the user community. The Devs gave BNB Chain some important updates and great news this week, which are listed below.
BNB Chain Highlight On-Chain Data
BNB Chain Project Ranking Updates
BNB Chain July technology updates
Major Tech Updates for July
BSC Release v1.1.12 – A performance release that greatly slows down the storage growth and improves the syncing efficiency.
BNB ZkRolllup is under testing – A lot of refactoring and bug fixes for the initial release.
BNB Side Chain – POC of native asset bridge for BNB Side Chain.
BNB Beacon Chain Godel Upgrade on Testnet – Godel Upgrade will give Beacon Chain more computing power for future computing and governance focus by decommissioning the Dex.
Read more details here
Nodereal partnership with ApeSwap
About ApeSwap
ApeSwap is essentially a DeFi hub that provides a complete set of tools to investigate and interact with opportunities for DeFi. Whether you are new to crypto or you are a DeFi veteran, ApeSwap has the tools, community, and connections to support your decentralized finance needs.
About NodeReal
NodeReal is a one-stop infrastructure and solution provider that embraces the high-speed blockchain era. They provide scalable, reliable, and efficient blockchain solutions for everyone, aiming to support the adoption, growth, and long-term success of the Web3 ecosystem.
How is NodeReal Helping?
As ApeSwap continues to operate towards its goal to become the most connected DeFi hub, it requires high-performance infrastructure as its strong backbone. Recently they needed an infra provider to power their backend and meet their trading data subgraph RP requirements. After a few twists and turns, ApeSwap has eventually chosen us as the infrastructure partner.
Stader Labs & pStake Finance staking pools are now live on BNB Chain
Stader Labs
Stader Labs is building a premium and simplified multi-chain liquid staking platform.
Our 1-click staking solution offers benefits like auto-compounding, validator management, and DeFi opportunities.
To secure the $BNB staked through Stader, They use a multi-level approach.
• Built-in features like multi-sig admins and best-in-class cloud security.
• Multiple third-party smart contract audits.
• Collaboration with BNB Chain.
• Constant ongoing monitoring.
pSTAKE Fiannce
pSTAKE’s stkBNB liquid staking solution recently went live on the BNB Chain mainnet. BNB holders now have the ability to liquid stake their tokens via pSTAKE to receive/mint representative stkBNB tokens.
With stkBNB, users can explore BNB Chain’s DeFi (decentralised finance) ecosystem and pursue opportunities to earn additional yield via pSTAKE’s integrations with popular network applications and protocols.
Read more stkBNB User Guide
Pear DAO partnership with SpaceID Protocol
The partnership will bring users opportunities to access Pear DAO Ecosystem with Space ID .bnb Domain easily & simply.
Besides, PearDAO and Space ID opened an event to giveaway 50 whitelist spots for the standard .bnb domain.
How is PEX different
PEAR is a decentralized online marketplace. Our goal is to provide an open, free, decentralized marketplace that facilitates the exchange of goods and value using a decentralized payment system (cryptocurrencies), a decentralized marketplace (PEAR network), and a decentralized Moderator (PEAR DAO).
About Space ID Protocol
SPACE ID is building a universal name service network with one Oracle that seamlessly connects and coordinates people, assets, and dApps across blockchains. It’s decentralized, censorshop-resistant, and open-sourced.
Read more details here
Binance and Mastercard launch Prepaid Card in Argentina
The Binance Card issued by Credencial Payments will allow all new and existing Binance users in Argentina with a valid national ID to make purchases and pay bills with cryptocurrencies, including Bitcoin and BNB, at over 90 million Mastercard merchants worldwide, both in-store and online.
Users can enjoy a seamless transaction in which their cryptocurrencies are converted to fiat currency in real-time at the point of purchase, as well as earn up to 8% in crypto cashback on eligible purchases and enjoy zero fees* on ATM withdrawals.
Binance cardholders will be able to manage their cards through the card dashboard on the Binance App and website. Users will also be able to view their transaction history and access customer support via the card dashboard.
Binance plans to continue expanding in new markets as well as providing support for additional cryptocurrencies. All interested users can now register for the card via https://www.binance.com/es-AR/cards or the Binance App.
Introducing MUX: The First Multi-Chain Native Leveraged Trading ProtocolBNB Highlight On-Chain Data
Founded in 2019, MCDEX has been one of the vanguards to explore leveraged trading in DeFi. From V1 to V3, MCDEX has been continuously innovating on AMM with leverage trading, capital efficiency optimization and seamless trading experiences.
Last year, they launched the V3 protocol, which accomplished several key milestones like reaching $7.2B cumulative trading volume and attracted more than 5000 users. However, they have also identified room for improvement along the way. The learnings they accumulated from V3 guided us to build a more trader-friendly, efficient and self-sustainable DEX.
After months of building, designing and fine-tuning, they are thrilled to announce the launch of MCDEX V4, the MUX Protocol! Also MCDEX will be rebranded as MUX.
Find out further details here
Additional Notable Events
Losslessdefi Partnership with GetBlock Wallet
RadioCacaNFT has been officially launched on ESG Financial
NFTYFinance ‘s New Staking Dapp is now Live on BNB Chain & Ethereum
Floki Inu Partnership with ApeSwap
Lovely Finance is Now Listed on Huobi Global
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