Binance Staked SOL (BNSOL) represents your staked SOL plus the staking rewards received, in a tradable and transferable form. Ordinary staking would lock up your staked assets, which means you cannot use them for other purposes – it increases a user's opportunity cost.
In contrast, BNSOL provides flexibility to sell, transfer, or use the staked SOL position. You can even move BNSOL to a personal wallet and use it outside the Binance platform whilst still earning rewards. BNSOL accumulates staking rewards through the BNSOL - SOL conversion rate, even when it is used in other Binance products or external DeFi applications for additional yield opportunities.
Everything about BNSOL looks promising considering the above mentioned. The potential for this coin reaching above $1000 and above sharply cannot be overemphasized considering the circulating supply and what it offers - flexibility of transfer, sell or use staked tokens whiles earning rewards. It's like eating your cake and still have it .
Note: This is not a financial advise or whatsoever # Price $153.61 Market Cap $103,327,011.96 Current Supply 672,658.10 Holders 1,855
Zcash is private, fast, and accessible for everyone. Use your mobile phone or computer to privately pay a friend, send money overseas, buy groceries, or send a donation to a worthy cause.
Zcash despite showing promises have remained at a low price $ZEC albeit stable. This carries a big question as every indication points to an excellent project, reasonable supply and rewarding use cases.
Can you imagine if Zcash receives the same attention as PNut or any of the popular meme coins? What would be the value for all coin holders. Below are some torchlights pointing to a potential breakout coming Q1.
1. Trends after 2020 US elections and inauguration. The highest Zcash ever achieved ($5k+) was in 2021 after the two occasions above. This was even in an uncertain moments where the market was not even sure of how cryptocurrency is going to be handled by the new administration. Conversely , the expectations looks better with Trumps administration knowing the incoming administration pronouncements on crypto. If not anything at all there will be clarity on crypto and be it regulated or decentralized, adopters of this crypto will be the final beneficiaries.
2. Low Maximum Supply - 21million Max. This means it has the same econometrics as Bitcoin. No need for further explanation.
3. Zcash is listed on more than a dozen exchanges, and every one supports deposits from Zcash shielded addresses. Some of these exchanges also give you the ability to withdraw (send) your Zcash to a shielded address where your balance and transaction history are private.
4. Zcash has excellent real world use cases unlike meme coins. One unique capability is the provision of protection for transaction addresses, protecting users from online threats .
With the above and many more projects to come, Zcash is most likely on a Q1 bull run and we can't be complacent.
This is not a financial advice or whatsoever deem or fits a financial advice#
❗️Our top priority has always been to reward you in ways you deserve the most. With millions of players involved, and several examples of airdrop designs gone wrong in front of us, we are learning from others' mistakes to deliver the best possible outcome.
A few externalities, including ecosystem alignment and listing terms, have been dragging the process for a while. Our goal is to list in the most fitting circumstances when it comes to multiple factors, including ecosystem alignment, best exchanges and an airdrop model that would reward the most loyal users. We'll be giving away 90% of supply to the community. No second seasons. No milking.
💥We are focusing on achieving exactly this — creating the best launch environment and accepting no "Plan B".
☄️We'll share what we can confirm now:
🗣MemeFi will list on 6 leading CEXes, +1 pending confirmation 🗣The listing is being pushed back to Oct 30th 🗣The eligibility criterium will be the coins amount, but there are going to be multipliers and bonuses from interacting with many aspects of the MemeFi ecosystem, including the Testnet OG's.
The criteria will focus on making you, a loyal MemeFi player, qualify for a maximum allocation consisting of Core + Bonus criteria. We'll slash bots and disqualify any participants that have acquired points in a dishonest matter, increasing the average allocation per user.
The allocation model will be complex, weighted and non-linear to ensure your involvement across our ecosystem is rewarded.
Detailed airdrop criteria will be revealed within the next 10 days in an article. Snapshot has not been taken, and you can continue playing until we have announced the snapshot.
➡️Several major campaigns are to go live next week, and the final countdown towards snapshot will continue throughout the month. Shortly after the snapshot, we will release the airdrop checker followed by TGE.
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
Is Blum a Good Investment?
Blum is an hybrid cryptocurrency exchange making waves with its blend of centralized and decentralized trading features. With rapid user growth, Blum is positioned as a strong contender in the crypto market. Its innovative approach, supporting over 30 blockchain networks and gamifying user engagement, appeals particularly to Gen Z and Millennials.
But remember, the crypto market is known for its volatility. While Blum's unique features and strategic partnerships are promising, it's crucial to do your own research. As with any investment, potential investors should weigh these aspects against their risk tolerance and investment goals.
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