TWT at Trust Wallet holds its value. Remember back in the day when I bought OTC cheap and then sold at 0.5$ , and now the price is still sideways at $1. A good product or a good coin is one that is not heavily diluted. Talking is no match for a good product.
Instructions for participating in Binance Megadrop with BounceBit @BounceBit
1. Prepare ⁃Binance account has KYC: Make sure you have verified your identity (KYC) on Binance. ⁃Binance Web3 Wallet: Create or use a Binance Web3 wallet. Make sure you have backed up your wallet. Only use newly created Binance Web3 wallets, do not use wallets imported from external wallets such as Metamask. ⁃BNB and BTCB: BNB is required to pay gas fees for transactions and at least 0.0001 BTCB to perform the task.
2. Lock BNB
Step 1: Access Binance App on your phone.
Step 2: Select "More" and then select "Megadrop".
Step 3: In the Megadrop section, select "BounceBit".
Step 4: Next, select "Quest" and then select "Lock BNB".
Step 5: Register the amount of BNB you want to lock in the "Lock BNB" section of Simple Earn.
3. Complete the Web3 quest
Step 1: Transfer BNB and BTCB from the exchange to the Binance Web3 wallet.
Step 2: Access BounceBit Megadrop via Binance Web3 wallet.
Step 3: Perform the task "Stake 0.0001 BTCB to BounceBit" by selecting "Start Now" and following the instructions.
4. Calculate points and take notes Scoring: Your score depends on the amount of BNB you have locked and the completion of Web3 tasks.
Total points are calculated using the formula: (Key BNB Points * Web3 Task Coefficient) + Web3 Task Reward.
CYCLE ?! Many investors often consider the market cycle. Like real estate 10 years, stock 10 years, gold 10 years, crypto 4 years... But factors affecting the market can break the cycle such as war, epidemics... Gold price in 2010 peaked at 36 million, in 2020 it was 60 million, now in 2024 SJC peaked at 85 million and could reach 100 million in 2025. So it does not follow a 10-year cycle because there is an impact of war factors pushing up prices. Gold price increases. Crypto's current 4-year cycle may be correct, but we don't know what the future holds. Plan yourself a correct investment strategy.
What is Binance Megadrop? How to start using Binance Megadrop.
Binance Megadrop is a new token launch platform, seamlessly integrated with Binance Simple Earn and Binance Web3 Wallet, bringing a groundbreaking airdrop experience to users. Megadrop offers users early access to several Web3 projects before they are listed on Binance. This unique combination of interactivity, educational information, and rewards helps Megadrop deliver an unparalleled interactive experience across Binance and the entire cryptocurrency ecosystem.
Binance launches Megadrop platform - Introducing the first project Bouncebit
Binance Megadrop is a new token issuance platform that integrates Binance Simple Earn and the Binance Web3 wallet
Megadrop will help users get early access to selected projects before being listed on Binance
The simple explanation is that you will use BNB to lock in Simple Earn to get points. Then complete the accompanying tasks to have a chance to receive additional airdrops based on the final score.
Bouncebit - The first project on Megadrop and will be listed on Binance with $BB token
This is a staking platform on the Bitcoin network, supporting the conversion of BTC to more flexible forms such as BTCB / WBTC, enabling BTC holders to participate in CeFi & DeFi to earn more profits
In addition to Binance Labs, the project previously called for 6 million USD in capital through 2 rounds from names such as OKX Ventures, NGC Ventures, Blockchain Capital,...
Total supply: 2.1 billion, of which 168 million (8% of total supply) is for Megadrop
The market is down and I really want to buy, but I don't have any money left? That's a problem a lot of people have. The difference in investment is the division of capital, also known as capital management. For example, there are 2 brothers, 1 named That, the other named Bat. These two people both have equal capital of 10 billion. In 2021, real estate (real estate) peaked, then 1 year later real estate decreased significantly. Mr. That spent 10 billion to buy a project of about 7 billion, construction cost about 3 billion more to make it 10 billion. Mr. Bat is sure to spend 4 billion to buy a house on the street and then rent it out for 5 million per month. By 2023, real estate prices will continue to decrease, Mr. That's land is still in the completion stage, prices are falling, and there is no liquidity. There is a house next to Mr. Bat's house, with the same area, for sale for 3 billion. He still had 7 billion left. He told his wife to withdraw his savings and buy the house next door to make the frontage larger. Mr. Bat closed the deal for the house next door for 3 billion, then demolished it to make it larger, then rented it to a clothing shop for 13 million/month. In 2024, land prices warmed again, Mr. That's project land was not yet completed, the price did not increase, but the price of the 2 houses Mr. Bat bought increased dramatically. The average purchase price is 7 billion, now someone is asking to buy 9 billion. So we see that the problem here is capital management!?
The difficult problem in the current Ethereum ecosystem is fragmentation due to the birth of too many layer 2 rollups. Each rollup has its own ecosystem, causing users and liquidity to be divided, reducing efficiency. global network results. Omni Network was born with the goal of unifying all these rollups, re-establishing connectivity and interaction between them
How can Omni Network do that? The answer lies in groundbreaking "restaking" technology. By combining the security of Ethereum with a blockchain architecture optimized for speed, the Omni Network becomes the infrastructure layer that links rollups, allowing seamless communication and, through them, recovery of rollups. Global network effects have been damaged.
This opens up a whole new design space for application developers. They can build global applications across rollups, enjoying tremendous economic benefits from a unified liquidity market and deep application federation. Existing tokens can also be upgraded to access this global liquidity without the need to redeploy smart contracts.
In addition, Omni Network also supports a wide range of partners such as EigenLayer, Sushi, Injective, Arbitrum, Flow, Optimism and many more. This is evidence of practical implementation and widespread community acceptance of the project.
A special layer 1 protocol, allowing the creation of parallel blockchains and interoperability between them. This means Saga wants to change the way developers and end users interact with blockchain. Using a common security system and improved confirmation management, Saga is creating a groundbreaking blockchain platform.
What's interesting about Saga is that it makes launching independent blockchains, called "Chainlets", as easy as deploying smart contracts. This means you can create your own blockchain quickly and conveniently. In addition, Saga also supports maximum extension layer features for Web3 infrastructure, helping to connect to different applications and services flexibly.
The Saga project has made significant progress in modularizing the Cosmos stack. This makes deploying the application chain much easier, in just a few hours instead of months like before. To prove Saga's impressiveness, the project has completed Pegasus Testnet V1, SSC Testnet V1 and is currently preparing for Saga Testnet - the final preparation step before mainnet launch.
Saga is creating a significant change in the blockchain world. With the ability to create independent blockchains and interoperability between them, Saga promises to bring a lot of potential and opportunities to the crypto community.
GREED Continuing the story of Maria's uncle In 2022, my uncle often heard information on YouTube and saw some kols mentioning bitcoin halving, so he started to pay attention and asked Maria. Maria explained and told me that if you want to invest, you should spend $100 each month and send it to me to buy. The guy gives Maria $100 every month to buy since the Bitcoin price was $35-36k After about 6-7 months, the price of Bitcoin dropped to below 20k$. That month, I asked him why he didn't buy it anymore, he told me to wait until he came down again and then buy it. Some time later, Bicoin went up to 25k$ again and he called again to buy it back for him. And so I started buying again. Bitcoin reached 30k$ so I sold all of your Bitcoin and told you to let me optimize it for you. Luckily, Bitcoin touched $30k then adjusted to $25k, I bought it back for him at more than $26k, an optimization of nearly 20%. Bitcoin hit 25k$ and went up again, this time the price went back up to 30k$, he impatiently said he knew that so he bought more. That day, while I was sitting, he called me and told me he had transferred 100 million to me so I could buy coins. I said why do you transfer so much, why don't you invest $100 every month, then save it up. He told me to wait for it to decrease and then buy it. And then it goes up forever without decreasing. The amount of money he invested in was about 20 million and I "stirred it up" and made a profit, but the 100 million he just deposited hasn't been touched yet. When bitcoin reached over 64k$, I sold what I bought and made a profit of over 40 million. I transferred more than 160 million to you. In which capital is 120 million and profit is more than 40 million. Even though he made a profit, he still blamed me for giving me 100 million and not buying it. You said you bought the whole 100 million at 30k, so now you have a profit of 100 million? It's really difficult to hold money and buy on behalf of someone. If I buy it, I only dare to buy 20% when the price is adjusted. The above story has been experienced by many people
4. Investors - July 17, 2023: Seed round raised $6.5M led by Dragonfly Capital with the participation of funds and CEX exchanges such as: Wintermute, Delphi, GSR, Lightspeed, OKX, Bybit, Deribit, Gemini, Houbi ,… - February 15, 2024: Funding round raised from Binance Labs with an undisclosed amount. - February 16, 2024: Strategic round raised $14M at a valuation of $300M led by DragonFly, Maelstrom with the participation of a number of investors such as: Paypal, Franklin, Fidelity, Binance Labs, Deribit, Gemini, Kraken .
5. Tokenomics - Core Contributors – 30%: Distributed to the Ethena Labs team and advisors who worked on the protocol to develop USDe. - Investors – 25%: Allocated to investors supporting the development of the Ethena protocol, to launch the protocol and reserve funds to support the launch of Ethena. - Foundation – 15%: This allocation will be used for further initiatives to expand USDe's reach. - Ecosystem Development – 30%: Allocated for ecosystem development, of which the first 5% is airdropped to Ethena users before launching the Token. The remainder will be managed by DAO and reserved for programs and cooperation to promote the development of the project.
In addition, ENA Token is mainly used for project administration. Tokens are used to incentivize users and serve as reserve funds to develop future products.
Ethena (ENA) Overview - Part 1 Information about Ethena (ENA), Products, Token Use Case, Tokenomics,...
1. Ethena is the first project to introduce the Stablecoin model with the highest profit threshold of ~ 30%. Ethena is also highly appreciated by funds when raising more than $20M, Dragonfly alone leads 2 rounds of funding, and also has an impressive launch with more than $1.3B TVL after only 3 months of launching the platform.
Stablecoin profits come from Staking Reward by using LST as collateral and Funding Rate fees of Short ETH positions on CEX. Staking rewards from LST are only about 3% to 4% but Funding Rate fees are higher, ranging from 0% to 20% per year.
The project is highly appreciated by leading investment funds in the market such as Binance Labs, Dragonfly Capital, Lightspeed, etc. However, there are also many mixed opinions about the risks of this project from analysts in the market. .
2. Ethena has 2 main products: USDe and sUSDe - USDe: Is a Stablecoin peg peg 1:1 with USD. Stable assets such as USDC, USDT, DAI, crvUSD, mkUSD, GHO can be used to buy USDe on the DEX or right in the Ethena user interface. - sUSDe: An asset that brings profits from accumulating Staking Reward and Funding Rate. sUSDe initially had the same value as USDe, but as time went on, 1 sUSDe became more valuable than 1 USDe. This model is similar to rETH or wstETH.
3. The project team includes names such as: - Guy Young – Founder at Ethena Labs, Elliot Parker – Product, Brian Grosso – Head of Full Stack Eng, Amine Mounazil – Research Analyst, Seraphim Czecker – Head of Growth
LEARN, LEARN MORE My friend Maria works at the Hanoi Tax Department. Playing Bitcoin since 2018, I also lost hundreds of millions that time. I'm so bored that I quit and don't care about virtual money anymore. The 2021 uptrend wave is coming again, I jumped in to buy Eth for 2000$. Eth increased to more than 4000$ a and sold profitably. A took profit on long short and lost it all. My friend sent me 100 million to buy Eth for me at over $2,000. I didn't buy it, but instead I took that money and went long and short and burned it all. In the end, I had to borrow money to pay my friend, and vowed never to touch virtual money again. I told him to stop playing and if he had any documents, I would like to study and learn about them first, then play again later. Asking for documents, he constantly studied at night, researched online, joined groups, learned all kinds of knowledge and indicators... Yesterday Maria passed by the tax department and ordered him coffee. He sat quietly, his eyes filled with sadness, he said he just lost 1 billion...!?
With the current Ethfi farming situation, 1BNB will give a rate of nearly 1Ethfi if finished.
If you have 100BNB, you get 100Ethfi Each launchpool usually gets a minimum of 1%. That is, with 100BNB capital, you will receive 1BNB=600$ So Ethfi price will be about $6
Once upon a time there was a song "Goodbye dear Bitcoin, goodbye Shiba dog, goodbye Dogecoin too, I have to sell my house tomorrow, oh how can I forget it, Elon" Now preparing for the lesson "Goodbye dear bitcoin, goodbye pepe frog, goodbye Bome (parents) too, tomorrow I'm going bankrupt, how can I forget forever? "ml or shill" :))
BUY S.H.I.T I know a girl who used to participate in a running group. Her name is Moon. Ms. Trang is the wife of a boss who is the Director of Forecasting at the Ministry of Literature.
Ms. Trang loves reading, every morning she wakes up at 5:00 a.m. She said to create a habit of reading books to upgrade her knowledge.
Ms. Trang is very knowledgeable about social issues, on astronomy and geography... She has some knowledge in business investment, but she is still stuck with 400 million in SCB bonds and cannot get them. She found herself "playing coin" too, she told me that last time she bought a S.h.i.t, I asked what S.h.i.t was, she said it was a dog coin but that Kols shill batch. Ah, that's when I remembered it was Shiba coin.
Ms. Trang clapped her hands again and said: "At that time, I bought more than 70 million. By the time it reached more than 500 million, I was so happy, I invited my friends to eat and drink for up to 10 million." Ms. Trang was sad again: "But my dear, at that time I didn't close it, it was painful. I was still thinking that it would still go up to 1 billion before I closed it." And then when talking to me, I asked how many sisters were there now. She said she still had about $500 left. I'll take it out for her. I'll sell it and use the money to eat something delicious. I'll leave it here like a wasted SCB bond.
And now shiba is back, I wonder if she still remembers S.h.i.t...!
THE POWER OF CASH The crypto market is truly profitable like no other financial market. There are coins capable of x100 or even 1000 times. But it is very difficult to buy in large quantities and hold x50-100 times, let alone hold 1000 times. So how do assets increase? The answer is only long-term investment.
We imagine a child from birth to adulthood, finishing college at about 22 years old. If the family has the conditions, they are willing to spend a few hundred, or billions, to apply for a job for their child, so that they can get a job with the hope of leisure and high salary. But for families without conditions is a problem.
Telling a story in Maria's hometown, there was a couple who worked as sand laborers (in the past, sand was sucked from the river and gathered into a large beach. Anyone who needed to build could go to the beach to buy it). This uncle's job is to carry sand from the beach to the truck. If you don't have an education, you can sell your labor to make money. My aunt and uncle had a son. When he went to work every 2-3 months, he bought 1 tael of gold for his son. He said he would buy it so that when he was 20 years old, he would have enough money to send him to school. If you apply for a job and need money, you still have money to "run". Fast forward 20 years, her son also passed the entrance exam to the National Economics School. After completing his studies, he applied for a job at Viettel, but after 1 year of working, he left the city and returned to his hometown to build a VAC model (garden and pond). ). His parents sold 10 gold bars to invest in him. At first the business failed due to lack of experience, losing 200 million. He did not back down, determined to go to school, research, and recently when I returned home for Tet, I saw him driving his parents in a Lexus.