a. Binance Smart Chain Application
“Flexibility and usability are often in an inverse relationship with performance. The concentration on providing a convenient digital asset issuing and trading venue also brings limitations. Binance Chain’s most requested feature is the programmable extendibility, or simply the Smart Contract and Virtual Machine functions. Digital asset issuers and owners struggle to add new decentralized features for their assets or introduce any sort of community governance and activities.” — According to the Whitepaper.
In this case, BSC has come to fruition — it combines the features of both Blockchain DEX and Smart Contract functionality to provide developers with additional programmability and interoperability on the Blockchain.
Binance has been able to build functions like Smart Contracts and Virtual Machines on demand on a regular basis on the existing BC platform. However, doing so not only reduces the efficiency of existing transactional functions, but also “increases the requirement of knowledge for all existing dApp communities”. Therefore, the BSC was created in tandem with BC to support the Smart Contract functionality in the simplest way that is possible for developers to use.
b. The BSC.Farm project
“The Binance Chain community launched BSC in time for the DeFi (decentralized finance) revolution, as the public shows increased interest in alternative financial solutions powered by blockchain. With BSC’s launch, DeFi projects and the bigger blockchain community can leverage the best that Binance Chain has to offer, fortified by smart contract support, cross-chain interoperability, and more advantages that BSC brings. So, the Binance Chain and Smart Chain community welcome all the dApp developers and projects to try on this new arena.”
In fact, nowadays there are a lot of DeFi projects launched on the Binance Smart Chain platform, including some typical names such as Burger Swap, BakerySwap, PancakeSwap, DegenSwap, Alpha Finance Lab, etc. All of the above projects have received really enthusiastic support from the community. However, currently there is no unit has listed and published a list of general and detailed information about DeFi projects on the BSC platform, creating a basis for users to track and make investment decisions, or for research purposes.
Therefore, BSC.Farm was created as a pioneering step, as a leader in listing Yield Farms projects on Binance Smart Chain with the mission of being the most complete, accurate and leading synthesis within DeFi projects. Thus, becoming a place to update news, search for projects, investment opportunities, avoid fake information, scams, and is also the place to facilitate new, potential projects to reach and approach their potential investors. This is an open playground but also extremely selective, the BSC Farm team will always research and survey carefully before listing to bring users the safest and most effective experience.
Along with that, from the practical needs as well as the support and consensus of the users, we are designing and planning to launch the Liquidity Farming program in a collaborative, supportive relationship with a wide range of Yield Farm projects available on the BSC platform, thereby reinforcing, bonding and connecting, bringing those projects closer together, which really creates a consistent ecosystem, promotes the value of dApps on BSC. Information about the cooperation and launch of Farming will be updated by us as soon as possible.
c. Token Information
Token Name: BSC Farm
Token Symbol: BSC
Total Supply: 5,000,000 BSC