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23 June 2021

BSC Is on Fire: Projects Migrate to a New Ecosystem

BSC Is on Fire: Projects Migrate to a New Ecosystem

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We have to give kudos to the team for making the Binance Smart Chain compatible with the Ethereum Virtual Machine (EVM).

Otherwise, projects wouldn’t be able to migrate their Ethereum DApps on the Binance Smart Chain with minimal configuration and avoid ETH’s high transaction fees.

It is worth mentioning that until recently, DeFi projects were not so popular in Asia, but with the introduction of Binance Smart Chain’s DeFi ecosystem, everything changed.

For years, it has been a popular platform for traders to buy newly-listed Ethereum projects using the Metamask wallet.

Howbeit, IDEX is not satisfied with the fact that it is losing market share.

The final project would be Nimbus, a DAO-governed platform that offers you 16 earning strategies based on clear revenue-generating processes: IPO participation, peer-to-peer lending, startup financing, and more.

Eventually, it will also help Nimbus tokens to get listed on Binance and enhance the growth of the Nimbus community in China.” It is crucial that the team has a clear goal and a great attitude.

It is worth noting that the Nimbus platform already boasts 50,000 active users.

For those interested in the project, keep in mind that the Nimbus platform offers 16 earning strategies for users boosted by multiple layers of risk management

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