- Platform: Token launch system by Binance. - Access: Early project participation via Binance Simple Earn and Web3 Wallet. - Rewards: Earn tokens through BNB staking and Web3 quests. - Eligibility: Based on jurisdiction and wallet activity.
Projects: BounceBit and Solv Protocol featured.
Essentially, it's a novel way for users to engage with new crypto projects, earn rewards, and learn about blockchain technology.
2. Solv Protocol
Solv Protocol is a decentralized platform focused on enhancing Bitcoin's utility in DeFi through its liquid staking solution, SolvBTC. It connects Bitcoin with various DeFi ecosystems, enabling yield generation and interoperability across blockchain networks. Solv Protocol has attracted significant investment and is backed by notable entities in the crypto space, aiming for mass adoption of BTCFi.
Tokenomics:
- Token Name: Solv Protocol (SOLV)
- Max Supply: 9,660,000,000 SOLV
- Genesis Supply: 8,400,000,000 SOLV (86.96% of max supply)
- Megadrop Rewards: 588,000,000 SOLV (6.09% of max supply)
- Initial Circulating Supply at Binance Listing: 1,482,600,000 SOLV (15.35% of max supply)
The SOLV token serves governance purposes within the Solv ecosystem, with various distribution methods including airdrops and participation in Binance Megadrop for rewards.
The Binance Launchpool for BNB and $FDUSD involves users staking these tokens to farm new project tokens. Here's how the division works based on recent projects:
Token Allocation: For the Bio Protocol (BIO) Launchpool: $BNB BNB Pool: 85% of the total pool allocation (84.66 million BIO out of 99.6 million BIO). $FDUSD FDUSD Pool: 15% of the total pool allocation (14.94 million BIO out of 99.6 million BIO).
Staking Period and Rewards: The farming period for BIO is 10 days, starting from December 24th, 2024, at 00:00 UTC, with trading beginning on January 3rd, 2025, at 10:00 UTC
User Participation: Users can stake either BNB or FDUSD separately in the respective pools to earn BIO tokens. The daily cap for rewards per user is set differently for each pool, reflecting the allocation percentages.
General Mechanics: Tokens staked in Launchpool retain their standard benefits, like airdrops or VIP perks, while also earning new token rewards. Users can only stake their tokens in one Launchpool project at a time, but they can divide their holdings across pools if multiple projects are active.
This division reflects a strategy where a significant portion of the rewards is allocated to BNB stakers, likely due to BNB's role as Binance's native token and its broader user base. FDUSD, being a stablecoin, offers a different risk profile for users who might prefer stability over potential price fluctuations of BNB.
The Binance HODLer Airdrop is a program where users holding BNB (Binance Coin) in the Simple Earn products (Flexible or Locked) receive free tokens.
How to Participate: 1- Hold BNB. 2- Check Binance for airdrop announcements. 3- Stay updated via app notifications. 4- Claim airdrops if necessary.
Benefits: - Free tokens from new projects. - Support for BNB ecosystem. - Community engagement. Security: Use official links / channels to avoid scams.
#2 Simon's Cat Project:
- Origin: Created by Simon Tofield; an animated series about a cat's humorous food quest, started as personal animation practice.
- Popularity: Over 1.6 billion YouTube views, with a strong social media presence.
- Expansion: Became books, merchandise, and apps, expanding into collaborations with major brands.
- Blockchain : Introduced the CAT token in 2024 for fan engagement, voting on projects, and supporting cat welfare.
Distribution CAT, BEP-20 chain: đ° Maximum Supply 9,000,000,000,000
đ° Circulating Supply When Listed on Binance 7,892,954,917,916 (88% of max token supply) đ° Total Supply 8,099,954,917,916 (~90% of max token supply)
đ° Binance HODLer Airdrop Allocation 1,143,000,000,000 CAT (12.7% of max token supply)
âšMechanism: Airdrops are based on historical snapshots of BNB balances.
đ Rewards: Tokens from new projects listing on Binance are distributed to eligible BNB holders.
Purpose: To reward BNB holders and promote engagement with new token projects.
Additional Benefits: BNB holders still enjoy standard benefits like Launchpool and Megadrop rewards.
This initiative aims to encourage long-term holding of BNB by offering additional token rewards.
#2 PENGU: Pudgy Penguins' Token Launch: 2024, on Solana, with plans for Ethereum and Abstract. Total Supply: 88.88 billion tokens; Distribution: đ° 25.9% community airdrop. đ° 24.12% for other Web3 communities. đ° 17.8% team (vested). đ° 12.35% liquidity. đ° 11.48% company (vested). đ° 4% public good.
Utility: - Staking rewards for NFT holders. - Purchase of merchandise and access to exclusive events. - Governance through voting rights.
Security: Beware of scams; use verified sources.
Market Impact: High interest, volatile market performance.
Conclusion: PENGU aims to enhance the Pudgy Penguins ecosystem, offering both utility and engagement, but with inherent crypto market risks.
Here is a summary about the launchpool: - Total supply: 120M - Launchpool: 4.8M - Initial circulating supply: 30M - 85% for BNB holders - 15% for FDUSD holders - Farming period: 14 Dec (0 utc) - 15 Dec (23:59)
1/- Y'all need to stake BNB and FDUSD Introducing Catizen (CATI) on Binance Launchpool! Farm CATI by Locking BNB and FDUSD
2/- Play to Earn by Telegram Mini Gaming App Catizen-Mantle-Ton: you need some $MNT or $TON for gas fee. Airdrop is rely on In-Game Performance. This part of airdrop depends on your in- game activities like check-ins, tasks, purchases and vKitty.
Telling investors about a project understands that "investing is worth researching and should be done before depositing money." Feelings of profit are always happy to share, but new entrants may feel "afraid of missing the opportunity" (FOMO) can rush to invest too quickly. Therefore, the shareholder has to tell the DYOR as well to reduce undiscovered investors.
DYOR means investing with research and responsibility from the stakeholders themselves.
đ Tips to keep your digital wallet is very important. đ Safety first!
1-Understand the kind of scammers 2- Understand Ă· Hot Wallet is often connected to the Internet Cold Wallet is a form of offline storage hardware offline.
3-Easy to use, second security layer 2FA 4-Keep the seed phrases (12words) of the wallet secret.