How to Borrow and Repay BNB, Detailed Tutorial Available (with Images):
Regarding the requirement to hold BNB for new projects, how can one avoid the risk of price fluctuations?
If you hold BNB for new projects, you can operate directly. If you do not hold the spot, you can choose to hedge through contracts or use lending to avoid price risk. I won't introduce contracts here; everyone understands them. If you don't understand, leave a message. This article mainly teaches you how to lend BNB.
There is a rule for lending: you can only borrow 80% of the staked assets, so prepare sufficient funds. And regarding interest, this can actually be neglected; it’s really very low.
How to lend BNB on Binance:
Step 1: Open the web3 wallet — click on Discover below — then click on the DApp at the top, scroll down, find Venus in the BNB Chain ecosystem section, and click to enter (decentralized lending market). Click on Connect wallet in the upper right corner to connect your wallet, select Binance Wallet to connect.
Step 2: After connecting the wallet, scroll down to find USDT (I am using USDT as collateral here; if you want to pledge USDC·FDUSD, choose accordingly). Enter the amount of collateral you want to supply here and make sure to check this box, then input the USDT you are pledging (I used 35 USD as an example). Then click on Supply below to confirm the collateral.
Step 3: Click on the back button in the upper left corner to return to the Venus homepage, scroll down, find the BNB option and click to enter. Click on Borrow (which means to borrow), input the amount of BNB to borrow, then click on Borrow in the blue box at the bottom. A contract call will pop up; just confirm, and you’re done. In this tutorial, I only pledged 35 USDT, and you can input the amount you wish to borrow.
How to repay the borrowed BNB:
Return to the borrowing interface, click on Repay to return the coins. Click MAX for the repayment amount since there is a bit of interest generated from borrowing. Then click on Repay in the blue box at the bottom; confirm the contract call that pops up, and you’re done.
The redemption process is the same: first, go to the position where you pledged USDT, click Withdraw to extract, amount directly MAX, then click on Withdraw in the blue box below to proceed with the extraction. The contract call will pop up; just confirm, and the extraction is complete.
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In October, a wave of black swans caused BTC returns to drop from +5.16% in September to -3.69%, with the current return in November at -2.35%
Now, the $BTC has returned to the 10 range, and what everyone is most concerned about is whether the market is bearish. In fact, for the current market of Bitcoin, it is still too early to say whether it is bearish. After BTC stepped into the 100,000 threshold, it was equivalent to entering a new level, with retail investors' chips slowly concentrating in the hands of institutional large holders. The focus now should be on the 100,000 USD line. Whether it is institutional costs or miner costs, they are basically at this line. If this line holds, the market cannot yet be called bearish.
Since BTC surged to 100,000 in May, it only dipped to the 100,000 threshold once in June and quickly recovered. The rest of the time, it has maintained fluctuations above 100,000.
Recently, Bitcoin has been continuously declining sharply, and if there is panic, it is the large institutional holders who panic first. So if the sky falls, it is the tall ones who support it. Retail investors do not need to panic too much. The return rate in October has been positive for five consecutive years, and this year marks the first negative in nearly six years. Who knows, November and December might surprise everyone!!!!
The score requirements for KITE at 7 PM are still considered normal, with the first tier score line at 237 and the second tier score line at 215. The airdrop revenue should also not be very surprising, probably around 50U or so.
KITE is expected to distribute around 7 PM, with spot trading going live at 9 PM, likely in phases
TITN is expected to go live for distribution around 5 PM, first come first served
Recent scores have been relatively high; if it’s the first or second phase, the first phase should be at least around 240 points. Today's KITE should be considered decent given the current airdrop situation, with at least around 50U in profit.
The previous chat room was full, so a new one has been created; everyone can follow and scan the code to enter!!!
4 o'clock TITN Currently, the coin price is 0.092U Distributing 320 pieces, which is about 29U in profit. Everyone should consider whether to抢 or not. I am not qualified!!!
Those who haven't joined the chat room, remember to join the chat room, I will notify everyone in the group as soon as possible.
TITN will go live at 4 PM, distributing 320 tokens, first come first served, around 30U small profit, the recent profits are quite similar, not much to look forward to, anyway, if you meet the threshold, just grab it, it’s just about leveling the wear!!!
Remember to follow if you haven't yet, I will update the coin price in real-time after the tokens enter on-chain circulation, you can now join the new chat room, just scan the code to enter!!!
KITE is expected to distribute around 7 PM, with spot trading going live at 9 PM, likely in phases
TITN is expected to go live for distribution around 5 PM, first come first served
Recent scores have been relatively high; if it’s the first or second phase, the first phase should be at least around 240 points. Today's KITE should be considered decent given the current airdrop situation, with at least around 50U in profit.
The previous chat room was full, so a new one has been created; everyone can follow and scan the code to enter!!!
I've been so busy these past couple of days that I forgot to check my score. By the way, should I just take it easy and rest, or should I keep grinding? Classmates, give me some advice, haha!!!!!!
Now it is impossible to reach the threshold of Stage 2, 245 points can be obtained in Stage 1, 230 points can be obtained in Stage 2, those with high scores should hurry and use them up a bit more, give us low scorers a little chance!!!
BOS airdrop at 7 PM, first come first served with 240 spots available, current on-chain price is 0.012U, airdrop distributing 2688 tokens, which is about 30U gross
Please complete the wallet task in PIEVERSE by yourself, a tutorial was previously released.
However, this time the transaction receipts for USDT and BNB are not counted in the task completion range. Everyone can exchange 0.1U of MYX in their wallet first, and remember to keep a little BNB for gas fees. Choose MYX for payment, and entering 0.0001MYX will complete it. Then you need to complete it continuously for 3 days.
The last task is to create a receipt and share it. Choose Binance Chain for the blockchain network, and select the token you used for the previous invoice payment. Previous records are also acceptable; initially, everyone used USDT, so select USDT, then click scan to transfer, find the previous invoice record (if there is none, you can create an invoice and pay now), then generate the receipt and jump to the sharing interface to share directly. If it shows download restricted, click 'View in Browser', and completing it 3 times will validate the task.
There have been a lot of things recently, so the updates are not as timely. If you have any questions, feel free to follow and leave a message. The homepage (Ah Li Sai Tian Xian) has operation videos for everyone to reference!!! #币安Alpha上新
I have connected the BNB of $BNB 1090, waiting for you to slowly get on board. The presale TGE at 4 PM this afternoon, as long as the scores meet the standards, don't miss it. After all, the presale is mostly large holders, with past general returns around 100U+, and many have reached 200U+
There’s another question everyone is concerned about: why does it say that interest rate cuts should lead to a rise, but instead the market has dropped?
The Federal Reserve's interest rate decision meeting has already started today, with data to be released at 2 AM Beijing time tomorrow, and a press conference at 2:30 AM. The drop is mainly due to the cryptocurrency market generally buying on expectations and selling on facts, meaning that everyone anticipates an interest rate cut and has already entered the market ahead of time. If the actual interest rate cut doesn’t differ much from the expected point, there will be a wave of profit-taking pressure. However, the essence of the impact of interest rate cuts on the cryptocurrency market is the inflow of capital in the later stages. As long as the interest rate cut is implemented, the market downturn is only temporary, and the market will gradually warm up later.
Spot traders don't need to panic, contract seed players should manage their stop-loss and take-profit levels well. If the trades start to become profitable, then move the stop-loss up. Interest rate cut risks, raise profits!!!!!!
Also caught an airdrop that can be eaten with 210 points
Going live at 6 PM ALPHA, token 42, score requirement 210, first come first served, airdrop of 200 tokens, contract goes live at 6:30, airdrop earnings estimated to be around 70
Everyone, please follow, I will enter the transaction about 5 minutes before ALPHA goes live, and I will update the coin price situation in real time
This is how points are brushed, the reverse can no longer meet the current market and myself, it's okay if there aren't enough airdrop points to grab, just reward myself with a few small airdrops every day
Today's Airdrop Announcement: 4:00 PM ALPHA airdrop goes live ON, 220 points, first come first served, distributing 200 tokens; 6:00 PM ALPHA airdrop goes live AT, 220 points, first come first served, distributing 200 tokens; The price is around $0.25
The estimated return for ON is about 60U, and if the airdrop goes live, the return is around 40U. It is recommended to consider the situation, if it hits around 0.2U, those who didn't get the airdrop can buy a little.
AT raised 3 million in seed round last year, and this year's strategic round is led by YZi Labs. The specific amount is not very clear, but after YZi Labs led the round, they directly started going live, which is somewhat related.
The estimated return for AT is about 50U, whether to consider depends on the launch situation.
Overall, today's two airdrops are quite good, although they are not huge profits, but also not small profits of twenty or thirty U. Remember to give a like to Ah Li, and I will share any suitable opportunities.