A new path has opened for Antimatter.
We at Antimatter have decided to, as part of our growth strategy, build a sidechain for BNB Chain. The sidechain will be called B2.
To coincide with this we are releasing a new logo and are launching a brand new homepage. The last few months we put a lot of effort of setting up the BAS sidechain with the right parameters. We put together a whitepaper, containing everything you want to know.
Background
Antimatter Labs vision was always to utilize blockchain to be the gateway of DeFi derivatives. We realized that accessibility is a key to a blockchain system. Hence, our goal is to have a universal efficient and low-cost DeFi derivatives worldwide. We came to the conclusion that building an own blockchain would provide scalability and the opportunity to create a perfect financial infrastructure for structure products and derivatives.
Running a sidechain provides users with very low transactions costs and fast transaction finality. We figured that it lowers the barrier to entry, packaging one ecosystem on one blockchain. All Antimatter DApps are multichain, which imposes challenges for UX and UI and generally can get confusing.
B2
B2 is build from the BAS framework providing development-ready EVM-compatible features like staking, RPC-API, and smart contracts. Antimatter’s ecosystem will move onto B2, including Nonfungible Finance, Structured (Dual Investment, DOV, Sharkfin…) and Quanto.
The Parlia consensus mechanism encourages users to deposit their funds and vote for honest validators, which will make the B2 sidechain more decentralized and reliable. It also helps share-holders get rewarded from their stakes by earning commissions from block producers. From a technical point of view, the B2 sidechain involves staking smart contracts on Solidity for the EVM runtime. BAS supports Celer bridge which will also be used by Antimatter Labs
Links for Testnet Setup
RPC: http://bas-node.antimatter.finance:8545
Connect to B2 with an RPC API.
Explorer: http://bas-node.antimatter.finance:4000
View transactions and block production on our explorer.
Faucet: http://bas-node.antimatter.finance:5000
Token
The $MATTER token will be the fuel token of B2, adding a significant token utility.
The $MATTER token is also used for staking and governance:
- PoS Staking : Validators and Stakers will earn from each transaction that happens on B2.
- On-Chain Governance: Validators can create new proposals, the community can vote on them.
More details on B2’s specifications:
Next Steps
Over the coming weeks we will integrate our DApps on B2. Existing DApps will still be available on other blockchains. This new path has rejuvenated the project and brought new energy to the team. The road ahead is bright and we look forward to explore these new possibilities more determined than ever before.
Accompany us on our journey, we keep building!
About Antimatter
Antimatter is a hub for decentralized on-chain financial products, such as DeFi derivatives and financial NFTs. Being community driven, innovative and simple forms the core of Antimatter.
