Quote from: Psynthax on Today at 03:36:53 AM

Quote from: diffract on April 27, 2022, 10:42:25 PM

My worry is the BSC ecosystem could fall down in popularity due to the layer1 competition. I have a good chunk of CAKE and I'm trying to figure out what best to do with it.

Just wanna try to remind you that as long as binance will always become the biggest exchange site in the world and BSC ecosystem will always exist like this time. The popularity of BSC came from the binance exchange site as the biggest exchange site in the world. That means if binance will not die and BSC ecosystem will remain the same. You can do anything with your cake but i think that layer 1 competition was not so strict. Remember that if BSC was second layer blockchain.
It has first layer called binance native chain.

Even though the BSC Blockchain is not the first layer, we also don't need to worry because BSC is dependent on Binance.
So as long as Binance is alive, everything will continue to be safe.
It seems that her worry about her CAKE is too much maybe.