Binance Smart Chain has pinned the date for its next hard fork upgrade scheduled for block 13,082,000. It is estimated to occur on 30 November at 08:00 AM UTC, as per a note on the website.
With that, it is worth noting that BSC has been doing well on the DeFi front. At press time, Binance Smart Chain has a TVL of $18.16 billion, with 161 protocols. That is second only to DeFi king Ethereum.
Source: Defillama
Binance noted,
“v1.1.5 upgrade is a hard fork release that introduces the real-time burning mechanism into the economic model of BSC…”
It is essentially an introduction of BEP-95 with a real-time burning mechanism that was previously announced. The proposal had reiterated,
“The BSC network can speed up the BNB burning process and improve its
Read more on ambcrypto.com