BounceBit on Binance Megadrop. Insights and How to participate and maximize your Earnings!
Megadrop represents Binance's latest innovation, serving as a novel token introduction platform that features airdrops and Web3 assignments. Participants can pledge BNB to Fixed Products and engage in Web3 Wallet activities to secure early rewards from select Web3 initiatives, ahead of their token listings on the Binance Exchange. It bears resemblance to Launchpool, yet it integrates Binanceâs Web3 wallet tasks, enhancing user familiarity and proficiency with its operations. Through the completion of straightforward tasks, participants accumulate points that translate into future rewards. The formula for calculating total points is given by: Total Points=(Locked BNB PointsĂWeb3 Task Multiplier)+Web3 Task Rewards About BounceBit - The 1st Project on Megadrop BounceBit is a unique platform designed specifically for Bitcoin, offering a restaking chain that is supported by notable investors such as Blockchain Capital and Breyer Capital. Its main goal is to establish a dedicated smart contract execution environment for Bitcoin. The platform introduces innovative concepts like the App Store and BounceBox, which allow users to quickly deploy decentralized applications within the Bitcoin ecosystem. Furthermore, BounceBit is recognized as the first native staking chain for Bitcoin, employing a dual-token system to enhance the staking process. It combines the security of Bitcoin with full Ethereum Virtual Machine (EVM) compatibility, providing a secure and convenient restaking experience. The platform uses a Proof-of-Stake (PoS) consensus mechanism and offers transparent financial services to address issues in traditional Bitcoin finance. By enabling BTC holders to participate in DeFi and CeFi markets, BounceBit aims to increase liquidity and utility for Bitcoin in a transparent and efficient manner. In summary, BounceBit is redefining the interaction with Bitcoin by offering a more inclusive and dynamic financial ecosystem through its restaking chain, smart contract features, and unification across multiple chains. The BounceBit PoS Chain will be the first showcase of BTC Restaking infrastructure. It is secured by validators staking BTC and staking BounceBitâs native token â A dual-token system leveraging native Bitcoinâs security, liquidity and low volatility. Unlike existing Layer 2 solutions, BounceBit interacts with Bitcoin only on the asset level instead of the protocol level, taking a Layer 1 Proof of Stake approach. BTC in regulated CeFi Custody is locked so that the user can mint a wrapped version of BTC on the BounceBit chain, we call it bounceBTC. This BTC can be delegated to node operators, that return a voucher to the staker, stBTC. This liquid staking derivative can then be restaked to other SSCs, like sidechains, bridges and oracles, or be used to participate in further yield generation. All of this happens, while the BTC in the regulated custody is earning risk-free yield through funding rate arbitrage.
Of course for me every single Project coming on Binance I am super Bullish on BounceBit as well and I believe long-term will give really good ROI! How to participate in Megadrop? 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
How to access Binance Megadrop? đBinance App > More > Others > Megadrop > BounceBit > Quest Web3 Quests on BounceBit đThe quest for our Megadrop is as follows: âStake 0.0001 BTCB to BounceBitâ Youâll need BNB for gas fees and a little bit more than 0.0001 BTCB, since the withdrawal fee for BTCB is paid in BTCB, we suggest withdrawing at least 0.000111 BTCB.
How to complete the quest? đEnsure you have enough BNB for the gas fee. đClick âStart Nowâ via Binance Web3 Wallet. đSelect âBNB Chainâ as your network. đEnter the amount of BTCB to deposit. đThe first transaction approves your spending cap on BTCB with BounceBit. đThe second transaction deposits your BTCB into BounceBit. đ„The best in the Megadrop Program is that you can keep your $BTC and $BNB on Spot! Don't forget that! #BOUNCEBITLAUNCHPOOL #Megadrop
Renzo - Lastest Updates. Less than 2 days to farm on Binance Launchpool
Hey Folks, if you still wondering what to do with your BNB or FDUSD the best is to stake them and start farming Renzo! Also when you stake your BNB you also participate in Binance Megadrop Program! Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking. The protocol abstracts all complexity from the end-user and enables easy collaboration between users and EigenLayer node operators. Lastest Updates Based on Community Feedback Renzo team updated: đ„Claim timeline đ„Tokenomics đ„Airdrop eligibility đȘSnapshot & Claim Timeline: đSnapshot date remains on April 26th, 2024 đClaim date is changing to April 30th, 2024 (1 hour before Binance listing) đȘTokenomics Update: đCommunity: Total increasing from 30% to 32% đTotal Airdrop allocation increasing from 10% to 12% đ„Season 1 increased from 5% to 7% total supply đ„(2% increase is coming from Liquidity (MMs) & Foundation) Season 2 allocation remains at 5% total supply đȘBinance Launch pool: đRemains at 2.5% total supply đ„Airdrop Eligibility: đMinimum qualification is 360 ezPoints per wallet đMajority of all eligible wallets, greater than 99%, are fully unlocked at TGE đHigher threshold is being applied for the largest wallets. Wallets with more than 500k ezPoints will unlock 50% at TGE with the remainder now vesting linearly over 3 months. They also announced the start of Season 2 of ezPoints which will run for 3 months â 5% of total supply đ„ Season 1 participants will receive a 10% boost đ Explore new rewards for key DeFi partners đ Claims go live April 30th at 11:00 UTC New ezPoints Rewards: đ„pendle_fi - 4X ezPoints boost đ„Balancer / AuraFinance - 4X ezPoints boost đ„CurveFinance - 4X ezPoints boost đ„ThrusterFi / hyperlockfi Juice_Finance - 4X ezPoints boost đ„kimprotocol - 4X ezPoints boost đ„NileExchange - 4X ezPoints boost đClaims: đ„Starting April 30th at 11:00 UTC, 1 hour prior to the binance listing, the Season 1 airdrop claim window will open. Users will have 30 days to claim their $REZ at claim.renzoprotocol.com. Any unclaimed tokens will be added to the Season 2 airdrop. đStake your BNB or FDUSD and start farming Renzo here: https://launchpad.binance.com/en/launchpool/REZ Happy Farming đđđ #BinanceLaunchpool #RENZOLAUNCHPOOL
Once in a Lifetime Deal - ETHFI Farming on Binance Launchpool
Yoo Folks, more and more people stake their $BNB or $FDUSD and farming #ETHFI Let's get deeper into #ETHFI and get to understand what's about! What is EtherFi? đ„ EtherFi is a decentralized liquid staking platform, enabling users to stake ETH to support node operators and receive rewards.
đEtherFi is a decentralized liquid staking platform that allows users to stake ETH to support node operators and receive rewards. Notably, etherFi creates a unique Non-Fungible Token (NFT) for each validator created during the staking process. đThese NFTs possess the distinctive characteristics of each validator and allow for the storage of metadata. Thanks to this metadata, developers can build a more advanced staking infrastructure in the future. How EtherFi works?
đThe etherFi protocol consists of a service layer, which can serve as a platform for building other services. By providing a platform for developers to build on, etherFi aims to promote innovation within the staking ecosystem. đMoreover, stakers and node operators can access various services built on the staking infrastructure. As new services emerge, participants in the etherFi protocol stand to benefit from the growth and expansion of the ecosystem. đThe etherFi project operates on the principles of decentralization and autonomy. They establish a network of reliable nodes without relying on intermediary organizations, improving system security and encouraging decentralization. đThe etherFi protocol provides a service layer, creating conditions for the development of new services. This encourages innovation in the staking field and promotes the development of new useful applications. đUsers of etherFi can access various services built on the staking platform. With the emergence of new services, etherFi users will benefit from the development and expansion of the ecosystem. Highlights of etherFi
1.Native Restaking: Allows users to receive better rewards, as their ETH earns income from staking and additional income from restaking through Eigenlayer. 2.Decentralization: etherFi implements Operation Solo Staker, enhancing Ethereumâs decentralization by deploying nodes in geographically diverse locations. 3.Security and Risk Mitigation: etherFi is the only protocol where stakers control the keys, minimizing risks associated with third-party node operators and protocols. 4.Robust Development Ecosystem: eETH is designed for use in DeFi. etherFi collaborates with various DeFi protocols to enhance the utility of eETH. Token Overview and ETHFI Launchpool Details:
đToken Name: ether.fi (ETHFI) đMax Token Supply: 1,000,000,000 ETHFI .............. đ„Launchpool Token Rewards: 20,000,000 ETHFI (2% of max token supply) đ„Initial Circulating Supply: 115,200,000 ETHFI (11.52% of max token supply) đ„Smart Contract Details: Ethereum đ„Staking Terms: KYC required đ„Hourly Hard Cap per User: đ„16,666.66 ETHFI in BNB pool đ„4,166.66 ETHFI in FDUSD pool Development Team Mike Silagadze (Founder, CEO): Mike has been investing in cryptocurrency since 2010 and previously founded Top Hat. He holds a Bachelorâs degree from the University of Waterloo. Chuck Morris (VP, Chief Engineer): Chuck has built and led engineering teams for over a decade. He holds a Masterâs in Computer Science from the University of Chicago. Rok Kopp (Director of Customer Success): With over a decade of experience in sales and marketing for startups, Rok holds a Bachelorâs degree from the University of Notre Dame. Investors and Partners
Roadmap đAchieved: đ„August 2023: Integration phase of Solo Node Operator â Phase 1 đ„Integration phase of DVT â Phase 1 đ„October 2023: Open source smart contracts đ„November 2023: Launch of eETH đIn Progress: đ„April 2024: DVT integration phase 2, DAO Governance & TGE Farming Details đ Stake $BNB https://launchpad.binance.com/en/launchpool/ETHFI_BNB đ Stake $FDUSD https://launchpad.binance.com/en/launchpool/ETHFI_FDUSD Prpject Socials and Important links: đWebsite: https://www.ether.fi/ đX: https://twitter.com/ether_fi đDiscord: https://discord.com/invite/zqGzcuQWvD đTelegram: https://t.me/+C3fpSjmPqzA5NTVh đMedium: https://medium.com/etherfi #ETHFILAUNCHPOOL
Watch my video for everything AEVO - From how to farm it on Binance Launchpool to how to use AEVO DEX. And dont forget I am pretty bullish on whats coming from AEVO Team! #AEVOLAUNCHPOOL
Watch my video for everything AEVO - From how to farm it on Binance Launchpool to how to use AEVO DEX. And dont forget I am pretty bullish on whats coming from AEVO Team! #AEVOLAUNCHPOOL
AEVO - Another bullish Project on Binance Launchpool
Hey Folks, it's time to share my opinion for another Project coming on Binance Launchpool. That's AEVO! What is AEVO? Its the first Derivatives L2, focused on options & perps trading! Built on #Ethereum and backed by huge names in the Industry like Coinbase, Paradigm and Dragonfly! Why I believe AEVO will be huge and is good Long term Hold? I want you just to look at the following picture:In some days without even it's token yet AEVO got more volume than all well known DEXs out there! And the most important thing to mark here is actually that only DYDX was close to that, not any other single DEX! I am using AEVO personally since I love to trade options and so far my experience has been excellent. Everything works super fast and smooth! About the price that I think we will have let me share the Tokenomics with you:Not too many tokens are hitting the Market on Listing and also vesting for Private Sale is pretty good and no huge dump will occur. So I'm expecting good performance on Listing. And of course is Binance Launchpool Project. Everything do good Numbers. But the key is always to try and hold a bit long term and you will get the real benefits of been patient! USE Cases of AEVO:Aevo supports options, perpetual futures, and many other products within a single margin account. Combining off-chain matching with on-chain settlement, the platform allows traders to have unparalleled performance and latency while inheriting the security of Ethereum. With one account you have it all Folks, how dope is that? TWO FARMING POOLS OPENING 8TH OF MARCH:đ„ Stake BNB to earn AEVO:https://launchpad.binance.com/en/viewAll/lpđ„ Stake FDUSD to earn AEVO:https://launchpad.binance.com/en/viewAll/lpBoth Pools will be live for 5 days and will start at 00.00 UTC Time on 8th of March! AEVO Socials:Website: https://www.aevo.xyz/Whitepaper: https://docs.aevo.xyz/aevo-exchange/introductionX: https://twitter.com/aevoxyzDiscord: https://discord.com/invite/aevoMedium: https://aevo.mirror.xyz/#AEVOLAUNCHPOOL
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