.BNBCHAIN provides an optimal environment for DeFi projects. This collaborative report between BinanceResearch & BinanceLabs dives deep into the ecosystem, covering: 🔸 Market overview 🔸 DeFi projects on BNB Chain And more ⬇️
DOWNLOAD THE FULL REPORT HERE
Venus is the leading lending protocol on BNB Chain. Compared to other lending protocols, Venus commands the lion’s share of lending TVL, with approximately 84% market share. Venus is working to launch a Soulbound Token and is exploring isolated lending. pSTAKE launched liquid staking services for BNB chain in August 2022, offering the BNB community an option to unlock liquidity for their staked BNB. The team has been actively partnering with different DeFi protocols to increase use cases of the liquid-staked BNB token and is looking to do even more on this front.
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