Binance Smart Chain (BSC) is a blockchain network created by the cryptocurrency exchange Binance. It runs in parallel with the Binance Chain and enables the creation of smart contracts and the staking of BNB tokens. The Binance Smart Chain uses the Proof of Staked Authority (PoSA) consensus mechanism, which allows validators to be chosen based on their BNB stake, as well as their performance history. The Binance Smart Chain has become popular for its fast transaction processing times and low fees.
How BSC connects to Guild 🟨 🏰
  • Token as requirement
    • any ERC-20 on BSC
    • min/max amount
  • NFT as requirement
    • any ERC-721 or 1155 on BSC
    • min/max amount
    • custom ID
  • Contract state as requirement
    • freely defined interactions with any contract on BSC
    • e.g. staking, providing liquidity, trading a certain volume etc.

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