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Binance Airdrop Portal Welcomes Thena (THE) as Second Project! Everything you need to know!
Binance has added a new project to its Airdrop Portal, introducing Thena (THE) as the second cryptocurrency to reward BNB holders. This comes just after the announcing Banana Gun (BANANA) on the airdrop portal, the inaugural project launched in October 2024.
The Thena (THE) airdrop is targeted at Binance users who subscribed their BNB to Simple Earn products, including both flexible and locked products, between November 6 and November 13, 2024. These users will be eligible to receive rewards from the airdrop.
With a total supply of 206,863,770 THE tokens, Thena will allocate 7% of its maximum supply—approximately 21.75 million THE tokens—for the HODLer airdrops.
Thena is already trading on Binance with multiple pairs, including THE/BTC, THE/USDT, THE/BNB, THE/FDUSD, and THE/TRY.
Friendly Personal Advice
Stake your $BNB folks ! Too late for Thena now but you can do it for all the future Airdrops. It's the best strategy you can use. Let's your $BNB work for you!
The Role of Binance’s HODLer Airdrops Program
Binance’s HODLer Airdrops program is designed to reward users who hold BNB tokens in their Binance accounts and subscribe to Simple Earn products. The program aims to provide passive income opportunities for users based on historical snapshots of their BNB balances.
It serves as a hub for blockchain projects to distribute their tokens efficiently and allows users to discover, participate, and claim airdrop rewards.
Users can visit the Airdrop Portal to find information on upcoming and active airdrops. Participation requirements vary depending on the project, and users must meet the eligibility criteria to receive their tokens.
Once the airdrop is completed, the tokens are automatically credited to the user's Binance account, where they can trade, hold, or use the tokens as they see fit.
Thena Overview
Thena aims to revolutionize the decentralized finance (DeFi) space by offering a comprehensive range of products and services within its ecosystem. Thena’s core offerings include:
👉THENA (Spot DEX): A platform where users can swap digital assets and generate passive income.
👉ALPHA (Perpetuals DEX): A platform that offers trading on over 270 crypto pairs with leverage up to 60x.
👉ARENA: A social platform that hosts trading competitions and provides gamified experiences for users.
👉WARP (Launchpad – Upcoming): A forthcoming launchpad aimed at further expanding the Thena ecosystem.
🔥With a versatile approach, Thena plans to corner a variety of liquidity needs, including stablecoins, tokenized real-world assets (RWAs), memecoins, and more.
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News
Binance Introduces Thena (THE) Airdrop for BNB Holders

By NFTevening Team

November 27, 2024
Thena
Binance is excited to introduce the second project on its Airdrops Portal: Thena (THE), a decentralized exchange and liquidity layer powered by BNB Chain and opBNB. Users who subscribed their BNB to Simple Earn Flexible or Locked products during the period from 2024-11-06 00:00 (UTC) to 2024-11-13 23:59 (UTC) are eligible for this exclusive opportunity.

The listing for THE is set to go live on 2024-11-27 at 10:00 (UTC). Participants will collectively receive 7% of the project’s total token supply as part of the airdrop.

For those who missed the airdrop this time, consider staking your BNB in Fixed Staking or Simple Earn products on Binance.com to secure eligibility for future airdrops.

Thena (THE) Airdrop Details
Token Name: Thena (THE)
Total Token Supply: 206,863,770 THE
Max Token Supply: 326,120,291 THE
HODLer Airdrops Token Rewards: 21,750,000 THE (7% of max token supply)
Smart Contract Details
Blockchain: BNB Chain
Contract address: 0xF4C8E32EaDEC4BFe97E0F595AdD0f4450a863a11
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What is Thena (THE)?
THENA is a decentralized platform revolutionizing liquidity management on the BNB Chain. Designed for traders, liquidity providers, and projects, it combines innovative tools and robust governance to optimize the DeFi experience. Since launching in early 2023, THENA has set itself apart by fostering a community-driven approach and pushing the boundaries of decentralized finance. Its vision? To create a financial SuperApp that makes DeFi accessible to everyone.
Innovative Features of THENA
👉 ve(3,3) Governance Model
Inspired by Solidly and Aerodrome, this dynamic emissions allocation model allows veTHE holders to vote on liquidity pool incentives. It aligns interests among stakeholders, ensuring an efficient and sustainable ecosystem.
👉 Next-Generation Liquidity Tools
THENA V3,3 introduces advanced features such as Plugins (similar to Uniswap V4’s Hooks), modular structures, Weighted Pools, and Metastable Pools, enabling greater customization and efficiency in liquidity management.
👉 Cross-Chain Governance
THENA extends its governance model across multiple networks, starting with opBNB. This empowers veTHE holders to influence liquidity strategies on a cross-chain level.
👉 Community-Powered Growth
With no venture capital backing, THENA has distributed over $25 million in total revenue to token holders. Its success is fueled entirely by its community and collaborations with ecosystem partners.
************
THENA’s roadmap is focused on expanding its ecosystem, advancing cross-chain capabilities, and setting new standards for DeFi innovation. With the launch of V3,3, it’s poised to attract traders, liquidity providers, and developers looking to be part of a transformative DeFi ecosystem.
Whether you’re a participant or a builder, THENA offers a platform where collaboration drives collective success.
#BinanceAirdropPortal #Thena
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How would dappOS become a leading Web3 project? Hot info for the current DappOS Airdrop Campaign!
Meta description: dappOS is an intent execution network that streamlines interactions for a more seamless and swift Web3 experience
This rapid expansion of the Web3 ecosystem results in various decentralized systems and services for user empowerment, but these platforms are very often cumbersome to deal with. A great number of people can't get their heads around the complex idea of DeFi, NFTs, and decentralized apps, involving a lot of manual activities and detailed knowledge of blockchain technology. Here come dappOS, the intent execution network that smoothest and streamlines this interaction for a more seamless and swift experience.
DappOS does away with the need for users to do manual operations, allowing them to focus on the ends while service providers handle the means. But what does this new paradigm shift presage for the future of Web3? And how will dappOS' unique approach to "earning yield while ready for use" assets impact the industry?
Impact of the "Earning Yield While Ready for Use" Characteristic on the Web3 Industry
Yield generation, combined with availability for utilization, has the potential to revolutionize asset management in the Web3 sector. For one, think about owning an asset that continues to accrue passive income while it remains liquid for immediate use in transactions, trading, or staking. This will make decentralized financial systems more appealing to a wide variety of users who are leery of the idea of locking their assets up in long-term contracts.
In that respect, dappOS efficiently bridges the liquidity gap with returns, solving an age-old problem in the domain of decentralized finance.
What would that bring to the table?
This would mean that, in the Web3 space, retail and institutional investors alike use DeFi protocols and dApps. The better user experience, combined with the ability to earn without giving up one's liquidity, is expected to bring in swathes of new users into the decentralized ecosystem.
Moreover, dappOS focuses on frictionless interaction, placing it as a catalyst to be used in popular adoption, especially among non-technical people who are not comfortable with the inner workings of blockchain.
Improved Asset Efficiency
Users used to be forced into a trade-off between generating some yield on their assets by staking, lending, etc., and having those assets liquid and ready to use in transactions or otherwise. This trade-off is removed for those assets that can generate income while still being available for use, thereby increasing asset usage efficiency.
Improved Liquidity in DeFi Protocols
This may enhance the liquidity of DeFi protocols through incentivized mechanisms that would keep users' assets involved in yield-earning activities even when they are not being utilized. That would steady the markets and reduce slippage, therefore making trading conditions better across the ecosystem.
Wider Adoption of Web3
Users, more importantly, new users of Web3, are more likely to utilize a platform that effectively merges yield with accessibility. Of course, this can surely enable wider adoption by lowering the barrier of entry and making DeFi and other Web3 applications more palatable to mainstream life.
Innovative asset management
Innovative asset management allows for the development of innovative, improved, and more flexible solutions that can better manage assets. In other words, it allows developers to build dApps sophisticated enough to balance potential earnings against the need for instant liquidity in the creation of new financial products and optimize asset usage automatically.
Increased User Retention and Engagement
The feature is bound to increase the retention rate among its users manifold by creating an ongoing incentive to continuously stay on the site. Now, users can win continuously without sacrificing any other ongoing opportunity to participate in the activities to make it even more interesting.
Why dappOS is Poised to Become a Leading Web3 Project in the Future
In this universe of innovation that is Web3, dappOS shines because of the huge focus on users. Whereas most projects at the current stage emphasize the escalation of functionality, dappOS places great importance on the user experience. It puts effort into rendering decentralized services available to anyone.
Their move to simplify the underlying complexity of blockchain interactions lowers the barrier to entry, allowing users—crypto newbies or veterans—to engage with Web3 without an extremely steep learning curve.
Very user friendly
Another important reason that puts dappOS in a good position to be successful in the future is its focus on efficiency. While working with any traditional form of a decentralized system, a user is required to perform every step of the process manually. In the case of dappOS, these steps are done by a service provider, and a user needs only to focus on his goals. This simplification of such fiddly tasks will drive those people and businesses that don't want to waste their time but value ease of use and efficiency toward the platform even more.
Also, the commitment of dappOS to yield-earning opportunities with liquidity will likely change how users manage assets. As the feature gains momentum in adoption, it may just be what makes dappOS stand out as a trailblazer in the Web3 space and sets the new standard for DeFi platforms moving forward.
Abstracting Complexity
dappOS smoothes the experience of Web3 to make it more accessible to end-users. dappOS abstracts the complex process of handling dApps and blockchain networks for users, making the use of Web3 considerably easier for new and old users by reducing its learning curve to accessible levels.
Seamless Integration
DappOS does an excellent job of providing interoperability between the chains with seamless integrations to other blockchain networks. That is crucial in the context of an ever-expanding and diverse Web3 ecosystem where several blockchains service different use cases. With dappOS having bridges connecting the major players, this shall improve the value and attractiveness of dappOS.
Efficient Scaling Solutions
While the popularity of Web3 continues to increase, scaling remains a big concern. dappOS is built for efficient handling of high volumes of transactions, hence making it a very suitable platform for large-scale decentralized applications and services. It comes scalable, meaning dappOS can handle the load in future years with performance guaranteed.
Robust Security
dappOS addresses security-highly important for the success of any Web3 project. By integrating strong methods and processes regarding security, dappOS creates a secure platform to foster trust among users and developers alike, hence building ecosystem trust.
Partnership and Collaboration
dappOS can forge much-needed strategic partnerships and alliances with other blockchain initiatives, businesses, and organizations which will truly increase its scope and impact. This ecosystem will continuously be in development with new partners and users joining to help it remain competitive at the front in the Web3 arena.
🔥 The Joint Airdrop: Strengthening dappOS and Binance Web3 Wallet Ecosystems 🔥
dappOS has signed a cooperation for an airdrop event with Binance Web3 Wallet in pursuit of accelerating the expansion of its ecosystem. This remains the huge leap into innovating both ecosystems through combining dappOS' new intent execution network and Binance's large user base with solid Web3 infrastructure.
What would this agreement mean?
This agreement gives dappOS the ability to showcase its user-friendly system to a wider audience. Binance, known for its global reach and impact in the cryptocurrency market, offers tremendous attention to the airdrop event by enabling dappOS to get its potential across to millions of users. The event will be an awareness-raising promotion of dappOS, with a demonstration of how much the chain-level platform is capable of in making user interaction with blockchain systems easier.
In turn, Binance Web3 Wallet will benefit from the deal by embedding the simplified user experience brought in by dappOS. The wallet will become easier to use for those users of decentralized finance who found the interaction with it too complex. Moreover, as consumers start using dappOS via the Binance Web3 Wallet, they will have an advantage in creating yield with the conservation of liquidity, which will turn the Binance ecosystem even more alluring for DeFi amateurs.
What is best for the user
Such a joint airdrop will give the users an opportunity to go further into both ecosystems for better interaction and, therefore, further growth of the projects. There is likely to be much buzz regarding such an event, which may attract more users and thus help dappOS grow its presence in the Web3 space, while solidifying Binance's position in the decentralized finance space.
dappOS Ecosystem
Airdrops have been a very good strategy for attracting new users and improving the initial level of engagement. Working with Binance Web3 Wallet will grant dappOS access to many users within the environs of Binance, which may add millions more users to its platform. It has the potential to increase the number of substantial dappOS users that help build a more alive community and ecosystem.
Binance Web3 Wallet Ecosystem
This will also give value to the Binance Web3 Wallet Ecosystem since this will push users in its direction by trying out and incorporating dappOS. Entering this within the context of increased wallet use and educating Binance's users in large-scale Web3 use will go hand in hand. It will reinforce the relationship that Binance Wallet users have with the community at large within Web3.
In conclusion
The strategic partnership with Binance Web3 Wallet will see dappOS fast-track its growth to become one of the top Web3 projects soon. DappOS is well on its way to playing an important role in the next generation of blockchain innovation, bridging decentralized finance with much ease and efficiency.
As Web3 continues to mature, projects like dappOS, which focus on user experience and practical benefits, will become very important in determining the direction of the future. The role dappOS is likely to play in asset management, DeFi, and the entire blockchain space is huge. And it is only a matter of time before this game-changing platform becomes a household name in the Web3 community.
#dappOSTtheFutureofIntents #BinanceWeb3Wallet!
@dappOS_com
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Carv Protocol Insights and all you need to know including the Binance & CARV Airdrop
CARV Protocol is a decentralized finance (DeFi) project that aims to provide a secure and trustless platform for users to trade and swap digital assets. It operates on the Ethereum blockchain and utilizes smart contracts to automate transactions without the need for intermediaries.
Features
Decentralized Exchange (DEX): CARV Protocol offers a DEX where users can trade various cryptocurrencies and tokens securely.
Liquidity Pools: Users can provide liquidity to the platform by depositing their assets into liquidity pools and earn rewards in return.
Yield Farming: CARV Protocol allows users to stake their tokens and earn additional rewards through yield farming.
Governance: Token holders can participate in the governance of the protocol by voting on proposals and changes to the platform.
User Experience
The platform is designed to be user-friendly, with a simple interface that allows for easy navigation and trading. Users can access the platform from their web browser or through compatible wallets.

Benefits of CARV Protocol
Decentralization: CARV Protocol operates on a decentralized platform, providing users with autonomy over their assets without the need for intermediaries.
Security: The protocol prioritizes security measures to safeguard users' funds and data against potential threats.
Liquidity: By supporting a range of assets, CARV Protocol enhances liquidity, making it easier for users to trade and swap tokens.
User Experience: The platform is designed with user experience in mind, offering a seamless interface for efficient navigation and interaction.
Community Governance: CARV Protocol allows its community to participate in governance decisions, fostering a sense of ownership and involvement among users.
Staking Rewards: Users have the opportunity to stake their assets on the platform and earn rewards, providing an additional incentive for engagement.
Innovative Features: The protocol continues to introduce new features and functionalities to improve the overall user experience and expand its offerings.
Future Integrations for CARV Protocol
Compound: Integrating with Compound will enable users to earn interest on their deposited assets and borrow additional funds based on their collateral within the CARV Protocol platform.
MakerDAO: Partnership with MakerDAO will provide users with access to decentralized stablecoins and the ability to generate DAI through collateralized debt positions, enhancing the stablecoin offerings on the CARV Protocol platform.
Curve Finance: Integration with Curve Finance will enhance the efficiency of stablecoin trading and provide users with low-slippage swaps for assets pegged to the same value within the CARV Protocol platform.
SushiSwap: Collaborating with SushiSwap will offer users access to a decentralized exchange platform with enhanced features like yield farming and staking opportunities on the CARV Protocol platform.
Synthetix: Further deepening the partnership with Synthetix can bring more synthetic assets and trading options to users, expanding the range of financial products available on the CARV Protocol platform.
Yearn Finance: Continued collaboration with Yearn Finance can introduce more yield farming strategies and optimization tools for users to maximize their returns on assets within the CARV Protocol platform.
Unlock Exclusive Rewards with Binance and CARV
In an exciting collaboration, Binance and CARV have launched an exclusive airdrop campaign, offering participants the chance to earn $CARV tokens and USDC. This limited-time event features a substantial prize pool of 1 million $CARV and 30,000 USDC, creating a significant opportunity for crypto enthusiasts and gamers alike. By participating in the campaign, users can engage in a series of tasks designed to maximize their rewards.
How to Participate
To join the Binance x CARV Airdrop, users need a Binance Web3 Wallet address. This versatile wallet, integrated within the Binance app, empowers users to manage their crypto assets securely and interact with decentralized finance (DeFi) applications. The participation process involves:
Daily Check-in: Continuous daily check-ins reward users with points, with check-ins resetting every seven days.
Bind Account: Connect your Binance Web3 Wallet to participate.
Join Community: Engage with the CARV community to earn more points.
Play & Earn: Participate in CARV’s gaming ecosystem to accumulate points.
Prize Pool Details
The total prize pool for this campaign is 1 million $CARV and 30,000 USDC. $CARV rewards will be distributed based on the proportion of points each user accumulates compared to all participants. Importantly, if multiple wallet addresses are linked to the same Binance UID, only the account with the highest points will receive the reward, while other accounts will be considered Sybil and will forfeit their rewards.
Following the anticipated launch of the CARV Airdrop Claim Page in August, participants can log in using their wallet addresses to view and claim their $CARV rewards. USDC rewards will be distributed via airdrop directly into the winners’ wallets on BNBChain upon the conclusion of the event. CARV reserves the right to the final explanation regarding the campaign.
The Binance x CARV Airdrop campaign is a unique opportunity for participants to earn substantial rewards while engaging with innovative blockchain technology. By completing tasks and accumulating points, users can maximize their chances of earning $CARV tokens and USDC. Don’t miss out on this exciting event — join the Binance x CARV Airdrop today and be a part of the future of decentralized finance and gaming.
@CARV #CARVingTheFutureOfData #binanceweb3airdrop
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TON - 56th Project on Binance Launchpool. Binance Super Earn Review! LFG 🔥
The leading cryptocurrency exchange, Binance, has announced Toncoin as the next project featured on their Binance Launchpool staking platform. The exchange has also introduced a new feature called Binance Super Earn, which allows stakers to earn a special APR for a limited time.
Until September 3, you can earn Toncoin (TON) tokens on Binance simply by staking your TON, BNB, or the FDUSD stablecoin. You can withdraw the coins you’ve staked at any time and keep the TON token rewards.
You can earn TON on Binance Launchpool between August 15 and September 3. The amount of token rewards you earn will depend on how many coins you stake.
What is The Open Network (TON)?
The Open Network (TON) is a blockchain-based platform originally developed by the team behind Telegram, a popular messaging app. TON was designed to enable fast, secure, and scalable transactions, with the ultimate goal of supporting a wide range of decentralized applications (dApps) and services.
The project managed to reach many of its early goals. TON integration within the Telegram messenger is ever more prevalent and allows developers to build Web3 mini apps that are supported by blockchain. In addition, Telegram messenger comes with a TON wallet that allows users to send money from one another and participate in various DeFi use cases, like staking TON and USDT, and more.
It’s worth noting that the project was originally envisioned as the Telegram Open Network, intended to provide a blockchain infrastructure that could support Telegram's vast user base with a native cryptocurrency called "Gram." Telegram's involvement with TON faced significant regulatory challenges, particularly from the U.S. Securities and Exchange Commission (SEC), which argued that the sale of Gram tokens constituted an unregistered securities offering. Due to these issues, Telegram officially stepped back from the project in 2020, and the community-led TON Foundation has taken over the development since then.
Of course when it comes to price prediction with this Market is pretty hard to do any but in my personal opinion TON is a great long-term hold and the price will go consistently up next few months!
How to earn TON tokens on Binance Launchpool
If you want to earn Toncoin farming rewards, you’ll need a Binance account.
Please keep in mind that only users who complete an identity verification process with Binance are eligible to participate in Toncoin farming on Binance Launchpool.
Once your account is ready, you’ll need some BNB or FDUSD tokens to stake. If you already own these tokens, you can deposit some to your Binance account. Otherwise, Binance offers plenty of ways to buy them with crypto or fiat.

After your account is verified and loaded with BNB and/or FDUSD, go to the menu on the top side of the Binance interface and select "More." Then, go to "Launchpool."
Then, find the available Toncoin farming pools. Depending on which tokens you want to stake, select the FDUSD Pool or BNB Pool. Then, follow the instructions provided by the exchange.
As an important note, here’s a quick breakdown of key dates and information about the Toncoin Launchpool campaign:

TON to benefit from a higher APR introduced by Binance Super Earn
Binance announced that TON would be listed on Binance Super Earn, a new platform that allows users to earn higher-than-average rewards (referred to as Special APR) by staking newly listed tokens through Simple Earn Locked Products. This opportunity is typically available right after the tokens are listed on Binance and is fully sponsored by the respective token projects.
🔥Key features of Binance Super Earn 🔥
👉The Annual Percentage Rate (APR) offered through Super Earn is generally higher than the typical rates on other Simple Earn Locked Products. This is because the rewards are funded by the token projects themselves as a promotional incentive to encourage users to hold and stake their newly listed tokens.
👉Super Earn is available for a short period after the token's listing and may include tokens distributed through airdrops, Launchpool, or other Binance events.
👉Users can subscribe to Super Earn products by selecting the desired token and duration on the Binance platform. If they choose to redeem their positions early, they can do so, but they will forfeit any accrued rewards.
👉Super Earn products are marked with a "Special Offer" tag on the Binance Simple Earn page, making them easy to identify.
Super Earn presents a valuable opportunity for users, particularly BNB holders, to maximize their returns. Building on existing earning options like Megadrop, HODLer Airdrop, and Launchpool, Super Earn provides another avenue for users to increase their earnings by subscribing their BNB to Earn and participating in airdrops, then using the received tokens in Super Earn to secure additional APR.
#BinanceLaunchpoolTON #Tonlaunchpool #BinanceSuperEarn
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What is Crypto Concept?
Meta Description: Cryptocurrencies, often referred to simply as crypto encompass all forms of digital or virtual currencies that use cryptography for securing transactions
Cryptocurrencies, often referred to simply as crypto encompass all forms of digital or virtual currencies that use cryptography for securing transactions. Cryptocurrencies aren’t under central issuing and are not regulated by a certain authority. Instead, they use a decentralized system that records transactions and issues.
Examples of cryptocurrencies
Bitcoin’s name is almost synonymous with cryptocurrency. It is the first and to this day – the most famous crypto. It was founded in 2009 and to this day holds its leading position.

Bitcoin (BTC) was developed as an alternative form of payment, which isn’t controlled by a central bank, bypassing all central authorities in a safe and legal manner.
Besides Bitcoin, there are other famous and successful cryptos like:
Here are a few examples
Ethereum
Ethereum employs a similar tech as Bitcoin but operates under peer-to-peer (P2P) payments. Ethereum is a massive project – it has its own network, created on a blockchain with the same name. It powers up entire ecosystems to operate without a central authority. It is something like insurance without an insurance company, or real estate without a title company.
Litecoin
Very similar to BTC, this coin is quicker to develop new innovations, like faster payment for more transactions.
Ripple
Ripple was founded in 2012, as a distributed ledger system. It can be used to track a large variety of transactions, not just on blockchain. The company that manages Ripple is known to partner with banks and large institutions.
Altcoins
Altcoin is a wide term, used for all tokens besides BTC. Most altcoins are used to capitalize on blockchain tech with a good investing perspective.
How does cryptocurrency work?
Crypto runs on blockchain – a distributed public ledger, that records all the transactions updated and held by users that own currency.
The coins are created through minting – a process that uses computer power to solve math problems that in turn, generate the coins. Brokers also sell coins, which users can store and spend through their crypto wallets.
It may come as a shock, but cryptocurrencies are not something tangible. You, as a user, own only the key that allows you to move a record from one user to another without using the services of a third party.
And blockchain is yet to develop even further, as new ways to use it and apps are still emerging. Through it, you can trade bonds, stocks, and a variety of financial assets.
How to Buy Cryptocurrency
If you are looking to buy your first cryptocurrencies, then head to a crypto exchange. There you can trade tokens with other users, just like at the stock market. After purchasing your coins, you’ll need to store them in a wallet or a third-party service such as Coinbase. You can later use those coins to buy some goods.
If you are looking to use crypto as a type of investment, then you can do it through a brokerage, like Robinhood. You can purchase BTC or other crypto, but you won’t be able to withdraw them from the platform.
Cryptocurrencies run on a blockchain, which is used to maintain a tamper-resistant record of the transactions and keeps a record of properties and their owners. It can be used to address problems faced by older attempts to create a digital currency, especially preventing people from creating copies of their holdings.
Depending on their way of use, separate units of crypto are known as tokens and coins. Some can be exchanged for services or goods, others can be staked or stored, while another group can be used to purchase items from app stores or in-game shops.
How are cryptocurrencies created?
Mining is the primary way to obtain cryptocurrencies. It is primarily used by Bitcoin and is an energy-consuming process where computers solve complex problems in order to identify the authenticity of transactions on the network.
There are other methods to create crypto, and some are far-less impactful on the environment. But the most popular is to simply buy some from an exchange.
Advantages and Disadvantages of Cryptocurrency
As every other financial asset, cryptocurrencies have their advantages, but also carry an amount of risk.
Advantages
👉No single point of failure
👉Easy to transfer
👉No third parties
👉Can generate returns
👉Remittances are streamlined
Disadvantages
👉Transactions can be pseudonymous, which allows for crime use
👉Highly centralized
👉Hard to return on investment
👉Off-chain security issues
👉Volatile prices
Cryptocurrency fraud and cryptocurrency scams
There are more and more cases of crypto scams and cybercrime.
Fake websites
Fake websites feature testimonials and heavy use of crypto jargon. They promise easy returns with a ‘small’ amount of investment.
Virtual Ponzi schemes
Cybercrimes that promote fake investment opportunities that are supposed to pay-off old investors with the money from the new ones. BitClub Network raised over $700 mil through a Ponzi scheme before its perpetrators were sent to jail in 2019.
"Celebrity" endorsements
Scammers use the names of well-known celebrities and billionaires to promote investment opportunities in fake cryptocurrencies. They contact victims through message apps and sell their stock when investors drive the price up, they sell the stock, thus reducing it in value.
Romance scams
According to the FBI, there has been a spike in online dating scams wherein fraudsters convince people whom they contact through dating apps or social media to invest or trade in virtual currencies. In the first seven months of last year, the FBI's Internet Crime Complaint Center received 1,817 crypto-focused romance scam complaints associated with losses of $133 million.
In conclusion
Crypto is advancing at a lightspeed pace, coming off a long way in the last 15 or so years. Now we can store value, transfer, and spend in different ways, by using numerous assets in terms of unmatched safety.
There is a new perception of crypto and blockchain, as they provide companies with new opportunities like a state-of-the-art supply chain. The future of cryptocurrencies and the supporting tech seems bright, as they keep growing and adapting to new and various uses.
Frequently asked questions
What is cryptocurrency?
Cryptocurrencies are a form of digital asset that uses cryptography to secure transactions. These transactions are managed through the blockchain.
What is blockchain?
The blockchain is a distributed public ledger, that records all crypto transactions. It is maintained through nodes that ensure security and transparency.
How are cryptocurrencies created?
Through mining – the process involves the use of computer power to solve complex problems in order to verify transactions and place them on the blockchain.
#CryptoConcept
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Citirana vsebina je bila odstranjena
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Xai Foundation Announces Highly-Anticipated Xai Vanguard: Genesis Activation
The Xai Foundation, a core contributor to the gaming-centric blockchain network, Xai, announced the upcoming launch of the highly-anticipated premiere gaming activation, Xai Vanguard: Genesis. It will run till November, the Vanguard campaign will feature a full suite of new game releases, quests, achievements, and rewards for the Xai community.
Xai Vanguard: Genesis is the next major milestone on the Xai roadmap and succeeds the Xai Odyssey campaign which saw record-breaking results in the blockchain space including 500K+ connected wallets, 5M daily transactions and a total of $175 million in player rewards distributed. While Xai Odyssey was conducted entirely on the Xai testnet, the launch of Xai Vanguard marks the first campaign on the Xai mainnet.
This ecosystem-wide event will feature dozens of participating partners and bring forth a full roadmap of games, including Crypto Unicorns, Final Form, Lost Glitches and more that are set to be announced throughout the campaign. The campaign rewards players for achievements in games as they battle for the top spot on the Xai Vanguard: Genesis leaderboard. Additionally, the first month of the campaign will also feature quests from other blockchain technology partners that open new avenues for players to score points.
In line with its commitment to full ecosystem expansion, the Xai Vanguard: Genesis campaign introduces rewards for the developer community as well. Developers and studios will be able to participate in a series of builder quests to score points on the Xai Vanguard: Genesis leaderboard and earn their own series of rewards. Many of these quests feature the recently announced Xai Builder powered by Sequence to seamlessly onboard new applications to the Xai blockchain.
In my opinion The launch of Xai Vanguard: Genesis marks a significant milestone for the Xai ecosystem!
By bringing together a diverse range of game partners and leveraging our robust infrastructure, we create an unparalleled gaming experience that will drive innovation and engagement in the blockchain gaming space. We are excited to see the creativity and passion of our community unfold.
Leveraging its Sentry Node Network of 6000+ whales and Vanguard Network of 600,000 gamers, Xai drives massive and immediate distribution to deployed web3 games. Gamers and developers are given a simple and seamless onboarding experience, offering support by Xai Foundation, Offchain Labs, Ex Populus, Thirdweb, Sequence and other key Xai contributors.
About Xai Foundation
The primary objective of the Xai Foundation is to foster the growth of developers and games within the Xai AI blockchain ecosystem. This encompasses attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated token, the Xai Foundation plays a pivotal role in supporting the integrity of the platform.
About Xai Games
Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology.
$XAI #XaiVanguardGenesis
Check this out Megadrop🔥
Check this out Megadrop🔥
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Lista Megadrop on Binance - few more days to participate. Don't miss the juicy Rewards
Binance announce the 2nd project on Binance Megadrop - Lista (LISTA), a liquid staking and decentralized stablecoin protocol. Users can start participating in the Lista Megadrop from 2024-05-30 00:00:00 (UTC).
Binance will then list Lista (LISTA) at 2024-06-20 10:00 (UTC) and open trading with LISTA/BTC, LISTA/USDT, LISTA/BNB, LISTA/FDUSD, and LISTA/TRY trading pairs. The Seed Tag will be applied to LISTA. Read about Lista (LISTA) in our research report.
Lista Megadrop period
2024-05-30 00:00:00 (UTC) to 2024-06-19 23:59:59 (UTC)
BNB Locked Products Snapshot Period: To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before 2024-05-30 00:00:00 (UTC), as hourly snapshots of users’ subscription amounts will be taken during this period. For more information on BNB Locked Products, refer to the FAQ.
Web3 Quest Period: Users may complete Web3 Quest(s) during the Quest Period. Web3 Quest 1: “Stake 0.01 BNB in the ListaDAO DApp” (Tutorial)
2024-06-20 06:00:00 (UTC)
Rewards Distribution: Users may view their Megadrop rewards in Binance Spot Wallet.
Lista Megadrop details
👉Token name: Lista (LISTA)
👉Max token supply: 1,000,000,000 LISTA
👉Megadrop token rewards: 100,000,000 LISTA (10% of max. token supply)
👉Initial circulating supply: 230,000,000 LISTA (23% of max. token supply)
👉Hard Cap per user: 800,000 LISTA
Rewards Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score (based on hourly snapshots during the BNB Locked Products Snapshot Period) = (Average 120-day BNB Locked Amount * 130) + (Average 90-day BNB Locked Amount * 120) + (Average 60-day BNB Locked Amount * 110) + (Average 30-day BNB Locked Amount * 100)
Web3 Quest Multiplier: 1.5
Web3 Quest Bonus: 1,000
Guide to joining Lista Megadrop
To participate in Megadrop, users need to lock BNB tokens in Binance Simple Earn and/or complete Web3 Quests on Binance Web3 Wallet. Binance notes that registration for BNB Locked Products is not mandatory. Users can participate in Megadrop without registering for any BNB Locked Products. However, when participating in BNB Locked Products, users can optimize their rewards.
When registering for BNB Locked Products, users receive different points based on the registration time. The longer the duration, the higher the BNB points. Participants should choose a 120-day period to receive an APR of up to 1.69%. Additionally, users can receive both Megadrop rewards and launchpool simultaneously (if available).
Locking BNB Locked Products
👉Access the Binance app on your phone, select More, then choose Megadrop.

👉Review the list of Web3 projects launched and select Lista.
👉After accessing the detailed information page, carefully read the project's requirements and rules.
👉Scroll down to the Lock BNB section.
👉Register for locking BNB according to the suitable term.

Completing Web3 Quests
Users need to:
Have a Binance Web3 Wallet account. Note that only backup wallets created within the new Binance Web3 wallet are eligible to participate in Megadrop; external wallets (such as Metamask) are not counted.
Prepare BNB to cover gas fees within the Binance Web3 Wallet.
The steps are as follows:
👉Log in to the Binance app and go to "Exchange."
👉Switch to the "Web3" tab.

👉On the wallet's main screen, select "Transfer."
👉Choose BNB and the "BNB Chain (BEP20)" network.
👉Select the amount of BNB to transfer and click "Transfer."

Note: To be eligible for campaign participation, a minimum of 0.01 BNB is required for staking liquidity into slisBNB.
Once the wallet receives the funds, users need to convert BNB to slisBNB on the Lista DAO.
👉Go to the "Discover" section and search for "Lista DAO."

👉Connect the Binance Web3 wallet and click "Stake."
👉Enter the quantity of 0.01 BNB.

👉Confirm the transaction and wait for the successful staking notification.
👉After receiving the completion notification, switch to your web3 wallet
👉Select Lista DAO in the Megadrop section.
👉Scroll down to the Web3 Quest section and click "Start Now."
👉Wait for the system to connect, then click "Verify" to confirm completion
What is Lista DAO?
Lista DAO is a DeFi platform providing staking, liquidity staking, safe stablecoin lending solutions, simple, and license-free. The goal of Lista DAO is to become the most widely used protocol by leveraging Proof-of-Stake (PoS) rewards and profit-generating assets.
Lista DAO operates as an open-source liquidity protocol, earning profits from collateralized crypto assets (BNB, ETH, stablecoins, etc.). The project utilizes and expands the MakerDAO model proven for lisUSD - referred to as decentralized, unbiased destablecoin, supported by collateral assets.
LISTA is a utility and governance token widely used on Lista DAO. It is a means of safe exchange and payment among participants on Lista DAO in a decentralized, third-party-independent manner. Users can receive LISTA by participating and interacting with the protocol such as depositing funds, staking, trading, and/or governance participation.
The project notes that LISTA does not represent any equity, ownership, participation, ownership rights, or interests in Lista DAO. The platform does not offer any promises regarding fees, dividends, revenue, profits, or investment returns and is not intended to constitute securities in relevant jurisdictions.
#ListaMegadrop #Megadrop
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Lista Dao - 2nd Project on Binance Megadrop! Bullish Insights and how to participate
Hey Folks, Lista Dao is the 2nd Project on Binance Megadrop. Let's dive in what's exactly Lista Dao and how to get maximum Rewards from the Megadrop Campaign!
EVERYTHING YOU NEED TO KNOW ABOUT LISTA DAO!
Lista DAO is a BNB liquid staking protocol and decentralized stablecoin platform that enables users to stake their BNB in exchange for the LS token slisBNB. The slisBNB, along with other LSTs, can not only be used in the LPs of various DeFi applications but also as collateral for borrowing the lisUSD stablecoin by providing LSTs as collateral on its platform.
It is powered by the native $LISTA governance token, designed to serve as a main criteria for granting access to the DAO votings.
The platform’s contribution to the BNB chain network ecosystem was recognized by Binance Labs, which invested over $10M into the project on August 11th, 2023.
Lista DAO, previously known as Helio protocol, is a BNB liquid staking protocol and decentralized stablecoin, which allows users to earn yield from BNB staking in exchange for the slisBNB token. The slisBNB token is a liquid staking token of the Lista DAO protocol, which can be used in other DeFi LPs across the BNB chain network to earn additional APR, as well as may be used as collateral for lending lisUSD, Lista’s decentralized stablecoin.
The minting mechanism of the Lista stablecoin is quite similar to that of MakerDAO’s, but unlike the MakerDAO platform, Lista protocol enables depositing collaterals in the form of LSTs such as slisBNB, WBETH, ezETH, and others. This provides the BNB chain with an additional level of liquidity while adding more features to the BNB network’s liquid staking tokens.
After the merge of Helio Money and Synclub on February 6th, 2024, the platform rebranded itself into the List DAO.
🪙$LISTA token: The entire liquid staking protocol is powered by the governance token $LISTA. Its main role is enabling users to vote on various governance proposals and granting weight to each community member's vote, which directly depends on the amount of tokens staked on the platform.
I'm super hyped about Lista Dao for the following reasons:
🔥The concept and design of the product aligns with the current “liquid staking and staking” trends. It is also of the few startups focused on BNB liquid staking and adding more features to such LSTs;
🔥The platform was audited multiple times by the top tier security companies;
🔥Strong PR and Growth Marketing performance;
🔥Above the average Marketing Infrastructure, SMM and Influencer Marketing score;
🔥Binance Labs invested into the project;
🔥Presence of the strong network of partners supporting the project;
🔥Upcoming Listing of the $LISTA token on the Binance exchange;
🔥Experienced leadership team: the BD lead and COO previously worked for Binance.
Take a look also at the bullish Roadmap

The current price on $Lista OTC is around $1! I am expecting multiple X on it's listing on #Binance
Lista Megadrop Details:
👉Token Name: Lista (LISTA)
👉Max Token Supply: 1,000,000,000 LISTA
👉Megadrop Token Rewards: 100,000,000 LISTA (10% of max token supply)
👉Initial Circulating Supply: 230,000,000 LISTA (23% of max token supply)
🔥Start farming $Lista here:
https://www.binance.com/en/megadrop
How to participate in the Megadrop. Full Instructions
Step 1: Go to Earn section

Step 2: Search for BNB. Select 15-120 days

You can choose a fixed lock from 15 to 120 days, the longer the lock, the higher the score coefficient. Of course saying that 120 days will be the best option to maximize your Earnings!
Step 3: Select quantity and click "Confirm" to complete the step of locking BNB on the exchange

👉You can keep your BNB and BTC on Spot and participate.
Reward Mechanism Based on Points
Total Points = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score is based on the amount of BNB locked and the lock duration. The Web3 Quest Multiplier is applied to the Locked BNB Score when all Web3 Quests are completed.
The higher your total points, the greater your rewards.
How is Megadrop Different from Launchpool?
Some key differences between Megadrop and Launchpool include:
👉Participation Method: Megadrop allows users to participate by subscribing to BNB and/or completing Web3 tasks. Binance Launchpool only allows users to participate by subscribing to BNB or designated tokens.
👉Token Subscription: Megadrop only utilizes BNB Locked Products for token subscription. Binance Launchpool offers more diversity by allowing users to subscribe to tokens through BNB Locked Products, BNB Vault, or direct staking in Launchpool.
👉Reward Calculation: Megadrop rewards are based on the amount of BNB locked by users and the duration of lock, combined with the completion of Web3 Quests. Binance Launchpool rewards are based on the volume of subscriptions to Launchpool.
👉Reward Enhancement: Megadrop allows users to enhance their rewards by completing tasks within the Binance Web3 Wallet. Binance Launchpool does not offer this feature.

HAPPY FARMING 🚜
#ListaMegadrop #Megadrop
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--
Lista Dao - 2nd Project on Binance Megadrop! Bullish Insights and how to participate
Hey Folks, Lista Dao is the 2nd Project on Binance Megadrop. Let's dive in what's exactly Lista Dao and how to get maximum Rewards from the Megadrop Campaign!
EVERYTHING YOU NEED TO KNOW ABOUT LISTA DAO!
Lista DAO is a BNB liquid staking protocol and decentralized stablecoin platform that enables users to stake their BNB in exchange for the LS token slisBNB. The slisBNB, along with other LSTs, can not only be used in the LPs of various DeFi applications but also as collateral for borrowing the lisUSD stablecoin by providing LSTs as collateral on its platform.
It is powered by the native $LISTA governance token, designed to serve as a main criteria for granting access to the DAO votings.
The platform’s contribution to the BNB chain network ecosystem was recognized by Binance Labs, which invested over $10M into the project on August 11th, 2023.
Lista DAO, previously known as Helio protocol, is a BNB liquid staking protocol and decentralized stablecoin, which allows users to earn yield from BNB staking in exchange for the slisBNB token. The slisBNB token is a liquid staking token of the Lista DAO protocol, which can be used in other DeFi LPs across the BNB chain network to earn additional APR, as well as may be used as collateral for lending lisUSD, Lista’s decentralized stablecoin.
The minting mechanism of the Lista stablecoin is quite similar to that of MakerDAO’s, but unlike the MakerDAO platform, Lista protocol enables depositing collaterals in the form of LSTs such as slisBNB, WBETH, ezETH, and others. This provides the BNB chain with an additional level of liquidity while adding more features to the BNB network’s liquid staking tokens.
After the merge of Helio Money and Synclub on February 6th, 2024, the platform rebranded itself into the List DAO.
🪙$LISTA token: The entire liquid staking protocol is powered by the governance token $LISTA. Its main role is enabling users to vote on various governance proposals and granting weight to each community member's vote, which directly depends on the amount of tokens staked on the platform.
I'm super hyped about Lista Dao for the following reasons:
🔥The concept and design of the product aligns with the current “liquid staking and staking” trends. It is also of the few startups focused on BNB liquid staking and adding more features to such LSTs;
🔥The platform was audited multiple times by the top tier security companies;
🔥Strong PR and Growth Marketing performance;
🔥Above the average Marketing Infrastructure, SMM and Influencer Marketing score;
🔥Binance Labs invested into the project;
🔥Presence of the strong network of partners supporting the project;
🔥Upcoming Listing of the $LISTA token on the Binance exchange;
🔥Experienced leadership team: the BD lead and COO previously worked for Binance.
Take a look also at the bullish Roadmap

The current price on $Lista OTC is around $1! I am expecting multiple X on it's listing on #Binance
Lista Megadrop Details:
👉Token Name: Lista (LISTA)
👉Max Token Supply: 1,000,000,000 LISTA
👉Megadrop Token Rewards: 100,000,000 LISTA (10% of max token supply)
👉Initial Circulating Supply: 230,000,000 LISTA (23% of max token supply)
🔥Start farming $Lista here:
https://www.binance.com/en/megadrop
How to participate in the Megadrop. Full Instructions
Step 1: Go to Earn section

Step 2: Search for BNB. Select 15-120 days

You can choose a fixed lock from 15 to 120 days, the longer the lock, the higher the score coefficient. Of course saying that 120 days will be the best option to maximize your Earnings!
Step 3: Select quantity and click "Confirm" to complete the step of locking BNB on the exchange

👉You can keep your BNB and BTC on Spot and participate.
Reward Mechanism Based on Points
Total Points = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score is based on the amount of BNB locked and the lock duration. The Web3 Quest Multiplier is applied to the Locked BNB Score when all Web3 Quests are completed.
The higher your total points, the greater your rewards.
How is Megadrop Different from Launchpool?
Some key differences between Megadrop and Launchpool include:
👉Participation Method: Megadrop allows users to participate by subscribing to BNB and/or completing Web3 tasks. Binance Launchpool only allows users to participate by subscribing to BNB or designated tokens.
👉Token Subscription: Megadrop only utilizes BNB Locked Products for token subscription. Binance Launchpool offers more diversity by allowing users to subscribe to tokens through BNB Locked Products, BNB Vault, or direct staking in Launchpool.
👉Reward Calculation: Megadrop rewards are based on the amount of BNB locked by users and the duration of lock, combined with the completion of Web3 Quests. Binance Launchpool rewards are based on the volume of subscriptions to Launchpool.
👉Reward Enhancement: Megadrop allows users to enhance their rewards by completing tasks within the Binance Web3 Wallet. Binance Launchpool does not offer this feature.

HAPPY FARMING 🚜
#ListaMegadrop #Megadrop
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