BNB Chain, the leading community-driven blockchain ecosystem, has announced the introduction of native staking on BNB Smart Chain (BSC) following the shutdown of BNB Beacon Chain. This integration will enable high-yield native staking on BSC and additional benefits based on Maximal Extractable Value (MEV).

The transition to native staking on BSC will allow participants to safeguard the network while maintaining the liquidity of their assets. By issuing liquid staking tokens that represent staked BNB, users can engage in DeFi activities without sacrificing the utility of their assets. The integration is scheduled to occur between April and early May of 2024.

The sunset of the BNB Beacon Chain, planned for late June of 2024, will facilitate the addition of native staking to BSC. This change involves migrating all BNB Beacon Chain functionalities to BSC to streamline the network, enhance efficiency, reduce security risks, and align BNB Chain's architecture with current technological demands and future growth plans.

The introduction of native staking on BSC will offer several benefits:

1. Enhanced benefits for delegators: Delegators can now enjoy staking rewards and MEV income streams, making BNB Chain an attractive platform for stakers. Additionally, delegators can participate in direct voting on BSC, a feature not available before the BC Fusion.

2. Increased flexibility: Liquid staking tokens enable users to participate in other DeFi protocols without sacrificing staking yields, providing greater flexibility and efficiency in asset management. This integration will also expand BNB governance and application scenarios.

3. Broadened validator base: With initial triple voting power for validators and incentives for LSD/LRT partners, new participants can influence decisions and benefit financially. This transition will attract new validators, particularly those involved with LSD and LRT protocols like Lido and Renzo, diversifying the network's expertise and innovation.

BNB Chain is also working to improve its MEV offerings, with three major MEV solutions currently available: Puissain, TxBoost, and BloxRoutes. To standardize MEV solutions in the ecosystem, BNB Chain has proposed BEP 322 to implement the PBS (Proposer Builder Separation) mechanism on BSC, inviting leading blockchain entities to participate in an MEV Supply Chain Solution. This proposal introduces a standard builder API to allow validators to integrate with multiple builders, fostering competitiveness and improving the MEV market on BNB Chain.

About BNB Chain

BNB Chain is a community-driven blockchain ecosystem dedicated to simplifying Web3 adoption. It comprises:

1. BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1, serving as the ecosystem's governance chain.

2. opBNB: A scalability L2 that offers the lowest gas fees of any L2 and rapid processing speeds.

3. BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces.

BNB Chain prioritizes security, with the AvengerDAO community safeguarding users and Red Alarm providing real-time risk-scanning for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program.