Proposal to Deploy Cauldrons and Degenbox on BSC
Binance Smart Chain is the first chain that really started the EVM compatibility ecosystem. Currently BSC is seeing 1.6M Daily Active Addresses with a total of $20B TVL being onchain, this is obviously a substantial amount. With Abracadabra moving to BSC, we could capture more TVL, new assets and completely new users.
Needless to say, the Binance Smart Chain Ecosystem Fund of $1 Billion that was recently announced will very likely further increase adoption of the chain and also further grow TVL.
Abracadabra.money is a multichain project and because of this it is a no brainer to deploy on BSC as it is the second largest chain in this EVM ecosystem.