TechFlow News — Cross-chain liquidity protocol Symbiosis has released [SIP-2] proposal, suggesting the use of Symbiosis protocol functionality to transfer SIS tokens from Ethereum to the BNB Chain, deploy a new SIS/BNB liquidity pool on BNB Chain, and implement veSIS logic on the BNB Chain. The proposal is currently under voting, ending on February 10 at 7:00 AM.
Notably, Symbiosis belongs to the Binance ecosystem. Symbiosis v2 has been deployed on the BNB L2 governance network, and moving SIS into the BNB Chain will make the entire system smoother, more secure, and efficient. Earlier reports indicated that Binance Labs announced a strategic investment in the multi-chain liquidity protocol Symbiosis Finance.Source link
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