🚀BNB Chain's First L2 To Launch This Month
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Binance announced it will deploy opBNB, BNB Chain's first L2, by September. OpBNB is Binance's answer to the surging dominance of Etherum's Layer 2 ecosystem.
In other Layer 2 news, Polygon's transaction fees and transaction volume curiously decoupled in Q2. Average fees flew 225% in April while the number of daily transactions sank by one-third over the same period.
Emissions for Curve's CRV token have been slashed by 16%, The annual reduction in CRV supply inflation coincided with the third anniversary of the token's launch.
And y00ts, a popular Polygon-based NFT collection, announced its migration to Ethereum. The news follows y00ts' exodus from Solana earlier this year.
✍️ In today’s newsletter:
- Binance schedules opBNB launch for August
- Polygon's fees spike while activity drops in Q2
- CRV supply inflation down 16%
- y00ts migrates from Polygon to Ethereum
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