Injective Protocol: A Next-Generation Decentralized Exchange
Crypto analysis #1 $INJ Do you want to discover a new and amazing project in the crypto space that could change the way we trade and exchange assets? If yes, you should check out the Injective Protocol (INJ), a new generation decentralized exchange (DEX) based in Singapore that aims to offer a decentralized, trustless, and scalable exchange platform that gives more benefits to participants and users. In this article, we will give you a summary of the Injective Protocol, its native token INJ, an
Sick of spending money on farming mainnet airdrops? CashmereLabs is backed by @Binance and will earn you even more without spending a penny! Don't waste your last chance
CashmereLabs is a cross-chain stableswap platform using interoperability messaging to swap any asset between any chain.
With a TVL of $1.6B, Cashmere was selected by Binance for an accelerator MVB program. Mainnet deployment & token is scheduled for early 2024.
1/ Go to http://testnet.cashmere.exchange/dashboard
➢ Choose 2-3 different testnet networks and open the faucets; ➢ Claim testnet gas on each of the networks you've chosen; ➢ Click on "Cashmere Faucet" and claim some USDC as well.
2/ Open http://testnet.cashmere.exchange/swap
➢ Connect and verify your wallet; ➢ Choose a swap route and enter an amount; ➢ Click "Swap" and confirm the transaction.
You can repeat this step multiple times with different routes to have more on-chain transactions!
3/ Head to http://testnet.cashmere.exchange/pool
➢ Connect your wallet and click on a pool you want to supply; ➢ Enter an amount, click "Add liquidity", approve spending and confirm the staking transaction.
Supply a few different pools to have more on-chain transactions!
4/ Open http://zealy.io/c/cashmerelabs/invite/yrCC1EYAZE6iJuQf6XBo0
➢ Sign in and complete as many tasks as you can.
Some projects distribute rewards based on your social activity so the more you can do, the better!
💣$ALEO Airdrop is CONFIRMED for Q1 2024!Cost: $0Airdrop: $15000Discover it right now 👇🧵Aleo is Web3 community as the Layer-1 blockchain developers can use to build a safer, more secure internet.The platform has raised over $300MStep required:Wallet setup | @theLeoWallet➡️ Visit leo.app and download extension➡️ Create your wallet➡️ Backup phraseGreenlist➡️ Visit faucetgreenlist.snarkos.net and paste your addressAleo faucet➡️ Visit faucet.aleo.org and follow the instructions on screenBridge
Manta Network is the modular ecosystem for web3. Users can build and deploy any decentralized application based on Solidity on Manta and leverage its technological stack to offer a transaction speed higher than a L1 and a gas cost lower than a L2.
The project has raised $60.40 million in the private and public token rounds. In the private round, 24.11% of the total amount of MANTA tokens was sold from $0.025 to $0.5 USD/MANTA, while in the public round 8% of the MANTA tokens was sold at $0.36 USD/MANTA.
The total supply of MANTA is 1,000,000,000 and the circulating supply at the time of listing will be 251,000,000 (25.10% of the total token supply).
On Binance Launchpool, 30,000,000 $MANTA (3% of the total amount) will be allocated.
Like the previous Launchpool, you have the chance to get $MANTA before the official listing on Binance (2024-01-16 11:00)! - 🚜 The available pools are with BNB and FDUSD - 🔒 You have the possibility to get $MANTA also with your BNB on Earn (locked)
If you don't want to miss even 1 hour of farming $MANTA tokens, the Binance Launchpool pages are already available to stake your own BNB and FDUSD for 2 days starting from January 16th 01:00
NOTE: The Binance Launchpool is a unique event that allows you to get a certain coin/token only by staking BNB/FDUSD"
- Cross-chain interoperability: Injective natively supports Ethereum assets and allows to connect different blockchains into one crypto community. 🌐
- High scalability and speed: Injective can instantly finalize over 10,000 TPS, thanks to the Proof-of-Stake Tendermint consensus and the highly interoperable IBC. ⚡
- Resistance to front-running and MEV: Injective employs verifiable delay functions to establish a fair order of transactions and prevent front-running attacks and race conditions. Moreover, MEV and gas fees are exempted for users. 🛡️
- Wide range of financial products: Injective offers cross-chain margin trading, derivatives and forex futures, with an advanced on-chain order book and matching engine for spot, perpetual, futures and options markets. 💹
- Decentralized governance and staking: Injective is community-driven, which can participate in the protocol and ecosystem decisions via the INJ token. The INJ token also serves as a staking tool to power the underlying PoS blockchain and offers incentives to market makers and node hosts. 🗳️
Cons:
- High competition: Injective has to compete with other decentralized exchange platforms, both on Ethereum and on other blockchains, that offer similar or better products. 🥊
- Limited adoption: Injective is still in an early stage of development and has not yet reached a critical mass of users and liquidity. The protocol has to prove its reliability, security and scalability in the long term. 🚧
- Technical complexity: Injective requires users to have some familiarity with blockchain, cross-chain, derivatives and DeFi concepts. The protocol might not be suitable for beginners or less experienced users. 🧠
🔥 The launch of the first spot Bitcoin exchange-traded funds (ETFs) in the United States has been met with great enthusiasm by investors, who poured billions of dollars into the products on their debut day. However, the impact of these ETFs on the supply and demand of Bitcoin on the crypto exchanges seems to be negligible so far.
📊 According to data from CoinMarketCap, the total amount of Bitcoin available on the crypto exchanges was about 2,000 BTC less on Jan. 11, 2024, compared to the prev
$BTC $ETH A Bitcoin spot ETF is an exchange-traded fund that holds actual Bitcoin as its underlying asset. It allows investors to gain exposure to the Bitcoin market without directly buying or storing the cryptocurrency. A Bitcoin spot ETF tracks the spot price of Bitcoin, which is the current market price of buying or selling it.The Bitcoin spot ETF has been a long-awaited and highly anticipated product in the crypto industry, as it could potentially boost the adoption and legitimacy of Bitcoin
Bitcoin Stamps protocol is built on top of the Bitcoin Blockchain. Two assets are created on top of Stamps: #STAMPS (Bitcoin NFTs) & #SRC20 Tokens (BTC Tokens).