📚 DAY 15 - Learn all Crypto terms in 30 days
🔹 1. Narrative (Investment Story)
→ Is the theme that motivates the flow of money into a certain group of tokens.
💡 Example: The narrative “Binance Launchpool” helped $SUI, $PIXEL surge right after listing.
📌 Binance is often the center of initiating narratives thanks to the listing effect.
⚠️ Narratives can "evaporate" quickly, so it's important to identify reasonable entry/exit points.
🔹 2. Oracle (Off-chain Data Provider)
→ A bridge between real-world data and the blockchain.
💡 Example: Binance Oracle provides accurate price data for dApps on the BNB Chain.
📌 Optimized for the Binance ecosystem, helping reduce reliance on Chainlink.
⚠️ Oracle failures or manipulation can lead to incorrect liquidations on DeFi.
🔹 3. Point Token (Point Token)
→ A points system accumulated to exchange for gifts or receive rewards.
💡 Example: Binance often has “Task-to-Earn” programs, where users complete tasks to earn points → redeem for vouchers, NFTs, or perks.
📌 Some point campaigns are also related to whitelist opportunities on Launchpad.
⚠️ Be sure to monitor point expiration times and any hidden conditions.
🔹 4. SocialFi (Social Finance)
→ Combines social media and financial mechanisms.
💡 Example: Binance Feed allows users to share content, interact, and receive rewards from the system.
📌 Binance is developing more Web3 features integrated into this community.
⚠️ Reward levels depend on content quality and actual interactions.