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Benefits of Binance Launchpool, how to use it and key details of NIL - The 65th Project on it
Nillion, the pioneering Layer 1 blockchain project specializing in Blind Compute technology, has made a strong impact by becoming the 65th project on Binance Launchpool. Binance allows users to stake BNB, FDUSD, and USDC to share 35 million NIL tokens from March 21 to March 24, before officially listing on Binance at 13:00 UTC on March 24. What is Nillion Network? Nillion Network is a layer 1 computing network built on the Cosmos SDK infrastructure. The project aims to address three main challenges in handling High Value Data (HVD): secure storage needs, ensuring computational security, and decentralized management. The platform achieves these goals by leveraging privacy enhancing technologies (PETs), including Multi-Party Computation (MPC). PETs enable users to securely store high value information on Nillion Network's peer-to-peer network and perform computations on masked data, eliminating the need to decrypt data before processing and enhancing customer information security. Developers are building dedicated tools for the Nillion ecosystem, including private predictive machine learning models and secure computation and storage solutions for medical data, transactions, and passwords. On March 20, Nillion launched its mainnet, marking a transition from the testing phase to full-scale operation. This milestone includes the introduction of its native NIL token, designed to support payments, governance, and network security. Previously, Nillion activated the NIL allocation checker, allowing the community to verify their airdrop rewards—an effort to ensure transparency and encourage participation. Additionally, the Nucleus Builder’s Program was introduced to foster ecosystem growth through innovative applications. Nillion has also revealed plans to integrate with partner blockchains such as NEAR and Aptos, expanding secure computation capabilities across the crypto industry. These initiatives not only reinforce the vision of self-sovereign data but also demonstrate Nillion’s acceleration in leading the Web3 revolution. Information about NIL token 👉Token name: Nillion Network 👉Symbol: NIL 👉Total supply: 1,000,000,000 NIL 👉Max supply: 1,000,000,000 NIL 🔥Token allocation 👉Ecosystem & R&D: 29% 👉Community: 20% 👉Protocol Development: 10% 👉Early Supporters: 21% 👉Core Contributors: 20%
NIL utility NIL plays a central role in the security, governance, and long-term objectives of the Nillion network. Its core functions include: 🔥Coordination services: NIL is used for transactions, accessing network resources, and paying for usage fees across the network. 🔥Blind Computation: NIL facilitates secure storage and computation, protecting privacy for applications. 🔥Staking: Users can stake NIL to enhance security, validate computations, and earn rewards. 🔥Governance: NIL holders can participate in and vote on key network decisions. Characteristics of Nillion Network High Value Data (HVD) High Value Data refers to data extremely crucial to organizations or individuals due to its significant impact on people's lives. HVD spans across various fields: from artificial intelligence to trading information (leverage and limit orders), identity, healthcare data, access control, decentralized social networks, passwords, and biometrics. These high value data sets are indispensable parts of societal infrastructure. Nillion Network decentralizes high value data using cryptography, not only as a defensive strategy against threats but also as a proactive step towards new use cases and a fairer data ecosystem. This approach ensures that individuals can provide sensitive information in digital spaces without excessive concerns, guaranteeing privacy and convenience on the internet. Multi-Party Computation (MPC) Multi-Party Computation, or MPC, is a method of collaborative computation that addresses the privacy protection challenge while allowing parties to compute based on shared data without revealing the actual inputs of each party. Simply put, MPC supports computations without disclosing sensitive information, such as high value data or sensitive customer information. MPC operates by using cryptographic algorithms and security protocols to ensure that original data remains confidential throughout the computation process. Instead of sending raw information over the network or unlocking data vaults, participating parties interact with encrypted segments. These computations are designed to yield desired results without disclosing any detailed information about the initial data. MPC finds practical applications in various fields. For instance, in healthcare, organizations or personnel can analyze patient data from multiple sources without disclosing specific medical conditions or personal information. MPC is also utilized in auction activities where participants can submit proposals, financial bids, or items without revealing their identities to competitors. Therefore, MPC not only safeguards privacy but also opens up new opportunities for secure and fair information analysis and utilization. Nillion's MPC Protocol Nillion's MPC protocol extends Linear Secret-Sharing Schemes (LSSS) to enable non-linear operations. The protocol operates in two main phases: Pre-processing: Generates and distributes shares (masks) for each factor and term using MPC techniques independent of input values, ensuring security for future computations. Computation: Divided into input, evaluation, and output stages. Participants combine shares with inputs to create masked factors, perform computations on these multiplicatively homomorphic masked factors, and aggregate results safely. Key features of Nillion's MPC Protocol include decentralized computation, efficient pre-processing based on input quantities, asynchronous computation without message exchange, and Information-Theoretic Security (ITS) to safeguard against unlimited computational efforts to steal customer data. Operation mechanism Nillion Network provides an optimal environment for developers to build decentralized applications capable of high-security data storage. The project employs the Nada programming language to define blind computation programs. The platform adopts a decentralized storage model to distribute on-chain data, ensuring privacy and high-speed computation capabilities on fundamental data. Unlike many current blockchain projects, Nillion Network's network nodes do not need continuous communication for transactional information storage. The platform's structure comprises three main layers: 👉Processing layer: Nodes deployed using the Nillion Node Development Kit (NDK) connect to form secure data processing clusters. 👉Coordination layer: A blockchain application environment supporting internal nodes, managing payments, and coordinating network resources. 👉Connectivity layer: Facilitates network integration with off-chain systems and diverse blockchains to expand access to computation and storage capabilities on the Nillion Network. Roadmap Phase 0 👉Testnet Genesis 👉Testnet Petnet 👉Verification Program Phase 1 👉Mainnet Genesis 👉Blind Compute modules operational 👉Community Airdrop Phase 2 👉Integration with partner chains 👉Blind Compute orchestration modules operational 👉Nucleus Cohorts active Phase 3 👉Auditing and validation of general computation layer 👉Ecosystem exploration Phase 4 👉Permissionless scaling 👉Enhanced decentralization What Is Binance Launchpool? Binance Launchpool is a staking-based token distribution platform that allows users to earn newly launched tokens by locking their existing assets. Unlike Binance Launchpad—where users have to commit BNB to purchase tokens—Launchpool enables participants to farm new assets passively. The key difference between Launchpad and Launchpool is that no upfront purchase is required. Instead of buying tokens, users earn them by staking BNB, stablecoins, or other supported assets into liquidity pools. The more you stake, the more rewards you receive, making it a low-risk way to gain exposure to new projects. How Binance Launchpool Works? Participating in Binance Launchpool is straightforward, and unlike Launchpad, it offers greater flexibility when it comes to accessing funds. Here’s how it works: 👉Step 1: Staking Your Assets Users can choose a project currently listed on Binance Launchpool. Supported assets typically include BNB, stablecoins like FDUSD, or other tokens. Users can allocate funds to a specific staking pool, committing their assets to farm new tokens. 👉Step 2: Earning Rewards Once staked, users begin earning new tokens immediately, based on the amount they’ve locked. Rewards are distributed proportionally—the more you stake, the more tokens you receive. Farming periods usually last a few weeks, but users can claim their rewards daily. 👉Step 3: Claiming and Unstaking Assets Users can withdraw earned tokens at any time, rather than waiting until the farming event ends. If needed, participants can unstake their original assets anytime, giving them full control over their funds. Once the farming period concludes, the newly acquired tokens are listed on Binance for trading. Benefits of Binance Launchpool Binance Launchpool offers several advantages that make it an appealing alternative to traditional token sales. Earn New Tokens Without Direct Investment Unlike Launchpad, where users purchase tokens, Launchpool allows users to farm new assets by simply staking their existing holdings. Flexibility to Unstake Funds Anytime Unlike many staking or farming platforms that lock assets for fixed periods, Launchpool offers full control over staked funds. Users can unstake their assets at any time, allowing them to reallocate funds elsewhere if needed. Fair Token Distribution Model Tokens are distributed proportionally, ensuring that all participants receive a fair share based on their staked amount. Access to Vetted Projects with Binance’s Backing Just like Binance Launchpad, Launchpool only features projects that have been thoroughly vetted by Binance’s investment and listing teams. This adds a layer of trust and legitimacy, reducing the risk of fraudulent or low-quality projects. Global Exposure and Liquidity Post-Farming Once the farming period ends, the tokens are listed on Binance, providing liquidity and multiple trading pairs. This ensures that newly launched assets are available for trading without the delays often seen in smaller token launches. How to Use Binance Launchpool 1. Ensure You Have a Binance Account & Supported Assets To use Launchpool, you need a verified Binance account. 👉Make sure you have BNB, FDUSD, or other supported tokens in your Binance wallet, as these are typically required for staking. Find an Active Launchpool Project - The current one is NILLION 🔥 Navigate to “Launchpool” from the Binance homepage. Scroll down to the Launchpool section, where you’ll see active and upcoming farming opportunities. Click on a project to view details such as farming period, rewards, supported tokens, and APY. Choose a Staking Pool & Allocate Funds Each project has multiple staking pools (e.g., BNB pool, stablecoin pool, or other token pools). Select a pool and enter the amount of assets you want to stake. Your funds will be locked for farming, but you can unstake them anytime if needed. Earn & Claim Rewards Once your assets are staked, you’ll start earning new tokens in real time. Rewards are distributed proportionally based on the amount staked. You can claim your rewards anytime, rather than waiting for the farming event to end. Unstake & Withdraw Funds Unlike many staking programs, Binance Launchpool offers full flexibility—you can unstake your funds at any time. Once the farming period ends, your earned tokens and staked assets will be automatically credited to your Binance spot wallet. 🔥Farm NIL here ( still few hours to go ):🔥 https://launchpad.binance.com/en/launchpool/NIL_BNB #BinanceLaunchpoolNIL
Nillion ( NIL ) - 65th Binance Launchpool Project! And why to participate and farm it
Nillion (NIL) – a decentralized computing network for secure data processing and privacy — becomes the 65th project listed on Binance Launchpool. The Launchpool allows participants to earn new tokens by staking existing cryptocurrencies, offering a low-risk method for participating in network ventures. What is Nillion (NIL) and Why Does it Matter? Nillion calls itself a decentralized network built for so-called “blind computing,” which may enable secure data processing without losing privacy. In a world where data breaches and privacy violations are a growing concern, the promise of technologies like Nillion’s is considerable. Now, imagine medical researchers that need to perform analysis on highly sensitive patient data in order to develop cures for diseases. With Nillion, they might be able to do this analysis without ever having direct access to the raw, identifiable patient data, thereby preserving privacy regulations. Users can invest BNB, FDUSD and USDC into the NIL reward pool on the Launchpool website after 08:00 on March 21, 2025 (Eastern Time Zone 8) to obtain NIL. The activity will last for a total of 3 days. Binance will list Nillion (NIL) at 13:00 UTC Time on March 24, 2025, and open NIL/USDT, NIL/BNB, NIL/FDUSD, NIL/USDC and NIL/TRY trading markets, with seed tag trading rules applicable. Launchpool Details 👉Token Name: Nillion (NIL) 👉Total Token Supply: 1,000,000,000 NIL 👉Maximum Token Supply: Unlimited (depending on the release type and autonomous governance, the annual inflation rate is 1%) 👉Total Launchpool: 35,000,000 NIL (3.5% of the maximum token supply) 👉Additional 25,000,000 NIL will be allocated for marketing activities 6 months after spot listing. 👉Initial circulation: 195,150,000 NIL (19.52% of total token supply) 🔥Restrictions: KYC required 👉Individual hourly reward hard cap: 💪BNB mining pool: 38,888 NIL 🔥Reward pool: 👉BNB pool: total reward 28,000,000 NIL (accounting for 80%) 👉FDUSD pool: total reward 3,500,000 NIL (accounting for 10%) 👉USDC pool: total reward 3,500,000 NIL (accounting for 10%) 👉Event time: March 21, 2025 08:00 (Eastern Time Zone 8) to March 24, 2025 07:59 (Eastern Time Zone 8) 🔥Team Information The project team includes Alex Page (CEO), former Hedera SPV partner and Goldman Sachs banker; Andrew Masanto (Chief Strategy Officer), Hedera co-founder and Reserve founding CMO; Slava Rubin (Chief Brand Officer), Indiegogo founder; Dr. Miguel de Vega (Chief Scientist), who holds more than 30 data optimization patents; Conrad Whelan (Founding CTO), Uber founding engineer; Mark McDermott (Chief Operating Officer), former Nike innovation director; Andrew Yeoh (Chief Marketing Officer), Hedera's early senior vice president partner and former UBS and Rothschild banker, etc. Since its inception, the team has raised $50 million in private equity financing from investors including Hack VC, Hashkey Capital, Distributed Global and Maelstrom. Nillion Token Economics NIL token is the core of the Nillion blind computing network. It is both the utility token of the network and the governance mechanism. With a total supply of 1 billion, NIL aims to coordinate the incentives of all network participants while achieving sustainable growth of the ecosystem. Supply Side: Allocation and Unlocking
Token AllocationThe majority of the token supply (45%) will be used for community and R&D to continuously improve the technology, demonstrating a focus on sustainable growth rather than short-term gains. The protocol also reserves 7.5% of the total supply (75 million NIL) for the Genesis Airdrop to early supporters and builders, targeting those who have made meaningful contributions to the development of the network. Unlock Schedule Token release will follow a planned unlock schedule: 👉Initial circulating supply is approximately 13.9% (139.6 million tokens) 👉Main unlock event begins 6 months after genesis, reaching ~30% of supply 👉Gradually increasing to ~48% by 12 months after TGE 👉Long-term linear vesting of team and ecosystem allocations How to participate in Binance Launchpool Step 1: Access Binance Launchpool 👉First, log in to your Binance account. Then, from the main interface of the application, tap on Launchpool (Launchpool belongs to this section).
You will see a list of projects running Launchpool. Step 2: Select the project you want to join
On the Launchpool page, you'll see new projects running. Select the one you're interested in, and click on the project name to see details. Step 3: Staking assets into the pool
Once you have selected the project, you can choose between staking pools (BNB, FDUSD, USDC). Click the Lock button. Enter the amount of BNB, FDUSD, USDC you want to stake. The system will automatically calculate the reward you receive based on the amount of coins you stake. Step 4: Get reward tokens Once staked, you can check your daily token rewards in the Reward History or Pending Harvest section. Reward tokens can be claimed to the Spot wallet at any time during the Launchpool project. Some notes when participating in Launchpool 🔥No additional costs: You do not have to pay any transaction fees when staking on Launchpool. 🔥Freedom to cancel staking: You can withdraw staked coins at any time without penalty. 🔥Rewards are updated every hour: Rewards will be accumulated and updated continuously, you can track the number of tokens you receive at any time. Why join Binance Launchpool? 🔥Opportunity to earn new tokens without investing capital: This is a safe way for you to try your hand at new projects without having to buy tokens in the first place. 🔥Optimize existing assets: If you are holding unused BNB, FDUSD, Launchpool is your opportunity to earn more profit without having to trade. #BinanceLaunchpoolNIL
Hey guys, $USDC, a regulated stablecoin issued by Circle, has been available on the Hedera network, known for its fast settlement times (3 seconds), low fees ($0.0001 per transaction in HBAR), and high scalability already for quite a long time but integration into Binance is a huge step for @HBAR Foundation and in general for Defi Growth The integration is particularly significant as it addresses the need for on and off-ramps for stablecoins, facilitating easier access for users to engage with Hedera's DeFi ecosystem. Also with this Integrations on Binance all of us have a great Yield Opportunity. And trust me, everyone loves passive income! You can earn 17% APR through lending and borrowing on Bonzo Finance, or score 20% APR by providing liquidity on SaucerSwap DEX—all powered by Hedera’s lightning-fast, low-fee transactions. You can transfer your Hedera USDC from Binance to your wallet and then deposit it into Bonzo Finance or SaucerSwap to take advantage of these yields. Don't miss the Opportunity here guys! Let's dive in into the both Yield Opportunities 👉Bonzo Finance supports a variety of assets, including HBAR, HTS tokens, and stablecoins like USDC, with an overcollateralized loan system and flash loans for advanced users. The protocol's integration with wallets like HashPack and Kabila enhances accessibility, and it is based on the Aave v2 protocol, ensuring robustness. 👉SaucerSwap, a leading DEX on Hedera, is reported to offer a 20% yield for USDC in yield farming, as per the user's query. SaucerSwap operates with two versions, V1 and V2, utilizing Hedera's high transaction throughput and low fees, and is known for its yield farming opportunities through liquidity provision. How to Hedera USDC from Binance to these protocols. Here are the simple steps: 👉Buy hUSDC on Binance 👉Open Binance and buy USDC with fiat or crypto. 👉Withdraw it using the Hedera (HBAR) network. 👉 Send hUSDC to Your HashPack Wallet 👉Download HashPack Wallet (the best for Hedera DeFi). 👉Create or connect your wallet. 👉Receive your hUSDC from Binance. 👉 Connect to Hedera DeFi & Start Earning 🔥Use Bonzo Finance for 17% APR on lending. 🔥Use SaucerSwap DEX for up to 20% APR in liquidity pools.
But actually why Why USDC on Hedera is a Game-Changer in my personal opinion 🔥Lightning-Fast Transactions – No more waiting. Finality in 3-5 seconds means your funds move when you need them to. 🔥Near-Zero Fees – Hedera charges just $0.0001 per transaction. That's amazing! 🔥Scalability Without Limits – Unlike traditional blockchains that choke under heavy traffic, Hedera can process thousands of transactions per second and this is super impressive! 🔥Unbreakable Security – Hedera’s asynchronous Byzantine Fault Tolerance (aBFT) keeps your funds safe, secure, and immune to network failures or malicious attacks. 🔥Trusted by Giants – With a governance council including Google, IBM, Dell, and other global leaders, Hedera isn’t just another blockchain—it’s built for the years ahead! @Hedera @HBAR Foundation
Hey guys, $USDC, a regulated stablecoin issued by Circle, has been available on the Hedera network, known for its fast settlement times (3 seconds), low fees ($0.0001 per transaction in HBAR), and high scalability already for quite a long time but integration into Binance is a huge step for @HBAR Foundation and in general for Defi Growth The integration is particularly significant as it addresses the need for on and off-ramps for stablecoins, facilitating easier access for users to engage with Hedera's DeFi ecosystem. Also with this Integrations on Binance all of us have a great Yield Opportunity. And trust me, everyone loves passive income! You can earn 17% APR through lending and borrowing on Bonzo Finance, or score 20% APR by providing liquidity on SaucerSwap DEX—all powered by Hedera’s lightning-fast, low-fee transactions. You can transfer your Hedera USDC from Binance to your wallet and then deposit it into Bonzo Finance or SaucerSwap to take advantage of these yields. Don't miss the Opportunity here guys! Let's dive in into the both Yield Opportunities 👉Bonzo Finance supports a variety of assets, including HBAR, HTS tokens, and stablecoins like USDC, with an overcollateralized loan system and flash loans for advanced users. The protocol's integration with wallets like HashPack and Kabila enhances accessibility, and it is based on the Aave v2 protocol, ensuring robustness. 👉SaucerSwap, a leading DEX on Hedera, is reported to offer a 20% yield for USDC in yield farming, as per the user's query. SaucerSwap operates with two versions, V1 and V2, utilizing Hedera's high transaction throughput and low fees, and is known for its yield farming opportunities through liquidity provision. How to Hedera USDC from Binance to these protocols. Here are the simple steps: 👉Buy hUSDC on Binance 👉Open Binance and buy USDC with fiat or crypto. 👉Withdraw it using the Hedera (HBAR) network. 👉 Send hUSDC to Your HashPack Wallet 👉Download HashPack Wallet (the best for Hedera DeFi). 👉Create or connect your wallet. 👉Receive your hUSDC from Binance. 👉 Connect to Hedera DeFi & Start Earning 🔥Use Bonzo Finance for 17% APR on lending. 🔥Use SaucerSwap DEX for up to 20% APR in liquidity pools.
But actually why Why USDC on Hedera is a Game-Changer in my personal opinion 🔥Lightning-Fast Transactions – No more waiting. Finality in 3-5 seconds means your funds move when you need them to. 🔥Near-Zero Fees – Hedera charges just $0.0001 per transaction. That's amazing! 🔥Scalability Without Limits – Unlike traditional blockchains that choke under heavy traffic, Hedera can process thousands of transactions per second and this is super impressive! 🔥Unbreakable Security – Hedera’s asynchronous Byzantine Fault Tolerance (aBFT) keeps your funds safe, secure, and immune to network failures or malicious attacks. 🔥Trusted by Giants – With a governance council including Google, IBM, Dell, and other global leaders, Hedera isn’t just another blockchain—it’s built for the years ahead! @Hedera @HBAR Foundation
Binance announces the launch of Solv Protocol on its Megadrop platform! How to Participate?
Binance announces the third project on the Megadrop platform - Solv Protocol (SOLV token) - with a reward of 588,000,000 SOLV. Binance launches the third project on the Megadrop platform named Solv Protocol (SOLV token). This is a BTC staking protocol aimed at building a financial ecosystem around Bitcoin. Details of Solv Megadrop: 👉Token name: Solv Protocol (SOLV) 👉Maximum total supply: 9,660,000,000 SOLV (can be increased through network governance for Bitcoin reserve offering) 👉Genesis token total supply: 8,400,000,000 SOLV (86.96% of maximum total supply) 👉Megadrop reward: 588,000,000 SOLV (7% of Genesis supply, accounting for 6.09% of maximum supply) 👉Initial supply at listing: 1,482,600,000 SOLV (17.65% of Genesis supply, accounting for 15.35% of maximum supply) What is Solv Protocol? Solv Protocol is a platform that supports generating interest to bring profits to investors from crypto assets. Solv has launched SolvBTC, SolvETH, and SolvUSD, providing yield opportunities for BTC, ETH, and stablecoins USDC and USDT, aiming to offer native yield for a variety of assets. Users can maximize capital utilization and earn interest in the Bull market by holding Solv Protocol products. Solv Protocol is a unified Bitcoin liquidity layer, connecting Bitcoin's trillion-dollar economy with DeFi by consolidating dispersed liquidity through SolvBTC. SolvBTC offers Bitcoin holders access to LST, supporting yield earning on Bitcoin across any chain. By staking with Solv, Bitcoin remains liquid, allowing users to leverage a range of DeFi applications. Solv Finance introduces various yield and asset opportunities in the crypto sector, aiming to become crucial infrastructure linking liquidity across DeFi, CeFi, and TradFi. The project's founding team includes Meng Yan, former Vice President of CSDN, and Will Wang, who led the design and development of the world's largest bank accounting system based on open and distributed technology, along with experienced co-founders and team members. Solv raised a total of $14 million in funding from notable investment funds such as Binance Labs, Blockchain Capital, Jump Capital, etc. Solv Protocol has undergone comprehensive security audits by Quantstamp, Certik, SlowMist, Salus, and Secbit, ensuring the highest safety standards. As of July, Solv Finance has over $1.31 billion in TVL from more than 303,000 users. What is SolvBTC? SolvBTC is the flagship product of the ecosystem, helping users seamlessly engage in the growing "BTCFi" space. SolvBTC is now available on Ethereum, BNB Chain, Arbitrum, and Merlin Chain. SolvBTC acts as a key to DeFi supported by Bitcoin across all chains. SolvBTC is guaranteed 1:1 by Bitcoin or Wrapped Bitcoin. SolvBTC and its derivatives provide yield that can be integrated with various DeFi protocols, offering flexibility and maximum access to the thriving BTCFi ecosystem. Key integrations include: DEXs: Providing instant liquidity and access to high-quality yields for SolvBTC holders. Lending protocols: Allowing SolvBTC holders to lend their tokens, earning profit based on leveraged interest positions. Yield trading protocols: Enabling users to trade future yields of SolvBTC derivatives, manage yield volatility, and optimize profits.
Features of Solv Protocol ERC-3525 In September 2022, the Ethereum Foundation approved ERC-3525 Semi-Fungible Token (SFT) as the 35th ERC standard. ERC-3525 combines the quantity characteristics of ERC-20 (ability to issue any quantity) and the uniqueness of ERC-721 (uniqueness of NFTs). The Solv technical team, creators of ERC-3525, has open-sourced this protocol, and many development groups are building products in various fields such as RWA, DeFi, and social applications based on ERC-3525. The basic stUSD Vault is in private testing, supported by $900,000 of trial capital provided by the Solv team to verify effectiveness and reliability. All users can track the performance and returns of this trial fund in real-time via the Solv interface. stUSD reached an ATH APY of 44.5%. Risk management tools Non-custodial solution With Solv Protocol, all user assets and liquidity pool LP tokens are stored in smart contracts, ensuring assets are not affected by third parties. Multi-party controlled Vaults Solv Protocol applies decentralized MPC to manage capital, with transactions jointly controlled by multiple parties. Custodians, managers, and liquidators all control transaction rights under integrated protection rules in the contract code. Even with consensus, no one can transfer assets out of the system. This design minimizes counterparty risk, increases transaction flexibility, and restricts unauthorized withdrawals. NAV management base on oracles Solv uses an oracle-based NAV management system to ensure the face value of fund shares matches the value of underlying assets. This protects investment decisions, redemptions, and payments. Additionally, this mechanism ensures tokens issued by the platform accurately reflect value, allowing seamless integration of Solv fund tokens into the DeFi ecosystem. Efficient settlement In volatile market conditions, Solv Protocol can use the oracle-based NAV management system to timely capture changes in the net value of funds and execute settlements, ensuring the platform can respond quickly to fluctuations in fund value. Enhanced security system Custodians Solv Protocol prioritizes user asset security and control through technical architecture and strategic partnerships with leading crypto custodians and auditors. Utilizing advanced security measures, comprehensive audits, and top crypto custodians like Copper, Ceffu, Cobo, and Fireblocks, Solv Protocol ensures safe and transparent collateral asset management. Custodians provide "Off-Exchange Settlement" solutions, allowing Solv to authorize and deauthorize assets to and from centralized exchanges without physically transferring assets. This minimizes risks related to exchange failures, ensuring actual asset ownership belongs to Solv. Solv Guard Solv Guard is an intermediary layer between underlying assets and user assets, adding an extra security mechanism on top of smart contracts. Solv Guard can be customized for individual asset group trading strategies, allowing control and customization of asset manager authorities. The main role of Solv Guard is to limit the multi-signature function of the "Safe" smart contract wallet within a specific scope. Solv Guard configures a Guardian Vault for each Vault, specifying target addresses and their permissions. To ensure security and upgradability, Solv Guard has a separate governance mechanism from its operational mechanism. Solv Vault Guardian is responsible for execution, while the Governor controls governance, potentially managed by the community and asset managers. This includes a Time Lock feature to ensure transparency and user choice. The Governor has broad powers, including upgrading the Guardian, adding or removing authorizations, managing native token transactions and whitelisted addresses, transferring Governor powers, or permanently disabling governance rights. Even if there are issues with the Guardian, the Governor can take timely remedial measures to maximize user asset protection. Reward system Solv has launched a reward system to encourage user participation in its ecosystem. In the first phase, users can earn basic experience points (XP) by depositing into Solv Vault, with XP earned increasing based on the amount and time staked. Additionally, users can invite friends to receive a commission equivalent to 10% of the invited user's basic XP. Users can also receive additional XP bonuses by reaching certain investment thresholds or participating in community activities. Accumulated XP can be used to receive SOLV token airdrops and participate in BTC-Fi ecosystem airdrop activities. However, SolvBTC purchased on the secondary market does not count for XP. What is Binance Megadrop? Binance Megadrop is a platform for launching new tokens, integrating Binance Simple Earn and Binance Web3 Wallet, which increases the opportunity to access new Web3 projects before they are listed. It combines interaction, learning, and rewards, providing a unique experience in the Binance ecosystem and cryptocurrency space. How to participate in Binance Megadrop 👉Log in to your Binance account.
👉Sign up for the BNB Locked product or complete Web3 tasks to accumulate points.
👉Complete Web3 tasks on the Binance app to receive a point multiplier.
👉Receive Megadrop rewards based on total points. Megadrop reward distribution mechanism Rewards are calculated based on the user's accumulated points ratio to the total accumulated points of all users. 👉Locked BNB points: Calculated based on the number of BNB locked and the locking duration. 👉Web3 task bonus and boost: Calculated when completing designated tasks. 👉Points calculation formula: Total Points = (Locked BNB Points * Web3 Multiplier) + Web3 Task Bonus. Note: Megadrop is only available for eligible regions. Rewards will be airdropped to users' Spot Binance wallets. #SolvProtocolMegadrop
AI is undoubtedly one of the hottest fields globally today, with both cutting-edge startups like OpenAI in Silicon Valley and domestic players such as Moonshot and Zhipu Qingyan joining the AI revolution. Not only is AI leading trends in technology, but it is also one of the standout sectors in the cryptocurrency market this year.
🔥DIN stands out as the first modular AI data preprocessing layer, demonstrating notable technical innovation and unique advantages. Its core technology involves decentralized data validation and vectorized processing, offering efficient and reliable data preprocessing services. This approach not only enhances data processing efficiency but also ensures data security and privacy. Additionally, DIN’s Chipper Node nodes have significant advantages in data validation and reward calculations, allowing node holders to directly participate in the network’s operation and maintenance, further strengthening the network’s decentralization and robustness.
💪Market Potential
The vast potential of the AI and data markets is a key driver for DIN’s development. With the rapid advancement of artificial intelligence and big data technologies, the demand for high-quality data is growing. DIN, with its innovative technology and business model, provides efficient data preprocessing services for AI models, significantly reducing data acquisition and processing costs. This positions DIN advantageously in the competitive market, with substantial market potential and growth prospects.
💪Capital Background
DIN’s strong capital backing and supporters enhance its market competitiveness. The project has completed $4 million in seed funding and $4 million in pre-IPO funding, with a current valuation of $80 million. Notably, DIN has received support from top investment institutions like Binance Labs, providing ample financial security and robust resources and network support for its future development.
1. What is Usual? USUAL is a secure and decentralized legal stablecoin issuer that redistributes ownership and governance through $USUAL tokens. Usual is a multi-chain infrastructure that aggregates the growing supply of tokenized real-world assets (RWA) from entities such as BlackRock, Ondo, Mountain Protocol, M0 or Hashnote, turning them into permissionless, on-chain verifiable, composable stablecoins ( USD0 ). Often built around redistributing power and ownership to users and third parties, similar to the scenario where Tether's TVL providers own the company and its associated revenue.
Why Usual? USUAL is about redistributing power and wealth to the people who actually support the platform. With popular stablecoins like Tether (USDT) and Circle (USDC), the companies behind them made over $10 billion in revenue in 2023, and their total valuation is more than $200 billion! But the users who contribute to their success don’t get any share of that money. USUAL, on the other hand, allows users to share in the value and success created. This is especially meaningful because it addresses a major issue in decentralized finance (DeFi): while there are billions in assets like US Treasury Bills available on-chain, not many DeFi users hold RWAs. For early users who are willing to take risks, USUAL’s model rewards them, giving them a fair share of the success they help create. Usual's Vision 🔥Rebuilding Tether On-Chain: Neutrality and Transparency Cryptocurrency requires a fully on-chain fiat-backed stablecoin, supported by an infrastructure that ensures enhanced neutrality, transparency, and security. Usual introduces a model designed to rebuild Tether entirely on-chain. In this system, the issuer is controlled by the holders of the Usual governance token. This includes decisions on risk policy, the nature of collateral, and liquidity incentive strategies. 2. Fiat stablecoins need to stay away from bankruptcy Fiat-backed stablecoins are partially backed by reserves held by commercial banks. This makes them subject to the fractional reserve practices of these banks, which undermines the security and stability of stablecoins. The recent collapse of SVB Bank highlights the systemic risk that commercial banks pose to DeFi due to undercollateralization. The first requirement for stablecoins is to ensure that their value remains stable relative to the currency they represent. Users must have firm confidence in the security of their capital. The collateral model provided by Usual is not linked to the traditional banking system, but directly to short-term bonds. The security provided by this prudent approach is strengthened by strict risk policies and insurance funds. 🔥End the Privatization of Profits Tether and Circle generated over $10 billion in revenue in 2023 and are valued at over $200 billion. However, this wealth is not shared with the users who contribute to their success. Usual aims to provide an alternative to fiat-backed stablecoins that privatizes profits on customer deposits while socializing losses. The centralized players behind the major fiat-backed stablecoins replicate the problematic structures of traditional banking, which is contrary to the principles of decentralized finance. Usual's approach aims to create a more equitable financial system by redistributing value and power more equitably among all users. Usual's goal is to make users owners of protocol infrastructure, funding, and governance. By redistributing 100% of value and control through its governance token, Usual ensures its community is in control. The Usual protocol distributes its governance tokens to users and third parties who contribute value, realigning financial incentives and returning power to participants within the ecosystem.
🔥Revolutionizing Stablecoin Ownership and Revenue Redistribution Some models redistribute part of the revenue generated by stablecoins. However, Usual adopts a different model where users pool the revenue generated by stablecoin collateral. This revenue constitutes the protocol's funds. In return, users receive governance tokens that give them control over the protocol, funds, and future revenue. This mechanism not only redistributes revenue, it also redistributes ownership of the system. It provides incentives for early adopters and offers them huge upside potential. The transparent and public distribution of governance tokens ensures that the interests of all participants are aligned. $USUAL Token $USUAL token will be playing a major role in decision-making processes within the platform, for example enabling arbitrage for its tokenized Treasury Bill or other risk-management strategy improvements. Furthermore, it will be a main tool for rewarding $USD0++ holders with a yield generated from the same US Treasury Bill. USUAL Tokenomics Usual is community-driven, with 90% allocated for the community and 10% for insiders.
🔥Usual Labs pros in my personal opinion 🔥 👉Prospective concept & design; 👉Relatively low token inflation rate for the first 2 years after the TGE (~20%); 👉Presence of security audits from top-tier companies; 👉FDV is almost 10 times lower than its closest competitors in the niche of decentralized stablecoins, Ethena; 👉Low Initial MC ( only 12.37% of the FDV); 👉Good PR and Influencer Marketing performance; 👉Above the average Marketing Infrastructure, SEO, SMM, and Growth Marketing scores; 👉Diverse network of prominent funds and angel investors; 👉Wide network of partners, actively supporting and collaborating with the project; 👉Listing and IEO on Binance; 👉The protocol’s CEO has worked for the French Parliament. Usual Binance Launchpool Details The Binance Launchpool will start farming for USUAL tokens on 2024-11-15 at 00:00 (UTC). Here’s how it works: Binance users can lock their BNB or FDUSD in designated pools to start earning USUAL tokens as rewards. The Launchpool will distribute an initial circulating supply of 300,000,000 USUAL as rewards over 4 days, which makes up 7.5% of the total token supply. For those interested, here’s a breakdown of the reward allocation: BNB Pool: This pool will have the majority of the rewards, with 255,000,000 USUAL (or 85% of the reward tokens). FDUSD Pool: This smaller pool will offer 45,000,000 USUAL (or 15% of the reward tokens). The farming period ends on 2024-11-18 at 23:59 (UTC), so it’s a short, fast opportunity to earn rewards. Conclusion All aspects of the crypto industry evolve continuously, with various protocols constantly innovating and implementing new ideas. This applies to stablecoins as well. Initially, there were fiat-backed stablecoins with custodial collateralization (like Tether, Circle, and others) because this was the simplest and most straightforward implementation. Then came crypto-backed stablecoins (like MakerDAO, Frax). After that, algorithmic stablecoins emerged, but they were not very stable. In late 2022 and early 2023, there was a boom in LST-backed CDP stablecoins, which quickly faded partly due to the disparity between promised yields and the actual yields, which were only slightly higher than ETH staking returns. During this time, LSDFi protocols began integrating omnichain token technologies like LayerZero and Wormhole. Now, more sophisticated and well-thought-out stablecoin protocols with complex mechanics are emerging. These are based on extensive research and model testing, unlike the earlier LST-backed ones. Among such projects in Dewhales' focus are Tapioca and Usual, each using different approaches and cross-chain technologies. Unlike Tapioca, Usual employs two technologies—Axelar and Wormhole. Usual also has much simpler tokenomics, positioning itself on the opposite end of the spectrum from Tapioca. Will the new generation of stablecoins secure their place and establish themselves in web3, or will they be a fleeting phenomenon like LSDFi? These protocols are being developed by professionals with meticulous approaches and an understanding of market consolidation, so the question is more about how much market share they will capture. Only time will tell. #USUALonLaunchpool&Pre-Market #USUALLAUNCHPOOL #usual
How would dappOS become a leading Web3 project? Hot info for the current DappOS Airdrop Campaign!
Meta description: dappOS is an intent execution network that streamlines interactions for a more seamless and swift Web3 experience This rapid expansion of the Web3 ecosystem results in various decentralized systems and services for user empowerment, but these platforms are very often cumbersome to deal with. A great number of people can't get their heads around the complex idea of DeFi, NFTs, and decentralized apps, involving a lot of manual activities and detailed knowledge of blockchain technology. Here come dappOS, the intent execution network that smoothest and streamlines this interaction for a more seamless and swift experience. DappOS does away with the need for users to do manual operations, allowing them to focus on the ends while service providers handle the means. But what does this new paradigm shift presage for the future of Web3? And how will dappOS' unique approach to "earning yield while ready for use" assets impact the industry? Impact of the "Earning Yield While Ready for Use" Characteristic on the Web3 Industry Yield generation, combined with availability for utilization, has the potential to revolutionize asset management in the Web3 sector. For one, think about owning an asset that continues to accrue passive income while it remains liquid for immediate use in transactions, trading, or staking. This will make decentralized financial systems more appealing to a wide variety of users who are leery of the idea of locking their assets up in long-term contracts. In that respect, dappOS efficiently bridges the liquidity gap with returns, solving an age-old problem in the domain of decentralized finance. What would that bring to the table? This would mean that, in the Web3 space, retail and institutional investors alike use DeFi protocols and dApps. The better user experience, combined with the ability to earn without giving up one's liquidity, is expected to bring in swathes of new users into the decentralized ecosystem. Moreover, dappOS focuses on frictionless interaction, placing it as a catalyst to be used in popular adoption, especially among non-technical people who are not comfortable with the inner workings of blockchain. Improved Asset Efficiency Users used to be forced into a trade-off between generating some yield on their assets by staking, lending, etc., and having those assets liquid and ready to use in transactions or otherwise. This trade-off is removed for those assets that can generate income while still being available for use, thereby increasing asset usage efficiency. Improved Liquidity in DeFi Protocols This may enhance the liquidity of DeFi protocols through incentivized mechanisms that would keep users' assets involved in yield-earning activities even when they are not being utilized. That would steady the markets and reduce slippage, therefore making trading conditions better across the ecosystem. Wider Adoption of Web3 Users, more importantly, new users of Web3, are more likely to utilize a platform that effectively merges yield with accessibility. Of course, this can surely enable wider adoption by lowering the barrier of entry and making DeFi and other Web3 applications more palatable to mainstream life. Innovative asset management Innovative asset management allows for the development of innovative, improved, and more flexible solutions that can better manage assets. In other words, it allows developers to build dApps sophisticated enough to balance potential earnings against the need for instant liquidity in the creation of new financial products and optimize asset usage automatically. Increased User Retention and Engagement The feature is bound to increase the retention rate among its users manifold by creating an ongoing incentive to continuously stay on the site. Now, users can win continuously without sacrificing any other ongoing opportunity to participate in the activities to make it even more interesting. Why dappOS is Poised to Become a Leading Web3 Project in the Future In this universe of innovation that is Web3, dappOS shines because of the huge focus on users. Whereas most projects at the current stage emphasize the escalation of functionality, dappOS places great importance on the user experience. It puts effort into rendering decentralized services available to anyone. Their move to simplify the underlying complexity of blockchain interactions lowers the barrier to entry, allowing users—crypto newbies or veterans—to engage with Web3 without an extremely steep learning curve. Very user friendly Another important reason that puts dappOS in a good position to be successful in the future is its focus on efficiency. While working with any traditional form of a decentralized system, a user is required to perform every step of the process manually. In the case of dappOS, these steps are done by a service provider, and a user needs only to focus on his goals. This simplification of such fiddly tasks will drive those people and businesses that don't want to waste their time but value ease of use and efficiency toward the platform even more. Also, the commitment of dappOS to yield-earning opportunities with liquidity will likely change how users manage assets. As the feature gains momentum in adoption, it may just be what makes dappOS stand out as a trailblazer in the Web3 space and sets the new standard for DeFi platforms moving forward. Abstracting Complexity dappOS smoothes the experience of Web3 to make it more accessible to end-users. dappOS abstracts the complex process of handling dApps and blockchain networks for users, making the use of Web3 considerably easier for new and old users by reducing its learning curve to accessible levels. Seamless Integration DappOS does an excellent job of providing interoperability between the chains with seamless integrations to other blockchain networks. That is crucial in the context of an ever-expanding and diverse Web3 ecosystem where several blockchains service different use cases. With dappOS having bridges connecting the major players, this shall improve the value and attractiveness of dappOS. Efficient Scaling Solutions While the popularity of Web3 continues to increase, scaling remains a big concern. dappOS is built for efficient handling of high volumes of transactions, hence making it a very suitable platform for large-scale decentralized applications and services. It comes scalable, meaning dappOS can handle the load in future years with performance guaranteed. Robust Security dappOS addresses security-highly important for the success of any Web3 project. By integrating strong methods and processes regarding security, dappOS creates a secure platform to foster trust among users and developers alike, hence building ecosystem trust. Partnership and Collaboration dappOS can forge much-needed strategic partnerships and alliances with other blockchain initiatives, businesses, and organizations which will truly increase its scope and impact. This ecosystem will continuously be in development with new partners and users joining to help it remain competitive at the front in the Web3 arena. 🔥 The Joint Airdrop: Strengthening dappOS and Binance Web3 Wallet Ecosystems 🔥 dappOS has signed a cooperation for an airdrop event with Binance Web3 Wallet in pursuit of accelerating the expansion of its ecosystem. This remains the huge leap into innovating both ecosystems through combining dappOS' new intent execution network and Binance's large user base with solid Web3 infrastructure. What would this agreement mean? This agreement gives dappOS the ability to showcase its user-friendly system to a wider audience. Binance, known for its global reach and impact in the cryptocurrency market, offers tremendous attention to the airdrop event by enabling dappOS to get its potential across to millions of users. The event will be an awareness-raising promotion of dappOS, with a demonstration of how much the chain-level platform is capable of in making user interaction with blockchain systems easier. In turn, Binance Web3 Wallet will benefit from the deal by embedding the simplified user experience brought in by dappOS. The wallet will become easier to use for those users of decentralized finance who found the interaction with it too complex. Moreover, as consumers start using dappOS via the Binance Web3 Wallet, they will have an advantage in creating yield with the conservation of liquidity, which will turn the Binance ecosystem even more alluring for DeFi amateurs. What is best for the user Such a joint airdrop will give the users an opportunity to go further into both ecosystems for better interaction and, therefore, further growth of the projects. There is likely to be much buzz regarding such an event, which may attract more users and thus help dappOS grow its presence in the Web3 space, while solidifying Binance's position in the decentralized finance space. dappOS Ecosystem Airdrops have been a very good strategy for attracting new users and improving the initial level of engagement. Working with Binance Web3 Wallet will grant dappOS access to many users within the environs of Binance, which may add millions more users to its platform. It has the potential to increase the number of substantial dappOS users that help build a more alive community and ecosystem. Binance Web3 Wallet Ecosystem This will also give value to the Binance Web3 Wallet Ecosystem since this will push users in its direction by trying out and incorporating dappOS. Entering this within the context of increased wallet use and educating Binance's users in large-scale Web3 use will go hand in hand. It will reinforce the relationship that Binance Wallet users have with the community at large within Web3. In conclusion The strategic partnership with Binance Web3 Wallet will see dappOS fast-track its growth to become one of the top Web3 projects soon. DappOS is well on its way to playing an important role in the next generation of blockchain innovation, bridging decentralized finance with much ease and efficiency. As Web3 continues to mature, projects like dappOS, which focus on user experience and practical benefits, will become very important in determining the direction of the future. The role dappOS is likely to play in asset management, DeFi, and the entire blockchain space is huge. And it is only a matter of time before this game-changing platform becomes a household name in the Web3 community. #dappOSTtheFutureofIntents #BinanceWeb3Wallet! @dappOS_com
Sending my best wishes to the #BCCOIN community! May your project reach new heights, driving innovation and creating lasting impact in the crypto space. Here's to your continued success, strong collaborations, and a bright future ahead!
🔝 #TRX Tron is on the hype in connection with the launch of SunPump - Sentiment
TRX social media discussions are at their highest since 2021.
✔ There is potential for medium-term bullish price momentum in TRX:
1. There has been a noticeable surge in activity on the TRON network, with a sharp increase in the number of new wallets (TRX demand is growing/supply is shrinking).
2. Meme coins on the TRON blockchain are gaining huge popularity. The community is actively trading them, which is reminiscent of the previous meme coin hype.
3. The TRON ecosystem continues to develop and announce new partnerships.
4. Justin Sun's involvement and reputation adds credibility to the project.
The $72k level for Bitcoin being described as a "magnet" due to billions in short liquidations implies that this price point could attract significant market activity.
Crypto Revolution Masters
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Billions worth of short liquidations are pilling up around $72k for #Bitcoin.
Carv Protocol Insights and all you need to know including the Binance & CARV Airdrop
CARV Protocol is a decentralized finance (DeFi) project that aims to provide a secure and trustless platform for users to trade and swap digital assets. It operates on the Ethereum blockchain and utilizes smart contracts to automate transactions without the need for intermediaries. Features Decentralized Exchange (DEX): CARV Protocol offers a DEX where users can trade various cryptocurrencies and tokens securely. Liquidity Pools: Users can provide liquidity to the platform by depositing their assets into liquidity pools and earn rewards in return. Yield Farming: CARV Protocol allows users to stake their tokens and earn additional rewards through yield farming. Governance: Token holders can participate in the governance of the protocol by voting on proposals and changes to the platform. User Experience The platform is designed to be user-friendly, with a simple interface that allows for easy navigation and trading. Users can access the platform from their web browser or through compatible wallets.
Benefits of CARV Protocol Decentralization: CARV Protocol operates on a decentralized platform, providing users with autonomy over their assets without the need for intermediaries. Security: The protocol prioritizes security measures to safeguard users' funds and data against potential threats. Liquidity: By supporting a range of assets, CARV Protocol enhances liquidity, making it easier for users to trade and swap tokens. User Experience: The platform is designed with user experience in mind, offering a seamless interface for efficient navigation and interaction. Community Governance: CARV Protocol allows its community to participate in governance decisions, fostering a sense of ownership and involvement among users. Staking Rewards: Users have the opportunity to stake their assets on the platform and earn rewards, providing an additional incentive for engagement. Innovative Features: The protocol continues to introduce new features and functionalities to improve the overall user experience and expand its offerings. Future Integrations for CARV Protocol Compound: Integrating with Compound will enable users to earn interest on their deposited assets and borrow additional funds based on their collateral within the CARV Protocol platform. MakerDAO: Partnership with MakerDAO will provide users with access to decentralized stablecoins and the ability to generate DAI through collateralized debt positions, enhancing the stablecoin offerings on the CARV Protocol platform. Curve Finance: Integration with Curve Finance will enhance the efficiency of stablecoin trading and provide users with low-slippage swaps for assets pegged to the same value within the CARV Protocol platform. SushiSwap: Collaborating with SushiSwap will offer users access to a decentralized exchange platform with enhanced features like yield farming and staking opportunities on the CARV Protocol platform. Synthetix: Further deepening the partnership with Synthetix can bring more synthetic assets and trading options to users, expanding the range of financial products available on the CARV Protocol platform. Yearn Finance: Continued collaboration with Yearn Finance can introduce more yield farming strategies and optimization tools for users to maximize their returns on assets within the CARV Protocol platform. Unlock Exclusive Rewards with Binance and CARV In an exciting collaboration, Binance and CARV have launched an exclusive airdrop campaign, offering participants the chance to earn $CARV tokens and USDC. This limited-time event features a substantial prize pool of 1 million $CARV and 30,000 USDC, creating a significant opportunity for crypto enthusiasts and gamers alike. By participating in the campaign, users can engage in a series of tasks designed to maximize their rewards. How to Participate To join the Binance x CARV Airdrop, users need a Binance Web3 Wallet address. This versatile wallet, integrated within the Binance app, empowers users to manage their crypto assets securely and interact with decentralized finance (DeFi) applications. The participation process involves: Daily Check-in: Continuous daily check-ins reward users with points, with check-ins resetting every seven days. Bind Account: Connect your Binance Web3 Wallet to participate. Join Community: Engage with the CARV community to earn more points. Play & Earn: Participate in CARV’s gaming ecosystem to accumulate points. Prize Pool Details The total prize pool for this campaign is 1 million $CARV and 30,000 USDC. $CARV rewards will be distributed based on the proportion of points each user accumulates compared to all participants. Importantly, if multiple wallet addresses are linked to the same Binance UID, only the account with the highest points will receive the reward, while other accounts will be considered Sybil and will forfeit their rewards. Following the anticipated launch of the CARV Airdrop Claim Page in August, participants can log in using their wallet addresses to view and claim their $CARV rewards. USDC rewards will be distributed via airdrop directly into the winners’ wallets on BNBChain upon the conclusion of the event. CARV reserves the right to the final explanation regarding the campaign. The Binance x CARV Airdrop campaign is a unique opportunity for participants to earn substantial rewards while engaging with innovative blockchain technology. By completing tasks and accumulating points, users can maximize their chances of earning $CARV tokens and USDC. Don’t miss out on this exciting event — join the Binance x CARV Airdrop today and be a part of the future of decentralized finance and gaming. @CARV #CARVingTheFutureOfData #binanceweb3airdrop
TON - 56th Project on Binance Launchpool. Binance Super Earn Review! LFG 🔥
The leading cryptocurrency exchange, Binance, has announced Toncoin as the next project featured on their Binance Launchpool staking platform. The exchange has also introduced a new feature called Binance Super Earn, which allows stakers to earn a special APR for a limited time. Until September 3, you can earn Toncoin (TON) tokens on Binance simply by staking your TON, BNB, or the FDUSD stablecoin. You can withdraw the coins you’ve staked at any time and keep the TON token rewards. You can earn TON on Binance Launchpool between August 15 and September 3. The amount of token rewards you earn will depend on how many coins you stake. What is The Open Network (TON)? The Open Network (TON) is a blockchain-based platform originally developed by the team behind Telegram, a popular messaging app. TON was designed to enable fast, secure, and scalable transactions, with the ultimate goal of supporting a wide range of decentralized applications (dApps) and services. The project managed to reach many of its early goals. TON integration within the Telegram messenger is ever more prevalent and allows developers to build Web3 mini apps that are supported by blockchain. In addition, Telegram messenger comes with a TON wallet that allows users to send money from one another and participate in various DeFi use cases, like staking TON and USDT, and more. It’s worth noting that the project was originally envisioned as the Telegram Open Network, intended to provide a blockchain infrastructure that could support Telegram's vast user base with a native cryptocurrency called "Gram." Telegram's involvement with TON faced significant regulatory challenges, particularly from the U.S. Securities and Exchange Commission (SEC), which argued that the sale of Gram tokens constituted an unregistered securities offering. Due to these issues, Telegram officially stepped back from the project in 2020, and the community-led TON Foundation has taken over the development since then. Of course when it comes to price prediction with this Market is pretty hard to do any but in my personal opinion TON is a great long-term hold and the price will go consistently up next few months! How to earn TON tokens on Binance Launchpool If you want to earn Toncoin farming rewards, you’ll need a Binance account. Please keep in mind that only users who complete an identity verification process with Binance are eligible to participate in Toncoin farming on Binance Launchpool. Once your account is ready, you’ll need some BNB or FDUSD tokens to stake. If you already own these tokens, you can deposit some to your Binance account. Otherwise, Binance offers plenty of ways to buy them with crypto or fiat.
After your account is verified and loaded with BNB and/or FDUSD, go to the menu on the top side of the Binance interface and select "More." Then, go to "Launchpool." Then, find the available Toncoin farming pools. Depending on which tokens you want to stake, select the FDUSD Pool or BNB Pool. Then, follow the instructions provided by the exchange. As an important note, here’s a quick breakdown of key dates and information about the Toncoin Launchpool campaign:
TON to benefit from a higher APR introduced by Binance Super Earn Binance announced that TON would be listed on Binance Super Earn, a new platform that allows users to earn higher-than-average rewards (referred to as Special APR) by staking newly listed tokens through Simple Earn Locked Products. This opportunity is typically available right after the tokens are listed on Binance and is fully sponsored by the respective token projects. 🔥Key features of Binance Super Earn 🔥 👉The Annual Percentage Rate (APR) offered through Super Earn is generally higher than the typical rates on other Simple Earn Locked Products. This is because the rewards are funded by the token projects themselves as a promotional incentive to encourage users to hold and stake their newly listed tokens. 👉Super Earn is available for a short period after the token's listing and may include tokens distributed through airdrops, Launchpool, or other Binance events. 👉Users can subscribe to Super Earn products by selecting the desired token and duration on the Binance platform. If they choose to redeem their positions early, they can do so, but they will forfeit any accrued rewards. 👉Super Earn products are marked with a "Special Offer" tag on the Binance Simple Earn page, making them easy to identify. Super Earn presents a valuable opportunity for users, particularly BNB holders, to maximize their returns. Building on existing earning options like Megadrop, HODLer Airdrop, and Launchpool, Super Earn provides another avenue for users to increase their earnings by subscribing their BNB to Earn and participating in airdrops, then using the received tokens in Super Earn to secure additional APR. #BinanceLaunchpoolTON #Tonlaunchpool #BinanceSuperEarn