Expand Dogelon Mars on BNB Smart Chain
Activity on BNB Smart Chain (BSC) is booming. Developed by Binance, the blockchain network has seen an explosive increase in daily active users, TVL, and DEX volume during this bull cycle. BSC now has almost half a billion unique addresses. This is just the beginning. As a cryptocurrency already on BSC, Dogelon Mars stands to benefit from expanding its ecosystem on BSC.
Why Double Down on BSC?
- First, Wall Street is coming to BSC. Companies like Ondo Finance are using BSC to bridge traditional finance to crypto, injecting liquidity from hundreds of US equities, ETFs, and other funds into the crypto market. Binance has also launched Binance Treasury, a planned publicly traded company aiming to onboard traditional companies to crypto using BNB, the cryptocurrency which powers BSC. Big players are making bets on BSC. Dogelon Mars should too.
- Binance is the world’s #1 CEX. In 2024, the exchange accounted for about 40% of global spot trading volume. Expanding Dogelon Mars on BSC would raise our profile in the BSC ecosystem. Who knows, it may catch Binance’s attention and raise our chances of getting listed.
- BSC offers developers money to build on the network. The Dogelon Devs could invest this money in community engagement and growth of $ELON.
- There is not much liquidity on BSC for $ELON, making it difficult to buy and sell $ELON on the network. Expanding liquidity on BSC would help out $ELON holders on BSC and attract new holders on the network.
So What Should We Do?
Three things:
- Provide additional liquidity (in addition to existing liquidity) on leading BSC DEXs, like PancakeSwap.
- Launch BSC-specific staking and yield farming programs to encourage trading $ELON.
- Collaborate with BNB Chain and their native protocols on co-branding events to increase visibility.
As part of these initiatives, the Devs should also engage in social media campaigns to market $ELON in the broader BSC ecosystem.
Let’s tell Binance we’re going to the Mars!