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Tuesday, September 15, 2020

DIFFERENT FROM SUSHISWAP, EMERGING BURGERSWAP FROM BINANCE SMART CHAIN


 

    Decentralized Finance (DeFi) room continues to grow rapidly. Unlike Uniswap or SushiSwap, the Binance Smart Chain-based BurgerSwap platform appears.


The platform was initiated by Tony Carson, Dr. mehmet Sabit Kiraz, and Dr. Suleyman Kardas by implementing tokens in the form of ERC-2917 as an alternative and improvisation of the Uniswap governance model.


BurgerSwap and Binance


Currently, $BURGER tokens can already be generated within the protocol, as the platform has more than 12 Million BNB or equivalent to Rp5 billion that can be distaking in its liquidity pools.

It's also what makes BurgerSwap different from Uniswap and SushiSwap. Because BurgerSwap is built on top of the Binance Smart Chain, the platform has a Binance Coin (BNB) pair instead of an Ether (ETH) pair. In addition, at least every asset on the platform must have this BURGER pair to contribute at least 1% of the asset's liquidity. 

The rise of BurgerSwap has caused BNB prices to soar by up to 30% in recent days. Because, users accumulate their value to be part of yield farming in BurgerSwap.



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