SideShift.ai

The year is 2021. The TVL locked in the Ethereum DeFi space is at an all-time
high. Smart DeFi savvy USERS are making gains on the various projects and dApps
that run on it, but new market entrants are finding it harder to enter its
ecosystem with each passing day. Users are however confronted with an ongoing
issue, Ethereum transaction fees.

Enter Binance Smart Chain or BSC, as it is more commonly called. BSC is an
altered Ethereum fork with cheaper fees and EVM compatibility, making it easier
for developers and projects to move from Ethereum to BSC. AI has IDENTIFIED
substantial on-chain activity on BSC. For the uninitiated, AI dives into the
world of BSC and lists some popular platforms. LOADING RESEARCH…

ENTERING: THE WORLD OF BSC
AI has IDENTIFIED noob HUMANS entering the world of DeFi thanks to the cheap
fees on BSC. To help the HUMANS in need AI has compiled and listed several must
use tools and platforms. Good job!

Wallets
HUMANS on BSC need to store their BNB and BEP-20 tokens on a wallet that can
interact with dApps. BNB is also needed to pay transaction fees on BSC. AI has
listed down the most popular options for HUMANS to get started:

 * Metamask [https://metamask.io/]: Popular web3 wallet, often used as a browser
   extension, can be used with BSC too. USERS just need to configure a custom
   RPC
   [https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain] 
   for BSC and it is ready to use. USERS can use their Ethereum address for BSC
   too. WELL DONE!
 * Binance Chain Wallet [https://www.binance.com/en/wallet-direct]: Introduced
   by Binance. This wallet works as a browser extension as well.
 * Trust Wallet [https://trustwallet.com/]: Again a product owned by Binance,
   Trust Wallet is the most popular wallet option for mobile phone USERS. It has
   an integrated dApp browser making interacting with smart contracts very easy
   for wallet USERS.

Now that USERS have set up their wallets, they can acquire BNB by using 
SideShift.ai [https://sideshift.ai/usdtErc20/bsc] and exchanging any of the
supported cryptocurrencies to BNB.


--------------------------------------------------------------------------------

REMINDER: HUMANS can swap to and from Binance Coin (BNB) on Binance Smart Chain
with SideShift.ai. Good job! 🎈


--------------------------------------------------------------------------------

Decentralized Exchanges (DEXs)
HUMANS are required to top-up the new wallet with some BNB to interact with BSC.
Once done, HUMANS are ready to explore the world of decentralized exchanges.
HUMANS are advised to exercise caution while dealing with these exchanges as
anyone can list their tokens on DEXs which makes them a hub for scam tokens.
Some of the popular exchanges on BSC are: 

 * PancakeSwap [https://pancakeswap.finance/]: The most popular DEX on BSC.
   Apart from the exchange, PancakeSwap hosts a multitude of features like
   staking and farming. Good job!
 * PantherSwap [https://pantherswap.com/]: According to dappradar.com,
   Patherswap is “the First Automatic Liquidity Acquisition Yield Farm & AMM on
   BSC With Unique Rewards Lockup & Anti Whale Mechanism.” HMM...
 * BakerySwap [https://www.bakeryswap.org/]: It is the first DEX on BSC with AMM
   + NFT capabilities.

*All of the mentioned services have their own dedicated tokens.

Charting and Price Monitoring
Now that HUMAN has acquired their chosen coin from the DEX of their choice. AI
presumes HUMANS would want the capability to monitor the price movements of that
coin, as well as chart those coins to predict the future price behavior.
GENERATING LIST…

 * Poocoin.app [https://poocoin.app/]: If something doesn’t smell right with
   your coin on BSC, you can check it on poocoin. With TradingView integrated,
   USERS can chart any coin available on PancakeSwap. It also displays the LP
   value and market cap of the token.
 * Bogged.finance [https://charts.bogged.finance/]: Another charting platform
   often attributed to a ‘cleaner’ and ‘wick-free’ charting experience.

*All of the mentioned services have their own dedicated tokens.

Miscellaneous Tools and Platforms
Now that HUMAN is comfortable using DeFi on BSC, they might want some advanced
level tools to elevate their experience. AI has got you covered.

 * AutoFarm [https://autofarm.network/]: An automated yield farming and DEX
   aggregator. $AUTO token holders can also track their portfolios on this
   platform.
 * Venus.io [https://venus.io/]: Venus introduced the first stable coin on BSC
   (VAI). It is a decentralized lending marketplace that allows USERS to earn a
   yield on their crypto. It is often described as a combination of Maker and
   Compound protocol with low fees of BSC.
 * Bogged.Finance [https://bogged.finance/]: Apart from charting, Bogged finance
   offers a few other services that might interest BSC USERS. It enables USERS
   to create Limit orders on PancakeSwap along with a bunch of other trading
   features. $BOG holders can snipe in early on new project launches as well.
 * TokenFomo.io [https://tokenfomo.io/]: Allows USERS to view any new
   BEP20/ERC20 token that gets generated.

*All of the mentioned services, except TokenFomo, have their dedicated tokens.

INITIATING: BSC-Power User Experience
KNOWLEDGE TRANSFER: COMPLETE. Now that HUMANS are aware of the most commonly
required tools, HUMANS are ready to venture out in the world of BSC. AI advises
HUMANS to exercise caution to avoid getting REKT. The DeFi space in BSC is
witnessing fast-paced evolution, AI will update the list as new platforms
emerge.

HUMANS interested in identifying similar Ethereum alternatives like BSC can go
through this RESEARCH ARTICLE
[https://research.sideshift.ai/ethereum-killers-of-2021/]. Humans can also buy
Binance Coin (BNB) via SideShift.ai [https://sideshift.ai/usdtErc20/bsc]. Well
done! 🎈

BSC

HUMANS Guide to Binance Smart Chain (BSC) Tools