As LavaSwap moves to further chain agnosticism, we are excited to announce upcoming support for BSC (Binance Smart Chain)! We will also be allocating a percentage of our token supply to be converted to LAVA BEP-20 token standard using our upcoming cross-chain asset bridge. Exact details and timing will be announced soon.
BSC Momentum Growing
The LAVA team is still excited about HECO and the upcoming ETH 2.0 launch. However, some of the benefits of Binance Smart Chain include a rich and growing digital asset ecosystem powered, cheap transaction fees that reach as low as 1 cent, high performance with a network capable of producing a block every 3 seconds, a supportive Binance ecosystem that funds and bootstraps many DeFi projects, a growing ecosystem of millions of users across Binance.com and PancakeSwap, a network of major crypto projects already collaborating with BSC, and much more.
Lava’s Commitment to Full Cross-chain Decentralization
Lava’s mission is to foster a flourishing cross-chain DeFi ecosystem and increase DeFi interoperability activities.
Amidst the proliferation of blockchain projects, one thing stands out. All blockchains and protocols perform a different set of transactions and handle different amounts of data processing. The rapid development of blockchain is set to give rise to many different kinds of chains and use-cases. One such technology that is becoming increasingly evident is Cross-chain technology.
Big Changes Are Coming for LAVA Soon…
