Author Archives: BSC NEWS

Ten Finance AMA Transcript

TEN simplifies staking and yield farming with the most liquid Binance Smart Chain Liquidity Pools available and provides a robust yield earning environment on the market while adapting to daily liquidity needs of the different pools. TEN is the Token Enrichment Network, decentralized finance, simplified! All questions answered by Mr Ten Lola(AMA HOST): Can the Team[Read more…]

Wault Swap Revamps Burn Process, Allocating 100% of Protocol Fees to WEX Holders

Wault Finance has announced that 100% of WSwap’s trading fees will move to buy back and burn WEX. Currently, the protocol will use approximately $32,000 to buy and burn WEX daily — 0.02% of the daily trading volume. Introduction  Several protocols do all they can to burn their tokens to drive value to its users.[Read more…]

UFC Continues to Dive Into NFTs, Leveraging CHILIZ to Launch UFC Fan Token on Socios.com

The UFC plans to take advantage of this interest by releasing their own NFT through Chiliz Summary: The world’s largest Mixed Martial Arts fighting tournament, the UFC (Ultimate Fighting Championship), plans to launch its own $UFC fan engagement token in cooperation with Chiliz on the Socios.com website. UFC: Another Sports Giant Embraces NFT Culture A[Read more…]

IRON Finance Launches Investment Vaults in Partnership with Value DeFi, Collateralized Synthetic Tokens, and DragonBall Lottery!

The DeFi industry needs strategic developments and IronFinance aims to be the main and biggest issuer of a partially collateralized stablecoin and investment vaults on the BinanceSmartChain. Introduction IronFinance, the first and well known partial-collateralised stablecoin protocol on the Binance SmartChain (BSC), has recently launched their Investment Vaults for its STEEL token, and DiamondHand, which is IronFinance’s other[Read more…]

Over 5M Cake Burned in The Largest PancakeSwap Weekly Burn

PancakeSwaps deflationary mechanisms are in full swing. A tweet from the official PancakeSwap Twitter account on May 3rd stated that the exchange bought $7.8M of $CAKE back from the market in trading and prediction fees. Burning $CAKE tokens power the PancakeSwap ecosystem, and are earned through yield farming or staking in syrup pools. This means[Read more…]

Wault x Eleven Finance Partnership as WSwap Nears 200M TVL

WSwap users now have an easy option to create Liquidity Pools (LPs) and add them to the corresponding vault using Eleven Finance. Users can stake LP tokens in the Eleven Finance vaults and earn ELE for increased rewards. Eleven Finance Announces Partnership With Wault Since its inception, Eleven Finance has focused on improving the Binance[Read more…]

Helmet Dives Into NFTs: Gacha Game

The protocol introduced a jigsaw game in version 1 of Pixel Puzzle called “Fight for Dora.” Pixel Puzzle is an NFT Gacha game with surprise mechanics that allows users to scoop the final jackpot. Introduction The platform has been looking for ways to add more value to its users via NFTs. The peer-to-peer price-shield insurance[Read more…]

BAKE Increases 380% in the last 7-days Alongside 20x Increase in Transaction Volume

BAKE experienced a 380% gain over the last seven days alongside a 20x increase in volume. BakerySwap continues to display why it is the hub of most NFT activities on the BSC chain. A New All-Time High (ATH) BakerySwap recently made history through its specialized Non-Fungible Token (NFT) Dex platform. The protocol is now focusing[Read more…]

MDEX Overtakes BurgerSwap and PancakeSwap in DEX Ranking

Maintaining a daily volume of more than $1.6 billion coming 2nd to Uniswap $1.7 billion, the HECO-based multichain MDEX has surpassed BurgerSwap and PancakeSwap. The Binance Smart Chain (BSC) Network Dex is now taking over 23% of the market share. MDEX Aims For the Moon BSC-based Dex platform MDEX firmly stands in the third position[Read more…]

BakerySwap Introduces CAR IDO – A Rare Car Collection

The BakerySwap platform, which is at the forefront of NFTs on the Binance Smart Chain (BSC), has announced a new range of non-fungible tokens called Rare Car Collection. The supporting token $CAR will be made available on the Bakery Launchpad (IDO) on May 5th. Collectible Car NFT Release The announcement of the car collection comes[Read more…]