Euler Said ‘Yes!’: BNB Chain Courts Ethereum Lending Protocol
The Euler community has responded positively to a proposal to expand the Ethereum-based lending protocol to BNB Chain. Even CZ is paying attention!
DAO Proposal Catches CZ’s Attention
The Euler community has accepted a proposal from the BNB Chain Foundation to expand the Ethereum-based lending platform to BNB Chain.
The community vote, which went 83% in favor of the expansion, even drew the notice of Binance CEO Changpeng Zhao (CZ), who tweeted a link to the proposal without further comment.
The proposal by AdamBNB on behalf of the BNB Chain Foundation outlines various benefits of the blockchain, such as its numerous Decentralized Finance (DeFi) protocols and vibrant retail community.
“For our chain, the benefit of bringing in Euler is clear. Being able to offer our users one of the lending projects that has not only been consistently delivering in recent months but has also managed to solve various inefficiencies in the lending market ... ” according to the proposal “... BNB users would greatly benefit from Euler. The landing of a new player of Euler’s level would also encourage competition in the ecosystem, which will bring us one step closer to the path of efficiency and increased security.
Euler’s Total Value Locked on Ethereum of $516 million would make it the third-largest DeFi protocol on BNB Chain, behind only BNB Chain native lending platform Venus Protocol and Decentralized Exchange (DEX) PancakeSwap.
Check out our earlier BSC News interview with Euler Labs COO Brandon Neal.
What is BNB Chain:
Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
Find more about BNB Chain here:
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This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Raffle Coin (RAFF) Presale, Tipped for 100X, Draws OKB (OKB) and Cronos (CRO) Investors to Its Raffle Platform
Offering transparent governance and promising a 100X return opportunity, analysts anticipate Raffle Coin's potential to become a "blue-chip" cryptocurrency.
The spotlight this time goes to Raffle Coin (RAFF) in the dynamic cryptocurrency market for being an upcoming decentralized raffle platform that looks set on a path of exponential growth. Raffle Coin (RAFF) is one of those projects where its presale has been noticed by not only individual investors but also established projects like OKB (OKB) and Cronos (CRO) amid whispers of a possible 100X opportunity.
Let's dive further to understand what makes Raffle Coin (RAFF) an interesting contender in decentralized finance (DeFi).
OKB (OKB): Navigating Low Volatility in the Crypto Market
OKB (OKB) is comparatively one of the calmer ones, showing its latest 3.47% rise to $59.64 compared with its peers. OKB (OKB) receives a Volatility Rank of 24 from InvestorsObserver, which, paired with its counterparts, leaves it in room for the bottom 24% of cryptos. This translates to less consistent, narrower price swings and Trading near resistance levels; OKB (OKB) faces potential selling pressures ahead despite its stable performance.
Cronos (CRO): Paving the Way for DeFi Adoption
Cronos (CRO) is one of the blockchain platforms emerging as a trend with the easing of the DeFi applications. Currently trading at $0.1454, with a year that has seen spectacular rises and positive momentum from the previous 7 Days, Cronos (CRO) is high on interest as a token, seeing significant adoption and volume on sites like KuCoin.
Raffle Coin (RAFF): A Decentralized Raffle Revolution
Raffle Coin (RAFF) has been the talk of excitement in the crypto space, with the presale being said to present one of the best opportunities for a 100X return. Designed to suit individual and institutional investors alike—including, but not limited to, OKB (OKB) and Cronos (CRO)—Raffle Coin (RAFF) offers leading and decentralized governance in its entirety with a completely clear reward structure.
At just $0.020 per token, there is no doubt that, in the presale stage, Raffle Coin (RAFF) will be luring investors for huge returns as it snowballs. Analysts and enthusiasts alike are waiting for Raffle Coin (RAFF) to become a "blue-chip" cryptocurrency, considering the strategic partnerships and features developed to be user-centric.
Conclusion
The high return presale of Raffle Coin (RAFF) is calling the attention of investors in the crypto space. With an innovative model, strategic partnerships and a fast-growing community, Raffle Coin (RAFF) is poised to carve its name in DeFi history. In this respect, from the unfolding of the project, it is clear that Raffle Coin (RAFF) is more than a cryptocurrency but a change engine for the decentralized platforms and the raffle world.
Find out more about the Raffle Coin (RAFF) presale by visiting the website here.
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $300. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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