BSC Tokens Binance Coin (BNB), PancakeSwap (CAKE), and Quilvius (QVIU) To Shake Up the Cryptoverse
The evolution of blockchain technology has provided new opportunities in the cryptocurrency market. However, this development would have been shunted by the limitations of the Ethereum Network’s current configuration. Quilvius news..
Binance Smart Chain has adopted a scalable cross-chain strategy with meager cost and speedy transactions to address this uncertainty and redundancy.
Binance Smart Chain (BSC) is a dual-chain architecture that enables users to build and develop their digital assets and decentralized applications on a single blockchain. The platform also allows users to benefit from the expanding trade to exchange between blockchains. BSC has had tremendous growth in activity and volume since its launch.
Although BSC is similar to Ethereum, they are not the same. While Binance Smart Chain uses delegated proof of stake, Ethereum uses a proof-of-work consensus. As a result, Binance Smart Chain can handle far more transactions per second at a much cheaper cost.
Binance Coin (BNB), PancakeSwap (CAKE), and Quilvius (QVIU) have already hopped on board the Binance Smart Chain network. They have done this to leverage its unrivaled advantages. These projects have taken the cryptoverse by storm, and here’s why.
Binance Coin (BNB)
Binance Coin is the native token of Binance Smart Chain (BEP-20) and Binance Chain (BEP- 2).
Binance was developed as a utility token for discounted trading fees, but since then, its usage has expanded to include payments for transaction fees (on the Binance Chain), entertainment, travel bookings, online services, and financial services.
Each quarter, Binance spends one-fifth of its revenue to repurchase and permanently destroy or “burn” the BNB it has in its treasury. This helps reduce the BNB quantity in circulation and further bolsters the token’s value.
At the time of writing, Binance Coin (BNB) has a market cap of over $38 billion and ranks fifth behind only Bitcoin, Ethereum, USD Tether, and USD Coin.
PancakeSwap is a decentralized exchange (DEX) and one of BSC’s best projects. It leverages automated liquidity funds managed by algorithms. As a result, PancakeSwap is an automated market maker (AMM).
Members can trade digital assets on the platform using the automated market maker scheme instead of a catalog of orders that can match other assets.
PancakeSwap continues to grow as a consequence of the positive response since its introduction on September 20, 2020. It has lately been able to double the volume of transactions in BSC compared to Ethereum, which is thought to be the market leader because of its many activities. The value of CAKE, PancakeSwap’s native cryptocurrency, continued to rise in 2021, reaching a record high of $44.18.
This new cryptocurrency project was designed to unite people (authors, readers, and investors). It was made for those who had previously been kept apart into one large community, like the DeFi of Knowledge.
Community members can earn from creativity, information acquisition, sharing, engagement, storytelling, writing, and more. Additionally, it will enable authors to continue generating a passive income over time while selling as many books, articles, or other works as they currently do. That’s as long as people continue to buy, read, or discuss the book on the Quilvius platform.
Quilvius is on a mission to educate everyone and empower the entire globe. The idea is to make it easier for readers to read books for less money without having to hunt for pirated copies or give up on their education. By eliminating the elitism associated with education and culture, they hope to help traders succeed financially while simultaneously making constructive contributions to society.
QVIU, its native token’s release date is Q3 2022.
Binance Smart Chain (BSC) is an excellent blockchain network with several features that ranks it among the most sought-after blockchain networks. It hosts a spectrum of top-performing projects, including Binance Coin (BNB), PancakeSwap (CAKE), and Quilvius (QVIU).
As books are an essential part of our lives, Quilvius will revolutionize the education sector and decentralize how users share and read books while earning profits for their activities on the platform.
For more information on Quilvius (QVIU), please visit the following links: