Binance announces the launch of Solv Protocol on its Megadrop platform! How to Participate?
Binance announces the third project on the Megadrop platform - Solv Protocol (SOLV token) - with a reward of 588,000,000 SOLV. Binance launches the third project on the Megadrop platform named Solv Protocol (SOLV token). This is a BTC staking protocol aimed at building a financial ecosystem around Bitcoin. Details of Solv Megadrop: 👉Token name: Solv Protocol (SOLV) 👉Maximum total supply: 9,660,000,000 SOLV (can be increased through network governance for Bitcoin reserve offering) 👉Genesis token total supply: 8,400,000,000 SOLV (86.96% of maximum total supply) 👉Megadrop reward: 588,000,000 SOLV (7% of Genesis supply, accounting for 6.09% of maximum supply) 👉Initial supply at listing: 1,482,600,000 SOLV (17.65% of Genesis supply, accounting for 15.35% of maximum supply) What is Solv Protocol? Solv Protocol is a platform that supports generating interest to bring profits to investors from crypto assets. Solv has launched SolvBTC, SolvETH, and SolvUSD, providing yield opportunities for BTC, ETH, and stablecoins USDC and USDT, aiming to offer native yield for a variety of assets. Users can maximize capital utilization and earn interest in the Bull market by holding Solv Protocol products. Solv Protocol is a unified Bitcoin liquidity layer, connecting Bitcoin's trillion-dollar economy with DeFi by consolidating dispersed liquidity through SolvBTC. SolvBTC offers Bitcoin holders access to LST, supporting yield earning on Bitcoin across any chain. By staking with Solv, Bitcoin remains liquid, allowing users to leverage a range of DeFi applications. Solv Finance introduces various yield and asset opportunities in the crypto sector, aiming to become crucial infrastructure linking liquidity across DeFi, CeFi, and TradFi. The project's founding team includes Meng Yan, former Vice President of CSDN, and Will Wang, who led the design and development of the world's largest bank accounting system based on open and distributed technology, along with experienced co-founders and team members. Solv raised a total of $14 million in funding from notable investment funds such as Binance Labs, Blockchain Capital, Jump Capital, etc. Solv Protocol has undergone comprehensive security audits by Quantstamp, Certik, SlowMist, Salus, and Secbit, ensuring the highest safety standards. As of July, Solv Finance has over $1.31 billion in TVL from more than 303,000 users. What is SolvBTC? SolvBTC is the flagship product of the ecosystem, helping users seamlessly engage in the growing "BTCFi" space. SolvBTC is now available on Ethereum, BNB Chain, Arbitrum, and Merlin Chain. SolvBTC acts as a key to DeFi supported by Bitcoin across all chains. SolvBTC is guaranteed 1:1 by Bitcoin or Wrapped Bitcoin. SolvBTC and its derivatives provide yield that can be integrated with various DeFi protocols, offering flexibility and maximum access to the thriving BTCFi ecosystem. Key integrations include: DEXs: Providing instant liquidity and access to high-quality yields for SolvBTC holders. Lending protocols: Allowing SolvBTC holders to lend their tokens, earning profit based on leveraged interest positions. Yield trading protocols: Enabling users to trade future yields of SolvBTC derivatives, manage yield volatility, and optimize profits.
Features of Solv Protocol ERC-3525 In September 2022, the Ethereum Foundation approved ERC-3525 Semi-Fungible Token (SFT) as the 35th ERC standard. ERC-3525 combines the quantity characteristics of ERC-20 (ability to issue any quantity) and the uniqueness of ERC-721 (uniqueness of NFTs). The Solv technical team, creators of ERC-3525, has open-sourced this protocol, and many development groups are building products in various fields such as RWA, DeFi, and social applications based on ERC-3525. The basic stUSD Vault is in private testing, supported by $900,000 of trial capital provided by the Solv team to verify effectiveness and reliability. All users can track the performance and returns of this trial fund in real-time via the Solv interface. stUSD reached an ATH APY of 44.5%. Risk management tools Non-custodial solution With Solv Protocol, all user assets and liquidity pool LP tokens are stored in smart contracts, ensuring assets are not affected by third parties. Multi-party controlled Vaults Solv Protocol applies decentralized MPC to manage capital, with transactions jointly controlled by multiple parties. Custodians, managers, and liquidators all control transaction rights under integrated protection rules in the contract code. Even with consensus, no one can transfer assets out of the system. This design minimizes counterparty risk, increases transaction flexibility, and restricts unauthorized withdrawals. NAV management base on oracles Solv uses an oracle-based NAV management system to ensure the face value of fund shares matches the value of underlying assets. This protects investment decisions, redemptions, and payments. Additionally, this mechanism ensures tokens issued by the platform accurately reflect value, allowing seamless integration of Solv fund tokens into the DeFi ecosystem. Efficient settlement In volatile market conditions, Solv Protocol can use the oracle-based NAV management system to timely capture changes in the net value of funds and execute settlements, ensuring the platform can respond quickly to fluctuations in fund value. Enhanced security system Custodians Solv Protocol prioritizes user asset security and control through technical architecture and strategic partnerships with leading crypto custodians and auditors. Utilizing advanced security measures, comprehensive audits, and top crypto custodians like Copper, Ceffu, Cobo, and Fireblocks, Solv Protocol ensures safe and transparent collateral asset management. Custodians provide "Off-Exchange Settlement" solutions, allowing Solv to authorize and deauthorize assets to and from centralized exchanges without physically transferring assets. This minimizes risks related to exchange failures, ensuring actual asset ownership belongs to Solv. Solv Guard Solv Guard is an intermediary layer between underlying assets and user assets, adding an extra security mechanism on top of smart contracts. Solv Guard can be customized for individual asset group trading strategies, allowing control and customization of asset manager authorities. The main role of Solv Guard is to limit the multi-signature function of the "Safe" smart contract wallet within a specific scope. Solv Guard configures a Guardian Vault for each Vault, specifying target addresses and their permissions. To ensure security and upgradability, Solv Guard has a separate governance mechanism from its operational mechanism. Solv Vault Guardian is responsible for execution, while the Governor controls governance, potentially managed by the community and asset managers. This includes a Time Lock feature to ensure transparency and user choice. The Governor has broad powers, including upgrading the Guardian, adding or removing authorizations, managing native token transactions and whitelisted addresses, transferring Governor powers, or permanently disabling governance rights. Even if there are issues with the Guardian, the Governor can take timely remedial measures to maximize user asset protection. Reward system Solv has launched a reward system to encourage user participation in its ecosystem. In the first phase, users can earn basic experience points (XP) by depositing into Solv Vault, with XP earned increasing based on the amount and time staked. Additionally, users can invite friends to receive a commission equivalent to 10% of the invited user's basic XP. Users can also receive additional XP bonuses by reaching certain investment thresholds or participating in community activities. Accumulated XP can be used to receive SOLV token airdrops and participate in BTC-Fi ecosystem airdrop activities. However, SolvBTC purchased on the secondary market does not count for XP. What is Binance Megadrop? Binance Megadrop is a platform for launching new tokens, integrating Binance Simple Earn and Binance Web3 Wallet, which increases the opportunity to access new Web3 projects before they are listed. It combines interaction, learning, and rewards, providing a unique experience in the Binance ecosystem and cryptocurrency space. How to participate in Binance Megadrop 👉Log in to your Binance account.
👉Sign up for the BNB Locked product or complete Web3 tasks to accumulate points.
👉Complete Web3 tasks on the Binance app to receive a point multiplier.
👉Receive Megadrop rewards based on total points. Megadrop reward distribution mechanism Rewards are calculated based on the user's accumulated points ratio to the total accumulated points of all users. 👉Locked BNB points: Calculated based on the number of BNB locked and the locking duration. 👉Web3 task bonus and boost: Calculated when completing designated tasks. 👉Points calculation formula: Total Points = (Locked BNB Points * Web3 Multiplier) + Web3 Task Bonus. Note: Megadrop is only available for eligible regions. Rewards will be airdropped to users' Spot Binance wallets. #SolvProtocolMegadrop
Binance announces the launch of Solv Protocol on its Megadrop platform! How to Participate?
Binance announces the third project on the Megadrop platform - Solv Protocol (SOLV token) - with a reward of 588,000,000 SOLV. Binance launches the third project on the Megadrop platform named Solv Protocol (SOLV token). This is a BTC staking protocol aimed at building a financial ecosystem around Bitcoin. Details of Solv Megadrop: 👉Token name: Solv Protocol (SOLV) 👉Maximum total supply: 9,660,000,000 SOLV (can be increased through network governance for Bitcoin reserve offering) 👉Genesis token total supply: 8,400,000,000 SOLV (86.96% of maximum total supply) 👉Megadrop reward: 588,000,000 SOLV (7% of Genesis supply, accounting for 6.09% of maximum supply) 👉Initial supply at listing: 1,482,600,000 SOLV (17.65% of Genesis supply, accounting for 15.35% of maximum supply) What is Solv Protocol? Solv Protocol is a platform that supports generating interest to bring profits to investors from crypto assets. Solv has launched SolvBTC, SolvETH, and SolvUSD, providing yield opportunities for BTC, ETH, and stablecoins USDC and USDT, aiming to offer native yield for a variety of assets. Users can maximize capital utilization and earn interest in the Bull market by holding Solv Protocol products. Solv Protocol is a unified Bitcoin liquidity layer, connecting Bitcoin's trillion-dollar economy with DeFi by consolidating dispersed liquidity through SolvBTC. SolvBTC offers Bitcoin holders access to LST, supporting yield earning on Bitcoin across any chain. By staking with Solv, Bitcoin remains liquid, allowing users to leverage a range of DeFi applications. Solv Finance introduces various yield and asset opportunities in the crypto sector, aiming to become crucial infrastructure linking liquidity across DeFi, CeFi, and TradFi. The project's founding team includes Meng Yan, former Vice President of CSDN, and Will Wang, who led the design and development of the world's largest bank accounting system based on open and distributed technology, along with experienced co-founders and team members. Solv raised a total of $14 million in funding from notable investment funds such as Binance Labs, Blockchain Capital, Jump Capital, etc. Solv Protocol has undergone comprehensive security audits by Quantstamp, Certik, SlowMist, Salus, and Secbit, ensuring the highest safety standards. As of July, Solv Finance has over $1.31 billion in TVL from more than 303,000 users. What is SolvBTC? SolvBTC is the flagship product of the ecosystem, helping users seamlessly engage in the growing "BTCFi" space. SolvBTC is now available on Ethereum, BNB Chain, Arbitrum, and Merlin Chain. SolvBTC acts as a key to DeFi supported by Bitcoin across all chains. SolvBTC is guaranteed 1:1 by Bitcoin or Wrapped Bitcoin. SolvBTC and its derivatives provide yield that can be integrated with various DeFi protocols, offering flexibility and maximum access to the thriving BTCFi ecosystem. Key integrations include: DEXs: Providing instant liquidity and access to high-quality yields for SolvBTC holders. Lending protocols: Allowing SolvBTC holders to lend their tokens, earning profit based on leveraged interest positions. Yield trading protocols: Enabling users to trade future yields of SolvBTC derivatives, manage yield volatility, and optimize profits.
Features of Solv Protocol ERC-3525 In September 2022, the Ethereum Foundation approved ERC-3525 Semi-Fungible Token (SFT) as the 35th ERC standard. ERC-3525 combines the quantity characteristics of ERC-20 (ability to issue any quantity) and the uniqueness of ERC-721 (uniqueness of NFTs). The Solv technical team, creators of ERC-3525, has open-sourced this protocol, and many development groups are building products in various fields such as RWA, DeFi, and social applications based on ERC-3525. The basic stUSD Vault is in private testing, supported by $900,000 of trial capital provided by the Solv team to verify effectiveness and reliability. All users can track the performance and returns of this trial fund in real-time via the Solv interface. stUSD reached an ATH APY of 44.5%. Risk management tools Non-custodial solution With Solv Protocol, all user assets and liquidity pool LP tokens are stored in smart contracts, ensuring assets are not affected by third parties. Multi-party controlled Vaults Solv Protocol applies decentralized MPC to manage capital, with transactions jointly controlled by multiple parties. Custodians, managers, and liquidators all control transaction rights under integrated protection rules in the contract code. Even with consensus, no one can transfer assets out of the system. This design minimizes counterparty risk, increases transaction flexibility, and restricts unauthorized withdrawals. NAV management base on oracles Solv uses an oracle-based NAV management system to ensure the face value of fund shares matches the value of underlying assets. This protects investment decisions, redemptions, and payments. Additionally, this mechanism ensures tokens issued by the platform accurately reflect value, allowing seamless integration of Solv fund tokens into the DeFi ecosystem. Efficient settlement In volatile market conditions, Solv Protocol can use the oracle-based NAV management system to timely capture changes in the net value of funds and execute settlements, ensuring the platform can respond quickly to fluctuations in fund value. Enhanced security system Custodians Solv Protocol prioritizes user asset security and control through technical architecture and strategic partnerships with leading crypto custodians and auditors. Utilizing advanced security measures, comprehensive audits, and top crypto custodians like Copper, Ceffu, Cobo, and Fireblocks, Solv Protocol ensures safe and transparent collateral asset management. Custodians provide "Off-Exchange Settlement" solutions, allowing Solv to authorize and deauthorize assets to and from centralized exchanges without physically transferring assets. This minimizes risks related to exchange failures, ensuring actual asset ownership belongs to Solv. Solv Guard Solv Guard is an intermediary layer between underlying assets and user assets, adding an extra security mechanism on top of smart contracts. Solv Guard can be customized for individual asset group trading strategies, allowing control and customization of asset manager authorities. The main role of Solv Guard is to limit the multi-signature function of the "Safe" smart contract wallet within a specific scope. Solv Guard configures a Guardian Vault for each Vault, specifying target addresses and their permissions. To ensure security and upgradability, Solv Guard has a separate governance mechanism from its operational mechanism. Solv Vault Guardian is responsible for execution, while the Governor controls governance, potentially managed by the community and asset managers. This includes a Time Lock feature to ensure transparency and user choice. The Governor has broad powers, including upgrading the Guardian, adding or removing authorizations, managing native token transactions and whitelisted addresses, transferring Governor powers, or permanently disabling governance rights. Even if there are issues with the Guardian, the Governor can take timely remedial measures to maximize user asset protection. Reward system Solv has launched a reward system to encourage user participation in its ecosystem. In the first phase, users can earn basic experience points (XP) by depositing into Solv Vault, with XP earned increasing based on the amount and time staked. Additionally, users can invite friends to receive a commission equivalent to 10% of the invited user's basic XP. Users can also receive additional XP bonuses by reaching certain investment thresholds or participating in community activities. Accumulated XP can be used to receive SOLV token airdrops and participate in BTC-Fi ecosystem airdrop activities. However, SolvBTC purchased on the secondary market does not count for XP. What is Binance Megadrop? Binance Megadrop is a platform for launching new tokens, integrating Binance Simple Earn and Binance Web3 Wallet, which increases the opportunity to access new Web3 projects before they are listed. It combines interaction, learning, and rewards, providing a unique experience in the Binance ecosystem and cryptocurrency space. How to participate in Binance Megadrop 👉Log in to your Binance account.
👉Sign up for the BNB Locked product or complete Web3 tasks to accumulate points.
👉Complete Web3 tasks on the Binance app to receive a point multiplier.
👉Receive Megadrop rewards based on total points. Megadrop reward distribution mechanism Rewards are calculated based on the user's accumulated points ratio to the total accumulated points of all users. 👉Locked BNB points: Calculated based on the number of BNB locked and the locking duration. 👉Web3 task bonus and boost: Calculated when completing designated tasks. 👉Points calculation formula: Total Points = (Locked BNB Points * Web3 Multiplier) + Web3 Task Bonus. Note: Megadrop is only available for eligible regions. Rewards will be airdropped to users' Spot Binance wallets. #SolvProtocolMegadrop
Introducing Bio Protocol (BIO): The Future of On-Chain Science
BIO Protocol was the first biotech project funded by Binance Labs, following CZ’s strong advocacy for DeSci and biotech innovation. BIO Protocol will debut on Binance Launchpool, with trading starting on January 3, 2025. BIO Protocol is a trailblazing project in the field of decentralized science (DeSci), designed to revolutionize biotechnology innovation through a decentralized scientific model. This protocol creates a platform to connect scientists, investors, and the global community to collaboratively fund, build, and own groundbreaking biotechnology research. Beyond financial support, BIO Protocol encourages active community participation in the development and governance of biomedical projects. BIO Protocol isn’t just a crowdfunding platform. It aims to establish a holistic ecosystem where biotech projects are incubated, managed, and developed with access to decentralized resources. This ecosystem enables researchers to transform innovative ideas into actionable projects, access critical resources, and turn scientific breakthroughs into practical applications, thereby driving sustainable growth in biomedical science. BIO Protocol Products BIO Protocol provides a decentralized infrastructure to support biotech research and development. Its offerings are divided into three primary products: 1. BIO Protocol Infrastructure
BIO Protocol forms the backbone of its ecosystem, enabling the efficient operation of decentralized science DAOs (bioDAOs). This infrastructure facilitates resource distribution, IP-token management, liquidity layers, and on-chain research economy frameworks. Key features include: Governance: BIO token stakers approve new bioDAOs and gain early access to their tokens. Funding: Supports bioDAOs in raising funds and managing liquidity. Incentives: Offers rewards for significant milestones, such as launching IP-tokens or conducting decentralized clinical trials. 2. BIO Launchpad BIO Launchpad connects investors with biotech projects through token auctions, enabling bioDAOs to secure early funding. Investors can bid on tokens and claim them after approval. This platform accelerates funding for research initiatives. 3. BioDAO Incubator The BioDAO Incubator is a 16-week hybrid program designed to nurture promising biotech DAO projects. It provides financial backing, mentorship, and technical resources to overcome challenges in biotech DAO development. Participants gain access to expert guidance, funding, and networks to successfully launch their DAOs. Tokenomics of BIO Protocol Token Details 👉Ticker: BIO 👉Blockchain: Ethereum 👉Type: Utility, Governance (ERC-20) 👉Total Supply: 3,320,000,000 BIO 👉Circulating Supply: 1,296,529,168 BIO Token Distribution
👉Community: 56% (including 20% for auctions and 6% for airdrops) 👉Ecosystem Incentives: 25% 👉Investors: 13.6% 👉Core Developers: 21.2% 👉Advisors: 4.2% 👉Molecule Fund: 5% Utility of BIO Token The BIO token serves as the governance and utility token of the ecosystem, granting holders rights to: 🔥Vote on and approve new bioDAOs. 🔥Access early-stage funding rounds for bioDAOs. 🔥Receive financial rewards for contributions, including health data sharing and clinical trial participation. Notable Projects in the BIO Ecosystem BIO Protocol’s ecosystem includes prominent bioDAOs working on diverse biotech innovations: 🔥VitaDAO: Research on longevity. 🔥AthenaDAO: Women’s health. 🔥PsyDAO: Mental health science and art. 🔥ValleyDAO: Biotech solutions for environmental sustainability. 🔥HairDAO: Hair loss treatments. 🔥CryoDAO: Cryopreservation advancements. 🔥Curetopia: Rare disease treatment. 🔥Quantum Biology DAO: Quantum microscopy for biology.
Storing and Trading BIO Tokens Storage BIO tokens can be stored in wallets like Trust Wallet or cold wallets (Ledger, Trezor) for enhanced security. Trading Starting January 3, 2025, BIO tokens will be available on Binance and other platforms. BIO Protocol represents a groundbreaking approach to biotechnology, combining cutting-edge technology with decentralized innovation. Its integration of blockchain and scientific research promises to deliver transparent, inclusive, and impactful solutions for global health challenges. As one of the most prominent DeSci projects, BIO Protocol offers a compelling investment opportunity in a rapidly evolving industry. 👉Link to farm $BIO with staking your $BNB or $FDUSD https://launchpad.binance.com/en/launchpool/BIO_BNB #BinanceLaunchpoolBIO
BIO on Binance launchpool. Completed overview and tutorial how to farm it!
Binance, the world’s leading cryptocurrency exchange, has announced BIO as the next project to be featured on their Binance Launchpool staking platform. Users will be able to earn BIO Protocol (BIO) tokens on Binance by staking their BNB tokens or FDUSD stablecoins until January 2rd. Users will be able to withdraw the staked coins at any time, while still keeping their BIO token rewards. 3% of the total BIO token supply will be distributed to users on the Launchpool – that amounts to 99.6 million BIO tokens out of the 3.32 billion total supply. BNB stakers will receive 85% of these rewards, while those staking FDUSD will receive the remaining 15%. It should be noted that the amount of BIO you earn depends on how big your stake is, relative to the size of the entire staking pool. There is also an hourly cap in place, dictating how much BIO users can earn in an hour – for BNB stakers it’s 35,275 BIO per user, while for FDUSD it’s 6,225 BIO. After the BIO Launchpool Campaign, BIO will be listed on Binance on January 3rd. What is BIO Protocol (BIO)? BIO Protocol is a pioneering curation and liquidity protocol for Decentralized Science (DeSci), dedicated to accelerating biotechnology. They aim to empower global communities of patients, scientists, and biotech professionals to collectively fund, develop, and own tokenized biotech projects and intellectual property (IP). The team behind BIO has been instrumental in creating Molecule, a tokenization platform for early-stage biomedicine, and VitaDAO, the largest decentralized community focused on longevity science. Building on these achievements, BIO aims to drive the growth of an onchain scientific economy through decentralized funding, incentives, and liquidity mechanisms. The BIO token provides holders with access to BIO’s extensive network of scientific communities and IP, offering broad exposure to the evolving DeSci economy. The initial DeSci DAOs were established before BIO Protocol separated from Molecule, and there are currently 7 of them. After the establishment of BIO Protocol, these DAO organizations were first incorporated into the BIO network. During the previous BIO Genesis Event, users had to exchange tokens from these DAO organizations for BIO tokens, making these DAO tokens a component of BIO network assets.
👉VitaDAO: Raised over $5 million in the field of longevity science, supported by Pfizer's venture capital arm and Balaji Srinivasan, and collaborates with Newcastle University. Notably, VitaDAO is the "oldest of the old," being the first DeSci DAO of Molecule, the ancestor of DeSci and the mother of the BIO protocol, focusing on research in the longevity field. The current BIO Protocol association is also a Swiss nonprofit organization founded by key members of VitaDAO. 👉HairDAO: Focused on hair loss; the DAO owns patents and consumer products Follicool. 👉CerebrumDAO: Promotes brain health, raised over $1.5 million, and has an agreement with Fission Pharma to address mitochondrial dysfunction in neurodegenerative diseases. 👉ValleyDAO: Focused on synthetic biology, raised over $2 million, and collaborates with Imperial College London. 👉AthenaDAO: Promotes women's health research and development, providing $500,000 in funding for translational research, with 14 intellectual property transactions pending. 👉CryoDAO: Promotes the development of cryobiology, raised over $3 million in the field, and established projects with Oxford Cryo Technology an Advanced Neurobiology. 👉PsyDAO: Focused on psychedelic drugs, launched a new platform OPSY utilizing psychedelic drug trials and data. Currently, BIO Protocol has announced its roadmap for 2025, which includes: 👉The BIO token will undergo TGE on the Ethereum mainnet on January 3; 👉The BIO token will be launched on Solana and Base networks; 👉New BioDAOs will be launched; 👉BIO/BioDAO liquidity pools; 👉A new BIO Launchpad will officially go live. 👉With the launch of the BIO token on Binance, the DeSci field may usher in a new wave of excitement.
The Future of Bio Protocol’s Crypto $BIO Token Expansion of DeSci with BIO Token: Bio Protocol is one of the leading firms in the DeSci movement, offering a platform for scientific research and innovations through its BioDAO platform. The BioDAO platform has already launched several scientific projects, raising millions in funding. This platform will expand with the $BIO token to include eight different DAOs, such as AthenaDAO, CerebrumDAO, and HairDAO. Future Network Integrations: As the token continues to grow within the Binance ecosystem, its extension will be extended to both the Solana and Base networks. The further incorporation into mainstream adoption of DeSci DAOs for even more scientific projects means this technology is being extended toward more significant incorporation within blockchain networks. How to earn BIO tokens on Binance Launchpool If you want to earn BIO farming rewards, you’ll need a Binance account. Please keep in mind that only users who complete an identity verification process with Binance are eligible to participate in Usual farming on Binance Launchpool. Once your account is ready, you’ll need some BNB or FDUSD tokens to stake. If you already own these tokens, you can deposit some to your Binance account. Otherwise, Binance offers plenty of ways to buy them with crypto or fiat.
After your account is verified and loaded with BNB and/or FDUSD, go to the menu on the top side of the Binance interface and select "More." Then, go to "Launchpool." Then, find the available farming pools. Depending on which tokens you want to stake, select the FDUSD Pool or BNB Pool. Then, follow the instructions provided by the exchange.
As a final note, here’s a quick breakdown of key dates and information about the BIO Protocol Launchpool campaign:
Launching $BIO on the Binance Launchpool is a great first step towards taking DeSci into the scientific community in a blockchain-enabled way. With robust support from Binance, a $70 million funding record, and expansion plans across major networks like Solana and Base, $BIO is up for the ride of giant growth. This step will open the gate to wonderful opportunities for both investors and scientists who might want to participate in breakthrough projects, which may in the long run shape future scientific research and development. #BinanceLaunchpoolBIO
Simon's Cat is an officially endorsed memecoin with complete intellectual property rights from the famous Simon's Cat brand. The project originates from a beloved British animated series created by Simon Tofield. Simon's Cat has attracted over 1.6 billion views on its YouTube channel and has been widely shared across various social media platforms. The Simon's Cat memecoin was created to establish the brand's presence in the Web3 market and support cat breeding and rescue initiatives worldwide. The project raised $6,850,000 USD. The private sale at $0.00000222 USD raised $2.6 million USD. The public sale on Floki’s TokenFi launchpad at $0.00000278 USD raised $4.25 million USD. Since its launch on August 22, CAT has achieved numerous milestones. Within 72 hours of its release, the project accumulated over $600 million USD in volume on DEX and CEX. CAT boosted on-chain activity on the BSC Chain from a 90-day average of 4 - 5% to 19.8% in six days, peaking at 27.7%. The project has recently expanded to Solana with the goal of creating a fan-driven community. CAT token information 👉Token name: Simon's Cat 👉Symbol: CAT 👉Standard: BEP-20 👉Blockchain: BNB Smart Chain 👉Total supply: 8,099,954,917,916.27 CAT 👉Circulating supply: 6,749,954,917,916.28 CAT Allocation 👉Presale investors: 30% 👉Rewards for FLOKI token holders: 18.5% 👉Liquidity: 25% 👉Simon's Cat fund: 10% 👉Reserve fund: 5% 👉Market Making: 5% 👉Airdrop for FLOKI token trading bots: 1.5% 👉Community growth fund: 5% With copyright approval from the creator, CAT provides fans with a safe interaction environment, attractive rewards, and exclusive access to private communities and events. By integrating both Web2 and Web3 experiences, CAT maintains the playful nature of Simon's Cat while introducing new opportunities for investors. The development roadmap emphasizes real-world initiatives, including cat-themed merchandise, mobile games, charity campaigns, and bridging digital and physical realms. How to participate in Binance HODLer Airdrops 👉Open the [Earn] feature and search for BNB.
👉Click "Subscribe" on the Simple Earn (Flexible, Locked) product you want to register for.
👉Enter the amount of BNB and select the duration, then click "Confirm."
User balance snapshots and total group balance will be taken multiple times at any time each hour to get the user's average hourly balance in the products. Binance will use historical balance snapshots of users at random times after this announcement to calculate user rewards. #BinanceHodlerCAT #SimonsCat
What is Pudgy Penguins (PENGU)? The 4th project on Binance HODLer Airdrop
Pudgy Penguins (PENGU) is a groundbreaking token and a natural evolution of the beloved Pudgy Penguins NFT project. Originally launched on the Ethereum blockchain in 2021, Pudgy Penguins is known for its vibrant community and whimsical art, which resonates with collectors worldwide. Project Mission & Value Proposition The mission of Pudgy Penguins is to evolve beyond an NFT collection and establish itself as a global Web3 brand. Pudgy Penguins aims to provide interactive experiences through NFTs, blockchain technology, and digital assets, creating a brand that resonates across retail, gaming, content creation, and social initiatives. The project’s value proposition revolves around its unique ability to connect with its community and offer a sense of belonging. The Pudgy Penguins ecosystem isn’t just about NFTs; it’s about creating a lifestyle around the brand, with plans for expansion into retail, gaming, DeFi, and the metaverse. Key Features 🔥Cross-Chain Strategy: By launching on Solana, Pudgy Penguins achieves cost efficiency and scalability. 🔥Community-Centric: Over 47% of the PENGU token supply is allocated to community airdrops, emphasizing user engagement and loyalty. 🔥Ecosystem Growth: Plans to integrate PENGU with decentralized finance (DeFi), staking, and metaverse applications in 2025 About Pudgy Penguins Pudgy Penguins is renowned for its unique approach to building a brand that blends meme culture with a meaningful community narrative. Here’s a closer look at its evolution. Roadmap Highlights 🔥2021: Launched the Pudgy Penguins NFT collection, quickly gaining traction and becoming one of the most recognized NFT collections on Ethereum. 🔥2023: Despite the NFT market downturn, Pudgy Penguins maintained its position as one of the top NFT collections, steadily growing its user base. 🔥2024: The Pudgy Penguins team announced the launch of the PENGU Token, marking a pivotal moment in the project’s expansion onto the Solana blockchain, and opening new opportunities for community involvement. 🔥2025 and Beyond: The project plans to integrate the PENGU Token into decentralized finance (DeFi), staking mechanisms, and the metaverse. $PENGU Tokenomics Token Supply & Distribution The total supply of PENGU tokens is capped at 88,888,888,888. The circulating supply upon listing on Binance will be 62,415,951,646 PENGU, representing around 70.22% of the total supply. Here’s a breakdown of the token’s distribution: 👉Community & Ecosystem (47.87%): Includes airdrops and rewards to foster engagement and grow the community. 👉Team, Investors & Advisors (29.78%): Allocated to the project’s core team, investors, and advisors to ensure long-term commitment. 👉Liquidity (12.35%): Reserved to maintain liquidity on exchanges for smooth trading. 👉Public Good (4%): Supports public initiatives and charitable efforts aligned with the project’s values. 👉Proliferation & Marketing (3%): Used for marketing and partnership efforts to expand the Pudgy Penguins brand. 👉HODLer Airdrop (3%): Creates an incentive for long-term holders and promotes stability within the ecosystem.
Token Utilities The PENGU token is designed to be more than just a store of value. It will serve as the “master coin” within the Pudgy Penguins ecosystem, enabling various functionalities, including: 🔥Community Rewards: Encouraging active participation and loyalty through airdrops and incentives. 🔥Ecosystem Expansion: Supporting integrations with DeFi, gaming, and metaverse projects. 🔥Staking Opportunities: Providing holders with avenues for earning passive rewards in the future. 🔥Governance: Allowing token holders to influence key decisions within the ecosystem. PENGU HODLer Airdrop Details
The PENGU HODLer Airdrop is designed to reward loyal BNB holders registered in Binance’s Simple Earn products. This initiative aims to distribute 3% of the total token supply (2,666,666,666.64 PENGU) to eligible participants. 👉Eligibility Period: December 9, 2024, 08:00 to December 13, 2024, 07:59 (UTC+8). 👉Airdrop Distribution: Tokens will be allocated to users’ Spot Wallets 1 hour before trading begins. 👉Circulating Supply Impact: The HODLer airdrop contributes to the 62,415,951,646 PENGU circulating supply upon listing. 👉Hard Cap Per User: Calculated based on the average BNB balance held by the user. About Binance Hodler Airdrop Program Binance’s HODLer Airdrop program rewards users for their loyalty by distributing tokens from new projects. Historical snapshots of BNB balances in Simple Earn Flexible or Locked products are used to determine eligibility, making participation seamless and passive. To participate in future HODLer Airdrops, follow these steps: 👉Go to the EARN section on Binance. 👉Subscribe to Simple Earn Flexible or Locked products. 👉Binance will automatically take snapshots of your balance and calculate rewards based on your BNB holdings. With the introduction of the PENGU token and its listing on Binance, the project is poised to expand further into DeFi, gaming, and other Web3 opportunities. The PENGU token’s utility and the large-scale community airdrop give the project the momentum it needs to thrive in the competitive world of NFTs and digital currencies. For those interested in participating in future HODLer Airdrops, subscribing to Binance’s Simple Earn products is a simple and efficient way to earn tokens passively. Keep an eye on Pudgy Penguins as they continue to evolve and shape the future of NFTs and blockchain-based communities. #PENGUOpening #BinanceHODLer
The 4th Project on Binance Hodler Program - $PENGU
Binance has announced Pudgy Penguins (PENGU) as the 4th project in its HODLer Airdrops program. The announcement is a significant milestone for the Pudgy Penguins community, which has grown into a cultural phenomenon with over 50 billion social views and a robust global following. $PENGU was officially listed on Binance on December 17, 2024, at 14:00 UTC, with trading pairs including USDT, BNB, FDUSD, and TRY. Binance also airdropped 2.67 billion PENGU tokens to eligible BNB holders, accounting for 3% of the token’s max supply, directly into their Spot Wallets. Pudgy Penguins (PENGU) on Binance HODLER Airdrop The PENGU token is central to expanding the Pudgy Penguins ecosystem, aiming to strengthen its community and cultural significance. With a max supply of 88,888,888,888 tokens, the project embodies the playful, community-first ethos that has made Pudgy Penguins a standout brand in crypto. 👉Token Details 🔥Name: Pudgy Penguins (PENGU) 🔥Total/Max Supply: 88,888,888,888 $PENGU 🔥Circulating Supply Upon Listing: 62,415,951,646 $PENGU 👉Airdrop Allocation 🔥Total Airdropped Tokens: 2,666,666,666.64 $PENGU (3% of max supply) 🔥Eligibility: Based on BNB holdings during the airdrop period. Smart Contract 👉Blockchain: Solana 👉Contract Address: 2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv The $PENGU token is not tied to specific utility but rather reflects a shared identity and belonging within the Pudgy Penguins community. By bridging blockchain and mainstream culture, $PENGU has the potential to attract both crypto enthusiasts and general audiences alike. Key Highlights of Pudgy Penguins Pudgy Penguins is not just an NFT project; it is a cultural phenomenon with an expansive reach. The mission of Pudgy Penguins extends beyond NFTs, aiming to build a brand that resonates with audiences through its ethos of positivity and underdog triumph. Key Features of Pudgy Penguins: Viral Appeal: Over 34 billion GIF views and substantial engagement across platforms like TikTok and Instagram. Retail Success: More than 1.5 million Pudgy toys sold through retailers like Walmart, Amazon, and Target. Community-Centric Approach: $PENGU tokens empower the community to participate in the brand’s evolution. What’s Next for Pudgy Penguins? Pudgy Penguins continues to solidify its position as a key player in the NFT and Web3 space. With Binance’s support, $PENGU offers both seasoned crypto enthusiasts and newcomers an opportunity to engage with one of the strongest communities in the ecosystem. This partnership underscores the growing synergy between innovative blockchain projects and major exchanges, setting a precedent for future collaborations. Stay tuned as Pudgy Penguins breaks new ground, bringing fresh opportunities for the crypto community. ............ Binance HODLer Airdrops is a program that rewards BNB holders with token airdrops based on historical snapshots of their BNB balances. By subscribing BNB to Simple Earn, users are automatically eligible for HODLer Airdrops (as well as Launchpool and Megadrop rewards). #PENGUOpening #BinanceHODLer
Simon's Cat tokens represent the seamless integration of the beloved Simon's Cat IP created by British animator Simon Tofield with the Web3 ecosystem. With more than 1.6 billion YouTube views, more than 25 million fans on social media, and a huge influence in books, merchandise, and mobile games, Simon's Cat has become a well-known global brand. The token (CAT) continues this success and provides fans with a unique interactive platform for them to interact with the Simon's Cat universe. CAT, launched in August 2024, introduces fans to blockchain technology through a hybrid Web2/Web3 approach. This innovation enables exclusive rewards, interactive experiences, and charity-focused programs that align with Simon's Cat's core values and audience interests, particularly in animal welfare. The token is designed to simplify fan adoption of blockchain, fostering active participation and deeper connections within the Simon's Cat community. By integrating digital and physical experiences, CAT enhances fan engagement and promotes inclusivity in the evolving Web3 space. Token Information 👉Project Name: Simon’s Cat 👉Token Symbol: CAT 👉Blockchain: BNB Chain and Solana 👉BNB Address: https ://bscscan.com/token/0x6894CDe390a3f51155ea41Ed24a33A4827d3063D 👉Solana Address: https ://solscan.io/token/3joMReCCSESngJEpFLoKR2dNcChjSRCDtybQet5uSpse Development History 🔥Simon's Cat has been committed to building an immersive, fan-centric ecosystem that emphasizes innovation, practicality, and community ownership. CAT's development strategy connects the Simon's Cat brand with the Web3 space to promote participation and deeper connections. 🔥CAT was launched on August 22, 2024, with a trading volume of more than $600 million on DEX and CEX within 72 hours, breaking the transaction record on the BNB chain. 🔥After CAT went online, BNB Chain's on-chain activity soared from an average of 4-5% in 90 days to 19.8% in 6 days, with a peak of 27.7%. This cycle record has been maintained throughout CAT’s first week of launch, highlighting its significant impact. 🔥DeFiLlama reports that the launch of Simon’s Cat pushed BNB Chain to surpass Solana in DEX trading volume for three consecutive days during CAT’s launch period — a significant achievement as Solana has been in the lead. 🔥CAT is currently listed on more than 40 exchanges, including Binance (perps), OKX, Bybit (perps), Kraken (perps), KuCoin, Gate, HTX, and more. 🔥Simon’s Cat: Fun Time is the official Telegram applet of Simon’s Cat, which has amassed more than 2.8 million users in the weeks since its launch. 🔥CAT recently bridged with Solana, making it tradable on both BNB Chain and Solana. The move is aimed at obtaining greater trading liquidity and expanding its influence in the market. $CAT Holders Airdrop Details: Simon's Cat 👉Token Name: Simon's Cat (CAT) 👉Total Token Supply: 8,099,954,917,916 CAT 👉Max Token Supply: 9,000,000,000,000 CAT 👉HODLer Airdrops Token Rewards: 1,143,000,000,000 CAT (12.7% of max token supply) 👉Current Circulating Supply: 6,749,954,917,916 CAT (75% of total supply) 👉Circulating Supply upon Listing on Binance: 7,892,954,917,916 CAT (88% of max token supply) The Binance HODLer Airdrops reward mechanism credits users with some rewards on their holdings, which could be subscribed to the different Simple Earn Binance products by holding BNB in Flexible or Locked Savings. The program is suitable for long-term crypto holders who have the potential for passive profits in the form of an additional token airdrop without actively staking or trading. #BinanceHODLer #CatOpening #BinanceAirdropsCATandPENGU
My Personal Ideas for Consumer - Facing Mini Dapp on LINE by Kaia
My Personal Ideas for Consumer - Facing Mini Dapp on LINE! by @Kaia Chain are two! 🔥 Transportation & Logistics Dapp 🔥 Blockchain technology in transportation offers immediate, scalable solutions for order tracking, transition, and authentication. With the help of blockchain, the supply chain for truck components and used trucks could be easily tracked on a digital ledger, thus serving as a sort of “CARFAX” on steroids for the commercial transportation market. Furthermore, blockchain-based transportation idealist& logistics dapp will be more efficient. A decentralized public ledger system that records all the changes in real-time will help logistic companies to become more efficient through a public ledger system that stores the motions of each shipping container and reduces clerical errors. Among all technologies, Blockchain technology is witnessed as the most beneficial technology used in transportation & logistics industry! 🔥The main benefits of blockchain-based transportation and logistics dapp in my personal opinion: 👉Easy coordination of documents 👉Reduced transportation cost 👉Extra care toward sensitive pharmaceuticals 👉Easy approval and clearance due to smart contracts 👉Secured, authenticated, and updated data 👉Blockchain enables refrigerated containers 🔥Personal finance management dapp🔥 Nowadays, consumers are more focused on their earnings and savings. Thus, these applications can help businesses gain traction in the market, impelling both startups and investors to look ahead to develop and use a personal finance dapp. Further, these will work as a significant app in which users can easily categorize their incomes and expenses and track their activity in real-time to get a complete and better understanding of how to manage their finance effectively and smartly. With blockchain technology, this kind of dapp will also offer them an easy connection with all banks and credit card accounts to automatically update the data along with payment reminders. 🔥Benefits of blockchain in personal finance management dapp 👉Instant settlement 👉Improved capital optimization 👉Better transparency and traceability 👉Enhanced security & safety 👉Reduced counterparty risks 👉Decreased error handlings and reconciliation #RideTheKaiaWave
Bullish on Binance Launchpool Projects and Overview of the last one $Vana
What is Binance Launchpool? Binance Launchpool is a platform that allows users to discover and acquire new cryptocurrency tokens before they are officially listed on the Binance exchange. It provides an opportunity for users to participate in the early stages of new crypto projects by staking their existing crypto assets to earn new tokens. Imagine being able to stake your existing crypto holdings and potentially earn new tokens that could skyrocket in value once they hit the mainstream market. According to past data, we can estimate that the annual yield from participating in Binance Launchpool projects has the potential to reach up to 200%! Let's delve into how Binance Launchpool works and explore the exciting potential for earning substantial returns on your crypto investments. How Does Binance Launchpool Work?
Project Announcement: Binance announces new projects available on Launchpool.Staking Period: Users stake their supported cryptocurrencies, such as BNB, BUSD, or other specified tokens, to earn rewards in the form of new tokens over a specified period.Token Distribution: Users can claim their earned tokens either hourly or at the end of the staking period. The total rewards, farming period, and supported tokens can differ from project to project.Market Listing: New tokens are usually listed on Binance’s spot market after the staking period ends, allowing for trading and liquidity. How to Get Started 1. Navigate to Binance Launchpool: Visit the Binance Launchpool page to view active and upcoming projects.
Screenshot of the Binance homepage showing a dropdown menu under the "More" section. The "Launchpool" option is highlighted, with the description "Discover and gain access to new token launches." Other menu options include NFT, Fan Token, Web3 Wallet, Mining Pool, BNB Chain, Pay, and Loans. 2. Select a Project: Choose a project you're interested in and review the staking details. 3. Stake Tokens: Allocate your tokens to the chosen pool by locking them in. Your locked assets will earn rewards based on the amount staked and the duration of the staking period. 4. Earn and Claim Rewards: Track your earned rewards in real-time and claim them as they accrue. Tips to Maximize Your Investment in Binance Launchpool Currently, there are two options for Launchpool project staking pools: BNB and FDUSD. The reward distribu ratio for these pools is usually 80:20 or 85:15. BNB, as Binance's platform token, often experiences a price increase and higher borrowing rates due to rising demand before each Launchpool or Launchpad project listing. Therefore, staking BNB requires attention to price volatility risks. On the other hand, although the FDUSD pools are smaller, since FDUSD is a USD stablecoin, staking FDUSD has a higher likelihood of avoiding price volatility during the staking period. Additionally, rewards from Binance Launchpool are calculated on an hourly basis. The number of tokens received is proportional to the amount of tokens the user stakes relative to the total staked tokens. However, Binance has set a cap on the number of tokens each person can receive per hour, which is usually 1/10 of the distributed number of tokens per hour. Thus, the earlier you participate, the higher your staking contribution ratio might be. Participants can redeem their assets at any time during the staking period. If concerned about price fluctuations, they can also manually redeem their assets before the activity ends. Overview of the lastest Binance Launchpool Project $VANA Vana is a native EVM-compatible Layer 1 blockchain designed to empower users with ownership and control over their data. Built to address the growing demand for decentralized, user-centric solutions, Vana combines the efficiency of Ethereum Virtual Machine (EVM) compatibility with a mission to redefine the way data is managed and monetized. Vana operates as a scalable and secure blockchain network, providing developers and users with a decentralized infrastructure tailored for applications that prioritize user autonomy and data privacy. Its design emphasizes speed, scalability, and user empowerment, offering a robust foundation for building decentralized apps (dApps). Key Benefits of Vana Data Ownership: Users retain full control over their data and its usage. Tokenized Data: Data is converted into secure, tradable assets. Privacy & Security: Advanced technologies like Trusted Execution Environments (TEEs) and Zero-Knowledge Proofs (ZKP) ensure data remains private and secure. Decentralized Governance: Participants influence the network’s development through on-chain voting. The VANA token ($VANA) is the native currency powering the VANA ecosystem. With a capped supply of 120 million tokens, $VANA is central to network operations and incentivizes user participation. Token Utilities 👉Network Security: Validators stake $VANA to secure the network, earning rewards in return for ensuring its stability. 👉Transaction Fees: $VANA is used for all operations within the network, including smart contracts and DataDAO interactions. 👉DataDAO Support: $VANA tokens are staked in DataDAOs to support data liquidity pools, rewarding contributors for their valuable data. 👉Governance: $VANA token holders participate in decentralized governance by voting on proposals, influencing the network’s future direction. 👉Data access currency: $VANA is the primary currency for accessing datasets within DataDAOs, enabling the use of tokenized data in various applications. Token Supply & Distribution Max Supply: 120,000,000 $VANA Genesis Token Supply: 112,641,600 $VANA (93.87% of max supply) Initial Circulating Supply at Launch: 30,084,000 $VANA (25.07% of max supply) Vana’s debut on Binance Launchpool signals the emergence of a new paradigm in the digital economy—one where data ownership shifts from corporations to individuals. With its innovative use of blockchain technology and a focus on user empowerment, Vana is poised to redefine how data is owned, shared, and monetized. #VANAOpening #BinanceLaunchpol
Binance HODLer Airdrop: All you need to know for $MOVE
Binance , one of the leading exchanges in the crypto world , has announced a new opportunity, the HODLer Airdrop program. Within the scope of this program, $BNB holders will be rewarded and $MOVE tokens will be distributed for free. This move by Binance aims to increase users' commitment to the ecosystem and support new projects. What is HODLer Airdrop? HODLer Airdrop is a rewards program by Binance that offers loyal users the chance to grow their portfolios. Highlights of the program: Exclusive to $BNB Holders: Users who hold $BNB will automatically benefit from airdrop events of projects that will be listed on Binance. $MOVE Token Distribution: This time, the project to be distributed via airdrop will be Movement ($MOVE), which has attracted attention in the crypto world . $MOVE is known as an altcoin that attracts the attention of investors with its innovative structure. Qualification Requirements: Users simply need to hold a certain amount of $BNB in their Binance wallets to earn $MOVE tokens without having to do any trading. What is $MOVE Token? Movement ($MOVE) is a layer-1 blockchain project that offers solutions in the areas of decentralization, scalability, and security. The developed ecosystem aims to make a difference in the blockchain space by offering user-friendly dApps and innovative financial instruments. The inclusion of Binance in the airdrop program will increase the popularity of $MOVE in the crypto market. Advantages of HODLer Airdrop Program 🔥Passive Income Opportunity: Users can earn tokens of new projects for free by simply holding their $BNB assets. 🔥Opportunity to Discover New Projects: Binance's selection of projects to list provides investors with access to reliable and high-potential projects. 🔥Long-Term Value: The HODLer program allows users to earn additional income while preserving their assets. In the aftermath of the enhanced support, the native coin $MOVE could see significant gains ahead. Intriguingly, in a similar chronicle witnessed recently, THENA price saw a 500% uptick as Binance expanded offerings for the project and listed THE. #BinanceHODLerMOVE #MOVEOpening
Binance has introduced an exciting initiative called HODLer Airdrops, exclusively for BNB holders who participate in Simple Earn products. This program allows users to receive airdropped tokens from projects with large circulating supplies, soon to list on Binance. To benefit from these HODLer Airdrops, BNB holders need to navigate to the “Earn” section on Binance. Then, select “Simple Earn products”. Binance’s Exclusive Airdrop Opportunities They can then subscribe using their BNB holdings to either Flexible or Locked products. Binance will announce upcoming HODLer Airdrops beforehand, notifying users to prepare for potential rewards. During each HODLer Airdrop, snapshots of user balances and total pool balances will be taken multiple times every hour. This process calculates the hourly average balances held in Simple Earn products (Flexible and/or Locked) for eligible users. Binance will use historical snapshots taken randomly after the announcement to determine user rewards. Binance’s commitment aims to engage small to medium projects with strong fundamentals and large, organic communities. By supporting these projects early on, Binance prioritizes user interests and aims to enhance overall market participation and engagement. Eligible users can expect to receive their HODLer Airdrop rewards directly into their Spot Wallets within 24 hours after the official announcement of the Airdrop. This streamlined process ensures that participants can quickly and securely access their rewards, further enhancing the user experience on Binance. What is Movement Network? Movement Network is the first Layer 2 blockchain built on Ethereum using the Move language. It aims to deliver high TPS, enhanced security, and near-instant finality. By integrating the Move language with Ethereum’s EVM ecosystem, Movement Network introduces superior security features and application diversity to the leading smart contract platform, improving the Ethereum ecosystem as a whole. Token Utility MOVE tokens serve as the native asset of the Movement Network, with use cases including staking, gas fees, decentralized governance, and more. Staking Rewards After the mainnet launch and staking activation, network validators can stake MOVE tokens to maintain network security and consensus while earning rewards. Gas Fees Similar to the Ethereum network, gas fees on the Movement Network are settled in MOVE tokens. All transactions and smart contract executions within the ecosystem consume MOVE tokens as gas. Decentralized Governance MOVE token holders can participate in Movement Network governance, proposing and voting on critical network parameter adjustments. Native Asset MOVE tokens also function as the native asset within the Movement Network, supporting scenarios such as liquidity provision, collateral, and payments.
With the launch of Movement MOVE token on Binance, users can now easily buy, sell, and trade MOVE tokens. Join the Movement ecosystem today and start earning rewards for your physical activities. #MOVEOpening #BinanceHODLerMOVE
AI is undoubtedly one of the hottest fields globally today, with both cutting-edge startups like OpenAI in Silicon Valley and domestic players such as Moonshot and Zhipu Qingyan joining the AI revolution. Not only is AI leading trends in technology, but it is also one of the standout sectors in the cryptocurrency market this year.
🔥DIN stands out as the first modular AI data preprocessing layer, demonstrating notable technical innovation and unique advantages. Its core technology involves decentralized data validation and vectorized processing, offering efficient and reliable data preprocessing services. This approach not only enhances data processing efficiency but also ensures data security and privacy. Additionally, DIN’s Chipper Node nodes have significant advantages in data validation and reward calculations, allowing node holders to directly participate in the network’s operation and maintenance, further strengthening the network’s decentralization and robustness.
💪Market Potential
The vast potential of the AI and data markets is a key driver for DIN’s development. With the rapid advancement of artificial intelligence and big data technologies, the demand for high-quality data is growing. DIN, with its innovative technology and business model, provides efficient data preprocessing services for AI models, significantly reducing data acquisition and processing costs. This positions DIN advantageously in the competitive market, with substantial market potential and growth prospects.
💪Capital Background
DIN’s strong capital backing and supporters enhance its market competitiveness. The project has completed $4 million in seed funding and $4 million in pre-IPO funding, with a current valuation of $80 million. Notably, DIN has received support from top investment institutions like Binance Labs, providing ample financial security and robust resources and network support for its future development.
A few days ago, a pet squirrel was unfortunately taken from its owner and euthanized. Meme projects came together to both respect him and to keep him on the agenda, and a few projects emerged..
Two projects called PNUT and PEANUT are currently on the agenda.
Peanut was launched and launched 16 days before the pnut project, also PEANUT was liked by ELON MUSK in an x post and this created a great excitement in the community, also elon musk shared a tweet adding; "SAVED 1 SQUIRREL TO AMERICA"
I think PNUT was listed earlier here because meme projects are heard very quickly and gain value quickly, and the PEANUT community is making viral videos and sharing them on social media, stating that they are the ones who are real and represent the community.
PEANUT project is currently at $10M mcap and about 4x away from ATH level. #peanut #memecoin Which do you think is the real community? 🤷
Binance Airdrop Portal Welcomes Thena (THE) as Second Project! Everything you need to know!
Binance has added a new project to its Airdrop Portal, introducing Thena (THE) as the second cryptocurrency to reward BNB holders. This comes just after the announcing Banana Gun (BANANA) on the airdrop portal, the inaugural project launched in October 2024. The Thena (THE) airdrop is targeted at Binance users who subscribed their BNB to Simple Earn products, including both flexible and locked products, between November 6 and November 13, 2024. These users will be eligible to receive rewards from the airdrop. With a total supply of 206,863,770 THE tokens, Thena will allocate 7% of its maximum supply—approximately 21.75 million THE tokens—for the HODLer airdrops. Thena is already trading on Binance with multiple pairs, including THE/BTC, THE/USDT, THE/BNB, THE/FDUSD, and THE/TRY. Friendly Personal Advice Stake your $BNB folks ! Too late for Thena now but you can do it for all the future Airdrops. It's the best strategy you can use. Let's your $BNB work for you! The Role of Binance’s HODLer Airdrops Program Binance’s HODLer Airdrops program is designed to reward users who hold BNB tokens in their Binance accounts and subscribe to Simple Earn products. The program aims to provide passive income opportunities for users based on historical snapshots of their BNB balances. It serves as a hub for blockchain projects to distribute their tokens efficiently and allows users to discover, participate, and claim airdrop rewards. Users can visit the Airdrop Portal to find information on upcoming and active airdrops. Participation requirements vary depending on the project, and users must meet the eligibility criteria to receive their tokens. Once the airdrop is completed, the tokens are automatically credited to the user's Binance account, where they can trade, hold, or use the tokens as they see fit. Thena Overview Thena aims to revolutionize the decentralized finance (DeFi) space by offering a comprehensive range of products and services within its ecosystem. Thena’s core offerings include: 👉THENA (Spot DEX): A platform where users can swap digital assets and generate passive income. 👉ALPHA (Perpetuals DEX): A platform that offers trading on over 270 crypto pairs with leverage up to 60x. 👉ARENA: A social platform that hosts trading competitions and provides gamified experiences for users. 👉WARP (Launchpad – Upcoming): A forthcoming launchpad aimed at further expanding the Thena ecosystem. 🔥With a versatile approach, Thena plans to corner a variety of liquidity needs, including stablecoins, tokenized real-world assets (RWAs), memecoins, and more. logoSearch Binance Introduces Thena (THE) Airdrop for BNB Holders Bitcoin Faces Strong Resistance At 100K Level From $95K to $100K: Bitcoin’s Path to a New Era The Future of Governance Tokens: $USUAL’s Balanced Approach to Growth USUAL’s November Airdrop Brings Exciting Daily Yield Potential Usual (USUAL) on Binance Launchpool and Pre-Market Usual (USUAL) on Binance Launchpool: The Next Exciting Project LilQuid NFT Collection – Leverage the Unknown Profit-Taking Eases as Bitcoin Climbs Past $85,000 Bitcoin Surpasses Spain’s GDP as Crypto Market Soars to $3.12 Trillion Bitcoin Rockets to $81K, $180M in Shorts Liquidated Within Hours Bitcoin Hits New High Amid Trump’s Pro-Crypto Victory Solana Leads as NFT Market Sees 18% Sales Increase in October Days Before Election, Bitcoin Hovers Near All-Time High Retail Investors Hold Back as Bitcoin Nears Record Levels News Binance Introduces Thena (THE) Airdrop for BNB Holders
By NFTevening Team
November 27, 2024 Thena Binance is excited to introduce the second project on its Airdrops Portal: Thena (THE), a decentralized exchange and liquidity layer powered by BNB Chain and opBNB. Users who subscribed their BNB to Simple Earn Flexible or Locked products during the period from 2024-11-06 00:00 (UTC) to 2024-11-13 23:59 (UTC) are eligible for this exclusive opportunity.
The listing for THE is set to go live on 2024-11-27 at 10:00 (UTC). Participants will collectively receive 7% of the project’s total token supply as part of the airdrop.
For those who missed the airdrop this time, consider staking your BNB in Fixed Staking or Simple Earn products on Binance.com to secure eligibility for future airdrops.
Thena (THE) Airdrop Details Token Name: Thena (THE) Total Token Supply: 206,863,770 THE Max Token Supply: 326,120,291 THE HODLer Airdrops Token Rewards: 21,750,000 THE (7% of max token supply) Smart Contract Details Blockchain: BNB Chain Contract address: 0xF4C8E32EaDEC4BFe97E0F595AdD0f4450a863a11 binance-logo-2 Binance Referral Code
-10% Trading Fees
Get 10% Lifetime Cashback on Every Trade
Code Valid: November 2024
QH6V74V5 Copy Claim Reward Now! What is Thena (THE)? THENA is a decentralized platform revolutionizing liquidity management on the BNB Chain. Designed for traders, liquidity providers, and projects, it combines innovative tools and robust governance to optimize the DeFi experience. Since launching in early 2023, THENA has set itself apart by fostering a community-driven approach and pushing the boundaries of decentralized finance. Its vision? To create a financial SuperApp that makes DeFi accessible to everyone. Innovative Features of THENA 👉 ve(3,3) Governance Model Inspired by Solidly and Aerodrome, this dynamic emissions allocation model allows veTHE holders to vote on liquidity pool incentives. It aligns interests among stakeholders, ensuring an efficient and sustainable ecosystem. 👉 Next-Generation Liquidity Tools THENA V3,3 introduces advanced features such as Plugins (similar to Uniswap V4’s Hooks), modular structures, Weighted Pools, and Metastable Pools, enabling greater customization and efficiency in liquidity management. 👉 Cross-Chain Governance THENA extends its governance model across multiple networks, starting with opBNB. This empowers veTHE holders to influence liquidity strategies on a cross-chain level. 👉 Community-Powered Growth With no venture capital backing, THENA has distributed over $25 million in total revenue to token holders. Its success is fueled entirely by its community and collaborations with ecosystem partners. ************ THENA’s roadmap is focused on expanding its ecosystem, advancing cross-chain capabilities, and setting new standards for DeFi innovation. With the launch of V3,3, it’s poised to attract traders, liquidity providers, and developers looking to be part of a transformative DeFi ecosystem. Whether you’re a participant or a builder, THENA offers a platform where collaboration drives collective success. #BinanceAirdropPortal #Thena
Recently, the Solana-based memecoin project $Peanut has been attracting significant attention. In just the past two days, the project has experienced an astonishing 220% growth, catching the eye of both investors and the crypto community. According to Dextools data, $Peanut currently holds the top spot in terms of trading volume, highlighting the rapid rise of this project.
As a Solana-based memecoin, Peanut is on track to reach a $100 million market cap, with strong momentum behind it. A key figure in the community, GGsOnly, has set an ambitious goal of a $1Billion market cap by the end of the year. This target has fueled even more excitement, prompting investors to keep a close watch on the project.
The project's heavy promotion in the Asian market has further boosted its popularity, and insider rumors suggest that major exchange listings are expected in the near future. These developments could provide significant growth opportunities, as listings on large exchanges often lead to a spike in value for memecoin projects.
So, is it possible for Peanut to reach a $1Billion market cap? The answer depends on several factors. Memecoins typically grow through strong community support and high trading volumes, and Peanut has shown early success in these areas. Additionally, its strategic promotion in Asia and potential exchange listings further enhance its chances of hitting this target. However, it’s important to keep in mind that memecoins are highly volatile, and market conditions can change quickly.
In conclusion, with continued community support and strategic initiatives, reaching a 1Billion dollar market cap for $Peanut seems possible. As with any investment, though, careful analysis and risk management are crucial.
🔥Usual: Revolutionizing Stablecoin Issuance and Ownership Redistribution
In the rapidly evolving !
Usual: Revolutionizing Stablecoin Issuance and Ownership Redistribution
In the rapidly evolving world of decentralized finance (DeFi), Usual emerges as a pioneering solution to address the flaws inherent in the current stablecoin ecosystem. By blending innovation with decentralization, Usual offers a fresh approach to fiat-backed stablecoins, redistributing ownership, governance, and profits in a manner that is unprecedented in the space. Through the $USUAL token, the project enables users to take control of not only the stablecoin's governance but also its economic success, a model that stands in stark contrast to the centralized nature of existing major players like Tether and Circle.
The Problem with Traditional Stablecoins #binancelaunchpool The rise of stablecoins like Tether (USDT)** and USD Coin (USDC)** has been a game changer for DeFi, providing much-needed stability in the otherwise volatile cryptocurrency markets. However, these centralized stablecoins have generated billions of dollars in revenue without offering any tangible benefits to the users who contribute to their success. In fact, the entire model relies on the privatization of profits, where companies like Tether and Circle hold significant control over the infrastructure and the wealth generated, leaving users with little more than their deposits and no real governance or ownership rights.
Despite the huge profits made by these centralized issuers, the users, liquidity providers, and contributors have no claim to the wealth they help generate. This centralized wealth model echoes traditional finance, where banks profit from deposits but do not share those profits with their customers. The **Usual** protocol aims to correct this imbalance by redistributing the power, ownership, and profits to the users themselves, fostering a more equitable and decentralized financial system. #usual $BTC
Usual’s Vision: Decentralization and Transparency
Usual's protocol is built around three key observations that serve as the foundation for its decentralized approach:
1. Tether and Circle's Revenue Model: In 2023, Tether and Circle collectively generated over $10 billion in revenue, with valuations exceeding $200 billion. Despite their massive success, none of this wealth is shared with the users who contribute to their growth and stability.
2. Integration of Real-World Assets (RWAs):While tokenized Real-World Assets (RWAs) like US Treasury Bills are growing in popularity, their integration into DeFi remains challenging. This is evident from the fact that fewer than 5,000 holders of RWAs exist on the Ethereum mainnet.
3. Desire for Exposure and Rewards:DeFi users want exposure to the success of projects they support, but the current yield distribution model fails to adequately reward early adopters and risk-takers.
By leveraging Real-World Assets (RWAs), Usual creates an on-chain, verifiable, and composable stablecoin, USD0, that aims to address these concerns. The system is designed to be fully transparent, with decision-making and governance transferred to the holders of the $USUAL governance token. This includes crucial areas like risk policies, collateral types, and liquidity strategies—allowing users to take an active role in shaping the future of the protocol.
A More Secure Stablecoin Model: Bankruptcy Remote and Independent from Traditional Banking
Another critical aspect of Usual’s innovation lies in its approach to collateralization. Traditional fiat-backed stablecoins are often collateralized by reserves held in commercial banks, exposing them to the systemic risks inherent in the banking sector. The collapse of Silicon Valley Bank (SVB) in 2023 highlighted the vulnerabilities of this system, where fractional reserve banking practices can lead to significant instability.
In stark contrast, Usual is built to be bankruptcy remote. Instead of relying on traditional bank reserves, Usual’s stablecoin, USD0, is collateralized by short-term bonds, offering enhanced security and stability. This approach is designed to be more robust, with a strict risk policy and an insurance fund further bolstering the security of users assets.
End of Privatized Profits: A More Equitable System
Usual's most revolutionary feature is its model for redistributing value. While other stablecoins like USDT and USDC have benefited from the deposits of users, Usual’s protocol ensures that the value generated from its collateral is directly shared with the users who help create it. By pooling the yield generated by its collateral, Usual's treasury grows, and this value is then distributed to users through the governance token, $USUAL.
The distribution of governance tokens grants users full control over the protocol's operations, treasury, and future revenues. This decentralized governance model ensures that the interests of the community are aligned, creating incentives for early adopters and long-term contributors who share in the upside potential of the platform’s growth.
This redistribution model is a stark contrast to the centralized approach of current stablecoin issuers, where profits are privatized, and risks are often socialized. Usual’s system aims to break this cycle, giving power back to the community and ensuring that users are rewarded for their participation and support.
A New Era of Stablecoin Ownership and Yield Redistribution
Usual is not just another stablecoin; it is a decentralized Fiat Stablecoin issuer that seeks to redistribute ownershipand governance through the $USUAL token. By transforming Real-World Assets (RWAs) such as commodities, real estate, and financial instruments into tokenized assets, Usual provides users with enhanced liquidity and exposure to a broader array of assets in the blockchain ecosystem.
In essence, Usual’s approach combines the best of decentralized governance with the security and stability of fiat-backed stablecoins, ensuring a fairer and more transparent financial system. Through its innovative yield redistribution model, users are empowered with ownership and control, offering a pathway to a more equitable and decentralized future for stablecoin issuance.
Where to Buy Usual USD
For those interested in acquiring USD0, Usual’s stablecoin, it is available for trade on decentralized exchanges such as Curve Finance (Ethereum), where the USD0/USDC trading pair has seen significant volume. Other popular platforms where USD0 can be traded include PancakeSwap V3(Ethereum) and Uniswap V3(Ethereum).
By offering users not just a stablecoin, but the opportunity to participate in the governance and success of the protocol, Usual is setting the stage for a new paradigm in decentralized finance. Through its innovative, user-centered model, Usual is redefining the future of stablecoins and DeFi, empowering a global community of users to take control of their financial destiny.
🔥Usual: Revolutionizing Stablecoin Issuance and Ownership Redistribution
In the rapidly evolving !
Usual: Revolutionizing Stablecoin Issuance and Ownership Redistribution
In the rapidly evolving world of decentralized finance (DeFi), Usual emerges as a pioneering solution to address the flaws inherent in the current stablecoin ecosystem. By blending innovation with decentralization, Usual offers a fresh approach to fiat-backed stablecoins, redistributing ownership, governance, and profits in a manner that is unprecedented in the space. Through the $USUAL token, the project enables users to take control of not only the stablecoin's governance but also its economic success, a model that stands in stark contrast to the centralized nature of existing major players like Tether and Circle.
The Problem with Traditional Stablecoins #binancelaunchpool The rise of stablecoins like Tether (USDT)** and USD Coin (USDC)** has been a game changer for DeFi, providing much-needed stability in the otherwise volatile cryptocurrency markets. However, these centralized stablecoins have generated billions of dollars in revenue without offering any tangible benefits to the users who contribute to their success. In fact, the entire model relies on the privatization of profits, where companies like Tether and Circle hold significant control over the infrastructure and the wealth generated, leaving users with little more than their deposits and no real governance or ownership rights.
Despite the huge profits made by these centralized issuers, the users, liquidity providers, and contributors have no claim to the wealth they help generate. This centralized wealth model echoes traditional finance, where banks profit from deposits but do not share those profits with their customers. The **Usual** protocol aims to correct this imbalance by redistributing the power, ownership, and profits to the users themselves, fostering a more equitable and decentralized financial system. #usual $BTC
Usual’s Vision: Decentralization and Transparency
Usual's protocol is built around three key observations that serve as the foundation for its decentralized approach:
1. Tether and Circle's Revenue Model: In 2023, Tether and Circle collectively generated over $10 billion in revenue, with valuations exceeding $200 billion. Despite their massive success, none of this wealth is shared with the users who contribute to their growth and stability.
2. Integration of Real-World Assets (RWAs):While tokenized Real-World Assets (RWAs) like US Treasury Bills are growing in popularity, their integration into DeFi remains challenging. This is evident from the fact that fewer than 5,000 holders of RWAs exist on the Ethereum mainnet.
3. Desire for Exposure and Rewards:DeFi users want exposure to the success of projects they support, but the current yield distribution model fails to adequately reward early adopters and risk-takers.
By leveraging Real-World Assets (RWAs), Usual creates an on-chain, verifiable, and composable stablecoin, USD0, that aims to address these concerns. The system is designed to be fully transparent, with decision-making and governance transferred to the holders of the $USUAL governance token. This includes crucial areas like risk policies, collateral types, and liquidity strategies—allowing users to take an active role in shaping the future of the protocol.
A More Secure Stablecoin Model: Bankruptcy Remote and Independent from Traditional Banking
Another critical aspect of Usual’s innovation lies in its approach to collateralization. Traditional fiat-backed stablecoins are often collateralized by reserves held in commercial banks, exposing them to the systemic risks inherent in the banking sector. The collapse of Silicon Valley Bank (SVB) in 2023 highlighted the vulnerabilities of this system, where fractional reserve banking practices can lead to significant instability.
In stark contrast, Usual is built to be bankruptcy remote. Instead of relying on traditional bank reserves, Usual’s stablecoin, USD0, is collateralized by short-term bonds, offering enhanced security and stability. This approach is designed to be more robust, with a strict risk policy and an insurance fund further bolstering the security of users assets.
End of Privatized Profits: A More Equitable System
Usual's most revolutionary feature is its model for redistributing value. While other stablecoins like USDT and USDC have benefited from the deposits of users, Usual’s protocol ensures that the value generated from its collateral is directly shared with the users who help create it. By pooling the yield generated by its collateral, Usual's treasury grows, and this value is then distributed to users through the governance token, $USUAL.
The distribution of governance tokens grants users full control over the protocol's operations, treasury, and future revenues. This decentralized governance model ensures that the interests of the community are aligned, creating incentives for early adopters and long-term contributors who share in the upside potential of the platform’s growth.
This redistribution model is a stark contrast to the centralized approach of current stablecoin issuers, where profits are privatized, and risks are often socialized. Usual’s system aims to break this cycle, giving power back to the community and ensuring that users are rewarded for their participation and support.
A New Era of Stablecoin Ownership and Yield Redistribution
Usual is not just another stablecoin; it is a decentralized Fiat Stablecoin issuer that seeks to redistribute ownershipand governance through the $USUAL token. By transforming Real-World Assets (RWAs) such as commodities, real estate, and financial instruments into tokenized assets, Usual provides users with enhanced liquidity and exposure to a broader array of assets in the blockchain ecosystem.
In essence, Usual’s approach combines the best of decentralized governance with the security and stability of fiat-backed stablecoins, ensuring a fairer and more transparent financial system. Through its innovative yield redistribution model, users are empowered with ownership and control, offering a pathway to a more equitable and decentralized future for stablecoin issuance.
Where to Buy Usual USD
For those interested in acquiring USD0, Usual’s stablecoin, it is available for trade on decentralized exchanges such as Curve Finance (Ethereum), where the USD0/USDC trading pair has seen significant volume. Other popular platforms where USD0 can be traded include PancakeSwap V3(Ethereum) and Uniswap V3(Ethereum).
By offering users not just a stablecoin, but the opportunity to participate in the governance and success of the protocol, Usual is setting the stage for a new paradigm in decentralized finance. Through its innovative, user-centered model, Usual is redefining the future of stablecoins and DeFi, empowering a global community of users to take control of their financial destiny.
1. What is Usual? USUAL is a secure and decentralized legal stablecoin issuer that redistributes ownership and governance through $USUAL tokens. Usual is a multi-chain infrastructure that aggregates the growing supply of tokenized real-world assets (RWA) from entities such as BlackRock, Ondo, Mountain Protocol, M0 or Hashnote, turning them into permissionless, on-chain verifiable, composable stablecoins ( USD0 ). Often built around redistributing power and ownership to users and third parties, similar to the scenario where Tether's TVL providers own the company and its associated revenue.
Why Usual? USUAL is about redistributing power and wealth to the people who actually support the platform. With popular stablecoins like Tether (USDT) and Circle (USDC), the companies behind them made over $10 billion in revenue in 2023, and their total valuation is more than $200 billion! But the users who contribute to their success don’t get any share of that money. USUAL, on the other hand, allows users to share in the value and success created. This is especially meaningful because it addresses a major issue in decentralized finance (DeFi): while there are billions in assets like US Treasury Bills available on-chain, not many DeFi users hold RWAs. For early users who are willing to take risks, USUAL’s model rewards them, giving them a fair share of the success they help create. Usual's Vision 🔥Rebuilding Tether On-Chain: Neutrality and Transparency Cryptocurrency requires a fully on-chain fiat-backed stablecoin, supported by an infrastructure that ensures enhanced neutrality, transparency, and security. Usual introduces a model designed to rebuild Tether entirely on-chain. In this system, the issuer is controlled by the holders of the Usual governance token. This includes decisions on risk policy, the nature of collateral, and liquidity incentive strategies. 2. Fiat stablecoins need to stay away from bankruptcy Fiat-backed stablecoins are partially backed by reserves held by commercial banks. This makes them subject to the fractional reserve practices of these banks, which undermines the security and stability of stablecoins. The recent collapse of SVB Bank highlights the systemic risk that commercial banks pose to DeFi due to undercollateralization. The first requirement for stablecoins is to ensure that their value remains stable relative to the currency they represent. Users must have firm confidence in the security of their capital. The collateral model provided by Usual is not linked to the traditional banking system, but directly to short-term bonds. The security provided by this prudent approach is strengthened by strict risk policies and insurance funds. 🔥End the Privatization of Profits Tether and Circle generated over $10 billion in revenue in 2023 and are valued at over $200 billion. However, this wealth is not shared with the users who contribute to their success. Usual aims to provide an alternative to fiat-backed stablecoins that privatizes profits on customer deposits while socializing losses. The centralized players behind the major fiat-backed stablecoins replicate the problematic structures of traditional banking, which is contrary to the principles of decentralized finance. Usual's approach aims to create a more equitable financial system by redistributing value and power more equitably among all users. Usual's goal is to make users owners of protocol infrastructure, funding, and governance. By redistributing 100% of value and control through its governance token, Usual ensures its community is in control. The Usual protocol distributes its governance tokens to users and third parties who contribute value, realigning financial incentives and returning power to participants within the ecosystem.
🔥Revolutionizing Stablecoin Ownership and Revenue Redistribution Some models redistribute part of the revenue generated by stablecoins. However, Usual adopts a different model where users pool the revenue generated by stablecoin collateral. This revenue constitutes the protocol's funds. In return, users receive governance tokens that give them control over the protocol, funds, and future revenue. This mechanism not only redistributes revenue, it also redistributes ownership of the system. It provides incentives for early adopters and offers them huge upside potential. The transparent and public distribution of governance tokens ensures that the interests of all participants are aligned. $USUAL Token $USUAL token will be playing a major role in decision-making processes within the platform, for example enabling arbitrage for its tokenized Treasury Bill or other risk-management strategy improvements. Furthermore, it will be a main tool for rewarding $USD0++ holders with a yield generated from the same US Treasury Bill. USUAL Tokenomics Usual is community-driven, with 90% allocated for the community and 10% for insiders.
🔥Usual Labs pros in my personal opinion 🔥 👉Prospective concept & design; 👉Relatively low token inflation rate for the first 2 years after the TGE (~20%); 👉Presence of security audits from top-tier companies; 👉FDV is almost 10 times lower than its closest competitors in the niche of decentralized stablecoins, Ethena; 👉Low Initial MC ( only 12.37% of the FDV); 👉Good PR and Influencer Marketing performance; 👉Above the average Marketing Infrastructure, SEO, SMM, and Growth Marketing scores; 👉Diverse network of prominent funds and angel investors; 👉Wide network of partners, actively supporting and collaborating with the project; 👉Listing and IEO on Binance; 👉The protocol’s CEO has worked for the French Parliament. Usual Binance Launchpool Details The Binance Launchpool will start farming for USUAL tokens on 2024-11-15 at 00:00 (UTC). Here’s how it works: Binance users can lock their BNB or FDUSD in designated pools to start earning USUAL tokens as rewards. The Launchpool will distribute an initial circulating supply of 300,000,000 USUAL as rewards over 4 days, which makes up 7.5% of the total token supply. For those interested, here’s a breakdown of the reward allocation: BNB Pool: This pool will have the majority of the rewards, with 255,000,000 USUAL (or 85% of the reward tokens). FDUSD Pool: This smaller pool will offer 45,000,000 USUAL (or 15% of the reward tokens). The farming period ends on 2024-11-18 at 23:59 (UTC), so it’s a short, fast opportunity to earn rewards. Conclusion All aspects of the crypto industry evolve continuously, with various protocols constantly innovating and implementing new ideas. This applies to stablecoins as well. Initially, there were fiat-backed stablecoins with custodial collateralization (like Tether, Circle, and others) because this was the simplest and most straightforward implementation. Then came crypto-backed stablecoins (like MakerDAO, Frax). After that, algorithmic stablecoins emerged, but they were not very stable. In late 2022 and early 2023, there was a boom in LST-backed CDP stablecoins, which quickly faded partly due to the disparity between promised yields and the actual yields, which were only slightly higher than ETH staking returns. During this time, LSDFi protocols began integrating omnichain token technologies like LayerZero and Wormhole. Now, more sophisticated and well-thought-out stablecoin protocols with complex mechanics are emerging. These are based on extensive research and model testing, unlike the earlier LST-backed ones. Among such projects in Dewhales' focus are Tapioca and Usual, each using different approaches and cross-chain technologies. Unlike Tapioca, Usual employs two technologies—Axelar and Wormhole. Usual also has much simpler tokenomics, positioning itself on the opposite end of the spectrum from Tapioca. Will the new generation of stablecoins secure their place and establish themselves in web3, or will they be a fleeting phenomenon like LSDFi? These protocols are being developed by professionals with meticulous approaches and an understanding of market consolidation, so the question is more about how much market share they will capture. Only time will tell. #USUALonLaunchpool&Pre-Market #USUALLAUNCHPOOL #usual