Dear Community,

As Binance Chain continues to build momentum as a leading player in Defi space, the Binance Chain development team keeps building at a breakneck speed. . With many successful projects launched in Binance Smart Chain as a tip of the iceberg, let’s take a look at other exciting highlights that happened in September!

Binance Chain Migration

Binance Chain has been running smoothly for more than one year. Its block height exceeds 120MM with more than 140MM transactions submitted by about 773 thousand addresses. We have a total of 215 BEP2 tokens on Binance Chain now. One of the main mandates for Binance DEX is a transparent listing process. Projects publish their proposals on the community forum, as well as an on-chain proposal transaction. Afterward, the public is able to witness the on-chain voting process from validators. Last month, there were 16 community-submitted listing proposals. With a total of 152 trading pairs on Binance DEX, some of the newly listed tokens and their projects are hosting trading promotions and activities. Binance DEX closes in on 18 million USD trading volume on CoinMarketCap, CoinGecko in July.

Highlights

Binance Launches the Panama Project to Provide Users with One-click, Cross-chain Bridging Services

The Panama Project is launched for the benefit of the Binance Smart Chain community. By mapping different tokens on BSC, we facilitate the cross-chain circulation of different network assets. Panama refers to the bridging services that we will offer. Through these services, users can directly bridge their cross-chain assets from centralized or decentralized wallets to BSC.

Binance Smart Chain Accelerator Fund Launches $10,000,000 Liquidity Support

Binance officially launched the $100 million Binance Smart Chain (BSC) Accelerator Fund. Through this program, we will provide liquidity support for the launch of projects based on the BSC ecosystem and help warm up the market for blockchain protocols in terms of liquidity and locked values.

The $100 million accelerator program for BSC contains the following

• Developer Bounty: The BSC BUIDL Reward Plan.
• Startup seed fund
• Liquidity support
• BSC Foundation

If you have any technical inquiries on project development, please join our Developer Telegram Group or send an email to buidl@binance.org. If you are looking for liquidity support, please send an email to buidl@binance.org.

Open Registration for BUIDL Reward Program

To further encourage the development of the dApp ecosystem on Binance Smart Chain, Binance.com has announced a new Binance Smart Chain BUIDL Reward Program. This reward program is part of the $100 million DeFi accelerator fund: up to $5 million worth of BNB will be paid back to developers in proportion to the gas used for their contracts.

https://bscscan.com/address/0xcad9146102d29175fd7908eb6820a48e4fc78cea#writeProxyContract

So far, there are more than 100 contracts registered. the contract will be recorded for rewards, which will be sent to the registered reward address within 15 days after the calendar month ends.

Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics

Binance Smart Chain has attracted great enthusiasm and trust from the blockchain community since its launch on September 1, 2020. As the initiator and key participant of the developing Binance Smart Chain community, Binance has been enthusiastic in working with all developers, projects, and users in this exciting domain. Binance also recognize that these early adopters and brave pioneers take the risk and push the boundaries of innovation.

BUIDLing

Wallet Development

• Binance Extension Wallet Updates
• Support recover your account with seed phrase
• Display transaction history
• UI Improvements
• Trust Wallet support Pancake swap
• Math Extension Wallet now supports BSC Swap + Farm + Analytics dapps have all listed in MathWallet

Ecosystem Development

• BitQuery add support for Binance Smart Chain:
• BscScan adds tracker for transfer volume

Community

The below initiatives are from the community. As most of them are in the testing/Proof-of-concept stage, please be aware of the risks of funding loss and use your own judgment.

1. Get Started on Binance Smart Chain in 60 Seconds
2. CertiK Introduces Suite of Security Offerings on Binance Smart Chain, with Limited Time Promo for BSC Projects
3. Binance Smart Chain Accelerate Fund Launches
4. BCdiploma on Binance Smart Chain
5. Binance Chain in the media：

• https://www.coindesk.com/binance-smart-chain-cz-defi
• https://cryptoticker.io/en/binance-13th-burn
• https://hackernoon.com/binance-smart-chain-defi-project-jointer-launches-ethereum-cross-pool-liquidity-c0143w6r