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New DeFi Project BurgerSwap Caught the Attention of Crypto Industry Leaders

Published

5 years ago

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Analysts from across the crypto-sphere were caught off-guard by the sudden 22% increase in Binance BNB tokens this week. At first, people thought this influx of capital was the start of a pump-and-dump scheme. However, after reviewing the data, it turns out that the increased demand was the direct result of the launch of the BurgerSwap platform.

Record Growth

The steep appreciation surprised many in the market. Especially once it was revealed that BurgerSwap only launched 24 hours prior. Since the launch of this revolutionary protocol, there has been a record number of transactions on the Binance Smart Chain. These stats continue to drive interest in BurgerSwap to new heights.

What is BurgerSwap?

BurgerSwap is an open-sourced democratized automated market maker. Developers launched the project with the purpose of decoupling the interest generation and productivity providers in the market. Notably, this platform resides on the Binance Smart Chain. As such it enjoys access to a variety of helpful features. 

Another Tasty Platform

Following along the lines of SushiSwap, in terms of names, developers choose to stick with another crowd favorite – burgers. Developers built BurgerSwap as a replacement for the SushiSwap project. Discussing their improvements, the team spoke on their approach to the market and how it differs from SushiSwap. Lastly, they spoke on their core goal to make DeFi accessible for everyone.

What Problems Does BurgerSwap Fix?

One of the main drawbacks of many DeFi projects currently in the market is the reward distribution mechanism. This mechanism resides inside a smart contract that automates the processes. However, the current market standard leaves investors guessing as to their exact rewards. BurgerSwap introduces a new implementation of the ERC-2917 token standard to alleviate these concerns.

ERC-2917 improves the power of Uniswap. To accomplish this task, the protocol alters both the incentive model and community governance systems of the network. Additionally, the BurgerSwap protocol abstracts the interface for the interests generation process which further streamlines the entire process. Specifically, the update makes it much easier for wallet applications to collect vital DeFi metrics.

Core Code

The BurgerSwap platform utilizes proprietary coding to provide users with a better UX compared to SushiSwap. This advanced coding was built from the ground up and is not a duplicate or copy of other platforms in the market currently. Additionally, the coding for BurgerSwap is open-sourced. Open-source projects are far more secure because they allow the community to test the merits of the code.

Binance Smart Chain

BurgerSwap is a democratized exchange that resides on the Binance Smart Chain. Binance Smart Chain enables fast, cheap, and secure payments globally. Additionally, the platform is EVM compatible. Today, there are multiple assets listed in its BEP-20 format, with more entering the market weekly.

One of the main advantages of the decision to launch on Binance is convenience. For example, all tokens have BNB pairs. In addition, each asset will also feature a direct BURGER pair. Importantly, this pair needs to account for at least 1% of the liquidity of the asset to be eligible for mining rewards from the platform.

Who is Behind this Amazing Project?

While the exact details of everyone on the BurgerSwap project are still shrouded in mystery, some details emerged recently. For one, the entire development is self-funded. As such, everyone that works on the project receives no salary for their efforts. Also, developers announced they have no intention of conducting any ICOs for the project as well. The only compensation the team receives is 10% of all the fees.

Burgers for Everyone

The numbers don’t lie. BurgerSwap hit the track in full gear. This unique platform provides much-needed liquidity. Additionally, it demonstrates some of the benefits found on the Binance Smart chain. You can expect to hear more about BurgerSwap as the market continues to show an appetite for something new.

Useful Links

BurgerSwap announcement: https://medium.com/@bnburgerking/introducing-burgerswap-a-democratized-amm-on-binance-smart-chain-ac19287b5a2a 

BurgerSwap exchange  https://burgerswap.org/

Github: https://github.com/burgerswap-org/burgerswap-core

Twitter: https://twitter.com/burger_swap

Telegram:  https://t.me/burgerswap 

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Press Release

MSX Announced as Platinum Sponsor for Hong Kong Web3 Festival 2026

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1 day ago

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January 20, 2026

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Hong Kong, 20th January 2026, ZEX PR WIRE, We’re thrilled to announce MSX as a Platinum Sponsor for the Hong Kong Web3 Festival 2026 taking place from April 20 to 23, 2026 at Hong Kong Convention and Exhibition Centre.

MSX is a community-driven digital asset trading platform, primarily offering global users spot and derivatives trading services for cryptocurrencies like Bitcoin and Ethereum, as well as trading services for RWA tokenized assets and bulk/forex financial products. 

The Hong Kong Web3 Festival (“the Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto event since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

The previous three editions of the Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events.

As Asia’s premier crypto gathering, the Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities. Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Join us in staying ahead of the latest Web3 trends and policies while building meaningful relationships with leading projects, investors, and tech pioneers. Secure your tickets at just $399: https://lu.ma/hkweb3festival_2026

Be our partner: https://tally.so/r/w5YEbP

 

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Press Release

OKX Web3 Confirmed as Title Sponsor for Hong Kong Web3 Festival 2026

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1 day ago

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January 20, 2026

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Hong Kong, 20th January 2026, ZEX PR WIRE, We’re thrilled to announce that OKX Web3 is a Title Sponsor for the Hong Kong Web3 Festival 2026 taking place from April 20 to 23, 2026 at Hong Kong Convention and Exhibition Centre.

OKX Web3 is committed to Web3 technological innovations, and has developed OKX Wallet as an industry-leading decentralized multi-chain wallet that enables you to access and explore the Web3 world.

The Hong Kong Web3 Festival (“the Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

The previous three editions of the Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. 

As Asia’s premier crypto event, the Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities. Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Join us in staying ahead of the latest Web3 trends and policies while building meaningful relationships with leading projects, investors, and tech pioneers. Secure your seats: https://lu.ma/hkweb3festival_2026

Be our partner: https://tally.so/r/w5YEbP

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Press Release

Happymeta Announced as Primary Exhibition Sponsor for Hong Kong Web3 Festival 2026

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1 week ago

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January 14, 2026

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We’re thrilled to announce HappyMeta as a Primary Exhibition Sponsor for the Hong Kong Web3 Festival 2026 taking place from April 20 to 23, 2026 at Hong Kong Convention and Exhibition Centre.

Happymeta is building a decentralized metaverse asset platform, leveraging blockchain technology to redefine the relationship between users and digital assets, enabling an open, fair, and sustainable metaverse economy. Learn more at https://www.happymeta.io/

The Hong Kong Web3 Festival (“the Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto event since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

The previous three editions of the Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events.

As Asia’s premier crypto gathering, the Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities. Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Join us in staying ahead of the latest Web3 trends and policies while building meaningful relationships with leading projects, investors, and tech pioneers. Secure your tickets at just $399: https://lu.ma/hkweb3festival_2026

Be our partner: https://tally.so/r/w5YEbP

Become our speaker: https://tally.so/r/31Ybgb

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