The Mithril project is the first to migrate to the Binance Chain. This is reported in startup blog.
By migrating to the Binance Chain, MITH token holders will be the first to experience the speed, security, and user friendliness on the new Binance DEX platform while maintaining full control over their own funds. Migration of MITH from ERC20 to BEP2 will begin shortly after the mainnet launch of Binance Chain on April 18, 2019.
Mithril claims that they studied various blockchain platforms and was convinced of the “speed, security, and user friendliness have become crucial to the success of our ecosystem” of Binance Chain, which was the reason for his decision.
MITH deposit / withdrawal on Binance.com will not be available for the first 12 hours after migration. Nevertheless, trading will continue. After completing the necessary procedures, Binance users will be able to withdraw from the exchange tokens of a new format to the addresses of compatible purses and Binance DEX. ERC20-MITH, located in the personal wallets of users or on other exchanges, will not be affected.
Mithril is developing a decentralized social network with the possibility of receiving awards for creating content. MITH rate on the background of this news has grown by more than 30%. Currently, it is the 144th largest cryptocurrency asset.