Once upon a time, in a bustling city filled with dreams and opportunities, there was a young and curious individual named Megumi (Me). I am always been fascinated by the world of finance and technology, constantly seeking ways to learn and grow. Little did myself know that my life was about to change forever when I stumbled upon a platform called Binance.One sunny afternoon, I was browsing the internet, an advertisement caught my attention. It was all about Binance, a leading cryptocurrency exchange that promised to revolutionize the financial world. Intrigued, I decided to dive deep into the world of crypto and see what all the buzz was about.I began exploring Binance, I was amazed by the endless possibilities it offered. I quickly realized that cryptocurrency was not just a digital form of money, but a powerful tool that could potentially transform the way we conduct transactions and manage finances.With Binance as my guide, I embarked on a journey of knowledge and growth. I learned the ins and outs of different cryptocurrencies, studying their potential and understanding the technology behind them. I discovered that crypto offered a level of security, transparency, and efficiency that traditional financial systems couldn't match.As time went on, I started investing in various cryptocurrencies through Binance, carefully analyzing market trends and making informed decisions. I watched their investments grow steadily, gaining a newfound sense of financial independence and empowerment. Crypto became more than just a hobby; it became a part of my life, shaping my future in ways I never imagined.Through Binance, I also became part of a vibrant community that shared their passion for crypto. They connected with like-minded individuals from all around the world, exchanging ideas and insights. The community gave me a sense of belonging and support, as they collectively worked towards embracing the potential of cryptocurrencies.As the years passed, I witnessed the rise of crypto as a mainstream phenomenon. I saw businesses integrating cryptocurrencies into their operations, governments recognizing the value of blockchain technology, and individuals embracing the freedom and control that crypto offered. It was a thrilling time, and I was proud to be a part of this transformative movement.Thanks to the early encounter with Binance, My journey was filled with excitement, growth, and endless possibilities. I realized that crypto was not just about financial gains, but about being part of a movement that aimed to redefine the way we interact with money and finance.So, dear friend, remember that your journey with Binance and the world of crypto is not just about numbers on a screen; it's about being part of a revolution that empowers individuals like yourself to take control of their financial future. Happy exploring, and may your crypto journey be filled with prosperity and joy!#BinanceSquare #CryptoisBetter
Predict the H1 candle's closed price of io.net when $IO is listed on @Binance on June 11th to grabā¤µļø
š Prize: $100 USDT for 5 members who have the closet prediction in the comment section before the snapshot time will get the reward (maximum deviation percentage: 20%) š¤
Rulesā
1. Like & Share the post on Binance Square: click here
2. Share this post with your price prediction & your EVM address on Binance Square to receive the prize:
Curious about the potential of IO.NET?Ā Read this post and donāt miss your chance to invest in potentially one of the biggest AI projects in crypto!
#Iolaunchpool #BinanceLaunchpool
I. What is IO.NET? 1/ How does it work?Ā io.net offers a decentralized network of GPUs, providing scalable and affordable computing power for machine learning applications.Ā Users can access a vast pool of GPUs from various sources worldwide, making it easier and cheaper to run ML workloads compared to traditional cloud services.Ā Key benefits include lower costs, faster access, and high security, all while supporting global and sustainable computational resources 2/ What makes it so potential? Significant cost savings: The platform offers up to 90% cost savings compared to traditional cloud providers like AWS. This affordability makes it highly attractive for startups and organizations with substantial computational needs ļæ¼.Global GPU access: io.net provides GPU access across over 138 countries, ensuring a broad and diverse network of computational resources ļæ¼.Sustainable computing: Partnering with green-committed data centers, io.net offers sustainable GPU options, supporting environmental sustainability while providing powerful computing resources ļæ¼ ļæ¼.High security standards: io.net prioritizes security with compliance standards such as SOC2 and HIPAA, ensuring that usersā data and computations are protected to the highest standards ļæ¼.Credible backers: io.net raised $30M, led by Hack VC with the participation from multiple tier 1 ventures such as Multicoin Capital, Delphi Digital, Solana Ventures, Aptos,.... II. Launchpool & Token Use Cases
1/ Launchpool Information Token Name: IO.NET (IO)Launchpool Token Rewards: 20,000,000 IO (4% of max token supply)Initial Circulating Supply: 95,000,000 IO (19% of max token supply)Farming Period: 4 days, with farming starting from 2024-06-07 00:00 (UTC).Supported Pools: Stake BNB: 17,000,000 IO in rewards (85%) Stake FDUSD: 3,000,000 IO in rewards (15%)
2/ Token Use Cases Currency for payments: The $IO token is used to facilitate transactions for renting and using GPU resources within the io.net ecosystem. This includes payments by GPU renters and earnings for GPU owners.Staking and Rewards: Users can stake $IO tokens to secure the network and earn hourly rewards. These rewards are distributed following a disinflationary model, which decreases the reward rate over time to control inflation.Governance: Users can use $IO to participate in decision-making about the plan or the future of IO.NET through a voting mechanism. Donāt fade on IO.NET, participate in the launchpool now š Join IO.NET Launchpool Now Donāt have an account? Register & Trade Now to Get a 10% Fee Discount š Trade Now With a Permanent 10% Reduced Fee III. Launchpool & Token Use Cases
Based on the $1 billion FDV from the recent Series A funding round and comparing with similar projects like Render Network and Akash Network, the FDV for IO.NET could range from $2.5 billion to $4 billion. Therefore, the initial price could range between $5 to $8 per token.
Donāt fade on IO.NET, participate in the launchpool now š Join IO.NET Launchpool Now Donāt have an account? Register & Trade Now to Get a 10% Fee Discount š Trade Now With a Permanent 10% Reduced Fee IV. Our POV Factors for Success: Strong Community and User Base: Engaging the community through governance and incentive programs can drive long-term loyalty and participation ļæ¼. Technological Advancements: Continuous improvements and innovations in the platformās infrastructure and services can attract more users and suppliers ļæ¼. Strategic Partnerships: Forming partnerships with key players in the AI and blockchain industries can enhance the platformās credibility and market reach ļæ¼. Market Demand for AI Computing: The growing demand for AI and ML computing power can drive the adoption and utilization of IO.NETās decentralized GPU network ļæ¼.
Factors for Failure: Inadequate Demand: Failure to generate sufficient demand for GPU resources could lead to underutilization and reduced profitability ļæ¼. Technological Failures: Issues with network stability, security breaches, or technological shortcomings can undermine user trust and disrupt services ļæ¼. Market Competition: Strong competition from established cloud providers and other decentralized computing projects could limit IO.NETās market share and growth potential ļæ¼.
Donāt fade on IO.NET, participate in the launchpool now š Join IO.NET Launchpool Now Donāt have an account? Register & Trade Now to Get a 10% Fee Discount š Trade Now With a Permanent 10% Reduced Fee
Think you're a true #TRONICS ? Prove it for a chance to GRAB some TRX! š
Giving away 10,000 TRX to 20 lucky followers.
To enter: 1ļøā£ Follow me (@justinsuntron) on Binance Square 2ļøā£ Follow @trondao on Binance Square 3ļøā£ Fill out the form: https://forms.gle/eejMixqJvH6kHRdh6
Winners and prizes will be allocated on May 30th. Let's see who's part of the TRON Community. š
Notcoin - The 30 Million User Tap-to-Earn Community
#notcoin Spotlights
30M+ total players4.5M+ Daily Active UsersBinance - OKX - Bybit - Kucoin ListingPartnership with Wallet in Telegram,Ā #4 Largest Channel on Telegramā Telegram Premium users play Notcoin
If you want to earn a FREE $NOT token with no risks, Join Binance Launchpool https://launchpad.binance.com/en/?ref=KCLHB03N
Letās have a deep dive of $NOT Tokenomics, Predictionš
#NOTCOINLAUNCHPOOL
Overview Notcoin started as a viral Telegram game that onboarded many users into web3 through a tap-to-earn mining mechanic.
$NOT Token Use Cases $NOT is a community token,Ā
š¹Explore: users earn when discover web3 products š¹Play: users participate in new games and get moreĀ š¹Contribute: users earn by adding value to the ecosystem š¹Offer: web3 builders can offer their products to the community via Notcoin campaigns
$NOT Tokenomics
ā¢ Binance Launchpool : 3.00%Ā of the total token supply ā¢ Miners : 78.00%Ā of the total token supply ā¢ Ecosystem Fund : 9.00%Ā of the total token supply ā¢ Community Incentives : 5.00%Ā of the total token supply ā¢ Development : 5.00%Ā of the total token supply
Price Prediction $NOT Token Schedule releases 100% Total Supply as a community token or meme coin; therefore,
ā„If we compare $NOT with Gaming Project like Pixel, ApeCoin, and Illuvium, the $NOT price will be 0.0146 at a market cap of around $1.5B
ā„If we compare $NOT with community projects like $FLOKI, $BONK, and $WIF, the $NOT price will be 0.0175 at a market cap of around $1.8B
5/ Read More $NOT Details & Events
Earn $NOT in 3 Days on #BinanceLaunchPool , Free & Easy https://launchpad.binance.com/en/?ref=KCLHB03N
Notcoin x Wallet in Telegram https://twitter.com/wallet_tg/status/1789714315387224254
Notcoin on Binance Launchpool - Price Prediction & Growth Potential!
Curious about the potential of Notcoin? Read this post and donāt miss your chance to invest in one of the biggest stories of this year!
#NOTCOINLAUNCHPOOL
I. What is Notcoin? What is Notcoin? How does it work?Ā Notcoin ($NOT), a play-to-earn game and token integrated as a mini-app on Telegram, is trending on X amid major cryptocurrency exchanges preparing to list the token.People can access Notcoin by downloading and opening the Telegram messaging app. The clicker game lets you earn tokens by performing simple tasks and tapping on the coin icon. Each tap results in one Notcoin being added to your account. As you tap, your energy limit depletes. However, the energy limits will refill during times when youāre not tapping. Achievements: Rapid User Acquisition: The game experienced significant user growth, reaching 550,000 during its closed beta and referral phase. Within just 10 days of its official release, it skyrocketed to an impressive 6.3 million users, highlighting its rapid adoption rate.Massive User Base: Notcoin boasts a substantial user base of over 35 million players. Additionally, it's noteworthy that one in three Telegram Premium members actively engages with the game, indicating its widespread popularity within the TON ecosystem.
Launchpool & Token InformationĀ Ā
Token Name: Notcoin (NOT)Launchpool Token Rewards: 3,081,576,651 NOT (3%Ā of max token supply)Initial Circulating Supply: 102,719,221,714 NOT (100% of max token supply)Smart Contract Details: EQAvlWFDxGF2lXm67y4yzC17wYKD9A0guwPkMs1gOsM__NOTFarming Period: 2024-05-13 00:00 (UTC) to 2024-05-16 23:59 (UTC). (3 days)Supported Pools:Ā Stake $BNB: 2,619,340,153 NOT in rewards (85%)Ā Stake $FDUSD: 462,236,497 NOT in rewards (15%)
$NOT is a community token:
Explore: Users earn when discover web3 productsPlay: Users participate in new games and get moreĀ Contribute: Users earn by adding value to the ecosystemOffer: Web3 builders can offer their products to the community via Notcoin campaigns
Donāt fade on Notcoin, participate in the launchpool now š
Join NOTCOIN Launchpool Now
Donāt have an account? Register & Trade Now to Get a 10% Fee Discount šĀ Trade Now With a Permanent 10% Reduced Fee
III. Price Prediction & Our POV Price Prediction Total Supply: 102.7BOTC Price on Getgem: 0.0022$ ~ $230 Millions Market Cap
Considering all the information above, $NOT price could be around 0.002$ - 0.003$ at the listing ATH price and traded mostly around 0.004$ with market cap around $400M - $500M
Our POV Pros: Community Token: NOT is a community-driven token, which means it has a dedicated user base actively involved in its development and promotion. Limited Selling Pressure: The token rewards from Launchpool constitute only 3% of the total, leading to minimal selling pressure from Binance users. This could potentially stabilize the price. Demand for Staking: There's significant demand for purchasing NOT to stake and earn rewards. This demand could potentially drive up the value of the token.Large Holder Base: With over 35 million holders, NOT already has a considerable user base, indicating its popularity and potential for growth. Strong Community Engagement: Being one of the top 5 largest Telegram communities suggests a high level of community engagement and support, which is crucial for the success of any cryptocurrency project. Burn Mechanism: The burn mechanism can help reduce the token supply over time, potentially increasing its scarcity and value.
Cons: In-Game Token with No Max Supply: $NOT being an in-game token with no maximum supply could lead to concerns about inflationary pressures on the token's value over time. Without a cap on supply, there's a risk of dilution. Primarily Community-Driven: While community support can be a strength, relying too heavily on community sentiment and engagement could make the token more susceptible to volatility and manipulation.
Given these pros and cons, investing in NOT could be a high-risk, high-reward proposition. It's essential to carefully assess your risk tolerance and do thorough research before making any investment decisions. If you believe in the strength of the community, the potential for staking rewards, and the token's burn mechanism to mitigate supply concerns, NOT could be worth considering as part of a diversified investment portfolio. However, be mindful of the risks associated with its status as an in-game token and its lack of a maximum supply.
ā In our view, setting buy orders within the range of $0.0015 to $0.0002 (based on our price prediction) seems reasonable.Ā
Donāt fade on Notcoin, participate in the launchpool now š Join NOTCOIN Launchpool Now
Donāt have an account? Register & Trade Now to Get a 10% Fee Discount šĀ Trade Now With a Permanent 10% Reduced Fee
Predict the H1 candle's closed price of Notcoin when $NOT is listed on @Binance on May 16th to grabā¤µļø
š Prize: $100 USDT for 5 members who have the closet prediction in the comment section before the snapshot time will get the reward (maximum deviation percentage: 20%) š¤
Rulesā
1. Like & Share the post on Binance Square: click here
2. Share this post with your price prediction on Binance Square to receive the prize
Predict the H1 candle's closed price of Notcoin when $NOT is listed on @Binance on May 16th to grabā¤µļø
š Prize: $100 USDT for 5 members who have the closet prediction in the comment section before the snapshot time will get the reward (maximum deviation percentage: 20%) š¤
Rulesā
1. Like & Share the post on Binance Square: click here
2. Share this post with your price prediction on Binance Square to receive the prize
š¢ Bounce Bit ($BB) Price Prediction Contest - Coinwire
Predict the H1 candle's closed price of @BounceBit when $BB is listed on @Binance on May 13th to grabā¤µļø
š Prize: $100 USDT for 5 members who have the closet prediction in the comment section before the snapshot time will get the reward (maximum deviation percentage: 20%) š¤
Rulesā
1. Like & Share the post on Binance Square: click here
2. Share this post with your price prediction & your EVM wallet address on Binance Square to receive the prize:
A lot of people are doing BounceBit Megadrop Quest and they are NEW Binance Web3 Wallet users!
#bouncebit #Megadrop #BinanceWeb3Wallet Up to now, more than 14 thousand users have participated in the Bouncebit Megadrop Quest using their Binance Web3 Wallet and TVL has reached 9.7 million USD. The quest opened at 00:00 UTC on April 26, meaning those numbers were reached in just 10 hours (as of press time). So impressive!
The most notable thing here is that, according to TK Research, 60% of the total participants made their first transaction on the BNB chain through the Binance Web3 Wallet, which means that this campaign attracted many users to use the Web3 Wallet on Binance, which can be considered a success for both Bouncebit and Binance Web3 Wallet.
Dashboard link for further information (https://flipsidecrypto.xyz/tkvresearch/bouncebit-megadrop-binance-web3-quest-MTzoq3 )
What are you waiting for? Start creating your Binance Web3 Wallet and complete the quest NOW (cost you only 10$ maximum)Ā
Link: https://www.binance.com/en/megadrop?ref=KCLHB03NĀ How to participate?Ā
Create Binance Web3 Wallet: In Wallet -> Click on Web3 -> Create Wallet Back up with both icloud and QR code
Transfer BNB to Web3 Wallet (for gas) Buy BNB on Binance ExchangeIn Web3 Wallet -> TransferSelect withdrawal amount ($3 should be enough)Confirm
Transfer BTC to Web3 Wallet (Must use BEP20) Buy BTC on Binance ExchangeTransfer in Web3 Wallet ā Choose BTC in BEP20 NetworkSelect withdrawal amount (Must receive at least 0.0001 BTC)Confirm
Stake BTCB in Bouncebit In Web3 Wallet -> DiscoverSelect Bouncebit in Trending Dapps -> OpenConnect Wallet -> Stake only 0.0001 BTCB to get points. Stake more will NOT give you more points.If success -> Done
Stake BNB in Simple Earn In Binance Exchange -> MoreChoose Simple Earn -> Select LockedSelect BNB poolChoose any pool from 30D to 120D. More locking period gives more multiplier.Select BNB amount -> Confirm. Do not unstake before the event ends, it will lower your points.
What are you waiting for? Start creating your Binance Web3 Wallet and complete the quest NOW (cost you only 10$ maximum) š
Up to now, more than 14 thousand users have participated in the Bouncebit Megadrop Quest using their Binance Web3 Wallet and TVL has reached 9.7 million USD. The quest opened at 00:00 UTC on April 26, meaning those numbers were reached in just 10 hours (as of press time). So impressive!
The most notable thing here is that, according to TK Research, 60% of the total participants made their first transaction on the BNB chain through the Binance Web3 Wallet, which means that this campaign attracted many users to use the Web3 Wallet on Binance, which can be considered a success for both Bouncebit and Binance Web3 Wallet.
Dashboard link for further information (https://flipsidecrypto.xyz/tkvresearch/bouncebit-megadrop-binance-web3-quest-MTzoq3 )
What are you waiting for? Start creating your Binance Web3 Wallet and complete the quest NOW (cost you only 10$ maximum)Ā Link: https://www.binance.com/en/megadrop?ref=KCLHB03NĀ How to participate?Ā
Create Binance Web3 Wallet: In Wallet -> Click on Web3 -> Create WalletBack up with both icloud and QR code
Transfer BNB to Web3 Wallet (for gas) Buy BNB on Binance ExchangeIn Web3 Wallet -> TransferSelect withdrawal amount ($3 should be enough)Confirm
Transfer BTC to Web3 Wallet (Must use BEP20) Buy BTC on Binance ExchangeTransfer in Web3 Wallet ā Choose BTC in BEP20 NetworkSelect withdrawal amount (Must receive at least 0.0001 BTC)Confirm
Stake BTCB in Bouncebit In Web3 Wallet -> DiscoverSelect Bouncebit in Trending Dapps -> OpenConnect Wallet -> Stake only 0.0001 BTCB to get points. Stake more will NOT give you more points.If success -> Done
Stake BNB in Simple Earn In Binance Exchange -> MoreChoose Simple Earn -> Select LockedSelect BNB poolChoose any pool from 30D to 120D. More locking period gives more multiplier.Select BNB amount -> Confirm. Do not unstake before the event ends, it will lower your points.
What are you waiting for? Start creating your Binance Web3 Wallet and complete the quest NOW (cost you only 10$ maximum) š
Binance will list Renzo (REZ) at 20:00 (Eastern Time Zone 8) on April 30, 2024 Please leave a message on the quote post. There are 10 hours left before the prize draw
PS: The price is 1.7 in the off-market, I am numb
I still think the reasonable price is around 0.4-0.5, and 0.8-1 is very high
I donāt know if there will be any surprises. The next issue of Golden Shovel will be held on May 1st as usual
Renzo - a Strategy Manager and Liquid Restaking Token (LRT) for EigenLayer
š„ Renzo Protocol Spotlights $3.3B Total Value Locked833M EigenLayer Points33.5% Restaking Market ShareTop 10 DeFi protocol by TVL7 Networks250k+ active community members
What is the next for $REZ?
š¹ Firstly, Farming Free $REZ on Binance Launchpool, Donāt miss itš https://launchpad.binance.com/en/launchpool/REZ_FDUSD?ref=KCLHB03N
š¹ Secondly, Take a deep dive into LRT & Renzo Ecosystem A thread: š§µš½
1/ Renzo Protocol Overview Renzo is built to promote the widespread adoption of Eigenlayer.Ā It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking. The protocol abstracts all complexity from the end-user and enables easy collaboration between them and EigenLayer node operators.
2.1/ $REZ Utility REZ will be used to vote on governance proposals on matters regarding the Renzo protocol, some of which will be key measures to the operations of the protocol, such as:
General risk management frameworks Deposit & collateral asset & concentration amounts Operator whitelisting Actively Validated Services (AVS) whitelisting Treasury and community grants
2.2/ Price Prediction
The total supply of $REZ is 10,000,000,000 and the circulating supply upon listing will be 1,050,000,000 (~10.50% of the total token supply.)
š¹ Compared with the most recent EtherFi fundraising, Renzo's seed round valuation of around $25M in Jan 2024 is not too impressive.
š¹However, Renzo TVL reached $3.33B ( EtherFi at $3.82B)
Besides, Renzo supports 7 Networks including ETH - ARB - BNB- MODE - BLAST - Linea - BASEĀ with 250k+ active community members
š¹ $REZ is now OTC traded at 0.12$ on Whales Market with a market cap of $126M, but I think it could reach $0.2 - $0.25 at the listing due to the hype of restaking narrative on Binance.Ā
3/ Key DeFi Integrations
Renzo Protocol has integrated with notable DeFi Dapps including Morpho, Balancer, Curve, Pendle, Gearbox, and Compound.
Besides, Renzoās ezETH integration with Chainlink allows for new DeFi integrations that require Chainlink price feeds, including Compound Finance.
After reviewing various Oraclere solutions, Renzo integrated Chainlink Price Feeds because they provide a multitude of critical features such as: High-Quality DataSecure Node OperatorsDecentralized NetworkReputation System
4/ $REZ is Now Live on Binance Launchpool Binance users and the community can now Earn $REZ by easily staking $FDUSD and $BNB from April 24th to 29th.
85% of $REZ rewards are distributed to the $BNB PoolĀ 15% of $REZ rewards are distributed to the $FDUSD pool
Seize the huge opportunity to earn FREE $REZ now https://launchpad.binance.com/en/launchpool/REZ_FDUSD?ref=KCLHB03N
5/ How to Earn 2x - 3x ezPoints on DEX LP
For EigenLayer Restaking points, the pool can only accumulate 1 point per hour per ezETH in the pool. This will get redistributed pro-rata to the LPs.
For Renzo ezPoints, LPs receive 2x the value in the pool per hour. The pool will accumulate 2 points per ezETH or wETH per hour held in the pool. This will get redistributed pro-rata to the LPs.Ā 5.1/ 3x ezPoints Boost on selected DEX LP!
Users who supply liquidity between April 20th-27th, 9PM UTC on the following DEXs will receive 3x ezPoints:
ā¢ Aura ā¢ Balancer ETH ā¢ Balancer ARB ā¢ Kim Mode ā¢ Nile Linea ā¢ Thruster BLAST ā¢ Juice v3 ā¢ Pendle ETH (new pools) ā¢ Pendle BNB (new pools)
Find more pools https://docs.renzoprotocol.com/docs/integrations/defi
Renzo on Binance Launchpool - Price Prediction & Growth Potential!
Another week, another Launchpool and another Restaking project is listed on Binance Launchpool!
With just under 2 minutes, read this post to understand Renzo Protocol and its huge potential in Restaking Narrative - the potentially hottest trend of the year!
I. Renzo Protocol Overview How does it work?Ā Renzo's restaking protocol is designed to offer users access to the EigenLayer ecosystem across various networks including Ethereum, Arbitrum, Linea, Mode, Base, BNB, and OKX L2 chains. This would enable users a chance to skin and have activity on new blockchain for potential airdrop.Ā
Functioning as a liquid staking protocol, Renzo enables users to receive ezETH - Renzo liquid staking tokens by staking ETH on its platform. The APR for staking ETH can be monitored through the growth of ezETH tokens. Initially, the exchange ratio is 1:1, but it appreciates over time based on the platform's promised APR.Ā
Unlike its counterparts, the value appreciation of ezETH tokens is supported not only by rewards from native staking on Ethereum but also from restaking on EigenLayer, potentially leading to higher returns for users. Additionally, the token can be utilized to earn extra APR by providing liquidity into DeFi LP and lending protocols, akin to other ETH staking protocols.
Achievements: $3.3B in Total Value Locked833M EigenLayer Points33.5% Restaking Market ShareTop 10 DeFi protocol by TVL7 Supported Networks250k+ active community members
Fundraising Renzo raised $3.2M in Seed round at the valuation of $25M, led by Maven 11 Capital and participated by OKX Ventures, IOSG, BitScale,....Most recently, Binance Labs invested in Renzo with an disclosed round and raised amount. II. Launchpool & Token InformationĀ Ā
Token Name: Renzo (REZ)Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max token supply)Smart Contract Details: EthereumFarming Period: 2024-04-24 00:00 (UTC) to 2024-04-29 23:59 (UTC).Supported Pools:Ā Stake $BNB: 212,500,000 REZ in rewards (85%)Ā Stake $FDUSD: 37,500,000 REZ in rewards(15%)
$REZ Utility:
REZ will be used to vote on governance proposals on matters regarding the Renzo protocol, some of which will be key measures to the operations of the protocol, such as: General risk management frameworksDeposits, collateral assets, and concentration amountsOperator whitelistingActively Validated Services (AVS) whitelistingTreasury and community grant Donāt fade on Renzo, start farming your $REZ now š Join REZ Launchpool Now
Donāt have an account? Register & Trade Now to Get a 10% Fee Discount šĀ Trade Now With a Permanent 10% Reduced Fee
III. Price Prediction & Our POV
Price Prediction
Make a comparison with recent Restaking Project - ETHFI and consider OTC price on Whales Market, we believe $REZ price could be around $0.38 at the listing ATH price and traded mostly around $0.28 - $0.38 with market cap around $280M - $380M Our POV Pros:Ā Restaking Narrative - one of the hottest trend this yearĀ Ability to attract a huge amount of potential users and money with 7+ supported network, including chains that haven't released tokens.Strong backing from Tier-1 investorsLow annual token inflation rate in the first year of the token release (4.5%).
Cons:Ā High annual token inflation rate in the second year after release (45%)Possibility of ezETH depeg In our POV, the sell force at the listing date won't be so high due to the long cliff in token allocation of foundation, team and investors. Moreover, for the airdrop distribution, the largest wallets holding greater than 500k ezPoints will be subject to a 50% unlock at TGE and 50% linear vesting over 3 months. Our advice is patiently waiting until the majority of the airdrop tokens are claimed then we can start buying $REZ at the price range of $0.15 - $0.25 and waiting for the Restaking narrative to explode.
Donāt fade on Renzo, start farming your $REZ now š Join REZ Launchpool Now
Donāt have an account? Register & Trade Now to Get a 10% Fee Discount šĀ Trade Now With a Permanent 10% Reduced Fee
Renzo on Binance Launchpool - Price Prediction & Growth Potential!
Another week, another Launchpool and another Restaking project is listed on Binance Launchpool!
With just under 2 minutes, read this post to understand Renzo Protocol and its huge potential in Restaking Narrative - the potentially hottest trend of the year!
I. Renzo Protocol Overview How does it work?Ā Renzo's restaking protocol is designed to offer users access to the EigenLayer ecosystem across various networks including Ethereum, Arbitrum, Linea, Mode, Base, BNB, and OKX L2 chains. This would enable users a chance to skin and have activity on new blockchain for potential airdrop.Ā
Functioning as a liquid staking protocol, Renzo enables users to receive ezETH - Renzo liquid staking tokens by staking ETH on its platform. The APR for staking ETH can be monitored through the growth of ezETH tokens. Initially, the exchange ratio is 1:1, but it appreciates over time based on the platform's promised APR.Ā
Unlike its counterparts, the value appreciation of ezETH tokens is supported not only by rewards from native staking on Ethereum but also from restaking on EigenLayer, potentially leading to higher returns for users. Additionally, the token can be utilized to earn extra APR by providing liquidity into DeFi LP and lending protocols, akin to other ETH staking protocols.
Achievements: $3.3B in Total Value Locked833M EigenLayer Points33.5% Restaking Market ShareTop 10 DeFi protocol by TVL7 Supported Networks250k+ active community members
Fundraising Renzo raised $3.2M in Seed round at the valuation of $25M, led by Maven 11 Capital and participated by OKX Ventures, IOSG, BitScale,....Most recently, Binance Labs invested in Renzo with an disclosed round and raised amount. II. Launchpool & Token InformationĀ Ā
Token Name: Renzo (REZ)Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max token supply)Smart Contract Details: EthereumFarming Period: 2024-04-24 00:00 (UTC) to 2024-04-29 23:59 (UTC).Supported Pools:Ā Stake $BNB: 212,500,000 REZ in rewards (85%)Ā Stake $FDUSD: 37,500,000 REZ in rewards(15%)
$REZ Utility:
REZ will be used to vote on governance proposals on matters regarding the Renzo protocol, some of which will be key measures to the operations of the protocol, such as: General risk management frameworksDeposits, collateral assets, and concentration amountsOperator whitelistingActively Validated Services (AVS) whitelistingTreasury and community grant Donāt fade on Renzo, start farming your $REZ now š Join REZ Launchpool Now
Donāt have an account? Register & Trade Now to Get a 10% Fee Discount šĀ Trade Now With a Permanent 10% Reduced Fee
III. Price Prediction & Our POV
Price Prediction
Make a comparison with recent Restaking Project - ETHFI and consider OTC price on Whales Market, we believe $REZ price could be around $0.38 at the listing ATH price and traded mostly around $0.28 - $0.38 with market cap around $280M - $380M Our POV Pros:Ā Restaking Narrative - one of the hottest trend this yearĀ Ability to attract a huge amount of potential users and money with 7+ supported network, including chains that haven't released tokens.Strong backing from Tier-1 investorsLow annual token inflation rate in the first year of the token release (4.5%).
Cons:Ā High annual token inflation rate in the second year after release (45%)Possibility of ezETH depeg In our POV, the sell force at the listing date won't be so high due to the long cliff in token allocation of foundation, team and investors. Moreover, for the airdrop distribution, the largest wallets holding greater than 500k ezPoints will be subject to a 50% unlock at TGE and 50% linear vesting over 3 months. Our advice is patiently waiting until the majority of the airdrop tokens are claimed then we can start buying $REZ at the price range of $0.15 - $0.25 and waiting for the Restaking narrative to explode.
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Omni Network - Layer 1 Blockchain Built To Connect All Rollups
š¹Spotlights of #OMNI Network
- Omni closed an $18M round from Pantera Capital, Jump Trading, Hashed Fund, The Spartan Group - Total number of transactions processed: 7.5M+ - Total Unique Users: 450K+ - 34 Ecosystem Project - Omni became the first AVS with >$1B of economic security from top LRTs, incl. Ether.fi, KelpDAO, and Swell.
š¹Stake your $BNB and $FDUSD to farm $OMNI tokens. Join OMNI Launch Pool Now!
#OMNILAUNCHPOOL
1/ OMNI Network Overview Omniās mission is to return Ethereum to its role as a single, unified operating system for decentralized applications. Using Omni, developers can program across multiple Ethereum rollups as if they were working in a single state machine.Ā Applications built with the Omni EVM can exist across all Ethereum rollups by default, allowing developers to integrate all of Ethereumās liquidity and users into their applications. 2/ $OMNI Tokenomics - Price Prediction OMNI has a maximum supply of 100,000,000 OMNI. The tokenās initial circulating supply after the Binance listing will be 10,391,492 OMNI, equivalent to 10.39% of its maximum supply. ā¢ Binance Launchpool: 3.50% ā¢ Ecosystem fund: 9.5% ā¢ Team Foundation: 25.25% ā¢ Private Investors: 20.06% ā¢ Community Fund: 12.67% ā¢ Public Offering: 5.77% ā¢ Consultants: 3.25%.
$OMNI Price Prediction The initial supply will be 10,391,492 OMNI.Ā The market cap with a private round entry is around $15 million; Binance Launchpool normally brings 10xā15x; and the recent Launchpool projectsā market cap is around $300M - $500M. In conclusion, the $OMNI price will be around $20 - $25 with a $225ā$400 million initial market cap.
3/ Current Roadmap š¹Q2 2024:Ā ā¢ Mainnet launch. ā¢ Liquid Restaking Protocol and EigenLayer operator onboarding. ā¢ Token Generation Event. ā¢ Onboarding the first of the $11B+ commits to deploy xERC20 secured by Omni. Read more of Q3 and Q4 https://www.binance.com/en/research/projects/omni 4/ Business Development Progress š¹Ethereum L2s Examples: Arbitrum, Optimism, Polygon, Linea, Scroll, zkSync, Mantle, Metis, Base, etc š¹Liquid Restaking Protocols:Ā EtherFi, Renzo, Puffer, Swell, Kelp, EigenPie, Bedrock, etc. š¹EigenLayerĀ š¹Roll Ups-as-a-Service Providers Examples: Conduit, Caldera, Ankr, AltLayer. š¹Infrastructure Partners Examples: a41, Galaxy, Blockdaemon, Kiln, Ankr, etc. 5/ To read more details of Omni Network (OMNI) Please visitĀ https://www.binance.com/en/research/projects/omni
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