BNB Chain has announced the upcoming Beacon Chain (BC) Fusion Second Sunset Fork scheduled for July 14, 2024, at block height 378,062,790.

This upgrade aims to streamline operations by migrating functionalities from the BNB Beacon Chain to the BNB Smart Chain (BSC), enhancing efficiency and security.

Users are urged to migrate staked BNB and BEP2 assets to BSC by August 15 to avoid complications, as assets not transferred by this date may become immovable.

The BC Fusion will introduce a new governance model and Proposer-Builder Separation (PBS) on BNB Chain, optimising Maximal Extractable Value (MEV) handling and promoting decentralisation.

Detailed migration guides and upgrade instructions are provided for stakeholders including asset holders, stakers, and full node operators, ensuring a smooth transition for the community.