Recapping the Week in DeFi

As the DeFi and crypto space continues to evolve at a rapid pace, it's essential to stay informed about the latest developments and trends. Our weekly recap provides you with a concise yet comprehensive overview of the most significant news and trends in the DeFi and crypto space, helping you stay informed and up-to-date with the latest happenings.

BSC Validators Vote to Slash Gas Fees by 40% on BNB Chain Transactions

Exciting news for the BNB Chain community! BSC validators have voted to reduce gas fees on BNB Chain by 40%, approving a proposal that highlights the growing competition from low-cost Ethereum layer-2 networks. 

Learn more about the decision in this article. 

Binance Labs Announces 12 Finalists for MVB Program

Binance Labs, the venture capital and accelerator arm of Binance, has unveiled the 12 finalists for the Season 6 of its Most Valuable Builder (MVB) Program. The decision followed an extremely selective screening process of over 1,500 initial applications. 

Find more information in this article.

Sui Network to Launch Mainnet on May 3: What’s With All the Hype

Sui Network has officially announced the public launch of its mainnet on May 3. The team, however, chose the community access for the 594 million $SUI tokens plan instead of releasing a public airdrop for early adopters.

Learn what’s with all the hype in this article.

Group B Contestants Set for April 21 Showdown in Battle of the Dapps

The Lend Finance-sponsored Battle of the Dapps continued on Friday, April 21 with the Group B contest which saw Play-to-Earn gaming platform SpaceCatch become the second project to join Zebec Protocol in the Grande Final slated for May 5. 

Catch up with the Group B build-up here.

1inch Network Deploys on zkSync Era

Leading decentralized finance (DeFi) platform 1inch Network, has deployed its aggregation and limit order protocols on Ethereum Layer-2 scaling solution zkSync Era. This integration will provide greater transparency for DeFi users, alongside quicker trade execution at more favorable rates, while reducing transaction slippage.

Get all the details in this article.