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👉👉👉 #Astroport Effectively Migrates Staking & Governance From #terra to #Neutron Astroport, a Tera-based automated market maker (AMM) renowned for its non-custodial and decentralized liquidity, has achieved a significant milestone. In a recent announcement on X, the platform revealed its successful migration of staking & governance operations from the Terra blockchain to Neutron. This groundbreaking move marks the first-ever transfer of a protocol's governance hub from one #Blockchain to another within the Cosmos ecosystem. Astroport's Latest Migration Facilitates Staking and Governance on Neutron - This initiative underscores a new era of interchain collaboration and functionality, according to the company. Astroport provided insights into the details of this migration, indicating that xASTRO and ASTRO tokens have transitioned to TokenFactory's standard. Consequently, ASTRO has been renamed as ASTRO.cw20, while xASTRO is now identified as xASTRO.cw20. Users can now stake and participate in governance on the Neutron blockchain by converting their tokens on Astroport's swap pages. ASTRO stakers & holders are urged to take specific actions for a smooth transition to the latest tools and standards, with no liquidity pools created across chains. Token Conversion Process and Access to New Features - Token conversion is accessible on all chains except Osmosis. For Osmosis users, token bridging to supported chains is required before swapping. Stakers must first unstake their tokens to initiate the conversion process. Subsequently, they can restake by utilizing the bridge page to migrate tokens to Neutron. Introduction of vxASTRO on Neutron - Liquidity providers have the option to withdraw tokens by removing liquidity from existing pools and convert them through swaps. To reintroduce liquidity, they can add the new tokens to Astroport's exclusive on-chain ASTRO pools. Following the migration, the company plans to unveil vxASTRO on the Neutron blockchain, further enhancing its offerings & functionality. Source - blockchainreporter.net #BinanceSquareTalks

👉👉👉 #Astroport Effectively Migrates Staking & Governance From #terra to #Neutron

Astroport, a Tera-based automated market maker (AMM) renowned for its non-custodial and decentralized liquidity, has achieved a significant milestone. In a recent announcement on X, the platform revealed its successful migration of staking & governance operations from the Terra blockchain to Neutron.

This groundbreaking move marks the first-ever transfer of a protocol's governance hub from one #Blockchain to another within the Cosmos ecosystem.

Astroport's Latest Migration Facilitates Staking and Governance on Neutron

- This initiative underscores a new era of interchain collaboration and functionality, according to the company. Astroport provided insights into the details of this migration, indicating that xASTRO and ASTRO tokens have transitioned to TokenFactory's standard. Consequently, ASTRO has been renamed as ASTRO.cw20, while xASTRO is now identified as xASTRO.cw20.

Users can now stake and participate in governance on the Neutron blockchain by converting their tokens on Astroport's swap pages. ASTRO stakers & holders are urged to take specific actions for a smooth transition to the latest tools and standards, with no liquidity pools created across chains.

Token Conversion Process and Access to New Features

- Token conversion is accessible on all chains except Osmosis. For Osmosis users, token bridging to supported chains is required before swapping. Stakers must first unstake their tokens to initiate the conversion process. Subsequently, they can restake by utilizing the bridge page to migrate tokens to Neutron.

Introduction of vxASTRO on Neutron

- Liquidity providers have the option to withdraw tokens by removing liquidity from existing pools and convert them through swaps. To reintroduce liquidity, they can add the new tokens to Astroport's exclusive on-chain ASTRO pools. Following the migration, the company plans to unveil vxASTRO on the Neutron blockchain, further enhancing its offerings & functionality.

Source - blockchainreporter.net

#BinanceSquareTalks

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👉👉👉 Expert Gives Timeline When $XRP Can Break 7-Year Symmetrical Triangle In a recent analysis on X platform, XRP is poised for significant price shifts, driven by long-term accumulation phases and the formation of a triangle pattern. These trends suggest a potential breakout after seven years. Identifying Accumulation Phases and Triangle Formation - XRP has undergone two significant accumulation phases: from 2013 to 2017 (Zone A) and from 2018 to 2024 (Zones B and C). The current phase indicates price stabilization, with a triangle pattern evolving since early 2020, expected to converge by May 2024. Critical Time Frame and Future Outlook - The period from May 15 to August 2024 is crucial, with the triangle formation expected to influence XRP's price trajectory. Analysts anticipate a bullish cycle in 2024, driven by the accumulation phase's conclusion and the triangle pattern breakout. Supporting Evidence from Previous Predictions - Historical patterns support this outlook, with similarities to patterns observed during the 2018 bull run. Analysts project significant price increases for XRP upon breaking out from the multi-year symmetrical triangle formation. Current Status - XRP is currently trading at $0.5062, with a market capitalization of $27.39 billion, despite a recent price decline. Remember, investing in cryptocurrencies is highly speculative and involves a significant risk of loss. You should never invest more than you can afford to lose also do your own research. Source - thecryptobasic.com #CryptoTrends2024 #BinanceSquareTalks
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🚀🚀🚀 #bitcoin Price Forecast: $65k Rally or $59k Reversal in the Week Ahead? Bitcoin opened trading at $62,000 on May 13, marking a 4% weekend increase. However, key on-chain metrics signal potential volatility ahead. As #BitcoinETF inflows slow and miners start selling off reserves due to the halving's impact, the market faces heightened risk of volatility. Over the past 10 days, Bitcoin price has ranged between $59,000 and $63,000. With over $200 million outflows from Grayscale's GBTC ETF and declining inflows into new spot BTC funds, downward pressure has mounted. Bitcoin miners have sold over 100,000 BTC since May 3, reducing their balances from 1.93 million to 1.92 million BTC as of May 13. At $62,300 per coin, this represents over $623 million in sales in 10 days. The halving event has slashed miners' revenue per block, prompting many to sell reserves to cover costs amid stagnant outflows from #grayscale 's GBTC ETF. If Bitcoin fails to see a significant price increase, miners may continue selling, risking a reversal below $60,000. This sell-off could deter strategic traders from investing further to avoid market inflation from new BTC issuance. BTC's price forecast suggests a possible reversal towards $58,000, with support expected around $59,600. If this level fails, $BTC could drop further. On the upside, a rally to $65,000 may occur if Bitcoin ETFs see strong inflows. However, continued miner sell-offs may keep BTC consolidating below $64,000. Remember, investing in cryptocurrencies is highly speculative and involves a significant risk of loss. You should never invest more than you can afford to lose also do your own research. Source - thecryptobasic.com #CryptoTrends2024 #BinanceSquareBTC
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💥💥💥 #analyst Shares Secret to Find 100x #Solana⁩ #Memecoins🤑🤑 A crypto analyst, known as "TRACER" on X, has recently unveiled a clandestine method for uncovering memecoins with the potential for 100x profits. TRACER shared the success story of his friend, who transformed a modest investment of $3,000 into a staggering $274,000 through SOL coins. The friend primarily focused on acquiring $WIF and $BONK tokens, which reportedly resulted in a significant profit of up to 154x. Analyst Shares Insider Tips for Achieving 100x Returns on SOL Memecoins - In a post on their official X account, the analyst divulged the utilization of a specific tool for this endeavor. TRACER highlighted that many individuals misuse this tool, but assured to provide guidance on how to leverage it effectively for gains ranging from 10x to 100x. The analyst emphasized their extensive research on the subject and offered assistance free of charge based on this knowledge. - TRACER asserted that SOL LowCaps function as treasure troves, holding the potential for substantial rewards. They suggested that Block Explorers serve as the key to unlocking these treasures, facilitating the discovery of top-tier memecoins. To this end, TRACER directed users to a specific block explorer for accessing valuable information related to Solana. Block Explorer Offers Comprehensive Analysis at No Cost - The tool TRACER introduced is a free #Blockchain monitoring tool that allows users to track blockchain transfers. TRACER emphasized the advantages of block explorers, including the ability to find new memecoins, track exclusive pools, explore smart contracts, and monitor wallets. One of TRACER's friends turned a $3,000 investment into approximately $274,000 using these insights. - The friend reportedly invested nearly $8.6 million in $WIF tokens and $BONK coins, with the use of the block explorer resulting in profits of 154x on these tokens. TRACER urged followers to utilize the block explorer to capitalize on potentially lucrative opportunities. Source - blockchainreporter.net
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🔥🔥🔥 #shibaInu ($SHIB ) transitions to a ‘more practical asset’ following CoinGate’s integration  Fintech firm CoinGate has expanded its reach by integrating the memecoin Shiba Inu (SHIB) into the #BinanceSmartChain and #Polygon blockchains. This integration enables SHIB holders to use their tokens to purchase products from major brands like Nike and book services such as Airbnb. CoinGate aims to facilitate digital token transactions for a wide range of goods and services, bridging the gap between traditional finance and #cryptocurrencies . The addition of Shiba Inu to its platform enhances the versatility of the meme-inspired coin in real-world applications, driving its mainstream acceptance. Shiba Inu's developers have been actively working to elevate the digital currency beyond its memecoin status. The introduction of Shibarium, an Ethereum Layer 2 scaling solution, has garnered significant attention within the crypto community. Shibarium promises faster transactions and user-friendly transaction fees, aiming to enhance the overall user experience. Shiba Inu's recent listings on platforms like Robinhood and the launch of its magazine have sparked optimism in the SHIB community. Notably, developers raised $12 million for a new #Layer2 network, backed by major players like Animoca Brands, Mechanism Capital, and Polygon Ventures, signaling increased confidence in the project. Despite recent market downturns, Shiba Inu (SHIB) has demonstrated resilience. Data indicates that more than 700 trillion SHIB tokens held by over 650,000 wallet addresses remain profitable, underscoring the steadfast confidence of holders in the token's long-term value. At $0.00002177, Shiba Inu has experienced a modest 4% decline in the last 24 hours. Trading within a range of $0.00002379 to $0.00002227 in the past week, a breakout could propel it up by 13% to $0.00002558. Conversely, selling pressure might drive it down to $0.00002080, marking an 8% dip from its current level. Source - invezz.com
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#bitcoin Price Signals #BEARISH📉 Continuation, Why BTC Could Drop Below $60K Bitcoin's price encountered resistance near the $62,000 zone, initiating a fresh downtrend. With BTC now trading below $61,000, there's a looming risk of further declines below the crucial $60,000 mark. Initially, Bitcoin found support around $60,250 and attempted a recovery. It managed to surpass the 23.6% Fibonacci retracement level of the recent downward swing from the $63,217 high to the $60,250 low. However, sellers remained active near the $61,800 resistance area, defending the 50% Fibonacci retracement level. A subsequent bearish reaction ensued, leading to a break below a bearish flag pattern with support near $60,950 on the BTC/USD hourly chart. Currently, Bitcoin is trading below $61,000 and the 100-hourly Simple Moving Average. Immediate resistance is expected around $61,200, followed by significant hurdles at $62,000 and the 100-hourly SMA. Further up, the key resistance lies at $62,500, with a clear move above this level potentially triggering a bullish trend towards $63,500 and beyond, possibly reaching $65,000. On the downside, if Bitcoin fails to overcome the $61,200 resistance, it could extend its decline. Initial support is anticipated around $60,500, followed by a crucial level at $60,000. A close below $60,000 might ignite a downward move towards $58,500, with further losses potentially targeting the $56,650 support zone. Technical indicators reveal a bearish outlook, with the hourly MACD gaining momentum in the bearish zone and the hourly RSI dropping below the 50 level. In summary, Bitcoin faces resistance near $61,200, and a failure to breach this level could lead to more downsides below $60,000. Conversely, a successful break above $62,500 may pave the way for further gains towards $65,000. Source - newsbtc.com #CryptoNews🔒📰🚫 #BinanceSquareBTC #cryptocurrency $BTC
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