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Exploring the Binance Smart Chain Ecosystem

Mar 4, 2021 ⋅  13 min read

Binance Smart Chain (BSC) has emerged as a contender for Ethereum's throne to yield farming. High gas prices on Ethereum has made yield farmining prohibitively expensive. Newer and smaller traders are exploring alternative smart contract blockchains for their trading needs. In this report, we take a look at what Binance Smart Chain is, why it has made sense for users and for Binance, the metrics to follow, key resources, and major projects to date.

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Mira was a Senior Research Analyst at Messari. Prior to joining Messari, Mira was a Senior Portfolio Manager for a US$6 billion Asia Pacific equities fund at APG Asset Management. Mira received a BA in Economics and Mathematical Methods in the Social Sciences from Northwestern University.

About the author

Mira was a Senior Research Analyst at Messari. Prior to joining Messari, Mira was a Senior Portfolio Manager for a US$6 billion Asia Pacific equities fund at APG Asset Management. Mira received a BA in Economics and Mathematical Methods in the Social Sciences from Northwestern University.