Whitepaper Version 1.0 April. 2021

BINANCE CONNECTHYBRIDIZATION CREATES POWERS

Trust & Grow

BNBC

BNBC are a class of organic compounds that contain an BINANCEgroup—an oxygen atom connected to two alkyl or aryl groups. Sothis is a basic need of Human life.

Also

BINANCE is the transactional token that facilitates operations onthe BNBCeum network. All of the programs and serviceslinked with the BNBCeum network require computing power (andthat computing power is not free). BINANCE is a form of paymentfor network participants to execute their requested operations onthe network. While BINANCE can be thought of as thecryptocurrency of the BNBCeum network,

metaphorically speaking, it is more accurate to refer to it as the"fuel" of the network. BINANCE tracks and facilitates alltransactions in the network. This process is notably different fromthe workings of a standard cryptocurrency. Nevertheless, BINANCEdoes have some properties that make it similar to othercryptocurrencies, such as bitcoin. So BINANCE is again a lifechanging currency. BINANCE is typically melodic, mathematicallystructured meters, believed to be resonant with numinousqualities.

Connect : to join, a platform, or ecosystem togBNBC; unite or bind:to connect the users and technology two terms by a bridge ofCommunication called connect. Connect is also a paradigm shift inthe very idea of economic organizations, offering completetransparency, total token holder control, unprecedented flexibility,and autonomous governance.

Binanceconnect: leverages the knowledge and wisdom of thecrowd to create a community governed, transparent, anddecentralized ecosystem for web 3.0 that gives financial controlback to the people to grow their wealth togBNBC.

Abstrac

tBinanceconnect is a fully integrated ecosystem of decentralizedfinancial services built on interoperable technologies andcontrolled by its users collectively. Its governance mechanism ispredicated upon a stablecoin called BNBCcoin & EYFI that allows itsholders to participate in decisions affecting the parameters of thesystem.

BNBCis distributed as a reward for contributions made to theplatform and provides access to a variety of economic incentives.In addition to BNBCcoin, Binanceconnect supports theBINANCE Protocol, a reputation mechanism that assessesparticipants’ behavior within the system and keeps track of BNBCholders’ performance metrics.

Introduction

Binanceconnect use the decentralized finance distributed ledgertechnology and using AI technology to make cryptocurrenciestransaction faster, more inclusive and transparent financialservices than traditional legacy systems. However, currentblockchain solutions lack interoperability and are laden withgovernance issues, preventing DeFi from reaching mass adoption.

The evolution of Blockchain systems design since the inception ofBitcoin in 2009 has been driven by this critical need for adaptabilityand connectivity. Over the past few years, various initiatives haveaimed at addressing the limitations of traditional Blockchains byadopting flexible design and providing interoperability betweennetworks.

Binance smart chain and Polkadot protocol that enables multipleblockchain networks to operate tog BINANCE seamlessly, increasingthe resulting network’s throughput by parallelizing transactionsand transfers of data.

It surmounts the limitations of general-purpose Blockchains interms of scalability by providing a compensability framework forthose Blockchains to communicate. From this Perspective, Polkadotand Binance smart chain can be thought of as a superstructure fordigital infrastructures (referred to as parachains) to be built atop.

Binanceconnect is a decentralized application built on BNBCeumblockchain technology and the platform is still open for migrationwith binance smart chain and Polkadot blockchain, It is a Substrate-based blockchain infrastructure that is interoperable with theBinanceconnect network.

The Binanceconnect platform is composed of the

following features:

1.A staking and lending platform whereby depositors can earninterests on their Pooled BNBCcoin and other digital assets.

2.A Binanceconnect governance coin called BNBCwhich offers itsholders’ voting power over certain to economic parameters toincrease the EYFI and BNBCutility platform such as interest rate,inflation and deflation levels.

3. A Binanceconnect reputation protocol which

A)weighs the voting power of BNBCcoin holders proportionally tocertain measurable metrics.B)increases the chances of BNBCcoin holders benefiting from variousfinancial incentive schemes.

Binanceconnect is a project initiated by the Binanceconnectcommunity Foundation, which was previously work in the marketwith Bitconnect limited. But now Binanceconnect start operating into the worldwide market as a decentralized finance data feedvalidator on the binance smart chain, BNBCeum, and Polkadotnetwork. Binanceconnect Foundation is created to maintain theBinanceconnect ecosystem platform and serve the BNBCcoin holders,who are the beneficiaries of the foundation and govern how itoperates.

The BinanceconnectFoundation will ensure the release and development of the Binanceconnectutility ecosystem and the Binanceconnect community is established enough to maintain it in a completely decentralized manner. The Binanceconnect Foundationis also responsible

for safeguarding certain intangible assets pertaining to the project such as trademarks and copyrights.

Binanceconnect

Community-Governed Organizations

Binanceconnect is an Decentralized Autonomous Organizations forworldwide market and its community members – they are changinghow organizations are coordinating their activities to create value.A Binanceconnect is decentralized because control over its operationsdoes not reside in a single location.

It is autonomous because the decentralized finance blockchaintechnology and blockchain AI smart platform govern its operationsdetermine how the organization functions, without the need forhuman intervention. Binanceconnect represent a massive upgradeon the traditional firm. Binanceconnect use multiple blockchaintechnology and programmable incentives to solve issuestraditionally faced by global organizations, such as financialtransparency, process automation, governance, and aligninggeographically-separated, individual stakeholders in pursuit of acommon goal. By combining state-of-the-art technology with newtoken-economic, governance, and financial models, Binanceconnectcan provide substantial benefits for their members. WithBinanceconnect, communities are able to leverage the strengths ofall members, turning them into active stakeholders to grow thenetwork togBNBC. While Binanceconnect have amazing potential,they’re still very new. Most existing protocol are too complicated forthe average person to interact with as they require a sophisticatedknowledge of cryptocurrencies. What’s needed to bringBinanceconnect more into the mainstream?

Better user experience, simpler governance & BNBCutility platformvoting processes, a reputation system that promotes positiveactions, and more incentives for active participation. With thesesystems in place, each Binanceconnect member has both economicand social incentives to be a nice person, a good collaborator, and ateam player, as well as to hold each other accountable, regardlessof age, experience, or perceived influence.

Stakin

gBinanceconnect will support non-custodial staking servicesbeginning with BNBCeum, Binance smart chain, and PolkadotEcosystem assets including but not limited to:

- TRX- BNB- DOT- BNBC

As more BNBCeum, Binance, and Polkadot Ecosystem assetsbecome available for staking, we will add them accordingly. Theseinclude EYFI, BNBC, and BNB. Continuing our non-custodial stakingservice, we will add other DPoS assets such as:

- BNB- TRX- TRX- DOT- BNBC- EYFI

We plan to support non-custodial staking in the near-to-mid-termbut will also add custodial staking-as-a-service for other PoS assets,such as TRX 2.0 and BNB. The rules for the staking of assets willvary by the chain and by the asset. However, as An example, we willnot charge staking-as-a-service fees for BNBCeum assets in thebeginning, but we will charge a staking fee for other DPoS assets.These fees will be variable depending on the staked asset and canbe voted upon through the BNBCgovernance token.

Example: If a user is staking $1,000 worth of TRX with us andgenerates a 16% return On their assets, we will return theprinciple + 16% in BNBCand give them at least an additional % ofthe BNBCvalue of the TRX interest generated in the form of theBNBC coin. In this case, they would receive $1,300, a 30% return, inUSD value on their underlying principle. Depending on the Racerlevel of the individual they could receive an even higher percentageof BNBCinterest, up to 100% of the BNBC value of the TRX or BNBinterest.

Binanceconnect EcosystemBinanceconnect is developing multiple DEFI protocol ecosystem oversix phases.

In Phase 1, we created the cross-chain bridges to existing BNBCeumopen-source DeFi blockchain staking protocols, such as Compound,to offer our users access to staking interest for BNBCeum-basedassets in BNBCcoin. By staking BNBC coins you'll receive your part ofBNBC protocol profit (dividends) from the BNBCDividend pool. Ourblockchain experts are working on new DeFi staking protocol whichinvolves that users don't need to use the TRX network to receivepayouts for freezing BNBC. Binanceconnect Staking and 90%-10%system allows opening a new interest line for newcomers from non-Dapp market who are going to use Binanceconnect services.

In Phase 2, we’re developing yield farming lending protocol toprovide access to high-interest savings options and BNBC stablecoinloans. This platform agnostic approach allows Binanceconnect tocooperate with industry leaders across multiple Blockchains andprotocols, giving users access to a full suite of services within asingle, easy-to-use interface. Binanceconnect community will take asmall spread on these integrated protocols.

BNBCStaking

Protocol

BNBCYield Farming

Protocol

BNBCDeFi Lending

Protocol

BNBCStablecoinProtocol

BNBCStablecoinProtocol

BNBCBorrow Bond

Protocol

BNBC

In Phase 3, we’ll belending algorithm &compound, but with

developing our own proprietarystablecoin Ecosystem, similar tocross-chain collateralized assets

rather than just BNBCeum-based ones. By using tokenizedderivatives, such as BNBCor BNB, as collateral, we’ll allowusers the opportunity to generate staking rewards evenwhile taking out stablecoin loans. Users can utilize thisBinanceconnect system to leverage their underlying BNBCassets, in a way that’s less risky than traditional margintrading, in order to acquire more of them, generatingfurther yields.

In Phase 4, we’ll live the stablecoin protocol to the live topexchange which can provide access to high-interestsavings options and BNBCstablecoin. This will giveworldwide users access to a full easy-to-use interface tomaintain the BNBCand EYFI coin growth. The BNBCstablecoin will also help to increase the yield farming APY andprovide the loan in to the market with lower rate ofinterest.

In Phase 5, For half a year, the Binanceconnect team hasbeen working to create the best decentralized financecasino gaming experience in the Binanceconnectecosystem. In next 6 months, Binanceconnect managed togrow out from gaming startup to the large platform withthe best DeFi casino gaming opportunities. TheBinanceconnect DeFi Casino gaming platform will becamerecognizable and well-known by the whole crypto gamingworld very soon.

Our team continues to use the DeFi blockchain technologyallowing making the casino gaming process moretransparent and provably fair. We use the maximumcapabilities of blockchain development with an off-chainbetting system. This solution provides a number ofadvantages: scaling of the platform, paltry commission,min bets in and instant transactions.

In Phase 6, EYFI will be the next native stablecoin of theBinanceconnect utility platform, which will be launchingafter 3rd phase of our lending platform developmentcomplete. It is Similar to other stablecoin; EYFI will be themulti- collateral, generated through Collateralized DebtPositions (CDPs) in an over collateralized manner, andpegged 1:1 with the BNBCand US Dollar.

While DAI can only use ERC-20 assets to back it, EYFI couldbe backed by any Cryptocurrency that’s supported by theBNBCeum, Binance smart, and chain Polkadot multiblockchain network, which will include BNBC, BNB, TRX,DOT, BTC, TRX and ERC-20 tokens, EOS, etc. The specificassets that will use in practice will depend on theliquidity of the underlying asset and the selections of

Binanceconnectgovernance

community members via the community process.

BNBC Uses as Derivative Coin

in Binanceconnect Ecosystem:

While BNBCcommunity users may choose to stake withBNBC coin in a fully non-custodial Manner, there is adownside to staking coins this way.

BNBCeum (TRX) tokens will be Locked for 365 days onBinanceconnect after unbinding, and seven days forBNBCcoin. Derivative tokens, such as EYFI, provideliquidity for NPoS, DPoS, and other staking Cryptocurrenciesthat would otherwise be bonded, and therefore locked, aspart of the Staking process.

These derivative tokens still provide users with the ability toparticipate in on-chain governance, by signaling their voteson proposals via the Binanceconnect platform, and they areredeemable for their underlying assets at any time. Thevalue of derivative coin like EYFI grows as over time due tothe accumulated value of BNBCstaking rewards, similar tohow Compound’s cTokens increase in value due to theinterest generated by the protocol.

These derivative tokens are exchangeable receipts for theunderlying assets, allowing the benefits of liquidity andtradability while still supporting the security of theunderlying DPoS networks through native on-chain staking.

Binanceconnect Governance

In order to submit a proposal and vote within theBinanceconnect ecosystem, a member Must first hold andstake BNBC. Each staked BNBCrepresents 1 vote within theBinanceconnect DeFi system. In order to propose a topic forvoting, users will need to deposit USD $100 worth ofBNBCas collateral.

If the proposal should fail, they will lose the BNBC, but if theproposal passes evaluation from the council, then the votewill proceed. If the proposal receives a simple majority(51%) of the votes from the valid voters (staking BNBC),then the depositor will receive their BNBCback as well asan additional amount of EYFI for helping the ecosystem.

The process for voting is as follows:- 1 week for proposals- 1 week for evaluation of proposals- 1 week for the voting of proposals- 1 week for the implementation of proposals

BNBCholders who stake BNBCwill be allowed to propose changes to the Binanceconnect

Ecosystem including, but not limited to, changes in:- Interest rates- BNBCInflation level- BNBCEcosystem grants- Adding additional staking assets- Adding additional lending products- Etc.

The Binanceconnect Council is currentlycomprised of 5 Council Members. The Council

Members will serve 2-year terms and will help guide the proposal, evaluation, voting, and implementation processfor Binanceconnect. Every two years, there will be a

vote for the next Binanceconnect CouncilMembers, with the maximum number of Council Members being set at 9. The Council will always maintain an odd number of councilors to never allow for a tie during the evaluation of proposals. The maximum number of consecutive council terms by any Council Member is set at 5.

It is also possible within our governance model that theBinanceconnect Council can create sub-councils thatspecifically focus on certain topics, such as theBinanceconnect Financial Council. The overallBinanceconnect Council holds veto power over any subcouncil.

Grants

The Binanceconnect Foundation’s Member Grant programis designed to directly support the growth and expansionof the Binanceconnect ecosystem through projects thateither increase BNBCcoin adoption and use, open up newmarkets and business lines, support economies (bothemerging and established), create novel uses of theBinanceconnect stablecoin, or ones that generally embraceBinanceconnect Foundation’s guiding principles and vision.The program can make grant allocations between 5K -100K USD equivalents in either BNBCCoin or the EYFIstablecoin. Any grants given out will be distributed on amilestone basis as the teams reach different pre-determined KPIs.

As with anything in the Binanceconnect ecosystem, shouldthe members deem that this allocation range is either toosmall or too large, a vote may be proposed to change it.The Binanceconnect Foundation aims to support a widevariety of products and companies as it continues toexecute upon its roadmap of services.

Initially, the grants will look at companies that are usingand building upon Parity Substrate and interacting withthe Web3 ecosystem or solving issues within decentralizedstaking and lending services. As the Binanceconnectecosystem and service offerings grow, the scope for thegrants will widen and shift to best support theorganization. These companies are ideally self-operating,outside teams that have shown an ability to execute upona formulated strategy and plan.

The Binanceconnect Foundation Members will providesome support in working with the grant obtaining teamsto help them best position themselves within theBinanceconnect ecosystem. The Binanceconnect technicaldeveloper team will also work closely with the teams atdifferent stages of their development to make sure thattheir product and build-out can be easily and securelyintegrated into Binanceconnect.

Custody

The security of cryptocurrency assets is one of the mostimportant elements in the blockchain industry. Manyblockchain companies have failed due to poor securityprocedures.

Most security breaches could have been prevented bytaking simple precautions to protect critical resources.Binanceconnect will integrate a mix of noncustodial andcustodial wallet solutions depending on the specificservice offerings.

When custody is required for specific services,Binanceconnect will use and leverage binance smartChain’s enterprise-grade security solution that utilizes thesBNBCgest encryption technology available in order tohave absolute trustworthiness. As security is of theutmost importance for us, Binanceconnect will focus onoffering non-custodial services for its initial stakingbusiness line through Delegated Proof of Stake (DPoS)coins. By utilizing and working with cryptocurrencies thatare DPoS, Binanceconnect is able to greatly reducesecurity risk as it will not be handling any of its members’digital assets, having them remain at all times in themembers’ custody. As additional tokens are offered thatare Proof of Stake (PoS), we will maintain these throughindustry- leading security solutions.

BNBCCoin

Binanceconnect and the BNBCDeFi Protocol are only ableto operate as a community-governed, decentralizedautonomous organization through its use and integrationof the BNBCcoin. BNBCcoins are the entry pieces forpeople to become members into Binanceconnectecosystem and are what allows them to decide how theywant the organization to operate. BNBCcoins to grantmembers of Binanceconnect governance and votingrights, access to collateralized loansand compounded interest, as well as entrance intoBinanceconnect staking, Lending, and play defi casinogames online to earn profit instantly.

Initial Staking Membership Offering

BNBCcoin will initially available to the public throughBinanceconnect Initial Staking member Offering (ISMO).We are offering Staking membership rights into a next-generation decentralized financial ecosystem that’sstructured as a stablecoin to give financial freedom anddecision-making abilities to its members. People whoparticipate in the Binanceconnect Staking will be givenTRX, BNB, BTC, BINANCE and access to the BinanceconnectStaking platform to earn daily staking earning; AllBinanceconnect Community members are also able toaccess a broad range of financial services and rightswithin the Binanceconnect ecosystem.

Asset Purchases

15% of the Binanceconnect Foundation’s initial funds willbe used to purchase assets to operate our variousstaking- as-a-service nodes. These assets will accruestaking rewards, of which:

• 50% will be used to re-purchase BNBCCoin forfuture

staking & referral rewards•25% will be rewarded to users of the Binanceconnectpool savings game•25% will be re-staked to grow the BinanceconnectFoundation’s assets under management (AUM) on behalfof its beneficiaries, the BNBCtoken holders.

Burning

Every time an Binanceconnect foundations burns anBNBC coin in order to enter the Binanceconnect Pool oruses BNBC Coin to pay interest on a loan taken outthrough Binanceconnect Lending protocol, that BNBCissent and collected in the Binanceconnect burn wallet.Every quarter, we will burn, in its entirety, all of thecollected BNBCheld in that burn wallet. All transactionswill be transparent and completed on Binance smartchain & BNBCeum Blockchain, with Polkadot Chain. Wecould eventually burn up to 50% of the total BNBCsupply,leaving50% remaining for the users transactions for theentire utility platform.

Binanceconnect DeFi Protocol

Binanceconnect DeFi Protocol is a reputation mechanismthat aims at rewarding members for their contributions tothe Binanceconnect DeFi ecosystem.

Binanceconnect overarching goal of bringing peace-of-mind to peoples’ control of their financial future cannothappen without the support and participation of itsmembers. The more members participate, the moredecentralized and autonomous Binanceconnect becomes.BNBCDeFi Protocol is a reputation system that plays acrucial part in the Binanceconnect ecosystem byrewarding and incentivizing its members for performingpositive actions within the organization.

Members who carry out different actions withinBinanceconnect are rewarded in BNBC. The more BNBCamember has, the more benefits that member will receivewithin the ecosystem. There are 10 tiers within the BNBCProtocol that unlock different incentivization offeringsthat ultimately allow our members additionalopportunities to increase their BNBCCoin holdings,decrease fees, earn rewards, and more.

Besides the amount of BNBCeach user earns, users mustalso hit specific requirements of staked BNBCin order toreceive all of the rewards in that specific tier.

Users gain BNBCCoin by supporting the Ecosystem through:

• Staking BNBCCoin•Taking out & paying back loan from BinanceconnectLending Protocol.

Binanceconnect

•Submitting & voting on proposals on Protocol• Joining the Binanceconnect Utility Platforms.• Referring friends to grow the

BNBCCommunity• Receiving grants

Users with higher BNBCgain access benefits, such as:

to various

• Increased BNBCstaking rewards• Decreased staking fees• Free access to Binanceconnect Yield Farming• Lower loan interest rates on BNBCLending• Loyalty Rewards, such as EYFI and community recognition

Binanceconnect Tiers & Rewards

Binanceconnect requires members to burn at least 1BNBCcoin in order to take part in the savings games. Besidesjust being able to participate in Binanceconnect by burningBNBC coin, members that accumulate enough BNBCare givenfree entries to participate in all offered Binanceconnectprotocol. Once members hit the different BNBClevels, theywill be automatically enrolled in every platform in theamount offered in their designated Tier.

BNBCCoin interest rate will be dependent on the circulatingsupply of BNBCand how many BNBCCoin are being staked ata given time. Depending on members’ BinanceconnectTiers, they will be entitled to a percentage increase onwhatever the BNBCCoin interest rate is at that time. Theseinterest rates will be automated and written into smartcontracts on the blockchain. Staking fees will vary from eachPoS or DPoS cryptocurrency that is supported and offered onthe Binanceconnect platform. Depending on the specificfees associated with the specific PoS / DPoS cryptocurrency,the Binanceconnect Tier levels will allocate a reducedpercentage based on those fees at that time. Thesereduced percentages on the fees will be automated andwritten into smart blockchain.

Loan interest rates will be calculated based on the assetsthat users are borrowing against and the pre-determinedrates at that time. Depending on the given interest rates atany specific time, users who qualify in specificBinanceconnect Tiers will receive a discounted rate in real-time. These reduced percentages on the interest rates willbe automated and written into Binance smart chain.

Binanceconnect DeFi Community

Binanceconnect Community is established as a registeredseparate legal entity with the name if ECONNECT LIMITED,without owners. Its initial assets are donated to thefoundation and are managed by its councilors on behalf ofits beneficiaries. A community council (analogous to acompany’s board of directors) manages and administersfoundation assets in accordance with its purpose as detailedin the terms of its charter and regulations. Persons whobecome members of this Foundation become itsbeneficiaries and are collectively known as the "Members"or singly as a "Member". Interests of the Members of theFoundation are denominated in "Units”, which arerepresented by BNBCCoin.

Econnect limited are provided for under the BinanceconnectFoundations Act 2009 as amended by the Foundations(Amendment) Act 2011 (togBINANCE the “Act”). The Actstrikes an effective balance between sound regulation andmarket attractiveness. Foundations are often formed forwealth management purposes, and are commonly used tohold investments such as company shares, bonds and realestate, or cryptocurrencies and digital tokens.Binanceconnect Foundation will own 100% of the sharesBinanceconnect BNBC, a Econnect Limited. Which willoperate all business activities in service of the Foundation onbehalf of its Members? Approximately 15% of all fundsraised will go toward purchasing cryptocurrency assets andnodes to operate the staking-as-a-service business on behalfof the Members.

The BNBCstaking rewards from the Foundation’s assetswill be used as follows:

•50% will be used to buyback BNBCCoin on secondaryexchanges•25% will be used as rewards for the BinanceconnectUtility savings•25% will be re-staked to grow the Foundation’s assets under management (AUM) on behalf of its Members

Binanceconnect Blockchain W3F

Binanceconnect Foundation collaborates with leadingBlockchain organizations at both Technical and businesslevels.

Web 3 Foundation

Web3 Foundation was created to nurture and stewardtechnologies and applications in the fields of decentralizedweb software protocols, particularly those that utilizemodern cryptographic mTRXods to safeguarddecentralization, to the benefit and for the stability of theWeb3 ecosystem. BNBCeum & Binance Smart chain is theflagship protocol of Web3 Foundation.

Parity Technologies

Web3 Foundation has commissioned Parity Technologiesto build BNBCeum & Binance. Founded by BNBCeumcofounder Dr. Gavin Wood, Parity is a global team of topdistributed systems engineers, cryptographers, solutionsarchitects and researchers. Parity has fundamentallyshaped the blockchain industry, from building the highly-adopted Parity

BNBCeum client and implementations of Bitcoin and Zcash,to developing the next generation of blockchaintechnology with Substrate and Binance Smart chain.

Binance Smart Chain

Binance smart chain is a next-generation blockchainprotocol that unites an entire network of Purpose-builtBlockchains, allowing them to operate seamlesslytogBINANCE at scale. Because BSC allows any type of datato be sent between any type of blockchain, it unlocks awide range of real-world use cases.

By bringing togBNBC the best features from multiple specialized Blockchains, BSC paves the way for new decentralized marketplaces to emerge, offering fairer ways to access services through a variety of apps and providers. While Blockchains have demonstrated great promise in several fields—Internet of Things (IoT), finance, governance, identity management, web decentralization, and asset-tracking to name a few—design limitations in previous systems have largely hindered large-scale adoption. Polkadot’s design offers several distinct advantages over existing and legacy networks, including heterogeneous shading, scalability, upgradeability, transparent governance and cross-chain compensability.

Existing Blockchains are too slow, too rigid, and too foreignto traditional digital infrastructure to be used by mostinstitutions and organizations. Blockchains must meetbusinesses’ requirements in order to be successful andimplementable. Binance smart chain iterates over previousgenerations of blockchain networks such as Bitcoin andBNBCeum. Built with Substrate and focusing on securityand usability, Binance Smart Chain introduces greaterinteroperability, scalability, increased network speeds, andcross chain transactions.

Features

BSC represents a shift in network design and developmentphilosophy over previous Blockchains and is better gearedfor mass adoption.

Features Benefits for developers and end users

TransparencyBy entering a public address in the Binance Smart Chain browser, users

can see holdings, transactions, and network data related to this account

InteroperabilityProjects built on Binance Smart Chain can be compiled using a separate

client and communicate with other chains

Client RequirementsLight nodes, rather than full nodes, do not need to run 24/7 or read and

write a lot of information on the blockchain.

Upgradable Chain

Separation of runtime components, allowing easy runtime

upgrades; Binance DeFi can easily upgrade the main chain without

requiring a hard fork

Flexible ConsensusOn Binance Smart Chain, thanks to the Aura consensus algorithm,

finality is reached with each new block created

Efficient Deterministic

Sandbox Web Assembly

Runtime

Virtual machine interpreters with available toolkits; Using

Web Assembly, dApps can be built using different smart

contract languages

Seamless Client

Upgrade

Updates that affect consensus are compiled using

Web Assembly and developers can store as many versions of

consensus code as they want to compile with native code. Binance

Smart Chain handles this complexity to ensure that the native code

being executed is consistent with the currently deployed Web Assembly

code

Binance Smart Chain iterates over previous generations ofBlockchain networks such as Bitcoin and BNBCeum.Focusing on scaling up, Binance Smart Chain introducesgreater interoperability, increased network speeds andenables cross-chain transactions.

Customizable Consensus Algorithm

•Support licensed blockchain and different consensus algorithms (e.g. PoS, PoW, etc.)•Support for customizable adjustments Support for network updates on the chain•The new contract can be deployed without upgrading the node without a hard fork in the chain

High TPS

• Up to 3,000 TPS on PoA• Ability to scale horizontally to extend TPS• Existing Blockchains, like bitcoin and• BNBCeum, follow the longest chain rule but lack finality.

Appendix A:

REGULATIONS OF Binanceconnect COMMUNITY

Section 1.Foundation is

Purpose. The purpose ofBinanceconnect to holdsharesof Binanceconnect BNBC, aEconnect Limited, which will operate all business activities

in service of the Foundation on behalf of its Members. ThisEconnect will operate as a BNBCDecentralized AutonomousOrganization, through which it can accept requests toperform services for its Members or third parties, solicit bidson such requests from Members and non-Members, andpermit Members to allocate responsibility andremuneration of Members and others for completion ofrelated tasks. The Foundation may transact such otherlawful business as the Members may determine inaccordance with these regulations.

Section 2. Powers. The Foundation may engage in any and all activities that may lawfully be performed by a Econnect Limited under the Econnect Limited Act, 2009 (the "Act"), and other applicable laws.

Section 3. Governance; Type of Decentralized Ledger; Security Protocols; Tax Elections.

(a) Governance. The Foundation intends to govern itself and conduct all of its activities through the use of blockchain technology, software-enabled governance procedures and protocols, and associated voting protocols, including but not limited to:

(a) Admission or expulsion of Members and approval or denial of Member Unit transfer requests;

(b) Proposed upgrades to or modifications of theBNBC Foundation’s Platform, and/or protocols;

(c) Proposed changes to these regulations;

(d) Bids or proposals to perform work for third parties;

(e)Bids or proposals for Members or non-Members toperform work for the Foundation and/or third parties andreceive payment and Reputation there for in their individualcapacities; and

(f)Any other matter of governance or other activity theFoundation finds necessary or convenient to have itsMembers determine collectively. The software-enabledgovernance procedures and protocols adopted from time totime by the Foundation, togBINANCE with this document,shall jointly constitute the regulations of the Foundation.The initial version of such governance procedures andprotocols is described in Appendix B to this document, butthe current version of governance procedures shall, at alltimes, be determined by and stored on the BNBC. Subject tothe foregoing provisions and the provisions of Section 6, theFoundation shall be governed by its Members, collectively.

(b)Type of Decentralized Ledger. The Foundation will utilizea decentralized, publicly available ledger (the "Ledger").Information about participants’ permissions and ability toread and write protocols to the ledger is set out in AppendixB.

(c)Security Protocols. The Foundation believes that the useof blockchain technology and a BNBCstructure provideample security, but has nonTRXeless established securityprotocols to address and mitigate risk. Information aboutthose Security Protocols is set out in Appendix B.

(d)Tax Status. No taxation. Seychelles foundations arecompletely exempt from any form of taxes in Econnect,meaning that all income and gains of any kind of thefoundation are not taxable in Seychelles. Distributions tobeneficiaries, fees paid to investment advisors and similarare also tax exempt.

Note: U.S. taxpayers and those from countries taxing globalincome are required to report all income to their taxauthorities.

Section 4. Units; Outside Work and Duties; Compensation;Capital Accounts; Foundation Funds.

(a)Units. The Foundation will have Units, called BNBCCoin;their supply fluctuates in accordance with the economicparameters of the smart contracts and decided upon bythe BNBCmembers. The voting power of each staked Unitwill initially be 1 (1 staked BNBCCoin = 1 voting power).Future iterations of the protocol may have voting powervary in accordance with the corresponding Unit holder’sBinanceconnect, as determined from time to time by theMembers through the BNBC, or by such othermTRXodology determined from time to time by theMembers through the BNBC. The number of Units in theFoundation held by each of the Members as of the date ofthis document and thereafter will be as determined by thesmart protocols of the BNBC. Unit records will be updateddynamically as Members are admitted or leave theFoundation and if Members transfer their Units to others.The Foundation neither expects nor intends to amend itswritten Charter to reflect such changes, as all suchinformation will be stored on the BNBCand accessible toMembers therein.

(b)Outside Work and Duties. Members, includingCouncilors, are permitted to work for and have outsidebusiness interests in companies and organizations besidesthe Foundation, and such work or interests will not violateany duties or obligations of Members or Councilors’ to theFoundation. No Member will have any fiduciary duty tothe Foundation for any contractor work done for theFoundation, unless the Members vote to approve such afiduciary duty and the Member concerned consents to it.

(c) Compensation. Members, Councilors, and non-Members may receive compensation as independentcontractors on particular tasks undertaken through theFoundation as approved from time to time through theBNBCstructure, including, but not limited to, for services ofthe Councilors to the Foundation and services by anyMember or non-Member to a third party on behalf of theFoundation or directly to the Foundation, at such timesand amounts approved by vote of the Members or asestablished in the regulations. Neither Members,Councilors’, nor non-Members will receive distributionsfrom the Foundation aside unless the Members or

from such compensation, regulations approve such

distributions.

(d) Foundation Funds. Foundation funds may consist oftraditional currency or of digital assets, including, but notlimited to, cryptocurrencies and digital tokens. AllFoundation funds consisting of traditional currency shallbe deposited in such bank accounts or invested asdesignated by the Councilors’. Foundation funds consistingof digital assets shall be held in such a manner as may bedesignated by a vote of the Members. In whatever form,such funds shall not be commingled with funds of anyother entity managed, controlled, owned or advised byany of the Members. All withdrawals from any traditionalcurrency accounts shall be made only by a Councilors or byother persons duly authorized by the Foundation to makesuch withdrawals. Transfers of digital assets may be madeby duly authorized persons or through duly authorized"smart contracts" or other automatic means approved bythe Members.

Section 5. Distributions; Financial Reporting; Books and Records.

(a)Distributions. The Members will make all decisionsrelated to distributions of cash or any form of currency(including, but not limited to, cryptocurrencies and digitaltokens). For the first two years, in order to efficiently createthe BNBCproducts and services, the Foundation’s assets willbe professionally managed by its initial contributors, whowill act in accordance with guidance from the Councilors andadvisors.

(b)Financial Reporting. Each Member agrees to be boundby the decisions of the Members with respect todistributions and other aspects of the Foundation’saccounting.

(c)Books and Records. The Foundation books and recordsshall be kept in accordance with the accounting mTRXodsdetermined by the Members to be most advantageous tothe Foundation for financial and reporting purposes. Thebooks and records shall be open to the reasonableinspection and examination of the Members or their dulyauthorized representatives upon request.

Section 6. Management; Councilors; Indemnification

(a) Management. The business, operations and affairs ofthe Foundation will be managed under the direction ofthe Members in accordance with the governanceprocedures described in this Charter. The use ofCouncilors(s) described below is for convenience ofadministration and is not intended to diminish thefundamental role of the Members as a whole in directingthe operations and affairs of the Foundation.

(b) Councilors. Notwithstanding the provisions of Section 6(a)above, in order to maintain a centralized point ofcontact with the outside world, the Foundation will, atall times, have one or more Councilors with the limitedauthority described in this Charter, who will be selectedfrom among the Members by vote of the Members, thefirst of whom shall be the individuals referenced inAppendix B. If the Members name multiple Councilors toact at any given time, each such Councilor will have thepower to act individually on behalf of the Foundation,independent of the other Councilors', unless decidedotherwise by the Members. Councilors may also berequired to post a surety related to the faithfulperformance of managerial duties, if so determined bythe Members. Councilors may be removed or replacedand one or more Councilors may also be named, also byvote of the Members. The Councilor(s) will have primaryresponsibility for interacting with third party serviceproviders and officials

(e.g. accountants, attorneys, government officials anddepartments) on behalf of the Foundation and such othertasks as the Members or this Charter may assign. TheCouncilor(s) will have the power to execute or file anydocument required or permitted to be executed or filed onbehalf of a Foundation under the Act. A Councilor, like anyMember of the Foundation, may fulfill multiple roles withinthe Foundation, including but not limited to, Member,Councilor, developer, contractor, voter, or other participantin the BNBCoperated by the Foundation. Within theirauthority, Councilors may act as agents of the Foundation.No other Member will be an agent of the Foundation solelyby reason of being a Member.

(c) Indemnification. Any Member, including a Councilor, mayrequest indemnification by the Foundation for his, her, or itsacts for or on behalf of the Foundation, including, but notlimited to, actions related to a particular bid by a Memberto perform work for or on behalf of the Foundation.Indemnification may be granted or approved through thesame Member voting process or regulations used to governthe Foundation’s activities and operations.

Appendix B:

MATERIAL INCORPORATED BY REFERENCE IN

APPENDIX A

3(a) The initial version of such governance procedures andprotocols will consist of thefollowing, which may be changed at any time by vote of the Members through the BNBC:

•The Binance Smart Chain framework. This consists of aset of smart Defi deployed on Cross Chain that defines thebasic building blocks and standard components that canbe used to implement any Dapp.

•Members of the Foundation will use the Binanceconnectprotocol to vote on all proposed governance mattersrelated to the Foundation and on all proposed projectssubmitted to the Foundation through the BNBC, which mayinclude proposals for the BNBCto perform work for outsideclients and proposals for BNBCMembers and/or non-Members to perform work for or on behalf of the BNBCinexchange for digital currency or tokens.

•Binanceconnect is a non-transferrable balance associatedwith a cryptographic address, meant to gauge a user’sreputation and positive actions within the community. Anaddress with a positive BNBCCoin balance, who is stakingat least 1 BNBCCoin,

will be considered a Member. Each Member will maintainat least one Binanceconnect, but voting power in theBNBCwill be calculated according to Members’ stakedBNBCCoin, meaning that Members with higher amountsof staked BNBCwill have greater voting power. Note thatfuture upgrades, voted on by Members, may also utilizeBinanceconnect balances to calculate voting power.Binanceconnect will be awarded and adjusted by smartcontracts, per the specifications set by the BNBC, and canalso be adjusted by votes of the Members through theBNBC protocol. Non-Members may become Members ofthe BNBC and receive Binanceconnect if they stake at least1 BNBCCoin. Only Members may submit and vote onproposals.

•Proposals by Members may involve requests forBinanceconnect in exchange for work.

•When proposals are approved through the BNBCprotocol,the BNBCwill approve awarding the submitting Memberthe digital currency, tokens, and Binanceconnect (if any)associated with that proposal.

•Whenever a non-Member client desires the Foundationor the BNBCperform a project, a proposal for the samemust be submitted to a vote of the Members through theBNBCprotocol. A Member may submit the proposal onbehalf of a client, providing such details as needed toallow the Members to consider the proposal.

Neither Members nor Councilors may unilaterally agreethat the BNBCwill perform a project for a third partywithout first obtaining the consent of the Membersthrough the BNBCprotocol. Non-Members for whom theBNBC agrees to perform work will receive the address of theBNBC that allows the non-Members to pay the Foundation.The BNBCwill award that payment to those Membersand/or non-Members whose proposals to perform thesame work are also approved by the Members through theBNBC protocol.

3(c) The Foundation’s security protocols are subject to thefollowing provisions:

Blockchains and smart contracts are highly experimentaland subject to security breaches. Members acknowledgethat the Foundation may be affected by A) bugs in thesmart contracts that comprise the Foundation’s protocol orB) issues in the underlying ledger, such as integrationissues due to chain upgrades, or other unforeseentechnical issues. If a bug is discovered that compromisesthe integrity of the Foundation’s protocol, all funds shall betemporarily moved to a Multisignature Wallet ("Multisig")if possible. The Multisig shall be jointly controlled by theCouncillor (s), and authorization of at least two suchindividuals will be required to release funds from theMultisig. When the patch is complete and the software isstable, the Multisig shall redeploy the BNBCwith allprevious data (such as Binanceconnect distribution andproposal history) if it is technically feasible to do so.Following a successful redeploy, the Multisig shall returnall funds to the BNBC.

Disclaimers

Licenses and ApprovalsLicenses and approvals are not assured in all jurisdictions.Binanceconnect intends to operate in full compliance withapplicable laws and regulations.

Third Party DataThis whitepaper contains data and references obtained fromthird party sources. While the management believes thatthe data is accurate and reliable, they have no been subjectto independent audit, verification, or analysis by anyprofessional legal, accounting, engineering, or financialadvisor. There is no assurance as to the accuracy, reliabilityor completeness of the data.

TranslationsThis whitepaper and related materials are issued in English.Any translation is for reference purposes only and is notcertified by any person. No assurance can be made as to theaccuracy and completeness of any translation. If there is anyinconsistency between a translation and the English versionof this whitepaper, the English version prevails.

Views of BinanceconnectThe views and opinions expressed in this whitepaper arethose of Binanceconnect and do not reflect the officialpolicy or position of any government, quasi-government,authority or public body (including but not limited to anyregulatory body of any jurisdiction) in any jurisdiction. Thiswhitepaper has not been reviewed by any regulatoryauthority.