IoTeX has set aside 100 million $IOTX tokens to encourage the community to participate in the "Get Goated2🐐" campaign. Players can share 100 million IOTX tokens by earning BinoBits (hereinafter referred to as #BB) points. (Activity period is three months)🥰
The most complete guide to BB points👇
1️⃣ Sign in/interaction
1) iopay wallet: (sign in to get 10 BB points, swap to get 5 BB points, transfer to get 5 BB points) once every 24 hours
2) Log in to https://okxevent.iotex.io and sign in continuously for at least 10 BB points per day
3) Complete gate interaction tasks to win 1,000 BB points
2️⃣ Staking
1) Stake nodes in iopay:
About 5% annualized IOTX currency-based income BB points obtained = Stake amount * Stake days * 0.05 (must be a new staking bucket to open the staking lock for at least 90 days). Points are issued in one go Redemption requires turning off automatic staking, and then waiting for 94 days 2) Staking in bedrock: About 5% annualized IOTX coin-based income 4 BB points for every uniIOTX minted, and you can also participate in defi with uniIOTX to earn secondary income Redemption takes 94 days
3️⃣ Participate in #iotex ecological DeFi activities Simple evaluation 1) Mimo: Currently the largest DEX on IoTeX, with deep liquidity and small slippage, you can try to manually brush points (with gas + 0.3% handling fee). ioUSDT/WIOTX pool APY (24hrs) is up to about 6.7%. 2) iZUmi: Multi-chain DEX, deep liquidity, uniUSDC/WIOTX pool APR is up to about 3.16%. 3) Loxodrome: An additional 7m $veLOXO airdrop has been launched. Perp trading can add 50 times leverage to increase trading volume and brush BB points. Although the reward is high, you should pay attention to the risk of opening a position. 4) Quenta: There is a contract trading function that can add leverage to brush points. There are many trading pairs, and the maximum can be up to 100 times to brush higher points, but the risk is greater and there is no additional airdrop. 5) PinSwap: Similar to Mimo, but the liquidity is not high.
w3bstream will become the trusted standard for the entire #depin field, integrating w3bstream will grant you a ticket on the aircraft carrier of DePIN!
1️⃣ Project Positioning 📌
#DePIN is currently the fastest-growing track in the narrative of combining on-chain and off-chain, already involving fields such as the Internet of Vehicles, telecommunications, energy, and transportation, with several major players ranking in the top 50 on CMC. While DePIN is racing ahead, it also faces trust issues such as node fraud, data tampering, and opaque token distribution.
Due to the above issues, many investors are hesitant to participate, causing the development of DePIN projects to stagnate.
#iotex , based on years of technical accumulation, has developed a multi-chain computing protocol #w3bstream for DePIN devices. w3bstream can be understood as a decentralized, shared, and neutral off-chain verification protocol that provides validity proof on-chain and then rewards tokens on-chain. By integrating #zk, it will also protect data privacy.
w3bstream is committed to becoming the trusted standard in all DePIN fields. Only data verified by w3bstream is credible, allowing investors to trust DePIN projects through their trust in w3bstream.
2️⃣ Protocol Development 🌸
On DePINScan, you can see that there are already 41 DePIN projects with nearly 3.4 million devices integrated with w3bstream. Among them are well-known projects like Helium, Hivemapper, DIMO, Filecoin, Akash, Theta, and Network3.
In terms of total protected value, the value of DePIN projects verified by #w3bstream has reached 5b, accounting for 21% of the total market cap of DePIN!
w3bstream will officially launch soon! With token incentives, it is expected to capture a significant portion of the market share in the DePIN field.
3️⃣ Economic Model 💰
w3bstream will join IoTeX 2.0 as DIM (DePIN Infrastructure Module).
In the future, DePIN projects using w3bstream will need to pay service fees, which will be priced in $IOTX tokens.
If w3bstream can capture more than half of the DePIN market share in the future, it will help #IoTeX rise to another level, gaining a ticket in the entire crypto field. 🚀
1️⃣ IoTeX on-chain identity system #ioID is now online, the world's first DePIN on-chain identity system, which can transform physical devices into on-chain assets. 2️⃣ Network3 has 5304 Edge V1 mining machines on-chain, with total nodes exceeding 520,000. 3️⃣ GEODNET and IoTeX launched GEO-PULSE, the world's first and most precise automotive navigation device. 4️⃣ Loxodrome TVL has reached a historical high of $430,000. 5️⃣ RobotPump is online on the IoTeX network, allowing users to launch and trade meme coins. 6️⃣ WatchX is about to start Season 2, where IOTX tokens can be mined. 7️⃣ mimo and iZUMi launched liquidity mining activities, with annualized returns up to 400%+. 8️⃣ GOAT2 has added a trading meme token mining BB points activity. 9️⃣ #w3bstream has integrated 42 DePIN projects with a total of 3,840,133 devices, and #ioID has integrated 6 DePIN projects with a total of 8,524 registered.
BINO is the most well-known #memecoin🚀🚀🚀 in the #iotex community, and the IoTeX team has spent a lot of money to build this IP. After the successful launch of RobotPump, the big players lost all their chips, and now that the community is committed to making $BINO brilliant again, will it succeed?
#ioID is officially released, and the verifiable era of #depin has finally arrived🎉
It means that devices integrated with #ioID can interact directly with decentralized infrastructure without the need for centralized institutions. Truly achieve end-to-end trust. 🫨
Some key information: 1️⃣ There are now more than 10 DePIN projects integrated with #ioID 2️⃣ Devices integrated with ioID can achieve dual mining ($IOTX , project tokens) 3️⃣ ioID is represented as ioID NFT on the chain, and#DeFiactivities can be carried out 4️⃣ Activating ioID will destroy a portion of $IOTX tokens
1️⃣ The ecosystem already has over 60 DePIN projects, making it the third largest ecosystem after Ethereum and Solana. 2️⃣ 20% of the device data in the entire DePIN field is verified through #zk computations by #w3bstream.
1️⃣ Mimo and iZUMi launched liquidity mining activities, with the highest annualized return of 772%. 2️⃣ Network3 has 5,183 Edge V1 mining machines on the chain, and the total number of nodes has exceeded 480,000. 3️⃣ DePINs tokens are listed on LBank, with a market value of more than 2 million US dollars. 4️⃣ Loxodrome issues fee rewards to loxoNFT and veloxo holders. 5️⃣ WatchX launched mining activities, and Future NFT holders can mine IOTX tokens. 6️⃣ The PowerPod network has 94,785 devices. 7️⃣ More than 400 people have minted eBLOQ NFTs in enviroBLOQ's Galxe event. 8️⃣ #w3bstream has 42 DePIN projects integrated with 3,781,684 devices,#ioIDhas 6 DePIN projects integrated with 7526 registered. $IOTX
#Messari released #iotex 2024 Q3 report, talk about the major progress. 👇
1️⃣ The ecosystem has 61#DePINprojects, making it the third largest DePIN ecosystem. 2️⃣ #ioID registered 7000+, destroyed $IOTX tokens worth $130,000 3️⃣ Daily active addresses 📈13%, transaction volume 📈8%, gas fee income 📈1261% 4️⃣#w3bstreamoccupies 20% of the market share in the entire DePIN field, and plans to launch the mainnet in Q1 2025
Now let's calculate how many BinoBits (BB) points you can earn by participating in the#GOAT2event with 10,000 $IOTX until the end? 🤔
According to the current exchange rate 1BB=0.27 IOTX
The best solution:
1️⃣ DePIN event Go to Galxe to participate in 20+ DePIN Social tasks to get up to 54,500 BB, as well as future DePIN project token airdrops (the tasks are relatively simple, just follow the account and join the community). This interaction is free of charge
2️⃣ Go to Bedrock to stake Take 4500 IOTX and exchange it for#uniIOTXin Bedrock, then go to dex to form uniIOTX/wIOTX liquidity (almost no free loss) and you can get about 43600 BB by the end of the event This interaction will cost about 250 IOTX
3️⃣ Sign in and interact 10 BB per day for iopay sign-in, 5 BB for transfer, 250 BB per day for DeFi protocol interaction, a total of 20140 BB This interaction will cost about 900 IOTX
A total of 118240 BB points, which can be exchanged for 31924 IOTX tokens at the current exchange rate
⚠️: The final income depends on the ratio of BinoBits points to IOTX tokens, as well as the fluctuation of IOTX coin price #iotex
1️⃣ IoTeX collaborates with 20+ DePIN projects to launch a $2 million DePIN token reward pool. 2️⃣ Network3 has 5,045 Edge V1 mining machines on-chain, with total nodes exceeding 400,000. 3️⃣ PowerPod launches Telegram Mini App, user experience can earn rewards. 4️⃣ Loxodrome TVL exceeds 10,000,000 IOTX tokens. 5️⃣ WatchX airdrops TRUMP tokens to Future NFT holders. 6️⃣ Starpower launches StarQuest, users can earn points rewards by participating. 7️⃣ Magma Protocol launches decentralized stablecoin ioUSD, users can earn points through ioUSD. 8️⃣ #w3bstream has integrated 42 DePIN projects with a total of 3,627,043 devices, #ioID has integrated 6 DePIN projects with a total of 7,323 registered devices. $IOTX
After checking the total registration number of #ioID , it has exceeded 7300, which means that more than 7300 devices have been activated on the chain and are receiving token rewards.🐐
Why is the data of ioID so important? As more #DePIN projects integrate ioID, the following phenomena will occur👇 1️⃣ #iotex will generate a large number of high-frequency, organic transactions on the chain. 2️⃣ Various high-quality DePIN assets (tokens) will gather on the #IoTeX chain. 3️⃣ The presence of high-quality DePIN assets will stimulate the vigorous development of #DEFİ on the chain.
Finally, the upcoming release of ioID also signifies that $IOTX will soon see a large amount of burn🔥. Will the destruction + increased demand lead IOTX 📈 to achieve a flywheel effect?🤔
#BTC breaks historical new highs, #iotex daily active addresses also break new highs. 🎉
What are the catalysts for the $IOTX rise this month? 🤔
1️⃣ On a macro level, Trump's presidency will fill the entire Crypto market with bullish sentiment. 2️⃣ A $10 million incentive program, with staking amounts and daily active addresses reaching new highs continuously. 3️⃣ #ioID is likely to be officially released this month, with over 5000 ioIDs registered so far, indicating that a large amount of $IOTX will be staked and burned 🔥 4️⃣ The heat of #grass has drawn most of the market's attention to #depin . IoTeX, as the only DePIN modular solution provider, will attract more investor attention. 🐐
Based on the current growth rate of BinoBits points, how much profit can be obtained by participating with 10,000 coins $IOTX ? 1 BinoBits point is approximately redeemable for 0.1 IOTX
Comparing three plans:
1️⃣ Go to #Bedrock to exchange for uniIOTX, then create LP. At the end of the event, you can obtain around 50,000 BinoBits points (with a consumption of about 300 IOTX) Final profit after three months is 4,700 IOTX
2️⃣ Directly go to dex to provide liquidity, you can obtain around 32,000 BinoBits points (with a consumption of about 40 IOTX) Final profit after three months is 3,160 IOTX
3️⃣ Direct staking can obtain 45,000 BinoBits points, with no consumption Final profit after three months is 4,500 IOTX
⚠️: The above profits depend on the final total amount of BinoBits points and the price fluctuation of $IOTX , for reference only
1️⃣ IoTeX and the joint ecological DePIN, DeFi project are holding the $10 million Get Goated2 event. 2️⃣ Network3 has 4,796 Edge V1 mining machines on the blockchain, with total nodes exceeding 380,000. 3️⃣ Powerpod has partnered with arkreen to launch a $100 million green energy RWA plan. 4️⃣ Loxodrome Perp trading volume exceeds $100,000. 5️⃣ WatchX Future NFT holders can now mine IOTX tokens. 6️⃣ Drop Wireless launched the DropGO App, allowing users to experience the virtual world through gaming. 7️⃣ The number of activated Starplugs devices on the Starpower network exceeds 15,000. 8️⃣ Quenta has launched its mainnet, allowing users to earn BinoBits reward points through trading. 9️⃣ Robot AI has launched the first RobotPump platform on the IoTeX blockchain. 1️⃣0️⃣ #w3bstream has integrated 41 DePIN projects with a total of 3,568,728 devices, and #ioID has registered 5,322.
#depin The biggest growth event in history is here. 😍
#iotex In collaboration with numerous #DePIN + #DEFİ project teams, we present the "Get Goated" Season 2, with a total prize pool of up to 10 million US dollars. 🤑
So far, 5322 #ioID have been registered. In the future, device owners will need to burn and stake $IOTX to obtain ioID and register the device identity to #iotex L1.
With the official release of ioID, it also means that $IOTX tokens will start a large amount of burn🔥