Vidy has grown rapidly in 2021. Right at the beginning of Q2, they announced a partnership with Media Publishares on building an NFT platform catering to the fashion, music, and art industry. Following that week, Binance joined their duo on powering the NFT platform’s underlying technology. This year, as they are dedicated to accelerating into the NFT space, they are further expanding their ecosystem, and thereby going multi-chain: VIDYX will be simultaneously deployed on Tron and Binance Smart Chain (BSC). This is their first time going multi-chain but they will continue to evolve and may integrate into more networks as they march forward.

The expansion into BSC marks the logical next step for Vidy’s DeFi mapping. DeFi alone has met unprecedented progress in 2021. On January 1st, DeFi gross value locked (GVL) has reached an all-time high of $17.8 billion. In shortly 5 months, at the time when this article is written, GVL has reached another all-time high of $121 billion, which is more than 6X of stats from the start of the year.

Of that $121 billion GVL, BSC sits on $35 billion, with the BSC-based Pancakeswap locked nearly 11 billion, surpassing Uniswap, making it the biggest DEX.

This app will really help you to know all about Vidy and Vidyx. This application will also help you to be successful.