This week: Binance Academy partners with Coursera, Pendle expands to BNB Chain, BabyDoge expands multi-chain Token Locker, BNB Chain Gas Grant Program, and more BNB ecosystem updates.

KEY TAKEAWAYS 

  • Binance Academy Partners with Coursera: Spreading Blockchain Education for a Web3-Powered Future
  • Pendle Expands to BNB Chain to Unlock Liquidity and Yield Opportunities
  • BNB Chain Gas Grant Program: Incentivizing Innovation and Gas Fee Rewards
  • BabyDoge Expands Multi-Chain Token Locker, Polygon and Ethereum Included
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ECOSYSTEM UPDATES

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Binance Academy Partners with Coursera: Spreading Blockchain Education for a Web3-Powered Future

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Binance Academy partners with Coursera to spread blockchain education globally, aiming to empower individuals with knowledge, foster innovation, and enhance financial inclusion. 

The programs on Coursera cover various blockchain topics, catering to beginners and professionals alike. By closing the skills gap, blockchain technology can transform industries and boost security. The partnership aims to provide best-in-class education, driving adoption and building the foundations for Web3. Binance Academy’s collaboration with Coursera enables worldwide access to high-quality educational programs, unlocking blockchain’s potential for all.

Pendle Expands to BNB Chain to Unlock Liquidity and Yield Opportunities

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Pendle is expanding its reach to the BNB Chain network. With a focus on attracting new users and generating revenues, Pendle taps into the growing market for liquid staking derivatives (LSD). 

Pendle can be seen as a leading Ethereum and Arbitrum-based platform by offering tradable digital tokens, providing users with lucrative yield opportunities, and achieving up to 82% annualized yields on ETH and its derivatives. Going beyond yield generation, Pendle aims to establish a strong liquidity foundation for LSD, enabling other protocols to build upon it. Despite market conditions, Pendle has experienced exceptional growth, with TVL surging by nearly 300% in 2023.

BNB Chain Gas Grant Program: Incentivizing Innovation and Gas Fee Rewards

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The BNB Chain introduces its upgraded Gas Grant Program, aiming to incentivize innovation for the selected projects for July.

Enrolled projects will receive gas rewards based on their monthly gas fee volume. With a total pool of USD 200,000 worth of BNB tokens per month, grants are calculated proportionally to each project’s gas consumption. Eligible projects must have launched within the past 3 months and meet certain user activity criteria. Non-qualifying projects can request a trial enrollment. The program allows participation for up to 3 months, with reassessment after each period. 

BabyDoge Expands Multi-Chain Token Locker, Polygon and Ethereum Included

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BabyDoge launches its multi-chain token locker, now supporting Polygon and Ethereum in addition to BNB Chain. 

This expansion aims to drive increased adoption in the DeFi industry. BabyDoge’s secure token-locking solution allows protocols across multiple chains to safeguard their assets. With TVL on Ethereum already surpassing $800K, the project demonstrates strong growth and broader adoption. By leveraging the capabilities of Polygon and Ethereum, BabyDoge aims to tap into diverse user bases and thriving DeFi communities. 

As it expands across different blockchains, BabyDoge becomes a significant player in the evolving DeFi industry, offering more options and opportunities to users.

Additional Notable Events

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