Here’s a detailed comparison of BeP2 and BEP20 tokens online as a smart chain (BSC) binance:
Review
- Bep2 is the original token for binans smart chain, while the Bep20 has been upgraded its version.
- Both are related to BNB supply (Binance Coin), but with different token and cases of use.
Tokenomics
* BEP2
: Designed as a useful token, which is used primarily to manage and rewards. The total supply is 10 billion Bep2 tokens.
* BEP20
: Stabecoin version Bep2, related to BNB price. It has a smaller total supply than the BeP2 (6 billion), but still maintains a strong retaining on its wedge.
Use cases
* BEP2 : Mostly used to manage and rewards within the ecosystems of Binance.
* BEP20 : Used as Stablecoin, with reports in borrowing, trading and other financial services.
Performance
* BEP2 : shows better performance than the BeP20 because of its useful nature. It has higher transactions and lower gas fees.
* BEP20 : Designed for stability, offers lower transaction costs, but slower transaction time.
Token value
* BEP2 : It has relatively low market capitalization and is often considered more unstable property compared to the BeP20.
* Bep20 : shows stronger stability due to its price of BNB, which makes it a popular choice for Stablecoin applications.
Comparison of Token Features
| Feature | Bep2 | Bep20 |
| — | — | — |
| Total supply | 10 billion | 6 billion |
| Putting Rewards | Available | Not available (but can be put on) |
| Management functionality | Limited | Comprehensive |
| Uses cases | Utility, management | Stablecoin, borrowing, trading |
Conclusion
The BeP2 and Bep20 are both original tokens in the smart binance chain, each with their own set of cases and a characteristic of use. The choice between them depends on your specific needs and priorities:
- If you need a useful token to manage or rewards within the ecosystem of the ecosystem, the BEP2 could be better.
- For Stablecoin applications and borrowing services, the BeP20 is a popular choice due to lower transaction costs and stronger stability.
Keep in mind that both tokens have their own support in the community and are designed to work together with other BNB-based projects.
