MultiVAC Listing Proposal on Binance DEX

3 min readJul 16, 2019

Dear MultiVAC community,

We are thrilled to share the good news with you today that after joining Binance Info’s Transparency Initiative in May, MultiVAC plans to issue a BEP-2 token on Binance Chain and has already submitted a proposal to list the MTV (BEP-2) token on the Binance Decentralized Exchange (DEX). This is a very exciting development for MultiVAC and a great step to further expand our engagement with Binance Chain.

Click here to know more about our listing proposal on Binance Community.

Binance Chain and Binance DEX

Binance Chain is a high-performance blockchain system with one-second block confirmation finality, developed by Binance and the community. Binance DEX is a cryptocurrency exchange, built on top of Binance Chain. Since its launch in April 2019, Binance DEX has become a top decentralized exchange in terms of trading volume.

Why Does MultiVAC Apply for Binance DEX

MultiVAC strongly supports Binance’s move to establish a decentralized exchange which is grounded in community governance. We highly appreciate this community-driven approach which is significantly open and transparent to all supporters and investors. And this is also another example of how MultiVAC shows its transparency and enhances interoperability between the MultiVAC blockchain and Binance Chain.

MultiVAC also considers Binance DEX as the right liquidity marketplace. With the creation of the MTV BEP-2 token, MTV will be tradeable on both the Ethereum network and Binance Chain, bringing token holders an added dimension of liquidity and privacy.

Details of Token Swap and Listing Proposal

BEP2 MTV token has been created and can be tracked here.

Click here to know more about our listing proposal on Binance Community.

The ERC20 MTV and BEP2 MTV will coexist. Soon we will provide a token bridge to support the token swap from ERC20 to BEP2, and it will further support two-way swapping in the future.

From Binance’s Proposal Workflow, MultiVAC listing proposal will enter the voting period in the near future. It is now up to our community to show that MultiVAC deserves to be listed on Binance DEX. The MultiVAC community has the capability to usher a great decentralized era together with Binance Chain.

As always, we appreciate your support!

About MultiVAC

MultiVAC is high-throughput flexible blockchain platform based on trusted sharding computation. It’s a next-generation public blockchain platform built for integration with large-scale decentralized applications (dApps). MultiVAC is developing the world’s first fast, efficient, and fully sharded blockchain with sharding for not only computation but also transmission and storage, maximizing throughput while maintaining decentralization and without sacrificing security.

At the same time, MultiVAC pioneers flexibility for DApps to trade off freely on the impossible CAP triangle between decentralization, performance, and security, supporting large-scale decentralized commercial applications for complex and diverse business requirements.