SHIB vs. PEPE, DOGE vs. WIF: Who Won the Meme Coin Race?
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Want to win an iPhone 15 or an FDUSD gift card?
Head to Binance Square between February 29 and March 7, 2024 and take advantage of this golden opportunity!
Just take part in these fun quests and each journey brings you closer to great rewards:
Task 1 - Become a part of Binance Square Create your Binance Square profile. Add a catchy nickname, an attractive avatar and a short bio. Task 2- Make your first post on Binance Square Create your first post or article on Binance Square, use #BinanceTurkeySquare.
I found a new hidden gem with a confirmed airdrop backed by $TIA
$LAVA airdrop = $TIA airdrop 3 months ago.
Costs: $0 & 5 minutes Potential Profit: $10,000+
Here's how to get $LAVA airdrop
â« Recently I found an interesting project with a confirmed airdrop backed by @CelestiaOrg, and as we know Celestia already gave us huge airdrops like $50,000 $TIA and others
Here is a strategy on how to farm $LAVA airdrop
â« @lavanetxyz serves as a versatile data access layer, encompassing both RPC and indexing functionalities, specifically tailored for rollups and various blockchain networks.
â Raised: $15M from @CelestiaOrg and other top funds
â« $LAVA has launched a Magma campaign with a points system and confirmed rewards for testnet users.
â I think we will be able to convert out points in $LAVA tokens in the future
More points = bigger airdrop
1/â« Firstly we will need to create a Lava account
â Go to: points.lavanet.xyz/register?code=2QNVD â Click on Join Now You Can Use This Code (2QNVD) â Connect your wallet â Connect your Twitter â Join the project's Discord
2/â« Add ETH RPC to our Metamask wallet
â Go to: chainlist.org/chain/1 â Click on Connect wallet â Then you need to find RPC with 2 green ticks â Click on Add to metamask
3/âź Now after we add ETH RPC we need to change it with ETH RPC from our Lava acc
â Go to: points.lavanet.xyz/profile â Click on ETH and copy the link (Lava RPC) â Move to your Metamask wallet â Click on Settings â Choose a custom ETH chain â Enter link â Click on Save
4/âź Testnet farming strategy
Firstly to interact with Lava testnet we will need @keplrwallet
â Go to: keplr.app â Click on Install Keplr â Create your wallet
5/âź How to add Lava testnet network to Keplr
â Go to: docs.lavanet.xyz/wallet/#keplr â Scroll down and click on add lava to keplr â Now open your Keplr wallet â Click on Settings â Go to General and then to Manage Chain Visibility â Select Lava and add Lava testnet
6/âź Test tokens
â Go to: docs.lavanet.xyz/faucet/#discord-faucet â Click on Discord Faucet â Open Discord and go to faucet channel â Copy your Lava wallet address â Enter $request and "your wallet address" â Wait for your test tokens
7/âź Delegate tokens on Lava
â Go to: explorer.kjnodes.com/lava-testnet/staking â Choose any validator
â Click Delegate â Connect your wallet â Choose Keplr and click Next â Approve TX in your wallet â Enter an account name and click Next â Click on Save
â Go to: explorer.kjnodes.com/lava-testnet/staking â Choose any validarot and click Delegate â Enter any amount you want â Click on Advanced and enter a Fee â Click Send and confirm the TX
Blast Launches Ethereum L2 Mainnet Unlocking $2.3B in Staked Crypto
The Ethereum layer-2 Blast launched its mainnet on Feb. 29 at 9:00 pm UTC unlocking nearly $2.3 billion in staked crypto previously locked up on the network, with about $280 million making an initial exit .
The optimistic rollup blockchain scaler gives users up to 5% annual percentage yield on Ether (ETH) and stablecoins held on the network generated from staked ETH and United States Treasury Bills (T-Bills) managed by blockchain protocol MakerDAO.
Crypto sent to the network was locked in before the mainnet launch, giving its 180,000 users no way to withdraw sent funds until now.
Blastâs total value locked (TVL) saw a high of $2.27 billion on Feb. 29, which has now fallen to under $2 billion after the launch, according to DeFiLlama.
Blast's total value locked hit a high of nearly $2.3 billion, falling to $1.99 billion after its mainnet launch. Source: DeFiLlama
The network had passed its $2 billion TVL milestone for the first time days earlier on Feb. 27.
Airdrop hunters have flocked to the blockchain, farming it in hopes to be cut in on a Blast token the team has said is coming in May.
Blastâs launch has come with controversy, too.
Dan Robinson, research head at Blast seed investor Paradigm wrote in a November X post that the venture firm didnât agree with Blastâs decision to âlaunch the bridge before the L2, or not to allow withdrawals for three monthsâ believing it "sets a bad precedent for other projects."
There are a lot of components of Blast that Iâm excited about and would be interested in engaging with people on. That said, we at Paradigm think the announcement this week crossed lines in both messaging and execution. For example, we donât agree with the decision to launch theâŠ
âWe also think much of the marketing cheapens the work of a serious team,â Robinson added. âWe donât endorse these kinds of tactics.â
The network has already seen its first alleged exit scam on Feb. 26 when a gambling protocol called âRisk on Blastâ took off with 420 ETH â around $1.25 million worth at the time â of user funds it collected for its marketed RISK presale token.
Magazine: Ethereum restaking â Blockchain innovation or dangerous house of cards?
Long-Term VET Holders Express Concern After VeBetter DAO Reveal
Doubts arise over VeChainâs historical milestonesâ actual impact.
Tools developed, but enterprise adoption remains a challenge.
The VeFam bring their concerns to Sunny Lu hoping for transparency.
In a recent post, a seasoned VET holder voiced concerns over VeChainâs developmental milestones. This prompted reflections on the blockchainâs journey and future. In detail, the holder breaks down his concerns in a long TwitterX thread.
My Concerns with VeChain as an OG VEN Holder +X-Node:[ Thread ]
â Binks (@_CryptoBinks_) February 29, 2024
He starts off with a closer look at the blockchainâs timeline. Specifically, the holder questions the impact of historical milestones, pointing out partnerships and launches that seemingly lacked tangible results. Then he highlights the X-Node campaignâs unmet expectations and the unclear outcomes of collaborations like Draper Dragon and DNV GL.
His next remarks explore how developing tools require mass adoption. He says despite innovative tools, there is a lack of enterprise clients and governments adopting VeChainâs solutions. Thus, he raises questions about the six-year development of revolutionary tools without substantial traction.
Next he says there is no on-chain volume. He claims to bserve a notable absence of transaction volume on the VeChain blockchain compared to other platforms like ETH, ADA, and SOL. To which, he cites the NFT market as an example, where VeChain struggles to compete in transaction volume.
Additionally he throws light on the lack on stablecoins and criticises VeChainâs mission. He reflects on the evolution of VeChainâs mission from enterprise solutions to a sustainability initiative. The, expresses disheartenment as VeChain appears to divert from its initial goal of being the backbone for logistics infrastructure.
Next, he raises concerns about the complexity of VeChainâs evolving ecosystem with multiple tokens and governance mechanisms. Leading to questioning the potential barrier for new users in understanding and adopting the intricate model.
Adding on he raises concerns about potential exploitation of dApps incentivizing rewards, leading to hyperinflation and questions how the ecosystem plans to prevent misuse without creating high entry barriers.
As a long-term holder, the criticâs doubts reflect broader concerns within the community, prompting a closer examination of VeChainâs development trajectory. The VeFam seem to go on to encourage VeChain CEO, Sunny Lu, to be transparent and meet the communityâs concerns.
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The post Long-Term VET Holders Express Concern After VeBetter DAO Reveal appeared first on Crypto News Land.
Head to Binance Square between February 29 and March 7, 2024 and take advantage of this golden opportunity!
Just take part in these fun quests and each journey brings you closer to great rewards:
Task 1 - Become a part of Binance Square Create your Binance Square profile. Add a catchy nickname, an attractive avatar and a short bio. Task 2- Make your first post on Binance Square Create your first post or article on Binance Square, use #BinanceTurkeySquare.
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