{"id":74874,"date":"2023-03-02T11:04:13","date_gmt":"2023-03-02T09:04:13","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=74874"},"modified":"2025-09-10T02:14:21","modified_gmt":"2025-09-09T23:14:21","slug":"symbiosis-finance-launches-native-sis-token-on-the-bnb-chain","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/symbiosis-finance-launches-native-sis-token-on-the-bnb-chain\/","title":{"rendered":"Symbiosis Finance launches native SIS token on the BNB Chain"},"content":{"rendered":"<p>The multichain liquidity protocol Symbiosis Finance added the native SIS token to the Binance Smart Chain (BNB Chain). The corresponding decision was previously brought to the <a href=\"https:\/\/forklog.com\/en\/news\/symbiosis-finance-announces-vote-on-moving-native-sis-token-to-the-bnb-chain\">vote<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We\u2019ve gone and done it \u2013 <a href=\"https:\/\/twitter.com\/search?q=%24SIS&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SIS<\/a> token is now launched on the <a href=\"https:\/\/twitter.com\/BNBCHAIN?ref_src=twsrc%5Etfw\">@BNBCHAIN<\/a> <\/p>\n<p>I mean, who in their right mind would even consider a cross-chain protocol without a token that exists in multiple networks? <\/p>\n<p>Not us, that\u2019s for sure! ?<a href=\"https:\/\/t.co\/Dg5ZejDGH4\">https:\/\/t.co\/Dg5ZejDGH4<\/a> <a href=\"https:\/\/t.co\/UfAhcrNmTM\">pic.twitter.com\/UfAhcrNmTM<\/a><\/p>\n<p>\u2014 Symbiosis (@symbiosis_fi) <a href=\"https:\/\/twitter.com\/symbiosis_fi\/status\/1630980917723541504?ref_src=twsrc%5Etfw\">March 1, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the developers, the governance token will preserve functionality on the new chain: the veSIS mainnet logic, distribution of rewards for <a href=\"https:\/\/forklog.com\/en\/news\/what-is-yield-farming\">farming<\/a>, and participation in voting through the Symbiosis DAO.<\/p>\n<p>Besides cheaper transactions, one of the main reasons for moving from Ethereum to BNB Chain was that the service network of the second version of Symbiosis Finance is <a href=\"https:\/\/forklog.com\/en\/news\/boba-network-developers-launch-l2-solution-built-on-bnb-chain\">Boba BNB L2<\/a>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;This cooperation has allowed us to remain flexible with regard to security and in the context of adding various blockchains based on user and partner demand,&#8221; the developers added.<\/p>\n<\/blockquote>\n<p>In late 2022, the Symbiosis Finance team announced the launch of <a href=\"https:\/\/forklog.com\/en\/news\/symbiosis-finance-launches-second-version-of-its-protocol\">the second beta mainnet<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The multichain liquidity protocol Symbiosis Finance added the native SIS token to the Binance Smart Chain.<\/p>\n","protected":false},"author":1,"featured_media":74875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1307,2134],"class_list":["post-74874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bnb-chain","tag-symbiosis-finance"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=74874"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74874\/revisions"}],"predecessor-version":[{"id":74876,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74874\/revisions\/74876"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/74875"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=74874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=74874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=74874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}