According to official news, $Star will be launched on PancakeSwap for the first time at 20:00 (GTC+8) on September 16!
StarChained is a decentralized modular cross-chain communication protocol that enables fast, trustless cross-chain transmission of tokens, data, information, contract calls, etc. between different EVM networks and Rollups. The protocol aims to provide an overall solution for multiple chains. Web3's HTTP is being built to form a communication layer across different blockchain networks, and the deployed DApp can interact with funds and data on multiple blockchain networks at the same time.
$Star is a governance token issued by StarChained based on the public chain network, which can provide power for fair use of the network. Unlike other solutions in the interoperability space, the security architecture relies on economic incentives (tokens of the protocol).
$Star can be used to participate in the StarChained cross-chain protocol network and receive a certain proportion of work share from each ecosystem of the network in return. The network can also be kept running through network rules. If the rules are violated, $Star will be destroyed. At the same time, $Star will also be used to manage the ecosystem treasury of the StarChained network through DAO.
As an innovator of decentralized modular cross-chain communication protocols, $Star's launch on PancakeSwap means that StarChained is about to usher in a new development milestone. So far, the most eye-catching decentralized modular cross-chain communication protocol innovative business model in 2024 has kicked off.