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On September 1, 2024, we celebrated BNB Chain’s 4th anniversary with “BNB Day,” a moment to reflect on our incredible journey together and look ahead to the future. Over the past four years, BNB Chain has focused on empowering developers, supporting startups, and working towards our bold mission of onboarding the next billion users to Web3.
One BNB Strategy: Uniting Our Ecosystem
This year, we launched the “One BNB” strategy, an initiative that integrates BNB Smart Chain (BSC), opBNB, and Greenfield into a unified multichain ecosystem. By bringing together decentralized computing, storage, and scalability, One BNB allows developers to build advanced, fully on-chain applications in areas like DeFi, gaming, AI, and beyond.
With One BNB, we’re unlocking new possibilities for developers to create applications that are faster, more scalable, and more secure.
BNB Chain Supporting Developers and Startups
Our vision is to support and empower developers and startups to achieve real business success and cross the chasm. That’s why we’ve expanded key programs like MVB (Most Valuable Builder), BNB Incubation Alliance (BIA), and various grant initiatives. These programs provide essential resources, mentorship, and funding for early-stage projects.
In 2024 alone, we’ve allocated over US$7 million to support more projects building on BNB Chain through hackathons, incentives, and our Launch-as-a-Service (LaaS) packages. Through this builder support, we’re helping developers bring their ideas to life and scale them into successful real-world applications.
Community and Ecosystem Growth
The BNB Chain ecosystem is thriving. Today, close to 800 live decentralized applications (Dapps) call BNB Chain home, across diverse sectors like DeFi, gaming, SocialFi, and AI. Our community is growing too, with 1.2 million daily active users (DAUs) on BSC and 2.7 million DAUs on opBNB.
In the last year, the Total Value Locked (TVL) on BNB Chain has surged by more than 40%, reaching $4.82 billion by mid-2024. This reflects not only the strength of our ecosystem but also the trust developers and users place in our network.
Pushing the Boundaries of Performance and Security
We’re continually improving the performance and security of BNB Chain to meet the demands of tomorrow’s Web3 applications. In 2024, opBNB achieved 10,000 transactions per second (TPS), while we introduced gasless transactions to make it easier and cheaper for users to interact with decentralized applications.
Our commitment to security remains unwavering. In the past year, we’ve implemented stronger protections, reducing the total amount of losses across the ecosystem by 87% year-over-year.
Looking to the Future
As we celebrate our 4th anniversary, our commitment to the Web3 community remains stronger than ever. Our One BNB strategy and continued support for developers and startups will drive the next wave of blockchain innovation, making decentralized applications more accessible and impactful.
We’re building the infrastructure to power the future of Web3, and we invite you to join us on this journey. Together, we can onboard the next billion users and shape a decentralized future for everyone.
Want to dive deeper into our journey and achievements? Read our full milestone report here to discover how we’re transforming the Web3 space and what’s in store for the future.
Happy BNB Day!
