According to Binance's official page, the Binance Launchpad Arkham investment channel has been closed, with a total of 10,182,900 (10,182,983.2625) BNB invested, making it the largest BNB investment project on Launchpad this year, with more than 114,000 participants (114,454). According to Venus's page, the total amount of BNB borrowed on the platform reached $293 million, and the current annualized interest rate for borrowing is 341.6%. As the latest IEO project, no other exchange supports ARKM trading, so the price limit mechanism can be adopted. On the other hand, ARKM only launched the price limit mechanism in the first 5 minutes of online trading. I guess it is to prevent ARKM from being pulled too high when it goes online, and then falling, which may cause investors who bought ARKM at a high price to face huge losses. That's why there is a 5-minute price limit setting. The upper limit of the price limit is 10 times, with an opening price of $0.05 and a price limit of $0.5. After 5 minutes, ARKM may enter a relatively rational transaction. The Binance announcement also clearly stated that this mechanism is a trial, and it means that future Binance IEOs will set a daily limit. So, what does this latest IEO project of Binance do? In fact, in addition to this IEO, Binance has recently launched two new projects. Next, let's interpret the three latest projects launched by Binance.