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Binance Supports Kava EVM and Native USDT Integration
This partnership brings great benefits to both #Kava and #Binance . Here are the details:
Benefits for Binance:
1. Large User Base:
- @Binance has over 200 million users, and giving these users access to the $KAVA ecosystem is a great advantage for both parties.
2. Liquidity Provision:
- The integration of #USDT into Kava creates vast liquidity pools, significantly boosting trading volume.
3. Strong Partnership:
- The long-term and robust partnership between Binance and Kava helps the ecosystems benefit more from each other.
Benefits for the Kava Ecosystem:
1. Increased Liquidity:
- Integrations with USDT and $WBTC boost Kava's liquidity, creating more opportunities for users and developers.
2. Access to a Wider Audience:
- Binance's extensive user base helps Kava's ecosystem gain broader adoption.
3. Product Development:
- Listing Kava's native products on Binance becomes easier, promoting product innovation.
Benefits of WBTC Providing Liquidity to the Kava Ecosystem:
1. High Liquidity:
- WBTC brings $6.5 billion in liquidity, connecting with the #Ethereum(ETH) #DeFi ecosystem.
2. Security and Standards:
- WBTC, adhering to BitGo's strict ERC-20 standards, provides a secure source of liquidity.
Contributions of BitGo:
1. Trusted Custodian:
- BitGo ensures the secure storage of WBTC, increasing user confidence.
2. Compliance with ERC-20 Standards:
- BitGo's adherence to standards ensures the smooth operation of WBTC within the Kava ecosystem.
Expectations from the Integration of Binance and Kava EVM:
1. Increased Liquidity:
- Liquidity of USDT and WBTC between the EVM and Cosmos networks will increase.
2. User Experience:
- Binance users will easily access the Kava ecosystem, promoting greater adoption and usage.
3. Market Dynamics:
- The value of $BTC and USDT liquidity pools will greatly contribute to developing the Kava ecosystem.
This integration showcases a significant innovation in the crypto world by offering opportunities for both Kava and Binance users.
Benefits for Binance:
1. Large User Base:
- @Binance has over 200 million users, and giving these users access to the $KAVA ecosystem is a great advantage for both parties.
2. Liquidity Provision:
- The integration of #USDT into Kava creates vast liquidity pools, significantly boosting trading volume.
3. Strong Partnership:
- The long-term and robust partnership between Binance and Kava helps the ecosystems benefit more from each other.
Benefits for the Kava Ecosystem:
1. Increased Liquidity:
- Integrations with USDT and $WBTC boost Kava's liquidity, creating more opportunities for users and developers.
2. Access to a Wider Audience:
- Binance's extensive user base helps Kava's ecosystem gain broader adoption.
3. Product Development:
- Listing Kava's native products on Binance becomes easier, promoting product innovation.
Benefits of WBTC Providing Liquidity to the Kava Ecosystem:
1. High Liquidity:
- WBTC brings $6.5 billion in liquidity, connecting with the #Ethereum(ETH) #DeFi ecosystem.
2. Security and Standards:
- WBTC, adhering to BitGo's strict ERC-20 standards, provides a secure source of liquidity.
Contributions of BitGo:
1. Trusted Custodian:
- BitGo ensures the secure storage of WBTC, increasing user confidence.
2. Compliance with ERC-20 Standards:
- BitGo's adherence to standards ensures the smooth operation of WBTC within the Kava ecosystem.
Expectations from the Integration of Binance and Kava EVM:
1. Increased Liquidity:
- Liquidity of USDT and WBTC between the EVM and Cosmos networks will increase.
2. User Experience:
- Binance users will easily access the Kava ecosystem, promoting greater adoption and usage.
3. Market Dynamics:
- The value of $BTC and USDT liquidity pools will greatly contribute to developing the Kava ecosystem.
This integration showcases a significant innovation in the crypto world by offering opportunities for both Kava and Binance users.
AVALANCHE USES COMMUNITY POWER: ACP-77
On #Binance Square, people usually chat about #BTC #BNB $ETH $AVAX prices—will they go up, down, or stay the same? I like to focus on the broader #blockcain world and its innovations. This time, I’m excited to share a cool update from @Avalanche_CN !
For those who don’t know, Avalanche was one of the first projects to collaborate with @DAO Labs and has a huge, loyal #SocialMining community. The social mining community rarely sells their tokens, creating a broad investor base. This positively impacts the token price. They’re harnessing the power of this community in various ways, including through ACPs.
Avalanche Community Proposals (ACPs) are part of Avalanche’s approach to including the community in governance. These proposals let the community suggest, discuss, and vote on changes to the Avalanche network. It’s all about making the network more functional and efficient by encouraging community input.
ACP-77 is a great example of this collaborative process, bringing significant improvements to the Avalanche network’s Subnet (private blockchain) mechanism:
Introducing a New Validator Type:
Subnet Validators: ACP-77 proposes a new validator type called "Subnet Validator." This aims to make it easier to launch and maintain private blockchains.
Lower Costs: It also reduces the registration fees and hardware requirements for validators, making it more accessible for developers.
Fee Structure:
Ongoing Payments: Instead of a large fee, ACP-77 suggests that Subnets make regular dynamic payments to the P-Chain. These fees vary based on the number of registered validators, aligning costs with network usage.
Cost Efficiency: The proposal aims to make Avalanche Subnets competitive with Celestia-based rollups in terms of cost, offering a more appealing alternative to other private blockchain solutions.
3. Contributions to the Gaming World:
More Affordable Costs: The improvements from ACP-77 make it cheaper for game developers to start and manage their Subnets. This allows game projects to scale more cost-effectively and offer more customization options with private blockchains.
Native Token Usage: Game projects can use the native tokens of Subnets to create new economic models for in-game transactions and rewards. This helps create stronger economic incentives and user engagement in games.
Better Performance and Lower Fees: With ACP-77, the cost-effective and performance-friendly infrastructure makes in-game transactions faster and cheaper. This means a better experience for players and lower transaction costs.
Comparison with Other Solutions:
Performance and Costs: The changes proposed by ACP-77 are designed to make Avalanche Subnets competitive with other solutions like Ethereum-based rollups and Cosmos appchains. This is achieved by increasing cost efficiency and reducing overall overhead.
Enhanced Tooling and Customization: Subnets under ACP-77 offer better tooling and customization compared to other solutions, providing a more flexible and adaptable blockchain infrastructure.
ACP-77 reflects Avalanche’s commitment to community-driven improvements and aims to enhance the performance, cost-effectiveness, and accessibility of private blockchain solutions. Plus, with its benefits for the gaming world, it supports game projects in running more cost-effectively and with higher performance.
For those who don’t know, Avalanche was one of the first projects to collaborate with @DAO Labs and has a huge, loyal #SocialMining community. The social mining community rarely sells their tokens, creating a broad investor base. This positively impacts the token price. They’re harnessing the power of this community in various ways, including through ACPs.
Avalanche Community Proposals (ACPs) are part of Avalanche’s approach to including the community in governance. These proposals let the community suggest, discuss, and vote on changes to the Avalanche network. It’s all about making the network more functional and efficient by encouraging community input.
ACP-77 is a great example of this collaborative process, bringing significant improvements to the Avalanche network’s Subnet (private blockchain) mechanism:
Introducing a New Validator Type:
Subnet Validators: ACP-77 proposes a new validator type called "Subnet Validator." This aims to make it easier to launch and maintain private blockchains.
Lower Costs: It also reduces the registration fees and hardware requirements for validators, making it more accessible for developers.
Fee Structure:
Ongoing Payments: Instead of a large fee, ACP-77 suggests that Subnets make regular dynamic payments to the P-Chain. These fees vary based on the number of registered validators, aligning costs with network usage.
Cost Efficiency: The proposal aims to make Avalanche Subnets competitive with Celestia-based rollups in terms of cost, offering a more appealing alternative to other private blockchain solutions.
3. Contributions to the Gaming World:
More Affordable Costs: The improvements from ACP-77 make it cheaper for game developers to start and manage their Subnets. This allows game projects to scale more cost-effectively and offer more customization options with private blockchains.
Native Token Usage: Game projects can use the native tokens of Subnets to create new economic models for in-game transactions and rewards. This helps create stronger economic incentives and user engagement in games.
Better Performance and Lower Fees: With ACP-77, the cost-effective and performance-friendly infrastructure makes in-game transactions faster and cheaper. This means a better experience for players and lower transaction costs.
Comparison with Other Solutions:
Performance and Costs: The changes proposed by ACP-77 are designed to make Avalanche Subnets competitive with other solutions like Ethereum-based rollups and Cosmos appchains. This is achieved by increasing cost efficiency and reducing overall overhead.
Enhanced Tooling and Customization: Subnets under ACP-77 offer better tooling and customization compared to other solutions, providing a more flexible and adaptable blockchain infrastructure.
ACP-77 reflects Avalanche’s commitment to community-driven improvements and aims to enhance the performance, cost-effectiveness, and accessibility of private blockchain solutions. Plus, with its benefits for the gaming world, it supports game projects in running more cost-effectively and with higher performance.
This nice article about ( $AVAX ) #Avalanche 's new community proposal ACP--77 will be of interest to all #Binance users.
LIVEGuvenerZoe
--
An Avalanche of Innovation - ACP-77
Avalanche ($AVAX ) is a decentralized, open-source blockchain platform designed to create highly scalable, interoperable, and customizable blockchain networks and decentralized applications (dApps). Launched in September 2020 by @DAO Labs ’ revolutionary #SocialMining concept, #AvalancheAVAX aims to combine the best features of existing blockchain technologies, including Ethereum ($ETH ) and @Polygon ( $MATIC ), but seeks to answer their limitations. Currently in 10th place according to the CMC index for July 26, 2024, Avalanche Hub, the brainchild of E. G. Sirer and his proteges, Avalanche Hub has become a standard bearer in the blockchain world, known for its strong governance and active community involvement.
Sirer said in his tweet today “The best blockchain technology is like magic. It just works without anyone being aware of how it does.” I think this view is showcased through proposals like ACP-77, which highlight Avalanche Hub's collaborative and inclusive governance approach.
So, what is ACP-77?
ACP-77 is a proposal designed to make the Avalanche network stronger. The idea is to introduce new validator types and make it easier as well as cheaper to launch dedicated blockchains, called Subnets. This proposal has features like new validator types to lower hardware requirements for those wishing to become validators, and a continuous fee model for Subnets to pay the P-Chain, spreading out costs over time instead of requiring a large initial investment. The proposa also addresses the need to keep improving interactions between different blockchains within the Avalanche network, particularly through the Avalanche Web Machine (AWM).
If we compare Sharding, Appchains and Subnets, here are the main takeaways:
Ethereum 2.0 and Sharding: Ethereum 2.0 uses sharding to split the network into smaller pieces (shards) that process transactions in parallel. This is similar to how Subnets work but with less flexibility. Avalanche Subnets offer more customization options for developers, while Ethereum 2.0 shards are more uniform.
Cosmos and Appchains: Cosmos has appchains, independent blockchains that connect through the Cosmos Hub. This is quite like Avalanche Subnets. Both systems allow for customization, but Avalanche’s unique consensus protocol might offer different advantages in performance and interoperability.
Why Are Subnets Awesome?
Subnets allow Avalanche to support a high volume of transactions without slowing down, making it perfect for large-scale applications. Developers can create specialized blockchains for different industries, from finance to gaming, made to order for specific needs and regulations. Each Subnet can have its own security measures, and this increases the overall security of the whole ecosystem.
ACP-77, integrating continuous fee mechanisms for Subnets to contribute to the P-Chain, is just one more Avalanche signpost on the path to a sustainable, equitable and economically viable blockchain environment.
Community-Centric Governance
As we already pointed out, Avalanche Hub is not just about technology; it's about people. The ACP-77 proposal is a perfect example of how Avalanche Hub involves its community in governance. This proposal was discussed and refined with input from the community, so that everyone has a voice in the network's development. This sense of ownership is what builds up a stronger, more committed community.
The Role of Social Mining
Avalanche Hub has been a partner since its testnet days in the DAO Labs' Social Mining project, where it has developed the largest and most engaged community. Social Mining is a unique concept that provides regular income to participants while building strong, informed communities deeply invested in the projects they support. Avalanche Hub’s growth from scratch to the leading Social Mining hub is a testament to the power of this model. It not only rewards community contributions but also encourages members to be active stakeholders in governance and development.
Conclusion
What makes Avalanche Hub a blockchain leader? Inclusive governance, strong community foundation, and their focus on ecosystem sustainability. The ACP-77 proposal is another symbol of Avalanche Hub’s community insights and innovative ideas to drive growth and long-term sustainability. As Avalanche Hub and its community-driven approach keep forging ahead, their footprint only grows larger.
Disclaimer: All the information provided in this article are for informative and educational purposes, and are not intended as financial advice. Any trades bear the risk of partial or total financial losses and must be approached with utmost caution. DYOR!
Sirer said in his tweet today “The best blockchain technology is like magic. It just works without anyone being aware of how it does.” I think this view is showcased through proposals like ACP-77, which highlight Avalanche Hub's collaborative and inclusive governance approach.
So, what is ACP-77?
ACP-77 is a proposal designed to make the Avalanche network stronger. The idea is to introduce new validator types and make it easier as well as cheaper to launch dedicated blockchains, called Subnets. This proposal has features like new validator types to lower hardware requirements for those wishing to become validators, and a continuous fee model for Subnets to pay the P-Chain, spreading out costs over time instead of requiring a large initial investment. The proposa also addresses the need to keep improving interactions between different blockchains within the Avalanche network, particularly through the Avalanche Web Machine (AWM).
If we compare Sharding, Appchains and Subnets, here are the main takeaways:
Ethereum 2.0 and Sharding: Ethereum 2.0 uses sharding to split the network into smaller pieces (shards) that process transactions in parallel. This is similar to how Subnets work but with less flexibility. Avalanche Subnets offer more customization options for developers, while Ethereum 2.0 shards are more uniform.
Cosmos and Appchains: Cosmos has appchains, independent blockchains that connect through the Cosmos Hub. This is quite like Avalanche Subnets. Both systems allow for customization, but Avalanche’s unique consensus protocol might offer different advantages in performance and interoperability.
Why Are Subnets Awesome?
Subnets allow Avalanche to support a high volume of transactions without slowing down, making it perfect for large-scale applications. Developers can create specialized blockchains for different industries, from finance to gaming, made to order for specific needs and regulations. Each Subnet can have its own security measures, and this increases the overall security of the whole ecosystem.
ACP-77, integrating continuous fee mechanisms for Subnets to contribute to the P-Chain, is just one more Avalanche signpost on the path to a sustainable, equitable and economically viable blockchain environment.
Community-Centric Governance
As we already pointed out, Avalanche Hub is not just about technology; it's about people. The ACP-77 proposal is a perfect example of how Avalanche Hub involves its community in governance. This proposal was discussed and refined with input from the community, so that everyone has a voice in the network's development. This sense of ownership is what builds up a stronger, more committed community.
The Role of Social Mining
Avalanche Hub has been a partner since its testnet days in the DAO Labs' Social Mining project, where it has developed the largest and most engaged community. Social Mining is a unique concept that provides regular income to participants while building strong, informed communities deeply invested in the projects they support. Avalanche Hub’s growth from scratch to the leading Social Mining hub is a testament to the power of this model. It not only rewards community contributions but also encourages members to be active stakeholders in governance and development.
Conclusion
What makes Avalanche Hub a blockchain leader? Inclusive governance, strong community foundation, and their focus on ecosystem sustainability. The ACP-77 proposal is another symbol of Avalanche Hub’s community insights and innovative ideas to drive growth and long-term sustainability. As Avalanche Hub and its community-driven approach keep forging ahead, their footprint only grows larger.
Disclaimer: All the information provided in this article are for informative and educational purposes, and are not intended as financial advice. Any trades bear the risk of partial or total financial losses and must be approached with utmost caution. DYOR!
The ACP-77 expression is a new solution that aims to strengthen validators of specific subnets in the #avalanche blockchain ecosystem. I recommend you read this article, which I think will also be of interest to #Binance users.
LIVEVictoria Flores-OriaOres
--
La propuesta de Validadores de Subred PAYG (ACP-77) de la red Avalanche
En lo que se refiere a computadoras, una Subred es un rango de direcciones lógicas, necesarias cuando una red se vuelve muy grande, lo aconsejable es dividirla en subredes para optimizar y flexibilizar el uso y eficiencia de la red. Fuente: Wikipedia.
La propuesta de Validadores de Subred PAYG (ACP-77) de la red Avalanche
La propuesta ACP-77 propone reinventar las subredes en la red de Avalanche $AVAX , es una nueva forma de cumplir el objetivo de las subredes, de modo que los desarrolladores se sientan atraídos y cómodos con las características para crear nodos validadores de subredes especificas o dedicadas dentro de la red #avalanche .
Las características resaltantes son:
• Separación de Validadores: la subred se separa de los validadores de la red principal de Avalanche, la sincronización parcial en P-Chain elimina el requisito de 2000 $ AVAX y admite la comunicación entre subredes a través de Avalanche Warp Messaging.
• Gestión de Validadores: traslado de la propiedad de validadores de subredes de P-Chain a subred (ERC-20/ERC-721/SPL en $ETH )
• Mecanismo de tarifa continua: la P-Chain trabaja con un mecanismo de tarifa fija. Actualmente hay una propuesta para adoptar un nuevo modelo de tarifas multidimensionales para aplicar en la P-Chain.
Como las subredes se han separado y la sincronización es parcial en la P-Chain, no necesitan pagar 2000 AVAX, en su lugar pagarán una pequeña tarifa continua.
A través de una API monitorearan el saldo disponible. Recargarán a la cuenta de la subred la cantidad de #AVAX que deseen y podrán recuperar el excedente.
El nuevo modelo para las subredes, consiste en un rediseño del mecanismo conocido. El costo por crear un validador de subred es significativamente reducido, atrayendo el interés de los desarrolladores para convertirse en validadores de subredes.
El diseño ACP-77 también proporciona más soberanía a las subredes, por lo que es responsabilidad de los validadores de subredes, verificar los activos y la seguridad de la subred.
¿Cómo participa la comunidad de Avalanche y los mineros sociales, miembros activos en AvalancheHub, en la ACP-77?
Primero debemos saber que las Propuestas de la Comunidad de Avalanche (ACP) son documentos para solicitar cambios, éstos deben ser aprobados por la comunidad y puestos en práctica en la red, posteriormente a través de una actualización.
La Comunidad de Avalanche
Los miembros de la comunidad de Avalanche, juegan un papel importante, ellos deben aprobar la propuesta ejerciendo el voto de gobernanza, además los que deseen crear un nodo validador de subredes, encuentran en la ACP-77 un conjunto de nuevas características para incentivar la participación, fomentar la descentralización y dar más poder a las subredes.
La Comunidad de AvalancheHub
La comunidad de Mineros Sociales de @DAO Labs en AvalancheHub, son un equipo de apoyo en la divulgación de los proyectos tecnológicos y el ecosistema de la red @Avalanche_CN .
Los mineros sociales en AvalancheHub conocen el proyecto, mantienen en sus billeteras el token $AVAX, participan en las oportunidades que la red y el ecosistema ofrecen a los usuarios.
La comunidad en AvalancheHub también desempeña un rol de importancia, pues ellos llevan la información de los aspectos más relevantes de Avalanche, a los medios y redes sociales.
AvalancheHub en @DAO Labs , es el centro con la comunidad más grande y en constante crecimiento.
La fuerza que la #SocialMining ejerce en los medios y redes sociales, es indiscutible, son como una gran rueda que está en contínuo movimiento.
La Minería Social en AvalancheHub, permite a los participantes obtener ganancias en $ AVAX como un incentivo por las contribuciones valiosas y la construcción de alineadas comunidades.
Desde el AvalancheHub se respalda el crecimiento de la red y el ecosistema #Avalanche. En AvalancheHub se cree y se ve a la ACP-77 como un avance hacia el fortaleciendo y la consolidación de Avalanche, como una de las más destacadas cadenas en la industria de las Blockchain.
Para conocer más detalles sobre el ACP-77, por favor consulte la fuente: BlockWork Research.
Este artículo es escrito con fines informativos, no es consejo financiero, por favor siempre DYOR, es su responsabilidad tomar decisiones informadas.
$MATIC #ETH #Polygon
La propuesta de Validadores de Subred PAYG (ACP-77) de la red Avalanche
La propuesta ACP-77 propone reinventar las subredes en la red de Avalanche $AVAX , es una nueva forma de cumplir el objetivo de las subredes, de modo que los desarrolladores se sientan atraídos y cómodos con las características para crear nodos validadores de subredes especificas o dedicadas dentro de la red #avalanche .
Las características resaltantes son:
• Separación de Validadores: la subred se separa de los validadores de la red principal de Avalanche, la sincronización parcial en P-Chain elimina el requisito de 2000 $ AVAX y admite la comunicación entre subredes a través de Avalanche Warp Messaging.
• Gestión de Validadores: traslado de la propiedad de validadores de subredes de P-Chain a subred (ERC-20/ERC-721/SPL en $ETH )
• Mecanismo de tarifa continua: la P-Chain trabaja con un mecanismo de tarifa fija. Actualmente hay una propuesta para adoptar un nuevo modelo de tarifas multidimensionales para aplicar en la P-Chain.
Como las subredes se han separado y la sincronización es parcial en la P-Chain, no necesitan pagar 2000 AVAX, en su lugar pagarán una pequeña tarifa continua.
A través de una API monitorearan el saldo disponible. Recargarán a la cuenta de la subred la cantidad de #AVAX que deseen y podrán recuperar el excedente.
El nuevo modelo para las subredes, consiste en un rediseño del mecanismo conocido. El costo por crear un validador de subred es significativamente reducido, atrayendo el interés de los desarrolladores para convertirse en validadores de subredes.
El diseño ACP-77 también proporciona más soberanía a las subredes, por lo que es responsabilidad de los validadores de subredes, verificar los activos y la seguridad de la subred.
¿Cómo participa la comunidad de Avalanche y los mineros sociales, miembros activos en AvalancheHub, en la ACP-77?
Primero debemos saber que las Propuestas de la Comunidad de Avalanche (ACP) son documentos para solicitar cambios, éstos deben ser aprobados por la comunidad y puestos en práctica en la red, posteriormente a través de una actualización.
La Comunidad de Avalanche
Los miembros de la comunidad de Avalanche, juegan un papel importante, ellos deben aprobar la propuesta ejerciendo el voto de gobernanza, además los que deseen crear un nodo validador de subredes, encuentran en la ACP-77 un conjunto de nuevas características para incentivar la participación, fomentar la descentralización y dar más poder a las subredes.
La Comunidad de AvalancheHub
La comunidad de Mineros Sociales de @DAO Labs en AvalancheHub, son un equipo de apoyo en la divulgación de los proyectos tecnológicos y el ecosistema de la red @Avalanche_CN .
Los mineros sociales en AvalancheHub conocen el proyecto, mantienen en sus billeteras el token $AVAX, participan en las oportunidades que la red y el ecosistema ofrecen a los usuarios.
La comunidad en AvalancheHub también desempeña un rol de importancia, pues ellos llevan la información de los aspectos más relevantes de Avalanche, a los medios y redes sociales.
AvalancheHub en @DAO Labs , es el centro con la comunidad más grande y en constante crecimiento.
La fuerza que la #SocialMining ejerce en los medios y redes sociales, es indiscutible, son como una gran rueda que está en contínuo movimiento.
La Minería Social en AvalancheHub, permite a los participantes obtener ganancias en $ AVAX como un incentivo por las contribuciones valiosas y la construcción de alineadas comunidades.
Desde el AvalancheHub se respalda el crecimiento de la red y el ecosistema #Avalanche. En AvalancheHub se cree y se ve a la ACP-77 como un avance hacia el fortaleciendo y la consolidación de Avalanche, como una de las más destacadas cadenas en la industria de las Blockchain.
Para conocer más detalles sobre el ACP-77, por favor consulte la fuente: BlockWork Research.
Este artículo es escrito con fines informativos, no es consejo financiero, por favor siempre DYOR, es su responsabilidad tomar decisiones informadas.
$MATIC #ETH #Polygon
Solana'da Kısa Vade Beklentileri
#Binance Square'i çok faydalı buluyorum ve yazılarıma devam etmeyi düşünüyorum.
Bugünkü konum #Solana . Neden hareketli saatler geçiriyor ve kısa vadede ne olabilir?
Solana'nın ($SOL ) kripto parası, #memecion çılgınlığı ve ETF söylentileri sayesinde tekrar popüler oldu . Kasım 2021'de en yüksek değeri olan 260 dolara ulaşmıştı. Bu yıl en fazla 200 dolara kadar çıktı ama şu an 170 dolar civarında işlem görüyor.
Bazı uzmanlar, Solana'nın tekrar 260 dolara çıkabileceğini düşünüyor. Kısa vadede 200 dolara ulaşabilirse, fiyatı daha da artabilir. Ağ kullanımındaki artış, Solana'ya olan talebi artırabilir.
Önemli Noktalar:
Memecoin ve ETF Söylentileri: Bu gelişmeler Solana'yı öne çıkardı.FED ve ABD Seçimleri: Faiz indirimi ve yaklaşan seçimler Solana için iyi olabilir.Franklin Templeton: Bu yatırım şirketi Solana hakkında olumlu düşünüyor.Memecoin Çılgınlığı: Ünlülerin de katıldığı memecoin trendi Solana'yı popülerleştirdi.Hedef: Uzmanlar Solana'nın 500 dolara ulaşabileceğini düşünüyor.
Önümüzdeki birkaç ay Solana için hareketli geçebilir. Hızlı işlemler ve düşük ücretler, Solana'yı daha çekici hale getiriyor.
Bugünkü konum #Solana . Neden hareketli saatler geçiriyor ve kısa vadede ne olabilir?
Solana'nın ($SOL ) kripto parası, #memecion çılgınlığı ve ETF söylentileri sayesinde tekrar popüler oldu . Kasım 2021'de en yüksek değeri olan 260 dolara ulaşmıştı. Bu yıl en fazla 200 dolara kadar çıktı ama şu an 170 dolar civarında işlem görüyor.
Bazı uzmanlar, Solana'nın tekrar 260 dolara çıkabileceğini düşünüyor. Kısa vadede 200 dolara ulaşabilirse, fiyatı daha da artabilir. Ağ kullanımındaki artış, Solana'ya olan talebi artırabilir.
Önemli Noktalar:
Memecoin ve ETF Söylentileri: Bu gelişmeler Solana'yı öne çıkardı.FED ve ABD Seçimleri: Faiz indirimi ve yaklaşan seçimler Solana için iyi olabilir.Franklin Templeton: Bu yatırım şirketi Solana hakkında olumlu düşünüyor.Memecoin Çılgınlığı: Ünlülerin de katıldığı memecoin trendi Solana'yı popülerleştirdi.Hedef: Uzmanlar Solana'nın 500 dolara ulaşabileceğini düşünüyor.
Önümüzdeki birkaç ay Solana için hareketli geçebilir. Hızlı işlemler ve düşük ücretler, Solana'yı daha çekici hale getiriyor.
WAX Blockchain Reshapes the World of Artificial Intelligence with MeromAI
@WAX Blockchain has announced MeromAI. Hopefully, this project will catch #Binance 's attention as well. Everyone knows about $BTC , $ETH , #DOGE , and $BNB , but there's a great need for such innovations in the #Bitcoin world.
What is MeromAI?
MeromAI is an open-source artificial intelligence (AI) platform powered by human contributions. It is the first AI project to operate with a token on the WAX blockchain.
Features of MeromAI:
Open Source: Uses AI models that anyone can contribute to and develop.
Decentralized: A system where everyone can contribute to shaping the future of AI.
Community Participation: Users can earn points by providing computing power, asking questions, and evaluating answers.
AI Training and Development: Users contribute to training and developing AI models.
Contributions to WAX Blockchain 🌐
MeromAI's operation on the WAX blockchain provides various benefits to the WAX ecosystem:
New Users: Attracts new users to the WAX community.
High Engagement: Ensures high engagement and participation among users.
Economic Activity: Increases economic activity as $AIMR tokens are traded on the WAX blockchain.
Technological Innovations: Leads technological innovations with MeromAI's decentralized AI vision.
Thousands have participated in the Weekly Challenge system,
which awarded $3600 - 100 each week over the past 36 weeks.
Meromai Phase 2 Roadmap
MeromAI and DAOLab's Social Mining 🛠️
MeromAI's community-focused approach is similar to @DAO Labs 's #SocialMining Both platforms reward users for their contributions:
Participant Rewards: Users earn $AIMR tokens on MeromAI, while those involved in social mining on DAO Labs are rewarded with #USDT and project tokens.
Decentralization: Both projects establish a decentralized structure by distributing control to community members.
Collaboration and Contribution: Encourage active participation of users, fostering the growth of their ecosystems.
MeromAI is shaping the future of AI with its open-source, decentralized, and community-focused structure. 🌍💡
What is MeromAI?
MeromAI is an open-source artificial intelligence (AI) platform powered by human contributions. It is the first AI project to operate with a token on the WAX blockchain.
Features of MeromAI:
Open Source: Uses AI models that anyone can contribute to and develop.
Decentralized: A system where everyone can contribute to shaping the future of AI.
Community Participation: Users can earn points by providing computing power, asking questions, and evaluating answers.
AI Training and Development: Users contribute to training and developing AI models.
Contributions to WAX Blockchain 🌐
MeromAI's operation on the WAX blockchain provides various benefits to the WAX ecosystem:
New Users: Attracts new users to the WAX community.
High Engagement: Ensures high engagement and participation among users.
Economic Activity: Increases economic activity as $AIMR tokens are traded on the WAX blockchain.
Technological Innovations: Leads technological innovations with MeromAI's decentralized AI vision.
Thousands have participated in the Weekly Challenge system,
which awarded $3600 - 100 each week over the past 36 weeks.
Meromai Phase 2 Roadmap
MeromAI and DAOLab's Social Mining 🛠️
MeromAI's community-focused approach is similar to @DAO Labs 's #SocialMining Both platforms reward users for their contributions:
Participant Rewards: Users earn $AIMR tokens on MeromAI, while those involved in social mining on DAO Labs are rewarded with #USDT and project tokens.
Decentralization: Both projects establish a decentralized structure by distributing control to community members.
Collaboration and Contribution: Encourage active participation of users, fostering the growth of their ecosystems.
MeromAI is shaping the future of AI with its open-source, decentralized, and community-focused structure. 🌍💡
LIVEGuvenerZoe
--
Spot Ethereum ETF – SEC, Eric Balchunas, and the story of a launch
As a @DAO Labs #SocialMining enthusiast, I closely follow $ETH , $BTC and altcoins such as $BNB , #AVAX✅ , #MATIC✅ and #KAVA that are already buzzwords among the discerning investors and traders. Eric Balchunas of Bloomberg seems very sure that July 18 2024 will be the date for the spot Ethereum ETF launch. $ETHE, $CETH, $ETHA and $ETHV are already named but Invesco Galaxy, Franklin, Bitwise, and PRO Shares III have also either registered or updated their registrations.
Source: SEC EDGAR, July 13, 2024, for educational purposes only
So, what does that mean? Who and what are these? If you are asking yourself these, you are not alone. As I am a beginner myself, I have been trying to understand through reading and research. Let us explore together to see if we can make sense of all these names and figures.
To start with, the Dramatis Personae:
SEC, or the Securities and Exchange Commission. Currently chaired by Gary Gensler, SEC is responsible for looking after investor interests by policing the securities markets.
Ethereum. After Bitcoin, the most important cryptocurrency. In addition to its native Ether coin, its blockchain includes decentralized apps (Dapps) and non-fungible tokens (NFTs). (Let me know if you would like to know more about these, and I will write a separate article.) Since 2022, Ethereum has been using a system of coin creation called Proof of Stake (Basically, if you want to validate someone’s work, you need to stake your own coins first and this collateral is proof of your good faith, as you would lose more than you gain). This PoS makes it faster.
ETF. Exchange-traded fund. Simply means you can use it to trade on the exchange markets.
Spot ETFs (Exchange-Traded Funds). If you hold a spot exchange-traded fund, you actually hold an asset. These could be cryptocurrencies, stocks, commodities or bonds. So, your asset price will reflect the current immediately available price of the asset.
Strategy ETFs (or Thematic ETFs). If you hold a strategy asset, you do not actually hold the asset. You use other trading tools, such as a futures contract. So the value of your asset will NOT reflect the current immediately available price of the asset.
Eric Balchunas (on X, @EricBalchunas): A senior ETF Analyst for Bloomberg, Eric Balchunas is known for accurately predicting some key ETF-related events.
$ETHE – Grayscale Investments’ product tied to ETH. Not an altcoin.
$CETH – 21Shares Core Ethereum ETF is another product tied to ETH. Not an altcoin.
$ETHA – iShares Ethereum Trust ETF is a third product tied to ETH. Not an altcoin.
$ETHV – VanEck's Ethereum ETF is yet another product tied to ETH. Not an altcoin.
So, these are our key named players. What do they do? Why should you care?
Cryptocurrencies are finally looking like they are here to stay, and more and more of the key players from previously skeptical sectors want a piece of the action. Following the success of Bitcoin ETFs, analysts such as the inimitable Mr Balchunas predict “ETH could capture up to 20% of the assets under management (AUM) that BTC ETFs have ”(See Source 5). Additionally, Spot ETFs are expected to open the crypto markets to investors who are not allowed to trade in crypto, such as 410(k) and IRA investors.
Are there disadvantages in spot Ethereum ETFs? Like with everything else in the world, yes. You cannot get staking rewards for your investment. Since these rewards themselves could be sizable, it is a choice you will need to make.
We as the Social Mining Community know that BTC is digital gold, and that ETH EFTs will break the door wide open for the altcoins we love and trust - BNB, AVAX, MATIC, KAVA, TON. Social Mining is for all markets bearish or bullish, but we do have our own projects that we root for.
It is an exciting time. With a potential Solana ETF move in the works, it could get truly lively. And, you. How will you go forward? What is your next move? Do tell!
Disclaimer: All the information provided in this article are for informative and educational purposes, and are not intended as financial advice. Any trades bear the risk of partial or total financial losses and must be approached with utmost caution. DYOR!
Sources:
SECNerdwalletNasdaqCointelegraphCryptopotato
Source: SEC EDGAR, July 13, 2024, for educational purposes only
So, what does that mean? Who and what are these? If you are asking yourself these, you are not alone. As I am a beginner myself, I have been trying to understand through reading and research. Let us explore together to see if we can make sense of all these names and figures.
To start with, the Dramatis Personae:
SEC, or the Securities and Exchange Commission. Currently chaired by Gary Gensler, SEC is responsible for looking after investor interests by policing the securities markets.
Ethereum. After Bitcoin, the most important cryptocurrency. In addition to its native Ether coin, its blockchain includes decentralized apps (Dapps) and non-fungible tokens (NFTs). (Let me know if you would like to know more about these, and I will write a separate article.) Since 2022, Ethereum has been using a system of coin creation called Proof of Stake (Basically, if you want to validate someone’s work, you need to stake your own coins first and this collateral is proof of your good faith, as you would lose more than you gain). This PoS makes it faster.
ETF. Exchange-traded fund. Simply means you can use it to trade on the exchange markets.
Spot ETFs (Exchange-Traded Funds). If you hold a spot exchange-traded fund, you actually hold an asset. These could be cryptocurrencies, stocks, commodities or bonds. So, your asset price will reflect the current immediately available price of the asset.
Strategy ETFs (or Thematic ETFs). If you hold a strategy asset, you do not actually hold the asset. You use other trading tools, such as a futures contract. So the value of your asset will NOT reflect the current immediately available price of the asset.
Eric Balchunas (on X, @EricBalchunas): A senior ETF Analyst for Bloomberg, Eric Balchunas is known for accurately predicting some key ETF-related events.
$ETHE – Grayscale Investments’ product tied to ETH. Not an altcoin.
$CETH – 21Shares Core Ethereum ETF is another product tied to ETH. Not an altcoin.
$ETHA – iShares Ethereum Trust ETF is a third product tied to ETH. Not an altcoin.
$ETHV – VanEck's Ethereum ETF is yet another product tied to ETH. Not an altcoin.
So, these are our key named players. What do they do? Why should you care?
Cryptocurrencies are finally looking like they are here to stay, and more and more of the key players from previously skeptical sectors want a piece of the action. Following the success of Bitcoin ETFs, analysts such as the inimitable Mr Balchunas predict “ETH could capture up to 20% of the assets under management (AUM) that BTC ETFs have ”(See Source 5). Additionally, Spot ETFs are expected to open the crypto markets to investors who are not allowed to trade in crypto, such as 410(k) and IRA investors.
Are there disadvantages in spot Ethereum ETFs? Like with everything else in the world, yes. You cannot get staking rewards for your investment. Since these rewards themselves could be sizable, it is a choice you will need to make.
We as the Social Mining Community know that BTC is digital gold, and that ETH EFTs will break the door wide open for the altcoins we love and trust - BNB, AVAX, MATIC, KAVA, TON. Social Mining is for all markets bearish or bullish, but we do have our own projects that we root for.
It is an exciting time. With a potential Solana ETF move in the works, it could get truly lively. And, you. How will you go forward? What is your next move? Do tell!
Disclaimer: All the information provided in this article are for informative and educational purposes, and are not intended as financial advice. Any trades bear the risk of partial or total financial losses and must be approached with utmost caution. DYOR!
Sources:
SECNerdwalletNasdaqCointelegraphCryptopotato
Bitcoin Sales and Geopolitical Implications: The Role of the German Government
In these days when the #Bitcoin market is stagnant, our eyes are on the #Binance screen, $BTC , $ETH and $BNB prices. We are waiting for this stagnation to pass 😊
While I thought Bitcoin would exceed 70k, it fell to 54k levels. What were the reasons for this? In fact, there is no reason to fall so much, but people we call whales use some news to create an atmosphere of fear and fuel sales to collect #BTC cheaper.
The news used this time was the repayments of MT Gox and the news that the German government would sell, which started immediately afterward. MT Gox is an old story anyway. I researched the German government's sales and would like to share it with you.
Earlier this year, the German Federal Criminal Police Office (BKA) seized 49,857 BTC from the operators of Movie2k.to, a privacy site shut down in 2013. Since mid-June, the government has sold more than 10,000 of these BTC, which has put downward pressure on Bitcoin's price.
To mitigate the negative effects of this situation, Tron founder Justin Sun offered the German government to buy BTCs off-market.
In addition, some observers think that Germany's sales are a geopolitical mistake. The Blockware Intelligence newsletter noted that it is a strategic blunder for governments to sell a scarce asset like bitcoin because fiat currencies can be easily printed.
According to @Arkham 's data, Germany currently holds 39,826 BTC worth $2.2 billion, which could create potential selling pressure. This represents about 9 percent of Bitcoin's daily trading volume and could cause price turbulence.
Ki Young Ju, CEO of CryptoQuant, stated that the Bitcoin market is affected by psychological operations.
Analyst Alex Krüger suggested that the German government is in the final phase of BTC sales and that the market can absorb these sales.
Daan Crypto, on the other hand, thinks that the weight of government sales in the market will decrease over time.
These sales have affected the price of Bitcoin, and BTC is currently trading at $ 57,200, down from $ 65,000 when the sales started, which means a drop of about 11 percent.
According to a report I received this evening, after today's transactions, only 4925 BTC worth $ 285 million remained in wallets linked to German authorities. When assets began to be sold three weeks ago, the wallets held 50 thousand BTC worth $ 3 billion.
I have already mentioned that such news is used as a selling opportunity. In the medium and long term, the crypto market will continue its upward journey again.
In such stagnant times, the most reliable way to make money in this market is #SocialMining As a member of the platforms offered by @DAO Labs , you can prepare content and earn income.
I hope to write an article with better news next week...
While I thought Bitcoin would exceed 70k, it fell to 54k levels. What were the reasons for this? In fact, there is no reason to fall so much, but people we call whales use some news to create an atmosphere of fear and fuel sales to collect #BTC cheaper.
The news used this time was the repayments of MT Gox and the news that the German government would sell, which started immediately afterward. MT Gox is an old story anyway. I researched the German government's sales and would like to share it with you.
Earlier this year, the German Federal Criminal Police Office (BKA) seized 49,857 BTC from the operators of Movie2k.to, a privacy site shut down in 2013. Since mid-June, the government has sold more than 10,000 of these BTC, which has put downward pressure on Bitcoin's price.
To mitigate the negative effects of this situation, Tron founder Justin Sun offered the German government to buy BTCs off-market.
In addition, some observers think that Germany's sales are a geopolitical mistake. The Blockware Intelligence newsletter noted that it is a strategic blunder for governments to sell a scarce asset like bitcoin because fiat currencies can be easily printed.
According to @Arkham 's data, Germany currently holds 39,826 BTC worth $2.2 billion, which could create potential selling pressure. This represents about 9 percent of Bitcoin's daily trading volume and could cause price turbulence.
Ki Young Ju, CEO of CryptoQuant, stated that the Bitcoin market is affected by psychological operations.
Analyst Alex Krüger suggested that the German government is in the final phase of BTC sales and that the market can absorb these sales.
Daan Crypto, on the other hand, thinks that the weight of government sales in the market will decrease over time.
These sales have affected the price of Bitcoin, and BTC is currently trading at $ 57,200, down from $ 65,000 when the sales started, which means a drop of about 11 percent.
According to a report I received this evening, after today's transactions, only 4925 BTC worth $ 285 million remained in wallets linked to German authorities. When assets began to be sold three weeks ago, the wallets held 50 thousand BTC worth $ 3 billion.
I have already mentioned that such news is used as a selling opportunity. In the medium and long term, the crypto market will continue its upward journey again.
In such stagnant times, the most reliable way to make money in this market is #SocialMining As a member of the platforms offered by @DAO Labs , you can prepare content and earn income.
I hope to write an article with better news next week...
I recommend reading this in-depth review of #RangoExchange powered by #Binance Labs.
LIVEMetaverseJR
--
Binance Labs and Rango: Cross-Chain Innovation in the Web3 Era
$ARKM $LISTA $GMT
Binance Labs, the venture capital and incubation arm of the world's largest cryptocurrency exchange, continues to invest in Web3 technologies. As a @DAO Labs social miner, I analyzed @Binance Labs ' investment portfolio tested the implementation of its latest investment #RangoExchange and gave my opinion on the project. So what does this investment mean for the evolution of cross-chain technologies and decentralized finance (DeFi)? Let's take a look at all the details together.
Part 1: Binance Labs Portfolio Analysis: Value-Creating Investments in the Crypto World
With a focus on fostering growth in the blockchain industry, Binance Labs has always proven to be effective in supporting and investing in promising cryptocurrency projects.
Key Stats:
The portfolio covers more than 250 projects from more than 25 countries around the world,The impressive average return on investment of 14x,50% of these projects have gone through comprehensive incubation programs.
Binance Labs' Return on Investment (ROI) Comparison
When we look at Binance Labs' portfolio in general, we see that it consists of projects with excellent returns. Especially when Retail ROI is considered, projects such as MATIC, AXS, EGLD, SAND, ARKM, LISTA, ID, GMT, EDU, and CTSI stand out with their very high ROI.
This chart also shows that the 2019-2022 period launches (other than Arkham, Lista DAO, ID, and EDU) have shown higher investment performance... I think the overall uptrend of the market in this period and Binance's strong ecosystem also had a big impact.
Comparing All-Time Highs (ATH) of Projects in Binance Labs' Portfolio
Until early 2022, the projects in the portfolio showed a generally positive outlook. However, the Binance Labs portfolio seems to have been negatively affected by the deterioration of the overall cryptocurrency market conditions in late 2022 and 2023 to the present.
Taking a long-term view, Binance Labs has a successful portfolio. While many projects are well below ATH levels, they still have significant volume and valuations (GMT, ALICE, ALPHA, FINE, HIGH, ONE, etc.).
Fluctuations in the Value of Coins in Binance Labs' Portfolio
Binance Labs usually invests in quality early-stage projects. The chart below shows the price fluctuations of 10 of these projects over the years.
Given the market volatility over the last five years, it may make sense to follow the projects in Binance Labs' portfolio. In the short term, I think the projects in the portfolio will react to market conditions, but in the long term, quality projects will always be at the forefront.
Part 2: Rango Exchange: Cross-Chain Solutions for a Decentralized Future
Binance Labs' investment in #Rango Exchange represents a pivotal moment in the evolution of decentralized finance (DeFi). As a cross-chain decentralized exchange (DEX) and bridge aggregator, Rango is the most important solution in the cross-chain ecosystem. Rango aims to process more than 90% of the cross-chain DeFi volume in the future, covering all major blockchains in the crypto market.
Why Rango is Important to Binance Labs
Interoperability: Rango's cross-chain capabilities address the growing need for seamless interaction between different blockchain networks
Web3 Adoption: Rango accelerates Web3 adoption by simplifying cross-chain transactions, making DeFi accessible to a wider audience.Strategic Alignment: This investment strengthens Binance's commitment to the multi-chain ecosystem, positioning it as a leader in cross-chain innovation.Improved DeFi Accessibility: Rango's integration with popular wallets and dApps enables the expansion of access to DeFi services to millions of users.
Part 3: Rango User Guide: Step-by-Step Process Bridging and User Experience
Rango's user-friendly interface and extensive blockchain support make it an ideal platform for both new and experienced users. Let's take a closer look at how to use Rango.
Especially for new users, I have prepared an infographic with screenshots of how to use the platform. If you follow the steps in this infographic, you will be able to complete your first transactions on the platform much faster and smoother. Now, I would like to share my insights from the testing phase.
When we open the application from the link https://app.rango.exchange/, a simple and familiar interface welcomes us. As an experienced user, I had no difficulty in figuring out where to set slippage settings, how to connect the wallet, and where to select the network and tokens for swaps and bridging.
When I tested the swap, the listing of options in the Routes window was quite detailed for a user like me who always prefers to do low-cost operations and put speed on the back burner. Inevitably, I felt the need to examine the list until the end and still selected the recommended option and started the process. But then I realized that there were options in the upper right part of the window and the suggestions would be listed according to my preference. I proceeded with these preferences in my next process.
Maybe it was just me because I was using the Metamask wallet during this test, but the metamask window stuck on every confirmation screen. Especially the transaction limit and the confirmation window after it did not open automatically. Since I saw a warning on the metamask application, I opened the window myself and confirmed. By the way, both my browser and Metamask versions are up to date.
Despite these minor glitches, my Linea to Avalanche bridging process went smoothly and quickly. I did the same with an Ethereum to Arbitrum swap, and it was much faster with a fraction of the estimated transaction time and cost. I'll also give you another little tip. After connecting your wallet to the application, if you examine your wallet details on the top right of the screen, you will be done with the problem of "Which token from which network can I swap". I like this feature and I'm sure it will save time for all users.
In conclusion; Rango, strengthened by Binance Labs' investment, seems to have the potential to make life easier for users in the multi-chain finance world and unlock the potential of DeFi. As a user, I can personally say that I will be doing more transactions on Rango from now on.
Sources:
CryptoRankCoinMarketCapRango Exchange UpdatesBinance Blog
Binance Labs, the venture capital and incubation arm of the world's largest cryptocurrency exchange, continues to invest in Web3 technologies. As a @DAO Labs social miner, I analyzed @Binance Labs ' investment portfolio tested the implementation of its latest investment #RangoExchange and gave my opinion on the project. So what does this investment mean for the evolution of cross-chain technologies and decentralized finance (DeFi)? Let's take a look at all the details together.
Part 1: Binance Labs Portfolio Analysis: Value-Creating Investments in the Crypto World
With a focus on fostering growth in the blockchain industry, Binance Labs has always proven to be effective in supporting and investing in promising cryptocurrency projects.
Key Stats:
The portfolio covers more than 250 projects from more than 25 countries around the world,The impressive average return on investment of 14x,50% of these projects have gone through comprehensive incubation programs.
Binance Labs' Return on Investment (ROI) Comparison
When we look at Binance Labs' portfolio in general, we see that it consists of projects with excellent returns. Especially when Retail ROI is considered, projects such as MATIC, AXS, EGLD, SAND, ARKM, LISTA, ID, GMT, EDU, and CTSI stand out with their very high ROI.
This chart also shows that the 2019-2022 period launches (other than Arkham, Lista DAO, ID, and EDU) have shown higher investment performance... I think the overall uptrend of the market in this period and Binance's strong ecosystem also had a big impact.
Comparing All-Time Highs (ATH) of Projects in Binance Labs' Portfolio
Until early 2022, the projects in the portfolio showed a generally positive outlook. However, the Binance Labs portfolio seems to have been negatively affected by the deterioration of the overall cryptocurrency market conditions in late 2022 and 2023 to the present.
Taking a long-term view, Binance Labs has a successful portfolio. While many projects are well below ATH levels, they still have significant volume and valuations (GMT, ALICE, ALPHA, FINE, HIGH, ONE, etc.).
Fluctuations in the Value of Coins in Binance Labs' Portfolio
Binance Labs usually invests in quality early-stage projects. The chart below shows the price fluctuations of 10 of these projects over the years.
Given the market volatility over the last five years, it may make sense to follow the projects in Binance Labs' portfolio. In the short term, I think the projects in the portfolio will react to market conditions, but in the long term, quality projects will always be at the forefront.
Part 2: Rango Exchange: Cross-Chain Solutions for a Decentralized Future
Binance Labs' investment in #Rango Exchange represents a pivotal moment in the evolution of decentralized finance (DeFi). As a cross-chain decentralized exchange (DEX) and bridge aggregator, Rango is the most important solution in the cross-chain ecosystem. Rango aims to process more than 90% of the cross-chain DeFi volume in the future, covering all major blockchains in the crypto market.
Why Rango is Important to Binance Labs
Interoperability: Rango's cross-chain capabilities address the growing need for seamless interaction between different blockchain networks
Web3 Adoption: Rango accelerates Web3 adoption by simplifying cross-chain transactions, making DeFi accessible to a wider audience.Strategic Alignment: This investment strengthens Binance's commitment to the multi-chain ecosystem, positioning it as a leader in cross-chain innovation.Improved DeFi Accessibility: Rango's integration with popular wallets and dApps enables the expansion of access to DeFi services to millions of users.
Part 3: Rango User Guide: Step-by-Step Process Bridging and User Experience
Rango's user-friendly interface and extensive blockchain support make it an ideal platform for both new and experienced users. Let's take a closer look at how to use Rango.
Especially for new users, I have prepared an infographic with screenshots of how to use the platform. If you follow the steps in this infographic, you will be able to complete your first transactions on the platform much faster and smoother. Now, I would like to share my insights from the testing phase.
When we open the application from the link https://app.rango.exchange/, a simple and familiar interface welcomes us. As an experienced user, I had no difficulty in figuring out where to set slippage settings, how to connect the wallet, and where to select the network and tokens for swaps and bridging.
When I tested the swap, the listing of options in the Routes window was quite detailed for a user like me who always prefers to do low-cost operations and put speed on the back burner. Inevitably, I felt the need to examine the list until the end and still selected the recommended option and started the process. But then I realized that there were options in the upper right part of the window and the suggestions would be listed according to my preference. I proceeded with these preferences in my next process.
Maybe it was just me because I was using the Metamask wallet during this test, but the metamask window stuck on every confirmation screen. Especially the transaction limit and the confirmation window after it did not open automatically. Since I saw a warning on the metamask application, I opened the window myself and confirmed. By the way, both my browser and Metamask versions are up to date.
Despite these minor glitches, my Linea to Avalanche bridging process went smoothly and quickly. I did the same with an Ethereum to Arbitrum swap, and it was much faster with a fraction of the estimated transaction time and cost. I'll also give you another little tip. After connecting your wallet to the application, if you examine your wallet details on the top right of the screen, you will be done with the problem of "Which token from which network can I swap". I like this feature and I'm sure it will save time for all users.
In conclusion; Rango, strengthened by Binance Labs' investment, seems to have the potential to make life easier for users in the multi-chain finance world and unlock the potential of DeFi. As a user, I can personally say that I will be doing more transactions on Rango from now on.
Sources:
CryptoRankCoinMarketCapRango Exchange UpdatesBinance Blog
Discovering Omni Network
Today, I would like to introduce you to a relatively new token called @OMNI Network Please note that this is not investment advice, just my personal opinion.
Omni Network [ $OMNI ) launched in April and is traded on several exchanges, including #Binance with pairs such as $BTC and #USDT From my observations, their only missing feature is not having an active community strength towards the project, which can be improved through #SocialMining contributions. They are giving the token more recognition in the crypto space with noticeable stats from @DAO Labs
Now, let's look at the technical details of the Omni token:
Omni Network ( #OMNI ):
▪️Purpose and Function:
Omni Network is a layer 1 blockchain designed to address fragmentation within the #Ethereum ecosystem. While Ethereum scales through isolated execution environments known as rollups, Omni Network is a unifying layer connecting these disparate ecosystems.
▪️Features:
- Unifying Layer: Enables developers to create global applications with default access to Ethereum's liquidity and user base.
- Security and Performance: A network that is natively secure and externally validated.
- Global Compatibility: Ensures global compatibility by unifying different ecosystems.
Omni's Historical Price Levels:
- Omni token, like almost every token listed on Binance launchpad, reached high levels on its launch day and then adjusted according to market conditions. It reached its all-time high (ATH) on April 17, 2024, at $53.81 and saw its lowest level on June 18, 2024, at $12.88. At the time of writing, it is only 10% above its lowest level, indicating potential for an upward trend.
Market Value and Token Unlocking:
- Currently, its market value is approximately $147,270,000. The token unlocks are spread out until 2028, which is a positive aspect, as it prevents inflation issues with no massive monthly token releases.
- Token Distribution (According to CMC data):
- Investors: 36.69%
- Team: 40.41%
- Advisors: 5.94%
- Public Launch: 16.95%
Omni Network stands out with its promising features and strategic token distribution.
Omni Network [ $OMNI ) launched in April and is traded on several exchanges, including #Binance with pairs such as $BTC and #USDT From my observations, their only missing feature is not having an active community strength towards the project, which can be improved through #SocialMining contributions. They are giving the token more recognition in the crypto space with noticeable stats from @DAO Labs
Now, let's look at the technical details of the Omni token:
Omni Network ( #OMNI ):
▪️Purpose and Function:
Omni Network is a layer 1 blockchain designed to address fragmentation within the #Ethereum ecosystem. While Ethereum scales through isolated execution environments known as rollups, Omni Network is a unifying layer connecting these disparate ecosystems.
▪️Features:
- Unifying Layer: Enables developers to create global applications with default access to Ethereum's liquidity and user base.
- Security and Performance: A network that is natively secure and externally validated.
- Global Compatibility: Ensures global compatibility by unifying different ecosystems.
Omni's Historical Price Levels:
- Omni token, like almost every token listed on Binance launchpad, reached high levels on its launch day and then adjusted according to market conditions. It reached its all-time high (ATH) on April 17, 2024, at $53.81 and saw its lowest level on June 18, 2024, at $12.88. At the time of writing, it is only 10% above its lowest level, indicating potential for an upward trend.
Market Value and Token Unlocking:
- Currently, its market value is approximately $147,270,000. The token unlocks are spread out until 2028, which is a positive aspect, as it prevents inflation issues with no massive monthly token releases.
- Token Distribution (According to CMC data):
- Investors: 36.69%
- Team: 40.41%
- Advisors: 5.94%
- Public Launch: 16.95%
Omni Network stands out with its promising features and strategic token distribution.
Pessimistic Proof
Polygon's AggLayer has gained significant attention following the announcement of Pessimistic Proof. Polygon values this topic so much that it has created several related tasks on the #PolygonHub #MATIC✅
The #SocialMining members at @DAO Labs have started to investigate and announce the topic thoroughly.
So, what is Pessimistic Proof?
Pessimistic Proof is a security mechanism offered by #Polygon AggLayer that provides cryptographic security in cross-chain transactions. Here are the details on how it works:
1. Unified Bridge:
- AggLayer aims to scale liquidity, users, and states by combining rollup chains in the Ethereum ecosystem.
- The unified bridge connects chains like OKX's X Layer, Astar zkEVM, and Polygon zkEVM to #Ethereum This ensures seamless asset transfers between L2 chains.
2. Security Issue:
- The security risk increases as AggLayer expands by incorporating different chains into the unified bridge.
- A security vulnerability in any chain could impact the entire bridge.
3. Pessimistic Proof:
- Pessimistic Proof treats all chains as insecure and incompatible with each other.
- It constantly audits whether the chains provide accurate information about the deposited assets.
- This way, a security issue in one chain does not affect the others.
4. Conclusion:
- Pessimistic Proof ensures cross-chain security and prevents one chain from risking the funds of others.
- AggLayer maintains the security guarantees of each chain while ensuring the security of all chains on the unified bridge. 🛡️🌐
The #SocialMining members at @DAO Labs have started to investigate and announce the topic thoroughly.
So, what is Pessimistic Proof?
Pessimistic Proof is a security mechanism offered by #Polygon AggLayer that provides cryptographic security in cross-chain transactions. Here are the details on how it works:
1. Unified Bridge:
- AggLayer aims to scale liquidity, users, and states by combining rollup chains in the Ethereum ecosystem.
- The unified bridge connects chains like OKX's X Layer, Astar zkEVM, and Polygon zkEVM to #Ethereum This ensures seamless asset transfers between L2 chains.
2. Security Issue:
- The security risk increases as AggLayer expands by incorporating different chains into the unified bridge.
- A security vulnerability in any chain could impact the entire bridge.
3. Pessimistic Proof:
- Pessimistic Proof treats all chains as insecure and incompatible with each other.
- It constantly audits whether the chains provide accurate information about the deposited assets.
- This way, a security issue in one chain does not affect the others.
4. Conclusion:
- Pessimistic Proof ensures cross-chain security and prevents one chain from risking the funds of others.
- AggLayer maintains the security guarantees of each chain while ensuring the security of all chains on the unified bridge. 🛡️🌐
You are absolutely right. Many major tokens like #MATIC are at the same levels as they were a year ago. However, I believe that when altcoins start to recover, their rise will be swift.
In social mining, converting points to tokens at the right time is also crucial. 1 point is worth 1 cent. If you convert your points to tokens when the token price is low, you can get more tokens. Or it could be the other way around. This requires some trader’s intuition. 🙂🥰
In social mining, converting points to tokens at the right time is also crucial. 1 point is worth 1 cent. If you convert your points to tokens when the token price is low, you can get more tokens. Or it could be the other way around. This requires some trader’s intuition. 🙂🥰
LIVEDAO Labs
--
Bear Market Brings Joy to Social Miners: A Personal Success Story
Over the last week, cryptocurrency prices have fallen for dozens of reasons, such as profit realisations, low expectations, and the summer recession in the crypto market. There are dull days ahead for cryptocurrency enthusiasts. So, have the falling cryptocurrency prices affected the miners who have gained $MATIC , $AVAX , $KAVA , #WAX , and #TON by participating in @DAO Labs ' #SocialMining activities?
Of course, they were impressed too!
With the points they have obtained from awareness activities, they can now swap almost 2 times more tokens!
Please, the token holders, don't be mad at me.
However, social miners can make more profitable swaps during such down periods because they mine tokens with their labor.
If you ask veteran social miners, they can tell many fireside stories about the excellent bear season earnings!
I want to show you the proof of what I have written.
Today, I have 3264 points on @Polygon Hub.
I also had 3200 points last December, and I converted my points to MATIC tokens at the marketplace. Then, MATIC price was $0.90, and I was able to get 35 MATIC with my 3200 points.
Today, I'm also converting MATIC of 3200 points.
Look, you can see it below. I was able to get 55 MATICs with my 3200 points.
I will soon have another 55 MATIC coins in my wallet. It was a good trade. Right?
Of course, they were impressed too!
With the points they have obtained from awareness activities, they can now swap almost 2 times more tokens!
Please, the token holders, don't be mad at me.
However, social miners can make more profitable swaps during such down periods because they mine tokens with their labor.
If you ask veteran social miners, they can tell many fireside stories about the excellent bear season earnings!
I want to show you the proof of what I have written.
Today, I have 3264 points on @Polygon Hub.
I also had 3200 points last December, and I converted my points to MATIC tokens at the marketplace. Then, MATIC price was $0.90, and I was able to get 35 MATIC with my 3200 points.
Today, I'm also converting MATIC of 3200 points.
Look, you can see it below. I was able to get 55 MATICs with my 3200 points.
I will soon have another 55 MATIC coins in my wallet. It was a good trade. Right?
DAO Labs' Social Mining hub hosts blockchain enthusiasts from all over the world. This community shares a common interest in blockchain technology, bringing together people from diverse cultures and backgrounds to work collaboratively on projects and raise awareness. 🌍✨
Now, let's talk about the achievements of one of the community's rare flowers, Victoria Flores 🌸
Victoria Flores, a blockchain enthusiast from Venezuela, radiates the warmth and brilliance of the tropics. After working as an executive assistant for many years, she stumbled upon #DAOLabs on Twitter and stepped into the world of social mining. Quickly rising in this field, Victoria has become an essential member of the community. 🌟
Victoria owes her success in social mining to her commitment to continuous learning and self-improvement. She strengthens her mining skills daily, adding value to DAO Labs' projects. Her motivation extends beyond earning cryptocurrencies; she aims to contribute to the community and inspire other miners. 📚💪
By offering unconditional support to her community and reaping the benefits of collaboration, Victoria advises new social miners to be persistent, infuse love into their work, and keep learning. Her approach has garnered great appreciation within the community and serves as an inspiration to many. 🌟
Victoria's success exemplifies the power of passion, dedication, and community support, providing a model for all social miners. And with these efforts, she continues to earn #USDT #MATIC✅ #KAVA and #WAXP
You can find Victoria in the DAO Labs Global Telegram group, supporting her fellow miners or asking for support for a new tweet 👩💻💬
If you are interested in the blockchain world and want to be part of a global community, join DAO Labs. Here, you can connect with passionate and supportive people and grow together. 💫
Now, let's talk about the achievements of one of the community's rare flowers, Victoria Flores 🌸
Victoria Flores, a blockchain enthusiast from Venezuela, radiates the warmth and brilliance of the tropics. After working as an executive assistant for many years, she stumbled upon #DAOLabs on Twitter and stepped into the world of social mining. Quickly rising in this field, Victoria has become an essential member of the community. 🌟
Victoria owes her success in social mining to her commitment to continuous learning and self-improvement. She strengthens her mining skills daily, adding value to DAO Labs' projects. Her motivation extends beyond earning cryptocurrencies; she aims to contribute to the community and inspire other miners. 📚💪
By offering unconditional support to her community and reaping the benefits of collaboration, Victoria advises new social miners to be persistent, infuse love into their work, and keep learning. Her approach has garnered great appreciation within the community and serves as an inspiration to many. 🌟
Victoria's success exemplifies the power of passion, dedication, and community support, providing a model for all social miners. And with these efforts, she continues to earn #USDT #MATIC✅ #KAVA and #WAXP
You can find Victoria in the DAO Labs Global Telegram group, supporting her fellow miners or asking for support for a new tweet 👩💻💬
If you are interested in the blockchain world and want to be part of a global community, join DAO Labs. Here, you can connect with passionate and supportive people and grow together. 💫
LIVEDAO Labs
--
Victoria Flores: A Beacon of Passion in DAOVERSE
This article was inspired by the story of SMOTH's latest guest, Victoria Flores.
DAOVERSE, ' hub, is home to blockchain enthusiasts from all corners of the world.
They share a common belief in blockchain technology and cryptocurrency, creating a colorful, energetic, and loving environment in a mosaic of different races, religions, languages, and cultures from different continents around the world.
This beautiful community, brought together by a passion for blockchain, supports DAO Labs' idea of social mining and works with the community to raise awareness in the Social Mining Hubs of DAO Labs projects. Project teams support Social Miners' work with token rewards. social miners earn $TONs for their labor. miners earn , and #KavaHub miners earn . Hub earns for their awareness work, and members receive $WAXP.
Social miners are rewarded on , DAO Labs' Hub for their work in $USDT because DAOVERSE's token has not yet been minted.
Before I introduce Victoria, who inspired this article, I would like to introduce you to a weekly event that miners are eagerly awaiting. In the social event, which we call SMotH for short, we learn the social mining story of a successful miner who adds value to the community with her contributions, the adventure that brought her to our community, and her advice to social miners. Amara is hosting this event, which miners are eagerly awaiting. She has an infectious cheerfulness. It's really hard to be sad around her. Her positive energy puts her guests at ease and adds a special color to the conversation with her jokes.
Now I'd like to introduce the star of my article.
Victoria Flores! Every miner in our community has a unique story. But some of us are really like rare flowers.
Our Victoria Flores is one of those rare flowers. She joins the community from South America. Venezuelan Victoria. And she has all the warmth and sparkle of the tropics. She lights up the group.
A hardworking, intelligent, and determined personality with a big heart defines our tropical Latin American flower. Victoria, who joined our telegram group with a DAO Labs tweet she stumbled upon on Twitter; and then realized that she was born as a social miner and took her place in the community, is getting stronger every day by improving her mining skills. As an administrative assistant for many years, Victoria's motivation stems from her passion for social mining.
One of the most important reasons for its development is its unconditional support to the miners in its community. She has benefited from all the blessings of working together while supporting her community.
Victoria advises new social miners to stay persistent, put love into their work, and constantly learn.
Victoria Flores' story inspires all aspiring social miners, exemplifying the impact of passion, commitment, and community support in Social Mining.
Let's take a look at what this dedicated Venezuelan miner has achieved in her work, which is more focused on learning.
For a closer look into Victoria Flores's life, please read the conversation article compiled by Amara on our blog.
https://www.daolabs.com/posts/the-roaring-kitty-of-social-mining
If you're curious about Victoria, I'm willing to bet you'll see her on the DAO Labs Global Telegram either supporting a fellow miner or sharing a message asking her friends to support her new tweet...
https://t.me/DaoLabs
DAOVERSE, ' hub, is home to blockchain enthusiasts from all corners of the world.
They share a common belief in blockchain technology and cryptocurrency, creating a colorful, energetic, and loving environment in a mosaic of different races, religions, languages, and cultures from different continents around the world.
This beautiful community, brought together by a passion for blockchain, supports DAO Labs' idea of social mining and works with the community to raise awareness in the Social Mining Hubs of DAO Labs projects. Project teams support Social Miners' work with token rewards. social miners earn $TONs for their labor. miners earn , and #KavaHub miners earn . Hub earns for their awareness work, and members receive $WAXP.
Social miners are rewarded on , DAO Labs' Hub for their work in $USDT because DAOVERSE's token has not yet been minted.
Before I introduce Victoria, who inspired this article, I would like to introduce you to a weekly event that miners are eagerly awaiting. In the social event, which we call SMotH for short, we learn the social mining story of a successful miner who adds value to the community with her contributions, the adventure that brought her to our community, and her advice to social miners. Amara is hosting this event, which miners are eagerly awaiting. She has an infectious cheerfulness. It's really hard to be sad around her. Her positive energy puts her guests at ease and adds a special color to the conversation with her jokes.
Now I'd like to introduce the star of my article.
Victoria Flores! Every miner in our community has a unique story. But some of us are really like rare flowers.
Our Victoria Flores is one of those rare flowers. She joins the community from South America. Venezuelan Victoria. And she has all the warmth and sparkle of the tropics. She lights up the group.
A hardworking, intelligent, and determined personality with a big heart defines our tropical Latin American flower. Victoria, who joined our telegram group with a DAO Labs tweet she stumbled upon on Twitter; and then realized that she was born as a social miner and took her place in the community, is getting stronger every day by improving her mining skills. As an administrative assistant for many years, Victoria's motivation stems from her passion for social mining.
One of the most important reasons for its development is its unconditional support to the miners in its community. She has benefited from all the blessings of working together while supporting her community.
Victoria advises new social miners to stay persistent, put love into their work, and constantly learn.
Victoria Flores' story inspires all aspiring social miners, exemplifying the impact of passion, commitment, and community support in Social Mining.
Let's take a look at what this dedicated Venezuelan miner has achieved in her work, which is more focused on learning.
For a closer look into Victoria Flores's life, please read the conversation article compiled by Amara on our blog.
https://www.daolabs.com/posts/the-roaring-kitty-of-social-mining
If you're curious about Victoria, I'm willing to bet you'll see her on the DAO Labs Global Telegram either supporting a fellow miner or sharing a message asking her friends to support her new tweet...
https://t.me/DaoLabs
WAX Blockchain: Innovation for Recognition and Growth in the Crypto World
WAX Blockchain is a blockchain network that was launched in 2017 and aims to make e-commerce transactions faster, simpler and safer. Initially built on Ethereum, WAX later transitioned to its blockchain. Using the Delegated Proof-of-Stake (DPoS) consensus mechanism, it can operate without the need for miners, thus offering low transaction fees to its users.
WAX describes itself as the ‘King of NFTs’ and aims to become the largest peer-to-peer (P2P) trading platform for digital goods such as games and in-game items. For example, Alien Worlds, one of the popular NFT projects, runs on the WAX blockchain. Users can create various decentralized applications (dApps), buy and sell NFTs, and play games through WAX.
WAXP functions as the native cryptocurrency of the WAX platform and has various use cases within the network. Users can use the #WAXP coin to list items for sale, perform instant transactions, transfer and organize the transfer of virtual assets such as NFTs and tokens. In addition, $WAXP has a staking feature and users can earn additional token rewards by locking their assets.
About 13 months ago, WAX collaborated with DAO Labs to open the WAX Hub and put social miners behind it. With this collaboration, WAX started to be recognized and grow faster.
So how did this happen? Is recognition so important?
Yes, it is very important. Even the world's largest companies, the most well-known brands, spend millions of dollars every year on advertising.
However, in the cryptocurrency market, companies prioritize recognition within that market. At this point, DAO Labs comes into play. Thousands of social miners in its organization use social media to spread information about companies and innovations. Thus, announcements and developments are rapidly spread and heard on social media.
In WAX Hub, there is a level system. New users receive a total of 1 rep when they complete five basic tasks and advance to LVL2. In this way, they can vote on tasks completed by other miners on the community board, which earns additional points for the task completers.
Now I would like to give you some statistical information covering these 13 months.
In 13 months, the number of social miners registered to WAX Hub is 3,262.
1,571 X addresses were registered to the Hub.
These miners collected 3,994,530 points, worth $39945.
In addition to this total reward, various NFTs and raffle tickets were also distributed across different tasks.
In total, 128 tasks were created and 11,264 tasks were submitted.
During these 13 months, social miners made 80,920 reposts (formerly RT) from the WAX X account. The ratio of this number to the total number of reposts is 56.61%. In other words, approximately one out of every 2 reposts was made by Hub participants.
There were 19,643 unique tweets about WAX. And these tweets received nearly 30 million impressions.
If you want more detailed information, you can refer to the table below.
As you can see in the graph below, 75% of the reposts made from the WAX x account in December were made by hubbers.
These figures show how much social mining can contribute to a project.
While companies focus on development, social miners do promotion and announcement work.
In this sense, DAO Labs offers great opportunities for both companies and content producers who want to earn additional income.
And finally, I also want to display some data from successful miners.
Through its robust platform and commitment to fostering a thriving ecosystem, WAX has positioned itself as a leader in facilitating efficient e-commerce transactions and pioneering the NFT marketplace. With the collaborative efforts of DAO Labs and the dedication of social miners within the WAX Hub, the platform has gained recognition and experienced significant growth. This underscores the importance of visibility and community engagement in the cryptocurrency market. As we reflect on the achievements of these past months and the invaluable contributions of social miners, it becomes evident that their efforts play a pivotal role in shaping the success of projects like WAX.
WAX describes itself as the ‘King of NFTs’ and aims to become the largest peer-to-peer (P2P) trading platform for digital goods such as games and in-game items. For example, Alien Worlds, one of the popular NFT projects, runs on the WAX blockchain. Users can create various decentralized applications (dApps), buy and sell NFTs, and play games through WAX.
WAXP functions as the native cryptocurrency of the WAX platform and has various use cases within the network. Users can use the #WAXP coin to list items for sale, perform instant transactions, transfer and organize the transfer of virtual assets such as NFTs and tokens. In addition, $WAXP has a staking feature and users can earn additional token rewards by locking their assets.
About 13 months ago, WAX collaborated with DAO Labs to open the WAX Hub and put social miners behind it. With this collaboration, WAX started to be recognized and grow faster.
So how did this happen? Is recognition so important?
Yes, it is very important. Even the world's largest companies, the most well-known brands, spend millions of dollars every year on advertising.
However, in the cryptocurrency market, companies prioritize recognition within that market. At this point, DAO Labs comes into play. Thousands of social miners in its organization use social media to spread information about companies and innovations. Thus, announcements and developments are rapidly spread and heard on social media.
In WAX Hub, there is a level system. New users receive a total of 1 rep when they complete five basic tasks and advance to LVL2. In this way, they can vote on tasks completed by other miners on the community board, which earns additional points for the task completers.
Now I would like to give you some statistical information covering these 13 months.
In 13 months, the number of social miners registered to WAX Hub is 3,262.
1,571 X addresses were registered to the Hub.
These miners collected 3,994,530 points, worth $39945.
In addition to this total reward, various NFTs and raffle tickets were also distributed across different tasks.
In total, 128 tasks were created and 11,264 tasks were submitted.
During these 13 months, social miners made 80,920 reposts (formerly RT) from the WAX X account. The ratio of this number to the total number of reposts is 56.61%. In other words, approximately one out of every 2 reposts was made by Hub participants.
There were 19,643 unique tweets about WAX. And these tweets received nearly 30 million impressions.
If you want more detailed information, you can refer to the table below.
As you can see in the graph below, 75% of the reposts made from the WAX x account in December were made by hubbers.
These figures show how much social mining can contribute to a project.
While companies focus on development, social miners do promotion and announcement work.
In this sense, DAO Labs offers great opportunities for both companies and content producers who want to earn additional income.
And finally, I also want to display some data from successful miners.
Through its robust platform and commitment to fostering a thriving ecosystem, WAX has positioned itself as a leader in facilitating efficient e-commerce transactions and pioneering the NFT marketplace. With the collaborative efforts of DAO Labs and the dedication of social miners within the WAX Hub, the platform has gained recognition and experienced significant growth. This underscores the importance of visibility and community engagement in the cryptocurrency market. As we reflect on the achievements of these past months and the invaluable contributions of social miners, it becomes evident that their efforts play a pivotal role in shaping the success of projects like WAX.
