A lot of people are doing BounceBit Megadrop Quest and they are NEW Binance Web3 Wallet users!
#bouncebit #Megadrop #BinanceWeb3Wallet Up to now, more than 14 thousand users have participated in the Bouncebit Megadrop Quest using their Binance Web3 Wallet and TVL has reached 9.7 million USD. The quest opened at 00:00 UTC on April 26, meaning those numbers were reached in just 10 hours (as of press time). So impressive!
The most notable thing here is that, according to TK Research, 60% of the total participants made their first transaction on the BNB chain through the Binance Web3 Wallet, which means that this campaign attracted many users to use the Web3 Wallet on Binance, which can be considered a success for both Bouncebit and Binance Web3 Wallet.
Dashboard link for further information (https://flipsidecrypto.xyz/tkvresearch/bouncebit-megadrop-binance-web3-quest-MTzoq3 )
What are you waiting for? Start creating your Binance Web3 Wallet and complete the quest NOW (cost you only 10$ maximum)
Link: https://www.binance.com/en/megadrop?ref=KCLHB03N How to participate?
Create Binance Web3 Wallet: In Wallet -> Click on Web3 -> Create Wallet Back up with both icloud and QR code
Transfer BNB to Web3 Wallet (for gas) Buy BNB on Binance ExchangeIn Web3 Wallet -> TransferSelect withdrawal amount ($3 should be enough)Confirm
Transfer BTC to Web3 Wallet (Must use BEP20) Buy BTC on Binance ExchangeTransfer in Web3 Wallet → Choose BTC in BEP20 NetworkSelect withdrawal amount (Must receive at least 0.0001 BTC)Confirm
Stake BTCB in Bouncebit In Web3 Wallet -> DiscoverSelect Bouncebit in Trending Dapps -> OpenConnect Wallet -> Stake only 0.0001 BTCB to get points. Stake more will NOT give you more points.If success -> Done
Stake BNB in Simple Earn In Binance Exchange -> MoreChoose Simple Earn -> Select LockedSelect BNB poolChoose any pool from 30D to 120D. More locking period gives more multiplier.Select BNB amount -> Confirm. Do not unstake before the event ends, it will lower your points.
What are you waiting for? Start creating your Binance Web3 Wallet and complete the quest NOW (cost you only 10$ maximum) 👇
Renzo on Binance Launchpool - Price Prediction & Growth Potential!
Another week, another Launchpool and another Restaking project is listed on Binance Launchpool!
With just under 2 minutes, read this post to understand Renzo Protocol and its huge potential in Restaking Narrative - the potentially hottest trend of the year!
I. Renzo Protocol Overview How does it work? Renzo's restaking protocol is designed to offer users access to the EigenLayer ecosystem across various networks including Ethereum, Arbitrum, Linea, Mode, Base, BNB, and OKX L2 chains. This would enable users a chance to skin and have activity on new blockchain for potential airdrop.
Functioning as a liquid staking protocol, Renzo enables users to receive ezETH - Renzo liquid staking tokens by staking ETH on its platform. The APR for staking ETH can be monitored through the growth of ezETH tokens. Initially, the exchange ratio is 1:1, but it appreciates over time based on the platform's promised APR.
Unlike its counterparts, the value appreciation of ezETH tokens is supported not only by rewards from native staking on Ethereum but also from restaking on EigenLayer, potentially leading to higher returns for users. Additionally, the token can be utilized to earn extra APR by providing liquidity into DeFi LP and lending protocols, akin to other ETH staking protocols.
Achievements: $3.3B in Total Value Locked833M EigenLayer Points33.5% Restaking Market ShareTop 10 DeFi protocol by TVL7 Supported Networks250k+ active community members
Fundraising Renzo raised $3.2M in Seed round at the valuation of $25M, led by Maven 11 Capital and participated by OKX Ventures, IOSG, BitScale,....Most recently, Binance Labs invested in Renzo with an disclosed round and raised amount. II. Launchpool & Token Information
Token Name: Renzo (REZ)Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max token supply)Smart Contract Details: EthereumFarming Period: 2024-04-24 00:00 (UTC) to 2024-04-29 23:59 (UTC).Supported Pools: Stake $BNB: 212,500,000 REZ in rewards (85%) Stake $FDUSD: 37,500,000 REZ in rewards(15%)
$REZ Utility:
REZ will be used to vote on governance proposals on matters regarding the Renzo protocol, some of which will be key measures to the operations of the protocol, such as: General risk management frameworksDeposits, collateral assets, and concentration amountsOperator whitelistingActively Validated Services (AVS) whitelistingTreasury and community grant Don’t fade on Renzo, start farming your $REZ now 👇 Join REZ Launchpool Now
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III. Price Prediction & Our POV
Price Prediction
Make a comparison with recent Restaking Project - ETHFI and consider OTC price on Whales Market, we believe $REZ price could be around $0.38 at the listing ATH price and traded mostly around $0.28 - $0.38 with market cap around $280M - $380M Our POV Pros: Restaking Narrative - one of the hottest trend this year Ability to attract a huge amount of potential users and money with 7+ supported network, including chains that haven't released tokens.Strong backing from Tier-1 investorsLow annual token inflation rate in the first year of the token release (4.5%).
Cons: High annual token inflation rate in the second year after release (45%)Possibility of ezETH depeg In our POV, the sell force at the listing date won't be so high due to the long cliff in token allocation of foundation, team and investors. Moreover, for the airdrop distribution, the largest wallets holding greater than 500k ezPoints will be subject to a 50% unlock at TGE and 50% linear vesting over 3 months. Our advice is patiently waiting until the majority of the airdrop tokens are claimed then we can start buying $REZ at the price range of $0.15 - $0.25 and waiting for the Restaking narrative to explode.
Don’t fade on Renzo, start farming your $REZ now 👇 Join REZ Launchpool Now
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Omni Network - Layer 1 Blockchain Built To Connect All Rollups
🔹Spotlights of #OMNI Network
- Omni closed an $18M round from Pantera Capital, Jump Trading, Hashed Fund, The Spartan Group - Total number of transactions processed: 7.5M+ - Total Unique Users: 450K+ - 34 Ecosystem Project - Omni became the first AVS with >$1B of economic security from top LRTs, incl. Ether.fi, KelpDAO, and Swell.
🔹Stake your $BNB and $FDUSD to farm $OMNI tokens. Join OMNI Launch Pool Now!
#OMNILAUNCHPOOL
1/ OMNI Network Overview Omni’s mission is to return Ethereum to its role as a single, unified operating system for decentralized applications. Using Omni, developers can program across multiple Ethereum rollups as if they were working in a single state machine. Applications built with the Omni EVM can exist across all Ethereum rollups by default, allowing developers to integrate all of Ethereum’s liquidity and users into their applications. 2/ $OMNI Tokenomics - Price Prediction OMNI has a maximum supply of 100,000,000 OMNI. The token’s initial circulating supply after the Binance listing will be 10,391,492 OMNI, equivalent to 10.39% of its maximum supply. • Binance Launchpool: 3.50% • Ecosystem fund: 9.5% • Team Foundation: 25.25% • Private Investors: 20.06% • Community Fund: 12.67% • Public Offering: 5.77% • Consultants: 3.25%.
$OMNI Price Prediction The initial supply will be 10,391,492 OMNI. The market cap with a private round entry is around $15 million; Binance Launchpool normally brings 10x–15x; and the recent Launchpool projects’ market cap is around $300M - $500M. In conclusion, the $OMNI price will be around $20 - $25 with a $225–$400 million initial market cap.
3/ Current Roadmap 🔹Q2 2024: • Mainnet launch. • Liquid Restaking Protocol and EigenLayer operator onboarding. • Token Generation Event. • Onboarding the first of the $11B+ commits to deploy xERC20 secured by Omni. Read more of Q3 and Q4 https://www.binance.com/en/research/projects/omni 4/ Business Development Progress 🔹Ethereum L2s Examples: Arbitrum, Optimism, Polygon, Linea, Scroll, zkSync, Mantle, Metis, Base, etc 🔹Liquid Restaking Protocols: EtherFi, Renzo, Puffer, Swell, Kelp, EigenPie, Bedrock, etc. 🔹EigenLayer 🔹Roll Ups-as-a-Service Providers Examples: Conduit, Caldera, Ankr, AltLayer. 🔹Infrastructure Partners Examples: a41, Galaxy, Blockdaemon, Kiln, Ankr, etc. 5/ To read more details of Omni Network (OMNI) Please visit https://www.binance.com/en/research/projects/omni
Don’t fade on Omni Network, participate in the launchpool now 👇 Join OMNI Launchpool Now
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SAGA Protocol - The Complete Web3 Platform, Made For Developers
🔹 Spotlights of #SAGA Testnet
- 1.1M tx/second; 716 blocks/second, up to 15M blocks in 6 hours - Owning Capacity of 1000 Chains, 2000 Validator Node and Running with Capacity of 4000 Validator Node 🔹 Total Raised: $13.5M 🔹 Investors: Ignite, SamSungNext, Polygon, LongHash, Meric Circle, Placeholder, GSR Maven 11. 🔹 Key Features High PerformanceCostless Transactions, Low & Predictable Chain FeesFully AutomatedEasy & Fast InteroperabilityFully Flexible StackElastically Scalable#SAGALAUNCHPOOL
1/ Saga Protocol Overview Saga is a Layer 1 protocol that allows developers to automatically spin up VM-agnostic, parallelized and interoperable dedicated chains, or “Chainlets”, that provide applications with infinite horizontal scalability. Saga allows developers to launch Chainlets at the click of a button through shared security, cutting-edge validator orchestration and an automated CI/CD deployment pipeline standardized across any kind of blockchain VM.
2/ $SAGA Tokenomics - Price Prediction 🔹 Total Supply: 1,000,000,000 🔹 Initial Supply: 90,000,000 In less than two years, Saga has built over 350 projects on the protocol, with 80% in gaming, 10% in NFT and entertainment, and 10% in DeFi. All projects built on Saga are part of the Saga Innovator Program. The average entry of investors is around 0.675$, Currently, Binance Launchpool ROI is around 10x–15x, so SAGA TGE may be around $6-10$ which is around the market cap of $360M - $600M
$SAGA is the Saga Protocol’s native utility token and is used in the following functions: 🔹 Payment for Chainlets: Developers pay $SAGA tokens to the network validators to instantiate and keep their Chainlets alive. 🔹 Staking: Stakers help secure the network and receive $SAGA tokens and the tokens of projects building on the Saga protocol as a reward. 🔹 Governance: $SAGA token holders can vote on network governance decisions. 3/ Saga (SAGA) Binance Launchpool Users will be able to stake the $BNB and $FDUSD into separate pools to farm SAGA tokens over four days, with farming starting from 2024-04-05 00:00 (UTC). Launchpool Token Rewards: 45,000,000 SAGA (4.5% of max token supply)
Join to Earn $SAGA Now 👇 Join Now!
4/ SAGA Roadmap 🔹 Mainnet Launch in 2024: Completed 🔹 Commercial and Business Development Progress As of April 1, 2024, the Saga Innovator Program is comprised of 350 projects, A full roster of Innovators may be found here https://www.saga.xyz/innovators
4.2/ Saga Partnership Saga also has partnerships with the following Layer 1 protocols to scale their infrastructure using Chainlets:
🔹 Polygon. Saga will automate Polygon CDK chains 🔹 Avalanche. Saga will automate Avalanche Subnets 🔹 Celestia. Saga will automate decentralized rollups with Celestia DA 🔹 MarbleX. Saga will provide scaling infrastructure to the MarbleX chain 🔹 Com2uS. Saga will provide scaling infrastructure to the Com2uS chain
5/ More of Saga Protocol For more information, please visit: https://www.binance.com/vi/support/announcement/introducing-saga-saga-on-binance-launchpool-farm-saga-by-staking-bnb-and-fdusd-22674210af2b4d35b7ddc62c243d66fa
Don't fade on $SAGA:
Join Binance Launchpool: JOIN NOW!
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Real World Assets meets Liquid Staking - @ethena_labs $ENA - $USDE
#Ethena Labs Spotlights - $1.4B Total Value Locked - Users: 104K - $sUSDe APY 35.2% - Total Raised: $20.5M - Led by @BinanceLabs @dragonfly_xyz @BlockTower @Delphi_Digital @lightspeedvp @GSR_io @wintermute_t @okx @mirana - Partners: @MakerDAO @MorphoLabs @0xMantle @CeffuGlobal @ZircuitL2 @WhalesMarket @injective @MantaNetwork @redstone_defi @pendle_fi
#ENALAUNCHPOOL #ETHENALAUNCHPOOL
1/ Ethena Overview
Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure. It is alongside a globally accessible dollar denominated savings instrument - the 'Internet Bond'. 🔹Permissionless Acquire USDe 🔹Direct Mint USDe 🔹Direct Redeem USDe 🔹Stake & Unstake USDe
2/ $ENA Price Prediction - Total Supply: $15B - Initial Supply: 1.425B OTC Price on @WhalesMarket and @Bybit_Official Pre-market is 0.67$ - 0.7$ at $1 Billion Market Cap $ENA price could be around $0.7 - 2$ at the listing ATH price and traded mostly around 1$ with a market cap of around $1B - $1.5B
3/ Ethena @binance Launchpool Supported Pools: 🔹Stake BNB (webpage will be available in around 5 hours): 240,000,000 ENA in rewards (80%) 🔹Stake FDUSD (webpage will be available in around 5 hours): 60,000,000 ENA in rewards (20%) ⏰Farming Start: 2024-03-30 00:00 UTC
Join Ethena Binance Launchpool now
4/ Ethena Core Contributors Deep experience across traditional finance and crypto-engineering including
- @CryptoHayes - Founding @BitMEX - Ex-Cerberus - CEO of @ethena_labs Guy Yuong - Heads Engineering of @wintermute_t - Co-Heads of Quant - @GoldmanSachs @FlowTraders - Head of Growth @LidoFinance @GoldmanSachs - Head of Product - @tradeparadigm @DeribitExchange
5/ To read more of Ethena, Please visit https://www.binance.com/en/support/announcement/introducing-ethena-ena-on-binance-launchpool-farm-ena-by-staking-bnb-and-fdusd-6c216f219f0e42adb1849759dee3fbd9
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