In December 2020, we launched BSCex Ecosystem, a decentralized non-custodial cryptocurrency exchange-centered ecosystem that runs on Binance Smart Chain (BSC). We have released many products such as SwapX, LaunchPoolX and LaunchPadX. Our mission is to make Binance’s off-chain services available on the blockchain, develop multi-chain applications and promote features of decentralized finance that let users gain economic benefits.
As BSCex continued to grow and partner with many crypto startups and projects, we have undergone a rebrand to LaunchZone, which aims to focus not only on providing users a seamless crypto experience, but also on assisting crypto startups with fundraising and software development until they are robust enough to launch successfully on their own.
Recently, LaunchZone has completed its acquisition of The Sowing Network, BSC Army and ezDeFi. This combination makes LaunchZone stronger to better serve the community and compete more effectively in the DeFi space.
The native governance and utility token of the newly integrated LaunchZone Ecosystem is $LZ. We promise to support a sustainable growth and mitigate inflation by completing the manual burns of $LZ on a regular basis.
$LZP is the freshly introduced token, which has the inflationary tokenomics and comes together with a whole new staking and farming system.
The token merge is expected to be finished in July 2021, together with the website migration from https://launchzone.org to https://lz.finance. Users will manually swap BSCX, BARMY, oldZD and newZD are for LZ, zSEED, ZDCASH, iBARMY for LZP to preserve their economic interests, which is the main part of the token merge event.
It’s simple! The high demand for the DeFi services on the Ethereum network creates massive demand for the network. This massive demand eventually translates into very high transaction fees, which makes Ethereum an unusable platform for typical day-to-day transactions. Furthermore, Ethereum is only capable of processing 25-30 transactions per second. This is not fast enough to handle periods of high volume. Ethereum transactions may take much longer than expected because miners have an incentive to include transactions with higher fees first. This makes it incredibly hard to create a scalable product that can be used by millions of users on the Ethereum platform.
BSC has much better speed and lower transaction fees than the Ethereum network. With the support of the world’s biggest crypto exchange, Binance, and its CEO, Changpeng Zhao (aka CZ), BSC is gaining a competitive advantage and liquidity. In the foreseeable future, BSC will become one of the most popular blockchains in the decentralized economy.
Other networks are also proving their strong suits, for example Polygon, Kucoin Chain, Hecochain and Avalanche. LaunchZone sees the exponential increase in users' cross-chain demand and respond effectively. With a solid groundwork on the BSC, we are preparing to expand our services to other network flawlessly and become the leading multi-chain service provider in the whole DeFi space.
Bridge & Farming