Looking back more than half a month ago, the opBNB testnet was launched on June 19th. When the testnet went live, major platforms deployed tests one after another, and MEKE became the first flagship application on its network.
Now, according to official sources, the opBNB mainnet is scheduled to be launched in mid-August 2023, and the mainnet will be open to everyone from the end of August or early September. Since the launch of the opBNB testnet, the BNB Chain community has been continuously advancing this project and nurturing the ecosystem. After 1.5 months, it has finally ushered in this key moment - the launch of the opBNB mainnet.
What is opBNB?
opBNB is a Layer2 on BSC built on OP Stack technology. Similar to Ethereum's Optimism Rollup, opBNB processes transaction data off-chain and then submits it uniformly to Layer1 to improve network performance, ultimately achieving high TPS, low gas fees, and security consistent with Layer1.
The implementation principle of opBNB is to handle some transactions off-chain and then publish transaction data on-chain, thereby compressing on-chain data and improving overall scalability. Compared to other scaling solutions, opBNB demonstrates higher performance and scalability. Its block time is only 1 second, and the gas fee for transfers is as low as $0.005. It can process over 4000 transactions per second (TPS), surpassing existing scaling solutions. Additionally, opBNB maintains compatibility with EVM, meaning existing dApps and smart contracts can be easily migrated to other EVM-compatible chains.
Leveraging the security and flexibility of BSC, opBNB can add custom features and provide more options for decentralized application developers. Combined with BSC's strong products and community, as well as its low cost and high scalability, opBNB is expected to create new development possibilities in the competition between Layer1 and Layer2.
MEKE, a decentralized derivative trading platform deployed on the opBNB testnet
MEKE is a project deployed on the OpBNB testnet and began its first public testing on July 31st, which will end in a very short time. Participating in MEKE's public testing may bring benefits comparable to early participation in dYdX, Optimism, and Arbitrum testing, and should not be missed.
MEKE is a decentralized derivative trading platform developed by a US team since 2021. It can be used to trade perpetual contracts for various mainstream cryptocurrencies such as BTC and ETH, and in the future, it also plans to trade futures for physical assets such as foreign exchange, gold, oil, and US Treasury bonds.
OpBNB mainnet launch, MEKE poised for growth
After the launch of the OpBNB mainnet, MEKE will also migrate to the mainnet. This is undoubtedly an important opportunity for MEKE. Firstly, as a project in the opBNB ecosystem, users will have a better on-chain experience: faster speed and lower fees. Secondly, MEKE can enhance its brand awareness and market influence through cooperation with OpBNB, attracting more users. Lastly, MEKE can expand its business scope and develop more decentralized derivative trading tools and services through cooperation with OpBNB.
In summary, the upcoming launch of the OpBNB mainnet is an important event with significant implications for the entire ecosystem. It is believed that with the joint efforts of the OpBNB team and community, OpBNB will become a high-performance Layer2 solution in the BSC ecosystem, bringing more value and opportunities to investors and the entire ecosystem. Meanwhile, MEKE will also migrate to the mainnet, becoming part of the OpBNB ecosystem and contributing to the development of the entire ecosystem.
Seize the opportunity, time waits for no one
The progress of the first phase of MEKE's public testing is in full swing. According to incomplete statistics, the number of interacting wallet addresses has exceeded tens of thousands. This is not only due to MEKE's market influence but also the rewards it brings to participating users. Like projects such as DYDX, Optimism, and Arbitrum, MEKE also offers rewards such as airdrops and fee dividends to users participating in public testing, with earlier participants receiving more generous rewards. MEKE's platform token issuance is limited, and the platform has designed a unique issuance mechanism, with earlier participants receiving more benefits, which will gradually decrease later. It is worth mentioning that as the underlying blockchain system of MEKE, opBNB has not yet issued tokens. How much benefit will MEKE bring? It is worth looking forward to!
The first phase of MEKE's public testing will end on August 10th. For more information, please long-press to copy and click to jump to:
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