BNB Chain to launch native liquid staking

The BNB Chain ecosystem has announced the addition of native liquid staking to the BNB Smart Chain.

The BNB Smart Chain (BSC) team announced that Liquid Staking Integration (LSDFi) is planned for April to early May.

LSDFi will be one of the preparatory steps for the final shutdown of the BNB Beacon Chain in June 2024. By migrating all functionality to his BSC, the network will be optimized, increasing efficiency and reducing security risks.

Users can accumulate LSDFi rewards daily along with their earnings from MEV and participation in other decentralized finance (defi) protocols, and the BNB Chain ecosystem supports validators through triple voting and rewards for Liquid Staking partners. You will be able to expand your base.

“MEV allows validators to extract additional value from block production. Additionally, post-fusion restructuring first triples validators’ voting power and increases their chances of choosing block proposals. It will increase.”

BNB chain team

To standardize the MEV solution, the BNB Chain team introduced proposal BEP-322 to implement a proposer-builder separation (PBS) mechanism in the BSC. A standard constructor API allows you to integrate your validator with multiple tools. This proposal will increase competitiveness and improve the BNB chain’s MEV market.

According to the previously presented roadmap for 2024, the BNB Chain team also concentration On optimizing state and data storage by implementing the PBSS model and EVM 3.0 between node operators and validators.

Developers will also be introducing BNB Greenfield 2.0, which aims to improve network performance, add new features to improve the development experience, and build more specific data storage and usage infrastructure.

Related Article

0 Comments

Leave a Comment