Bitcoin Pizza Day is celebrated annually on May 22nd, marking the anniversary of the first real-world transaction using Bitcoin.
🍕 The Historic Transaction
On May 22, 2010, Laszlo Hanyecz, a programmer from Florida, made history by purchasing two large Papa John's pizzas for 10,000 BTC. At the time, this amount was valued at approximately $41. The transaction was facilitated through a Bitcoin forum, where Hanyecz offered the Bitcoins in exchange for someone ordering the pizzas for him. Jeremy Sturdivant, a fellow forum user, accepted the offer and arranged the delivery.
💸 From $41 to Over $1 Billion
Fast forward to May 22, 2025, and those same 10,000 Bitcoins are now worth over $1.1 billion, with Bitcoin reaching a new all-time high of $111,800. This dramatic increase in value has led to the pizzas being dubbed the "most expensive pizzas in history."
🎉 Celebrating Bitcoin Pizza Day
Bitcoin Pizza Day has become a symbolic holiday within the cryptocurrency community. Each year, enthusiasts commemorate the day by sharing pizza, hosting events, and reflecting on Bitcoin's journey from a novel digital currency to a significant financial asset.
👨💻 About Laszlo Hanyecz
Beyond his famous pizza purchase, Laszlo Hanyecz contributed significantly to Bitcoin's early development. He developed the first MacOS Bitcoin client and pioneered GPU mining, enhancing the efficiency of Bitcoin mining processes.
📈 Bitcoin's Current Status
As of today, Bitcoin (BTC) is trading at $111,102, reflecting its substantial growth over the past 15 years.
Bitcoin Pizza Day serves as a reminder of the cryptocurrency's humble beginnings and its evolution into a global financial phenomenon.
Binance Layer Products Earn Program is Live!!!
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🔍 What is Solayer (LAYER)?
Solayer is a pioneering restaking protocol built on the Solana blockchain, designed to enhance scalability, security, and capital efficiency within the ecosystem. By allowing users to restake their SOL or Solana-based Liquid Staking Tokens (LSTs), Solayer enables the same assets to secure multiple decentralized applications (dApps) and services, maximizing yield potential.
Key Components of Solayer:
Restaking Pool Manager: Manages user deposits of SOL or LSTs, converting them into re-staked assets called sSOL. These sSOL tokens can then be used to support various dApps and Active Verification Services (AVS) on Solana.
Delegation Manager: Allocates users’ sSOL tokens to different AVSs, ensuring the smooth operation of consensus mechanisms. Users can delegate their sSOL to projects such as Sonic Layer 2 Chain, HashKey Cloud infrastructure services, or the Bonk ecosystem.
Reward Accounting Unit: An offline module responsible for calculating user rewards based on data from the Restaking Pool Manager. These rewards can be utilized for loyalty programs or future airdrops, further incentivizing participation in the Solayer ecosystem.
Oracle Price Feed: Solayer relies on oracle price feeds to maintain the peg between sSOL and SOL. The objective is that one sSOL should always be approximately equal to one SOL, plus earned rewards. Oracles provide up-to-date SOL prices to ensure an accurate exchange rate.
Tokenomics:
LAYER Token: Serves as the governance token, granting holders voting rights on protocol upgrades, AVS integration, and reward distributions. LAYER tokens are also distributed as rewards to users who actively participate in staking and governance.
sSOL Token: Represents the user’s staked position, allowing them to earn rewards without locking funds. sSOL can be utilized in lending protocols, liquidity pools, and collateralized positions, offering multiple earning streams.
💰 Earn Up to 12.9% APR with LAYER Locked Products on Binance
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30 Days: 3.0% APR
60 Days: 6.9% APR
120 Days: 12.9% APR
Subscription Details:
Minimum Subscription: 1 LAYER
Maximum Subscription:
30 Days: 100,000 LAYER
60 Days: 50,000 LAYER
120 Days: 8,000 LAYER
Reward Calculation: Begins at 00:00 (UTC) on the day after subscription completion and continues until the end of the lock-up period.
Reward Distribution: Daily, directly to your Spot Wallet.
Unlock Period: 1 day post lock-up maturity.
Note: Early redemption is possible, but assets are typically returned within 72 hours, subject to market conditions.
🛠️ How to Participate in LAYER Locked Products on Binance
Getting started is straightforward:
1. Acquire LAYER Tokens: Purchase LAYER on Binance's Spot Market or via the Buy Crypto page using various payment methods like Visa, Mastercard, Apple Pay, Google Pay, or account balances. Alternatively, deposit LAYER into your Binance account.
2. Navigate to Simple Earn: Log in to your Binance account, go to the Earn section, and click on Simple Earn.
3. Search for LAYER: In the product list, search for "LAYER."
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Don't miss out on this opportunity to maximize your crypto earnings. With LAYER Locked Products on Binance, you can enjoy high APRs, daily rewards, and contribute to the growth of the Solana ecosystem.