The 12th Essay Project @dappOS_com Introduction:
dappOS is an intent execution network that revolutionizes how users interact with decentralized blockchain systems. Instead of manually navigating through multiple steps in traditional dApps, users can simply focus on what they want to achieve with dappOS. The network’s service providers handle all the intermediate processes, ensuring users get their desired outcomes with minimal effort and institutional-level efficiency.
dAppOS currently provides three key features:
Intent Asset: Users can utilize their assets while earning interests continuously.Intent EX: Users can achieve optimal transaction costs when trading spots.Intent-centric dApp Interaction: Users can interact seamlessly with dApps, avoiding the complexities of direct blockchain interaction.
These three features address the most common on-chain needs of users, positioning dappOS as a comprehensive Web3 operating system by integrating these essential functionalities.
dappOS has emerged as a frontrunner in the Web3 intent space, having already got invested by top-tier VCs such as Binance Labs, Polychain, Sequoia, IDG, and OKX Ventures

This article was sponsored by @dappOS_com

More writing references about dappOS:
dappOS: An Intention Execution Network Backed by Top InstitutionsdappOS Launches Intent Assets: Asset Innovation that Balances Interest Earning and UseParticipate in the Web3 Wallet Airdrop to Share a 500,000 USDC Prize Pool!

Step 1:
Participate in the @dappOS_com essay contest to discuss the future of dappOS
Post content on the square using the hashtag #dappOSTheFutureofIntents #BinanceWeb3Wallet for a chance to share the rewards. We're looking forward to hearing from you about your insights and thoughts on the future of the dappOS ecosystem.
Your post must cover the hashtag  #dappOSTheFutureofIntents and include your views on:
To what extent do you think the characteristic of "earning yield while ready for use" for intent assets will impact the Web3 industry?Why is dappOS poised to become a leading Web3 project in the future?How will the joint airdrop event hosted by dappOS and Binance Web3 Wallet (event link) promote the development of both ecosystems?

Step 2:
Share your Square post on social media (X), tag @dappOS, and use the hashtag #dappOS. Encourage your social media followers to comment, like, and share!

Event Rules:

After the event, we will select 50 high-quality posts under the hashtag  #dappOSTheFutureofIntents eligible, posts must have at least 20 interactions (likes, shares, or comments) and at least 300 characters. And according to the number of views, 20000 USDC will be shared, and each winner will receive 240 ~ 800 USDC: 
25 winners with over 4,000 views will each receive 240 USDC.15 winners with over 8,000 views will each receive 400 USDC.10 winners with over 15,000 views will each receive 800 USDC.

All content must be released by Sept 11, 2024 12:00 (UTC+8) to be eligible for rewards.

Only content related to the project essay requirements will be selected, and other non-related content will not be eligible for reward.

Terms & Conditions
This promotion may not be available in your region.Only content with #dappOSTheFutureofIntents and articles that received at least 20 interactions (i.e., the total number of emojis, comments, or shares) during the campaign period are eligible for qualifying content.Please ensure that the content is at least 70% relevant. Any abuse of hashtags and posting of irrelevant content will result in exclusion from the event. Do not include Red Pockets, Giveaways, Memecoins, or any other irrelevant content.Only original new content is eligible. Previously submitted entries are not eligible.You can post multiple different high quality content to increase your probability of winning.We will release the rewards to your account within 20 working days, and Users may check their rewards via "Funding" > "Balances".All eligible users will be notified via a push notification under Creator Center > Square Assistant.Binance reserves the right to disqualify any account that violates Binance Square's Community Guidelines or Terms and Conditions.Binance reserves the right to modify or change these terms and conditions at any time at its sole discretion without prior notice, including, but not limited to, canceling, extending, terminating, or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any action to be taken, and all participants shall be bound by these amendments. Binance reserves the right of final interpretation of this event.

Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
 
Disclaimer: All content on Binance Square is presented on an “as is” basis for information purpose only (without representation or warranty). Binance Square includes content posted by third parties, which shall not be construed as endorsement by Binance of such views. No content shall be construed as financial advice. See Terms of Use for more information.

What looked like prime time for crypto assets on softening inflation data has turned into an ugly week with bitcoin {{BTC}} tumbling to its weakest price in four weeks on Friday.

BTC tumbled more than 2% in an hour to $65,100 during the U.S. trading session from around the $67,000 area. The leading crypto was down 7.5% over the past seven days.

Smaller cryptocurrencies saw even steeper declines, with the broad-market benchmark CoinDesk 20 Index shedding almost 12% week-over-week. Ether {{ETH}} dropped to $3,400, losing over 10% during this period, while native tokens of rival layer-1 networks Solana {{SOL}}, Avalanche {{AVAX}}, Cardano {{ADA}} and Near {{NEAR}} sported 15%-20% declines, CoinGecko data shows.

The swift tumble liquidated nearly $180 million of leveraged derivatives trading positions across all crypto assets over the past 24 hours, most of them longs betting on higher prices, CoinGlass data shows. This week's shake-out saw a total of over $870 million in liquidations, flushing excess leverage from markets.

Analysts and many market participants just a few days ago anticipated an imminent breakout for bitcoin to new record highs, supported by a slower pace of inflation and softer economic data, but attempts for rallies were quickly sold off, leaving BTC stuck in its sideways range.

Read more: Here's Why Bitcoin's Not Keeping Pace With Nasdaq

The Federal Reserve this Wednesday projected only one rate cut for this year, less than the central bank's previous forecast, dashing investor hope for looser monetary policy coming this summer. Political uncertainty in Europe with a snap election being called in France also pushed the U.S. dollar index (DXY) higher against other major currencies to its strongest level in more than a month, putting pressure on bitcoin.

Bitcoin also struggled with increased selling from miners and profit-taking from long-time holders near the $70,000 area, 10X Research noted, weighing on the broader crypto market.