Binance Smart Chain has a lot of advantages over Ethereum and Ethereum-compatible blockchains. Here are some of the major ones:

* Insanely fast transactions (3 seconds)
* Cheaper transactions (approx 50 times cheaper)
* BUIDL reward program. Explained below.
* Binance MVP Grant. Explained below.
* Binance Accelerator Fund and Community Programs
* Competitive and growing ecosystem of DApp and developer tools.

BUIDL Reward Program

https://www.binance.org/en/blog/open-registration-for-buidl-reward-program/

It is as simple as deploying your smart contract on the Binance Smart Chain and then calling another smart contract function to register your deployed smart contract. Now based on how much GAS your smart contract consumes monthly, you will receive a portion (30%) of the total gas back. This incentivizes developers to create high-quality smart contracts where people want to engage.


MVP Grant

https://www.binance.com/en/blog/421499824684901587/Binance-Launches-The-Most-Valuable-Builder-MVB-Accelerator-Program

The most valuable builder grant provides developers and startups with $10,000 funding, liquidity support up to $2M, and participation in workshops with top industry leaders. On top of that, some product receive a full smart contract security audit through Certik.


Competitive and growing ecosystem of DApp and developer tools

Fairly new, the Binance Smart Chain is slowly catching up. Because of faster and cheaper transactions, a lot of people like me prefer to use Binance Smart Chain for decentralized swaps and lending liquidity. I mean, we too are contributing by building a decentralized cover protocol on Binance Smart Chain.