July 2nd Binance Alpha Project $ECHO Information Update:
Introduction: This project currently occupies the largest TVL platform on APT and is expected to perform well.
1. Project Overview:
It works on Bitcoin liquidity re-staking and yield infrastructure on APT. Currently, the TVL is close to $900 million, accounting for about 70% of the BTC asset share in the Aptos ecosystem, firmly holding the top spot in ecosystem TVL rankings.
2. Token Model:
Total token supply: 1 billion
Initial circulation: 208 million
Binance Alpha token count: 60 million
APT contract: 0xb2c7780f0a255a6137e5b39733f5a4c85fe093c549de5c359c1232deef57d1b7
BSC contract: 0x06238c1b8e618abedf17669228dc95fb2d2e210b
Launch time: Expected at 7 PM tonight (other secondary exchanges at 8 PM)
3. Yield Estimate:
1. Currently, the Binance Alpha address has received 60 million tokens. Assuming this portion of tokens is fully airdropped, the initial circulating market value is 2000WU, with 1040 tokens per issue, shared among 57,000 people. Average yield per person is 100U.
2. Based on the current situation of this project, the circulating market value is estimated to be around 4000WU, corresponding to a token price of 0.192, which should yield decent returns per issue.
4. Operational Suggestions:
Pay attention to Binance's official announcement later, set an alarm 5 minutes in advance, and watch for on-chain opportunities to see if there's a possibility of a low open for a profitable entry.