The decentralized finance (DeFi) market has seen phenomenal growth in the last two years. In just two years, the total locked volume of DeFi has exceeded $65 billion from a mere $2 million, an increase of 10,000 times. Immediately afterwards, the decentralized finance industry ushered in the explosive growth of NFTs in 2022, and people found that decentralized finance is more and more related to real-world practical use cases.
DeFi is often accompanied by a wealth-making effect and it seems to have become a market consensus. And the rise of this "jianghu" DeFi often accompanied by the effect of creating wealth seems to have become a market consensus. And the rise and fall of this "jianghu" will accelerate this year.
Uniswap and Sushiswap once dominated the DEX rivers and lakes, and no one has shaken them. Now, with the rapid expansion of Binance Smart Chain BSC, more dark horses have been "grabbing food". Based on the DAO+WEB3.0 open source protocol mixed currency pool application in the DeFi application ecology - BNB2.0 is the most ferocious one.
BNB2.0 Leverages New Leverage of Wealth to Help DEFI Accelerate the Landing
Due to the continuous popularity of the DAO field, facing the problems of the existing Layer1 network and the failure of DEX (decentralized exchange) to solve the problem of scientists smashing wool and sandwich attacks, 188 DAO autonomous organizations around the world have joined 18 nodes of the BSC smart chain. Co-initiated BNB2.0., committed to building a DAO2.0 business ecosystem.
BNB2.0 will create the most complete ecosystem in the DeFi field. This system includes ecosystems such as "Metaverse+WEB3.0+DAO+GameFi+Swap+SocialFi", gradually realizing the magnificent decentralized finance of BNB2.0 vision. Become the world's top decentralized open DAO organization platform.
BNB2.0 adopts the DAO contract operation, all major decisions, including but not limited to: the weight parameters of the liquidity pool, the weight of handling fees, the weight of repurchase and destruction, the new currency mining pool, etc. will be initiated through the DAO community. Proposals are voted on to achieve true decentralization.
In the DAO system of BNB2.0, BNB2.0 is used as a governance token, and the holding of tokens is the only measure of users' voting rights and weights. In addition to acting as a market maker, it can also serve as a promotion and distribution tool for token projects. Through the incentive pool, automated market makers can distribute platform tokens to users who want to raise the token in a sybil-resistant manner, while creating a liquid market for the token.
BNB2.0 is a DeFi3.0 infrastructure application. BNB2.0 builds a huge open source liquidity pool in the form of DAO. Through the corresponding cross-chain bridge technology and currency mixing function, it brings together the isolated liquidity in DeFi and innovates 5% of the LP will be distributed to valid currency holders in mainstream digital currencies. This solves the problems encountered in traditional DEX, such as scientists smashing wool and sandwiching attacks.
BNB2.0 supports a multi-chain deployment architecture. The goal of BNB2.0 is not only a simple open source pool of aggregated ecological liquidity, but a complete ecosystem that can carry DeFi value. At this stage, Ethereum is still the main position of the DeFi ecosystem, but its network congestion and high transaction costs seriously hinder the further development of the ecosystem.
Through the BNB2.0 decentralized bridging network, a highway in the cross-chain ecosystem will be established, and the safest general bridging solution will be provided. It can realize asset cross-chain and general remote chain calls between heterogeneous chains such as OK/BSC/TRX/ETH, etc. The main application areas include DeFi, cross-chain NFT trading market, games, etc. The value of the BNB2.0 platform token mainly lies in the multiple functions in the BNB2.0 ecosystem, including aggregated mining pool income reward distribution & acceleration, cross-chain bridging, repurchase and destruction, platform governance, etc.
BNB2.0 will support interoperability with other public blockchains to support cross-chain DeFi solutions. At launch, BNB 2.0 will deploy all the necessary smart contracts on the compelling blockchain and will also run relays, however, any individual or group can run private relays using their own charging system device.
On this basis, BNB2.0-DeFi builds a perfect decentralized financial ecology with precise and rigorous functional design and user-friendly experience, and finally creates a non-centralized consensus society. The whole ecology BNB2.0-DeFi has a powerful Internal structure and BNB2.0-DAO service.
BNB2.0 will be launched on May 17, 2022, and there will be air drops during the launch period.