Nillion ( NIL ) - 65th Binance Launchpool Project! And why to participate and farm it
Nillion (NIL) ā a decentralized computing network for secure data processing and privacy ā 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 āblind computing,ā 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 Nillionās 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 šToken Name: Nillion (NIL) šTotal Token Supply: 1,000,000,000 NIL šMaximum Token Supply: Unlimited (depending on the release type and autonomous governance, the annual inflation rate is 1%) šTotal Launchpool: 35,000,000 NIL (3.5% of the maximum token supply) šAdditional 25,000,000 NIL will be allocated for marketing activities 6 months after spot listing. šInitial circulation: 195,150,000 NIL (19.52% of total token supply) š„Restrictions: KYC required šIndividual hourly reward hard cap: šŖBNB mining pool: 38,888 NIL š„Reward pool: šBNB pool: total reward 28,000,000 NIL (accounting for 80%) šFDUSD pool: total reward 3,500,000 NIL (accounting for 10%) šUSDC pool: total reward 3,500,000 NIL (accounting for 10%) šEvent time: March 21, 2025 08:00 (Eastern Time Zone 8) to March 24, 2025 07:59 (Eastern Time Zone 8) š„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: šInitial circulating supply is approximately 13.9% (139.6 million tokens) šMain unlock event begins 6 months after genesis, reaching ~30% of supply šGradually increasing to ~48% by 12 months after TGE šLong-term linear vesting of team and ecosystem allocations How to participate in Binance Launchpool Step 1: Access Binance Launchpool šFirst, 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 š„No additional costs: You do not have to pay any transaction fees when staking on Launchpool. š„Freedom to cancel staking: You can withdraw staked coins at any time without penalty. š„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? š„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. š„Optimize existing assets: If you are holding unused BNB, FDUSD, Launchpool is your opportunity to earn more profit without having to trade. #BinanceLaunchpoolNIL
nice article, this is make everything simple and easy for newbie like me
Crypto Revolution Masters
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Cartesi - The Simple Way to Build in Web3. Updates!
Cartesi emerges as a Layer 2 scaling solution that streamlines decentralized application (dApp) deployment on every blockchain platform from Ethereum to Injective Protocol. It has tackled some of the biggest challenges in the industry by bridging on-chain and off-chain spaces in seamless harmony. Additionally, it opens doors to smart contract development through popular programming languages like Python by presenting a platform that runs across several blockchain networks. The Cartesi Machine The off-chain computing platform of the Cartesi Machine runs on RISC-V virtual technology in a Linux environment. Its importance is evident in several aspects: it proves to be cost-effective by decoupling computations from blockchain, hence minimizing gas fees; The Cartesi machine also: šmaintains security through a dispute resolution mechanism that makes off-chain results on-chain verifiable; šshowcases versatility by working on popular programming languages, thus bridging traditional software development to blockchain technology to create potential breakthroughs in areas like games, finance, AI, and data analysis. The Machine is constantly improved. This makes it compatible with other blockchain networks to secure its place in decentralized computing. Building on Cartesi Cartesi has a full set of traditional development toolchains, libraries, and languages to make it a general-purpose platform. This versatility supports all manner of varied projects: DeFi One example is DCA Monster which makes use of ERC20 streaming to implement dollar cost averages on-chain with its deployment on mainnet scheduled for 2025. Gaming A good example is RIVES. It is a next-generation gaming console that makes gameplay of games like DOOM or Nintendo titles provable. Players get to post their experiences on social networks and sell them as non-fungible tokens (NFTs). AI Its backward compatibility with popular AI libraries positions it uniquely to include AI provability so that it is future-ready in the fast-changing environment of AI. CTSI Token Utility CTSI is used as the utility token that drives the ecosystem of Cartesi. Its chief responsibilities include: š„Crypto-Fuel š„Powering protocols such as Noether. š„Staking and Rewards: š„It allows users to stake to receive rewards and contribute to network governance. š„Transaction Charges š„Serving as the medium of charge for inserting data on the side-chain. š„Smart Contract Execution š„Used in Descartes Rollups to make decentralized applications offload secure and provable computations to offload to other computers. Cartesi x EigenLayer The partnership of EigenLayer with Cartesi was in focus at a seven-day hackathon that was part of Cartesiās Experiment Week. They plan to improve security and scalability by unifying EigenLayerās restaking protocol with that of Coprocessor from Cartesi based on Linux. They further plan to drive innovation that would give birth to next-generation DeFi and verifiable AI applications as their developers push new technology hybrids while aiming to advance existing infrastructure. Through this strategic partnership, Cartesi reiterates its commitment to building a solid and innovative ecosystem at the forefront of addressing challenges and grabbing prospects in the blockchain space. @Cartesi #Cartesi $CTSI
How to get the maximum from Binance Hodler Program and Overview of Berachain - The 7th Project on it
What Is Berachain? Berachain is a high-performance, EVM-identical Layer 1 blockchain that integrates Ethereumās smart contract functionality with Proof-of-Liquidity (PoL) consensus model. Designed to enhance liquidity, security, and decentralized finance (DeFi) applications, Berachain provides a developer-friendly environment while optimizing blockchain economics. Built using BeaconKit, Berachain utilizes the CometBFT consensus algorithm to achieve single-slot finality, enabling faster transactions and enhanced scalability. The PoL model ensures that network participantsāvalidators, liquidity providers, and dAppsāare economically aligned to maximize rewards and secure the network efficiently. How Berachain Works 1. Proof-of-Liquidity (PoL) ā A New Consensus Model Berachain replaces traditional staking with Proof-of-Liquidity, a mechanism that integrates validators, users, and DeFi protocols into a unified incentive model. Validators must stake BERA and direct BGT emissions to liquidity providers in Reward Vaults, creating a self-sustaining liquidity cycle. Key benefits of PoL: š Validators must align with DeFi protocols and liquidity providers to maximize rewards. š Liquidity providers earn BGT rewards, ensuring deeper liquidity across the ecosystem. š Protocols compete for validator emissions, increasing user participation in DeFi. 2. EVM Compatibility ā Easy Migration for Developers Berachain is fully compatible with Ethereum, meaning that developers can seamlessly deploy smart contracts, decentralized applications (dApps), and existing DeFi protocols without modification. This reduces migration friction for projects looking to expand from Ethereum or other EVM chains. 3. BeaconKit & CometBFT ā Faster Transactions & Instant Finality Berachain uses BeaconKit, a modular consensus framework that integrates CometBFT, an advanced blockchain consensus mechanism. This setup allows Berachain to achieve single-slot finality, meaning transactions are confirmed instantly, instead of waiting for multiple blocks like on Ethereum. Berachain Networkās Tri-Token System Berachain operates on a unique tri-token economy, where each token has a specific role in network security, governance, and stable transactions. 1. BERA (Native Utility Token) š Used to pay gas fees for transactions on the network. š Staked by validators to secure the blockchain. š Burned upon use, reducing circulating supply over time. 2. BGT (Bera Governance Token) š Non-transferable, earned through Reward Vaults by participating in DeFi activities. š Used for governance voting and influencing validator emissions. š Can be burned 1:1 for BERA, but BERA cannot be converted back into BGT. 3. HONEY (Stablecoin) š A soft-pegged stablecoin backed by collateralized assets. š Used for payments, DeFi trading, and stable transactions within the Berachain ecosystem. š Can be minted by depositing whitelisted collateral into vaults. This three-token system creates a balanced and sustainable blockchain economy where each token has a clear, functional role instead of just existing for speculation. The BERA token is the native gas and staking token of the Berachain blockchain. It is used to pay for transaction fees, secure the network through staking, and enable DeFi applications within the Berachain ecosystem. BERA is burned upon use, reducing its circulating supply over time. The total genesis supply of BERA is 500 million tokens, with allocations for validators, liquidity incentives, community rewards, and ecosystem development.
šProject Links šBerachain Website http://www.berachain.com/ šWhitepaper https://honeypaper.berachain.com/ šX https://x.com/berachain Binance Introduces HODLer Airdrops: Rewarding BNB Holders with Emerging Project Tokens Binance has introduced a new initiative called HODLer Airdrops, designed to reward BNB token holders and support emerging crypto projects. We already had a 7 Projects on it and it's a great way to put your BNB at work! The program will distribute tokens from small to medium-sized ventures to eligible users before they are listed on the Binance exchange, providing early access to new opportunities. To participate in the HODLer Airdrops, users must hold BNB and subscribe to Binanceās Simple Earn products, either Flexible or Locked. Eligibility for the airdrops will be determined by random historical snapshots of usersā BNB balances in these products. Binance will announce upcoming HODLer Airdrops in advance, giving users time to prepare for potential rewards. Once an airdrop is announced, eligible users will receive the tokens in their Spot Wallets within 24 hours, before the token is listed on Binance Spot. The tokens distributed through this program will come from projects with strong fundamentals, large circulating supplies, and organic communities that are set to be listed on Binance. To ensure compliance and fairness, users must complete KYC (Know Your Customer) verification and reside in an eligible jurisdiction to participate in the HODLer Airdrops. Binance has set a hard limit on the amount of BNB holdings that will be considered for each airdrop, which will be announced in advance. The program aims to provide additional rewards and benefits on top of existing perks, ensuring a steady stream of passive income for BNB holders. By engaging with small to medium-sized projects and distributing their tokens to BNB holders, Binance aims to support the development of the blockchain ecosystem and provide users with early access to promising new ventures. š„Read more about the Benefits of BNB Stakers: https://www.binance.com/en/bnb Participating in the HODLer Airdrops does not affect usersā standard benefits for holding BNB, such as eligibility for Binanceās Launchpool and Megadrop events. Instead, it provides additional rewards and benefits on top of existing perks, ensuring a steady stream of passive income for BNB holders. To participate in future HODLer Airdrops, follow these steps: šGo to the EARN section on Binance. šSubscribe to Simple Earn Flexible or Locked products. šBinance will automatically take snapshots of your balance and calculate rewards based on your BNB holdings. #BERA #BERAonBinance #BinanceHODLer
nice information. it's really helpful for newbie like meš
Crypto Revolution Masters
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How to get the maximum from Binance Hodler Program and Overview of Berachain - The 7th Project on it
What Is Berachain? Berachain is a high-performance, EVM-identical Layer 1 blockchain that integrates Ethereumās smart contract functionality with Proof-of-Liquidity (PoL) consensus model. Designed to enhance liquidity, security, and decentralized finance (DeFi) applications, Berachain provides a developer-friendly environment while optimizing blockchain economics. Built using BeaconKit, Berachain utilizes the CometBFT consensus algorithm to achieve single-slot finality, enabling faster transactions and enhanced scalability. The PoL model ensures that network participantsāvalidators, liquidity providers, and dAppsāare economically aligned to maximize rewards and secure the network efficiently. How Berachain Works 1. Proof-of-Liquidity (PoL) ā A New Consensus Model Berachain replaces traditional staking with Proof-of-Liquidity, a mechanism that integrates validators, users, and DeFi protocols into a unified incentive model. Validators must stake BERA and direct BGT emissions to liquidity providers in Reward Vaults, creating a self-sustaining liquidity cycle. Key benefits of PoL: š Validators must align with DeFi protocols and liquidity providers to maximize rewards. š Liquidity providers earn BGT rewards, ensuring deeper liquidity across the ecosystem. š Protocols compete for validator emissions, increasing user participation in DeFi. 2. EVM Compatibility ā Easy Migration for Developers Berachain is fully compatible with Ethereum, meaning that developers can seamlessly deploy smart contracts, decentralized applications (dApps), and existing DeFi protocols without modification. This reduces migration friction for projects looking to expand from Ethereum or other EVM chains. 3. BeaconKit & CometBFT ā Faster Transactions & Instant Finality Berachain uses BeaconKit, a modular consensus framework that integrates CometBFT, an advanced blockchain consensus mechanism. This setup allows Berachain to achieve single-slot finality, meaning transactions are confirmed instantly, instead of waiting for multiple blocks like on Ethereum. Berachain Networkās Tri-Token System Berachain operates on a unique tri-token economy, where each token has a specific role in network security, governance, and stable transactions. 1. BERA (Native Utility Token) š Used to pay gas fees for transactions on the network. š Staked by validators to secure the blockchain. š Burned upon use, reducing circulating supply over time. 2. BGT (Bera Governance Token) š Non-transferable, earned through Reward Vaults by participating in DeFi activities. š Used for governance voting and influencing validator emissions. š Can be burned 1:1 for BERA, but BERA cannot be converted back into BGT. 3. HONEY (Stablecoin) š A soft-pegged stablecoin backed by collateralized assets. š Used for payments, DeFi trading, and stable transactions within the Berachain ecosystem. š Can be minted by depositing whitelisted collateral into vaults. This three-token system creates a balanced and sustainable blockchain economy where each token has a clear, functional role instead of just existing for speculation. The BERA token is the native gas and staking token of the Berachain blockchain. It is used to pay for transaction fees, secure the network through staking, and enable DeFi applications within the Berachain ecosystem. BERA is burned upon use, reducing its circulating supply over time. The total genesis supply of BERA is 500 million tokens, with allocations for validators, liquidity incentives, community rewards, and ecosystem development.
šProject Links šBerachain Website http://www.berachain.com/ šWhitepaper https://honeypaper.berachain.com/ šX https://x.com/berachain Binance Introduces HODLer Airdrops: Rewarding BNB Holders with Emerging Project Tokens Binance has introduced a new initiative called HODLer Airdrops, designed to reward BNB token holders and support emerging crypto projects. We already had a 7 Projects on it and it's a great way to put your BNB at work! The program will distribute tokens from small to medium-sized ventures to eligible users before they are listed on the Binance exchange, providing early access to new opportunities. To participate in the HODLer Airdrops, users must hold BNB and subscribe to Binanceās Simple Earn products, either Flexible or Locked. Eligibility for the airdrops will be determined by random historical snapshots of usersā BNB balances in these products. Binance will announce upcoming HODLer Airdrops in advance, giving users time to prepare for potential rewards. Once an airdrop is announced, eligible users will receive the tokens in their Spot Wallets within 24 hours, before the token is listed on Binance Spot. The tokens distributed through this program will come from projects with strong fundamentals, large circulating supplies, and organic communities that are set to be listed on Binance. To ensure compliance and fairness, users must complete KYC (Know Your Customer) verification and reside in an eligible jurisdiction to participate in the HODLer Airdrops. Binance has set a hard limit on the amount of BNB holdings that will be considered for each airdrop, which will be announced in advance. The program aims to provide additional rewards and benefits on top of existing perks, ensuring a steady stream of passive income for BNB holders. By engaging with small to medium-sized projects and distributing their tokens to BNB holders, Binance aims to support the development of the blockchain ecosystem and provide users with early access to promising new ventures. š„Read more about the Benefits of BNB Stakers: https://www.binance.com/en/bnb Participating in the HODLer Airdrops does not affect usersā standard benefits for holding BNB, such as eligibility for Binanceās Launchpool and Megadrop events. Instead, it provides additional rewards and benefits on top of existing perks, ensuring a steady stream of passive income for BNB holders. To participate in future HODLer Airdrops, follow these steps: šGo to the EARN section on Binance. šSubscribe to Simple Earn Flexible or Locked products. šBinance will automatically take snapshots of your balance and calculate rewards based on your BNB holdings. #BERA #BERAonBinance #BinanceHODLer
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 donāt 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, USUALās model rewards them, giving them a fair share of the success they help create. Usual's Vision š„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. š„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.
š„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.
š„Usual Labs pros in my personal opinion š„ šProspective concept & design; šRelatively low token inflation rate for the first 2 years after the TGE (~20%); šPresence of security audits from top-tier companies; šFDV is almost 10 times lower than its closest competitors in the niche of decentralized stablecoins, Ethena; šLow Initial MC ( only 12.37% of the FDV); šGood PR and Influencer Marketing performance; šAbove the average Marketing Infrastructure, SEO, SMM, and Growth Marketing scores; šDiverse network of prominent funds and angel investors; šWide network of partners, actively supporting and collaborating with the project; šListing and IEO on Binance; šThe protocolās 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). Hereās 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, hereās 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 itās 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 technologiesāAxelar 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
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 CARVās 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 winnersā 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. Donāt miss out on this exciting event ā 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 š„
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 youāve 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. Itās 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, youāll 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, youāll 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, hereās 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. š„Key features of Binance Super Earn š„ šThe 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. šSuper Earn is available for a short period after the token's listing and may include tokens distributed through airdrops, Launchpool, or other Binance events. šUsers 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. šSuper 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
the best project i've seen this weekšLFGšš
Crypto Revolution Masters
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Banana Gun Listing and Binance HODLer Airdrops - All you need to know!
Leading cryptocurrency exchange Binance has announced the first project on the Binance HODLer Airdrops. The exchange is listing Banana Gun (BANANA), the ecosystem token of the Telegram-based trading assistant Banana Gun bot, on its portal. As the Binance HODLer Airdrops Portal lists Banana Gun, the BANANA token surges 26%, showcasing strong market enthusiasm. What is Binance HODLer Airdrops? Binance HODLer Airdrops is a program that rewards BNB holders with token airdrops based on historical snapshots of their BNB balances. By subscribing BNB to Simple Earn, users are automatically eligible for HODLer Airdrops (as well as Launchpool and Megadrop rewards). Unlike other earning methods that require ongoing actions, HODLer Airdrops reward users retroactively, offering a simple way to earn additional tokens. By subscribing BNB to Simple Earn products, users can automatically qualify for token rewards. The exchange explained that users who subscribed their Binance Coin (BNB) to Simple Earn products between June 23 and July 5 are eligible to receive the airdropped BANANA tokens. The Binance HODLer Airdrops page is now live, with detailed information on the distribution. Launched on June 19, Binance HODLer Airdrop Portal is a platform within Binance that distributes on-chain airdrops to its users. These airdrop tokens are issued by projects with enough circulating supply hours before their listing on Binance. The program mainly rewards BNB holders based on historical snapshots of their BNB balances. Notably, users subscribing to the Simple Earn Program with BNB automatically qualify for HODLer Airdrops, alongside potential rewards from Binance Launchpool and Megadrop. The exchange transfers these rewarded airdrop tokens to usersā spot wallets before the token lists on Binance Spot. In Banana Gun Case distribution will be done at 8 AM UTC Time ( 1 hour before Listing ) All you need to know for Banana Gun
The maximum supply of BANANA tokens is capped at 10 million, with the current total supply sitting at 8.9 million. Of the 8.9 million total supply, only 2.42 million tokens are in circulation. Notably, 800,000 BANANA tokens have been allocated for the Binance HODLer Airdrops rewards. Following the airdrop, Binance Spot will officially list BANANA on July 20, at 09:00 UTC with BTC, USDT, BNB, FDUSD, and TRY pairs. Those who hold BANANA through the HODLer Airdrops will find their tokens in their spot wallets an hour before trading begins. Binance has cautioned users about the potential for significant price volatility, emphasizing that the asset is already in circulation. As such, the airdrop would trigger an increase in its circulation, potentially leading to increased price volatility. šYou can find the token on CoinMarketCap: https://coinmarketcap.com/currencies/banana-gun/ BANANA Spikes 26% The BANANA token has positively reacted to the announcement. The tokenās price surged by over 26%, rising from $57.6 to $72.6 within the last 12 hours. Trading volume also saw a huge spike, increasing by 1,000% to nearly $40 millions at the time of writing. In the long term, BANANA is up by more than 500% in the past year. It currently sits just 11% below its all-time high of $78.33, achieved last month. #BinanceHODLerBANANA #BananaGun
love the rewards. let's go join NOW!!!ššš
Crypto Revolution Masters
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Lista Megadrop on Binance - few more days to participate. Don't miss the juicy Rewards
Binance announce the 2nd project on Binance Megadrop - Lista (LISTA), a liquid staking and decentralized stablecoin protocol. Users can start participating in the Lista Megadrop from 2024-05-30 00:00:00 (UTC). Binance will then list Lista (LISTA) at 2024-06-20 10:00 (UTC) and open trading with LISTA/BTC, LISTA/USDT, LISTA/BNB, LISTA/FDUSD, and LISTA/TRY trading pairs. The Seed Tag will be applied to LISTA. Read about Lista (LISTA) in our research report. Lista Megadrop period 2024-05-30 00:00:00 (UTC) to 2024-06-19 23:59:59 (UTC) BNB Locked Products Snapshot Period: To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before 2024-05-30 00:00:00 (UTC), as hourly snapshots of usersā subscription amounts will be taken during this period. For more information on BNB Locked Products, refer to the FAQ. Web3 Quest Period: Users may complete Web3 Quest(s) during the Quest Period. Web3 Quest 1: āStake 0.01 BNB in the ListaDAO DAppā (Tutorial) 2024-06-20 06:00:00 (UTC) Rewards Distribution: Users may view their Megadrop rewards in Binance Spot Wallet. Lista Megadrop details šToken name: Lista (LISTA) šMax token supply: 1,000,000,000 LISTA šMegadrop token rewards: 100,000,000 LISTA (10% of max. token supply) šInitial circulating supply: 230,000,000 LISTA (23% of max. token supply) šHard Cap per user: 800,000 LISTA Rewards Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus Locked BNB Score (based on hourly snapshots during the BNB Locked Products Snapshot Period) = (Average 120-day BNB Locked Amount * 130) + (Average 90-day BNB Locked Amount * 120) + (Average 60-day BNB Locked Amount * 110) + (Average 30-day BNB Locked Amount * 100) Web3 Quest Multiplier: 1.5 Web3 Quest Bonus: 1,000 Guide to joining Lista Megadrop To participate in Megadrop, users need to lock BNB tokens in Binance Simple Earn and/or complete Web3 Quests on Binance Web3 Wallet. Binance notes that registration for BNB Locked Products is not mandatory. Users can participate in Megadrop without registering for any BNB Locked Products. However, when participating in BNB Locked Products, users can optimize their rewards. When registering for BNB Locked Products, users receive different points based on the registration time. The longer the duration, the higher the BNB points. Participants should choose a 120-day period to receive an APR of up to 1.69%. Additionally, users can receive both Megadrop rewards and launchpool simultaneously (if available). Locking BNB Locked Products šAccess the Binance app on your phone, select More, then choose Megadrop.
šReview the list of Web3 projects launched and select Lista. šAfter accessing the detailed information page, carefully read the project's requirements and rules. šScroll down to the Lock BNB section. šRegister for locking BNB according to the suitable term.
Completing Web3 Quests Users need to: Have a Binance Web3 Wallet account. Note that only backup wallets created within the new Binance Web3 wallet are eligible to participate in Megadrop; external wallets (such as Metamask) are not counted. Prepare BNB to cover gas fees within the Binance Web3 Wallet. The steps are as follows: šLog in to the Binance app and go to "Exchange." šSwitch to the "Web3" tab.
šOn the wallet's main screen, select "Transfer." šChoose BNB and the "BNB Chain (BEP20)" network. šSelect the amount of BNB to transfer and click "Transfer."
Note: To be eligible for campaign participation, a minimum of 0.01 BNB is required for staking liquidity into slisBNB. Once the wallet receives the funds, users need to convert BNB to slisBNB on the Lista DAO. šGo to the "Discover" section and search for "Lista DAO."
šConnect the Binance Web3 wallet and click "Stake." šEnter the quantity of 0.01 BNB.
šConfirm the transaction and wait for the successful staking notification. šAfter receiving the completion notification, switch to your web3 wallet šSelect Lista DAO in the Megadrop section. šScroll down to the Web3 Quest section and click "Start Now." šWait for the system to connect, then click "Verify" to confirm completion What is Lista DAO? Lista DAO is a DeFi platform providing staking, liquidity staking, safe stablecoin lending solutions, simple, and license-free. The goal of Lista DAO is to become the most widely used protocol by leveraging Proof-of-Stake (PoS) rewards and profit-generating assets. Lista DAO operates as an open-source liquidity protocol, earning profits from collateralized crypto assets (BNB, ETH, stablecoins, etc.). The project utilizes and expands the MakerDAO model proven for lisUSD - referred to as decentralized, unbiased destablecoin, supported by collateral assets. LISTA is a utility and governance token widely used on Lista DAO. It is a means of safe exchange and payment among participants on Lista DAO in a decentralized, third-party-independent manner. Users can receive LISTA by participating and interacting with the protocol such as depositing funds, staking, trading, and/or governance participation. The project notes that LISTA does not represent any equity, ownership, participation, ownership rights, or interests in Lista DAO. The platform does not offer any promises regarding fees, dividends, revenue, profits, or investment returns and is not intended to constitute securities in relevant jurisdictions. #ListaMegadrop #Megadrop
i'm so excited for this one. keep eyes on their projectššš
Crypto Revolution Masters
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Xai Foundation Announces Highly-Anticipated Xai Vanguard: Genesis Activation
The Xai Foundation, a core contributor to the gaming-centric blockchain network, Xai, announced the upcoming launch of the highly-anticipated premiere gaming activation, Xai Vanguard: Genesis. It will run till November, the Vanguard campaign will feature a full suite of new game releases, quests, achievements, and rewards for the Xai community. Xai Vanguard: Genesis is the next major milestone on the Xai roadmap and succeeds the Xai Odyssey campaign which saw record-breaking results in the blockchain space including 500K+ connected wallets, 5M daily transactions and a total of $175 million in player rewards distributed. While Xai Odyssey was conducted entirely on the Xai testnet, the launch of Xai Vanguard marks the first campaign on the Xai mainnet. This ecosystem-wide event will feature dozens of participating partners and bring forth a full roadmap of games, including Crypto Unicorns, Final Form, Lost Glitches and more that are set to be announced throughout the campaign. The campaign rewards players for achievements in games as they battle for the top spot on the Xai Vanguard: Genesis leaderboard. Additionally, the first month of the campaign will also feature quests from other blockchain technology partners that open new avenues for players to score points. In line with its commitment to full ecosystem expansion, the Xai Vanguard: Genesis campaign introduces rewards for the developer community as well. Developers and studios will be able to participate in a series of builder quests to score points on the Xai Vanguard: Genesis leaderboard and earn their own series of rewards. Many of these quests feature the recently announced Xai Builder powered by Sequence to seamlessly onboard new applications to the Xai blockchain. In my opinion The launch of Xai Vanguard: Genesis marks a significant milestone for the Xai ecosystem! By bringing together a diverse range of game partners and leveraging our robust infrastructure, we create an unparalleled gaming experience that will drive innovation and engagement in the blockchain gaming space. We are excited to see the creativity and passion of our community unfold. Leveraging its Sentry Node Network of 6000+ whales and Vanguard Network of 600,000 gamers, Xai drives massive and immediate distribution to deployed web3 games. Gamers and developers are given a simple and seamless onboarding experience, offering support by Xai Foundation, Offchain Labs, Ex Populus, Thirdweb, Sequence and other key Xai contributors. About Xai Foundation The primary objective of the Xai Foundation is to foster the growth of developers and games within the Xai AI blockchain ecosystem. This encompasses attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated token, the Xai Foundation plays a pivotal role in supporting the integrity of the platform. About Xai Games Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology. $XAI #XaiVanguardGenesis
MANTA - All you need to know and why I am bullish on it!
In 2023, Manta Network experienced explosive growth, characterized by remarkable advancements, groundbreaking product launches, and an unwavering commitment to innovation in the realm of zero-knowledge (ZK) technology. Serving as a revolutionary modular ecosystem tailored for ZK applications, Manta Network has achieved a significant milestone as the first EVM-equivalent ZK application platform. The ecosystem offers an unmatched experience for developing and adopting advanced web3 applications, thanks to its effective use of ZK cryptography. Weāll take a look at the Manta Network ecosystem today, exploring its journey to success and what lies ahead for the network in the future. With a Series A valuation of $500 million, Manta Network has raised over $60 million across pre-seed, seed, community, and Series A funding stages. Notable investors such as Polychain Capital, DeFiance Capital, and Qiming Venture Partners have contributed to its growth. The strategic backing from Binance Labs underscores the networkās significance in the industry. Founded in 2020 by Victor Ji and Kenny Li, the founding team, operating under p0x Labs, Manta Network received initial support from a Web3 Foundation grant, marking the beginning of its journey. Arising from a visionary initiative to surpass the constraints of current blockchain solutions, Manta Network introduces a multi-modular ecosystem consisting of two blockchain networks. These networks provide advanced ZK tooling, streamlining the deployment of ZK-applications ā Manta Pacific and Manta Atlantic.
Networks Manta Pacific Manta Pacific introduces an EVM-native Layer 2 solution with versatile ZK capabilities, enabling the exclusive creation of ZK applications through Solidity with Universal Circuits. Leveraging Celestia for DA and the OP Stack for Solidity-based ZK application development ensures not only efficient scalability but also a significant reduction in transaction fees. The shift from Ethereum for DA to Celestiaās specialized DA solution significantly reduces L2 network transaction fees, resulting in savings exceeding $1.5 million in gas fees. The upcoming developmental phase targets the establishment of a fully modular zkEVM rollup using the Polygon CDK, promising further amplification of Manta Pacificās capabilities. The transition into zkEVM utilizing Polygon CDK is set for early 2024. Manta Atlantic In contrast, Manta Atlantic emerges as the fastest and most decentralized ZK Layer 1 chain designed, strategically crafted to facilitate modular on-chain compliance identities through zkSBTs. Officially launched in January 2024, its primary focus lies in the ZK compliance credential layer, emphasizing practical application and seamless interoperability. This unique approach empowers projects to attain interoperable identities without necessitating direct cryptographic involvement. Manta Atlantic establishes a composable execution environment tailored for ZK applications and seamlessly integrates Manta Networkās ZK tooling infrastructure. Built upon the Substrate framework, it operates as a parachain within the Polkadot ecosystem, placing a significant emphasis on interoperable identity verification and the deployment of ZK applications. ZK Toolings Universal Circuits Manta Networkās Universal Circuits revolutionize the landscape of ZK application development by addressing inherent complexities. Traditionally, developers face daunting learning curves, requiring deep expertise in cryptographic techniques and the manual creation of intricate ZK circuits using languages such as Circom. To overcome these obstacles, Universal Circuits offer a comprehensive library of pre-built ZK circuits for seamless integration into applications, particularly those developed using Solidity for Ethereum. This approach simplifies the development process, empowering developers to incorporate ZK functionalities effortlessly, without the need for extensive cryptographic knowledge. Functioning as ZK-as-a-Service, Universal Circuits enable Solidity developers to interact with Manta Pacific contracts via APIs, facilitating the integration of ZK features with minimal adjustments to existing codebases. Noteworthy circuit designs within Universal Circuits encompass zkContracts like zkShuffle and Semaphore-based circuits, developed by the Privacy Scaling and Exploration (PSE) Labs at the Ethereum Foundation. Manta Networkās upcoming initiatives involve enhancing Manta Atlanticās capabilities, expanding the adoption of zkSBT and MantaPay for Rust developers, and rolling out the Manta Pacific Testnet to engage a wider community of developers and applications. The aim is to broaden the networkās impact and offer comprehensive solutions across both Web3 and Web2 domains. zkSBTs and Manta NPO zkSBTs, known as ZK-enabled SoulBound Tokens, are non-transferable NFTs anchored to individual user identities on the blockchain. Harnessing ZKPs for heightened user security, these tokens excel in on-chain gaming items, identity authentication, and asset verification. Moreover, developers can seamlessly integrate zkSBTs into ZK applications without requiring advanced cryptographic skills or expertise in ZKP. Key functionalities of zkSBTs: šOn-chain Data Verification: zkSBT acts as a streamlined solution for on-chain data verification, especially beneficial for mobile applications. Despite having user-friendly wallets like Particle and Unipass, validating data such as KYC details, credentials, and assets still poses challenges on mobile platforms šDecentralized Compliance: KYC, valued at around $1.6 trillion, is crucial for web platforms, necessitating the distinction between real users and bots. Tools like zkBAB and zkGalxe allow users to authenticate their legitimacy without disclosing personal data or linking to a wallet. Many applications leverage zkSBT for this verification purpose. šCredential Verification for On-chain Activities: Galxe and Cyberconnect process substantial on-chain activities but struggle with privacy concerns. zkSBT provides a solution, enabling private credential verification without the need for constant wallet connections. It also supports multi-chain verification. šGame/Social Items: zkSBTs can serve as in-game items or assets in social platforms. Notable examples include Ultiverse and ReadON zkSBTs, minted on the Manta chain and utilized across diverse applications. šAsset Verification: zkSBTs play a crucial role in asset verification applications. Tools like POMP enable users to create zkSBTs, offering a confidential on-chain statement to verify their asset holdings. This functionality proves valuable in both traditional and decentralized financial contexts. Manta Networkās Robust Ecosystem
Manta Networkās focus on cost efficiency and enhanced throughput for ZK applications, and has swiftly become a favored choice among decentralized applications (dApps). Since its launch in September 2023, Manta Pacificās L2 network has seamlessly integrated more than 150 dApps, with nearly 15 of them being native ZK applications. Manta Pacificās mainnet has facilitated the processing of more than 10 million transactions since its initial debut. Despite its recent entry into the L2 scene, the network has amassed an impressive Total Value Locked (TVL) of over $1.5 billion, securing a prominent position among L2s according to L2 Beat. The significant increase in TVL can be attributed to the success of the New Paradigm bridge launch in December 2023, which brought in over 200,000 new users. Barely two months after the launch, users had bridged over $750 million in assets to the L2 network. Manta Pacificās rollout strategy kicked off with MantaFest, a dynamic 5-week promotional campaign launched alongside its mainnet debut. This initiative aimed to invigorate network activity by introducing users to a diverse array of newly integrated dApps spanning Bridging, DeFi, SocialFi, and GameFi. Participants in MantaFest had the opportunity to accrue points, which could be exchanged for MANTA rewards during the Token Generation Event (TGE). Additionally, in October 2023, just one month following Manta Pacificās mainnet alpha launch, Manta Network unveiled the Uncharted Grants program, further fueling the ecosystemās growth and fostering innovation. Looking Forward To The Future Of Manta Network Following its mainnet debut, Manta Pacific has unveiled a comprehensive four-phase roadmap to guide its developmental trajectory following the mainnet debut. The team aims to collaboratively achieve each milestone in tandem with the broader Manta Network ecosystem and community. At present, Manta Pacific has successfully concluded the second phase, operating as an OP Stack rollup with Celestia for DA. The imminent full transition to a zkEVM validium using the Polygon CDK stands as a pivotal objective for 2024.
If Manta Network effectively executes its roadmap, it is primed to become a preferred choice for developers entering the dApp ecosystem. The ongoing evolution of Manta Network underscores a commitment to refining its offerings, expanding its influence, and bridging the web2 and web3 domains while upholding user privacy and data security. Pretty Bullish on $MANTA and everything coming š„š„ #MantaRWA
Lista Dao - 2nd Project on Binance Megadrop! Bullish Insights and how to participate
Hey Folks, Lista Dao is the 2nd Project on Binance Megadrop. Let's dive in what's exactly Lista Dao and how to get maximum Rewards from the Megadrop Campaign! EVERYTHING YOU NEED TO KNOW ABOUT LISTA DAO! Lista DAO is a BNB liquid staking protocol and decentralized stablecoin platform that enables users to stake their BNB in exchange for the LS token slisBNB. The slisBNB, along with other LSTs, can not only be used in the LPs of various DeFi applications but also as collateral for borrowing the lisUSD stablecoin by providing LSTs as collateral on its platform. It is powered by the native $LISTA governance token, designed to serve as a main criteria for granting access to the DAO votings. The platformās contribution to the BNB chain network ecosystem was recognized by Binance Labs, which invested over $10M into the project on August 11th, 2023. Lista DAO, previously known as Helio protocol, is a BNB liquid staking protocol and decentralized stablecoin, which allows users to earn yield from BNB staking in exchange for the slisBNB token. The slisBNB token is a liquid staking token of the Lista DAO protocol, which can be used in other DeFi LPs across the BNB chain network to earn additional APR, as well as may be used as collateral for lending lisUSD, Listaās decentralized stablecoin. The minting mechanism of the Lista stablecoin is quite similar to that of MakerDAOās, but unlike the MakerDAO platform, Lista protocol enables depositing collaterals in the form of LSTs such as slisBNB, WBETH, ezETH, and others. This provides the BNB chain with an additional level of liquidity while adding more features to the BNB networkās liquid staking tokens. After the merge of Helio Money and Synclub on February 6th, 2024, the platform rebranded itself into the List DAO. šŖ$LISTA token: The entire liquid staking protocol is powered by the governance token $LISTA. Its main role is enabling users to vote on various governance proposals and granting weight to each community member's vote, which directly depends on the amount of tokens staked on the platform. I'm super hyped about Lista Dao for the following reasons: š„The concept and design of the product aligns with the current āliquid staking and stakingā trends. It is also of the few startups focused on BNB liquid staking and adding more features to such LSTs; š„The platform was audited multiple times by the top tier security companies; š„Strong PR and Growth Marketing performance; š„Above the average Marketing Infrastructure, SMM and Influencer Marketing score; š„Binance Labs invested into the project; š„Presence of the strong network of partners supporting the project; š„Upcoming Listing of the $LISTA token on the Binance exchange; š„Experienced leadership team: the BD lead and COO previously worked for Binance. Take a look also at the bullish Roadmap
The current price on $Lista OTC is around $1! I am expecting multiple X on it's listing on #Binance Lista Megadrop Details: šToken Name: Lista (LISTA) šMax Token Supply: 1,000,000,000 LISTA šMegadrop Token Rewards: 100,000,000 LISTA (10% of max token supply) šInitial Circulating Supply: 230,000,000 LISTA (23% of max token supply) š„Start farming $Lista here: https://www.binance.com/en/megadrop How to participate in the Megadrop. Full Instructions Step 1: Go to Earn section
Step 2: Search for BNB. Select 15-120 days
You can choose a fixed lock from 15 to 120 days, the longer the lock, the higher the score coefficient. Of course saying that 120 days will be the best option to maximize your Earnings! Step 3: Select quantity and click "Confirm" to complete the step of locking BNB on the exchange
šYou can keep your BNB and BTC on Spot and participate. Reward Mechanism Based on Points Total Points = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus Locked BNB Score is based on the amount of BNB locked and the lock duration. The Web3 Quest Multiplier is applied to the Locked BNB Score when all Web3 Quests are completed. The higher your total points, the greater your rewards. How is Megadrop Different from Launchpool? Some key differences between Megadrop and Launchpool include: šParticipation Method: Megadrop allows users to participate by subscribing to BNB and/or completing Web3 tasks. Binance Launchpool only allows users to participate by subscribing to BNB or designated tokens. šToken Subscription: Megadrop only utilizes BNB Locked Products for token subscription. Binance Launchpool offers more diversity by allowing users to subscribe to tokens through BNB Locked Products, BNB Vault, or direct staking in Launchpool. šReward Calculation: Megadrop rewards are based on the amount of BNB locked by users and the duration of lock, combined with the completion of Web3 Quests. Binance Launchpool rewards are based on the volume of subscriptions to Launchpool. šReward Enhancement: Megadrop allows users to enhance their rewards by completing tasks within the Binance Web3 Wallet. Binance Launchpool does not offer this feature.
MANTA - All you need to know and why I am bullish on it!
In 2023, Manta Network experienced explosive growth, characterized by remarkable advancements, groundbreaking product launches, and an unwavering commitment to innovation in the realm of zero-knowledge (ZK) technology. Serving as a revolutionary modular ecosystem tailored for ZK applications, Manta Network has achieved a significant milestone as the first EVM-equivalent ZK application platform. The ecosystem offers an unmatched experience for developing and adopting advanced web3 applications, thanks to its effective use of ZK cryptography. Weāll take a look at the Manta Network ecosystem today, exploring its journey to success and what lies ahead for the network in the future. With a Series A valuation of $500 million, Manta Network has raised over $60 million across pre-seed, seed, community, and Series A funding stages. Notable investors such as Polychain Capital, DeFiance Capital, and Qiming Venture Partners have contributed to its growth. The strategic backing from Binance Labs underscores the networkās significance in the industry. Founded in 2020 by Victor Ji and Kenny Li, the founding team, operating under p0x Labs, Manta Network received initial support from a Web3 Foundation grant, marking the beginning of its journey. Arising from a visionary initiative to surpass the constraints of current blockchain solutions, Manta Network introduces a multi-modular ecosystem consisting of two blockchain networks. These networks provide advanced ZK tooling, streamlining the deployment of ZK-applications ā Manta Pacific and Manta Atlantic.
Networks Manta Pacific Manta Pacific introduces an EVM-native Layer 2 solution with versatile ZK capabilities, enabling the exclusive creation of ZK applications through Solidity with Universal Circuits. Leveraging Celestia for DA and the OP Stack for Solidity-based ZK application development ensures not only efficient scalability but also a significant reduction in transaction fees. The shift from Ethereum for DA to Celestiaās specialized DA solution significantly reduces L2 network transaction fees, resulting in savings exceeding $1.5 million in gas fees. The upcoming developmental phase targets the establishment of a fully modular zkEVM rollup using the Polygon CDK, promising further amplification of Manta Pacificās capabilities. The transition into zkEVM utilizing Polygon CDK is set for early 2024. Manta Atlantic In contrast, Manta Atlantic emerges as the fastest and most decentralized ZK Layer 1 chain designed, strategically crafted to facilitate modular on-chain compliance identities through zkSBTs. Officially launched in January 2024, its primary focus lies in the ZK compliance credential layer, emphasizing practical application and seamless interoperability. This unique approach empowers projects to attain interoperable identities without necessitating direct cryptographic involvement. Manta Atlantic establishes a composable execution environment tailored for ZK applications and seamlessly integrates Manta Networkās ZK tooling infrastructure. Built upon the Substrate framework, it operates as a parachain within the Polkadot ecosystem, placing a significant emphasis on interoperable identity verification and the deployment of ZK applications. ZK Toolings Universal Circuits Manta Networkās Universal Circuits revolutionize the landscape of ZK application development by addressing inherent complexities. Traditionally, developers face daunting learning curves, requiring deep expertise in cryptographic techniques and the manual creation of intricate ZK circuits using languages such as Circom. To overcome these obstacles, Universal Circuits offer a comprehensive library of pre-built ZK circuits for seamless integration into applications, particularly those developed using Solidity for Ethereum. This approach simplifies the development process, empowering developers to incorporate ZK functionalities effortlessly, without the need for extensive cryptographic knowledge. Functioning as ZK-as-a-Service, Universal Circuits enable Solidity developers to interact with Manta Pacific contracts via APIs, facilitating the integration of ZK features with minimal adjustments to existing codebases. Noteworthy circuit designs within Universal Circuits encompass zkContracts like zkShuffle and Semaphore-based circuits, developed by the Privacy Scaling and Exploration (PSE) Labs at the Ethereum Foundation. Manta Networkās upcoming initiatives involve enhancing Manta Atlanticās capabilities, expanding the adoption of zkSBT and MantaPay for Rust developers, and rolling out the Manta Pacific Testnet to engage a wider community of developers and applications. The aim is to broaden the networkās impact and offer comprehensive solutions across both Web3 and Web2 domains. zkSBTs and Manta NPO zkSBTs, known as ZK-enabled SoulBound Tokens, are non-transferable NFTs anchored to individual user identities on the blockchain. Harnessing ZKPs for heightened user security, these tokens excel in on-chain gaming items, identity authentication, and asset verification. Moreover, developers can seamlessly integrate zkSBTs into ZK applications without requiring advanced cryptographic skills or expertise in ZKP. Key functionalities of zkSBTs: šOn-chain Data Verification: zkSBT acts as a streamlined solution for on-chain data verification, especially beneficial for mobile applications. Despite having user-friendly wallets like Particle and Unipass, validating data such as KYC details, credentials, and assets still poses challenges on mobile platforms šDecentralized Compliance: KYC, valued at around $1.6 trillion, is crucial for web platforms, necessitating the distinction between real users and bots. Tools like zkBAB and zkGalxe allow users to authenticate their legitimacy without disclosing personal data or linking to a wallet. Many applications leverage zkSBT for this verification purpose. šCredential Verification for On-chain Activities: Galxe and Cyberconnect process substantial on-chain activities but struggle with privacy concerns. zkSBT provides a solution, enabling private credential verification without the need for constant wallet connections. It also supports multi-chain verification. šGame/Social Items: zkSBTs can serve as in-game items or assets in social platforms. Notable examples include Ultiverse and ReadON zkSBTs, minted on the Manta chain and utilized across diverse applications. šAsset Verification: zkSBTs play a crucial role in asset verification applications. Tools like POMP enable users to create zkSBTs, offering a confidential on-chain statement to verify their asset holdings. This functionality proves valuable in both traditional and decentralized financial contexts. Manta Networkās Robust Ecosystem
Manta Networkās focus on cost efficiency and enhanced throughput for ZK applications, and has swiftly become a favored choice among decentralized applications (dApps). Since its launch in September 2023, Manta Pacificās L2 network has seamlessly integrated more than 150 dApps, with nearly 15 of them being native ZK applications. Manta Pacificās mainnet has facilitated the processing of more than 10 million transactions since its initial debut. Despite its recent entry into the L2 scene, the network has amassed an impressive Total Value Locked (TVL) of over $1.5 billion, securing a prominent position among L2s according to L2 Beat. The significant increase in TVL can be attributed to the success of the New Paradigm bridge launch in December 2023, which brought in over 200,000 new users. Barely two months after the launch, users had bridged over $750 million in assets to the L2 network. Manta Pacificās rollout strategy kicked off with MantaFest, a dynamic 5-week promotional campaign launched alongside its mainnet debut. This initiative aimed to invigorate network activity by introducing users to a diverse array of newly integrated dApps spanning Bridging, DeFi, SocialFi, and GameFi. Participants in MantaFest had the opportunity to accrue points, which could be exchanged for MANTA rewards during the Token Generation Event (TGE). Additionally, in October 2023, just one month following Manta Pacificās mainnet alpha launch, Manta Network unveiled the Uncharted Grants program, further fueling the ecosystemās growth and fostering innovation. Looking Forward To The Future Of Manta Network Following its mainnet debut, Manta Pacific has unveiled a comprehensive four-phase roadmap to guide its developmental trajectory following the mainnet debut. The team aims to collaboratively achieve each milestone in tandem with the broader Manta Network ecosystem and community. At present, Manta Pacific has successfully concluded the second phase, operating as an OP Stack rollup with Celestia for DA. The imminent full transition to a zkEVM validium using the Polygon CDK stands as a pivotal objective for 2024.
If Manta Network effectively executes its roadmap, it is primed to become a preferred choice for developers entering the dApp ecosystem. The ongoing evolution of Manta Network underscores a commitment to refining its offerings, expanding its influence, and bridging the web2 and web3 domains while upholding user privacy and data security. Pretty Bullish on $MANTA and everything coming š„š„ #MantaRWA
nice articleš it's easy to read and the tutorial really helpful
Crypto Revolution Masters
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Last few days to participate in BounceBit-The 1st Project on Binance Megadrop. All you need to know
What is BounceBit (BB)? BounceBit (BB) is the first native staking chain for Bitcoin. It introduces a novel approach to staking through a dual-token system. This innovative platform leverages the security of Bitcoin alongside full Ethereum Virtual Machine (EVM) compatibility to offer a convenient and secure restaking experience for users. š„ Personal Opinion about BounceBit š„ After the bankruptcy of Genesis Trading, Babel Finance, and Celsius, the Bitcoin ecosystem was left with a significant void in financial service provision. This caused underutilization of BTC assets and missed opportunities for profit, especially in sectors like DeFi and NFTs The inherent conservatism of Bitcoin holders is not the only thing that prevents them from missing out on lucrative yield opportunities. On the inside, the absence of a robust smart contract platform within the Bitcoin ecosystem also limits the development of complex decentralized applications (dApps). This is where BounceBit steps in to fill the gap. BounceBit is building a BTC restaking infrastructure that provides a foundational layer for different restaking products, secured by the regulated custody of Mainnet Digital (a premier asset management and fintech platform) and Ceffu (Ā a secure environment for storing digital currencies for institutional entities). BounceBitās TVL soared to over $600 million within a month after Early Access Launch ($550 million as of April 23), complemented by securing $6 million in seed funding from leading investors Blockchain Capital and Breyer Capital.
š Currently OTC Prices are around $0.75-$0.80 I am expecting $2-$3 once it's listed on Binance! Long-term I'm expecting 2 digits in the next Bull Cycle! Binance will then list BounceBit (BB) at 2024-05-13 10:00 (UTC) and open trading with BB/BTC, BB/USDT, BB/BNB, BB/FDUSD and BB/TRY trading pairs. BounceBit Megadrop Period: 2024-04-26 00:00:00 (UTC) to 2024-05-12 23:59:59 (UTC) BNB Locked Products Snapshot Period: To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before 2024-04-26 00:00:00 (UTC), as hourly snapshots of usersā subscription amounts will be taken during this period. Web3 Quest Period: Users may complete Web3 Quest(s) during the Quest Period. Web3 Quest 1: āStake 0.0001 BTCB to BounceBitā šYou can find more information here: https://www.binance.com/en/support/announcement/bouncebit-bb-megadrop-is-now-open-subscribe-to-bnb-locked-products-or-complete-web3-quests-to-participate-a0a11e79467e4ee6a937348005f7c84f How BounceBit (BB) Works 1. Dual-Token Staking Mechanism BounceBit offers a unique dual-token restaking mechanism. By staking both Bitcoin and BounceBit tokens (BB), participants play a vital role in securing the network. This approach not only enhances security but also introduces a diversified stakeholder base and helps boost the resilience of the ecosystem. 2. Proof-of-Stake Consensus BounceBit adopts a Proof-of-Stake (PoS) consensus mechanism, known as Dual-Token PoS, where validators stake BB and/or BBTC (BounceBit's native token backed by Bitcoin) to record and verify transactions on the network. In return, validators receive transaction fees as staking rewards. This creates perpetual engagement and network reinforcement. 3. Transparent Financial Services Addressing the transparency and misuse issues prevalent in traditional Bitcoin finance, BounceBit implements on-chain proof of reserve and transparent activities. This commitment to transparency rebuilds trust among users and creates a secure platform for earning yields on idle BTC. 4. Enhancing Bitcoin Utility By providing avenues for BTC holders to actively engage their assets in DeFi and CeFi markets, BounceBit aims to enhance liquidity and expand utility for BTC in a transparent and efficient environment. Through its inclusive ecosystem catering to both retail and institutional investors, BounceBit democratizes access to Bitcoin-based financial products, thereby broadening yield opportunities and expanding use cases. 5. Smart Contract Features Recognizing the importance of smart contract capabilities, BounceBit integrates full compatibility with the Ethereum Virtual Machine (EVM) and Solidity programming language. This compatibility allows developers to easily migrate their projects and build sophisticated dApps on the BounceBit platform, thereby enhancing the diversity of applications and utility of Bitcoin. 6. Unification Across Multiple Chains By developing a unified platform that integrates various forms of Wrapped BTC across different blockchain networks, BounceBit centralizes liquidity and streamlines transactions. This initiative will enhance the efficiency and liquidity of BTC assets across multiple blockchains. How to Participate in the Megadrop? Instructions Step 1: Log in to your Binance account. You can use either the website or the app. Step 2: Navigate to "More" (Services) and select "Megadrop"
You will see Megadrop icon below:
Step 3: Subscribe to BNB Locked Products and/or complete Web3 Quests to accumulate points. The higher your points, the greater your rewards.
Step 4: Complete subscriptions to BNB Locked Products on the Earn feature to accumulate points.
You can keep your BNB and BTC on Spot and participate. Reward Mechanism Based on Points Total Points = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus Locked BNB Score is based on the amount of BNB locked and the lock duration. The Web3 Quest Multiplier is applied to the Locked BNB Score when all Web3 Quests are completed. The higher your total points, the greater your rewards. Binance Megadrop marks a significant step forward in the evolution of token launch platforms. With its unique combination of features and the introduction of projects like BounceBit, it promises to offer users exciting opportunities to engage with the crypto community and unlock valuable rewards. As Megadrop continues to grow and welcome new projects, it remains an essential platform for crypto enthusiasts looking to maximize their potential in the ever-expanding world of decentralized finance. How is Megadrop Different from Launchpool? Some key differences between Megadrop and Launchpool include: Participation Method: Megadrop allows users to participate by subscribing to BNB and/or completing Web3 tasks. Binance Launchpool only allows users to participate by subscribing to BNB or designated tokens. Token Subscription: Megadrop only utilizes BNB Locked Products for token subscription. Binance Launchpool offers more diversity by allowing users to subscribe to tokens through BNB Locked Products, BNB Vault, or direct staking in Launchpool. Reward Calculation: Megadrop rewards are based on the amount of BNB locked by users and the duration of lock, combined with the completion of Web3 Quests. Binance Launchpool rewards are based on the volume of subscriptions to Launchpool. Reward Enhancement: Megadrop allows users to enhance their rewards by completing tasks within the Binance Web3 Wallet. Binance Launchpool does not offer this feature.
BounceBit on Binance Megadrop. Insights and How to participate and maximize your Earnings!
Megadrop represents Binance's latest innovation, serving as a novel token introduction platform that features airdrops and Web3 assignments. Participants can pledge BNB to Fixed Products and engage in Web3 Wallet activities to secure early rewards from select Web3 initiatives, ahead of their token listings on the Binance Exchange. It bears resemblance to Launchpool, yet it integrates Binanceās Web3 wallet tasks, enhancing user familiarity and proficiency with its operations. Through the completion of straightforward tasks, participants accumulate points that translate into future rewards. The formula for calculating total points is given by: Total Points=(Locked BNB PointsĆWeb3 Task Multiplier)+Web3 Task Rewards About BounceBit - The 1st Project on Megadrop BounceBit is a unique platform designed specifically for Bitcoin, offering a restaking chain that is supported by notable investors such as Blockchain Capital and Breyer Capital. Its main goal is to establish a dedicated smart contract execution environment for Bitcoin. The platform introduces innovative concepts like the App Store and BounceBox, which allow users to quickly deploy decentralized applications within the Bitcoin ecosystem. Furthermore, BounceBit is recognized as the first native staking chain for Bitcoin, employing a dual-token system to enhance the staking process. It combines the security of Bitcoin with full Ethereum Virtual Machine (EVM) compatibility, providing a secure and convenient restaking experience. The platform uses a Proof-of-Stake (PoS) consensus mechanism and offers transparent financial services to address issues in traditional Bitcoin finance. By enabling BTC holders to participate in DeFi and CeFi markets, BounceBit aims to increase liquidity and utility for Bitcoin in a transparent and efficient manner. In summary, BounceBit is redefining the interaction with Bitcoin by offering a more inclusive and dynamic financial ecosystem through its restaking chain, smart contract features, and unification across multiple chains. The BounceBit PoS Chain will be the first showcase of BTC Restaking infrastructure. It is secured by validators staking BTC and staking BounceBitās native token ā A dual-token system leveraging native Bitcoinās security, liquidity and low volatility. Unlike existing Layer 2 solutions, BounceBit interacts with Bitcoin only on the asset level instead of the protocol level, taking a Layer 1 Proof of Stake approach. BTC in regulated CeFi Custody is locked so that the user can mint a wrapped version of BTC on the BounceBit chain, we call it bounceBTC. This BTC can be delegated to node operators, that return a voucher to the staker, stBTC. This liquid staking derivative can then be restaked to other SSCs, like sidechains, bridges and oracles, or be used to participate in further yield generation. All of this happens, while the BTC in the regulated custody is earning risk-free yield through funding rate arbitrage.
Of course for me every single Project coming on Binance I am super Bullish on BounceBit as well and I believe long-term will give really good ROI! How to participate in Megadrop? Step 1: Go to Earn section
Step 2: Search for BNB. Select 15-120 days
You can choose a fixed lock from 15 to 120 days, the longer the lock, the higher the score coefficient. Of course saying that 120 days will be the best option to maximize your Earnings! Step 3: Select quantity and click "Confirm" to complete the step of locking BNB on the exchange
How to access Binance Megadrop? šBinance App > More > Others > Megadrop > BounceBit > Quest Web3 Quests on BounceBit šThe quest for our Megadrop is as follows: āStake 0.0001 BTCB to BounceBitā Youāll need BNB for gas fees and a little bit more than 0.0001 BTCB, since the withdrawal fee for BTCB is paid in BTCB, we suggest withdrawing at least 0.000111 BTCB.
How to complete the quest? šEnsure you have enough BNB for the gas fee. šClick āStart Nowā via Binance Web3 Wallet. šSelect āBNB Chainā as your network. šEnter the amount of BTCB to deposit. šThe first transaction approves your spending cap on BTCB with BounceBit. šThe second transaction deposits your BTCB into BounceBit. š„The best in the Megadrop Program is that you can keep your $BTC and $BNB on Spot! Don't forget that! #BOUNCEBITLAUNCHPOOL #Megadrop
Renzo Protocol is a liquid staking platform and EigenLayer strategy manager. It enables users to stake their ETH in exchange for staking and restaking APR, as well as ezETH LST that can be used in various DeFi applications to earn additional rewards. It is powered by the native Renzo token ($REZ), which will be used for participating in the platformās governance voting.
To participate in the $REZ IEO on Binance, you need to have a registered account and complete KYC verification on Binance. Then, you should acquire some BNB or FDUSD tokens on your Binance account, visit the launchpool page, pick a Renzo IEO page, and stake those tokens.
On an hourly basis, you will receive rewards proportional to your share in the FDUSD and BNB staking pools, while the total rewards for each staking pool are:
212,500,000 $REZ for BNB staking pool (85% of total rewards); 37,500,000 $REZ for FDUSD staking pool (15% of total rewards).
š„PRO TIP 1: While the rewards for the BNB staking pool are much higher than for FDUSD, consider that the FDUSD pool usually has much less value locked. This means that your share in the FDUSD pool might be significantly higher than in the BNB pool, leading to higher rewards.
š„PRO TIP 2: Staking your $BNB also gives very good benefits cause you are enrolled also in Binance Megadrop Program where you can earn another free tokens!
IMPORTANT RECENT UPDATES FROM RENZO
š„With the successful upgrade to EigenLayer M2 contracts, the Renzo team has prioritized working with multiple audit firms to prepare the protocol for Mainnet withdrawals: š„HalbornSecurity, a trusted partner from Day 1 is doing a full re-audit of the protocol to be complete mid May š„Sigma Prime a new audit partner is scheduled to be complete by the end of May š„Code4rena audit contest is scheduled to begin the first week of May.
š Around 3 days to go for Farming Folks, don't wait for the last moment! Just stake your BNB or FDUSD here: https://launchpad.binance.com/en
Renzo Protocol is a liquid staking platform and EigenLayer strategy manager. It enables users to stake their ETH in exchange for staking and restaking APR, as well as ezETH LST that can be used in various DeFi applications to earn additional rewards. It is powered by the native Renzo token ($REZ), which will be used for participating in the platformās governance voting.
To participate in the $REZ IEO on Binance, you need to have a registered account and complete KYC verification on Binance. Then, you should acquire some BNB or FDUSD tokens on your Binance account, visit the launchpool page, pick a Renzo IEO page, and stake those tokens.
On an hourly basis, you will receive rewards proportional to your share in the FDUSD and BNB staking pools, while the total rewards for each staking pool are:
212,500,000 $REZ for BNB staking pool (85% of total rewards); 37,500,000 $REZ for FDUSD staking pool (15% of total rewards).
š„PRO TIP 1: While the rewards for the BNB staking pool are much higher than for FDUSD, consider that the FDUSD pool usually has much less value locked. This means that your share in the FDUSD pool might be significantly higher than in the BNB pool, leading to higher rewards.
š„PRO TIP 2: Staking your $BNB also gives very good benefits cause you are enrolled also in Binance Megadrop Program where you can earn another free tokens!
IMPORTANT RECENT UPDATES FROM RENZO
š„With the successful upgrade to EigenLayer M2 contracts, the Renzo team has prioritized working with multiple audit firms to prepare the protocol for Mainnet withdrawals: š„HalbornSecurity, a trusted partner from Day 1 is doing a full re-audit of the protocol to be complete mid May š„Sigma Prime a new audit partner is scheduled to be complete by the end of May š„Code4rena audit contest is scheduled to begin the first week of May.
š Around 3 days to go for Farming Folks, don't wait for the last moment! Just stake your BNB or FDUSD here: https://launchpad.binance.com/en
Renzo - Everything you need to know about the 53th Binance Launchpool Project + Recent Updates
Renzo protocol is a liquid staking platform and strategy manager built on EigenLayer. It allows users to stake their ETH in exchange for APR from native staking and restaking on EigenLayer, as well as the liquid staking of token from Renzo (ezETH), which can be utilized in various DeFi applications. The platform's governance layer is powered by the native $REZ token, the primary role of which is granting users access to DAO votings within the platform. Since its inception in mid-2023, the company has garnered the attention of leading funds and investors such as Binance Labs, OKX Ventures, and others, securing over $3.2 million from them. Renzo restaking protocol aims to provide users with an interface for the EigenLayer ecosystem not only on Ethereum but also on Arbitrum, Linea, Mode, Base, BNB and OKX L2 chain networks. As a liquid staking protocol, Renzo offers users a ezETH - Renzo liquid staking token in exchange for staking ETH on its platform. This token is equivalent in value to the amount of ETH contributed to Renzo. The APR for staking ETH can be tracked via the growth of ezETH. Initially, this ratio is 1:1, but over time, it increases in value according to the APR promised by the platform. However, unlike the other protocols, the rise of value of the ezETH token backed up not only by rewards from the native staking on Ethereum but also by rewards from the restaking on EigenLayer, potentially leading to the higher returns for users. The token can be also used to earn additional APR by providing it into the DeFi LP and lending protocols, similarly to the other ETH staking protocols. This innovative approach garnered the remarkable attention not only from top tier funds such as Binance Labs and OKX Ventures, but also the crypto community. Since its inception in 2023, the protocol has managed to grow its TVL (total value locked) to over $3.3B. Renzo Token š„Highly demanded product, fully aligned with current market trends and narratives of "ETH restaking" š„Huge TVL ($3B+) prior to the token launch š„Low annual token inflation rate in the first year of the token release (4.5%). š„Listing and IEO of the token on Binance š„Backing from top-tier funds including Binance Labs, Maven 11 Capital, and others š„Security and bug bounty audit hosted by Halborn and ImmuneFi š„Strong performance in PR, Social Media, Growth, and Influencer marketing š„Experienced leadership team
What is the ezETH Token? The ezETH token is the native token of the Renzo Protocol that represents a userās re-stake activities. Users that deposit ETH or other approved tokens receive ezETH tokens, which hold similar value and can be used for transactions. The ezETH token is a reward-bearing token, so its price increases relative to the underlying asset and its earned reward. These earned rewards can be in ETH, USDC, and AVS reward tokens. Users can also withdraw their staked tokens and rewards. Withdrawing assets involves unstaking the deposited assets, and it is subject to the re-staking strategy and EigenLayerās unstaking protocol. The withdrawal process can take at least seven days, depending on the above factors. Directly withdrawing ezETH tokens is not enabled. Instead, users can sell their ezETH to balancers who would convert the ezETH token to ETH. That is why the token has zero circulating supply and a total supply of 282,469 ezETH. The ezETH token provides some potential benefits to its holders. The token leverages the EigenLayer to offer higher yields than traditional staking protocols. It also allows for flexible asset management. With the ezETH token, users can reap the benefits of staking on Ethereum while participating in DeFi transactions. The Renzo Protocolās strategy manager automatically selects validators based on specific criteria to minimize slashing risks associated with validator misconduct. Finally, the protocol allows for cross-chain staking features, allowing holders to re-stake on popular layer two projects using wETH. This expands the investment opportunities open to Renzo users. A major advantage of the Renzo Protocol is the enhanced yield combined with the ezETH token, allowing re-staking assets on multiple projects.Another advantage is the cross-chain capacity, which simplifies the staking experience. And a user-friendly Interface with reduced cost.The project also has the possibility of future multi-token support for WBETH and Lasts from other projects. Using the EigenLayer, Renzo Protocol can provide a secure, trustless staking experience. š Renzo currently is super hyped especially after Binance Launchpool Announcement. I am sure we will be way above OTC Prices long-term here. Personally farming and will buy on Listing as well! š„ You can farm using your BNB or FDUSD: Go to https://launchpad.binance.com/en and choose either to stake your $BNB or $FDUSD Staking your BNB is bringing you another huge benefits. You are participating in the Binance Megadrop as well!
Megadrop,ā the new program is a token launch platform where users ācan subscribe BNB to Locked Products and/or complete tasks in their Web3 Wallet for early access to rewards from selected Web3 projects before their tokens are listed on the Binance Exchange,ā according to a Binance blog post. IMPORTANT RECENT UPDATES FROM RENZO š„With the successful upgrade to EigenLayer M2 contracts, the Renzo team has prioritized working with multiple audit firms to prepare the protocol for Mainnet withdrawals: š„HalbornSecurity a trusted partner from Day 1 is doing a full re-audit of the protocol to be complete mid May š„Sigma Prime a new audit partner is scheduled to be complete by the end of May š„Code4rena audit contest is scheduled to begin the first week of May. AIRDROP UPDATES Snapshot & Claim Timeline: šSnapshot date remains on April 26th, 2024 šClaim date is changing to April 30th, 2024 (1 hour before Binance listing) Tokenomics Update: šCommunity: Total increasing from 30% to 32% šTotal Airdrop allocation increasing from 10% to 12% šSeason 1 increased from 5% to 7% total supply (2% increase is coming from Liquidity (MMs) & Foundation) šSeason 2 allocation remains at 5% total supply Binance Launch pool: šRemains at 2.5% total supply Airdrop Eligibility: šMinimum qualification is 360 ezPoints per wallet šMajority of all eligible wallets, greater than 99%, are fully unlocked at TGE šA higher threshold is being applied for the largest wallets. Wallets with more than 500k ezPoints will unlock 50% at TGE with the remainder now vesting linearly over 3 months. This Recent Updates about the Airdrop are really important and show how passionate Renzo team is and how they care for the Community and put them on 1st Place! šStill few days left to farm Renzo Folks. It's always good to start as early as you can! See some previous Binance Launchpool Projects performance. All are doing very good and will do even better with the upcoming Bull Cycle! Happy Farming š #BinanceLaunchpool #RENZOLAUNCHPOOL
MEGADROP - The new powerful Token Launch Platform with Airdrops and Web3 Quests!
Hey Folks, Let's dive into the most important details of it! Megadrop is a new token launch platform with airdrops and Web3 quests, where users can subscribe BNB to Locked Products and/or complete tasks in their Web3 Wallet for early access to rewards from selected Web3 projects before their tokens are listed on the Binance Exchange. Think how great is that and if anyone else has something similar. Well answer is not. Again Megadrop is bringing the Revolution in #Web3 and you will be able to earn Rewards even when you do some simple tasks! Also you will be able to subscribe your BNB to Locked Products! Everything easy and very simple to do! šHow to Get Started With Megadrop: š„Log into your account š„Subscribe to BNB Locked Products and/or complete Web3 Quests to accrue scores. To complete Web3 Quests, make sure you have at least one active Binance Web3 Wallet. Register for an account and create your first Web3 Wallet now if you have not yet done so. š„Complete subscriptions to BNB Locked Products on Simple Earn to accrue scores. š„Go to Megadrop on the App (coming soon) and complete all the designated Web3 Quests to accrue scores and obtain a score multiplier. š„Receive Megadrop rewards based on your Total Score. With few words Folks, as you can see, the experience with #Megadrop will be super nice. All you will need is just few minutes a day to do the available tasks or lock your BNB to earn Rewards! As I said it's truly Revolutionary Product! Score-Based Megadrop Mechanism: šMegadrop reward per qualified user will be based on the userās Total Score in proportion to the Total Scores by all qualified users. šŖScoring System: š„Locked BNB Score: Users will get a score based on the quantity of BNB subscribed and the length of the subscription period. Longer subscriptions yield higher scores. This score may fluctuate as it is based on averages from daily snapshots. š„Web3 Quest Bonus* and Web3 Quest Multiplier: Users will get a Web3 Quest Bonus and a Web3 Quest Multiplier when they complete all the designated Web3 Quests with the minimum requirements specified. š„The system will calculate usersā Total Score by applying the Web3 Quest Multiplier to their total Locked BNB Score, and then adding the Web3 Quest Bonus. š„Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus So the best combination to earn maximum rewards will be to lock your BNB and do all the Quests! Important Notes: šExternal wallets imported to Web3 Wallet will not count. šOnly backed-up wallets that are created in Web3 Wallet may participate in Megadrop. šUsers may go to the Megadrop project page (the page will be available in the second announcement) to check if a quest is completed successfully. šMegadrop rewards will be airdropped to usersā Spot Wallets. To make a Web3 Wallet takes less than a minute. And don't forget to back it up! The first project to be introduced on Megadrop will be BounceBit (BB), a BTC restaking chain. šŖBounceBit Megadrop Details: šToken Name: BounceBit (BB) š„Max Token Supply: 2,100,000,000 BB š„Megadrop Token Rewards: 168,000,000 BB (8% of max token supply) š„Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply) At the end this is another great Opportunity for all people around the Globe from Number 1 CEX to get involved into Projects with great long-term potential and earn Rewards easily and smoothly with just a simple steps and just a little time a day! #Megadrop
Amazing Opportunity for New Users on Binance - $10 Bonus and chance to get a Golden Egg with 1 BTC!
Hey Folks. I want to share this amazing opportunity with you. All you need is to follow 2 simple steps! 1. Register here: https://accounts.binance.info/en/register?ref=10111579 You will get $10 Bonus. Just don't forget to do KYC! 2. Open the Egg here: https://www.binance.com/en/activity/red-packets/RP1497937771852924851300/share?utm_medium=web_share_copy More information about the Campaign you can find here: https://www.binance.com/en/support/announcement/golden-egg-giveaway-sign-up-with-binance-now-to-share-over-200-000-in-btc-rewards-with-1-whole-bitcoin-up-for-grabs-6375aa918ed74795aa4c9eb658dac893 #BinaceEaster #EasterBitcoin #EasterWithBTC
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