BNB Chain Cuts Transaction Fees by 50%, Making DeFi More Accessible
BNB Chain Cuts Transaction Fees by 50%, Making DeFi More Accessible
馃挵 BNB Chain Slashes Fees
BNB Chain has reduced transaction costs by 50%, making DeFi activities significantly more affordable for users.
The fee reduction impacts all blockchain activities including:
- Voting on governance proposals
- Token swapping on DEXs like THENA
- General smart contract interactions
Small portfolio holders benefit most from these lower costs, as transaction fees previously represented a larger percentage of their trades.
The network promises additional fee reductions in the future, suggesting a continued focus on accessibility and user adoption.
This development comes as BNB Chain continues expanding its DeFi ecosystem, with platforms like THENA recently achieving nearly $100M in daily trading volume.
Transacting on @BNBCHAIN is now 50% cheaper. That means everything from voting to swapping on THENA is now more affordable than ever. This is especially beneficial for those with smaller portfolios. Expect further reductions in the future.
Today, all BNB Smart Chain (BSC) validators and builders have adopted the new minimum gas price of 0.05 Gwei and BSC is fully ready to accept transactions at this rate. That鈥檚 ~$0.005 per transaction, making BSC one of the most cost-efficient blockchains in crypto. What this
THENA Announces New Season with Major Platform Updates
THENA has launched a **new season** with significant platform changes and updates. The announcement follows their March vision-setting initiative where they asked the community about THENA's future direction over the next 3 years. - Platform appears to be entering a new development phase - Community feedback from earlier this year likely influenced current updates - Focus on reimagining "THE Future" continues with this seasonal refresh The brief announcement suggests **major changes** are coming to the THENA ecosystem as they build toward their long-term vision.
THENA Releases veTHE 101 Guide as New Voters Join Through liveTHE
THENA published a comprehensive guide explaining their **veTHE system** as new voters prepare to join through liveTHE. The guide covers: - **What is veTHE**: Lock THE tokens for up to 2 years to gain voting power - **How to participate**: Lock tokens, vote weekly on liquidity pools, claim rewards - **Earning potential**: Voters receive 90% of trading fees plus 100% of voting incentives - **Automation features**: Powered by Chainlink for auto-extending locks and claiming rewards Key features include: - Voting power grows with lock size and duration - Weekly epochs for directing emission rewards - Secondary markets for trading veTHE positions - Potential extra perks like airdrops and launchpad access The timing coincides with new participants expected to join the ecosystem, making it an opportune moment for education on the platform's core mechanics. [Read the full guide](https://medium.com/@ThenaFi/thena-101-mastering-vethe-dc8754db5e30)
馃殌 Leverage Wars Begin
**Thena Finance** launches perpetual trading for three new tokens with **20x leverage** capability. **New Assets Available:** - $EDEN - $FF - $ORDER The platform promises a **CEX-grade trading experience** with Binance-level asset selection, but operates **fully on-chain**. This follows their recent addition of $ASTER trading. **Key Features:** - Up to 20x leverage trading - Decentralized perpetuals platform - Professional-grade interface Traders can access these new perpetual contracts at [perps.thena.fi](http://perps.thena.fi).
THE1: First Governance Proposal Live for Discussion
THE1, the first governance proposal for Thena, is now open for discussion for 7 days before veTHE holders vote. Key points: - Maximum token supply corrected to 310M (previously stated as 315M) - Efforts underway to fix incorrect data across platforms - Some platforms not recognizing 7.8M burnt tokens, showing inflated supply - Current circulating supply: 46.4M tokens - Approximately 144M tokens locked for veTHE Community members are encouraged to join the debate on Discord and the THE Forum. The team expresses gratitude for ongoing support.