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On September 1, Binance launched Binance Smart Chain (BSC), a new parallel blockchain to Binance Chain that enables the creation of smart contracts and introduces a new staking mechanism for Binance’s BNB token.
The main drive behind the creation of Binance Smart Chain is for Binance to join the DeFi revolution by offering financial protocols as an alternative to the Ethereum blockchain. In light of Ethereum’s inability to accommodate the high amount of transactions that the DeFi boom has brought to the blockchain, both users and DeFi protocol operators are looking for alternative solutions to build on. That’s the void that Binance Smart Chain aims to fill.
Below, you will find a list of the top five, most promising projects on Binance’s new blockchain.
ZeroSwap is a multi-chain, on-chain trading protocol that enables crypto investors to source liquidity from a range of decentralized trading pools to