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**Asymmetry Finance Introduces afUSD Synthetic Dollar with Ampleforth and Paid Network Partnership** Odaily reports that Asymmetry Finance is launching afUSD, a fully on-chain synthetic dollar that adjusts its supply based on market dynamics. This launch is enabled through a partnership with the Ampleforth stablecoin project and the Paid Network dApp. **Main Points:** - ➖ **afUSD:** Fully on-chain synthetic dollar - ➖ **Variable Supply:** Changes with market conditions - ➖ **Partnership:** In collaboration with Ampleforth and Paid Network - ➖ **Algorithmic Control:** Utilizes Ampleforth’s supply adjustment mechanism - ➖ **Elastic Stability:** Designed to handle financial pressures effectively - ➖ **New Stability Model:** Offers potential for greater stability and flexibility in the crypto space. #TopCoinsJune2024 #ETHETFsApproved #altcoins #Binance200M

**Asymmetry Finance Introduces afUSD Synthetic Dollar with Ampleforth and Paid Network Partnership**

Odaily reports that Asymmetry Finance is launching afUSD, a fully on-chain synthetic dollar that adjusts its supply based on market dynamics. This launch is enabled through a partnership with the Ampleforth stablecoin project and the Paid Network dApp.

**Main Points:**

- ➖ **afUSD:** Fully on-chain synthetic dollar

- ➖ **Variable Supply:** Changes with market conditions

- ➖ **Partnership:** In collaboration with Ampleforth and Paid Network

- ➖ **Algorithmic Control:** Utilizes Ampleforth’s supply adjustment mechanism

- ➖ **Elastic Stability:** Designed to handle financial pressures effectively

- ➖ **New Stability Model:** Offers potential for greater stability and flexibility in the crypto space.

#TopCoinsJune2024 #ETHETFsApproved #altcoins #Binance200M

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**ADA Poised for Significant Rise as Cardano Nears Major Milestone** **Cardano Network Update:** A crucial milestone is approaching for Cardano, which could lead to a substantial increase in ADA’s price. **Main Points:** - ➖ **Impending Hard Fork:** Charles Hoskinson has announced the forthcoming launch of Cardano 9.0 and the Chang hard fork. - ➖ **Entering Voltaire Era:** This will mark the start of the Voltaire era, emphasizing community-driven governance. - ➖ **Network Preparedness:** Cardano is ready for the fork, pending 70% installation by stake pool operators. **Hoskinson’s Insights:** - ➖ **Global Decentralization:** Cardano aims to be a global decentralized entity with millions of participants. - ➖ **Innovative Governance:** Plans to implement the most sophisticated blockchain governance system with budgets, a treasury, and community input. - ➖ **Journey Reflection:** Hoskinson equated building Cardano to building a nation, expressing pride and optimism for the future. **Price Outlook for ADA:** - ➖ **Current Position:** ADA is now the 11th largest cryptocurrency, trading at $0.4454. - ➖ **Historical Context:** Cardano is significantly below its all-time high of $3.09 from September 2021. - ➖ **Future Potential:** The milestone could boost investor confidence and drive ADA to the $1 mark. **Market Conditions:** - ➖ **Technical Analysis:** Indicators point to a possible strong rebound. - ➖ **Investor Sentiment:** Despite a slight weekly gain of 0.1%, investors remain optimistic about ADA’s recovery. **Hoskinson’s Vision:** - ➖ **Next Decade:** He encourages the community to make a significant impact, expressing hope for Cardano’s future. **Watch for further updates as Cardano achieves this milestone and ADA targets a rise to $1!** #Binance200M #altcoins #FIT21 #bitcoin #ADABullish $ADA
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Binance Updates Its Managed Sub-Account (MSA) Functionality Fellow Binancians, At Binance, we value user feedback and continuously refine our offerings to enhance your experience. We're excited to announce updates to the Managed Sub-Account (MSA) structure, including changes to the fee system, effective from 2024-07-01 00:00 (UTC). 🔑 **Key Highlights:** - **Exclusion from Rebates and Discounts:** MSAs will no longer receive liquidity provider program rebates or taker program discounts. - **New MSA Fee:** A fee will be applied based on the monthly average asset balance of each MSA and the total trading volume of all MSAs under the trading team. 📉 **Liquidity Provider Program Restrictions:** - **No Rebates for MSAs:** MSAs are not eligible for rebates, regardless of the master account’s program tier. - **Maker Fee Adjustments:** For eligible trading teams, MSA’s maker fee will be 0. - **Volume Counting:** MSA trading volume counts towards the master account’s liquidity provider volume requirements. - **Applicable Markets:** Spot, Fiat, USDⓈ-Margined Futures, and COIN-Margined Futures. 📉 **Taker Program Restrictions:** - **No Taker Discounts:** USDⓈ-Margined Futures Taker Program discounts won't apply to MSAs. - **Volume Contributions:** MSA taker volume contributes to the taker program requirements. 💰 **Managed Sub-Account Fees:** 1. **Account Maintenance Fee:** - **Fixed Fee:** 500 USDT per MSA. - **Applicability:** MSAs with a monthly average asset balance below 100,000 USD equivalent. 2. **Trading Fee:** - **VIP Tier Based:** Applicable if the trading team’s VIP level is between VIP 7-9 and higher than the investor VIP level. - **Calculation:** Daily fees accumulated and charged monthly. - **Fee Rates:** - **Spot Maker/Taker:** 0.002% - **Futures Maker/Taker:** 0.001% - **Waivers:** MSA trading maker fee waived for markets qualified under liquidity provider programs. #TopCoinsJune2024 #altcoins #BTC
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