


AnySwap continues to innovate in the De-Fi space, integrating secure, cheap, and simple cross-chain swaps.
AnySwap
Anyswap is a decentralized cross-chain swap protocol that runs on four different networks. Anyswap allows users to effortlessly swap tokens across these networks using its Automated Market Maker (AMM). Anyswap specifically support coins on blockchains that are compatible with ECDSA or EdDSA signature algorithms. This allows users to swap between some of the largest tokens such as BTC, ETH, USDT, XRP, LTC, and FSN.

Key Features
--Seamless & Decentralized Cross-Chain Swaps
--ANY Governance Token
--Liquidity and Swap Incentives
--Low Tx Time & Cheap Fee's
What/Why AnySwap
Anyswap launched on the Fusion blockchain and leverages its Decentralized Control Rights Mechanism (DCRM) to create interoperability. For those who wish to learn more about Fusion Networks' technology, follow the previous link.
This allows Anyswap to integrate itself onto multiple blockchains such as the ETH network and the Binance Smart Chain (BSC). Due to the capabilities of DCRM, Anyswap can offer more secure, cheap, and robust swaps in comparison to many competing cross-chain swap protocols.
Overall, the technology allows Anyswap to create a completely decentralized platform that supports cross-chain swaps and a token bridge.
Tokenomics

Anyswap has a reasonably high inflation schedule (~86,000 ANY daily), making it an inflationary token. This model is pretty standard for most AMM and swap platforms, as they need to incentivize liquidity. Currently, ANY is feeling the effects of an inflationary governance token, as it is around all-time-lows. While this may seem alarming, it is essential to understand that many users are earning ANY at a rapid rate, growing their total allocation of the token.
My typical rule of thumb for inflationary tokens is to earn them through LPing "stable" assets. These tokens carry an extremely high risk as the value is typically derived from the product's direct performance. On top of this there is a constant sell-side pressure from liquidity providers who are realizing their ANY rewards constantly (selling). Overall this is not an alarming outcome for the ANY token, and selling pressure will wane as circulating supply increases.
Anyswap also incorporates its fee structure to incentivize users and fund the future developments of the project. All transactions facilitated through Anyswap incur a 0.4% transaction fee. These feel are allocated to the Liquidity Providers (LP) - 0.3% - and the Anyswap Company (0.1%). This system incentivizes LP providers to provide liquidity to the platform even when block rewards for ANY are reduced.
Liquidity Providing + Rewards
As tabulated above, 85 million ANY is allocated as LP rewards. Currently, the block reward is 8.5 ANY per Fusion block; each Fusion block is ~13 seconds. This emission system will continue for a total of 10 million fusion blocks. Anyswap has allocated the rewards as follows:
- 10 million ANY for "Cross Chain DCRM Node Rewards ".
- 15 million ANY for "Liquidity Rewards".
- 15 million ANY for "Team Rewards"
- 20 million ANY is allocated to the shareholders of Anyswap company.
- 25 million ANY for "Swap and Trading". The "Swap and Trading" funds will be used to motivate swap traders.

For liquidity providers, about 9900 ANY is distributed every 24 hours (about 6600 blocks), which are then distributed to users based on their liquidity allocation. Users with the largest percentage of the liquidity pool will receive the most rewards.
On top of liquidity rewards, Anyswap also offers Swap and Trading rewards. Every 100 blocks 250 ANY are distributed to users who swap. This system accounts for the users' trading volume during the period and distributes the ANY proportionally, prioritizing users who trade more volume.
Finally, node operators also receive ANY rewards on a 24 hours (6600 block) basis. Across all Anyswap Working Node (AWN) runners, 6600 ANY will be allocated to them.
This rewards are crucial to the project as it allows Anyswap to bootstrap liquidity, node operators and even individual users. These tokens will derive value based on the fact that it enables users to participate in the ANY governance.
Governance

ANY is the governance token for Anyswap, and it is issued to users on the Fusion Chain. Users who own this token will be able to vote on a variety of issues regarding the protocol. Anyswap team has announced the following use-cases:
1. Vote for adding supported chains
2. Vote for electing Anyswap working node (AWN)
3. Vote for changing governance rules proposals
Concluding Thoughts
Cross-chain swaps are becoming ever more crucial in the crypto space as there are only an increasing number of chains and tokens that users need to swap. Anyswap allows users to do precisely this, effortlessly. Through leveraging Fusion Networks technology, Anyswap can provide decentralized, secure, and cheap swaps for any user. Anyswap continues to expand its available token bridges, recently on-boarding the Binance Smart Chain.
Overall, Anyswap offers cunning edge technology and gives users a solution to cross-chain transactions. I will note that the Cross-Chain liquidity platforms and AMM's are becoming highly saturated. Only a few of these protocols will dominate a majority of the market share; the unknown question is, which will outperform the others.
It is always important to undergo your research and perform your own due diligence when making financial decisions for those exact reasons.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Radiant’s expansion from Arbitrum to BNB Chain is the first-step in its omnichain DeFi aspirations.
DeFi on Arbitrum, BNB Chain
Aspiring omnichain money market Radiant Capital is now live on BNB Chain.
The expansion by the Arbitrum-native lending platform is another link in the cross-chain Decentralized Finance (DeFi) ecosystem that is emerging on the two Ethereum Virtual Machine (EVM)-compatible networks.
https://t.co/V0nsoQkM04 is live on @BNBCHAIN!
— Radiant Capital (@RDNTCapital) March 27, 2023
Why BNB?
Because the ecosystem is growing at a staggering pace and will onboard the next 100M+ users into Web3.
Let's take a deeper look... pic.twitter.com/kllEegdNh4
As BSC News reported previously, Radiant recently launched its v2 product on Arbitrum. Built on Layer Zero, Radiant intends to allow users to deposit assets from any major blockchain, borrow assets across multiple chains, and withdraw funds to any major blockchain.
According to DefiLlama, Radiant has the second-largest Total Value Locked (TVL) on Arbitrum, with nearly $334 million. That puts it above Uniswap and only behind GMX.
Radiant’s Arbitrum TVL would put it in fourth place on BNB Chain, behind PancakeSwap, Venus and Alpaca Finance.
On launch, Radiant has just over $28 million in TVL on BNB Chain, according to DefiLlama.
In a Twitter thread accompanying the announcement of its expansion, Radiant cited BNB Chain’s growth and overall size in terms of users and TVL.
“In short: @BNBCHAIN is dominating DeFi onboarding[.] And Radiant v2's BNB integration means it's one step closer to the ultimate vision: Become DeFi's premiere, cross-chain lending market,” Radiant tweeted.
Radiant’s announcement comes one day after stableswap Wombat Exchange announced it would be expanding from BNB Chain to Arbitrum on April 5, bringing with it the WOM Wars competition among yield-boosting protocols Wombex Finance, Magpie XYZ and Quoll Finance.
Other DeFi protocols that are live on both BNB Chain and Arbitrum include Uniswap, Trader Joe, ApeSwap, ApolloX and Dopex.
What is Radiant Capital:
Radiant intends to be the first omnichain money market, allowing users to deposit any major asset on any major chain and borrow a variety of supported assets across multiple chains.
Lenders who provide Radiant with liquidity will earn a passive income from their deposit assets. Borrowers can withdraw against collateralized funds to obtain liquidity (working capital) without selling assets or closing positions.
Radiant's cross-chain interoperability is built on Layer Zero, taking advantage of Stargate's stable router interface. Lenders who want to reclaim their collateral can specify which chain to withdraw funds from and what percentage to send to each chain.
Learn more about Radiant Capital:
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This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Chingari Announces Integration with Wormhole for Cross-Chain Expansion to Aptos

The integration will also enable Gari Network with an easy and efficient way to migrate assets from Solana to Aptos, paving the way for a smooth bridging operation.
Chingari Goes Crosschain
Chingari, the on-chain social app, announced its integration with Wormhole to enable cross-chain expansion to the Aptos network.
“This partnership seeks to enable Gari Network with an easy and efficient way to migrate assets from Solana to Aptos, paving way for a smooth bridging operation,” The Gari Network team stated.
Last month, Gari Network announced its plans to go multi-chain, enabling the Chingari app to launch on the Aptos blockchain in the second quarter. But what the recent integration will bring for Gari Network:
Benefits of Wormhole Integration
According to Gari Network, users can access different blockchain networks from a single wallet with the recent integration. By integrating cross-chain interoperability, Chingari looks to expand its user base to the Aptos community and offer more innovative features.
Further, core contributors to Gari Network can use Wormhole to transfer emissions to Aptos' Gari wallet when it becomes available. With the Chingari app, new users can use the Aptos-backed Gari wallet seamlessly without needing to migrate.
Furthermore, the protocol believes that the integration can significantly improve performance by offloading some transactional load to other networks.
Having over 5 million daily active users and 2.2 million GARI wallet holders, Chingari has become an increasingly popular platform for entertainment and social interaction.
Gari Network (GARI) is trading at $0.05153, up 1.07% in 24 hours.
What is Chingari:
Chingari is a video-sharing mobile app. In these videos, users can add visual effects, lip-sync, dance, or voice-over movie scenes and comic dialogues. The Company’s vision is to be the best of its short video-sharing platform for its users. A hot new stage for flaming talent to show the world who you are by capturing flawless videos and sharing them in seconds. Express yourself, Create amazing videos, and connect with the content you love! We are a growing family that values diversity by doing the right thing with precision, pace, and passion for reaching the Fast Moving Needs of Modern Bharat.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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It’s a Date: Ethereum Shapella Unstaking Upgrade Set for April 12

The Shanghai + Capella (Shapella) update to the Ethereum mainnet is the biggest on-chain event of the year, as it allows for the withdrawal of staked $ETH.
Ready for ETH Unstaking?
The biggest on-chain event of the year finally has a firm date. The Shanghai + Capella (Shapella) upgrade to the Ethereum mainnet will take place around 10:30 p.m. UTC on Wed., April 12.
It's happening 🎊
— timbeiko.eth ☀️ (@TimBeiko) March 28, 2023
Shapella is scheduled on mainnet for epoch 194048, scheduled for 22:27:35 UTC on Apr. 12, 2023 📆
Client releases compatible with the upgrade are listed in the announcement below 👇https://t.co/I0hSv9lnjz
Ethereum core developer Tim Beiko said in a Twitter thread that Shapella bug bounties are being doubled until April 5. Additionally he included a link to the Shapella Watch Party on YouTube.
According to an announcement from the Ethereum Foundation Blog, the update’s March rollout to the Goerli testnet has gone smoothly, and developers quickly reached a consensus on the timing of the mainnet upgrade.
“This upgrade follows The Merge and enables validators to withdraw their stake from the Beacon Chain back to the execution layer. It also introduces new functionality to both the execution and consensus layer,” according to the blog.
The immediate knock-on effect of the anticipated Shapella upgrade has been to create new demand for Ether liquid staking projects. The thinking is that the new ability to unstake $ETH will attract more users to stake their $ETH – and, instead of just staking directly, to use a liquid staking protocol that enables them, effectively, to “double-dip” in yield farms and Decentralized Finance (DeFi) platforms.
What is Ethereum:
Ethereum is an open-source, distributed computing platform based on blockchain technology that can execute smart contracts - that is, the terms written in the contract will be executed transparently, automatically when the previous conditions are satisfied, and no one can interfere. At the same time, Ethereum also allows developers to build decentralized applications (DApps) and decentralized autonomous organizations (DAO).
Find more about Ethereum here:
Website | Twitter | Documentation | Whitepaper | Reddit | Discord | Youtube | GitHub | Ethereum Foundation Blog |
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This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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PeckShield said a “public burn bug” was introduced during an update by the official SafeMoon deployer.
More Trouble for SafeMoon
There’s been another incident with the SafeMoon project, which announced that its SFM/BNB Liquidity Pool had been “compromised.” On-chain data indicates the amount drained approached $9 million.
To the @SAFEMOON community: We want to inform you that our LP has been compromised.
— SafeMoon (@safemoon) March 28, 2023
We are taking swift action in an attempt to resolve the issue as soon as possible. Follow here for updates.
Thank you for your support as we work to address this situation.
SafeMoon CEO John Karony tweeted that only the SFM/BNB LP was affected, and the project’s exchange platform is “safe” along with the wallet.
To our valued community,
— John Karony (@CptHodl) March 29, 2023
As you may be aware, on Tuesday 28 March, SafeMoon’s Liquidity Pool was compromised. We have taken swift action to resolve the situation and protect our community. I want to make clear that our DEX is safe. This ultimately affected the SFM:BNB LP pool.…
This isn’t the first time SafeMoon has been in the negative spotlight. In April 2022, YouTuber Coffeezilla published two videos looking into the project’s troubles, some of which predated Karony’s tenure.
In regard to the current incident, blockchain security firm PeckShield tweeted that the code that was exploited – a “public burn bug” – was introduced by the official SafeMoon deployer.
Hi @safemoon The upgrade, with the exploited public burn bug, was initiated by the official SafeMoon: Deployer. (Admin key leak?) And here comes the upgrade tx. https://t.co/ffAhm9qhgG https://t.co/KYEiYxMRII pic.twitter.com/9CQhseircP
— PeckShield Inc. (@peckshield) March 28, 2023
“The upgrade, with the exploited public burn bug, was initiated by the official SafeMoon: Deployer. (Admin key leak?),” PeckShield said.
Data from BscScan indicates that the exploiter’s wallet transferred the funds to a second wallet, which sent a message to the SafeMoon deployer, saying “Hey relax, we are accidently frontrun an attack against you, we would like to return the fund, setup secure communication channel , lets talk”.
#PeckShieldAlert Safemoon exploiter: Hey relax, we are accidently frontrun an attack against you, we would like to return the fund, setup secure communication channel , lets talkhttps://t.co/ylHpIiFmrl
— PeckShieldAlert (@PeckShieldAlert) March 29, 2023
And the exploiter has transferred 4k $BNB to 0x237d5https://t.co/45wnrxzixa pic.twitter.com/BMxHOBvbjF
Upon news breaking about the incident, the SFM token’s value dropped by about 30%, according to CoinGecko, though it has since regained some of that loss.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Pi Network Introduces Ambassador Program to Onboard Local Businesses to the Pi Ecosystem
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Pi Network created the local business ambassador program to onboard Pioneers who can convince users to integrate Pi payments into their businesses.
Become a Local Business Ambassador on Pi Network
Becoming a local business ambassador is the second ecosystem program unveiled by Pi Network on Pi Day 2023. Like the ecosystem ambassador program, Pioneers can contribute to the network’s development.
The local business ambassador program is for stores, shops, and small businesses that accept Pi payments. Already, numerous stores have started receiving Pi payments for goods and services, and Pi Network has recognized its importance in contributing to a solid infrastructure in the Decentralized Finance (DeFi) space.
“Local businesses are an important component to the Pi ecosystem and will make great contributions to building substance and utilities for the network,” Pi Network’s announcement read. “Local businesses are also where the grassroots power of the Pi community can be unleashed to have great potential and impact—something rarely seen in other networks.”
Pi Network created the program to onboard Pioneers, contributing to Pi’s development by bringing local businesses into the Pi ecosystem through Pi payment integration. However, while it promotes the network’s awareness, there may be some challenges.
To solve these challenges, such as location, accountability, and many more, Pi Network opened community proposals for Pioneers to submit their ideas on encouraging users to integrate Pi payments into their local businesses.
“If you are knowledgeable about local businesses or enthusiastic about this direction of ecosystem building, submit your ideas via the Pi support portal. Stay tuned for more updates on this program,” Pi Network wrote.
Open the Pi Day announcement HERE to submit your ideas about the initiative.
What is Pi Network:
Pi Network is a novel cryptocurrency and developer platform allowing mobile users to mine Pi coins without draining the battery. Pi’s blockchain secures economic transactions via a mobile meritocracy system and a full Web 3.0 experience where community developers can build decentralized applications (Dapps) for millions of users.
Where to find Pi Network:
Website | Twitter | LinkedIn | Facebook | Instagram |
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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