BNB Chain has extended its Gas-Free Carnival until June 30, 2025, continuing to offer gas-free stablecoin transfers benefits to its users.
Extension of the Gas-Free Carnival
Initially launched to remove transaction barriers, the Gas-Free Carnival has been extended by three months. The initiative has covered over $3 million in gas fees, facilitating user growth and transaction volume on the platform.
Key Features of the Program
Users can benefit from the following features: 1. **Zero-Fee Stablecoin Withdrawals from Leading CEXs:** Withdraw USDT, USDC, and FDUSD without fees on exchanges like Binance. 2. **Gas-Free Transfers via Partner Wallets:** BNB Chain sponsors gas fees for transfers through wallets like SafePal and Trust Wallet. 3. **Free Cross-Chain Transfers:** In partnership with Celer cBridge, BNB Chain enables fee-free stablecoin transfers from other networks.
Impact on Ecosystem and DeFi
The program not only eliminates gas fees but also enhances stablecoin utility through staking and yield farming on DeFi protocols such as Aave and Uniswap.
The extension of the Gas-Free Carnival until the end of June 2025 shows BNB Chain's commitment to facilitating user engagement with cryptocurrencies and developing the stablecoin ecosystem.
