The Xai Foundation, a core contributor to the gaming-centric blockchain network, Xai, announced the upcoming launch of the highly-anticipated premiere gaming activation, Xai Vanguard: Genesis. It will run till November, the Vanguard campaign will feature a full suite of new game releases, quests, achievements, and rewards for the Xai community.
Xai Vanguard: Genesis is the next major milestone on the Xai roadmap and succeeds the Xai Odyssey campaign which saw record-breaking results in the blockchain space including 500K+ connected wallets, 5M daily transactions and a total of $175 million in player rewards distributed. While Xai Odyssey was conducted entirely on the Xai testnet, the launch of Xai Vanguard marks the first campaign on the Xai mainnet.
This ecosystem-wide event will feature dozens of participating partners and bring forth a full roadmap of games, including Crypto Unicorns, Final Form, Lost Glitches and more that are set to be announced throughout the campaign. The campaign rewards players for achievements in games as they battle for the top spot on the Xai Vanguard: Genesis leaderboard. Additionally, the first month of the campaign will also feature quests from other blockchain technology partners that open new avenues for players to score points.
In line with its commitment to full ecosystem expansion, the Xai Vanguard: Genesis campaign introduces rewards for the developer community as well. Developers and studios will be able to participate in a series of builder quests to score points on the Xai Vanguard: Genesis leaderboard and earn their own series of rewards. Many of these quests feature the recently announced Xai Builder powered by Sequence to seamlessly onboard new applications to the Xai blockchain.
In my opinion The launch of Xai Vanguard: Genesis marks a significant milestone for the Xai ecosystem!
By bringing together a diverse range of game partners and leveraging our robust infrastructure, we create an unparalleled gaming experience that will drive innovation and engagement in the blockchain gaming space. We are excited to see the creativity and passion of our community unfold.
Leveraging its Sentry Node Network of 6000+ whales and Vanguard Network of 600,000 gamers, Xai drives massive and immediate distribution to deployed web3 games. Gamers and developers are given a simple and seamless onboarding experience, offering support by Xai Foundation, Offchain Labs, Ex Populus, Thirdweb, Sequence and other key Xai contributors.
About Xai Foundation
The primary objective of the Xai Foundation is to foster the growth of developers and games within the Xai AI blockchain ecosystem. This encompasses attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated token, the Xai Foundation plays a pivotal role in supporting the integrity of the platform.
About Xai Games
Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology.
$XAI #XaiVanguardGenesis

Binance announce the 2nd project on Binance Megadrop - Lista (LISTA), a liquid staking and decentralized stablecoin protocol. Users can start participating in the Lista Megadrop from 2024-05-30 00:00:00 (UTC).
Binance will then list Lista (LISTA) at 2024-06-20 10:00 (UTC) and open trading with LISTA/BTC, LISTA/USDT, LISTA/BNB, LISTA/FDUSD, and LISTA/TRY trading pairs. The Seed Tag will be applied to LISTA. Read about Lista (LISTA) in our research report.
Lista Megadrop period
2024-05-30 00:00:00 (UTC) to 2024-06-19 23:59:59 (UTC)
BNB Locked Products Snapshot Period: To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before 2024-05-30 00:00:00 (UTC), as hourly snapshots of users’ subscription amounts will be taken during this period. For more information on BNB Locked Products, refer to the FAQ.
Web3 Quest Period: Users may complete Web3 Quest(s) during the Quest Period. Web3 Quest 1: “Stake 0.01 BNB in the ListaDAO DApp” (Tutorial)
2024-06-20 06:00:00 (UTC)
Rewards Distribution: Users may view their Megadrop rewards in Binance Spot Wallet.
Lista Megadrop details
👉Token name: Lista (LISTA)
👉Max token supply: 1,000,000,000 LISTA
👉Megadrop token rewards: 100,000,000 LISTA (10% of max. token supply)
👉Initial circulating supply: 230,000,000 LISTA (23% of max. token supply)
👉Hard Cap per user: 800,000 LISTA
Rewards Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score (based on hourly snapshots during the BNB Locked Products Snapshot Period) = (Average 120-day BNB Locked Amount * 130) + (Average 90-day BNB Locked Amount * 120) + (Average 60-day BNB Locked Amount * 110) + (Average 30-day BNB Locked Amount * 100)
Web3 Quest Multiplier: 1.5
Web3 Quest Bonus: 1,000
Guide to joining Lista Megadrop
To participate in Megadrop, users need to lock BNB tokens in Binance Simple Earn and/or complete Web3 Quests on Binance Web3 Wallet. Binance notes that registration for BNB Locked Products is not mandatory. Users can participate in Megadrop without registering for any BNB Locked Products. However, when participating in BNB Locked Products, users can optimize their rewards.
When registering for BNB Locked Products, users receive different points based on the registration time. The longer the duration, the higher the BNB points. Participants should choose a 120-day period to receive an APR of up to 1.69%. Additionally, users can receive both Megadrop rewards and launchpool simultaneously (if available).
Locking BNB Locked Products
👉Access the Binance app on your phone, select More, then choose Megadrop.

👉Review the list of Web3 projects launched and select Lista.
👉After accessing the detailed information page, carefully read the project's requirements and rules.
👉Scroll down to the Lock BNB section.
👉Register for locking BNB according to the suitable term.

Completing Web3 Quests
Users need to:
Have a Binance Web3 Wallet account. Note that only backup wallets created within the new Binance Web3 wallet are eligible to participate in Megadrop; external wallets (such as Metamask) are not counted.
Prepare BNB to cover gas fees within the Binance Web3 Wallet.
The steps are as follows:
👉Log in to the Binance app and go to "Exchange."
👉Switch to the "Web3" tab.

👉On the wallet's main screen, select "Transfer."
👉Choose BNB and the "BNB Chain (BEP20)" network.
👉Select the amount of BNB to transfer and click "Transfer."

Note: To be eligible for campaign participation, a minimum of 0.01 BNB is required for staking liquidity into slisBNB.
Once the wallet receives the funds, users need to convert BNB to slisBNB on the Lista DAO.
👉Go to the "Discover" section and search for "Lista DAO."

👉Connect the Binance Web3 wallet and click "Stake."
👉Enter the quantity of 0.01 BNB.

👉Confirm the transaction and wait for the successful staking notification.
👉After receiving the completion notification, switch to your web3 wallet
👉Select Lista DAO in the Megadrop section.
👉Scroll down to the Web3 Quest section and click "Start Now."
👉Wait for the system to connect, then click "Verify" to confirm completion
What is Lista DAO?
Lista DAO is a DeFi platform providing staking, liquidity staking, safe stablecoin lending solutions, simple, and license-free. The goal of Lista DAO is to become the most widely used protocol by leveraging Proof-of-Stake (PoS) rewards and profit-generating assets.
Lista DAO operates as an open-source liquidity protocol, earning profits from collateralized crypto assets (BNB, ETH, stablecoins, etc.). The project utilizes and expands the MakerDAO model proven for lisUSD - referred to as decentralized, unbiased destablecoin, supported by collateral assets.
LISTA is a utility and governance token widely used on Lista DAO. It is a means of safe exchange and payment among participants on Lista DAO in a decentralized, third-party-independent manner. Users can receive LISTA by participating and interacting with the protocol such as depositing funds, staking, trading, and/or governance participation.
The project notes that LISTA does not represent any equity, ownership, participation, ownership rights, or interests in Lista DAO. The platform does not offer any promises regarding fees, dividends, revenue, profits, or investment returns and is not intended to constitute securities in relevant jurisdictions.
#ListaMegadrop #Megadrop

Hey Folks, Lista Dao is the 2nd Project on Binance Megadrop. Let's dive in what's exactly Lista Dao and how to get maximum Rewards from the Megadrop Campaign!
EVERYTHING YOU NEED TO KNOW ABOUT LISTA DAO!
Lista DAO is a BNB liquid staking protocol and decentralized stablecoin platform that enables users to stake their BNB in exchange for the LS token slisBNB. The slisBNB, along with other LSTs, can not only be used in the LPs of various DeFi applications but also as collateral for borrowing the lisUSD stablecoin by providing LSTs as collateral on its platform.
It is powered by the native $LISTA governance token, designed to serve as a main criteria for granting access to the DAO votings.
The platform’s contribution to the BNB chain network ecosystem was recognized by Binance Labs, which invested over $10M into the project on August 11th, 2023.
Lista DAO, previously known as Helio protocol, is a BNB liquid staking protocol and decentralized stablecoin, which allows users to earn yield from BNB staking in exchange for the slisBNB token. The slisBNB token is a liquid staking token of the Lista DAO protocol, which can be used in other DeFi LPs across the BNB chain network to earn additional APR, as well as may be used as collateral for lending lisUSD, Lista’s decentralized stablecoin.
The minting mechanism of the Lista stablecoin is quite similar to that of MakerDAO’s, but unlike the MakerDAO platform, Lista protocol enables depositing collaterals in the form of LSTs such as slisBNB, WBETH, ezETH, and others. This provides the BNB chain with an additional level of liquidity while adding more features to the BNB network’s liquid staking tokens.
After the merge of Helio Money and Synclub on February 6th, 2024, the platform rebranded itself into the List DAO.
🪙$LISTA token: The entire liquid staking protocol is powered by the governance token $LISTA. Its main role is enabling users to vote on various governance proposals and granting weight to each community member's vote, which directly depends on the amount of tokens staked on the platform.
I'm super hyped about Lista Dao for the following reasons:
🔥The concept and design of the product aligns with the current “liquid staking and staking” trends. It is also of the few startups focused on BNB liquid staking and adding more features to such LSTs;
🔥The platform was audited multiple times by the top tier security companies;
🔥Strong PR and Growth Marketing performance;
🔥Above the average Marketing Infrastructure, SMM and Influencer Marketing score;
🔥Binance Labs invested into the project;
🔥Presence of the strong network of partners supporting the project;
🔥Upcoming Listing of the $LISTA token on the Binance exchange;
🔥Experienced leadership team: the BD lead and COO previously worked for Binance.
Take a look also at the bullish Roadmap

The current price on $Lista OTC is around $1! I am expecting multiple X on it's listing on #Binance
Lista Megadrop Details:
👉Token Name: Lista (LISTA)
👉Max Token Supply: 1,000,000,000 LISTA
👉Megadrop Token Rewards: 100,000,000 LISTA (10% of max token supply)
👉Initial Circulating Supply: 230,000,000 LISTA (23% of max token supply)
🔥Start farming $Lista here:
https://www.binance.com/en/megadrop
How to participate in the Megadrop. Full Instructions
Step 1: Go to Earn section

Step 2: Search for BNB. Select 15-120 days

You can choose a fixed lock from 15 to 120 days, the longer the lock, the higher the score coefficient. Of course saying that 120 days will be the best option to maximize your Earnings!
Step 3: Select quantity and click "Confirm" to complete the step of locking BNB on the exchange

👉You can keep your BNB and BTC on Spot and participate.
Reward Mechanism Based on Points
Total Points = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score is based on the amount of BNB locked and the lock duration. The Web3 Quest Multiplier is applied to the Locked BNB Score when all Web3 Quests are completed.
The higher your total points, the greater your rewards.
How is Megadrop Different from Launchpool?
Some key differences between Megadrop and Launchpool include:
👉Participation Method: Megadrop allows users to participate by subscribing to BNB and/or completing Web3 tasks. Binance Launchpool only allows users to participate by subscribing to BNB or designated tokens.
👉Token Subscription: Megadrop only utilizes BNB Locked Products for token subscription. Binance Launchpool offers more diversity by allowing users to subscribe to tokens through BNB Locked Products, BNB Vault, or direct staking in Launchpool.
👉Reward Calculation: Megadrop rewards are based on the amount of BNB locked by users and the duration of lock, combined with the completion of Web3 Quests. Binance Launchpool rewards are based on the volume of subscriptions to Launchpool.
👉Reward Enhancement: Megadrop allows users to enhance their rewards by completing tasks within the Binance Web3 Wallet. Binance Launchpool does not offer this feature.

HAPPY FARMING 🚜
#ListaMegadrop #Megadrop

In 2023, Manta Network experienced explosive growth, characterized by remarkable advancements, groundbreaking product launches, and an unwavering commitment to innovation in the realm of zero-knowledge (ZK) technology. Serving as a revolutionary modular ecosystem tailored for ZK applications, Manta Network has achieved a significant milestone as the first EVM-equivalent ZK application platform. The ecosystem offers an unmatched experience for developing and adopting advanced web3 applications, thanks to its effective use of ZK cryptography. We’ll take a look at the Manta Network ecosystem today, exploring its journey to success and what lies ahead for the network in the future.
With a Series A valuation of $500 million, Manta Network has raised over $60 million across pre-seed, seed, community, and Series A funding stages. Notable investors such as Polychain Capital, DeFiance Capital, and Qiming Venture Partners have contributed to its growth. The strategic backing from Binance Labs underscores the network’s significance in the industry. Founded in 2020 by Victor Ji and Kenny Li, the founding team, operating under p0x Labs, Manta Network received initial support from a Web3 Foundation grant, marking the beginning of its journey.
Arising from a visionary initiative to surpass the constraints of current blockchain solutions, Manta Network introduces a multi-modular ecosystem consisting of two blockchain networks. These networks provide advanced ZK tooling, streamlining the deployment of ZK-applications — Manta Pacific and Manta Atlantic.

Networks
Manta Pacific
Manta Pacific introduces an EVM-native Layer 2 solution with versatile ZK capabilities, enabling the exclusive creation of ZK applications through Solidity with Universal Circuits. Leveraging Celestia for DA and the OP Stack for Solidity-based ZK application development ensures not only efficient scalability but also a significant reduction in transaction fees.
The shift from Ethereum for DA to Celestia’s specialized DA solution significantly reduces L2 network transaction fees, resulting in savings exceeding $1.5 million in gas fees. The upcoming developmental phase targets the establishment of a fully modular zkEVM rollup using the Polygon CDK, promising further amplification of Manta Pacific’s capabilities. The transition into zkEVM utilizing Polygon CDK is set for early 2024.
Manta Atlantic
In contrast, Manta Atlantic emerges as the fastest and most decentralized ZK Layer 1 chain designed, strategically crafted to facilitate modular on-chain compliance identities through zkSBTs. Officially launched in January 2024, its primary focus lies in the ZK compliance credential layer, emphasizing practical application and seamless interoperability. This unique approach empowers projects to attain interoperable identities without necessitating direct cryptographic involvement.
Manta Atlantic establishes a composable execution environment tailored for ZK applications and seamlessly integrates Manta Network’s ZK tooling infrastructure. Built upon the Substrate framework, it operates as a parachain within the Polkadot ecosystem, placing a significant emphasis on interoperable identity verification and the deployment of ZK applications.
ZK Toolings
Universal Circuits
Manta Network’s Universal Circuits revolutionize the landscape of ZK application development by addressing inherent complexities. Traditionally, developers face daunting learning curves, requiring deep expertise in cryptographic techniques and the manual creation of intricate ZK circuits using languages such as Circom.
To overcome these obstacles, Universal Circuits offer a comprehensive library of pre-built ZK circuits for seamless integration into applications, particularly those developed using Solidity for Ethereum. This approach simplifies the development process, empowering developers to incorporate ZK functionalities effortlessly, without the need for extensive cryptographic knowledge.
Functioning as ZK-as-a-Service, Universal Circuits enable Solidity developers to interact with Manta Pacific contracts via APIs, facilitating the integration of ZK features with minimal adjustments to existing codebases. Noteworthy circuit designs within Universal Circuits encompass zkContracts like zkShuffle and Semaphore-based circuits, developed by the Privacy Scaling and Exploration (PSE) Labs at the Ethereum Foundation.
Manta Network’s upcoming initiatives involve enhancing Manta Atlantic’s capabilities, expanding the adoption of zkSBT and MantaPay for Rust developers, and rolling out the Manta Pacific Testnet to engage a wider community of developers and applications. The aim is to broaden the network’s impact and offer comprehensive solutions across both Web3 and Web2 domains.
zkSBTs and Manta NPO
zkSBTs, known as ZK-enabled SoulBound Tokens, are non-transferable NFTs anchored to individual user identities on the blockchain. Harnessing ZKPs for heightened user security, these tokens excel in on-chain gaming items, identity authentication, and asset verification. Moreover, developers can seamlessly integrate zkSBTs into ZK applications without requiring advanced cryptographic skills or expertise in ZKP.
Key functionalities of zkSBTs:
👉On-chain Data Verification: zkSBT acts as a streamlined solution for on-chain data verification, especially beneficial for mobile applications. Despite having user-friendly wallets like Particle and Unipass, validating data such as KYC details, credentials, and assets still poses challenges on mobile platforms
👉Decentralized Compliance: KYC, valued at around $1.6 trillion, is crucial for web platforms, necessitating the distinction between real users and bots. Tools like zkBAB and zkGalxe allow users to authenticate their legitimacy without disclosing personal data or linking to a wallet. Many applications leverage zkSBT for this verification purpose.
👉Credential Verification for On-chain Activities: Galxe and Cyberconnect process substantial on-chain activities but struggle with privacy concerns. zkSBT provides a solution, enabling private credential verification without the need for constant wallet connections. It also supports multi-chain verification.
👉Game/Social Items: zkSBTs can serve as in-game items or assets in social platforms. Notable examples include Ultiverse and ReadON zkSBTs, minted on the Manta chain and utilized across diverse applications.
👉Asset Verification: zkSBTs play a crucial role in asset verification applications. Tools like POMP enable users to create zkSBTs, offering a confidential on-chain statement to verify their asset holdings. This functionality proves valuable in both traditional and decentralized financial contexts.
Manta Network’s Robust Ecosystem

Manta Network’s focus on cost efficiency and enhanced throughput for ZK applications, and has swiftly become a favored choice among decentralized applications (dApps). Since its launch in September 2023, Manta Pacific’s L2 network has seamlessly integrated more than 150 dApps, with nearly 15 of them being native ZK applications.
Manta Pacific’s mainnet has facilitated the processing of more than 10 million transactions since its initial debut. Despite its recent entry into the L2 scene, the network has amassed an impressive Total Value Locked (TVL) of over $1.5 billion, securing a prominent position among L2s according to L2 Beat. The significant increase in TVL can be attributed to the success of the New Paradigm bridge launch in December 2023, which brought in over 200,000 new users. Barely two months after the launch, users had bridged over $750 million in assets to the L2 network.
Manta Pacific’s rollout strategy kicked off with MantaFest, a dynamic 5-week promotional campaign launched alongside its mainnet debut. This initiative aimed to invigorate network activity by introducing users to a diverse array of newly integrated dApps spanning Bridging, DeFi, SocialFi, and GameFi. Participants in MantaFest had the opportunity to accrue points, which could be exchanged for MANTA rewards during the Token Generation Event (TGE). Additionally, in October 2023, just one month following Manta Pacific’s mainnet alpha launch, Manta Network unveiled the Uncharted Grants program, further fueling the ecosystem’s growth and fostering innovation.
Looking Forward To The Future Of Manta Network
Following its mainnet debut, Manta Pacific has unveiled a comprehensive four-phase roadmap to guide its developmental trajectory following the mainnet debut. The team aims to collaboratively achieve each milestone in tandem with the broader Manta Network ecosystem and community. At present, Manta Pacific has successfully concluded the second phase, operating as an OP Stack rollup with Celestia for DA. The imminent full transition to a zkEVM validium using the Polygon CDK stands as a pivotal objective for 2024.

If Manta Network effectively executes its roadmap, it is primed to become a preferred choice for developers entering the dApp ecosystem. The ongoing evolution of Manta Network underscores a commitment to refining its offerings, expanding its influence, and bridging the web2 and web3 domains while upholding user privacy and data security.
Pretty Bullish on $MANTA and everything coming 🔥🔥
#MantaRWA

I will explain to you in a simple way with screenshots how to withdraw #NOT tokens from the Telegram Not application to the Binance exchange

1. First of all, we will press the arrow sign that appears in the main menu. 👇

2. Then we will click on the Exchanges section 👇

3. Then we see the stock exchange sections, we will click on the binance section.👇

4. Then we will press yes. What we see below

5. Then we will come to the Binance exchange and press the wallet section, then write a note to the search, press the deposit section, copy the deposit address and copy the note number at the bottom.

6. Then, we go back to the Not application and paste the deposit address and Not number we copied from Binance here, press keep going and the transaction is completed.

What's not? My opinions about the project
NOT is the community token of the Not coin, which has not yet been launched as of May 9. Cryptocurrency will meet investors on May 16. The notcoin community is incredibly large, which makes it a potentially good project. The note team works great, they always come up with new ideas to improve the project. My last word about Not coin is that this project will be talked about more.

NOT, upon release, it will be replaced with a 1:1 ratio of what players have earned in the game so far. Cryptocurrencies will be distributed to players via airdrop.

The maximum cryptocurrency supply is limited to 102.7 billion NOT.

Listed in Binance LaunchPool
Not coin's cryptocurrency NOT will not be launched through the Launch pool through which Binance mediates the supply of new cryptocurrencies.

Farming in the #Binance Launchpool begins May 13. Users will be able to earn POINTS by tracking or locking BNB and FDUSD for three days.

The new cryptocurrency will be listed on May 16 with NOT/BTC, NOT/USDT, NOT/BNB, NOT/FUDUSD and NOT/TRY pairs.

I make price predictions before listing #Notcoin (NOT). Due to the imminent launch of the Notcoin launch pool, it is difficult to predict its exact price due to market dynamics and other factors. But I think the Notcoin price may rise to $0.08 by the end of 2024. I also think that the project will open with 0.01$ cents on Binance after the launchpool.

CALL TO ACTION LINK:
Farm FDUSD or BNB -
https://s.binance.com/yZflEarL
Note Launchpool Detail 🔥 👇
https://www.binance.com/en/support/announcement/introducing-notcoin-not-on-binance-launchpool-farm-not-by-staking-bnb-and-fdusd-b78921ecf7c94e50973850fc47f497b9
#NOTLAUNCHPOOL #BinanceLaunchpool #notcoin

What is BounceBit (BB)?
BounceBit (BB) is the first native staking chain for Bitcoin. It introduces a novel approach to staking through a dual-token system. This innovative platform leverages the security of Bitcoin alongside full Ethereum Virtual Machine (EVM) compatibility to offer a convenient and secure restaking experience for users.
🔥 Personal Opinion about BounceBit 🔥
After the bankruptcy of Genesis Trading, Babel Finance, and Celsius, the Bitcoin ecosystem was left with a significant void in financial service provision. This caused underutilization of BTC assets and missed opportunities for profit, especially in sectors like DeFi and NFTs
The inherent conservatism of Bitcoin holders is not the only thing that prevents them from missing out on lucrative yield opportunities. On the inside, the absence of a robust smart contract platform within the Bitcoin ecosystem also limits the development of complex decentralized applications (dApps).
This is where BounceBit steps in to fill the gap. BounceBit is building a BTC restaking infrastructure that provides a foundational layer for different restaking products, secured by the regulated custody of Mainnet Digital (a premier asset management and fintech platform) and Ceffu ( a secure environment for storing digital currencies for institutional entities).
BounceBit’s TVL soared to over $600 million within a month after Early Access Launch ($550 million as of April 23), complemented by securing $6 million in seed funding from leading investors Blockchain Capital and Breyer Capital.

👉 Currently OTC Prices are around $0.75-$0.80 I am expecting $2-$3 once it's listed on Binance! Long-term I'm expecting 2 digits in the next Bull Cycle!
Binance will then list BounceBit (BB) at 2024-05-13 10:00 (UTC) and open trading with BB/BTC, BB/USDT, BB/BNB, BB/FDUSD and BB/TRY trading pairs.
BounceBit Megadrop Period:
2024-04-26 00:00:00 (UTC) to 2024-05-12 23:59:59 (UTC)
BNB Locked Products Snapshot Period:
To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before 2024-04-26 00:00:00 (UTC), as hourly snapshots of users’ subscription amounts will be taken during this period.
Web3 Quest Period:
Users may complete Web3 Quest(s) during the Quest Period.
Web3 Quest 1: “Stake 0.0001 BTCB to BounceBit”
👉You can find more information here:
https://www.binance.com/en/support/announcement/bouncebit-bb-megadrop-is-now-open-subscribe-to-bnb-locked-products-or-complete-web3-quests-to-participate-a0a11e79467e4ee6a937348005f7c84f
How BounceBit (BB) Works
1. Dual-Token Staking Mechanism
BounceBit offers a unique dual-token restaking mechanism. By staking both Bitcoin and BounceBit tokens (BB), participants play a vital role in securing the network. This approach not only enhances security but also introduces a diversified stakeholder base and helps boost the resilience of the ecosystem.
2. Proof-of-Stake Consensus
BounceBit adopts a Proof-of-Stake (PoS) consensus mechanism, known as Dual-Token PoS, where validators stake BB and/or BBTC (BounceBit's native token backed by Bitcoin) to record and verify transactions on the network. In return, validators receive transaction fees as staking rewards. This creates perpetual engagement and network reinforcement.
3. Transparent Financial Services
Addressing the transparency and misuse issues prevalent in traditional Bitcoin finance, BounceBit implements on-chain proof of reserve and transparent activities. This commitment to transparency rebuilds trust among users and creates a secure platform for earning yields on idle BTC.
4. Enhancing Bitcoin Utility
By providing avenues for BTC holders to actively engage their assets in DeFi and CeFi markets, BounceBit aims to enhance liquidity and expand utility for BTC in a transparent and efficient environment. Through its inclusive ecosystem catering to both retail and institutional investors, BounceBit democratizes access to Bitcoin-based financial products, thereby broadening yield opportunities and expanding use cases.
5. Smart Contract Features
Recognizing the importance of smart contract capabilities, BounceBit integrates full compatibility with the Ethereum Virtual Machine (EVM) and Solidity programming language. This compatibility allows developers to easily migrate their projects and build sophisticated dApps on the BounceBit platform, thereby enhancing the diversity of applications and utility of Bitcoin.
6. Unification Across Multiple Chains
By developing a unified platform that integrates various forms of Wrapped BTC across different blockchain networks, BounceBit centralizes liquidity and streamlines transactions. This initiative will enhance the efficiency and liquidity of BTC assets across multiple blockchains.
How to Participate in the Megadrop? Instructions
Step 1: Log in to your Binance account. You can use either the website or the app.
Step 2: Navigate to "More" (Services) and select "Megadrop"

You will see Megadrop icon below:

Step 3: Subscribe to BNB Locked Products and/or complete Web3 Quests to accumulate points. The higher your points, the greater your rewards.

Step 4: Complete subscriptions to BNB Locked Products on the Earn feature to accumulate points.

You can keep your BNB and BTC on Spot and participate.
Reward Mechanism Based on Points
Total Points = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score is based on the amount of BNB locked and the lock duration. The Web3 Quest Multiplier is applied to the Locked BNB Score when all Web3 Quests are completed.
The higher your total points, the greater your rewards.
Binance Megadrop marks a significant step forward in the evolution of token launch platforms. With its unique combination of features and the introduction of projects like BounceBit, it promises to offer users exciting opportunities to engage with the crypto community and unlock valuable rewards. As Megadrop continues to grow and welcome new projects, it remains an essential platform for crypto enthusiasts looking to maximize their potential in the ever-expanding world of decentralized finance.
How is Megadrop Different from Launchpool?
Some key differences between Megadrop and Launchpool include:
Participation Method: Megadrop allows users to participate by subscribing to BNB and/or completing Web3 tasks. Binance Launchpool only allows users to participate by subscribing to BNB or designated tokens.
Token Subscription: Megadrop only utilizes BNB Locked Products for token subscription. Binance Launchpool offers more diversity by allowing users to subscribe to tokens through BNB Locked Products, BNB Vault, or direct staking in Launchpool.
Reward Calculation: Megadrop rewards are based on the amount of BNB locked by users and the duration of lock, combined with the completion of Web3 Quests. Binance Launchpool rewards are based on the volume of subscriptions to Launchpool.
Reward Enhancement: Megadrop allows users to enhance their rewards by completing tasks within the Binance Web3 Wallet. Binance Launchpool does not offer this feature.

#BOUNCEBITLAUNCHPOOL #Megadrop