Category Archives: BSC News

Liquidity Siphon Rugpulls on The Binance Smart Chain

On top of the 2,000,000 USD PopcornSwap Rug-pull, two other De-Fi projects, Zap Finance and Tin Finance, have run off with user funds. The never-ending weeks of crypto continue to become one, having upwards of three rug-pulls on the Binance Smart Chain (BSC), this week. On top of the 2,000,000 USD PopcornSwap Rug-pull, two other[Read more…]

Narwhalswap Project Insight: A Decentralized Exchange With NFT-Fi Integrations

NarwhalSwap innovated on traditional Decentralized Exchange (DEX) models, using Automated Market Maker (AMM) technology, Non-Fungible Tokens (NFT’s), Staking, and Yield Farming to bootstrap liquidity. Narwhalswap Project Review A narwhal and a unicorn both have horns, just like the unicorn roams the De-Fi landscape on the Ethereum Network (Uniswap), as for the Binance Smart Chain (BSC)[Read more…]

BurgerSwap Project Insight: A Democratized Decentralized Exchange

BurgerSwap is a decentralized Automated Market Maker (AMM) on the Binance Smart Chain (BSC) network What is an AMM? Automated Market Makers (AMM) are a type of decentralized exchange (DEX) protocol that uses a mathematical formula and game theory to price assets. This is unlike traditional exchange methods that use an order book system to[Read more…]

Cryptonomics: What Are Elastic Supply Tokens

Rebase tokens seek to incorporate commodity-like market features through the unique  rebase mechanics used to enforce a stable peg price while maintaining scarcity. Introduction Decentralized Finance (DeFi) became really big during Q4 of 2020, ushering many new ideas and innovations never seen before. DeFi appeals to many, leveraging blockchain technology to shift mainstream financial services to[Read more…]

Cryptonomics: What Is Yield Farming

Stated simply, to yield-farm in cryptocurrency you must handover custody of your crypto assets to a particular De-Fi platform Introduction  The concept of Yield Farming surely creates an imagination of agricultural activity to any mind new to cryptocurrency and the blockchain space. While yield farming may sound a bit obscure, the concepts that apply to[Read more…]

PopcornSwap Liquidity Siphon Rugpull

A newly released project, PopcornSwap, has performed a liquidity siphon scam. This was nearly an instant rug-pull upon launch, stealing custody of over 2,000,000 USD in users’ tokens PopcornSwap Rugpull For those who keep up on the Binance Smart Chain, it has been a bit of a day; among other events, there has been another[Read more…]

Reef Finance Project Insight: De-Fi Made Easy

“The gateway to DeFi through Liquidity and Protocol Aggregation, Proprietary Analytics, and Multi-Chain Accessibility” – Reef Team ‍Introduction In late 2019 the idea for Reef was born, as Denko Mancheski, CEO and co-founder of Reef Finance envisioned a “simpler” De-Fi. The goal was to make De-Fi a lot easier for the masses, the current ways[Read more…]

Phoswap Project Review: A Decentralized Exchange Coupled With Yield Farming Mechanics

Phoswap has landed on the Binance Smart Chain (BSC), offering their Decentralized Exchange (DEX) using Automated Market Maker (AMM) technology to facilitate seamless swaps. Phoswap Project Review Phoswap has landed on the Binance Smart Chain (BSC), offering their Decentralized Exchange (DEX) using Automated Market Maker (AMM) technology to facilitate seamless swaps. AMM and More… Phoswap is already offering their[Read more…]

ACryptoS Project Insight: Advanced Crypto Solutions

ACryptoS offers two products to the Binance Smart Chain (BSC): a yield optimizer coined ACryptoS Vaults, and a stable coin DEX, ACryptoS StableSwap. Introduction ACryptoS is a De-Fi platform on the Binance Smart Chain (BSC) that offers advanced crypto strategies. ACryptoS offers two products to the Binance Smart Chain (BSC): a yield optimizer coined ACryptoS[Read more…]

JetFuel.Finance Releases VAPOR Rewards And an Ecosystem Update

JetFuel Finance continues developments releasing new vaults, VAPOR rewards for JETS, and an update on the future of the JetFuel.finance ecosystem. Vapor Rewards Let’s begin with the limited-time VAPOR rewards for JETS staking. Following the launchpad partnership with Bliquids VAPOR token, the teams have allocated a total compensation of 194,000 VAPOR rewards to JETS holders.[Read more…]