Breakdown of the NIL Launchpool APR – Personal Calculation
I recently participated in Binance’s $NIL Launchpool by staking $BNB and decided to track the returns carefully.
By selling the NIL tokens on listing day, the effective APR reached ~20%—higher than most passive yield opportunities.
While the Launchpool has ended, this confirms a key advantage of holding BNB on Binance: between Launchpool rewards and base staking, the combined APR often outperforms major DeFi platforms like Venus.
If you’re optimizing for yield, timing token sales at listing can significantly boost returns. Let me know if you’d like the full calculation details.
Here’s an updated summary of the latest news about the Bybit hack:
1. Hacker Attack: Bybit, one of the leading cryptocurrency exchanges, was hacked on February 21, 2025, with an estimated loss of $1.4 billion in Ether ($ETH ). The attack has been attributed to the North Korean hacker group Lazarus.
2. Fund Recovery: Bybit has stated that they have fully recovered the value of the stolen assets through loans, whale deposits, and purchases. Approximately $42.85 million of the stolen funds have been frozen on various platforms.
3. Market Impact: The attack caused temporary volatility in the cryptocurrency market, with the price of Ether dropping by over 7% immediately after the attack but later recovering some of its value.
4. Security Measures: Bybit is strengthening the security of its platform and has launched a reward program for anyone who helps recover the stolen funds. Additionally, they are collaborating with blockchain security experts to trace the stolen funds.
Follow up ti my previous post. This gateway I'm reposting means that You can withdraw your gains from $S ($FTM ) ecosystem. This bring more trust because You don't feel your funds block in there.
Fantom Foundation
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The Sonic Gateway is here.
Bridge USDC, EURC, WETH, and FTM from Ethereum to Sonic securely now.
I'm findung some good defi opportunity in $S (ex $FTM ) ecosystem. So I'm very Happy for this announcement!
Binance Announcement
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Binance to support Fantom (FTM) token swap and rebrand to Sonic (S)
This is a general announcement and marketing message. The products and services mentioned herein may not be available in your region. Dear Binance community members! Binance will support the Fantom (FTM) token swap and rebranding to Sonic (S). On 13/01/2025 at 05:00 (Kyiv time), Binance will remove all existing FTM spot trading pairs (i.e. FTM/BTC, FTM/BNB, FTM/ETH, FTM/EUR, FTM/FDUSD, FTM/TRY, FTM/USDC and FTM/USDT) and cancel all pending FTM spot trading orders. On 16/01/2025 at 10:00 (Kyiv time), Binance will open trading on S/BTC, S/BNB, S/ETH, S/EUR, S/FDUSD, S/TRY, S/USDC and S/USDT trading pairs.
Players of the Telegram-based game Catizen are upset after surprise changes to the CATI token airdrop, leading to lower-than-expected rewards. Pluto Studio altered the token distribution criteria due to concerns over bot usage, shifting the focus from in-game earnings to on-chain activities and purchases. Many players feel cheated, particularly those who invested significant time rather than money, sparking the hashtag #catizenscam on social media. The token launches on September 20, but the controversy continues.
Binance will be the first platform to list the token mentioned herein, with trading starting at 2024-09-26 12:00 (UTC).
Binance will support the distribution of the HMSTR airdrop claims for eligible users who choose to accept the distribution to their Binance account from the HMSTR airdrop claim page
Lock $BNB : 2,550,000,000 HMSTR in rewards (85%)
Lock $FDUSD 450,000,000 HMSTR in rewards (15%)
Farming Period: 2024-09-19 00:00 (UTC) to 2024-09-25 23:59 (UTC).