Disclaimer: This article is for educational purposes only. The information provided through Binance does not constitute advice or recommendation of investment or trading. Binance does not take responsibility for any of your investment decisions. Please seek professional advice before taking financial risks.
Key Takeaways
BIO is a curation and liquidity protocol dedicated to advancing Decentralized Science (DeSci).
Its mission is to accelerate biotechnology by giving patients, scientists, and biotech professionals the ability to collectively fund, develop, and own tokenized biotech projects and intellectual property (IP).
The BIO token serves as a utility and governance tool, enabling holders to support DAOs, vote on key decisions, and fund network growth. Holders may also get access to rewards, early funding, and new products.
What Is BIO?
BIO is a curation and liquidity protocol dedicated to advancing Decentralized Science (DeSci). Its mission is to accelerate biotechnology by empowering patients, scientists, and biotech professionals worldwide with the ability to collectively fund, develop, and own tokenized biotech projects and intellectual property (IP).
The BIO team includes professionals who helped create Molecule and VitaDAO. Molecule is a tokenization platform for biomedicine projects, and VitaDAO is a decentralized community focused on longevity science.
What Is BIO Trying to Solve?
Traditional biotech research often faces challenges like high costs, slow funding processes, and limited access to intellectual property for smaller players. BIO’s approach is to break down these barriers using blockchain.
The Bioconomy
Their vision, dubbed the “Bioconomy,” is all about creating a community-driven ecosystem where innovation can thrive without being bottlenecked by outdated systems.
By decentralizing the way biotech projects are funded and developed, BIO wants to make it easier for new ideas to gain traction. Instead of relying on a few big players, they’re empowering a global network of people to pool resources, vote on promising projects, and share ownership of the resulting breakthroughs.
The BIO Protocol
At its core, the BIO project runs on the BIO Protocol, a framework that lays out the structure for decentralized biotech development. Some of its key components include:
BioDAOs: These are decentralized organizations that focus on specific areas of biotech. Think of them as specialized communities working on projects like gene editing, cancer research, or vaccine development. Members of a BioDAO pool their resources, make collective decisions, and share in the outcomes.
Curation: With so many projects out there, deciding which ones to prioritize can be tricky. That’s where BIO’s curation mechanism comes in. Community members vote to determine which projects have the most potential, ensuring resources are used wisely.
Bio/Acc Rewards: To keep the community active and engaged, BIO offers rewards through its Bio/Acc Rewards program. Whether you’re contributing expertise, funding, or ideas, you can earn tokens based on your contribution.
IP tokens: One of BIO’s standout features is the tokenization of intellectual property. Instead of biotech breakthroughs being locked up in corporate vaults, IP is turned into digital tokens. These tokens allow for fractional ownership, meaning more people can invest in and benefit from scientific advancements.
Ecosystem and Governance
By bringing together stakeholders from across the biotech spectrum (researchers, investors, and patients), BIO creates a space where everyone has a voice. Governance is decentralized, with token holders having a say in the project’s direction. This model ensures transparency and keeps decision-making aligned with the community’s interests.
BIO Token
Essentially, the BIO token acts as both a utility and a governance tool within the BIO ecosystem. For example, BIO holders can show support for specific bioDAOs, vote on decisions about how new BIO tokens are created or distributed, and help fund programs to grow and improve the network.
BIO holders can also gain access to governance rights, early funding rounds, financial rewards for health data contributions and clinical trial participation, and new products funded by bioDAOs.
BIO Launchpad
BIO's Launchpad is a platform designed to facilitate the initiation and funding of new biotech projects. It provides tools and resources for project teams to launch their initiatives within the BIO ecosystem, connecting them with a community of supporters and potential collaborators.
BioDAO Incubator
To support the development of new BioDAOs, BIO offers an incubator program that provides guidance, resources, and a structured framework for emerging decentralized organizations. The goal is to foster innovation and ensure the successful launch and growth of BioDAOs within the BIO ecosystem.
Closing Thoughts
The BIO project offers a more open and collaborative approach to biotech research. Instead of being locked into traditional structures where only a few major players have control, BIO provides a way for diverse communities to come together and drive progress.
By tokenizing intellectual property and using decentralized governance, BIO opens up opportunities for innovation that might otherwise be overlooked. For researchers, it’s a chance to access funding more quickly and equitably. For patients and advocates, it’s a way to directly support the breakthroughs that matter to them.
Further Reading
Binance Beginner's Guide
Your Guide to Binance Launchpad and Launchpool
What Is a Crypto Wallet and How to Choose the Right One?
Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer here for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.
Disclaimer: This article is for educational purposes only. The information provided through Binance does not constitute advice or recommendation of investment or trading. Binance does not take responsibility for any of your investment decisions. Please seek professional advice before taking financial risks.
Key Takeaways
The Movement Project builds on Ethereum to offer faster, more efficient transactions and advanced security through its MoveVM and Move programming language.
Developers can use Move Rollups to create tailored Layer 2 solutions for various applications like DeFi, gaming, and supply chains.
The MOVE token has multiple use cases, including staking, governance, and cross-chain liquidity.
In December 2024, Binance offered an exclusive MOVE token airdrop as part of Binance’s HODLer Airdrops program.
What Is the Movement Project?
Movement is a blockchain platform that builds on Ethereum’s foundation while adding its own innovations. It’s what’s called a Layer 2 (L2) solution, meaning it operates on top of Ethereum to process transactions faster and more efficiently.
At its core, the Movement Project aims to address challenges related to scalability, transaction speed, interoperability, and security vulnerabilities. The Move programming language was originally developed by Meta (formerly Facebook) for its Diem/Libra blockchain project.
Move is known for its resource-oriented programming, which enhances security and efficiency in blockchain application development.
Key Features of the Movement Project
Interoperability
Movement connects MoveVM and Ethereum ecosystems, enabling developers to build DApps that operate across multiple blockchains. This composability is a game-changer for blockchain developers.
Security
Move is built with security in mind. It uses formal verification, a rigorous mathematical process that ensures smart contracts behave as intended. This approach reduces common vulnerabilities, like reentrancy attacks or accidental token duplication.
Speed and finality
One of the biggest pain points in blockchain today is waiting for transactions to be finalized. Movement's fast-finality system ensures transactions are confirmed in seconds. This is a massive improvement over traditional systems, where users might wait several minutes or even hours, depending on the type of rollup.
How the Movement Project Works
The Movement Project is built around a few key components:
MoveVM: A virtual machine that supports both Move and Ethereum-compatible code execution.
Decentralized Shared Sequencer (DSS): Ensures fair and censorship-resistant transaction processing.
Move Rollups: App-specific L2 solutions that enable developers to customize transaction settlement, data availability, and more.
MoveVM: the execution core
At the heart of the Movement Project is the MoveVM, a virtual machine that powers the execution of transactions. Unlike many blockchain systems that focus on one type of application or programming environment, the MoveVM is dual-compatible. It works with both:
Move Bytecode: For developers who want to use the cutting-edge features of the Move programming language.
Ethereum Virtual Machine (EVM) Bytecode: This ensures that existing Ethereum-based applications can be easily ported to the Movement ecosystem.
This means developers don’t have to choose between Move and Ethereum. They can use both simultaneously, building applications that take advantage of Ethereum’s large ecosystem while leveraging the advanced security and efficiency of the Move programming language.
Decentralized Shared Sequencer (DSS)
The DSS is like the traffic controller of the Movement ecosystem. It ensures that transactions are processed fairly, quickly, and without censorship. Some of its key benefits include:
Censorship resistance: No single entity can block or prioritize transactions.
Fairness: Protects users from front-running attacks, where someone jumps ahead in the transaction queue to gain an unfair advantage.
Interoperability: Enables seamless cross-chain operations within the Movement ecosystem.
DSS plays an important role in uniting Move-based and Ethereum-based networks, allowing liquidity and assets to flow across chains.
Move Rollups: custom L2 chains
Movement introduces a flexible architecture called Move Rollups, which are L2 solutions tailored for specific applications, such as DeFi, gaming, and supply chains. For example:
Developers can select from different settlement mechanisms like optimistic rollups, ZK-rollups, or Movement’s fast-finality system.
They can choose their preferred data availability services, such as Celestia or Ethereum's EIP-4844 blobs, to ensure their chains operate efficiently.
This modular approach means that whether you're building a DeFi app, a blockchain game, or a supply chain solution, you can tailor your blockchain setup to fit your needs.
The MOVE Token Use Cases
Staking: MOVE tokens can be staked to help secure the network and support decentralized transaction processing through the Decentralized Shared Sequencer (DSS).
Transaction fees: MOVE tokens can be used to pay transaction and smart contract execution fees within the Movement ecosystem.
Governance: MOVE holders can vote on proposals for protocol upgrades, operational changes, and community fund allocations.
Cross-chain liquidity: Facilitates asset transfers between Move-based and Ethereum-based chains, offering more interoperability.
Move Arena participation: MOVE can be used for staking and providing liquidity in the Move Arena, which supports application-specific chains.
Incentives and rewards: Distributed as rewards for developers and users through programs like Binance’s HODLer Airdrops.
Economic security: MOVE, alongside other tokens, is used in the multi-asset staking model to increase network security.
MOVE Airdrop on Binance
The MOVE token is a central part of the Movement project and ecosystem. In December 2024, Binance announced an exclusive MOVE airdrop for BNB HODLers. The airdrop was done through the Binance Airdrop Portal and part of Binance’s HODLer Airdrops program.
Eligibility: Binance users needed to stake their BNB in Simple Earn products. Historical snapshots of balances were used to calculate rewards.
Rewards: BNB holders received free MOVE tokens, which were distributed directly to their Spot Wallets.
Trading launch: MOVE was listed on Binance on December 9, 2024, with multiple trading pairs, such as MOVE/USDT, MOVE/BTC, and MOVE/BNB.
Closing Thoughts
The Movement Project is all about making blockchain faster, more secure, and easier to use. With tools like the Move programming language, MoveVM, and a decentralized sequencer, it connects Ethereum and Move ecosystems, giving developers many options to build cool apps.
Further Reading
What Are Modular Blockchains?
Optimistic vs. Zero-Knowledge Rollups: What’s the Difference?
What Are Bitcoin Layer 2 Networks?
Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer here for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.
Disclaimer: This article is for educational purposes only. The information provided through Binance does not constitute advice or recommendation of investment or trading. Binance does not take responsibility for any of your investment decisions. Please seek professional advice before taking financial risks.
Key Takeaways
The Movement Project builds on Ethereum to offer faster, more efficient transactions and advanced security through its MoveVM and Move programming language.
Developers can use Move Rollups to create tailored Layer 2 solutions for various applications like DeFi, gaming, and supply chains.
The MOVE token has multiple use cases, including staking, governance, and cross-chain liquidity.
In December 2024, Binance offered an exclusive MOVE token airdrop as part of Binance’s HODLer Airdrops program.
What Is the Movement Project?
Movement is a blockchain platform that builds on Ethereum’s foundation while adding its own innovations. It’s what’s called a Layer 2 (L2) solution, meaning it operates on top of Ethereum to process transactions faster and more efficiently.
At its core, the Movement Project aims to address challenges related to scalability, transaction speed, interoperability, and security vulnerabilities. The Move programming language was originally developed by Meta (formerly Facebook) for its Diem/Libra blockchain project.
Move is known for its resource-oriented programming, which enhances security and efficiency in blockchain application development.
Key Features of the Movement Project
Interoperability
Movement connects MoveVM and Ethereum ecosystems, enabling developers to build DApps that operate across multiple blockchains. This composability is a game-changer for blockchain developers.
Security
Move is built with security in mind. It uses formal verification, a rigorous mathematical process that ensures smart contracts behave as intended. This approach reduces common vulnerabilities, like reentrancy attacks or accidental token duplication.
Speed and finality
One of the biggest pain points in blockchain today is waiting for transactions to be finalized. Movement's fast-finality system ensures transactions are confirmed in seconds. This is a massive improvement over traditional systems, where users might wait several minutes or even hours, depending on the type of rollup.
How the Movement Project Works
The Movement Project is built around a few key components:
MoveVM: A virtual machine that supports both Move and Ethereum-compatible code execution.
Decentralized Shared Sequencer (DSS): Ensures fair and censorship-resistant transaction processing.
Move Rollups: App-specific L2 solutions that enable developers to customize transaction settlement, data availability, and more.
MoveVM: the execution core
At the heart of the Movement Project is the MoveVM, a virtual machine that powers the execution of transactions. Unlike many blockchain systems that focus on one type of application or programming environment, the MoveVM is dual-compatible. It works with both:
Move Bytecode: For developers who want to use the cutting-edge features of the Move programming language.
Ethereum Virtual Machine (EVM) Bytecode: This ensures that existing Ethereum-based applications can be easily ported to the Movement ecosystem.
This means developers don’t have to choose between Move and Ethereum. They can use both simultaneously, building applications that take advantage of Ethereum’s large ecosystem while leveraging the advanced security and efficiency of the Move programming language.
Decentralized Shared Sequencer (DSS)
The DSS is like the traffic controller of the Movement ecosystem. It ensures that transactions are processed fairly, quickly, and without censorship. Some of its key benefits include:
Censorship resistance: No single entity can block or prioritize transactions.
Fairness: Protects users from front-running attacks, where someone jumps ahead in the transaction queue to gain an unfair advantage.
Interoperability: Enables seamless cross-chain operations within the Movement ecosystem.
DSS plays an important role in uniting Move-based and Ethereum-based networks, allowing liquidity and assets to flow across chains.
Move Rollups: custom L2 chains
Movement introduces a flexible architecture called Move Rollups, which are L2 solutions tailored for specific applications, such as DeFi, gaming, and supply chains. For example:
Developers can select from different settlement mechanisms like optimistic rollups, ZK-rollups, or Movement’s fast-finality system.
They can choose their preferred data availability services, such as Celestia or Ethereum's EIP-4844 blobs, to ensure their chains operate efficiently.
This modular approach means that whether you're building a DeFi app, a blockchain game, or a supply chain solution, you can tailor your blockchain setup to fit your needs.
The MOVE Token Use Cases
Staking: MOVE tokens can be staked to help secure the network and support decentralized transaction processing through the Decentralized Shared Sequencer (DSS).
Transaction fees: MOVE tokens can be used to pay transaction and smart contract execution fees within the Movement ecosystem.
Governance: MOVE holders can vote on proposals for protocol upgrades, operational changes, and community fund allocations.
Cross-chain liquidity: Facilitates asset transfers between Move-based and Ethereum-based chains, offering more interoperability.
Move Arena participation: MOVE can be used for staking and providing liquidity in the Move Arena, which supports application-specific chains.
Incentives and rewards: Distributed as rewards for developers and users through programs like Binance’s HODLer Airdrops.
Economic security: MOVE, alongside other tokens, is used in the multi-asset staking model to increase network security.
MOVE Airdrop on Binance
The MOVE token is a central part of the Movement project and ecosystem. In December 2024, Binance announced an exclusive MOVE airdrop for BNB HODLers. The airdrop was done through the Binance Airdrop Portal and part of Binance’s HODLer Airdrops program.
Eligibility: Binance users needed to stake their BNB in Simple Earn products. Historical snapshots of balances were used to calculate rewards.
Rewards: BNB holders received free MOVE tokens, which were distributed directly to their Spot Wallets.
Trading launch: MOVE was listed on Binance on December 9, 2024, with multiple trading pairs, such as MOVE/USDT, MOVE/BTC, and MOVE/BNB.
Closing Thoughts
The Movement Project is all about making blockchain faster, more secure, and easier to use. With tools like the Move programming language, MoveVM, and a decentralized sequencer, it connects Ethereum and Move ecosystems, giving developers many options to build cool apps.
Further Reading
What Are Modular Blockchains?
Optimistic vs. Zero-Knowledge Rollups: What’s the Difference?
What Are Bitcoin Layer 2 Networks?
Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer here for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.
#XmasCryptoMiracles hurry up Binance announces Launchpool – BIO Protocol (BIO), a curation and liquidity protocol for decentralized science (DeSci). Users will be able to lock their BNB and FDUSD to receive BIO airdrops for ten days. Farm started on 12/24/2024. Get your gifts from binance $BNB
#GrayscaleHorizenTrust * Grayscale Investment Vehicle: A trust managed by Grayscale Investments, a prominent digital currency asset manager. * Horizen (ZEN) Exposure: Provides investors with exposure to Horizen, a cryptocurrency focused on privacy and scalability. * Regulatory Compliance: Offers investors a way to gain exposure to Horizen through a regulated security framework. * OTC Trading: Shares of the trust are traded over-the-counter (OTC).
Disclaimer: This information is for general knowledge and informational purposes only and does not constitute financial, investment, or other professional advice. Note: This information is based on general information available about Grayscale Investments and their products. For the most up-to-date and accurate information, please refer to official sources from Grayscale Investments.
Join the Binance Web3 Wallet Deeplink Campaign Airdrop!
Don’t miss this exciting opportunity to earn your share of the $100,000,000 worth of DLC tokens up for grabs. Completing just four simple tasks will qualify you for the airdrop.
The Tasks:
1. Follow the Binance X account on X (formerly Twitter).
2. Follow the Deeplink X account.
3. Repost their campaign tweets.
4. Check in daily for three consecutive days.
Please note that participation might be restricted in some countries, but it’s worth giving it a try!
This campaign is a great chance to be part of something big, so don’t let it pass you by. Like, comment, and share this post to help spread the word. If you find value in this, feel free to leave us a tip!
"Master the RSI Indicator Like a Pro: The Cheat Sheet You Can’t Afford to Miss! 🚀📉"
The RSI (Relative Strength Index) is your go-to tool for spotting trade opportunities and catching reversals before they happen. Let’s break it down step-by-step with practical tips and actionable insights to help you crush your next trade! 💡🔥 What is RSI? Why Does It Matter? RSI measures market momentum on a scale of 0 to 100: Above 70 = Overbought 🛑 (Consider shorting!)Below 30 = Oversold ✅ (Get ready to buy!) But that’s not all! Let’s dive into powerful RSI strategies that actually work. 👇 Key RSI Signals You Need to Know 1️⃣ Overbought & Oversold Zones Overbought (RSI > 70)Price likely to reverse or pull back.Look for bearish candlestick confirmations before shorting.Oversold (RSI < 30)Price may bounce upward.Combine with support zones for higher accuracy! 💡 Tip: Oversold in a strong uptrend? Consider it a buy-the-dip opportunity instead of reversal. 2️⃣ Bullish & Bearish Divergences Bullish DivergencePrice makes lower low, but RSI makes higher low.🔑 Signal: Enter long when RSI confirms the divergence.Bearish DivergencePrice makes higher high, but RSI makes lower high.🔑 Signal: Enter short when price breaks below recent support. 💡 Extra Point: Use higher timeframes for divergence confirmation to avoid fakeouts. 3️⃣ RSI Trendline Breakouts How It Works:Draw a trendline on RSI itself.Breakout signals trend continuation or reversal. 📌 Pro Tip: Combine RSI breakout with price action (e.g., candlestick patterns).Look for volume spikes during breakout for extra confirmation. Advanced RSI Tactics to Level Up 🚀 4️⃣ RSI Swing Failure Pattern A reversal pattern where RSI fails to break past a level:Bullish Swing Failure: RSI crosses 30 but fails to break below again.Bearish Swing Failure: RSI crosses 70 but fails to break higher. 🔑 Takeaway: These are strong reversal signals when paired with support/resistance zones. 5️⃣ Use RSI with Other Indicators Combine RSI with:Moving Averages for trend direction.MACD for momentum confirmation.Fibonacci Retracements to align RSI signals with key levels. Pro Tips for RSI Trading 🧠 Stay in Context: RSI behaves differently in trending vs. ranging markets.Use RSI for reversals in a range.Use RSI for pullbacks in a trend.Don’t Ignore Volume: Volume spikes strengthen RSI signals.Set Alerts: Automate RSI notifications to spot setups faster. Final Words of Wisdom ✨ RSI is powerful but simple—only if used correctly. Combine it with smart risk management and a disciplined strategy for consistent results. 💬 Which RSI strategy will you try first? Drop your thoughts in the comments! 🔔 Save this post and share it with your trading community to help them win big! 🚀
Hello to all Poles I have a question for you, if I deposited 5000 PLN and withdrew 4000, do I still have to settle with PIT 38? and the second situation, if I only deposited and, let's say, withdrew after 3 years, do I have to make any corrections regarding the years not settled? and when is PIT 38 reported?
Scalping is a trading technique that involves making multiple small trades in a short period, typically seconds or minutes. Objective: To profit from small price movements, taking advantage of market volatility and liquidity. Key Characteristics: - Frequent trades - Small trade sizes - Short holding periods - High trading frequency Requirements: - Fast trading platform - Real-time market data - Quick decision-making - Risk management strategies Advantages: - Potential for high profits - Reduced exposure to market volatility - Opportunity to trade in both directions (long and short) Disadvantages: - High risk of losses due to market volatility - Requires intense focus and quick decision-making - Can be stressful and emotionally demanding - May incur high transaction costs Scalping Strategies: - Trend following - Range trading - Mean reversion - Statistical arbitrage Risk Management: - Set stop-loss orders - Limit position size - Monitor and adjust risk exposure - Use technical indicators to identify potential risks
Earn every Wednesday: new limited time offers available now! (11.12.2024)
This is a general announcement and marketing message. The products and services mentioned herein may not be available in your area. Dear members of the Binance community! Binance Earn brings you new offers that will launch every Wednesday. Stay tuned to Earn Every Wednesday for rewards in Simple Earn, ETH Staking, SOL Staking, Double Investment and more.