CTSI is now Integrated with Binance Smart Chain, Enabling Cross-Chain Interoperability for DeFi and other BSC DApps
We are pleased to announce that Binance has now enabled deposits and withdrawals for CTSI on Binance.com as a wrapped BEP-20 token on Binance Smart Chain (BSC). In addition to this, CTSI is now enabled on the Binance Bridge, which provides a safe, fast and secure way to bring cross-chain assets to Binance chains.
Binance Smart Chain is a smart contracts execution platform that is complementary to the Binance Chain. BSC enables developers to build EVM-compatible DApps and digital assets with low fees and high scalability on one blockchain and take advantage of fast transfers on the other.
The option to wrap your CTSI ERC-20 token and withdraw CTSI on BSC as a BEP-20 token adds utility to the CTSI token ecosystem through expanding the available use-cases to include DeFi products and DApps on Binance Smart Chain.
Note: This does not affect the total supply of CTSI as all tokens issued on BSC are wrapped with ERC-20 counterparts.
About Cartesi
Cartesi is taking smart contracts to the next level. It is a chain-agnostic layer-2 infrastructure, solving the pressing problem of scalability on the most important blockchains. Most notably, Cartesi implements a unique Linux-supporting VM, rollups and side-chains to revolutionize the way developers create blockchain applications, allowing them to use mainstream software components.
About Binance Smart Chain
Binance Smart Chain is a sovereign smart contract blockchain delivering Ethereum Virtual Machine (EVM) compatible programmability. Designed to run in parallel with Binance Chain, Binance Smart Chain retains the former’s fast execution times and low transaction fees while adding Smart Contracts functionality to support compatible DApps.
Cartesi’s Ecosystem Links:
Website: https://cartesi.io
Explorer: https://explorer.cartesi.io
Discord (Development Community): https://discordapp.com/invite/Pt2NrnS
Twitter: https://twitter.com/cartesiproject
Telegram: https://t.me/cartesiproject
Telegram Announcements: https://t.me/cartesiannouncements
GitHub: https://github.com/cartesi
