Dubai is about to usher in its annual event on Tuesday - Binance Blockchain Week. The event is scheduled to be held in Dubai from October 30 to 31, 2024, with the theme "Momentum".
Binance Blockchain Week recently announced 12 forward-looking projects, which have shown potential and innovation in modularization, re-staking, DeFi, Layer 2 and other industries, and will be promoted at the meeting.
As one of the largest Web3 events in the world, the trends of Binance Blockchain Week are worthy of attention. This article will introduce these 12 projects one by one to provide you with a reference.
Source: Biteye
01 Movement @movementlabsxyz
Total funding: $41.4 million from Binance Labs, Polychain, Hack VC and others
Introduction: Movement is a modular blockchain project based on the Move programming language, developed by Movement Labs. Movement is considered Ethereum’s first Move-EVM Layer 2 solution and aims to provide developers with a secure and flexible environment to build and deploy smart contracts. The resource-oriented nature of the Move language can effectively prevent common EVM vulnerabilities such as reentrancy attacks, thereby improving the security of crypto assets and solving some limitations of existing smart contract languages (such as Solidity).
How to participate: Incentivized testnet activity Movedrop
Source: Biteye
02 Puffer Finance @puffer_finance
Total funding: $24.15 million from Binance Labs, Electric Capital, BH Digital and others
Introduction: A decentralized native liquidity re-pledge protocol built on Ethereum. Puffer Finance offers a range of innovative products, including Liquidity Re-hypothecation (LRT) and Rollup-based solutions, designed to promote liquidity and application development in the Ethereum ecosystem. In addition, Puffer Finance also launched PufferDAO, which gives the community governance rights and ensures the transparency and decentralization of the project.
Participation method: Already issued coins, you can participate in the second season airdrop pledge activity
Source: Biteye
03 Solayer @solayer_labs
Total funding: $12 million from Polychain, Binance Labs, Hack VC and others
Introduction: A decentralized re-staking network based on Solana, designed to enhance the bandwidth and Layer 1 security of decentralized applications (dApps) through the re-staking mechanism. Users can lock their pledged $SOL assets on Solayer again, operating similar to Ethereum’s EigenLayer. Since its launch in June 2024, Solayer has risen rapidly in the Solana ecosystem, reaching a total value locked (TVL) of US$150 million in just two months, becoming the 13th largest protocol on Solana.
How to participate: Second quarter staking incentive event (qualified for screening before participating)
Source: Biteye
04 UXUY @uxuycom
Total funding: $11.2 million from Binance Labs, Bixin Ventures, Waterdrip Capital and others
Introduction: A decentralized multi-chain trading platform, designed to provide users with a multi-chain wallet and DApp application center based on Telegram, supporting multiple chains such as Bitcoin, Ethereum, Solana, TRON and TON. UXUY's goal is to introduce 900 million Telegram users into the multi-chain encryption ecosystem and provide convenient cross-chain transactions and a variety of financial services. For example, UXUY wallet allows users to easily manage and trade different crypto assets on one platform.
How to participate: Create a UXUY Telegram wallet to earn Bitcoin rewards
Source: Biteye
05 aPriori @aprMEV
Total funding: $10.7 million from Binance Labs, OKX Ventures, Pantera Capital and others
Introduction: A platform focusing on miner extractable value (MEV)-driven liquidity staking solutions, built on the Monad network. Monad is an Ethereum-compatible Layer 1 smart contract platform designed to provide high-performance parallel processing capabilities. aPriori's innovative probability check design greatly reduces latency and maximizes the high performance of Monad.
Participation method: Participate in community interaction, and the liquid staking protocol will be launched on the Monad testnet later.
Source: Biteye
06 MilkyWay @milky_way_zone
Total financing: US$5 million, invested by Binance Labs, Polychain, Hack VC and others
Introduction: MilkyWay aims to be the hub for modular heavy staking. It orchestrates security through LST (Liquid Staked Token), re-staking, and AVS (Asset Verification Service) management. MilkyWay's goal is to provide cryptoeconomic security for the modular ecosystem and create revenue for users. It’s called a “modular staking portal.”
How to participate: Snapshot
Source: Biteye
07 Zerobase @zerobasezk
Total financing: US$5 million, invested by Binance Labs, IDG Capital and others
Introduction: The Zero-Knowledge Proof (ZK) project aims to build the world's fastest proof network (Prover Network) to improve speed, cost, security and privacy. ZEROBASE’s features include generation time of only 300 milliseconds per proof, cost as low as $1, and support for Trusted Execution Environments (TEEs), making its technology reliable in cybersecurity. The project hopes to promote the popularization of ZK technology by motivating retail users to become node operators and pledgers, allowing more people to participate in the network. In addition, ZEROBASE also plans to integrate the zkLogin architecture into the SOON platform to provide a smoother and privacy-focused login experience and ensure that users' sensitive data (such as OpenID, avatar and email) are protected.
Source: Biteye
08 Zest Protocol @ZestProtocol
Total funding: $3.5 million from Binance Labs, Trust Machines and others
Introduction: A decentralized finance (DeFi) protocol designed specifically for Bitcoin, aiming to provide income to Bitcoin holders through on-chain lending services. The protocol allows users to borrow, borrow and earn income on the Bitcoin network, leveraging Bitcoin's layer 2 technology Stacks and sBTC, an asset pegged 1:1 to Bitcoin, to achieve this goal. Zest Protocol also offers some unique features, such as the ability for users to earn up to 65% annualized yield (APY) by depositing different assets such as STX and USDC. Additionally, Zest Protocol plans to launch new yield products such as BTCz, which combines the yield generation of Babylon with the security of Stacks.
How to participate: Earn points through Stacks online lending, deposit through Bitcoin network, Zealy activities
Source: Biteye
09 KiloEx @KiloEx_perp
Total financing: Undisclosed amount, invested by Foresight Ventures, Binance Labs, etc.
Introduction: A decentralized exchange (DEX) focuses on perpetual contract trading and aims to provide users with a friendly trading experience. KiloEx supports multiple blockchains, including BNB Chain, opBNB, Manta, Taiko, and Base. KiloEx uses the rate basis to anchor the perpetual contract price with the spot price to ensure the stability and reliability of the transaction.
Participation methods: official multi-chain trading competition, community trading competition, Manta joint activities
Source: Biteye
10 OpenEden @OpenEden_Labs
Total funding: Undisclosed amount, invested by Binance Labs
Introduction: A platform focused on the tokenization of real world assets (RWA). Its flagship product is the Tokenized U.S. Treasury Bond Fund (TBILL), which allows users to invest in low-risk U.S. Treasury bonds through blockchain technology. OpenEden is the first and only tokenized Treasury product to receive an “A” rating from Moody’s, a rating that provides it with increased credibility and attractiveness. It has accumulated more than 100 million US dollars in total value locked (TVL), and plans to further expand its influence in the DeFi ecosystem through cooperation with payment companies, decentralized finance (DeFi) protocols and crypto wallets.
Source: Biteye
11 StakeStone @Stake_Stone
Total financing: Undisclosed amount, invested by Binance Labs, OKX Ventures, Skyland Ventures, etc.
Introduction: Full-chain liquidity staking protocol, designed to provide native staking income and liquidity for Layer 2 networks. StakeStone's core product, STONE, is a liquid Ethereum ($ETH) with compatibility and stability. It manages STONE's underlying assets through the Optimized Portfolio and Allocation Proposal (OPAP) mechanism to ensure that any asset adjustments must be made public. Notifications, on-chain voting and final execution of smart contracts. To date, StakeStone has processed more than 200,000 staking and unstaking transactions, demonstrating its activity in the market and user base.
Participation method: Pledge on the official website to obtain points and income
Source: Biteye
12 Zircuit @ZircuitL2
Total financing: Undisclosed amount, invested by Binance Labs, Pantera Capital, Dragonfly, etc.
Introduction: A Layer 2 network based on Ethereum, using the zkRollup protocol, designed to provide faster, cheaper and more secure transactions. Its key features include compatibility with the Ethereum Virtual Machine (EVM), support for AI-driven sequencer-level security, and cutting-edge zero-knowledge performance. Zircuit's design concept is to enhance its security through parallel circuits and AI technology to provide users with a more efficient blockchain experience.
Participation method: Already issued coins, you can participate in the second season airdrop pledge activity
Source: Biteye
[Disclaimer] There are risks in the market, so investment needs to be cautious. This article does not constitute investment advice, and users should consider whether any opinions, views or conclusions contained in this article are appropriate for their particular circumstances. Invest accordingly and do so at your own risk.
This article is reproduced with permission from: (Shenchao TechFlow)
Original author: Biteye core contributor Viee
