Why is Binance working with Aptos?

Yi He, Co-Founder of Binance and Head of Binance Labs, said: "We’re excited to be working closely with the Aptos team. At Binance, we’ve always believed in the power of blockchain technology to benefit the masses, just like the Internet. However, infrastructure building remains a bottleneck within the industry.

When will apt be added to Binance?

In addition, Binance will add APT as a new borrowable asset on Cross Margin and Isolated Margin, as well as these new margin pairs, within 48 hours from 2022-10-19 01:00 (UTC): Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits and rates. What is Aptos (APT)?

How many projects does Binance Labs incubate?

Since 2018, Binance Labs has invested in more than 200 projects from over 25 countries. It has also incubated about 50 goal projects that are native to Web3 via the Binance Labs Incubation Program, including Polygon, Perpetual Protocol, Dune Analytics, and more.

What is aptosbft?

AptosBFT is quite similar to DiemBFT, originally developed for Diem. “BFT '' means ‘Byzantine Fault-Tolerant,’ and a network is said to be Byzantine fault-tolerant if it can continue to operate normally even if some of its members go offline or turn malicious. AptosBFT is a custom-made consensus algorithm based on the HotStuff protocol.