Standing on ETH, outpacing BTC, what exactly has SUI been taking?
BTC prices keep hitting new highs, but many players, including myself, are not happy because many of the assets in hand have minimal gains, and some haven't even broken even. Of course, if you hold $SUI, you have really won big recently. Looking through the data from the past three months, you will find that $SUI might be the only L1 asset outperforming Bitcoin: since August 5, BTC has risen from 49,000 to 89,000, an increase of over 80%, ETH has increased by 58%, while during the same period, $SUI has surged sixfold, very similar to $INJ from that year.
In fact, besides the strong token price, SUI's ecological development this year is also on a healthy track, outperforming many L2s that have turned into ghost towns after their tokens were issued. Coupled with Binance's support, SUI's market expectations have been fully raised. Here are several undeniable facts:
Incredible! He once mined ETH in his university dormitory, made millions by burning paintings on live broadcast, and now he wants to rebuild L1
All signs indicate that the Layer1 project XION, which has raised over 36 million in financing, is coming. According to the official news, XION has completed the largest-scale upgrade. Those who have used it should go to bind their wallet and upgrade their account as soon as possible: https://testnet.dashboard.burnt.com/ Unlike other Layer1 projects, XION focuses on chain abstraction, has no wallet, and no Gas. It aims to solve the biggest obstacle facing the widespread adoption of Web3, provide developers with the infrastructure to create user-friendly Web3 applications, and provide users with a simple and seamless user experience. While everyone is paying attention to whether snapshots will be taken and when airdrops will occur, we might as well take some time to learn more about XION. After all, this project is somewhat different from other Layer1 projects in terms of team background and technical implementation.
Tearfully reviewing Scroll’s rise to the top of Binance: Two years of waiting, a dream comes true or wakes up (with benefits)
Binance launched Scroll and opened pre-market trading, marking the first post-holiday launch of Web3. My first reaction to this news was: I have worked hard for more than two years and finally I will see the return of money. However, when I saw the token model officially announced by Scroll, I was a little angry. I will talk about the specific reasons later.
I specifically looked up the DC records. I joined DC on the evening of April 21, 2022, and sent my first sentence at 0:00 on the 22nd. Since then, I have hardly missed any official activities. Now witnessing this product being listed on Binance, I feel the same as a farmer harvesting.
10 Questions for Changpeng Zhao: Where to Go Next (with Interview Transcript)
While everyone was asleep, the industry’s much-coveted CZ was released from U.S. regulators.
Although he declined to be interviewed, a Binance spokesperson told the media: "We are happy that CZ will be returning home with his family. Although he does not manage or operate Binance, we are excited to see what he will do next." At this point, CZ ended his four-month prison life, and his next move has become the focus of attention. However, according to the settlement agreement reached earlier, CZ has resigned from the position of CEO of Binance and is not allowed to participate in any "daily" activities of the company in the future.
Exclusive on the entire network! Fat Penguin joins L2 and teaches you step by step how to win huge airdrops
I bought my first fat penguin @pudgypenguins 3 years ago, at a cost of 0.7E, worth 2800U. At that time, I bought it simply out of pure love. Even if it was worth nothing, I still thought it looked good.
Unlike other blue chips, Fat Penguin really exploded in the bear market. After the community split, the @LucaNetz team took over and led Fat Penguin to develop in both Web2 and Web3, gaining support from a number of industry OGs. The floor was as high as over 20E, surpassing Boring Ape at one point, becoming the face of the entire NFT sector, and one of the few projects that can maintain its floor without relying on Ponzi schemes. For holders, this process is hard but wonderful. Like me, many early holders have witnessed the ups and downs of Fat Penguin, experienced confusion and helplessness, but chose to continue holding because of their love for it, and never thought that they would be hit by various airdrops.
Exclusive revelation: Hamster is launched on Binance, is the TON dividend over?
In one day, Hamster will be listed on Binance. Interestingly, another popular TG game Catizen just landed on Binance through Lanchpool a few days ago.
In just a few days, Binance launched two top TG projects, which really excited the participants of the TON ecosystem. From the perspective of return rate, the following two groups are most comfortable: ①BNB holders For BNB holders, Binance IPOs = free money. Especially in the past half month, BNB has increased significantly. Not only did the holders get this part of the profit, but they also got 2 new coins for free, which is really enviable. Catizen mining has ended, and Hamster has also entered its final stages, with participants sharing 3% of the total tokens. In addition to Lanchpool, users can also participate in the Hamster Super Coin Earning Event.
Breaking news! Telegram founder arrested, where will the TON ecosystem go?
Written in front: Just before $DOGS was launched on Binance, the founder of Telegram was arrested, and TON plummeted. It seemed that many people were pessimistic about the TON ecosystem. In fact, Telegram was forced to withdraw from TON due to regulatory pressure, and it was not until March last year that it announced its cooperation with TON, so strictly speaking, the founder of Telegram is not a central figure in TON. I hope that the TON ecosystem can survive this black swan event. text: The TON ecosystem is gaining unprecedented attention, and the biggest promoter is Binance: On May 9, Binance announced that the new Lanchpool project is TG Mini Game Notcoin
Binance launches BANANA, firing the first shot against VC?
After many days, Binance finally opened new listings, and the lucky winner this time is @BananaGunBot, a Telegram trading robot with real users and stable income. There are two highlights of this new issue: ① On the occasion of Binance’s 7th anniversary, Binance chose to give back to BNB holders: Any user who used BNB to subscribe for regular or current products on the EarnCoin platform between 8:00 on June 23 and 7:59 on July 6 will directly receive airdrop allocations without any additional operations. ②This is Binance’s first attempt to support small and medium-sized crypto projects. Banana Gun fits the profile of “small and medium-sized projects with good fundamentals, organic community foundation, and sustainable business model” proposed by Binance.
The hacker attack caused losses of over 10 million! The truth behind Lista's counterattack is revealed
For a long time, "BSC has no big hair" has been the consensus in the wool circle. If you spend a lot of energy on BSC ecological projects, you will be regarded by group members as a fool who doesn't know how to do anything. However, with Lista listed on Binance, some conventions may be changing. On May 23, Binance officially announced that the second phase of Megadrop will launch Lista (LISTA). Users can share 10% of the total tokens by staking BNB to complete Web3 tasks. The deadline is June 20.
There are two points to note here: ①Megadrop is Binance’s flagship product this year. The first phase of the project, BB, has already made participants taste the sweetness, and the yield of the second phase should not be bad either;
The next SHIB? Binance’s listing of Notcoin sends out five major signals
Binance's new Lanchpool project Notcoin started mining today and will last for 3 days, releasing 3% of the total tokens: https://launchpad.binance.com/zh-CN Notcoin has always been regarded as the Meme of the Ton ecosystem. The gameplay is very simple. You only need to click on the mobile phone screen to start mining. It has neither awesome technology nor grand narrative, nor the support of top VCs. Even the white paper is blank. However, such a small game has attracted 30 million users through virality, with a daily active user base of 5 million, beating a number of VC-backed superstars in terms of data. The funny thing is that most of the superstars’ data comes from endless PUA activities.
Big Mao must play! Eclipse raises 65 million yuan, Q2 mainnet
One of the most anticipated projects in Q2 this year is Eclipse. The project is committed to developing the first Ethereum Layer 2 using the Solana Virtual Machine (SVM). In March this year, it announced the completion of a $50 million Series A financing round, led by Placeholder and Hack VC. So far, Eclipse’s total financing amount has reached $65 million.
Other notable participants in the round include Polychain Capital, Delphi Digital, Maven 11, DBA, Apollo-managed funds, Fenbushi Capital, and ParaFi Capital. In addition, the round includes strategic support from Flow Traders, GSR, Auros, and OKX Ventures. Various researchers and builders participated as angel investors, including Barnabé Monnot (Ethereum Foundation), John Adler (Celestia Labs), Austin Federa (Solana Foundation), ZachXBT, and Meltem Demirors.
It's really here this time! L0 announced the completion of the first round of snapshots. Their valuation in the last round of financing was 3 billion US dollars. Multi-account users can sit back and wait for the flood of wealth #Airdrop #内容挖矿
💥Food post: 6 "most" things about Renzo's listing on Binance
The biggest hot spot these days is Renzo's listing on Binance, which has attracted a lot of attention and has a lot of ups and downs.
As the second leader in the LRT track, Renzo is a liquidity re-staking protocol based on EigenLayer. By introducing the derivative token ezETH, it effectively releases the liquidity of re-staking ETH. At the same time, it uses algorithms to balance returns and risks in real time, automatically making the best configuration choices for users, and ensuring stable and considerable investment returns.
Renzo launched its mainnet in October last year. The current TVL exceeds US$3 billion. There are two known rounds of financing:
· In January this year, Renzo completed a seed round of financing of US$3.2 million with a valuation of US$25 million, led by Maven11, and participated by OKX, IOSG, SevenX, etc.
· In February this year, Binance Labs announced an investment in Renzo, and the specific amount was not disclosed.
The total amount of the official token $REZ is 10 billion, with an initial circulation of 1.05 billion, of which 2.5% is allocated to Binance Lanchpool, allowing users to mine by staking BNB or FDUSD until April 30, portal: https://launchpad.binance.com/zh-CN/
Renzo's valuation can be directly benchmarked against ether.fi, because the two have comparable TVLs, similar initial circulations, and both are first launched on Binance Lanchpool.
According to the calculation of the Daily Planet, based on the real-time price of ETHFI of $3.9, the corresponding $REZ price calculated with the same FDV is $0.39, and the weighted FDV difference is $0.34; the corresponding $REZ price calculated with the same MC is $0.43, and the weighted FDV difference is $0.37.
On the eve of Binance's launch of Renzo, let's take stock of the six "most" belonging to Renzo.
1. The fastest growing LRT protocol
Renzo officially launched its product on December 18 last year, and in the following 13 weeks, it received over $2 billion in TVL, becoming the fastest growing liquid re-staking protocol + top EigenLayer ecological project.
According to Deflama statistics, Renzo's current TVL is 3.25 billion, ranking second in the LST track for a long time, second only to ether.fi (current TVL 3.845 billion).
Judging from the TVL alone, Renzo is indeed strong enough to be listed on Binance.
2. The most likely Binance new project
Renzo received Binance investment, and the first launch of Lanchpool was a high probability event. This speculation was almost 100% verified when Binance announced the launch of $ETHI.
The reason is simple. Ether.fi is the leader in the LRT track. It was able to be launched on Binance without Binance investment, which sent an important signal: Binance is long on this track and has started the listing trend of LRT head projects.
In terms of TVL, Renzo and Puffer are following ether.fi closely. Both of them have received investment from Binance, and it is only a matter of time before they are listed on Binance.
3. The fastest token code change
Renzo's original token code was $EZ, but there was another project in the market that used EZ as the token code, which caused confusion in the community.
A few hours after the Binance mining announcement was released, it was decided to update Renzo's token code from "EZ" to "REZ" after consultation with the Renzo team.
Through this episode, we can't help but worry about @zksync: $ZK and $ZKS have been taken away by others, what is your token called?
4. The most dramatic depegging
On April 24, Renzo announced the token model, which caused dissatisfaction in the community because the distribution plan was too centralized and the airdrop collection time was later than the Binance opening.
This move not only triggered a community siege, but also caused a large amount of selling pressure on ezETH, and the short-term depegging fell to $688. During this period, a whale purchased 2,499 ezETH with 2,400 ETH, making a net profit of 99 ETH.
5. The team that listens to the community the most
On April 25, after extensively listening to the community's opinions, the Renzo team modified the token economics, increasing the total community token allocation from 30% to 32%, and the airdrop share from 10% to 12% (the total supply in the first quarter increased from 5% to 7%, and the additional 2% was borne by liquidity and the foundation), and the claim date was changed to 1 hour before Binance opened.
In addition, the minimum qualification for each wallet airdrop is 360 ezPoints, and most airdrop addresses can be fully unlocked after TGE. Wallets with more than 500,000 ezPoints will unlock 50% at TGE, and the rest will be unlocked linearly within 3 months.
Soon, the community's evaluation of Renzo reversed in two levels. It has to be said that the Renzo team is a model of listening to advice the most. Compared with some projects that insist on their own way and ignore the voice of the community, the pattern is N times larger.
6. The most worthwhile project to ambush after Renzo
Renzo is listed, bouncebit has also been officially announced, Babylon is too early, and the only Binance-based staking projects that can be heavily invested in are Puffer and StakeStone.
I have participated in both projects, but Puffer is too competitive and has stopped adding positions. It is estimated that it is not far from the top. If you don’t have a large amount of funds, it is not recommended for new users to enter the market at this time.
As for StakeStone, the TVL is only more than 600 million, and the cost-effectiveness may be the highest.I have been buying multiple accounts recently, starting from 0.25E for each account, so I can kill five birds with one stone, and I can also buy the unissued coins Scroll and L0.
A group member got hundreds of thousands of free in one night! You can do the same after reading this article
The market keeps falling, and the only hope in the near future is OMNI. Although the number of airdrops found so far is less than expected, the fact that OMNI can be launched on Binance is indeed far beyond expectations.
The total amount of OMNI tokens is 100 million, and the initial circulation is only 10,391,492, of which Binance Lanchpool can mine 3.5 million.
For the OMNI project, it is really familiar. Their predecessor was DAO liquidity provider Rift. In February 2022, it announced the completion of 18 million financing, led by Pantera and participated by Coinbase. Last year, it was transformed into L1 and renamed OMNI.
I started the CX project in February 2022 and participated in almost all activities, combining MOD, contributor, AMA/deposit POAP, etc. Later, the project transformed, and the MOD and contributor identities were removed, leaving only OG (a total of 162 communities).
According to common sense, the OMNI airdrop will give weight to OG and POAP holders, but the currently announced rules do not take both into account. Fortunately, the current airdrop plan does not seem to be the final version. I hope the team will listen to the opinions of the community and focus on taking care of OG and POAP holders. After all, we are the old friends who have been with the project for 3 years.
It is gratifying that many group members have won $OMNI under my repeated CX. Some group members made a temporary assault with multiple accounts and easily won hundreds of them. Congratulations in advance.
Through the OMNI airdrop, I want to emphasize two points: you think it is too little, but there are actually more people who are carrying the burden, such as me; for projects with a history of transformation, if you continue to be optimistic, take the attitude of treating new projects and win.
Complaints are complaints, but you still can't forget why you started in the first place. It's like you have worked hard to lick the goddess for many years, but the goddess married and had children with someone else. All you can do is wish her happiness. Next, let's take a comprehensive look at OMNI, the "goddess":
① Project Overview
Omni was formerly Rift, and is currently an interoperability layer based on Ethereum, enabling developers to program global applications across the entire Rollup ecosystem of Ethereum.
The official adopts a dual pledge model of re-staking ETH and its own OMNI tokens, and protects its validator set through re-staking ETH, making its security consistent with Ethereum L1, thereby achieving higher stability.
②Team background
OMNI core members all have Harvard backgrounds, which is top-notch in the entire Web3 field.
@0xASK: CEO, graduated from Harvard University and Stanford University, worked at Ripple and Microsoft
@ttarsi_: CTO, graduated from Harvard University, and then worked as a teaching assistant in Harvard Mathematics Department
@MattPoreda: COO, graduated from St. Petersburg State University and Harvard Business School, worked at IBM and Harvard Kennedy School
As the earliest contributor to OMNI, I sincerely give a suggestion to several bosses: the airdrop range should take into account community OG and POAP holders as much as possible, as they are the earliest supporters.
③Financing situation
According to Binance research reports, Omni raised $18.1 million through two rounds of private token sales, totaling 20.1% of the total token sales, with unit prices of $0.18 and $1.5 respectively in the two rounds.
Omni has good investors, including Pantera, Coinbase and other large institutions, as well as Ma Ti, Aave/Lens founders.
④Project highlights
Referring to Binance Research Report, Omni has the following 4 highlights:
Dual staking model: Omni is a proof-of-stake network protected by the total value of re-staked ETH and staked OMNI.
Sub-second verification: Omni nodes use CometBFT consensus to process cross-aggregate messages and Omni EVM transactions within one second, using alternative finalization mechanisms such as pre-confirmation and transaction insurance, which can provide sub-second finalization for cross-aggregate messages.
Diverse aggregation support: Omni is designed with minimum integration requirements to ensure compatibility with any aggregate virtual machine, programming language, and data availability architecture.
Backward compatibility: Applications can integrate Omni without modifying existing smart contracts. Instead, applications can use modified front-end instructions to send cross-aggregate messages through Omni.
⑤ Airdrop rules
According to the Genesis airdrop rules previously announced by the official, 3% of the total tokens will be used for airdrops, and the distribution plan is as follows↓
·Omni community allocation: 1.5 million, accounting for 50%
·EigenLayer re-staking users: 400,000, accounting for 13.3%
·Beacon chain Solo stakers: 300,000, accounting for 10%
·Milady Maker and Redacted Remilio Babies NFT holders: 380,000, accounting for 12.7%
·Pudgy Penguin NFT holders: 170,000, accounting for 5.7%
·Ninjas NFT holders: 75,000, accounting for 2.5%
·Strategic cooperation agreement allocation: 175,000, accounting for 5.8%
After reading this rule, I am both happy and sad. I am happy that my fat penguin can get dozens of coins, which is more than many users who have participated in the test from beginning to end. I am sad that the role and POAP I got during the Rift period have no weighting.
Currently, the airdrop plan is controversial, focusing on two points:
1) The airdrop share given to the external NFT community is large, which dilutes the proportion of members of this community
2) The OG identity representing loyal supporters has no weighting, and the POAP that is saved by saving money on the main network with dozens of dollars of gas is useless
Today, DC means that the airdrop rules are still being revised, and a last-minute reversal is not ruled out. It is recommended that early supporters unite and calmly feedback their demands, and at the same time hope that the team will listen to the opinions of the community widely.
Group members made tens of thousands of dollars overnight. What exactly is Binance’s new coin OMNI?
The market keeps falling, and the only hope in the near future is OMNI. Although the number of airdrops found so far is lower than expected, the fact that OMNI was first launched on#Binanceis indeed far beyond expectations. The total number of OMNI tokens is 100 million, with only 10,391,492 in circulation initially. Of these, 3.5 million can be mined in Binance Lanchpool, with less than 3 days left: https://launchpad.binance.com/zh-CN
The OMNI project is really familiar to everyone. Their predecessor was the DAO liquidity provider Rift. In February 2022, they announced the completion of 18 million financing, led by Pantera and participated by Coinbase. Last year, they transformed into L1 and changed their name to OMNI.
Big Whales Invest 40 Million US Dollars in Mining, Is Saga the Next Hundred-fold Opportunity?
On April 4, Binance announced a new Lanchpool project: Saga. This is a Layer 1 protocol that allows developers to automatically launch parallel, interoperable, dedicated chains (Chainlets) for different virtual machines. It may seem a bit confusing, but it is easy to understand in plain language: it helps developers launch chains with one click. Saga has raised a total of US$15 million from investors including Placeholder, Maven11, Longhash, Samsung, Com2uS, Polygon, Merit Circle, Figment and Chorus One. The total amount of the official token $SAGA is 1 billion, and the initial circulation of TGE is 9%, of which 45 million is allocated to Binance Lanchpool, supporting BNB and FDUSD mining: https://launchpad.binance.com/zh-CN/
Binance has launched $ENA, and it is said that some people are already looking at cars and houses.
Binance has released something new again. The protagonist of this issue is the synthetic USD stablecoin protocol @ethena_labs. It is said that the friends who have played with it are already looking at cars and houses. Ethena has raised a total of US$20 million in financing, and its final round valuation was US$300 million. Its main product is the stable currency USDe, and the collateral assets are composed of equal amounts of long spot ETH and short futures ETH. On April 2, the Ethena governance token $ENA will be launched on Binance, and an airdrop of 750 million tokens will be launched. Referring to the recent performance of Binance Lanchpool, both mining participants and airdrop recipients have made considerable profits.
In-depth reveal: Binance launches ETHFI, what signals does it send?
A typical characteristic of the bull market is the rapid creation of new funds, and#Binancedemonstrates this vividly. On March 12, Binance announced the new Lanchpool project: ether.fi ($ETHFI ). The project provides liquidity staking services, with a cumulative financing of 32.3 million US dollars. The current TVL exceeds 3 billion US dollars, the total token supply is 1 billion, the initial circulation is 11.52%, and Binance Lanchpool releases 2%. Interestingly, although Binance has invested in multiple projects in the ReStaking track, ETHFI is not among them. The official announcement of this issue of Lanchpool was actually earlier than the opening of the previous project #AEVO, which is unprecedented in my impression.