To support our community we have introduced 11 new SOL (BEP20) swap pairs.
Available Swap pairs:
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SOL (BEP20)/KLV
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SOL (BEP20)/USDT (TRC20)
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SOL (BEP20)/USDT (ERC20)
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SOL (BEP20)/TRX
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SOL (BEP20)/BTC
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SOL (BEP20)/KBTC
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SOL (BEP20)/KETH
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SOL (BEP20)/BUSD (BEP20)
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SOL (BEP20)/ETH
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SOL (BEP20)/BNB (BEP2)
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SOL (BEP20)/BNB (BEP20)
What is Solana (SOL)?
With its permissionless features, Solana provides decentralized finance (DeFi) solutions with its open source technology. Although the idea and initial work on the project began in 2017, Solana was officially launched by the Solana Foundation in Geneva, Switzerland in March 2020.
Solana is a protocol designed for the creation of decentralized applications (DApps). The proof-of-history (PoH) consensus of the blockchain will be combined with the underlying proof-of-stake (PoS) consensus to improve scalability.
Traders both small-time and institutional alike are interested in Solana due to its hybrid consensus model. Solana Foundation's main goal is to make decentralized finance more widely accessible.
Who Founded Solana?
The most important person behind Solana is Anatoly Yakovenko. His professional career began at Qualcomm, where he quickly rose to the position of senior staff engineer manager in 2015. Later, his career path changed, and Yakovenko became a software engineer at Dropbox.
It was in 2017 when Yakovenko began work on the project which became Solana. A project called Solana Labs was founded by him and his Qualcomm colleague Greg Fitzgerald. With the help of several former Qualcomm colleagues, the protocol and token were released to the public in 2020.
Check back soon for our Solana Coin of the Week. To stay informed, subscribe to our social media channels or newsletter.
By Warren Manuel