Besides the Launchpool and Megadrop, Binance introduced a third type of airdrop for BNB holders.
Thus, @binance has just announced their 1st project on Binance Airdrops Portal which is @BananaGunBot
🧵 In this thread, I’m bringing more details about $BANANA, but you can also check the Binance article here:
https://www.binance.com/en/support/announcement/introducing-banana-gun-banana-on-binance-hodler-airdrops-subscribe-your-bnb-to-simple-earn-252eaa5e7a8646e6a4461f6057a06af4?hl=en

Who is eligible for the airdrop?
Eligible users who subscribed their $BNB to Simple Earn products between 2024-06-23 00:00 (UTC) and 2024-07-05 23:59 (UTC) will get the airdrop distribution.
The new token is distributed to users' Spot Wallet one hour before trading begins.

What is @BananaGunBot?
Banana Gun is a Telegram bot for sniping upcoming launches and safely buying live tokens. The team aims to be your go-to sniper and manual buyer on the Ethereum and Solana networks, with plans to expand to other chains.
They will soon launch a web app that will transform the platform into a comprehensive on-chain trading terminal.

Back to school

#binancecampus

Binance launched its 54th project, Notcoin (NOT), on Binance Launchpool. $NOT is a community-driven token introducing users to web3 through tap-to-earn mining.
@thenotcoin is a viral Tap-to-Earn game on Telegram with over 26 million players. Players tap a button on-screen to "mine" Notcoins.
The Notcoin Game offers a browser-based experience where players accumulate Notcoins by clicking on the screen.
Notcoin's tie-up with the TON blockchain provides security, scalability, and future potential in gaming. Leveraging blockchain ensures a fortified gaming experience and sets the stage for tokenization and decentralized gaming.
Though Notcoin isn't a full-fledged cryptocurrency yet, its trajectory toward recognition has caught the cryptocurrency sphere's attention. Upon the NOT token's release, Notcoin aims to establish a significant presence in the cryptocurrency domain.

Binance Megadrop has entered the scene, revolutionizing token launches by seamlessly blending Binance Simple Earn with the Binance Web3 Wallet. And, we already have the debut project, Bounce Bit, which is already making waves on this innovative platform.

This groundbreaking initiative merges the excitement of airdrops with the engaging challenges of Web3 quests. By utilizing their Binance Web3 Wallet, users immerse themselves in a variety of activities, earning rewards from upcoming Web3 projects before they even reach the exchange.

Bounce Bit leads the charge in the Binance Megadrop landscape, introducing a novel BTC re-staking chain designed to boost the value of Bitcoin holdings. With early access to Bounce Bit tokens via Megadrop.

Participate in token launches by securing your BNB holdings and completing assigned tasks using the Binance Web3 Wallet. Stake your BNB in the "BNB Locked Product" via Binance Simple Earn to unlock enticing incentives tailored for BNB holders.

Here is a step-by-step guide:

1. Secure Your BNB with Binance Earn: Enroll in BNB Locked Products via Binance Earn. Locking your BNB is a prerequisite for embarking on various quests and earning rewards.
2. Immerse Yourself in Web3 Adventures: Navigate to the Quest section within your Binance Web3 Wallet and commence tackling assigned tasks. These tasks are pivotal in accumulating points that contribute to your overall score in the Megadrop.
3. Opt for Additional BNB Locked Products (Optional): Though not obligatory, opting for additional BNB Locked Products can bolster your score, augmenting your chances of securing more substantial rewards.
4. Track Your Engagement and Scores: Stay informed about your activities and scores through your Binance account. Make sure you grasp how your scores are computed—key factors include the locked BNB amount, completed tasks, and lock period duration.
5. Stay Updated on Reward Distribution: Once the Megadrop event concludes, rewards are disbursed to participants' Binance Spot Wallets based on their final scores.

@RenzoProtocol has successfully secured a spot on Binance's Launchpool, marking the beginning of $REZ trading on 2024-04-30 at 12:00 (UTC).

I think that REZ will be listed at around 0.4-0.5$

Renzo represents a fluid restaking protocol, providing users with the chance to stake their BNB and FDUSD in separate pools for REZ token farming over a span of six days. Farming activities commence on 2024-04-24 at 00:00 (UTC).

For more details about this launch, check this:
https://www.binance.com/en/support/announcement/introducing-renzo-rez-on-binance-launchpool-farm-rez-by-staking-bnb-and-fdusd-b1e64410cc9c4ab29687392f5581a61b

The 52nd addition to Binance Launchpool, Omni Network ( @OmniFDN - $OMNI ), steps onto the stage with promises of innovation. Positioned as Ethereum's integrated roll-up layer, Omni sets its sights on transforming decentralized applications (dApps) by consolidating Ethereum's scaling solutions into a seamless framework.

With its dual staking model at the helm, OMNI stands as a harbinger of change, offering a solution to Ethereum's scalability hurdles. By harnessing Ethereum's security measures and facilitating rapid cross-rollup message verification in milliseconds, OMNI aims to redefine the landscape of decentralized applications.

The blockchain is secured by over $1B in restaked $ETH

Total supply: 100M tokens
Initial circulating supply: 10.39M tokens

Based on those numbers, I’m expecting the initial market cap to be sitting above $200m, which could mean the token to be sitting between $20-25 in terms of price.

I see a lot of hype building around this project, and there are also going to be some airdrops. The early community members, alongside valued partners within the Ethereum ecosystem, stand to benefit from the upcoming $OMNI Genesis airdrop.

If you guys are interested in @OmniFDN, I recommend you to put your $BNB or $FDUSD tokens at work, you can take a look here for more informations Here and Here

It seems like Solana is suffering a bit after the issues that is experiencing, with some of the metrics starting to decrease.

I think is just something temporary and things will be fine. Remember that there are some things about to happen this year, like for example Firestarter, which will bring some insane developments.

And also, I think retail still chooses Solana as the main chain.

And in this story there is also a potential winner, at least for the short-term, which is Base, with a lot of attention going in there.

Mintlayer is flying again

Don't forget about staking the ML stokens for that juicy APR

Binance is listing Saga!

Binance unveils its 51st Launchpool project, spotlighting the SAGA Token @Sagaxyz__, a pioneering L1 poised for its debut on L1 platforms.
Starting with April 5, users can stake $BNB or $FDUSD to farm $SAGA and Binance will then list SAGA at 2024-04-09 14:00 (UTC).

Let’s take a closer look at Saga and what it actually is.

Shortly said, Saga is a Layer 1 blockchain on HST Cosmos, that offers a toolkit for projects to develop their own chains with a parallel execution structure.
Saga, the Web3 scalability protocol, has unveiled novel Web3 technologies aimed at propelling the game and entertainment industries to new heights.

This innovation enables seamless interoperability among chainlets, Saga's main chain, and other blockchains via Inter Blockchain Communication (IBC). Developers gain the capability to transfer assets and communication across various chains, fostering limitless performance and scalability.

A lot of hype started to build around Base ecosystem and the numbers don’t lie.

As you can see on this chart, Uniswap’s trading volume on Base is growing exponentially.

And it all started with the memecoin mania but I think this is definitely an ecosystem to watch.

MINTLAYER#3

What Sets Mintlayer Apart?
In the current landscape, the DeFi ecosystem predominantly operates on the Ethereum ($ETH) blockchain, where node management is restricted to specialized servers rather than accessible to average users. Consequently, a significant portion of users find themselves excluded from the governance processes of the blockchain.
These circumstances not only pose security risks for everyday users who predominantly rely on light nodes or custodial services but also contribute to the proliferation of more centralized project selections.
Given Ethereum's lack of future-proof sustainability and comprehensive scalability plans, coupled with its intricate technical architecture, it appears ill-suited to serve as a viable long-term solution for truly decentralized finance.
8/
Roadmap
Mintlayer's roadmap exhibits ambitious goals, with a primary emphasis on enriching its DeFi capabilities, refining token standards, and incorporating robust privacy measures.
Such strategic advancements underscore Mintlayer's unwavering dedication to leading the charge in blockchain innovation while remaining responsive to evolving user requirements.

9/
Team
The Mintlayer team consists of seasoned professionals in blockchain technology and finance. Their diverse expertise is pivotal in steering the project through the intricate realms of DeFi and blockchain development, propelling it towards its innovative objectives.
Their team contributors consist of former employees at Bitfinex & Toshiba, and also some high skilled developers.
10/
Quite interested in this project and I’m looking forward to see the team building and delivering. I’m sure the Bitcoin ecosystem will expand, thus I want to have exposure in this direction.
This dynamic activity reflects the early phase of an expansive DeFi ecosystem emerging on Bitcoin, teeming with potential and opportunities, as an increasing number of developers join this sector.

MINTLAYER#2

Staking.
Staking entails the act of immobilizing assets to bolster the operations of a blockchain network. $ML holders will have the opportunity to immobilize their tokens, assuming the role of network validators. These validators stand to receive rewards in the form of transaction fees for the blocks they validate.
Mintlayer's consensus protocol utilizes pools as block producers, enabling users with any amount of ML to engage actively in the network and receive rewards. A pool requires a minimum pledge of 40,000 $ML tokens, equivalent to 0.01% of the initial total supply. Users can delegate their tokens to a pool to earn rewards.
For the initial decade of network operation, each block produced will yield block rewards paid in $ML, detailed in the table below:

5/
Wallet.
They’ve also got a wallet, called Mojito.
Mojito offers the convenience of managing multiple wallets within a single platform, facilitating seamless storage, transmission, and reception of BTC.
Functioning as a non-custodial decentralized wallet, Mojito ensures that users maintain complete control over their assets at all times.
The interesting thing is that you can create new private keys for every transaction to safeguard your transaction history from unwanted scrutiny and maintain your anonymity intact.
6/
Mintlayer Ecosystem Overview.
The Mintlayer Ecosystem stands as a diverse array of opportunities tailored for projects aiming to unleash the full potential of Bitcoin. Projects at any phase of development can seek support within this dynamic framework.
Explore the foundational infrastructure and essential resources available for projects to thrive within the Mintlayer environment:
- Ecosystem Fund: This initiative identifies and financially backs top-tier DeFi projects with tangible real-world applications. Additionally, it serves as a bridge, linking project founders with the extensive network of Angels and Venture Capitalists associated with Mintlayer.
- Incubator Program: Catering to nascent projects, this program provides comprehensive support to guide them

MINTLAYER#1

I’m always trying to find the right narrative and one sector that recently caught my attention is this BTC beta and projects around it.
Thus, one project that I started to look at recently is @mintlayer, a pioneering Bitcoin layer 2 platform, designed to revolutionize various sectors including DeFi, smart contracts, atomic swaps, NFTs, and DApps.
Right now it’s price is around 0.44$ and I think it’s a bit undervalued.
With a focus on enhancing Bitcoin DeFi interoperability, Mintlayer pioneers a blockchain ecosystem enabling trust-less Staking, Lending, and Borrowing with $BTC.
🧵 Here’s my review of it. ⬇️
1/
Mintlayer is poised to become a nurturing ground for developers seeking to craft dApps with real-world utility, thereby shaping the future landscape of finance through the inherent decentralization of Bitcoin.
Emphasizing scalability, decentralization, and privacy, its architecture integrates advanced elements such as transaction batching and seamless Lightning Network compatibility.
2/
Let’s take a look at their token. $ML
Mintlayer boasts enhanced security and privacy functionalities in contrast to Ethereum. The native token $ML offers a spectrum of utility, including:
Empowering Staking and Governance.
Serving as fees for accessing exclusive protocol features (e.g., Tokenization).
Token holders will have the versatility to engage in a multitude of platform activities, spanning from covering transaction fees to participating in staking, and even engaging in speculative trading.
Moreover, the token will play a pivotal role in governance, serving as a key instrument in shaping the future trajectory and development path of the network, as determined by the dedicated development team.
3/
When it comes to tokenomics, it has a firm limit set at 600 million tokens, and Mintlayer allocates 400 million pre-mined tokens for the initial launch. The remaining 200 million tokens will serve as incentives for block creators until the entire token supply circulates within a decade.

We’ve just had the highest USDC inflow into Coinbase exchange.

And this came one day after the third-largest withdrawal of BTC in a year.

Should we expect a move coming? 🤔

The latest Dencun upgrade for $ETH seems to have delivered on its commitment to slashing transaction expenses across Layer 2 networks.

Leading Layer 2 platforms adopting the blobs feature have witnessed a significant drop in typical transaction fees.

At this moment not all chains have implemented blobs yet but these are coming soon as well.

The good thing is that I've already heard friends experiencing lower fees, and it seems like ETH beta narrative is still showing some strength.