LIVEYanbi22
@Late_Night_with_Yanbi
I'm passionate about all things crypto, from blockchain technology to decentralized finance. With a background in finance and a keen interest in technology.
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Nice article #BinanceLaunchpool
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Ethereum Daily
--
Renzo - a Strategy Manager and Liquid Restaking Token (LRT) for EigenLayer
🔥 Renzo Protocol Spotlights
$3.3B Total Value Locked833M EigenLayer Points33.5% Restaking Market ShareTop 10 DeFi protocol by TVL7 Networks250k+ active community members
What is the next for $REZ?
🔹 Firstly, Farming Free $REZ on Binance Launchpool, Don’t miss it👇
https://launchpad.binance.com/en/launchpool/REZ_FDUSD?ref=KCLHB03N
🔹 Secondly, Take a deep dive into LRT & Renzo Ecosystem
A thread: 🧵🔽
#REZLAUNCHPOOL #BinanceLaunchpool #RENZOLAUNCHPOOL
1/ Renzo Protocol Overview
Renzo is built to promote the widespread adoption of Eigenlayer.
It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking.
The protocol abstracts all complexity from the end-user and enables easy collaboration between them and EigenLayer node operators.
2/ $REZ Tokenomics - Price Prediction
$REZ Token Allocation:
Binance Launchpool: 2.50%Airdrop: 10.00%Investors & Advisors: 31.56%Team: 20.00%Foundation: 13.44%DAO Treasury: 20.00%Liquidity: 2.50%
2.1/ $REZ Utility
REZ will be used to vote on governance proposals on matters regarding the Renzo protocol, some of which will be key measures to the operations of the protocol, such as:
General risk management frameworks
Deposit & collateral asset & concentration amounts
Operator whitelisting
Actively Validated Services (AVS) whitelisting
Treasury and community grants
2.2/ Price Prediction
The total supply of $REZ is 10,000,000,000 and the circulating supply upon listing will be 1,050,000,000 (~10.50% of the total token supply.)
🔹 Compared with the most recent EtherFi fundraising, Renzo's seed round valuation of around $25M in Jan 2024 is not too impressive.
🔹However, Renzo TVL reached $3.33B ( EtherFi at $3.82B)
Besides, Renzo supports 7 Networks including ETH - ARB - BNB- MODE - BLAST - Linea - BASE with 250k+ active community members
🔹 $REZ is now OTC traded at 0.12$ on Whales Market with a market cap of $126M, but I think it could reach $0.2 - $0.25 at the listing due to the hype of restaking narrative on Binance.
3/ Key DeFi Integrations
Renzo Protocol has integrated with notable DeFi Dapps including Morpho, Balancer, Curve, Pendle, Gearbox, and Compound.
Besides, Renzo’s ezETH integration with Chainlink allows for new DeFi integrations that require Chainlink price feeds, including Compound Finance.
After reviewing various Oraclere solutions, Renzo integrated Chainlink Price Feeds because they provide a multitude of critical features such as:
High-Quality DataSecure Node OperatorsDecentralized NetworkReputation System
4/ $REZ is Now Live on Binance Launchpool
Binance users and the community can now Earn $REZ by easily staking $FDUSD and $BNB from April 24th to 29th.
85% of $REZ rewards are distributed to the $BNB Pool
15% of $REZ rewards are distributed to the $FDUSD pool
Seize the huge opportunity to earn FREE $REZ now
https://launchpad.binance.com/en/launchpool/REZ_FDUSD?ref=KCLHB03N
5/ How to Earn 2x - 3x ezPoints on DEX LP
For EigenLayer Restaking points, the pool can only accumulate 1 point per hour per ezETH in the pool. This will get redistributed pro-rata to the LPs.
For Renzo ezPoints, LPs receive 2x the value in the pool per hour. The pool will accumulate 2 points per ezETH or wETH per hour held in the pool. This will get redistributed pro-rata to the LPs.
5.1/ 3x ezPoints Boost on selected DEX LP!
Users who supply liquidity between April 20th-27th, 9PM UTC on the following DEXs will receive 3x ezPoints:
• Aura
• Balancer ETH
• Balancer ARB
• Kim Mode
• Nile Linea
• Thruster BLAST
• Juice v3
• Pendle ETH (new pools)
• Pendle BNB (new pools)
Find more pools
https://docs.renzoprotocol.com/docs/integrations/defi
$3.3B Total Value Locked833M EigenLayer Points33.5% Restaking Market ShareTop 10 DeFi protocol by TVL7 Networks250k+ active community members
What is the next for $REZ?
🔹 Firstly, Farming Free $REZ on Binance Launchpool, Don’t miss it👇
https://launchpad.binance.com/en/launchpool/REZ_FDUSD?ref=KCLHB03N
🔹 Secondly, Take a deep dive into LRT & Renzo Ecosystem
A thread: 🧵🔽
#REZLAUNCHPOOL #BinanceLaunchpool #RENZOLAUNCHPOOL
1/ Renzo Protocol Overview
Renzo is built to promote the widespread adoption of Eigenlayer.
It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking.
The protocol abstracts all complexity from the end-user and enables easy collaboration between them and EigenLayer node operators.
2/ $REZ Tokenomics - Price Prediction
$REZ Token Allocation:
Binance Launchpool: 2.50%Airdrop: 10.00%Investors & Advisors: 31.56%Team: 20.00%Foundation: 13.44%DAO Treasury: 20.00%Liquidity: 2.50%
2.1/ $REZ Utility
REZ will be used to vote on governance proposals on matters regarding the Renzo protocol, some of which will be key measures to the operations of the protocol, such as:
General risk management frameworks
Deposit & collateral asset & concentration amounts
Operator whitelisting
Actively Validated Services (AVS) whitelisting
Treasury and community grants
2.2/ Price Prediction
The total supply of $REZ is 10,000,000,000 and the circulating supply upon listing will be 1,050,000,000 (~10.50% of the total token supply.)
🔹 Compared with the most recent EtherFi fundraising, Renzo's seed round valuation of around $25M in Jan 2024 is not too impressive.
🔹However, Renzo TVL reached $3.33B ( EtherFi at $3.82B)
Besides, Renzo supports 7 Networks including ETH - ARB - BNB- MODE - BLAST - Linea - BASE with 250k+ active community members
🔹 $REZ is now OTC traded at 0.12$ on Whales Market with a market cap of $126M, but I think it could reach $0.2 - $0.25 at the listing due to the hype of restaking narrative on Binance.
3/ Key DeFi Integrations
Renzo Protocol has integrated with notable DeFi Dapps including Morpho, Balancer, Curve, Pendle, Gearbox, and Compound.
Besides, Renzo’s ezETH integration with Chainlink allows for new DeFi integrations that require Chainlink price feeds, including Compound Finance.
After reviewing various Oraclere solutions, Renzo integrated Chainlink Price Feeds because they provide a multitude of critical features such as:
High-Quality DataSecure Node OperatorsDecentralized NetworkReputation System
4/ $REZ is Now Live on Binance Launchpool
Binance users and the community can now Earn $REZ by easily staking $FDUSD and $BNB from April 24th to 29th.
85% of $REZ rewards are distributed to the $BNB Pool
15% of $REZ rewards are distributed to the $FDUSD pool
Seize the huge opportunity to earn FREE $REZ now
https://launchpad.binance.com/en/launchpool/REZ_FDUSD?ref=KCLHB03N
5/ How to Earn 2x - 3x ezPoints on DEX LP
For EigenLayer Restaking points, the pool can only accumulate 1 point per hour per ezETH in the pool. This will get redistributed pro-rata to the LPs.
For Renzo ezPoints, LPs receive 2x the value in the pool per hour. The pool will accumulate 2 points per ezETH or wETH per hour held in the pool. This will get redistributed pro-rata to the LPs.
5.1/ 3x ezPoints Boost on selected DEX LP!
Users who supply liquidity between April 20th-27th, 9PM UTC on the following DEXs will receive 3x ezPoints:
• Aura
• Balancer ETH
• Balancer ARB
• Kim Mode
• Nile Linea
• Thruster BLAST
• Juice v3
• Pendle ETH (new pools)
• Pendle BNB (new pools)
Find more pools
https://docs.renzoprotocol.com/docs/integrations/defi
very good article about #RENZOLAUNCHPOOL by the @BSCDaily team 👍
LIVEBSCDaily
--
Renzo on Binance Launchpool - Price Prediction & Growth Potential!
Another week, another Launchpool and another Restaking project is listed on Binance Launchpool!
With just under 2 minutes, read this post to understand Renzo Protocol and its huge potential in Restaking Narrative - the potentially hottest trend of the year!
#RenzoLaunchpool #RENZOLAUNCHPOOL #BinanceLaunchpool
I. Renzo Protocol Overview
How does it work?
Renzo's restaking protocol is designed to offer users access to the EigenLayer ecosystem across various networks including Ethereum, Arbitrum, Linea, Mode, Base, BNB, and OKX L2 chains. This would enable users a chance to skin and have activity on new blockchain for potential airdrop.
Functioning as a liquid staking protocol, Renzo enables users to receive ezETH - Renzo liquid staking tokens by staking ETH on its platform. The APR for staking ETH can be monitored through the growth of ezETH tokens. Initially, the exchange ratio is 1:1, but it appreciates over time based on the platform's promised APR.
Unlike its counterparts, the value appreciation of ezETH tokens is supported not only by rewards from native staking on Ethereum but also from restaking on EigenLayer, potentially leading to higher returns for users. Additionally, the token can be utilized to earn extra APR by providing liquidity into DeFi LP and lending protocols, akin to other ETH staking protocols.
Achievements:
$3.3B in Total Value Locked833M EigenLayer Points33.5% Restaking Market ShareTop 10 DeFi protocol by TVL7 Supported Networks250k+ active community members
Fundraising
Renzo raised $3.2M in Seed round at the valuation of $25M, led by Maven 11 Capital and participated by OKX Ventures, IOSG, BitScale,....Most recently, Binance Labs invested in Renzo with an disclosed round and raised amount.
II. Launchpool & Token Information
Token Name: Renzo (REZ)Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max token supply)Smart Contract Details: EthereumFarming Period: 2024-04-24 00:00 (UTC) to 2024-04-29 23:59 (UTC).Supported Pools: Stake $BNB: 212,500,000 REZ in rewards (85%) Stake $FDUSD: 37,500,000 REZ in rewards(15%)
$REZ Utility:
REZ will be used to vote on governance proposals on matters regarding the Renzo protocol, some of which will be key measures to the operations of the protocol, such as:
General risk management frameworksDeposits, collateral assets, and concentration amountsOperator whitelistingActively Validated Services (AVS) whitelistingTreasury and community grant
Don’t fade on Renzo, start farming your $REZ now 👇
Join REZ Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
III. Price Prediction & Our POV
Price Prediction
Make a comparison with recent Restaking Project - ETHFI and consider OTC price on Whales Market, we believe $REZ price could be around $0.38 at the listing ATH price and traded mostly around $0.28 - $0.38 with market cap around $280M - $380M
Our POV
Pros:
Restaking Narrative - one of the hottest trend this year Ability to attract a huge amount of potential users and money with 7+ supported network, including chains that haven't released tokens.Strong backing from Tier-1 investorsLow annual token inflation rate in the first year of the token release (4.5%).
Cons:
High annual token inflation rate in the second year after release (45%)Possibility of ezETH depeg
In our POV, the sell force at the listing date won't be so high due to the long cliff in token allocation of foundation, team and investors. Moreover, for the airdrop distribution, the largest wallets holding greater than 500k ezPoints will be subject to a 50% unlock at TGE and 50% linear vesting over 3 months. Our advice is patiently waiting until the majority of the airdrop tokens are claimed then we can start buying $REZ at the price range of $0.15 - $0.25 and waiting for the Restaking narrative to explode.
Don’t fade on Renzo, start farming your $REZ now 👇
Join REZ Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
With just under 2 minutes, read this post to understand Renzo Protocol and its huge potential in Restaking Narrative - the potentially hottest trend of the year!
#RenzoLaunchpool #RENZOLAUNCHPOOL #BinanceLaunchpool
I. Renzo Protocol Overview
How does it work?
Renzo's restaking protocol is designed to offer users access to the EigenLayer ecosystem across various networks including Ethereum, Arbitrum, Linea, Mode, Base, BNB, and OKX L2 chains. This would enable users a chance to skin and have activity on new blockchain for potential airdrop.
Functioning as a liquid staking protocol, Renzo enables users to receive ezETH - Renzo liquid staking tokens by staking ETH on its platform. The APR for staking ETH can be monitored through the growth of ezETH tokens. Initially, the exchange ratio is 1:1, but it appreciates over time based on the platform's promised APR.
Unlike its counterparts, the value appreciation of ezETH tokens is supported not only by rewards from native staking on Ethereum but also from restaking on EigenLayer, potentially leading to higher returns for users. Additionally, the token can be utilized to earn extra APR by providing liquidity into DeFi LP and lending protocols, akin to other ETH staking protocols.
Achievements:
$3.3B in Total Value Locked833M EigenLayer Points33.5% Restaking Market ShareTop 10 DeFi protocol by TVL7 Supported Networks250k+ active community members
Fundraising
Renzo raised $3.2M in Seed round at the valuation of $25M, led by Maven 11 Capital and participated by OKX Ventures, IOSG, BitScale,....Most recently, Binance Labs invested in Renzo with an disclosed round and raised amount.
II. Launchpool & Token Information
Token Name: Renzo (REZ)Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max token supply)Smart Contract Details: EthereumFarming Period: 2024-04-24 00:00 (UTC) to 2024-04-29 23:59 (UTC).Supported Pools: Stake $BNB: 212,500,000 REZ in rewards (85%) Stake $FDUSD: 37,500,000 REZ in rewards(15%)
$REZ Utility:
REZ will be used to vote on governance proposals on matters regarding the Renzo protocol, some of which will be key measures to the operations of the protocol, such as:
General risk management frameworksDeposits, collateral assets, and concentration amountsOperator whitelistingActively Validated Services (AVS) whitelistingTreasury and community grant
Don’t fade on Renzo, start farming your $REZ now 👇
Join REZ Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
III. Price Prediction & Our POV
Price Prediction
Make a comparison with recent Restaking Project - ETHFI and consider OTC price on Whales Market, we believe $REZ price could be around $0.38 at the listing ATH price and traded mostly around $0.28 - $0.38 with market cap around $280M - $380M
Our POV
Pros:
Restaking Narrative - one of the hottest trend this year Ability to attract a huge amount of potential users and money with 7+ supported network, including chains that haven't released tokens.Strong backing from Tier-1 investorsLow annual token inflation rate in the first year of the token release (4.5%).
Cons:
High annual token inflation rate in the second year after release (45%)Possibility of ezETH depeg
In our POV, the sell force at the listing date won't be so high due to the long cliff in token allocation of foundation, team and investors. Moreover, for the airdrop distribution, the largest wallets holding greater than 500k ezPoints will be subject to a 50% unlock at TGE and 50% linear vesting over 3 months. Our advice is patiently waiting until the majority of the airdrop tokens are claimed then we can start buying $REZ at the price range of $0.15 - $0.25 and waiting for the Restaking narrative to explode.
Don’t fade on Renzo, start farming your $REZ now 👇
Join REZ Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
Want to Become a crypto millionaire
in this bull market of 2024-2025 ?
Here are some Tips.
Like and Bookmark this for later.
1) Arrange the Capital to start with.
Save from Job, Cut back on expenses,
or work for some crypto project to get
that starting capital. Never invest by
taking a LOAN
2) Once you have some capital.
Learn and understand the 4 Cycles in
crypto and yes it is possible to start
from $1000 and take that to $1M
3) Set small goals $1000 to $10,000
Then $10k to $100k then $100k to
$1M. Don’t get trapped into making
it big in a one shot. Take baby steps
4) Avoid futures trading and don’t get
tempted to those 100x in a one trade,
it will never work. You will likely loose
your capital and hate crypto
5) Start learning the narrative in the
market and follow some good twitter
accounts to help ( there are many ).
When they post something you take
then and do your own research to
See if that’s actually good
6) Take positions in the projects which
Are undervalued and just hold for the
Bull market. I bought ETH in 2019-20
at $88 and it went to $4,800 ( that’s
55x ) I wasn’t lucky, I bought after my
research on how undervalued it is.
Projects like FTM went 1600x
7) There are plenty of opportunities in
the market, what you need to do is
take positions in the bear market and
hold for 1.5-2yr.Don’t Fomo and don’t
panic sell
8) Investors / Holders make the real
gainz not the traders. You don’t have
to look at screen all day to make money.
9) Take profits and chase your $1M
target slowly.
Recap - Save money, No loans, put in
time and research, take positions &
wait for the targets / bull market
Research and patience will make you
a millionaire in crypto.
Retweet if I made some sense.
( Credit : Ash Crypto on X )
#Yanbi22 #WIF🔥🔥 #xrp #sui #bitcoinhalving
in this bull market of 2024-2025 ?
Here are some Tips.
Like and Bookmark this for later.
1) Arrange the Capital to start with.
Save from Job, Cut back on expenses,
or work for some crypto project to get
that starting capital. Never invest by
taking a LOAN
2) Once you have some capital.
Learn and understand the 4 Cycles in
crypto and yes it is possible to start
from $1000 and take that to $1M
3) Set small goals $1000 to $10,000
Then $10k to $100k then $100k to
$1M. Don’t get trapped into making
it big in a one shot. Take baby steps
4) Avoid futures trading and don’t get
tempted to those 100x in a one trade,
it will never work. You will likely loose
your capital and hate crypto
5) Start learning the narrative in the
market and follow some good twitter
accounts to help ( there are many ).
When they post something you take
then and do your own research to
See if that’s actually good
6) Take positions in the projects which
Are undervalued and just hold for the
Bull market. I bought ETH in 2019-20
at $88 and it went to $4,800 ( that’s
55x ) I wasn’t lucky, I bought after my
research on how undervalued it is.
Projects like FTM went 1600x
7) There are plenty of opportunities in
the market, what you need to do is
take positions in the bear market and
hold for 1.5-2yr.Don’t Fomo and don’t
panic sell
8) Investors / Holders make the real
gainz not the traders. You don’t have
to look at screen all day to make money.
9) Take profits and chase your $1M
target slowly.
Recap - Save money, No loans, put in
time and research, take positions &
wait for the targets / bull market
Research and patience will make you
a millionaire in crypto.
Retweet if I made some sense.
( Credit : Ash Crypto on X )
#Yanbi22 #WIF🔥🔥 #xrp #sui #bitcoinhalving
🚨 BREAKING 🚨
YESTERDAY WHILE EVERYONE WAS
PANIC SELLING THEIR BITCOIN, AN
UNKNOWN WHALE HAVE BOUGHT
$496 MILLION WORTH OF BITCOIN
FROM COINBASE.
SOMEONE KNOWS SOMETHING 🔥
source : (Ash Crypto on X)
#BTC🔥🔥🔥🔥🔥🔥 #Breaking_Crypto_News
#Yanbi22
YESTERDAY WHILE EVERYONE WAS
PANIC SELLING THEIR BITCOIN, AN
UNKNOWN WHALE HAVE BOUGHT
$496 MILLION WORTH OF BITCOIN
FROM COINBASE.
SOMEONE KNOWS SOMETHING 🔥
source : (Ash Crypto on X)
#BTC🔥🔥🔥🔥🔥🔥 #Breaking_Crypto_News
#Yanbi22
ELON MUSK MAKES NEW DOGECOIN (DOGE) MEME IN TOP 10 CRYPTO
A meme for a memecoin. Rarely do several weeks go by without billionaire Elon Musk giving a nod to the cryptocurrency sector, in particular to his personal favorite: Dogecoin (DOGE). If last month, the boss of Tesla hinted at a DOGE payment option for his electric vehicles, this time it's a little meme that Musk has the secret that is making people talk about the first of the memecoins again .
DOGECOIN HAS REMAINED IN THE TOP 10 CRYPTO-ASSETS SINCE 2022
It has now been an established fact for years that Dogecoin – which was initially, in 2013, a crypto-joke parodying Bitcoin – has been able to build a loyal community around its famous logo with the smiling Shina Inu dog . This allowed it to climb, sustainably, into the Top 10 of the most valued cryptocurrencies on the market.
And even if he tries to keep his seriousness, Elon Musk is ready to burst out laughing at seeing the mainstream media forced to seriously treat and cover Dogecoin, with its nearly $22.4 billion in capitalization, at the time of writing these lines.
ELON MUSK HOLDS BACK HIS LAUGHTER AT MAINSTREAM MEDIA FORCED TO TALK ABOUT DOGE
The image of the billionaire meme (below), which he shared on refrain from laughing so as not to attract more attention from the latter and suffer his anger.
On the left: mainstream media that must cover Dogecoin as a Top 10 crypto (in the role of Monty Python's Caesar).
Right: Elon Musk biting his lips to stop himself from giggling (in the role of this laughable Caesar's guard).
Although he likes to joke around with Dogecoin quite regularly, Elon Musk seems to clearly prefer Bitcoin for his businesses . In fact, a little over a month ago, Arkham Intelligence's on-chain investigators traced the BTC wallets of Tesla and SpaceX . The electric vehicle manufacturer and the aerospace company would thus own 11,510 and 8,290 bitcoins respectively .
#Dogecoin #ElonMuskTalks #Yanbi22
A meme for a memecoin. Rarely do several weeks go by without billionaire Elon Musk giving a nod to the cryptocurrency sector, in particular to his personal favorite: Dogecoin (DOGE). If last month, the boss of Tesla hinted at a DOGE payment option for his electric vehicles, this time it's a little meme that Musk has the secret that is making people talk about the first of the memecoins again .
DOGECOIN HAS REMAINED IN THE TOP 10 CRYPTO-ASSETS SINCE 2022
It has now been an established fact for years that Dogecoin – which was initially, in 2013, a crypto-joke parodying Bitcoin – has been able to build a loyal community around its famous logo with the smiling Shina Inu dog . This allowed it to climb, sustainably, into the Top 10 of the most valued cryptocurrencies on the market.
And even if he tries to keep his seriousness, Elon Musk is ready to burst out laughing at seeing the mainstream media forced to seriously treat and cover Dogecoin, with its nearly $22.4 billion in capitalization, at the time of writing these lines.
ELON MUSK HOLDS BACK HIS LAUGHTER AT MAINSTREAM MEDIA FORCED TO TALK ABOUT DOGE
The image of the billionaire meme (below), which he shared on refrain from laughing so as not to attract more attention from the latter and suffer his anger.
On the left: mainstream media that must cover Dogecoin as a Top 10 crypto (in the role of Monty Python's Caesar).
Right: Elon Musk biting his lips to stop himself from giggling (in the role of this laughable Caesar's guard).
Although he likes to joke around with Dogecoin quite regularly, Elon Musk seems to clearly prefer Bitcoin for his businesses . In fact, a little over a month ago, Arkham Intelligence's on-chain investigators traced the BTC wallets of Tesla and SpaceX . The electric vehicle manufacturer and the aerospace company would thus own 11,510 and 8,290 bitcoins respectively .
#Dogecoin #ElonMuskTalks #Yanbi22
eSolana News 🗞️
Crypto: Solana whales thrive in memecoin chaos – millions of dollars accumulated
Amid the recent volatility in cryptocurrency markets, some savvy Solana players have been able to take advantage of the situation. According to data revealed by Lookonchain, two crypto whales from Solana have sunk millions of dollars into largely unknown memecoins.
Data Reveals Aggressive Buying Strategy Among Solana Whales
Identified by the 4eocFb wallet, the first crypto whale transferred 31,916 SOL (equivalent to $4.56 million) from KuCoin. He acquired 500,979 BODEN for $294,000.
The second operation was carried out via the 9CjKf5 wallet. The crypto whale withdrew 15,751 SOL (or $2.25 million) from Binance, then invested:
$1.12 million in 4.86 million SLERF;
661,000 dollars in 67.53 million BOME.
These impressive numbers demonstrate their confidence in the potential of these memecoins, even during times of volatility in the crypto industry.
Not all crypto investors have taken the same approach
Four separate Solana whales panicked. They liquidated 5.68 million WIF, or $12.41 million. These hasty sales were made at prices varying between $1.9 and $2.35 per WIF. This reflects the palpable nervousness among some high-profile crypto investors.
Analysis of crypto transactions reveals another interesting trend: Solana whales seem to favor memecoins despite their volatile and speculative nature. This preference could be explained by:
the search for quick gains,
a belief in the long-term value of these digital assets.
Memecoins can indeed experience meteoric price increases. Enough to attract crypto investors looking for high returns.
In any case, the movements of these Solana whales offer a fascinating insight into the dynamics of the crypto market during corrections.
Maximize your Cointribune experience with our 'Read to Earn' program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
#Solana #Yanbi22 #WIF #BOMEARMY #kucoin
Crypto: Solana whales thrive in memecoin chaos – millions of dollars accumulated
Amid the recent volatility in cryptocurrency markets, some savvy Solana players have been able to take advantage of the situation. According to data revealed by Lookonchain, two crypto whales from Solana have sunk millions of dollars into largely unknown memecoins.
Data Reveals Aggressive Buying Strategy Among Solana Whales
Identified by the 4eocFb wallet, the first crypto whale transferred 31,916 SOL (equivalent to $4.56 million) from KuCoin. He acquired 500,979 BODEN for $294,000.
The second operation was carried out via the 9CjKf5 wallet. The crypto whale withdrew 15,751 SOL (or $2.25 million) from Binance, then invested:
$1.12 million in 4.86 million SLERF;
661,000 dollars in 67.53 million BOME.
These impressive numbers demonstrate their confidence in the potential of these memecoins, even during times of volatility in the crypto industry.
Not all crypto investors have taken the same approach
Four separate Solana whales panicked. They liquidated 5.68 million WIF, or $12.41 million. These hasty sales were made at prices varying between $1.9 and $2.35 per WIF. This reflects the palpable nervousness among some high-profile crypto investors.
Analysis of crypto transactions reveals another interesting trend: Solana whales seem to favor memecoins despite their volatile and speculative nature. This preference could be explained by:
the search for quick gains,
a belief in the long-term value of these digital assets.
Memecoins can indeed experience meteoric price increases. Enough to attract crypto investors looking for high returns.
In any case, the movements of these Solana whales offer a fascinating insight into the dynamics of the crypto market during corrections.
Maximize your Cointribune experience with our 'Read to Earn' program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
#Solana #Yanbi22 #WIF #BOMEARMY #kucoin
Ethereum Daily
LIVEEthereum Daily
--
Omni Network - Layer 1 Blockchain Built To Connect All Rollups
🔹Spotlights of #OMNI Network
- Omni closed an $18M round from Pantera Capital, Jump Trading, Hashed Fund, The Spartan Group
- Total number of transactions processed: 7.5M+
- Total Unique Users: 450K+
- 34 Ecosystem Project
- Omni became the first AVS with >$1B of economic security from top LRTs, incl. Ether.fi, KelpDAO, and Swell.
🔹Stake your $BNB and $FDUSD to farm $OMNI tokens.
Join OMNI Launch Pool Now!
#OMNILAUNCHPOOL
1/ OMNI Network Overview
Omni’s mission is to return Ethereum to its role as a single, unified operating system for decentralized applications.
Using Omni, developers can program across multiple Ethereum rollups as if they were working in a single state machine.
Applications built with the Omni EVM can exist across all Ethereum rollups by default, allowing developers to integrate all of Ethereum’s liquidity and users into their applications.
2/ $OMNI Tokenomics - Price Prediction
OMNI has a maximum supply of 100,000,000 OMNI. The token’s initial circulating supply after the Binance listing will be 10,391,492 OMNI, equivalent to 10.39% of its maximum supply.
• Binance Launchpool: 3.50%
• Ecosystem fund: 9.5%
• Team Foundation: 25.25%
• Private Investors: 20.06%
• Community Fund: 12.67%
• Public Offering: 5.77%
• Consultants: 3.25%.
$OMNI Price Prediction
The initial supply will be 10,391,492 OMNI.
The market cap with a private round entry is around $15 million; Binance Launchpool normally brings 10x–15x; and the recent Launchpool projects’ market cap is around $300M - $500M.
In conclusion, the $OMNI price will be around $20 - $25 with a $225–$400 million initial market cap.
3/ Current Roadmap
🔹Q2 2024:
• Mainnet launch.
• Liquid Restaking Protocol and EigenLayer operator onboarding.
• Token Generation Event.
• Onboarding the first of the $11B+ commits to deploy xERC20 secured by Omni.
Read more of Q3 and Q4
https://www.binance.com/en/research/projects/omni
4/ Business Development Progress
🔹Ethereum L2s
Examples: Arbitrum, Optimism, Polygon, Linea, Scroll, zkSync, Mantle, Metis, Base, etc
🔹Liquid Restaking Protocols:
EtherFi, Renzo, Puffer, Swell, Kelp, EigenPie, Bedrock, etc.
🔹EigenLayer
🔹Roll Ups-as-a-Service Providers
Examples: Conduit, Caldera, Ankr, AltLayer.
🔹Infrastructure Partners
Examples: a41, Galaxy, Blockdaemon, Kiln, Ankr, etc.
5/ To read more details of Omni Network (OMNI)
Please visit
https://www.binance.com/en/research/projects/omni
Don’t fade on Omni Network, participate in the launchpool now 👇
Join OMNI Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
- Omni closed an $18M round from Pantera Capital, Jump Trading, Hashed Fund, The Spartan Group
- Total number of transactions processed: 7.5M+
- Total Unique Users: 450K+
- 34 Ecosystem Project
- Omni became the first AVS with >$1B of economic security from top LRTs, incl. Ether.fi, KelpDAO, and Swell.
🔹Stake your $BNB and $FDUSD to farm $OMNI tokens.
Join OMNI Launch Pool Now!
#OMNILAUNCHPOOL
1/ OMNI Network Overview
Omni’s mission is to return Ethereum to its role as a single, unified operating system for decentralized applications.
Using Omni, developers can program across multiple Ethereum rollups as if they were working in a single state machine.
Applications built with the Omni EVM can exist across all Ethereum rollups by default, allowing developers to integrate all of Ethereum’s liquidity and users into their applications.
2/ $OMNI Tokenomics - Price Prediction
OMNI has a maximum supply of 100,000,000 OMNI. The token’s initial circulating supply after the Binance listing will be 10,391,492 OMNI, equivalent to 10.39% of its maximum supply.
• Binance Launchpool: 3.50%
• Ecosystem fund: 9.5%
• Team Foundation: 25.25%
• Private Investors: 20.06%
• Community Fund: 12.67%
• Public Offering: 5.77%
• Consultants: 3.25%.
$OMNI Price Prediction
The initial supply will be 10,391,492 OMNI.
The market cap with a private round entry is around $15 million; Binance Launchpool normally brings 10x–15x; and the recent Launchpool projects’ market cap is around $300M - $500M.
In conclusion, the $OMNI price will be around $20 - $25 with a $225–$400 million initial market cap.
3/ Current Roadmap
🔹Q2 2024:
• Mainnet launch.
• Liquid Restaking Protocol and EigenLayer operator onboarding.
• Token Generation Event.
• Onboarding the first of the $11B+ commits to deploy xERC20 secured by Omni.
Read more of Q3 and Q4
https://www.binance.com/en/research/projects/omni
4/ Business Development Progress
🔹Ethereum L2s
Examples: Arbitrum, Optimism, Polygon, Linea, Scroll, zkSync, Mantle, Metis, Base, etc
🔹Liquid Restaking Protocols:
EtherFi, Renzo, Puffer, Swell, Kelp, EigenPie, Bedrock, etc.
🔹EigenLayer
🔹Roll Ups-as-a-Service Providers
Examples: Conduit, Caldera, Ankr, AltLayer.
🔹Infrastructure Partners
Examples: a41, Galaxy, Blockdaemon, Kiln, Ankr, etc.
5/ To read more details of Omni Network (OMNI)
Please visit
https://www.binance.com/en/research/projects/omni
Don’t fade on Omni Network, participate in the launchpool now 👇
Join OMNI Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
check BSC Daily
LIVEBSCDaily
--
Omni on Binance Launchpool - Price Prediction & Growth Potential!
Yo! We know it's the weekend but read this post and don’t miss your chance to invest in one of the biggest stories of this year!
#OMNILAUNCHPOOL
I. What is Omni?
How does it work?
Omni Network (OMNI) is a layer 1 blockchain that integrates Ethereum's rollup ecosystem into a unified system. Designed as a restaking-secured blockchain, Omni connects all rollups. With its low-latency, high-throughput messaging network, Omni enables developers to scale their applications across all rollups, integrating Ethereum's liquidity globally.
Achievements:
During Omni Origin (Testnet V1):
- Processed 1,842,697 transactions
- Engaged 182,680 active wallets
- Minted 179,405 NFTs
- Deployed 2,645 smart contracts
The First AVS is secured by over $1 billion in delegated ETH.Omni's initial two testnets processed over 7 million transactions by more than 400,000 users.Core technology partners include Arbitrum, Polygon, StarkWare, Scroll, Linea, and Optimism.
With Omni, developers can easily launch globally-native dApps which work across all current and future Ethereum rollups, solving the critical issues of liquidity and user experience fragmentation.
Fundraising:
- Total Raised: $18M
- Led by Tier 1 investors: Pantera Capital, Two Sigma Ventures, Jump Crypto, Hashed, The Spartan Group and others.
II. Launchpool & Token Information
Token Name: Omni Network (OMNI)Launchpool Token Rewards: 3,500,000 OMNI (3.5% of max token supply) Initial Circulating Supply: 10,391,492 OMNI (10.39% of max token supply)Smart Contract Details: EthereumFarming Period: 2024-04-13 00:00 (UTC) to 2024-04-17 12:00 (UTC).Supported Pools: Stake $BNB: 2,975,000 OMNI in rewards (85%) Stake $FDUSD: 525,000 OMNI in rewards (15%)
$OMNI Utility:
Universal Gas with $OMNI:
$OMNI acts as a universal gas across Ethereum's rollup ecosystem, simplifying transactions by introducing a universal marketplace. Payments are converted into $OMNI to compensate relayers processing transactions on target rollups.
Omni Network and Governance:
Beyond powering the Omni EVM, $OMNI drives transaction priority fees and will guide future governance decisions as the network evolves.
Don’t fade on Omni Network, participate in the launchpool now 👇
Join OMNI Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
III. Price Prediction & Our POV
Price PredictionTotal Supply: 100M $OMNIInitial Supply: 10.4M $OMNIAirdrop: 3M $OMNI
Considering all the information above, $OMNI price could be around $30 - $60 at the listing ATH price and traded mostly around $30 - $40 with market cap around $300M - $400M
Our POV
Pros:
Low Initial Market Cap to Fully Diluted Valuation ratio at 10.4%Successful accumulation of $1 billion in delegated ETH for the imminent mainnet launchStrong backing from Tier-1 investorsHigh demand for products coupled with engaging narratives
Cons:
Challenges in expanding reach to new usersMainnet launch underway
While Omni Network hasn't hit the mainnet phase, they're poised to make waves, fueled by the escalating restaking trend and heightened anticipation surrounding the Eigen Layer mainnet event. Even though they've kept their tokenomics and vesting schedule under wraps, Omni Network is making waves by airdropping ~30% of its circulating supply to loyal users, stakers, and elite NFT holders. This bold move highlights the immense value Omni places on its community. This strategic move not only strengthens community ties but also aims to mitigate the typical selling pressures observed during token listing.
→ From our perspective, keeping an eye on the price sideways between $30 - $40 post-listing and with a market cap under $400M could offer an excellent long-term buying opportunity for $OMNI.
Don’t fade on Omni Network, participate in the launchpool now 👇
Join OMNI Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
#OMNILAUNCHPOOL
I. What is Omni?
How does it work?
Omni Network (OMNI) is a layer 1 blockchain that integrates Ethereum's rollup ecosystem into a unified system. Designed as a restaking-secured blockchain, Omni connects all rollups. With its low-latency, high-throughput messaging network, Omni enables developers to scale their applications across all rollups, integrating Ethereum's liquidity globally.
Achievements:
During Omni Origin (Testnet V1):
- Processed 1,842,697 transactions
- Engaged 182,680 active wallets
- Minted 179,405 NFTs
- Deployed 2,645 smart contracts
The First AVS is secured by over $1 billion in delegated ETH.Omni's initial two testnets processed over 7 million transactions by more than 400,000 users.Core technology partners include Arbitrum, Polygon, StarkWare, Scroll, Linea, and Optimism.
With Omni, developers can easily launch globally-native dApps which work across all current and future Ethereum rollups, solving the critical issues of liquidity and user experience fragmentation.
Fundraising:
- Total Raised: $18M
- Led by Tier 1 investors: Pantera Capital, Two Sigma Ventures, Jump Crypto, Hashed, The Spartan Group and others.
II. Launchpool & Token Information
Token Name: Omni Network (OMNI)Launchpool Token Rewards: 3,500,000 OMNI (3.5% of max token supply) Initial Circulating Supply: 10,391,492 OMNI (10.39% of max token supply)Smart Contract Details: EthereumFarming Period: 2024-04-13 00:00 (UTC) to 2024-04-17 12:00 (UTC).Supported Pools: Stake $BNB: 2,975,000 OMNI in rewards (85%) Stake $FDUSD: 525,000 OMNI in rewards (15%)
$OMNI Utility:
Universal Gas with $OMNI:
$OMNI acts as a universal gas across Ethereum's rollup ecosystem, simplifying transactions by introducing a universal marketplace. Payments are converted into $OMNI to compensate relayers processing transactions on target rollups.
Omni Network and Governance:
Beyond powering the Omni EVM, $OMNI drives transaction priority fees and will guide future governance decisions as the network evolves.
Don’t fade on Omni Network, participate in the launchpool now 👇
Join OMNI Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
III. Price Prediction & Our POV
Price PredictionTotal Supply: 100M $OMNIInitial Supply: 10.4M $OMNIAirdrop: 3M $OMNI
Considering all the information above, $OMNI price could be around $30 - $60 at the listing ATH price and traded mostly around $30 - $40 with market cap around $300M - $400M
Our POV
Pros:
Low Initial Market Cap to Fully Diluted Valuation ratio at 10.4%Successful accumulation of $1 billion in delegated ETH for the imminent mainnet launchStrong backing from Tier-1 investorsHigh demand for products coupled with engaging narratives
Cons:
Challenges in expanding reach to new usersMainnet launch underway
While Omni Network hasn't hit the mainnet phase, they're poised to make waves, fueled by the escalating restaking trend and heightened anticipation surrounding the Eigen Layer mainnet event. Even though they've kept their tokenomics and vesting schedule under wraps, Omni Network is making waves by airdropping ~30% of its circulating supply to loyal users, stakers, and elite NFT holders. This bold move highlights the immense value Omni places on its community. This strategic move not only strengthens community ties but also aims to mitigate the typical selling pressures observed during token listing.
→ From our perspective, keeping an eye on the price sideways between $30 - $40 post-listing and with a market cap under $400M could offer an excellent long-term buying opportunity for $OMNI.
Don’t fade on Omni Network, participate in the launchpool now 👇
Join OMNI Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
XRP NEWS
Despite the crash, Ripple dumps 100 million XRP into a sinking market
Ripple, the company behind the XRP token, sold 100 million tokens on Sunday, as crypto markets come under pressure following the escalation of the Iran-Israel conflict. This unusual sale raises concerns about the potential impact on its price.
Ripple continues monthly XRP sales
As per its monthly practice, Ripple released 1 billion XRP from its escrow account on April 1. 200 million were transferred to his “Ripple (1)” cash account.
However, on Sunday, Ripple moved half of that amount, or 100 million XRP (around $50 million), to an unknown address “rP4X2…sKxv3,” which it usually uses for its sales. This operation , carried out outside the usual schedule, raises questions about the company's strategy.
Historical analysis of XRP sales by Ripple highlights a correlation with subsequent price declines. In 2023, XRP fell 6 days out of 8 when Ripple carried out liquidations.
With 100 million XRP still available this month and geopolitical tensions linked to the Iran-Israel conflict weighing on the entire crypto market, investors fear further downward pressure on the price, currently at $0.485.
Overall, the outlook for XRP depends on how these factors evolve in the coming days and weeks. Keeping an eye on news updates and market trends can provide valuable insights into the token's future direction.
#XRPCOIN #Yanbi22
Despite the crash, Ripple dumps 100 million XRP into a sinking market
Ripple, the company behind the XRP token, sold 100 million tokens on Sunday, as crypto markets come under pressure following the escalation of the Iran-Israel conflict. This unusual sale raises concerns about the potential impact on its price.
Ripple continues monthly XRP sales
As per its monthly practice, Ripple released 1 billion XRP from its escrow account on April 1. 200 million were transferred to his “Ripple (1)” cash account.
However, on Sunday, Ripple moved half of that amount, or 100 million XRP (around $50 million), to an unknown address “rP4X2…sKxv3,” which it usually uses for its sales. This operation , carried out outside the usual schedule, raises questions about the company's strategy.
Historical analysis of XRP sales by Ripple highlights a correlation with subsequent price declines. In 2023, XRP fell 6 days out of 8 when Ripple carried out liquidations.
With 100 million XRP still available this month and geopolitical tensions linked to the Iran-Israel conflict weighing on the entire crypto market, investors fear further downward pressure on the price, currently at $0.485.
Overall, the outlook for XRP depends on how these factors evolve in the coming days and weeks. Keeping an eye on news updates and market trends can provide valuable insights into the token's future direction.
#XRPCOIN #Yanbi22
OMNI
LIVEEthereum Daily
--
📢 Omni Network ($OMNI) Price Prediction Contest - Ethereum Daily
Predict the $OMNI's closed price of the H1 candle when listing on @Binance on April 17th to grab ⤵️
🎁 Prize: $100 USDT for 5 members who have the closet prediction in the comment section before the snapshot time (maximum deviation: 1$) 🤑
Rules✅
1/ Like & Share this post on Binance Square
2/ Like & Share the post on Binance Square: click here
3/ Drop your price prediction on this post with your wallet address to receive the prize
i.e.: 4$ - 0xE8d68FBd0Fcce604cf7b76E4834852C80220FbfF
📸 Snapshot time: 11 AM UTC, April 17th
#BinanceLaunchpool #OMNILAUNCHPOOL #priceprediction
Predict the $OMNI's closed price of the H1 candle when listing on @Binance on April 17th to grab ⤵️
🎁 Prize: $100 USDT for 5 members who have the closet prediction in the comment section before the snapshot time (maximum deviation: 1$) 🤑
Rules✅
1/ Like & Share this post on Binance Square
2/ Like & Share the post on Binance Square: click here
3/ Drop your price prediction on this post with your wallet address to receive the prize
i.e.: 4$ - 0xE8d68FBd0Fcce604cf7b76E4834852C80220FbfF
📸 Snapshot time: 11 AM UTC, April 17th
#BinanceLaunchpool #OMNILAUNCHPOOL #priceprediction
OMNI
LIVEEthereum Daily
--
Omni Network - Layer 1 Blockchain Built To Connect All Rollups
🔹Spotlights of #OMNI Network
- Omni closed an $18M round from Pantera Capital, Jump Trading, Hashed Fund, The Spartan Group
- Total number of transactions processed: 7.5M+
- Total Unique Users: 450K+
- 34 Ecosystem Project
- Omni became the first AVS with >$1B of economic security from top LRTs, incl. Ether.fi, KelpDAO, and Swell.
🔹Stake your $BNB and $FDUSD to farm $OMNI tokens.
Join OMNI Launch Pool Now!
#OMNILAUNCHPOOL
1/ OMNI Network Overview
Omni’s mission is to return Ethereum to its role as a single, unified operating system for decentralized applications.
Using Omni, developers can program across multiple Ethereum rollups as if they were working in a single state machine.
Applications built with the Omni EVM can exist across all Ethereum rollups by default, allowing developers to integrate all of Ethereum’s liquidity and users into their applications.
2/ $OMNI Tokenomics - Price Prediction
OMNI has a maximum supply of 100,000,000 OMNI. The token’s initial circulating supply after the Binance listing will be 10,391,492 OMNI, equivalent to 10.39% of its maximum supply.
• Binance Launchpool: 3.50%
• Ecosystem fund: 9.5%
• Team Foundation: 25.25%
• Private Investors: 20.06%
• Community Fund: 12.67%
• Public Offering: 5.77%
• Consultants: 3.25%.
$OMNI Price Prediction
The initial supply will be 10,391,492 OMNI.
The market cap with a private round entry is around $15 million; Binance Launchpool normally brings 10x–15x; and the recent Launchpool projects’ market cap is around $300M - $500M.
In conclusion, the $OMNI price will be around $20 - $25 with a $225–$400 million initial market cap.
3/ Current Roadmap
🔹Q2 2024:
• Mainnet launch.
• Liquid Restaking Protocol and EigenLayer operator onboarding.
• Token Generation Event.
• Onboarding the first of the $11B+ commits to deploy xERC20 secured by Omni.
Read more of Q3 and Q4
https://www.binance.com/en/research/projects/omni
4/ Business Development Progress
🔹Ethereum L2s
Examples: Arbitrum, Optimism, Polygon, Linea, Scroll, zkSync, Mantle, Metis, Base, etc
🔹Liquid Restaking Protocols:
EtherFi, Renzo, Puffer, Swell, Kelp, EigenPie, Bedrock, etc.
🔹EigenLayer
🔹Roll Ups-as-a-Service Providers
Examples: Conduit, Caldera, Ankr, AltLayer.
🔹Infrastructure Partners
Examples: a41, Galaxy, Blockdaemon, Kiln, Ankr, etc.
5/ To read more details of Omni Network (OMNI)
Please visit
https://www.binance.com/en/research/projects/omni
Don’t fade on Omni Network, participate in the launchpool now 👇
Join OMNI Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
- Omni closed an $18M round from Pantera Capital, Jump Trading, Hashed Fund, The Spartan Group
- Total number of transactions processed: 7.5M+
- Total Unique Users: 450K+
- 34 Ecosystem Project
- Omni became the first AVS with >$1B of economic security from top LRTs, incl. Ether.fi, KelpDAO, and Swell.
🔹Stake your $BNB and $FDUSD to farm $OMNI tokens.
Join OMNI Launch Pool Now!
#OMNILAUNCHPOOL
1/ OMNI Network Overview
Omni’s mission is to return Ethereum to its role as a single, unified operating system for decentralized applications.
Using Omni, developers can program across multiple Ethereum rollups as if they were working in a single state machine.
Applications built with the Omni EVM can exist across all Ethereum rollups by default, allowing developers to integrate all of Ethereum’s liquidity and users into their applications.
2/ $OMNI Tokenomics - Price Prediction
OMNI has a maximum supply of 100,000,000 OMNI. The token’s initial circulating supply after the Binance listing will be 10,391,492 OMNI, equivalent to 10.39% of its maximum supply.
• Binance Launchpool: 3.50%
• Ecosystem fund: 9.5%
• Team Foundation: 25.25%
• Private Investors: 20.06%
• Community Fund: 12.67%
• Public Offering: 5.77%
• Consultants: 3.25%.
$OMNI Price Prediction
The initial supply will be 10,391,492 OMNI.
The market cap with a private round entry is around $15 million; Binance Launchpool normally brings 10x–15x; and the recent Launchpool projects’ market cap is around $300M - $500M.
In conclusion, the $OMNI price will be around $20 - $25 with a $225–$400 million initial market cap.
3/ Current Roadmap
🔹Q2 2024:
• Mainnet launch.
• Liquid Restaking Protocol and EigenLayer operator onboarding.
• Token Generation Event.
• Onboarding the first of the $11B+ commits to deploy xERC20 secured by Omni.
Read more of Q3 and Q4
https://www.binance.com/en/research/projects/omni
4/ Business Development Progress
🔹Ethereum L2s
Examples: Arbitrum, Optimism, Polygon, Linea, Scroll, zkSync, Mantle, Metis, Base, etc
🔹Liquid Restaking Protocols:
EtherFi, Renzo, Puffer, Swell, Kelp, EigenPie, Bedrock, etc.
🔹EigenLayer
🔹Roll Ups-as-a-Service Providers
Examples: Conduit, Caldera, Ankr, AltLayer.
🔹Infrastructure Partners
Examples: a41, Galaxy, Blockdaemon, Kiln, Ankr, etc.
5/ To read more details of Omni Network (OMNI)
Please visit
https://www.binance.com/en/research/projects/omni
Don’t fade on Omni Network, participate in the launchpool now 👇
Join OMNI Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
Binance is betting big on the potential of Bitcoin DeFi
As the Halving expected on April 20 approaches, Binance Labs, the investment arm of the world's largest cryptocurrency exchange, is banking on the potential of Bitcoin DeFi (BTCFi) by investing in BounceBit, an innovative protocol combining centralized and decentralized finance
Binance Labs Supports Innovation in Bitcoin DeFi
On April 11, Yi He, co-founder and director of Binance Labs, revealed his venture arm's investment in BounceBit. According to Yi He, “BounceBit opens new avenues for the use of Bitcoin through the merger of CeFi and DeFi
BounceBit is opening new avenues for the use of Bitcoin with the merger of CeFi and DeFi. At Binance Labs, we are always looking for innovators who are shaping the industry, and we look forward to following their growth as they fulfill their mission to empower Bitcoin through secure and transparent CeDeFi solutions.”
This investment comes amid growing interest in BTCFi protocols, a new wave of technology aimed at bringing native DeFi capabilities to Bitcoin. Thus, BounceBit, which already has more than 110,000 users and $782 million in by run-up to the Halving scheduled for April 19. Nash Lee, co-founder of MerlinSwap, sees this as “a significant move toward recognizing Bitcoin’s untapped potential in the DeFi space .”
Questioned by our colleagues at Cointelegraph, he declared : “ This success symbolizes the eagerness of the community to engage and advance the DeFi revolution on the Bitcoin platform.
#BTCHalvingApril2024 #Yanbi22
As the Halving expected on April 20 approaches, Binance Labs, the investment arm of the world's largest cryptocurrency exchange, is banking on the potential of Bitcoin DeFi (BTCFi) by investing in BounceBit, an innovative protocol combining centralized and decentralized finance
Binance Labs Supports Innovation in Bitcoin DeFi
On April 11, Yi He, co-founder and director of Binance Labs, revealed his venture arm's investment in BounceBit. According to Yi He, “BounceBit opens new avenues for the use of Bitcoin through the merger of CeFi and DeFi
BounceBit is opening new avenues for the use of Bitcoin with the merger of CeFi and DeFi. At Binance Labs, we are always looking for innovators who are shaping the industry, and we look forward to following their growth as they fulfill their mission to empower Bitcoin through secure and transparent CeDeFi solutions.”
This investment comes amid growing interest in BTCFi protocols, a new wave of technology aimed at bringing native DeFi capabilities to Bitcoin. Thus, BounceBit, which already has more than 110,000 users and $782 million in by run-up to the Halving scheduled for April 19. Nash Lee, co-founder of MerlinSwap, sees this as “a significant move toward recognizing Bitcoin’s untapped potential in the DeFi space .”
Questioned by our colleagues at Cointelegraph, he declared : “ This success symbolizes the eagerness of the community to engage and advance the DeFi revolution on the Bitcoin platform.
#BTCHalvingApril2024 #Yanbi22
Binance will soon have a known headquarters, says CEO Richard Teng
Changpeng Zhao has since resigned and is still awaiting his verdict in the United States. The new CEO, Richard Teng, has shown himself from the start to be much more willing to appease regulators than his predecessor. However, he had previously dodged the question of Binance headquarters, but he recently confirmed that an announcement would soon take place.
It is not easy to choose [a location] , because of the multitude of factors that we have to weigh and evaluate. […] Which jurisdiction can adapt to our products, our uses?
The company is reportedly in discussions with several regulators and other major players in certain jurisdictions. No names have leaked yet, but the Binance CEO's remarks show that the company is finally ready to settle down in a specific location .
#BinanceCEO #TrenddingTopic #BTC
Changpeng Zhao has since resigned and is still awaiting his verdict in the United States. The new CEO, Richard Teng, has shown himself from the start to be much more willing to appease regulators than his predecessor. However, he had previously dodged the question of Binance headquarters, but he recently confirmed that an announcement would soon take place.
It is not easy to choose [a location] , because of the multitude of factors that we have to weigh and evaluate. […] Which jurisdiction can adapt to our products, our uses?
The company is reportedly in discussions with several regulators and other major players in certain jurisdictions. No names have leaked yet, but the Binance CEO's remarks show that the company is finally ready to settle down in a specific location .
#BinanceCEO #TrenddingTopic #BTC
CRYPTOCURRENCIES ON SOLANA: RETURN TO THE NICHE FOR MEMECOINS?
Dog of the breakage . One of the trends at the start of the year is to be able to approach memecoins as a sector in its own right. A notable change in dynamics which even pushes certain analysis structures to consider a real interest of these void tokens for the cryptocurrency ecosystem . However, the euphoria triggered by these cryptocurrencies with improbable returns does not resist the crisis . Indeed, the top 10 memecoins on the Solana network recorded a notable drop over the last 24 hours.
SOLANA CONTINUES TO SURF MEMECOINS :
While the week got off to a flying start, the return of Bitcoin below $70,000 has already reshuffled the cards . A situation which brings with it the entire cryptocurrency sector , with a few rare exceptions.
Should we hope for a rebound during the next Bitcoin halving approaching? Analysts remain for the most part wary, faced with unprecedented market dynamics that are not necessarily favorable in the short term .
And as the principle of pure speculation is not based on sufficiently solid fundamentals, the memecoin market was quick to begin this new bearish episode . This in particular on a Solana network whose current success is essentially based on being the official kennel of this meme economy .
As a result, the capitalization of memecoins on Solana still represents a 12% share of the total value of this sector ($62.3 billion), all networks combined. For comparison, the emerging memecoin market on the Base network is worth $1.6 billion (2.5%).
Because canine loyalty is probably what memecoin enthusiasts lack the most. Indeed, since the drop in fees triggered by the latest upgrade of the Ethereum network, layers 2 have become their new playground . Like for example the Base network which has just surpassed the historical Arbitrum (ARB) with its number of daily active addresses.
#Dogecoin #MemeCoinsToTheMoon #MemeCoinsSeason #Yanbi22
❗PLEASE SUBSCRIBE FOR MORE ❗
Dog of the breakage . One of the trends at the start of the year is to be able to approach memecoins as a sector in its own right. A notable change in dynamics which even pushes certain analysis structures to consider a real interest of these void tokens for the cryptocurrency ecosystem . However, the euphoria triggered by these cryptocurrencies with improbable returns does not resist the crisis . Indeed, the top 10 memecoins on the Solana network recorded a notable drop over the last 24 hours.
SOLANA CONTINUES TO SURF MEMECOINS :
While the week got off to a flying start, the return of Bitcoin below $70,000 has already reshuffled the cards . A situation which brings with it the entire cryptocurrency sector , with a few rare exceptions.
Should we hope for a rebound during the next Bitcoin halving approaching? Analysts remain for the most part wary, faced with unprecedented market dynamics that are not necessarily favorable in the short term .
And as the principle of pure speculation is not based on sufficiently solid fundamentals, the memecoin market was quick to begin this new bearish episode . This in particular on a Solana network whose current success is essentially based on being the official kennel of this meme economy .
As a result, the capitalization of memecoins on Solana still represents a 12% share of the total value of this sector ($62.3 billion), all networks combined. For comparison, the emerging memecoin market on the Base network is worth $1.6 billion (2.5%).
Because canine loyalty is probably what memecoin enthusiasts lack the most. Indeed, since the drop in fees triggered by the latest upgrade of the Ethereum network, layers 2 have become their new playground . Like for example the Base network which has just surpassed the historical Arbitrum (ARB) with its number of daily active addresses.
#Dogecoin #MemeCoinsToTheMoon #MemeCoinsSeason #Yanbi22
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Wishing you and your loved ones a blessed Eid filled with joy, peace, and prosperity. May this special day bring you closer to your family and friends, and may your hearts be filled with gratitude and happiness. Eid Mubarak!
#Yanbi22 #EidCelebration
#Yanbi22 #EidCelebration
Andre Cronje returns… to throw the same wedges
The founder of Fantom, Andre Cronje, is studying the possibility of integrating meme coins into the network of this blockchain.
Fantom's entry into this space reflects the growing trend of Layer 1 networks adopting these assets.
The meme coin industry has nearly tripled this year, reaching a market capitalization of more than $56 billion.“This quarter, demand for meme coins reached its highest level since 2021. Despite interest rates remaining high and the lack of stimulus checks being sent out, the appetite for crypto assets that appears useless was very strong. It’s unclear whether this is due to the overheating economy, or perhaps just growing “financial nihilism,” but meme coins have become the main topic in crypto in recent months,” remarked Lucas Outumuro , the head of research at IntoTheBlock.Despite the popularity of these crypto assets, several concerns persist, particularly regarding their security and their lack of practical application.
These concerns have also prompted the co-founder of Ethereum, Vitalik Buterin , to discuss the potential societal benefits of meme coins. Mr. Buterin indeed emphasized that these assets could be designed to uplift and unite communities and serve as instruments for social good and entertainment.
#MemeToDream #MemeCoinsSeason #SAGALAUNCHPOOL
The founder of Fantom, Andre Cronje, is studying the possibility of integrating meme coins into the network of this blockchain.
Fantom's entry into this space reflects the growing trend of Layer 1 networks adopting these assets.
The meme coin industry has nearly tripled this year, reaching a market capitalization of more than $56 billion.“This quarter, demand for meme coins reached its highest level since 2021. Despite interest rates remaining high and the lack of stimulus checks being sent out, the appetite for crypto assets that appears useless was very strong. It’s unclear whether this is due to the overheating economy, or perhaps just growing “financial nihilism,” but meme coins have become the main topic in crypto in recent months,” remarked Lucas Outumuro , the head of research at IntoTheBlock.Despite the popularity of these crypto assets, several concerns persist, particularly regarding their security and their lack of practical application.
These concerns have also prompted the co-founder of Ethereum, Vitalik Buterin , to discuss the potential societal benefits of meme coins. Mr. Buterin indeed emphasized that these assets could be designed to uplift and unite communities and serve as instruments for social good and entertainment.
#MemeToDream #MemeCoinsSeason #SAGALAUNCHPOOL
Ethena’s USDe Bitcoin collateral exceeds $500 million in a week
Ethena USDe's market capitalization has surged beyond $2 billion amid strong adoption.
Bitcoin collateral for Ethena’s USDe synthetic dollar has exceeded $500 million less than a week after its introduction.
The platform’s website data showed approximately $537 million in Bitcoin reserves across various exchanges such as Binance, OKX, and Deribit. The amount represents roughly 26% of its total asset reserve.
The other reserve assets include $714 million in Ethereum, $353 million in liquid-staked Ethereum, and $365 million in Tether’s USDT.
Seraphim Czecker, Ethena’s head of growth, said the substantial Bitcoin reserve was evidence that the platform is ready for the impending halving event. The halving is expected on roughly April 20 and will reduce Bitcoin’s block reward by 50% to 3.125 BTC.
Last week, Ethena onboarded BTC as a backing asset for USDe as part of efforts to create a safer product for its users. However, several market experts warned that the plan could pose a contagion risk for the broader crypto industry.
USDe adoption continues
As the platform’s Bitcoin collateral grows, USDe adoption is also witnessing an astronomic rise.
Data from CryptoSlate shows that USDe’s market capitalization has soared to $2.14 billion, with its trading volume during the past day at $364 million.
Its adoption from major DeFi projects like MakerDAO and Frax Finance has facilitated these high numbers.
Earlier today, Ethena Labs revealed that Frax Finance approved a $250 million liquidity pool to facilitate automated market operations (AMO) for minting new FRAX tokens.
According to Ethena Labs:
“As of yesterday FRAX has begun adding USDe POL which will create one of the deepest pools of dollar liquidity onchain, and enable FRAX to diversify their source of backing yield.”
Besides that, lending protocol Morpho Labs stated that MakerDAO, the issuer of the DAI stablecoin, allocated an additional $100 million in DAI tokens to its USDe/DAI and sUSDe/DAI markets on Morpho Blue.
#ENA #EthenaENA
Ethena USDe's market capitalization has surged beyond $2 billion amid strong adoption.
Bitcoin collateral for Ethena’s USDe synthetic dollar has exceeded $500 million less than a week after its introduction.
The platform’s website data showed approximately $537 million in Bitcoin reserves across various exchanges such as Binance, OKX, and Deribit. The amount represents roughly 26% of its total asset reserve.
The other reserve assets include $714 million in Ethereum, $353 million in liquid-staked Ethereum, and $365 million in Tether’s USDT.
Seraphim Czecker, Ethena’s head of growth, said the substantial Bitcoin reserve was evidence that the platform is ready for the impending halving event. The halving is expected on roughly April 20 and will reduce Bitcoin’s block reward by 50% to 3.125 BTC.
Last week, Ethena onboarded BTC as a backing asset for USDe as part of efforts to create a safer product for its users. However, several market experts warned that the plan could pose a contagion risk for the broader crypto industry.
USDe adoption continues
As the platform’s Bitcoin collateral grows, USDe adoption is also witnessing an astronomic rise.
Data from CryptoSlate shows that USDe’s market capitalization has soared to $2.14 billion, with its trading volume during the past day at $364 million.
Its adoption from major DeFi projects like MakerDAO and Frax Finance has facilitated these high numbers.
Earlier today, Ethena Labs revealed that Frax Finance approved a $250 million liquidity pool to facilitate automated market operations (AMO) for minting new FRAX tokens.
According to Ethena Labs:
“As of yesterday FRAX has begun adding USDe POL which will create one of the deepest pools of dollar liquidity onchain, and enable FRAX to diversify their source of backing yield.”
Besides that, lending protocol Morpho Labs stated that MakerDAO, the issuer of the DAI stablecoin, allocated an additional $100 million in DAI tokens to its USDe/DAI and sUSDe/DAI markets on Morpho Blue.
#ENA #EthenaENA
This Internet user proposes a new theory on the real identity of Satoshi Nakamoto, the creator of Bitcoin
So who is this mysterious Satoshi Nakamoto , the creator of Bitcoin whose identity has remained a mystery for more than a decade? This is THE question that has fascinated and intrigued the crypto community since the very beginning.
Many theories have been put forward over the years, but none have succeeded in definitively unlocking the secret. Some believe that behind this pseudonym is actually a group of people, working hand in hand, while others imagine a solitary genius, a visionary who preferred to remain in the shadows and let his creation speak for itself. …
However, a new and most intriguing lead has just been brought to light by a passionate Redditor . While meticulously digging through old academic publications on cryptography , he made a rather astonishing discovery: At a crypto conference in 1998 , a certain Satoshi Hada gave a presentation alongside another speaker named Toshiaki Tanaka.
Oh and while I'm thinking about it, I don't know if you know LiteBit but it's a really reliable site to buy your first cryptocurrencies at the best price. ( Affiliate link )
Satoshi? This immediately tickled the curiosity of our budding detective who, digging a little deeper, realized that the research work of Satoshi Hada , Toshiaki Tanaka and a third thief, Naohiko Uramoto , focused precisely on public keys and private… that is to say on the foundations of the blockchain !
Even more disturbing, if we cleverly combine pieces of their three names, we get… Satoshi + Naka + Moto … Satoshi Nakamoto ! Could this be a tribute from the true creator of Bitcoin? Or are these three Japanese cryptographers from IBM the brains behind the revolutionary cryptocurrency?
#btc #HotTrens #BinanceSquareCreator
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So who is this mysterious Satoshi Nakamoto , the creator of Bitcoin whose identity has remained a mystery for more than a decade? This is THE question that has fascinated and intrigued the crypto community since the very beginning.
Many theories have been put forward over the years, but none have succeeded in definitively unlocking the secret. Some believe that behind this pseudonym is actually a group of people, working hand in hand, while others imagine a solitary genius, a visionary who preferred to remain in the shadows and let his creation speak for itself. …
However, a new and most intriguing lead has just been brought to light by a passionate Redditor . While meticulously digging through old academic publications on cryptography , he made a rather astonishing discovery: At a crypto conference in 1998 , a certain Satoshi Hada gave a presentation alongside another speaker named Toshiaki Tanaka.
Oh and while I'm thinking about it, I don't know if you know LiteBit but it's a really reliable site to buy your first cryptocurrencies at the best price. ( Affiliate link )
Satoshi? This immediately tickled the curiosity of our budding detective who, digging a little deeper, realized that the research work of Satoshi Hada , Toshiaki Tanaka and a third thief, Naohiko Uramoto , focused precisely on public keys and private… that is to say on the foundations of the blockchain !
Even more disturbing, if we cleverly combine pieces of their three names, we get… Satoshi + Naka + Moto … Satoshi Nakamoto ! Could this be a tribute from the true creator of Bitcoin? Or are these three Japanese cryptographers from IBM the brains behind the revolutionary cryptocurrency?
#btc #HotTrens #BinanceSquareCreator
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