Today, the crypto market is improving quite a bit and it seems that the activity is also picking up. This is true for BNB as it bounced back to around $580 from the recent bottom price of $432 a few days ago. It's a good thing that I picked up some BNBs during that dip.
Now, one of my LPs in BSC is doing good in this market trend. The combination of appreciating the price of pooled tokens and DeFi will result in a higher APR as well.
The major boost in the activities in BSC also comes with consequences. There is ongoing chain congestion that is lagging the transaction of a trade from the DeFi token to something like BUSD. I've been trying to trade some tokens a while ago and after a few attempts, the BSC transaction is still unable to process the order. The frontend seems to be working just fine but the routing of the token swap in the backend is the one that's having issues. I notice that the routing keeps switching to different routes. The lag is a nuisance and that it forces me to just cancel the transaction.
Anyone else having this issue?