Reddio (RDO) Launches as 20th Token Generation Event on Binance Wallet via PancakeSwap
Binance Wallet Announces Reddio (RDO) as 20th TGE via PancakeSwap, Opens May 29Binance Wallet has officially announced the launch of Reddio (RDO) as the 20th Token Generation Event (TGE) on the platform, in partnership with PancakeSwap and Reddio.com. This exclusive event allows eligible users to subscribe using Binance Alpha Points, continuing Binance’s push to empower early adopters in the Web3 space.TGE Subscription TimelineDate: May 29, 2025Time: 08:00–10:00 UTCEligibility: Users must use Binance Alpha Points to participate in the subscription process.This marks a significant step for Reddio, a Layer-2 zkRollup-based infrastructure provider for Web3 gaming and NFTs, as it leverages the reach of PancakeSwap and Binance Wallet’s growing ecosystem.Upcoming Campaigns: 400 Million RDO Tokens AllocatedIn addition to the TGE, Binance announced that an extra 400,000,000 RDO tokens will be allocated to upcoming promotional campaigns — details of which will be revealed soon. These campaigns are expected to include trading competitions, staking rewards, or community airdrops designed to incentivize engagement and reward long-term holders.What Is Reddio (RDO)?Reddio offers a Layer-2 scaling solution built with zkRollups for Ethereum, enabling low-cost, high-speed NFT and game asset transactions. With its focus on developer-friendly APIs and wallet integration, Reddio aims to streamline infrastructure for Web3 gaming projects.
Binance Futures Launches MERLUSDT Perpetual Contract With Up to 50x Leverage
Binance Futures to Launch MERLUSDT Perpetual Contract With 50x Leverage on May 29Binance Futures continues expanding its derivatives offerings with the launch of the MERLUSDT perpetual contract, allowing users to trade Merlin Chain’s native token (MERL) against USDT with up to 50x leverage.Launch Date:May 29, 2025, at 08:30 UTCTrading Pair: MERLUSDT (USDⓈ-Margined Perpetual Contract)Key Contract Details:FeatureDetailsUnderlying AssetMERL (Merlin Chain)Settlement AssetUSDTLeverageUp to 50xFunding Rate Cap±2.00%Funding IntervalEvery 4 hoursTick Size0.00001Trading Hours24/7Multi-Assets ModeSupportedContract Address0xa0c56a8... Futures Copy Trading:MERLUSDT will also be available for Futures Copy Trading within 24 hours of its launch.What Is Merlin Chain (MERL)?Merlin Chain is a Layer 2 scaling solution designed for the Bitcoin ecosystem. It integrates ZK-Rollup networks, decentralized oracles, and fraud-proof mechanisms to enhance security, scalability, and interoperability for Bitcoin-based applications. The project aims to extend Bitcoin’s use cases beyond store-of-value, tapping into DeFi and Web3 utility.Additional NotesThe Multi-Assets Mode allows users to trade MERLUSDT using different margin assets like BTC.Trading this contract is independent of spot listing status.Binance may adjust parameters such as funding fees or leverage based on market conditions.MERL is already listed on Binance Alpha Market.
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