Pancakeswap users can stake their $CAKE on either or all of TRX, WIN, and BTT syrup pools. Users can harvest these tokens and trade them on the platform at any time. Pancakeswap Triple Syrup Pool Additions On May 6, 2021, Pancakeswap announced that TRON, WINklink, and BitTorrent have been added to the syrup pool. Pancakeswap will be[Read more…]
Author Archives: BSC NEWS
09
May
May
OxBull has introduced another decentralized finance (DeFi) project to its blockchain incubator. The Binance Smart Chain-based startup will host meme platform CATECOIN in its 11th Initial DEX Offering (IDO). Introduction In a Tweet made on the 6th of May 2021, OxBull disclosed that they would host Catecoin in its 11th IDO. Previously, meme tokens have not gained[Read more…]
09
May
May
The $ANY token, the currency of the Anyswap platform recently enjoyed a price upsurge of over 90% in the past week. The price upsurge may suggest that multi-chain swaps are gaining traction in the crypto space. The Rise of Multichain Swaps According to metrics from the official Anyswap Twitter account, the multichain swap space has grown[Read more…]
09
May
May
PancakeSwap AMM has created a number of syrup pools deployed by new contracts and is discontinuing existing pools. As part of the integration of these new contracts, PancakeSwap is requiring users to re-stake their tokens. New Syrup Pools The new syrup pools on PancakeSwap are RAMP, HAKKA, pBTC, LIEN, bBadger, bDIGG, BONDLY, XED, CGG, PERL,[Read more…]
BSC News, BSC Projects
Catecoin, A DeFi-Based Meme Content Creation Platform Featuring Content Farming
09
May
May
The platform focuses on the principles mechanics of a DeFi protocol while simultaneously incorporating memes. Catecoin presents better community-oriented features than Dogecoin. A Decentralized and Earning Platform For Content Creators Catecoin gives the meme creators a way to share and promote their work. There is also a systematic voting mechanism to generate monetary rewards. 0.1[Read more…]
09
May
May
Autofarm has suggested that its users in Venus vaults withdraw their funds. This advice is part of Autofarm’s recovery plans in the wake of severe complications its assets experienced in Venus Vaults, which affected the compounding of assets and withdrawal. Update On Venus Hack Experience Autofarm has issued an update regarding recovery and moving forward plan to[Read more…]
08
May
May
Safestar offers a frictionless yield protocol for users who want to avoid the hassles of connecting their wallet to a platform and spending gas fees on getting rewarded. What is SafeStar? SafeStar is a frictionless yield and liquidity generating protocol that works by applying 10% fees for each transaction. These transactions are subsequently split into[Read more…]
08
May
May
The latest hack on May 7th at 07:41:39 PM +UTC has drained 11M USD from the vSwap contract liquidity pools, making it the platform’s third exploit. The ecosystem is threatened with this type of event becoming rampant in recent times. Three Exploits The first exploit covered by Rekt News, done in November 2020, was a flash loan[Read more…]
07
May
May
ApeSwap has seen recent speculation as they branch out into the NFT market. Let’s dive into what these non-fungible assets are and what it means for the project. The Scoop The AMM is continuing sales of non-fungible apes, a set of 1,000 cryptographically generated unique, rare, immutable, digital apes (NFTs). Each non-fungible ape is created by hashing[Read more…]
BSC News, BSC Projects
TEN Finance Project Insight: Simplified Decentralized Finance Using Token Enrichment Network
07
May
May
Token Enrichment Network (TEN) emphasizes the convenience of operation within DeFi by simplifying staking and farming with the most liquid Binance Smart Chain Liquidity Pools available. TEN platform’s rallying point will be its simplified User Interface and Experience (UI/UX). Introduction Decentralized Finance (Defi) defines the current hype of the cryptocurrency markets. Alongside NFTs. It’s the buzzword[Read more…]
