Over the past month, Binance-based tokens have risen strongly, from BNB, CAKE, VAI to BTCST, and many people finally turned their attention to this Binance Smart Chain BSC, which has been working silently for half a year.
In the past, we only recognized Ethereum from the public chain to the application, but now with the efforts of latecomers, we really need to look at the new ecology with an open and developmental perspective.
Some people may ask, is a new ecology like BSC really a new opportunity, or is it just the next EOS, which will fall silent after a few strokes?
Odaily believes that BSC does contain opportunities and deserves our early attention.
According to the statistics of BscScan, in the past week, BSC has newly launched 11 income farming projects. In the past period of time, BSC has also attracted good projects on Ethereum such as CREAM, BAND, and DODO.
The reason is that the rapid development of BSC, coupled with the strong capital and user support of Binance, is quite attractive to new projects and even many mature projects on other chains. In addition, it is compatible with Ethereum, with relatively low development threshold and migration costs, fast transaction speed and low transaction costs, and is also suitable as a testing ground for new projects.
To this end, Odaily recently launched a series of articles on "BSC Binance Smart Chain Guide" to provide an overview window for us to understand the new ecology.
Some people may ask, is a new ecology like BSC really a new opportunity, or is it just the next EOS, which will fall silent after a few strokes?
If there are friends who don’t know much about BSC, you can jump to this brief introduction we made:《What I see from "air for big pie" is, when did the Binance Smart Chain have so many assets and players?》
To this end, Odaily recently launched a series of articles on "BSC Binance Smart Chain Guide" to provide an overview window for us to understand the new ecology.What are the data tools and application portals?》
PancakeSwap
（https://pancakeswap.finance, token: CAKE)
This is the second article in the series. We will focus on the top 9 DEXs, trading & mining aggregators with the highest locked-up volume and trading volume on BSC. In the next issue, we will systematically talk about the 15 projects supported by the "US$100 million BSC Ecological Acceleration Plan", so stay tuned.
If there are friends who don’t know much about BSC, you can jump to this brief introduction we made:《
What I see from "air for big pie" is, when did the Binance Smart Chain have so many assets and players?
And play BSC guide 01: BSC wallet, entrance and opening method "
PancakeSwap is based on the AMM automatic market maker mechanism, with relatively complete online assets. Based on BSC, it has the advantages of fast speed and low handling fees. The actual measurement of a single transaction is between 4 cents and 9 cents. If you do LP on it It is completely possible to withdraw when the market fluctuates violently to avoid impermanent losses.
Image source:https://pancakeswap.finance/ifo
BakerySwap
（https://www.bakeryswap.org, token: BAKE)
In addition to basic functions, PancakeSwap also supports users to mortgage LP tokens for liquidity mining. The mined platform currency CAKE can also be mortgaged to dig out some high-quality tokens in the BSC ecosystem (such as BNB, DODO, VAI, TWT, UNFI, BLK , HARD). I simply calculated that PancakeSwap has launched 68 liquidity pools, with many options, and the annual interest rate of each pool basically ranges from 20-480%.
According to the statistics of DappRadar, the number of users (number of addresses) of PancakeSwap has reached 130,000, and the cumulative transaction volume has reached 5.49 billion US dollars. In the past month, the transaction volume has surpassed the top aggregator of Ethereum by 1inch. A month ago, its trading volume was only 1/2 of 1inch. From this point of view, the development potential of BSC ecology is quite strong.
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Image source:bakeryswap.org
JulSwap
（https://julswap.com, token: BAKE)
BakerySwap is a product launched at the same time as PancakeSwap. It is similar to PancakeSwap in terms of function and style. At the same time, it also received the support of the first phase of Binance's "100 million USD BSC Ecological Acceleration Plan".
Its NFT Supermarket is also relatively rich, with works of different themes and styles available for Mint. For example, the theme of Elon Musk & Doge, which has become popular recently, has also launched many works.
Anyswap
（https://anyswap.exchangeimage description
Image source:
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, Token: JULD)
The trading and mining functions of JulSwap are roughly similar to those of the above two platforms. What is more special is that the trading page of this platform does not adopt the UniSwap-style DeFi "featured" interface, but follows the design of the centralized exchange, which is very difficult for many traders. more familiar.
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, Token: ANY)
AnySwap is a decentralized cross-chain transaction protocol, and it has also received the support of Binance's first phase of the "US$100 million BSC Ecological Acceleration Plan".
Because it focuses on cross-chain, you can exchange almost any mainstream asset on AnySwap, for example, when you want to transfer your ETH to BSC to play.
Autofarm
（https://autofarm.networkDifferent from the above-mentioned DEX, the cross-chain mechanism allows it to run its own consensus layer and recruit running nodes.
According to the official website data, there are currently 22 nodes on AnySwap, and there are 68 "Bridges cross-chain bridges" running.
According to public information, the total supply of ANY is capped at 100 million pieces. The development team did not conduct pre-sales. The initial supply is 15 million pieces, of which 10 million pieces are used for airdrops and 5 million pieces are used as FSN/ANY liquidity pool rewards. The remaining 85 million tokens will be distributed along with blocks in the Fusion network over the next 4 years. There are also 50 million ANY tokens that will be used as rewards for various activities, such as liquidity provision, token swaps, or rewards for running Anyswap nodes. 35 million tokens will be reserved for the development team and its shareholders.
Image source:coingecko.com
On the platform, the transaction will be charged a 0.4% handling fee, of which 0.3% is allocated to liquidity providers and 0.1% is allocated to the team.
, Token: AUTO)
OpenOcean
（https://openocean.financeAutofarm is a product whose TVL locked-up volume has soared recently. In the 30-day data collected by DappRadar, it even surpassed Uniswap and other projects. The total locked-up volume reached 25.36 billion US dollars on the 30th.
Perhaps, its magic lies in the simultaneous launch of two popular new public chains, BSC and HECO, which attracted many big investors at once. Its tokens are also rising steadily, rising more than 80 times within a month.
From the perspective of positioning, it is not only an automatic income mining platform, but also an income aggregator. As the price of its currency rises, the income of users mortgaging tokens or LP tokens to mine its platform currency is still relatively high. In addition, in order to improve the liquidity of AUTO, we can see the words 11.0X under the LP trading pair in the picture below, which is a bonus bonus. Therefore, users currently participating in Autofarm still have certain "activity dividends", but they should also pay attention to risks when the currency price is soaring.
Image source:openocean.finance
At present, Autofarm only provides mining for the time being, but the official website announced that it will release a useful DEX aggregator soon. Based on such a large lock-up and across two platforms, it is quite exciting.
, tokens: unissued tokens)
ACryptoS
（https://app.acryptos.comOpenOcean is quite capable in many DEXs.
It is positioned as a fully aggregated DEX. The project started in the second half of last year and has successfully realized multi-chain transactions. It currently supports ETH, BSC, ONT and TRON. Next, it will continue to integrate Polkadot, Solana and NEO. The supported The transaction includes 14 DEXs on each chain and the centralized exchange Binance. In the future, Coinbase and the options exchange Deribit will also be integrated.
Image source:
BurgerSwap
（https://burgerswap.orgIn fact, its roadmap has been scheduled to 2023, and the important progress it will achieve in Q1 this year includes continuing to expand the public chain and supported exchanges, as well as issuing governance tokens. Friends who want to play airdrops may wish to experience more. By Q2 and Q3, it will start to aggregate DEX derivatives transactions.
According to DappRadar statistics: As of February 18, OpenOcean’s transaction volume on the platform in the past 7 days exceeded 91 million US dollars, ranking fourth on the aggregator list; in the past 30 days, the total transaction volume of the platform exceeded 244 million US dollars, and the number of transactions was 79,237 Pen.
, Token: ACS)
Bscex SwapX
（https://swapx.bscex.orgACryptoS is positioned on the revenue optimizer Vaults and StableSwap, on which you can easily screen high-yield mining paths. The current platform has integrated Core, Venus, StableSwap, and Pancake four products.
As for StableSwap, similar to Curve, it currently supports the exchange of five tokens: USDT, USDC, DAI, BUSD and QUSD. The current asset reserve of the platform has reached tens of millions of dollars, and the 24H trading volume is 7.5 million dollars.The chains supported by the cross-chain are currently the cross-span of ETH, Binance Chain and BSC, and there are many transaction pairs supported.
epilogue
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, Token: BSCX)
BSCex is also an AMM-based DEX, the difference is that it embeds "
https://Cross Liquidity Layer 2
"Technology to aggregate the liquidity of different AMMs.
