Binance Smart Chain (BSC) toolkit

By Pasucaru | pass fire | 19 Feb 2021


Waiting the rise of DeFi 2.0, with layer 2, to avoid gas fees ATH on ETH-ERC20 blockchain, today (february 2021) it's Binance Smart Chain (BSC-BEP20) which have the cheapest gas fees. The Total Value Lock (TVL) is increasing everyday  : to compare last 30 days DeFi is more than US$41.55 Billion (Maker, Aave, Compound , etc ... ) from DeFiPulse and BSC is US$ 8.38, sorry after writing this post is US$8.63 Billion (Venus, Pancake, Autofarm, etc...) from DeFiStation.

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If the BitcoinCash is the Bitcoin of people, BSC is the (pseudo) DeFi of people thus lots of projects appear (and disappear) in the Binance ecosytem,  so how to trust a BSC projects  ?

Here are some tools (not exhaustive) :

- to find any BSC projects ( and other blockchain : ETH, TRON, MATIC, FLOW, etc ...) : https://dappradar.com/

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- to check only BSC projects audited or not (same than DefiPulse) : https://www.defistation.io/

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- to consult only audited BSC projects and to read the report : https://defiyield.info/audits

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In your wallet if you don't know which tokens or pair you want to use to stack or farm, you can have some idea with BSC dapps like Beefy.finance to choice the platform (project), vault type (single assets , stable LPs, or stables) and asset . In this way you can find BSC dapps which match to your needs like Pancakeswap (look like Uniswap) or other you checked before. 

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In your wallet if you don't know which tokens or pair you want to use to stack or farm, you can have some idea with BSC dapps like Beefy.finance to choice the platform (project), vault type (single assets , stable LPs, or stables) and asset . In this way you can find BSC dapps which match to your needs like Pancakeswap (look like Uniswap) or other you checked before. 

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More news and information in Telegram groups such as /t.me/bscprice and of course the BSC explorer : https://bscscan.com

 

 

 

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Pasucaru
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pass fire

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