Significant volumes of BEP20-FIRO and BNB have been added to the Pancakeswap pool on BNB Chain, enhancing overall liquidity and improving the pool's usability.
Partnership with Power Up Privacy
Power Up Privacy has added 80,356.8262 BEP20-FIRO and 167.286754 BNB, equivalent to approximately 200,000 USD, to the Pancakeswap pool on BNB Chain. This adds to the existing position maintained by the Firo Community Fund, bringing the total pool to 224,000 USD at the time of writing.
Features of BEP20-FIRO
BEP20-FIRO is a wrapped version of FIRO issued and backed 1:1 with native FIRO by Binance. As a BEP20 token on BNB Chain, it lacks privacy features but allows permissionless access to BNB Chain's rich DeFi ecosystem, including AMM DEXes and access to major stablecoins.
Trading and Using BEP20-FIRO
BEP20-FIRO can be swapped to and from native FIRO via FiroDEX or the Komodo Platform, swap providers like ChangeNow, or directly through Binance or MEXC. Binance recently minted an additional 400,000 BEP20-FIRO, with its backing of FIRO verifiable on-chain.
These changes strengthen the Pancakeswap pool on BNB Chain and boost its liquidity, enabling traders to leverage their trading capabilities more effectively.