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Binance will tentatively list Jupiter (JUP) at 23:30 on January 31, 2024 (Eastern District Time), and will open the following spot transactions for Jupiter (JUP) Jupiter is a DeFi protocol on the Solana ecosystem, providing aggregate trading, limit order trading, fixed investment tools, cross-chain protocol comparison tools, and perpetual contract trading. #JUP #Write2Earn #Solana

Binance will tentatively list Jupiter (JUP) at 23:30 on January 31, 2024 (Eastern District Time), and will open the following spot transactions for Jupiter (JUP)

Jupiter is a DeFi protocol on the Solana ecosystem, providing aggregate trading, limit order trading, fixed investment tools, cross-chain protocol comparison tools, and perpetual contract trading.

#JUP #Write2Earn #Solana

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⛏️ Introducing Renzo (REZ) on Binance Launchpool Renzo is a protocol that simplifies staking complexity for users and facilitates seamless collaboration with EigenLayer node operators and Validated Services (AVSs). ezETH is Renzo's liquid restaking token that provides users with exposure to restaking while retaining liquidity. 💰 Native Utility & Governance Token - $REZ $REZ will be utilized for voting on governance proposals concerning matters related to the Renzo protocol, including critical operational measures. 📊 Token Metrics - Token type: ERC-20 - Total Supply: 10,000,000,000 - Initial circulating supply: 1,050,000,000 (10.50%) - Binance Launchpool Allocation: 250,000,000 (2.50%) 👀 Key Highlight After restaking ETH, there can be an issue of liquidity being locked up. Renzo's solution is to use a derivative token called ezETH to unlock liquidity from restaked ETH. As the number of EigenLayer Validated Services (AVS) increases, different validation configuration strategies will offer varying returns and risks. Renzo can leverage its algorithm to dynamically balance returns and risks in real-time, replacing the need for users to make complex configuration choices and assisting them in achieving stable, high returns. 🔭Price Prediction Based on previous BNB Launchpools, and assuming an APR of 90% for this mining period duration of 6 days, the token price is projected to be 0.8 USDT. With a conservative estimate derived from a minimum yield rate of 70%, the price is estimated to be approximately 0.6 USDT. However, considering the average market capitalization of Binance Launchpool projects to be in the range of 400M to 500M, the floor price is anticipated to reach 0.5 USDT. ⚠️ Binance will be the first platform to list the token. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds. #BinanceLaunchpool #priceprediction #RENZO #Megadrop
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⛏️ Introducing Saga(SAGA) on Binance Launchpool Saga is a Layer 1 protocol enabling developers to effortlessly create VM-agnostic, parallelized, and interoperable dedicated chains known as "Chainlets." These Chainlets offer applications infinite horizontal scalability. Saga enables developers to initiate Chainlets with just a click, utilizing automated CI/CD deployment pipelines standardized across any type of blockchain virtual machine, leveraging shared security and state-of-the-art validator orchestration. 💰 Native Token - $SAGA 🔧 Token Utility - Chainlet Activation Fee: Developers remit $SAGA to network validators for initiating and maintaining their Chainlets. - Participatory Governance: Users can partake in voting for network governance matters. - Staking Incentives: By contributing to network security, participants earn rewards in $SAGA and tokens from projects utilizing the Saga protocol. 📊 Token Metrics - Token type: Native Cosmos token - Total Supply: 1,000,000,000 - Initial circulating supply: 90,000,000 - Binance Launchpool Allocation: 45,000,000 👀 Chainlets Features - Cost-Efficient Transactions & Predictable Chain Fees - Interoperability & Rapid Bridging - Highly Customizable Stack - Infinite Horizontal Scalability - Automation 🔭Price Prediction Based on previous BNB Launchpools, and assuming an APR of 90% for this mining period duration of 4 days, the token price is projected to exceed 2 USDT. With a conservative estimate derived from a minimum yield rate of 70%, the floor price is estimated to be approximately 1.5 USDT. However, considering the average market capitalization of Binance Launchpool projects to be in the range of 400M to 500M, the token price is anticipated to reach 5 USDT. ⚠️ Binance will be the first platform to list the token. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds. #Launchpool #SAGALAUNCHPOOL #priceprediction #Cosmos
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⛏️ Introducing Ethena (ENA) on Binance Launchpool Ethena is a groundbreaking protocol on Ethereum designed to offer a crypto-centric alternative to traditional banking systems. It aims to provide a universally accessible savings instrument denominated in dollars, known as the 'Internet Bond', thereby enabling financial independence within the crypto sphere. 💰 Native Token - $ENA 📊 Token Metrics - Token type: ERC-20 - Total Supply: 15,000,000,000 - Initial circulating supply: 1,425,000,000  - Binance Launchpool Allocation: 300,000,000 🔎 Protocol Introduction Ethena is an open hedge fund offering a 1.3 billion USDe, utilizing liquidity-backed ETH as collateral to short an equal amount of ETH, thus establishing a portfolio with a delta of 0. Ensuring that the net value of assets held by Ethena remains stable despite fluctuations in the underlying asset values. Simultaneously, it generates revenue from financing against the ETH collateral and the short position. Since pledged ETH can be perfectly hedged with an equal nominal value of short positions, USDe can be minted with a 1:1 collateral ratio, ensuring that Ethena achieves capital efficiency comparable to stablecoins backed by USD assets (such as USDC and USDT). Furthermore, it avoids reliance on assets sourced from traditional financial markets. 👀 Advantages & Risks Advantages 1. Scalability 2. Stability 3. Resistance to censorship Risks 1. Decoupling Risk from Collateral 2. Financing Rate Risk 3. Counterparty Risk 4. Integrity Risk 🔭Price Prediction Based on previous Binance Launchpool, where the average annualized return was 120%. Calculating for a 3-day mining period, the price of ENA token would be 0.42 USDT. The minimum guaranteed price would be nearly 0.18 USDT. With a total token supply of 15 billion tokens, when the price reaches 0.45 USDT, the Fully Diluted Valuation (FDV) would be 6.75 billion USD. However, the current pre-market trading on Aevo with a higher price of around 0.65 USDT. #Launchpool #ethena #ENA #priceprediction #BinanceLaunchpool
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⛏️ Introducing ether.fi ($ETHFI) on Binance Launchpool ether.fi is a non-custodial liquid restaking protocol for Ethereum. With ether.fi, users retain control of their keys while participating in staking. By harnessing Eigenlayer technology, deposited ETH is seamlessly restaked, fortifying external systems like rollups and oracles. This innovative approach not only enhances security but also amplifies yield for ETH stakers. 💰 Native Token - $ETHFI 🔧 Token Utility - Protocol Governance - ether.fi treasury - Protocol upgrade  - Protocol fees & distribution 📊 Token Metrics - Token type: ERC-20 - Total Supply: 1,000,000,000 - Initial circulating supply: 115,200,000 - Binance Launchpool Allocation: 20,000,000 🔎 Protocol Features 1. Delegated Staking - Node Operator Bidding  - Deposit and Auction Mechanism - Encryption of Validator Key - Validator Launch - Exit Command and Recovery - Slashing Insurance and Responsibility - Monitoring Validator Performance 2. Liquidity Pool & eETH  - Minting and burning eETH - Bond-holders and minting new T-NFTs and B-NFTs - Exiting validators 3. Node Service - Enrolling nodes into services - ether.fi Node client - Billing 🗺️ Roadmap - Delegated staking with self-custody of keys ✅ - Solo node operators integration phase 1 ✅ - DVT integration phase 1 ✅ - Permissionless minting and redemptions of eETH✅ - DVT integration phase 2 ✅ - DAO Governance & TGE 🔥 - Contracts ossification 🔭Price Prediction Based on previous BNB pools, the average annualized return rate for the past eight launchpools is 135%. Assuming that the annualized return rate for this mining period is also 135%, and considering a mining duration of 4 days, the token price would be above $8 USDT. Using a conservative estimate based on minimum yield rate of 70%, the floor price would be nearly $4.60 USDT. ⚠️ Binance will be the first platform to list the token. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds. #Launchpool #ETHFI #priceprediction #HotTrends
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