Top binance smart chain dApps and why they are popular are the common questions many investors ask when participating in the virtual currency application market. Learn the secret to the success of the top 3 most famous apps globally
PancakeSwap is a decentralized exchange developed on the Binance Smart Chain platform. This type of Blockchain can support smart contracts and Binance Chain to create a platform that promotes DApps without permission.
Besides major exchanges such as Kucoin, Binance, Huobi, etc., PancakeSwap was born later, so it has absorbed and promoted the strengths and overcome the limitations of the above exchanges.
Pancakeswap exchange uses Token Cake to run its platform and generates its Coin or Token to prioritize transactions. Transaction fees on the Pancake Swap exchange range from 0.17 to 0.2% for certain transactions.
Pancakeswap floor was born in September 2020. After only a short time, Pancakeswap has operated very well and always holds the TOP 3 DEX position in terms of trading volume in the market.
Pancake’s success comes from its operating mechanism. People deposit money into liquidity pools and get back LP (liquidity supply) tokens. They are also paid a fee for lending the property. On the other hand, anyone who wants to use this liquidity will have to pay a fee to the Defi platform. The proceeds will then be distributed to those who have contributed to the group. In addition to the liquidity pool, a nominal amount is kept in the PancakeSwap treasury to maintain the platform.
X World Games is a decentralized gaming ecosystem built on Binance Smart Chain and Ethereum. The first game to launch on the platform is Dream Card, and Dream Cards are digital, collectible characters built on the Ethereum blockchain and the Binance Smart Chain. They can be bought and sold using XWG tokens and bred to create new characters with different attractive traits and cuteness that are powerful to fight and trade.
In the Dream Card Game, 40 base game cards are initially issued on the blockchain as NFTs. Once the player owns enough basic cards and tools, they can create character cards.
X games are well received for their platform flexibility, such as:
MOBOX is a game platform that combines Defi yield farming and GameFi NFT (MOMO), creating a free-to-play and play-to-earn ecosystem. The MOBOX team comprises members with more than ten years of experience developing and operating social gaming platforms.
MOBOX’s GameFi infrastructure is built on top of the growing Defi ecosystem and incorporates gaming through unique NFTs. The platform is designed to find compelling yield strategies and generate unique NFTs that can be used across many MOBOX games. Currently, the project has launched the NFT Game (Token Master), then the RPG Game (MOMO Blockchain Brawler).
The platform has integrated NFTs from other projects (e.g.,
The secret to Mobox’s success is building a solid community with suitable policies. 80% of all platform-wide profits are funded to be deployed to a buyback and burn program, reducing MBOX’s maximum token supply over time.
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