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About Lido DAO (LDO) Lido DAO is a liquid staking protocol built on the Ethereum network that enables ETH staked for ETH2 during the initial phase of the Merge to be staked in other protocols. This is a significant use case because, since the proof-of-stake (PoS) Beacon Chain launched in December 2020, any ETH staked on Ethereum had been locked and unavailable for use outside of its staked position. With the help of its network cryptocurrency, LDO, Lido DAO enables staked Ethereum to be reflected as stETH, thereby allowing its liquidity to be staked in other protocols. Post the Ethereum Merge of 2023, Lido continues to pool user ETH into validator nodes, allowing anyone to participate in staking regardless of their individual ETH holdings. LDO is used as a network governance token on the Lido platform. The LDO token is the key to Lido DAO's governance and its value is tied to the success of the platform. LDO holders can vote on proposals that affect how Lido DAO operates, such as fees, adding new staking assets, and choosing node operators. A portion of the fees Lido charges on staking rewards is used to buy back and burn LDO tokens. This can increase the value of LDO over time as supply decreases. LDO is also used to incentivized various participants like protocol developers, node operators, and users to contribute to its growth. LDO price is updated and available in real time on Binance. #LDO $LDO
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About SingularityNET (AGIX) SingularityNET is a blockchain-based platform that purports to enable individuals with the opportunity to create, share and monetize AI services easily. The SingularityNET platform creates an environment that enables participants worldwide to engage in its digitally accessible AI marketplace. The platform is promoted as an open-source network enabling individuals to browse, test and purchase AI services. This positions SingularityNET as a potential resource for developers looking to publish and offer AI services to customers who are actively looking for them. All purchases are made using the SingularityNET native cryptocurrency token. SingularityNET started exclusively as an ERC-20 token, deployed on the Ethereum blockchain network. Today, SingularityNET exists on Ethereum and the Cardano blockchain. The SingularityNET digital token is known by its token ticker $AGIX. SingularityNET price is updated and available in real-time on Binance. #AGİX
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Bella Protocol is a decentralized financial product suite with a lending protocol, automated yield farming tools, a customizable Robo-Advisor, a savings account, and other features. One of Bella Protocol's flagship products is Flex Savings v2, a smart pool that directs funds to DeFi protocols that purportedly competitive yields. Bella Protocol claims that Flex Savings v2 is much like a hedge fund but decentralized, transparent, and allegedly risk-adjusted. To use Flex Savings v2, users can deposit supported tokens and stablecoins into the program. The smart contract then allocates the capital to various mining pools using several investment strategies. Bella's Robo-Advisor generates customized portfolios of indexes, profitable stablecoins, and other crypto assets based on the user's exposure. Bella Protocol investors include Binance, Arrington Capital, Alphabot, Ledger Capital, and more. Partners of the project include Travala.com, Tidal, SOLV Protocol, and other notable projects and organizations. #BEL $BEL
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Convex Finance is a decentralized finance (DeFi) protocol built to enhance rewards for holders of staked Curve Finance tokens (CRV). The platform was launched in May 2021 and reportedly acquired over $1 billion in the two weeks following its inception. Convex Finance was designed to fill the gap for CRV token holders who did not meet the criteria required to enjoy the 2.5x rewards boost offered to tiered investors in exchange for liquidity locked on the Curve.fi platform. Holders of staked tokens on the platform receive Vote-Escrowed CRV (veCRV) tokens, which are governance tokens needed to vote on proposed developments to the network. CRV holders must lock and stake their tokens to receive veCRV tokens that allow them to participate in the governance system. CRV can be locked for this purpose for up to four years, and CRV holders receive veCRV on a 1:1 basis for each CRV they stake. Convex Finance enhances this rewards system by making the rewards available to all holders of staked CRV. Those who would otherwise not hold enough staked CRV are able to receive the Curve Finance rewards boost by investing in liquidity pools available on the Convex Finance platform. #CVX
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