The BNB Chain ecosystem has announced the addition of native liquid staking (LSDFi) to the BNB Smart Chain (BSC). The integration is scheduled from April to early May.
This move is part of the preparation for the final shutdown of the BNB Beacon Chain in June 2024. Transferring all functions to BSC will optimize the network, enhance efficiency, and reduce security risks.
Users will be able to accumulate LSDFi rewards daily alongside earnings from MEV and participation in other DeFi protocols.
This will also allow the BNB Chain ecosystem to expand its validator base through triple voting and incentivizing partners in liquid staking/restaking.
“Participants have an increased opportunity to influence decisions and benefit from transitioning to new validators, especially those associated with Lido and Renzo protocols,” the developers noted.
As reported in the previously presented 2024 roadmap, the BNB Chain team will focus on optimizing state and data storage by implementing the PBSS model, as well as on the implementation of EVM 3.0 among node operators and validators.