Introducing v3 Swap and Liquidity Provision on Polygon zkEVM The Polygon network is one of the most widely adopted scaling solutions within the Ethereum ecosystem, hosting over 3,000 applications, processing one billion+ transactions, serving 100 million+ unique user addresses, and securing assets worth ~$5 billion.
By seamlessly deploying existing contracts and offering lower transaction fees, Polygon zkEVM has gained substantial traction, with over $28M in TVL since its beta mainnet launch on March 27, 2023.
This technology enhances the functionality of Ethereum smart contracts and dApps, reducing gas costs and increasing network throughput. Polygon zkEVM is a Layer Two (L2) scaling solution for Ethereum, harnessing the power of zero-knowledge (ZK) proofs while maintaining compatibility with the Ethereum Virtual Machine (EVM). Join us in celebrating our Multichain expansion and the launch on Polygon zkEVM by participating in the exhilarating tasks of PancakeSwap's Traverse the Treasure Islands Galxe Campaign here, where you can earn loyalty points and exclusive access to celebratory NFTs.Įxperience PancakeSwap on Polygon zkEVM Now By embracing Ethereum Layer Two (L2) technology, we unlock new opportunities and deliver exceptional user benefits. With powerful features inherited from the latest version of PancakeSwap, this deployment brings lower trading fees, increased fee returns for liquidity providers, and improved capital efficiency, making it the industry's most efficient and user-friendly DEX. TRENDING FinNexus (FNX) contract deployer changed the token owner to some address on Ethereum and BSC.We are thrilled to announce that PancakeSwap v3 has officially launched on the Polygon zkEVM Mainnet Beta, providing our vibrant community with the Swap and Liquidity Provision functionalities. Swapping from Ethereum to BSC: If you later wish to swap your assets from Ethereum to Binance Smart Chain, simply perform step 6 and 7 above in the reverse order, ie and. Multichain ethereum binance chain avalanche binance Builders can build application layers on top of DeFi to improve its composability. In terms of speed, security, and decentralization, it is unrivaled. About Kyber Network The Total Value Locked (TVL) on the platform, which has over 300,000 members, is more over $5 billion, with over 1,000 crypto assets flowing across several mainnets.
Cross-Chain Bridge Probing the intersection of crypto and government. In this article, we’ll address the BSC network capacity and lay out the next steps towards boosting its performance. However, with the significant growth comes significant strain on the network, and the BSC network tested the performance and capacity of its validators multiple times during these busy months. The recent performance tests show that thanks to the recent development work from both Ethereum and the BSC community, the current client of BSC could handle more gas in a block than it currently does. Increasing the gas limit to scale BSC Due to this reason, the BSC community, validators, and projects revived the discussion of increasing the gas ceiling once again. In total, the firm has raised more than $105 million, Nabutovsky said.
#MULTICHAIN ETHEREUM BINANCE CHAIN LABSPARTZCOINTELEGRAPH SERIES#
This fundraise comes about 15 months after the company’s $35 million Series A round. The round was led by 10T Holdings, with participation from Tiger Global, Seven Seven Six Ventures and QED Investors, among others. BSC with its Proof-of-Staked Authority (PoSA) algorithm provides an ecological and scalable blockchain for everyone and aims to become the most inclusive blockchain, providing billions of people with access to a financial system. Wouldn’t it be great if Binance Smart Chain could capitalize on the benefits of Lachesis consensus? Multichain ethereum binance smart chain binance The launch of the Binance Smart Chain (BSC) mainnet brought something new to the cryptocurrency ecosystem – an open-source and decentralized blockchain that can handle high traffic while keeping the fees low and transaction speed high. Imagine the improvements in efficiency when crypto tokens designed on BSC could work seamlessly on the Fantom blockchain. Therefore, a BSC to FTM Bridge can work wonders in facilitating interoperability among DeFi platforms.
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