BNB Chain Weekly Recap | Aug 16th – Aug 23th, 2022.

This BNB chain Weekly is provided solely for informational purposes and does not constitute investment advice.

NETWORK GROWTH

Total Value Lock

The total value locked on the BNB chain has increased over the past week. The TVL of the current ecosystem is around $5.43 billion. (-4.57%)

HIGHLIGHT EVENTS

Binance Gets Preliminary License to Operate in Kazakhstan

Kazakhstan’s Astana Financial Services Authority (AFSA) has given the preliminary approval of Binance to operate as a Digital Asset Exchange Facility operator and a Custody Provider in the Financial Center Astana International (AIFC).

More information: CLICK HERE

BNB Chain Launches Web3 Stars Accelerator Exclusively for Vietnam

BNB Chain, the smart contract blockchain platform developed by cryptocurrency exchange Binance, announced it would launch its first BNB Chain Web3 Stars Accelerator program in Vietnam. 

More information: CLICK HERE

DEFI LEGO

Yield Farming

Drip Protocol

The Animal Farm v2 offers more ways to earn dividends with $DOGS and $PIGS and reduces tax based on user loyalty.

More information: CLICK HERE

NFT/GAMING

Ziggyverse

Ziggyverse will make 4,000 Genesis Ziggy NFTs available for whitelisting and public minting on Aug. 30 and 31 in Rareboard.

More information: CLICK HERE

VERDICT

Over the past week, the on-chain indicators haven’t changed much. We are still seeing new developments in projects through the launch of many new features and products.

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

Find more information about the BNB chain

Website: https://www.binance.com/en

Whitepaper: https://www.binance.org/#smartChain

Twitter: https://twitter.com/binance

Telegram: https://www.binance.com/en/community

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Marcus

Coincu Ventures

Victor

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