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😍A Potential Game Changer for Crypto Investors Imagine buying a piece of a rapidly growing tech company, but instead of a stock on the New York Stock Exchange, it's a cryptocurrency like Solana (SOL). That's the basic idea behind a Solana ETF, and it could be a game changer for investors looking to jump on the crypto bandwagon.
😁What's an ETF? Think of an ETF (Exchange-Traded Fund) as a basket of investments that trades like a single stock. Just like a mutual fund, it pools money from many investors and uses it to buy various assets.
😳So, a Solana ETF? A Solana ETF would hold Solana tokens (SOL), the digital currency that fuels the Solana blockchain network. By buying shares in the ETF, you'd be indirectly investing in Solana, hoping its value increases.
🥶Why is this a game changer? Currently, buying cryptocurrency can be a bit intimidating for some folks. There are exchanges to navigate, security concerns, and the whole process can feel a bit like the Wild West. ETFs offer a familiar and regulated way to get involved. Imagine buying Solana on a platform you already use for stocks, just like buying shares of Apple or Tesla.
But wait, there's more!
😇Solana ETFs could also boost the entire crypto market. Here's how:
👇Increased Interest: Easier access through ETFs could bring in a new wave of investors, boosting demand for SOL and potentially other cryptocurrencies.
👉Credibility Boost: Regulatory approval of a Solana ETF would signal a growing acceptance of cryptocurrencies by traditional financial institutions. This could legitimize the market in the eyes of some investors who might have been hesitant before.
🚀Price Stability: ETFs can help smooth out price fluctuations, making Solana a more attractive investment for those wary of crypto's volatility.
Is it a sure thing?
Not quite. Just like any investment, there are risks. Solana ETFs are still new, and the SEC hasn't approved any yet in the US (as of June 2024). $SOL
First Check your eligibility: https://www.layerzero.foundation
Some wallets still need to be excluded. As they are removed over the next 48 hours, your final allocation may increase slightly but will not decrease.
👉So Layer Zero has opted to Give the People Airdrops Based on the Transactions and Amount of Fee They Spent!
😎Which Ideally makes it fair for the people who actually paid hefty fee and were doing it with good money for rewards. Which Layer Zero was aware of and they patterned down a system where even if the smallest transaction was done on their ecosystem they gave at least something to even that guy!
😍Which makes LayerZero Not hated by people because layerzero did took care of even the smallest investor and enthusiast who was part of their development journey!
🤬Whereas ZkSync did not appreciate it at all!
They made the poor poorer and Rich Richer by Spilling 100k+ Tokens to the Creators Mostly!
This is why I believe ZRO is going to be a better ecosystem with better reputation in the market in the Long Run!
That's a Wrap! If you liked it, Do not forget to leave a like and Follow us!
👉The biggest advantage of getting Over Social Media for Hamster KOMBAT is set to become CURSE for its users because QUANTITY KILLS The REWARDS!
👉Secondly: The people who are farming the projects largely trying to accumulate as much coins as possible where the main criteria for the Airdrop is rumoured to be of PROFiT PER HOUR !!
So if you are farming hamster kombat then be careful!
Only way to make good profit would be
🚀TO FAARM IT AAS MANY DEVICEs as possible
or
🤡Try not to spend too much time on this.
I am going to POST Another PROJECT which is TAP to EARN and has better potential to give you profits!
Make this post reach 100 Likes and I will DROP THE PROJECT in detail!!!
How to Earn Incentives for TESTING SUI BRIDGE? Complete Guide!
$SUI Bridge Goes Live on Testnet with Incentive Program !!
How to Guide on how to be test the SUI Bridge to be eligible for Incentives!!
What is Sui Bridge? Sui Bridge is a native protocol designed for seamless and secure asset and data transfers between Ethereum and Sui. It serves as a crucial component of Sui’s infrastructure.
How does it work? Leveraging Sui’s inherent security and speed, Sui Bridge allows effortless transfers of assets like ETH, wBTC, USDC, and USDT.
Why is it important? Bridging options like Sui Bridge enhance DeFi ecosystems by promoting interoperability between different blockchains, improving liquidity, and expanding digital asset utility.
Security: Unlike third-party bridges, Sui Bridge relies on Sui network validators, ensuring trust and reliability.
Testing Incentives: To celebrate the Testnet launch, an incentive program offers 100,000 SUI to users who contribute to testing and improving Sui Bridge1.
Feel free to explore Sui Bridge and its benefits! 😊
Certainly! Here’s a step-by-step guide on how to bridge assets from Ethereum Sepolia to Sui Testnet using the Sui Bridge:
Here's a step-by-step guide on how to bridge assets from Ethereum Sepolia to Sui Testnet using the Sui Bridge:
1. Access the Sui Bridge Web Interface: - Visit the Sui Bridge Testnet web interface. - Connect both an Ethereum wallet and a Sui wallet. You can also manually enter the destination chain address if needed. 2. Obtain Testnet Tokens: - Request Testnet tokens from a specific faucet for the respective network (Sepolia or Sui Testnet). - Google Cloud offers an Ethereum Sepolia Testnet faucet, and Sui Wallet provides a simple one-click process to claim Testnet SUI tokens (available in both mobile and browser extension versions). - Refer to the Sui documentation for additional methods to obtain Testnet SUI tokens. 3. Supported Tokens on Sui Bridge Testnet: - Sui Bridge supports the following tokens: - Native Sepolia Ethereum - Wrapped ETH (WETH) - Wrapped BTC (WBTC) - USDC - USDT 4. Bridge the Asset: - To bridge an asset from Ethereum Sepolia to Sui Testnet, follow these steps: - For native Sepolia Ethereum, use the appropriate faucet. - For Wrapped ETH (WETH), go to Etherscan, navigate to the "Contract" -> "Write Contract" tab, connect to Web3, and write a "deposit" transaction to wrap native Sepolia Ethereum into WETH. - For WBTC, USDC, or USDT, go to Etherscan, navigate to the "Contract" -> "Write Contract" tab, connect to Web3, and write a mint transaction to obtain tokens. Note the decimal places for each token (WBTC: 8, USDC and USDT: 6).
5. Test Bridging Tokens: - Select a token (e.g., Wrapped ETH) and enter the desired amount to bridge. - Click "Bridge" to initiate the transfer from Ethereum Sepolia to Sui Testnet.
6. Approve the Transaction: - After initiating the bridging transaction from your wallet, you'll be redirected to the transaction details page. - Monitor the progress of the transfer, which may take around 10 minutes due to Ethereum's probabilistic finality.
7. Automatic Token Delivery (Most Cases): - Once Ethereum finalizes the transaction, bridged tokens are typically sent directly to recipient addresses on Sui Testnet. - Recipients usually don't need to manually claim tokens. However, in some edge cases, manual claiming may be necessary via the user interface.
8. Testing Behavior During Incentives Program: - During the incentives program, scenarios may intentionally be augmented to test different behaviors. - Observe how tokens are delivered and whether manual claiming is required.
9. Bridging from Sui Testnet to Ethereum Sepolia: - Click the switch button in the middle of the form to change the direction. - Select the assets that arrived at your Sui Testnet address. - Bridge them back to Ethereum Sepolia (the amount doesn't matter) by submitting the initialization transaction.
10. Claiming Assets on Ethereum Sepolia: - After bridging back, users can instantly claim their assets on Ethereum Sepolia. - Use the "Claim" button on the interface to initiate the second transaction. - Note that in some edge cases, recipients may need to wait before claiming the token.
Here's a concise summary and step-by-step guide for participating in the Sui Bridge Testnet:
Summary: - Purpose: The Sui Bridge Testnet helps create a secure and efficient bridge between Ethereum Sepolia and Sui. - Benefits: Participants contribute to a smoother transition when the bridge goes live on Sui Mainnet. - Community Engagement: Join the testing process and provide feedback.
Step-by-Step Guide: 1. Access Sui Bridge Testnet: - Visit the Sui Bridge Testnet web interface. - Connect your Ethereum and Sui wallets. 2. Obtain Testnet Tokens: - Request Testnet tokens from specific faucets (Sepolia or Sui Testnet). - Use Google Cloud or Sui Wallet for easy token acquisition. 3. Supported Tokens: - Sui Bridge supports native Sepolia Ethereum, Wrapped ETH (WETH), Wrapped BTC (WBTC), USDC, and USDT. 4. Bridge from Sepolia to Sui: - Choose a token and enter the desired amount. - Click "Bridge" to initiate the transfer (around 10 minutes). 5. Automatic Token Delivery: - In most cases, tokens are sent directly to recipients on Sui Testnet. - Manual claiming may be necessary in some edge cases. 6. Bridging Back to Ethereum Sepolia: - Switch the direction in the form. - Bridge assets back to Ethereum Sepolia (amount doesn't matter). - Use the "Claim" button to retrieve tokens. Remember, this process helps improve the bridge and prepares for its Mainnet launch! 😊.
Why $Ath can be the next 10x coin! Let's Find out!
👉Decentralized GPU Cloud Infrastructure: Aethir is building the world’s largest decentralized GPU cloud infrastructure. Unlike centralized providers, Aethir distributes computing resources across the network, ensuring efficient service at the network’s edge1.
👉ATH Token: Aethir’s upcoming ATH token isn’t just another cryptocurrency. It serves as a gateway into the Aethir DePIN stack, enabling access to decentralized cloud services. ATH will be tradeable on exchanges, but its utility extends beyond trading1.
👉Aethir Cloud Drop: To create a vibrant Web 3.0 community, Aethir is distributing ATH tokens through the Aethir Cloud Drop campaign. Participants earn allocations by completing quests and acquiring community badges. Over 500,000 participants are already engaged1.
👉Post-TGE Trajectory: Aethir’s journey continues after the token generation event (TGE). The focus remains on community engagement, decentralization, and democratizing GPU cloud computing1.
🚀In summary, Aethir’s commitment to decentralization, innovative infrastructure, and community involvement positions it for exponential growth in the coming years1. 🚀