We’ve compiled a list of the most important BNB updates from the previous week for our readers.
1. BNB Chain’s Q2 Report
Intriguing piece by @crypto_shubham and @CryptoAmb on #BNBChain's impressive work throughout Q2.
"The bear market didn’t prevent BNB Chain from implementing core architectural solutions and strategies for expanding its ecosystem."https://t.co/GvOzog6pZb
— BNB Chain 🔶 (@BNBCHAIN) August 5, 2022
- Active Addresses
- DeFi
- NFT
Compared to Q1-2022, the trade volume has dropped by 22%, but the sales count has only reduced by 4%. As the average decrease was 33%, these statistics appear to be highly positive when compared to other chains.
2. Binance Teams Up With Mastercard
📢 #Binance teams up with @Mastercard to launch a new prepaid card in Argentina, bringing #crypto payments into the region 🇦🇷#Argentina is the first country in Latin America to have the product, the card is in beta phase & will be widely available in the coming weeks#BNB $BNB pic.twitter.com/jCybVO93uQ
— BNB Swap (@BNBSwap) August 5, 2022
- +8% cashback in BNB on selected transactions.
- Qualifying refunds from Binance: It will be credited to the funded wallet instantly.
- This card does not charge fees for ATM withdrawals: Users can withdraw up to 45,000 pesos ($339 at the official currency rate) every day and a maximum of 180,000 pesos ($1357) per month.
- Cashback: The cashback alone makes Binance’s card a strong competitor against traditional banks, which often give relatively low cashback percentages (or their equivalent in points) and pay large fees for ATM withdrawals.
3. Decentralized Society on BNB Chain
The first-ever Soulbound Token, Binance Account Bound (BAB), will be built on #BNBChain
The innovation could pave the way for a flourishing Decentralized Society on BNB Chain.
Find out more about the exciting development here ⤵️https://t.co/gS4CmExrOp
— BNB Chain 🔶 (@BNBCHAIN) August 1, 2022
4. The Extention of the Incubation Program Until to August 15th
📢 @BinanceLabs Incubation Program application deadline has been extended to August 15!
The #Binance Labs Incubation Program is a chain-agnostic program that aims to empower innovative projects to shape the future of #Web3
Apply here👇https://t.co/lbMTiCsZFV#BNB $BNB #Crypto pic.twitter.com/l0JPveI88j
— BNB Swap (@BNBSwap) August 2, 2022
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