A Potential Coin noticed by Binance
BurgerSwap, a decentralized exchange on Binance Smart Chain, was recently in the news for a “flash attack” that resulted in over $7 million in losses. This incident highlights ongoing security issues in the decentralized finance (DeFi) space.
Regarding market performance, the current price of BurgerSwap coin (BURGER) is around 0.84 USD. The coin has seen a decline of around 47.47% in the past three months. Trading volume on various platforms remains moderate, indicating caution in the market.
BurgerSwap aims to stand out with its decentralized governance model, where users can propose and vote on changes to the platform, including transaction fees and block rewards. This democratic approach aims to empower users and allow the platform to evolve in accordance with community preferences.