Total Value Locked in Binance Smart Chain (BSC) Surpasses $15 Billion; Brave Joins in with

CRYPTONAIRE LYWEEK

CRYPTO investment journal

Total Value Locked in Binance Smart Chain (BSC) Surpasses $15 Billion; Brave Joins in with Wrapped BAT

Basic Attention Token (BAT), the native token to the privacy-focused browser Brave, has joined Binance Smart Chain and will be available on BSC as wrapped 34BAT, announced the team on Monday.

“Our hope is that BAT and Brave will take crypto mainstream and to make DeFi user-friendly for the mass market,” said Brendan Eich, CEO, and co-founder of Brave.

Brave browser has more than 25 million monthly active users (MAU) and over 9 million daily active users (DAU).

With this integration, BAT holders can now participate in BSC-based projects like DEX PancakeSwap and lending project Venus among many others. Xiaoguang Zhang, Binance Smart Chain Ecosystem Coordinator said,

“With this strategic integration … we will introduce seamless UX together for crypto users to access DeFi and Dapps in BSC and other blockchains, which will dramatically inspire mass adoption and inclusive finance.“

Currently, the browser supports both Ethereum and BSC through a configuration change in the wallet, but Brave is planning to preconfigure support for BSC later this year, allowing users to access the blockchain without the hassle of creating new wallets or downloading additional apps. Read more...

CRYPTONAIRE LYWEEK

CRYPTO investment journal