The BNB Chain Fusion: Migration from BNB Beacon Chain

Check out the BNB Chain Fusion! Get the scoop on what’s happened so far, what’s coming up, and how to easily migrate your BEP2 tokens with ChangeNOW’s guide.

2 min read1 day ago

Hey, crypto enthusiasts! 🌟 Exciting changes are happening in the Binance world: the BNB Chain Fusion. This strategic shift will transition BNB Beacon Chain’s functionalities to the BNB Smart Chain (BSC) and phase out the BNB Beacon Chain. The aim is to streamline the network, boost efficiency, reduce security risks, and keep up with technological advancements. Pretty cool, huh?

Recent Highlights

Here’s a snapshot of the key developments so far:

15 April 2024 — BNB Beacon Chain First Sunset Fork

Issuing New Tokens Disabled: No more new tokens can be issued on the BNB Beacon Chain.
Atomic Swaps Disabled: Atomic swaps are no longer supported on the BNB Beacon Chain.
New BSC Validators Disabled: Creating new BSC validators on the BNB Beacon Chain is no longer possible.
Delegations Disabled: Delegations on the BNB Beacon Chain are now disabled.

8 April 2024 — BNB Smart Chain Feynman Hardfork

Native BSC Validators Enabled: Native BSC validators are now live.
BSC Staking Enabled: Staking is now available directly on BSC.
Cross-Chain Stake Migration Enabled: Stake migration between chains is now possible.
BSC Governance Enabled: Native governance features are now active on BSC.

What’s Next

Here’s what to look forward to:

14 July 2024 — BNB Beacon Chain Second Sunset Fork

Auto Refunds: Locked assets on the BNB Beacon Chain will be automatically refunded.
Asset Migration: Assets will be moved from the BNB Beacon Chain to BSC.

Mid August 2024 — BNB Beacon Chain Final Sunset Fork

Cross-Chain Disabled: Cross-chain functionality between BSC and BNB Beacon Chain will be turned off.
Balance Dump Published: A balance dump of the BNB Beacon Chain will be released.
Validators Shutdown: Validator nodes on the BNB Beacon Chain will be shut down.

Post-Fusion

After the fusion, expect:

Token Recovery Enabled: Recovery for bound BEP2/BEP8 assets will be available.

Migrating Your BEP2 Tokens

As you can see, cross-chain functionality between the BNB Beacon Chain and BSC will be disabled this summer. You have a limited time to save and migrate your BEP2 tokens. ChangeNOW has prepared a handy guide to help you with the process:

Check out how to migrate BEP2 tokens to BSC — Explore NOW!