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Hey dudes! We are Web3 Daily. Here, we will discuss all the fun stuff related to Blockchain, Web3, and BNB Chain.| https://twitter.com/web3daily
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From $0 to $100k: A Crypto Playbook (with Risks and Rewards)Have you ever wondered how to get started in the exciting world of cryptocurrency? While there's no guaranteed path to riches, there are strategies you can learn from successful crypto users. In this post, we'll explore a potential roadmap, breaking down the journey from building a small initial investment to potentially reaching $100,000. It's important to remember that cryptocurrencies are inherently risky, so proceed with caution and do your own research before investing any money. 1. Building Your First $1,000 Getting started doesn't require a huge investment. Here are some free ways to begin earning crypto: Testnets: Participate in simulated blockchain environments to earn test tokens. These tokens might have value in the future if the project launches successfully.Some layers that you can dive into their ecosystem and get the reward: SCROLL, BERACHAIN, UNICORN ULTRA,...Ambassador Programs: Help promote new crypto projects and get rewarded with tokens.Some projects you can explore and get the Ambassador role from them: STAKESTONE, [SOLV](https://www.binance.com/en/activity/mission/airdrop-solv), BNB CHAIN (with the BNB CHAIN, you can get the NFTs, and Tokens, from the projects that build on the BNB Chain and exclusive gifts from BNB Chain, not $BNB 😂 )Web3 Jobs: Offer your skills to projects in the decentralized web space and earn crypto in return.You can apply to become the Binance staff [here](https://www.binance.com/en/careers) 👈Whitelist Farming: Complete tasks for upcoming crypto projects to gain access to exclusive token sales (always DYOR - Do Your Own Research - before participating in any whitelist).Some of the potential projects that have farming activities: StakeStone, SolV Flaex, Revox Remember: Earning from these activities takes time and effort. Success stories (like $10,000 airdrops) are not typical. Here are some resources to find legitimate free crypto opportunities: Follow reputable crypto accounts on social media, such as @Web3Daily Twitter 2. Growing Your Capital: $1,000 to $10,000 Once you've accumulated some crypto, you can explore higher-risk, higher-reward opportunities. Here are two potential niches: Memecoins: These are often community-driven tokens with high volatility. While some meme coins experience massive gains, many others fizzle out. Careful research and a strong understanding of the risks involved are crucial before investing in meme coins.Sybil Airdrops: Some crypto projects reward users who interact with their platforms from multiple wallets. This strategy can be time-consuming and carries the risk that the airdropped tokens may have little value. Important: Do your own research before investing in any Meme Coin or participating in a Sybil Airdrop. 3. The Challenge: $10,000 to $100,000 Reaching $100,000 is the most challenging stage. Here are two complex strategies that require significant knowledge and experience: Cryptocurrency Arbitrage: This involves exploiting price discrepancies between different crypto exchanges. It can be profitable but requires careful execution and carries the risk of sudden market movements.Research and Invest in Altcoins: Identifying promising altcoins with high growth potential can lead to significant returns. However, thorough analysis of the project, its team, and its tokenomics is essential before investing. Never Stop Learning The cryptocurrency space is constantly evolving. Stay up-to-date by following reliable sources and joining communities where you can learn from experienced users. Consider following my Twitter channel at my [Square Bio](https://www.binance.com/en/square/profile/Web3_Daily). #Insight #web3daily #CryptoTradingGuide #Airdrops_free {future}(BTCUSDT)

From $0 to $100k: A Crypto Playbook (with Risks and Rewards)

Have you ever wondered how to get started in the exciting world of cryptocurrency? While there's no guaranteed path to riches, there are strategies you can learn from successful crypto users.
In this post, we'll explore a potential roadmap, breaking down the journey from building a small initial investment to potentially reaching $100,000. It's important to remember that cryptocurrencies are inherently risky, so proceed with caution and do your own research before investing any money.

1. Building Your First $1,000
Getting started doesn't require a huge investment. Here are some free ways to begin earning crypto:
Testnets: Participate in simulated blockchain environments to earn test tokens. These tokens might have value in the future if the project launches successfully.Some layers that you can dive into their ecosystem and get the reward: SCROLL, BERACHAIN, UNICORN ULTRA,...Ambassador Programs: Help promote new crypto projects and get rewarded with tokens.Some projects you can explore and get the Ambassador role from them: STAKESTONE, SOLV, BNB CHAIN (with the BNB CHAIN, you can get the NFTs, and Tokens, from the projects that build on the BNB Chain and exclusive gifts from BNB Chain, not $BNB 😂 )Web3 Jobs: Offer your skills to projects in the decentralized web space and earn crypto in return.You can apply to become the Binance staff here 👈Whitelist Farming: Complete tasks for upcoming crypto projects to gain access to exclusive token sales (always DYOR - Do Your Own Research - before participating in any whitelist).Some of the potential projects that have farming activities: StakeStone, SolV Flaex, Revox
Remember: Earning from these activities takes time and effort. Success stories (like $10,000 airdrops) are not typical.
Here are some resources to find legitimate free crypto opportunities:
Follow reputable crypto accounts on social media, such as @Web3Daily Twitter
2. Growing Your Capital: $1,000 to $10,000
Once you've accumulated some crypto, you can explore higher-risk, higher-reward opportunities. Here are two potential niches:
Memecoins: These are often community-driven tokens with high volatility. While some meme coins experience massive gains, many others fizzle out. Careful research and a strong understanding of the risks involved are crucial before investing in meme coins.Sybil Airdrops: Some crypto projects reward users who interact with their platforms from multiple wallets. This strategy can be time-consuming and carries the risk that the airdropped tokens may have little value.
Important:
Do your own research before investing in any Meme Coin or participating in a Sybil Airdrop.
3. The Challenge: $10,000 to $100,000
Reaching $100,000 is the most challenging stage. Here are two complex strategies that require significant knowledge and experience:
Cryptocurrency Arbitrage: This involves exploiting price discrepancies between different crypto exchanges. It can be profitable but requires careful execution and carries the risk of sudden market movements.Research and Invest in Altcoins: Identifying promising altcoins with high growth potential can lead to significant returns. However, thorough analysis of the project, its team, and its tokenomics is essential before investing.
Never Stop Learning
The cryptocurrency space is constantly evolving. Stay up-to-date by following reliable sources and joining communities where you can learn from experienced users. Consider following my Twitter channel at my Square Bio.
#Insight #web3daily #CryptoTradingGuide #Airdrops_free
Binance Delisting Announcement: Updates to Spot Trading Pairs They're informing our community about upcoming changes to spot trading pairs on Binance. Following our regular review process, Binance will delist and cease trading on the following spot pairs effective June 28th, 2024, at 3:00 UTC: 👉 BLUR/FDUSD 👉 LINK/TUSD 👉 MEME/ETH 👉 METIS/FDUSD 👉 NFP/BNB 👉 OSMO/BTC 👉 SHIB/TUSD This decision comes after careful analysis, including factors like low liquidity and trading volume. They strive to maintain a high standard for our listed assets and believe this move benefits our overall platform stability. 🔥 Check it out: https://t.co/KuUS9Ab62b #binance #delisting #meme #coin #BLAST #LSDFi #Web3 #bitcoin
Binance Delisting Announcement: Updates to Spot Trading Pairs

They're informing our community about upcoming changes to spot trading pairs on Binance. Following our regular review process, Binance will delist and cease trading on the following spot pairs effective June 28th, 2024, at 3:00 UTC:

👉 BLUR/FDUSD
👉 LINK/TUSD
👉 MEME/ETH
👉 METIS/FDUSD
👉 NFP/BNB
👉 OSMO/BTC
👉 SHIB/TUSD

This decision comes after careful analysis, including factors like low liquidity and trading volume. They strive to maintain a high standard for our listed assets and believe this move benefits our overall platform stability.

🔥 Check it out: https://t.co/KuUS9Ab62b

#binance #delisting #meme #coin #BLAST #LSDFi #Web3 #bitcoin
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🚀 Web3 Daily AMA | Unlocking the Future of Liquid $ETH / $BTC : StakeStone's Latest Innovations and Updates Are you interested in the future of liquid ETH/BTC and unlocking native staking yields on Layer 2s? Join us for an AMA with StakeStone! StakeStone is a staking network that leverages the combined security of underlying assets like ETH and BTC. It's designed to work seamlessly with most DeFi Dapps and the consensus mechanism. This AMA is your chance to learn more about StakeStone's latest advancements and upcoming updates! Get ready guys 🔥 🗓 26th June | 12:00 PM UTC 🎁 $200/ 20 lucky winners 📌 Speaker: - Ivan K, CMO of StakeStone - Ara, Tech Lead of StakeStone 📌 Host: - Emily, Marketing Manager of Web3 Daily 🔥 Tune in here [AMA link](https://www.binance.com/vi/live/video?roomId=2205786) #StakeStone #web3daily #AirdropBinance #CryptoNewss #web3
🚀 Web3 Daily AMA | Unlocking the Future of Liquid $ETH / $BTC : StakeStone's Latest Innovations and Updates

Are you interested in the future of liquid ETH/BTC and unlocking native staking yields on Layer 2s? Join us for an AMA with StakeStone!

StakeStone is a staking network that leverages the combined security of underlying assets like ETH and BTC. It's designed to work seamlessly with most DeFi Dapps and the consensus mechanism.

This AMA is your chance to learn more about StakeStone's latest advancements and upcoming updates! Get ready guys 🔥

🗓 26th June | 12:00 PM UTC
🎁 $200/ 20 lucky winners

📌 Speaker:
- Ivan K, CMO of StakeStone
- Ara, Tech Lead of StakeStone

📌 Host:
- Emily, Marketing Manager of Web3 Daily

🔥 Tune in here
AMA link

#StakeStone #web3daily #AirdropBinance #CryptoNewss #web3
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Web3 Daily AMA | StakeStone's Latest Innovations and Updates

Web3 Daily AMA | StakeStone's Latest Innovations and Updates

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#dailyonchain In the past 2 hours, German Government wallets transferred 900 #BTC ($54.75 million), of which 400 BTC ($24.33 million) went to Kraken and Coinbase. Currently, the German Government holds 46,359 $BTC (2.83 billion USD). #germany #Web3
#dailyonchain

In the past 2 hours, German Government wallets transferred 900 #BTC ($54.75 million), of which 400 BTC ($24.33 million) went to Kraken and Coinbase.

Currently, the German Government holds 46,359 $BTC (2.83 billion USD).
#germany #Web3
I'm in the @TheForsakenNFT Darklist right now, and you? #DarkPower #NFT #Airdrop #Web3
I'm in the @TheForsakenNFT Darklist right now, and you?
#DarkPower #NFT #Airdrop #Web3
June 25 - Bitcoin ETF sees 7th day of outflows! $174M left the Bitcoin spot ETF yesterday, with Grayscale $GBTC leading the outflow at $90.43M. Total assets under management now at $51.53B. 🔥 Check it out: https://t.co/2V5HZJsFbL #bitcoin #binance #ETF #web3 #crypto #alpha #news
June 25 - Bitcoin ETF sees 7th day of outflows!

$174M left the Bitcoin spot ETF yesterday, with Grayscale $GBTC leading the outflow at $90.43M.

Total assets under management now at $51.53B.

🔥 Check it out: https://t.co/2V5HZJsFbL

#bitcoin #binance #ETF #web3 #crypto #alpha #news
5M Hamster card answer today 👉Participation link: https://t.me/hamsteR_kombat_bot/start?startapp=kentId1223931976 #Web3 #HAMSTERKOMBAT
5M Hamster card answer today

👉Participation link: https://t.me/hamsteR_kombat_bot/start?startapp=kentId1223931976
#Web3 #HAMSTERKOMBAT
Greesklive: Block calls rose significantly today. 67,000 ETH Block call traded options. ETH largest traded contract for the September 4,000Call, $BTC largest traded contract for the December 90,000Call, which are forward OTM call options. Not long ago just a giant whale transferred $100 million worth of $ETH into Deribit. #web3daily #BTC☀ #ETH🔥🔥🔥🔥
Greesklive: Block calls rose significantly today. 67,000 ETH Block call traded options. ETH largest traded contract for the September 4,000Call, $BTC largest traded contract for the December 90,000Call, which are forward OTM call options. Not long ago just a giant whale transferred $100 million worth of $ETH into Deribit.
#web3daily #BTC☀ #ETH🔥🔥🔥🔥
🚨 Join us for an exclusive AMA: " The New Dawn Of DeFi On The Arbitrum! ", with two special guests from @harmonixfi and @flaexc. 🗓 18:00 PM (UTC+7) | June 20, 2024 🎁 $100/ 10 lucky winners 📌 Contest rules: 👉 Follow @Web3daily, @flaexc, and @harmonixfi 👉Join Harmonix Finance Discord: https://t.co/xapgtFjsK1 👉 Like & repost the AMA announcement 👉 Ask your questions for Harmonix Finance and Flaex on our AMA 🚀Tune in here: https://t.co/dYK8r5nfzg Don't miss out! 🤩 #web3 #AMA #DeFi #Flaex #HarmonixFinance #crypto
🚨 Join us for an exclusive AMA: " The New Dawn Of DeFi On The Arbitrum! ", with two special guests from @harmonixfi and @flaexc.

🗓 18:00 PM (UTC+7) | June 20, 2024
🎁 $100/ 10 lucky winners

📌 Contest rules:
👉 Follow @Web3daily, @flaexc, and @harmonixfi
👉Join Harmonix Finance Discord: https://t.co/xapgtFjsK1
👉 Like & repost the AMA announcement
👉 Ask your questions for Harmonix Finance and Flaex on our AMA

🚀Tune in here: https://t.co/dYK8r5nfzg

Don't miss out! 🤩

#web3 #AMA #DeFi #Flaex #HarmonixFinance #crypto
This cat will judge you if you do not know about Lista DAO and haven't done the task on Binance MegaDrop to receive Lista DAO tokens, to get #LISTA for FREE. But first, I think you need to understand this potential project. 🧵
This cat will judge you if you do not know about Lista DAO and haven't done the task on Binance MegaDrop to receive Lista DAO tokens, to get #LISTA for FREE.

But first, I think you need to understand this potential project.
🧵
Embrace the Potential of Notcoin.#Notcion Don't shy away from the power of Notcoin. This exciting project offers the potential for profit, and here's why you should consider joining the community. 1. What is Notcoin? Notcoin is a captivating "Tap to Earn" game built on the TON ecosystem. This ambitious blockchain project, with roots in Pavel @durov 's Telegram platform, is poised for significant growth. 2. Notcoin's Meteoric Rise: Here's a glimpse of Notcoin's impressive traction in just the last 3 months: - Over 35 million active users have participated in mining Notcoin tokens, highlighting the project's widespread appeal. - A remarkable 94% of Notcoin users were introduced by friends, showcasing the power of the community network. - A staggering 8.8 trillion taps have been recorded, demonstrating the incredible user engagement with the game. 3. Why Notcoin Stands Out: Notcoin boasts a passionate community, a strong belief in the growing #TON ecosystem, and a dedicated development team. While TON's developer tools are still under development, the platform's potential is undeniable. Think of Notcoin as a pioneer for TON Blockchain , similar to how BNB Chain thrived in 2020. Notcoin's core focus is user base expansion, ensuring a vibrant community. 4. Notcoin: A Pioneering Force in TON While TON's developer tools are still under development, the platform's potential is undeniable. Notcoin, much like BNB Chain's rise in 2020, is a trailblazer for TON, attracting users and fostering a vibrant community. The project's core focus on user base expansion ensures a strong foundation for the future. 5. Embrace the Potential with Binance Launchpool: Notcoin's inclusion on #Binance Launchpool is a testament to its growing recognition. You can earn Notcoin through the engaging Tap-to-Earn gameplay, but for a more substantial boost, consider joining the Binance Launchpool program. ***NOTE: For potentially higher cumulative profits, explore Binance Earn options as well. Detail: Binance will then list NOT at 2024-05-16 12:00 (UTC) and open trading with NOT/BTC, NOT/USDT, NOT/BNB, NOT/FDUSD, and NOT/TRY trading pairs. The Seed Tag will be applied to NOT. NOT Launchpool Details: Token Name: Notcoin (NOT) Max Token Supply: 102,719,221,714 NOT Launchpool Token Rewards: 3,081,576,651 NOT (3% of max token supply) Initial Circulating Supply: 102,719,221,714 NOT (100% of max token supply) Smart Contract Details: Notcoin (https://tonviewer.com/EQAvlWFDxGF2lXm67y4yzC17wYKD9A0guwPkMs1gOsM__NOT…) Staking Terms: KYC required Hourly Hard Cap per User: 3,637,972 $NOT in $BNB pool 641,995 $NOT in $FDUSD pool Get all the details about Notcoin's exciting future and the Binance Launchpool program [here](https://binance.com/en/support/announcement/introducing-notcoin-not-on-binance-launchpool-farm-not-by-staking-bnb-and-fdusd-b78921ecf7c94e50973850fc47f497b9). #BinanceLaunchpool #NOT #web3daily

Embrace the Potential of Notcoin.

#Notcion
Don't shy away from the power of Notcoin. This exciting project offers the potential for profit, and here's why you should consider joining the community.

1. What is Notcoin?

Notcoin is a captivating "Tap to Earn" game built on the TON ecosystem. This ambitious blockchain project, with roots in Pavel @durov 's Telegram platform, is poised for significant growth.
2. Notcoin's Meteoric Rise:

Here's a glimpse of Notcoin's impressive traction in just the last 3 months:

- Over 35 million active users have participated in mining Notcoin tokens, highlighting the project's widespread appeal.
- A remarkable 94% of Notcoin users were introduced by friends, showcasing the power of the community network.
- A staggering 8.8 trillion taps have been recorded, demonstrating the incredible user engagement with the game.
3. Why Notcoin Stands Out:

Notcoin boasts a passionate community, a strong belief in the growing #TON ecosystem, and a dedicated development team. While TON's developer tools are still under development, the platform's potential is undeniable.
Think of Notcoin as a pioneer for TON Blockchain , similar to how BNB Chain thrived in 2020. Notcoin's core focus is user base expansion, ensuring a vibrant community.

4. Notcoin: A Pioneering Force in TON

While TON's developer tools are still under development, the platform's potential is undeniable. Notcoin, much like BNB Chain's rise in 2020, is a trailblazer for TON, attracting users and fostering a vibrant community.
The project's core focus on user base expansion ensures a strong foundation for the future.

5. Embrace the Potential with Binance Launchpool:

Notcoin's inclusion on #Binance Launchpool is a testament to its growing recognition. You can earn Notcoin through the engaging Tap-to-Earn gameplay, but for a more substantial boost, consider joining the Binance Launchpool program.

***NOTE: For potentially higher cumulative profits, explore Binance Earn options as well.
Detail:

Binance will then list NOT at 2024-05-16 12:00 (UTC) and open trading with NOT/BTC, NOT/USDT, NOT/BNB, NOT/FDUSD, and NOT/TRY trading pairs. The Seed Tag will be applied to NOT.

NOT Launchpool Details:

Token Name: Notcoin (NOT)
Max Token Supply: 102,719,221,714 NOT
Launchpool Token Rewards: 3,081,576,651 NOT (3% of max token supply)
Initial Circulating Supply: 102,719,221,714 NOT (100% of max token supply)

Smart Contract Details: Notcoin (https://tonviewer.com/EQAvlWFDxGF2lXm67y4yzC17wYKD9A0guwPkMs1gOsM__NOT…)
Staking Terms: KYC required
Hourly Hard Cap per User:
3,637,972 $NOT in $BNB pool
641,995 $NOT in $FDUSD pool

Get all the details about Notcoin's exciting future and the Binance Launchpool program here.
#BinanceLaunchpool #NOT #web3daily
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Binance Vietnam
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#Binance tự hào được cấp giấy phép Nhà cung cấp dịch vụ tài sản kỹ thuật số (VASP) từ Cơ quan quản lý tài sản kỹ thuật số (VARA) của Dubai.
Sau lần cấp giấy phép Sản phẩm khả dụng tối thiểu (MVP) đầu tiên vào tháng 7 năm 2023, giấy phép lần này là cột mốc quan trọng đối với Binance và lĩnh vực tài sản ảo trên toàn cầu. 
Việc chuyển đổi từ giấy phép MVP sang giấy phép VASP cho phép Binance FZE mở rộng việc cung cấp sản phẩm sang nhà đầu tư cá nhân cùng với nhà đầu tư tổ chức và đủ điều kiện. Giờ đây, khách hàng cá nhân có thể tiếp cận nhiều loại sản phẩm và dịch vụ tài sản kỹ thuật số như giao dịch giao ngay, giao dịch ký quỹ và stake – mảng dịch vụ tài sản ảo được quản lý rộng nhất hiện có không chỉ ở UAE mà còn trên toàn thế giới.
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Đọc thêm về sự kiện cấp phép lần này Ở ĐÂY
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Binance Square Feature Update – May 2, 2024
Hi Binancians,
We're excited to announce that Binance Square's newest updates are now live in app version 2.82. For a smoother and more efficient browsing experience, we recommend updating your app. Here is a breakdown of our latest features:
Community Sentiment for Specific Tokens Experience real-time market sentiment at your fingertips. Visit the 'Square' tab on a token's market page to cast your daily vote - bullish or bearish, and share your invaluable predictions and insights with the community.Candle Chart Widget for Mentioned TokensEasily integrate a candle chart widget for the token you've discussed in your post, enhancing both navigation and discussion clarity. Intrigued readers can directly access the trading page of the token simply by clicking on the chart.
Stay Updated with All Things Binance Square
Follow the official Binance Square account to keep up with the latest news, features, and updates, and ensure you never miss important information.
Your opinion matters to us! If there's a product or feature you want to see implemented on Binance Square, don't hesitate to let us know. Submit your ideas through our customer support, and together, we'll work towards making Binance Square even better. Thank you for being a part of our community!
RENZO is the next restaking project on the Binance Launchpool.Renzo Protocol ( $REZ ): This is a liquid staking platform built on EigenLayer focused on Ethereum. It allows users to stake their Ethereum (ETH) and earn rewards through staking and restaking. The platform also offers a liquid staking token called ezETH, which can be used in various DeFi applications. Renzo launched in 2023 and has grown its total value locked (TVL) to over $3.3 billion. Their native token, REZ, is used for governance in the Renzo protocol. Here's a deeper dive into the utilities of the Renzo Protocol ( $REZ ) beyond the core staking functionalities: Advanced Staking Features Flexible Staking: RENZO offers flexible staking options. Unlike some staking platforms with fixed lockup periods, RENZO allows users to stake and unstake their ETH at any time. This provides greater flexibility for managing your cryptocurrency portfolio. Minimum Staking Threshold: RENZO may have a minimum staking threshold, meaning you need a certain amount of ETH to participate in staking. This helps ensure the platform's efficiency and security. Security EigenLayer Integration: RENZO leverages EigenLayer, a secure sharding technology that scales the Ethereum network without compromising security. Smart Contract Audits: The Renzo protocol undergoes regular smart contract audits by independent security firms. These audits help identify and mitigate potential vulnerabilities in the code that could lead to hacks or exploits. Additional Utilities Reduced Gas Fees: RENZO aims to reduce gas fees associated with ETH staking compared to traditional staking methods. Gas fees are transaction fees on the Ethereum network that can be high at times. Community Governance: REZ token holders can participate in discussions and propose changes to the Renzo protocol through the project's governance forums. This allows the community to have a say in the platform's development. Potential Future Utilities Yield Optimization Strategies: RENZO is exploring ways to integrate with yield optimization protocols. These protocols could automatically compound staking rewards or move them between different DeFi platforms to maximize returns for users. NFT Integration: There's potential for RENZO to integrate with Non-Fungible Tokens (NFTs). For example, ezETH tokens could be used as collateral for borrowing NFTs in a DeFi lending platform. Assuming you're interested in the Renzo Protocol ($REZ) for staking Ethereum ($ETH), here's a breakdown of its utilities: 1⃣ Staking Utilities: - Earn Rewards: RENZO allows users to stake their ETH and earn rewards. These rewards come from two sources: + Native Staking: Users earn a portion of the block rewards generated by the Ethereum network for validating transactions. + Restaking: RENZO automatically retakes earned rewards to compound your interest and maximize returns. - Liquidity: Unlike traditional staking methods that lock your ETH for a specific period, RENZO offers a liquid staking solution. When you stake your ETH with RENZO, you receive an equivalent amount of ezETH (liquid staked ETH) tokens. + ezETH: These tokens represent your staked ETH and can be freely traded on DeFi platforms, allowing you to access liquidity while still earning staking rewards. 2️⃣ Governance Utility RENZO Token ( REZ ): This is the native token of the Renzo Protocol. REZ holders can participate in the governance of the platform by voting on proposals that affect the protocol's development, fees, and future direction. 3⃣ Future DeFi Integration: RENZO's ezETH tokens are designed to be interoperable with various DeFi applications. As the DeFi ecosystem evolves, ezETH could potentially be used as collateral for borrowing or lending cryptocurrencies. Here's a quick summary of RENZO's utilities: 👉 Earn staking rewards on $ETH. 👉 Maintain liquidity through ezETH tokens. 👉 Participate in platform governance with REZ tokens. 👉 Potential for future DeFi integrations (borrowing/lending). You guys can participate in the #BinanceLaunchpool this time to get the REZ for FREE. Pool details: Token name: Renzo (REZ token) Total supply: 10,000,000,000 REZ Launchpool reward: 250,000,000 REZ (2.5% of total supply) Initial circulating supply: 1,050,000,000 REZ (10.50% of total supply) Staking terms: KYC required Hourly hard cap per user: 147,569.44 REZ in $BNB pool 26,041.67 REZ in $FDUSD pool [Read more](https://www.binance.com/en/support/announcement/introducing-renzo-rez-on-binance-launchpool-farm-rez-by-staking-bnb-and-fdusd-b1e64410cc9c4ab29687392f5581a61b) #bitcoinhalving #Megadrop #RENZOLAUNCHPOOL #web3daily

RENZO is the next restaking project on the Binance Launchpool.

Renzo Protocol ( $REZ ): This is a liquid staking platform built on EigenLayer focused on Ethereum. It allows users to stake their Ethereum (ETH) and earn rewards through staking and restaking.
The platform also offers a liquid staking token called ezETH, which can be used in various DeFi applications. Renzo launched in 2023 and has grown its total value locked (TVL) to over $3.3 billion. Their native token, REZ, is used for governance in the Renzo protocol.
Here's a deeper dive into the utilities of the Renzo Protocol ( $REZ ) beyond the core staking functionalities:

Advanced Staking Features
Flexible Staking: RENZO offers flexible staking options. Unlike some staking platforms with fixed lockup periods, RENZO allows users to stake and unstake their ETH at any time. This provides greater flexibility for managing your cryptocurrency portfolio.
Minimum Staking Threshold: RENZO may have a minimum staking threshold, meaning you need a certain amount of ETH to participate in staking. This helps ensure the platform's efficiency and security.

Security
EigenLayer Integration: RENZO leverages EigenLayer, a secure sharding technology that scales the Ethereum network without compromising security.
Smart Contract Audits: The Renzo protocol undergoes regular smart contract audits by independent security firms. These audits help identify and mitigate potential vulnerabilities in the code that could lead to hacks or exploits.

Additional Utilities
Reduced Gas Fees: RENZO aims to reduce gas fees associated with ETH staking compared to traditional staking methods. Gas fees are transaction fees on the Ethereum network that can be high at times.
Community Governance: REZ token holders can participate in discussions and propose changes to the Renzo protocol through the project's governance forums. This allows the community to have a say in the platform's development.

Potential Future Utilities
Yield Optimization Strategies: RENZO is exploring ways to integrate with yield optimization protocols. These protocols could automatically compound staking rewards or move them between different DeFi platforms to maximize returns for users.
NFT Integration: There's potential for RENZO to integrate with Non-Fungible Tokens (NFTs). For example, ezETH tokens could be used as collateral for borrowing NFTs in a DeFi lending platform.

Assuming you're interested in the Renzo Protocol ($REZ) for staking Ethereum ($ETH), here's a breakdown of its utilities:
1⃣ Staking Utilities:
- Earn Rewards:
RENZO allows users to stake their ETH and earn rewards. These rewards come from two sources:
+ Native Staking: Users earn a portion of the block rewards generated by the Ethereum network for validating transactions.
+ Restaking: RENZO automatically retakes earned rewards to compound your interest and maximize returns.
- Liquidity:
Unlike traditional staking methods that lock your ETH for a specific period, RENZO offers a liquid staking solution. When you stake your ETH with RENZO, you receive an equivalent amount of ezETH (liquid staked ETH) tokens.
+ ezETH: These tokens represent your staked ETH and can be freely traded on DeFi platforms, allowing you to access liquidity while still earning staking rewards.

2️⃣ Governance Utility
RENZO Token ( REZ ): This is the native token of the Renzo Protocol. REZ holders can participate in the governance of the platform by voting on proposals that affect the protocol's development, fees, and future direction.

3⃣ Future DeFi Integration:
RENZO's ezETH tokens are designed to be interoperable with various DeFi applications. As the DeFi ecosystem evolves, ezETH could potentially be used as collateral for borrowing or lending cryptocurrencies.

Here's a quick summary of RENZO's utilities:
👉 Earn staking rewards on $ETH.
👉 Maintain liquidity through ezETH tokens.
👉 Participate in platform governance with REZ tokens.
👉 Potential for future DeFi integrations (borrowing/lending).

You guys can participate in the #BinanceLaunchpool this time to get the REZ for FREE.
Pool details:
Token name: Renzo (REZ token)
Total supply: 10,000,000,000 REZ
Launchpool reward: 250,000,000 REZ (2.5% of total supply)
Initial circulating supply: 1,050,000,000 REZ (10.50% of total supply)
Staking terms: KYC required
Hourly hard cap per user:
147,569.44 REZ in $BNB pool
26,041.67 REZ in $FDUSD pool
Read more

#bitcoinhalving #Megadrop #RENZOLAUNCHPOOL #web3daily
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