August 11 Binance Alpha #空投 #SLAY Project Analysis:

I. Project Introduction:

@satlayer is a re-staking platform based on the Bitcoin staking protocol Babylon, allowing users to re-stake their staked Bitcoin liquidity tokens (LST) to other protocols (such as oracles, cross-chain bridges, etc.), providing security for decentralized applications and earning multiple yields.

II. Token Model:

Total Token Supply: 2.1 billion

Initial Circulation: 441 million (21%)

Binance Alpha Token Count: Not disclosed, updates to follow

Launch Date: August 11, specific time to be announced

Points Threshold: Not disclosed, updates to follow

Project Financing: Seed round $8 million, allocating 15% of tokens, cost $0.0254

Rating: ★ ★ ★ ☆ ☆ [Overall impression, non-authoritative rating]

III. Token Distribution Details:

Ecosystem Incentives: 45%

Institutional: 15%

Team: 20%

Community: 10%

Foundation: 10%

IV. Team Introduction:

* Led by entrepreneurs with backgrounds from MIT and Stanford, co-founder and CEO Luke Xie has experience in the crypto field, and technical lead Arun Devabhaktuni previously served as CTO of ZenMaid and has an academic background in systems biology and physics.

* Funded by Hack VC and Castle Island Ventures, with top institutions like Franklin Templeton and OKX Ventures participating, financing focuses on expanding Bitcoin's security ecosystem.

V. Revenue Estimation:

Pre-seed round financing $8 million, allocating 1.5% of tokens, cost $0.0254

Corresponding FDV approximately $530 million.

Assuming Binance Alpha takes 1%, a total of 21 million tokens distributed, among 25,000-30,000 people, each receiving 700-850 tokens, corresponding to a token price of $0.11 to $0.14, valued at $80. Corresponding circulating market value, $50 million to $60 million.