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thanks for the information 👏🏻
thanks for the information 👏🏻
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What is Crypto Concept?
Meta Description: Cryptocurrencies, often referred to simply as crypto encompass all forms of digital or virtual currencies that use cryptography for securing transactions
Cryptocurrencies, often referred to simply as crypto encompass all forms of digital or virtual currencies that use cryptography for securing transactions. Cryptocurrencies aren’t under central issuing and are not regulated by a certain authority. Instead, they use a decentralized system that records transactions and issues.
Examples of cryptocurrencies
Bitcoin’s name is almost synonymous with cryptocurrency. It is the first and to this day – the most famous crypto. It was founded in 2009 and to this day holds its leading position.

Bitcoin (BTC) was developed as an alternative form of payment, which isn’t controlled by a central bank, bypassing all central authorities in a safe and legal manner.
Besides Bitcoin, there are other famous and successful cryptos like:
Here are a few examples
Ethereum
Ethereum employs a similar tech as Bitcoin but operates under peer-to-peer (P2P) payments. Ethereum is a massive project – it has its own network, created on a blockchain with the same name. It powers up entire ecosystems to operate without a central authority. It is something like insurance without an insurance company, or real estate without a title company.
Litecoin
Very similar to BTC, this coin is quicker to develop new innovations, like faster payment for more transactions.
Ripple
Ripple was founded in 2012, as a distributed ledger system. It can be used to track a large variety of transactions, not just on blockchain. The company that manages Ripple is known to partner with banks and large institutions.
Altcoins
Altcoin is a wide term, used for all tokens besides BTC. Most altcoins are used to capitalize on blockchain tech with a good investing perspective.
How does cryptocurrency work?
Crypto runs on blockchain – a distributed public ledger, that records all the transactions updated and held by users that own currency.
The coins are created through minting – a process that uses computer power to solve math problems that in turn, generate the coins. Brokers also sell coins, which users can store and spend through their crypto wallets.
It may come as a shock, but cryptocurrencies are not something tangible. You, as a user, own only the key that allows you to move a record from one user to another without using the services of a third party.
And blockchain is yet to develop even further, as new ways to use it and apps are still emerging. Through it, you can trade bonds, stocks, and a variety of financial assets.
How to Buy Cryptocurrency
If you are looking to buy your first cryptocurrencies, then head to a crypto exchange. There you can trade tokens with other users, just like at the stock market. After purchasing your coins, you’ll need to store them in a wallet or a third-party service such as Coinbase. You can later use those coins to buy some goods.
If you are looking to use crypto as a type of investment, then you can do it through a brokerage, like Robinhood. You can purchase BTC or other crypto, but you won’t be able to withdraw them from the platform.
Cryptocurrencies run on a blockchain, which is used to maintain a tamper-resistant record of the transactions and keeps a record of properties and their owners. It can be used to address problems faced by older attempts to create a digital currency, especially preventing people from creating copies of their holdings.
Depending on their way of use, separate units of crypto are known as tokens and coins. Some can be exchanged for services or goods, others can be staked or stored, while another group can be used to purchase items from app stores or in-game shops.
How are cryptocurrencies created?
Mining is the primary way to obtain cryptocurrencies. It is primarily used by Bitcoin and is an energy-consuming process where computers solve complex problems in order to identify the authenticity of transactions on the network.
There are other methods to create crypto, and some are far-less impactful on the environment. But the most popular is to simply buy some from an exchange.
Advantages and Disadvantages of Cryptocurrency
As every other financial asset, cryptocurrencies have their advantages, but also carry an amount of risk.
Advantages
👉No single point of failure
👉Easy to transfer
👉No third parties
👉Can generate returns
👉Remittances are streamlined
Disadvantages
👉Transactions can be pseudonymous, which allows for crime use
👉Highly centralized
👉Hard to return on investment
👉Off-chain security issues
👉Volatile prices
Cryptocurrency fraud and cryptocurrency scams
There are more and more cases of crypto scams and cybercrime.
Fake websites
Fake websites feature testimonials and heavy use of crypto jargon. They promise easy returns with a ‘small’ amount of investment.
Virtual Ponzi schemes
Cybercrimes that promote fake investment opportunities that are supposed to pay-off old investors with the money from the new ones. BitClub Network raised over $700 mil through a Ponzi scheme before its perpetrators were sent to jail in 2019.
"Celebrity" endorsements
Scammers use the names of well-known celebrities and billionaires to promote investment opportunities in fake cryptocurrencies. They contact victims through message apps and sell their stock when investors drive the price up, they sell the stock, thus reducing it in value.
Romance scams
According to the FBI, there has been a spike in online dating scams wherein fraudsters convince people whom they contact through dating apps or social media to invest or trade in virtual currencies. In the first seven months of last year, the FBI's Internet Crime Complaint Center received 1,817 crypto-focused romance scam complaints associated with losses of $133 million.
In conclusion
Crypto is advancing at a lightspeed pace, coming off a long way in the last 15 or so years. Now we can store value, transfer, and spend in different ways, by using numerous assets in terms of unmatched safety.
There is a new perception of crypto and blockchain, as they provide companies with new opportunities like a state-of-the-art supply chain. The future of cryptocurrencies and the supporting tech seems bright, as they keep growing and adapting to new and various uses.
Frequently asked questions
What is cryptocurrency?
Cryptocurrencies are a form of digital asset that uses cryptography to secure transactions. These transactions are managed through the blockchain.
What is blockchain?
The blockchain is a distributed public ledger, that records all crypto transactions. It is maintained through nodes that ensure security and transparency.
How are cryptocurrencies created?
Through mining – the process involves the use of computer power to solve complex problems in order to verify transactions and place them on the blockchain.
#CryptoConcept
very interesting!
very interesting!
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Trending News

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🗞️ Jeo Boden (BODEN) surges 148% in one day as 'Joe Biden is dead' memecoin spreads along with wild rumors
🗞️ Historic Debut of Spot Ethereum ETFs in US Financial Markets
🗞️ SEC Approves Multiple Spot Ethereum ETFs: Launch Imminent in Under Two Hours
great article 🔥
great article 🔥
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All you need to know about Risk Management in Crypto
Meta Description: Crypto investment has gained momentum and it keeps attracting more investors. Here are some tips for managing the risk in cryptocurrency investments.
Crypto investment has gained serious momentum in the last few years and it keeps attracting more and more investors. But this significant popularity raises the level of risk. Here are some tips for managing the risk in cryptocurrency investments.
Conduct thorough research
Thorough research is crucial for successful investment. Put in some time and effort to study your project of choice, get to know the team, and understand the tech they try to implement.
Also, try and study the various market trends and historical performances. They might not look crucial at first, put these metrics will allow you to assess the potential of the token.
Evaluate the team – see who’s behind the project and assess the credibility and expertise of the team. Furthermore, consider the regulatory frameworks and any legal issues that can impact the quality of investment.
Diversify your portfolio
Diversification is vital for any type of investment. Do your best to spread your investments across different types of crypto.. This way you will mitigate the risk that comes from investing in a single asset.
Such diversification includes different types of crypto assets – tokens, coins, alt, and stablecoins. That way you can balance the risk, increase potential returns, and safeguard your portfolio against huge losses.
Set realistic goals and risk tolerance
This probably had to come first. When investing in crypto (goes for any other financial asset) start with setting investment objectives and a time horizon before entering the market. Consider your personal risk tolerance and patience towards volatility. Put this into clear perspective in order to align investment strategy with goals and risk appetite.
Stay informed and updated
Staying well-informed regarding the market. The crypto market is exceptionally dynamic and can be influenced by various factors, so get your hands on as much info as possible. This includes newsletters, online communities, and forums. They can provide you with insight on market trends and potential opportunities.
Secure your investments
Security is a key factor in crypto investments. The best way to keep your assets safe is through a reputable cryptocurrency exchange.
Other popular and reliable security measures include two-factor authentication and hardware wallets that can store your tokens offline. Stay alert about phishing attempts or scams, and never share sensitive information or private keys with unauthorized sources.
Use stop-loss orders and take profits
Stop-loss orders are a great way to keep your investments safe from sudden market downturns. You can set these automatic orders to sell a certain token when it reaches a given price, saving you from potential losses in the process.
Take-profit orders on the other hand can be used to secure profits through selling a crypto coin when it reaches a selected price target. These orders need to be reviewed and adjusted constantly based on the market conditions. That way you can minimize the risk for your investments.
Avoid emotional decision-making
The crypto market is infamous for its volatility. It takes investors on an emotional rollercoaster on a daily basis, so it is crucial to stay alert on your emotions.
Instead, try to build a discipline and a rational approach towards investment. Stay away from impulsive decisions, based on short-term fluctuations (they are normal and pretty common), and keep an eye on the long-term trends and investing in the long run.
Consider long-term investing
Quick profits are always tempting, but you need to stay alert to the volatility of the market. Put in some time and effort in building a long-term strategy that’s focused on fundamental analysis and the capabilities of your chosen crypto project
Seek professional advice if needed
Professional advice is always welcome! When you have your doubts, always look for a second opinion from a financial expert, who has experience on the crypto market.
Experienced consultants can provide you with a tailored solution for your needs, that will navigate you towards well-informed investments. Also, portfolio management services are getting more and more common, so considering such will also be worth your time.
The fundamental risks in crypto investment
Crypto investment is an exciting opportunity, almost bordering extreme sports. In order to have a positive (and financially rewarding!) experience, you need to understand the fundamental risks associated with the crypto market. All investors – rookies and seasoned veterans alike, need to be aware of these risks in order to make successful investments.
Volatility and Market Fluctuations
High volatility is the leading risk on the crypto market. The market can experience significant price spikes and falls in very short periods, making it prone to sudden crashes. All investors need to understand that they need to proceed with caution, as substantial gains can be followed by huge losses, and vice versa.
Regulatory and Legal Uncertainty
Cryptocurrencies are gradually becoming the subject to more and more regulations all over the world. Regulatory bodies all over the globe are yet to define their stance on crypto, and this currently results in higher risk and uncertainties over legal matters.
Furthermore, changes in regulations or new policies impact the value of crypto investments. No matter if you are a beginner or an expert, you need to follow closely the work of your regulatory body and stay up to date with all new policies to avoid legal complications.
Cybersecurity and Hacking Risks
The decentralized nature of cryptocurrencies can be a double-edged sword. It can provide a certain amount of advantages, but they come with a large amount of risks. Exchanges, wallets, and crypto platforms are common targets for hackers, who aim at digital assets.
Safety first! A good way to avoid such attacks is to implement measures such as hardware wallets, two-factor authentication, and the use of reputable platforms.
Technology and Project Risks
Specific blockchain projects carry their risks, as they might lack a solid foundation, competent team, or disruptive technology, which can lead to a loss of investment. So, always conduct your research, and consider project fundamentals, as well as the team’s experience, and the implemented technologies.
Liquidity Risks
The liquidity risk refers to how quickly you can buy or sell a crypto asset without impacting its market price. These issues are pretty common in regards of smaller, or more obscure crypto projects, and stem away when they fail to find buyers or sellers.
Be cautious when investing in low-cap tokens, because they can suffer badly in market downturns, and further lead to financial losses.
In conclusion
If we may refer to the popular meme – imagine a photo of an old man saying ‘Crypto investing is not stressful (John, 25 years old). However, take it more as a thrill than stress. With these tips and tricks, you will be better prepared to tackle the volatile crypto market. So, buckle up and stay safe!
Frequently asked questions
Why is conducting thorough research important in cryptocurrency investment?
Conducting your research will help you assess how safe is your selected project. You will gain info on the team, the technology they use, and the regulatory framework. That way you will make informed and successful decisions.
How can I diversify my cryptocurrency portfolio effectively?
Effective diversification includes spreading your investment across various assets. This will mitigate the risks that come with investing in a single coin.
What should I consider when setting investment goals and risk tolerance?
Always have your objectives straight – know your time, horizon, and risk tolerance. Align your strategy with these factors for better financial gains.
#RiskManagement"
LFG 🚀🔥
LFG 🚀🔥
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Banana Gun Listing and Binance HODLer Airdrops - All you need to know!
Leading cryptocurrency exchange Binance has announced the first project on the Binance HODLer Airdrops. The exchange is listing Banana Gun (BANANA), the ecosystem token of the Telegram-based trading assistant Banana Gun bot, on its portal.
As the Binance HODLer Airdrops Portal lists Banana Gun, the BANANA token surges 26%, showcasing strong market enthusiasm.
What is Binance HODLer Airdrops?
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).
Unlike other earning methods that require ongoing actions, HODLer Airdrops reward users retroactively, offering a simple way to earn additional tokens. By subscribing BNB to Simple Earn products, users can automatically qualify for token rewards.
The exchange explained that users who subscribed their Binance Coin (BNB) to Simple Earn products between June 23 and July 5 are eligible to receive the airdropped BANANA tokens. The Binance HODLer Airdrops page is now live, with detailed information on the distribution.
Launched on June 19, Binance HODLer Airdrop Portal is a platform within Binance that distributes on-chain airdrops to its users. These airdrop tokens are issued by projects with enough circulating supply hours before their listing on Binance.
The program mainly rewards BNB holders based on historical snapshots of their BNB balances. Notably, users subscribing to the Simple Earn Program with BNB automatically qualify for HODLer Airdrops, alongside potential rewards from Binance Launchpool and Megadrop.
The exchange transfers these rewarded airdrop tokens to users’ spot wallets before the token lists on Binance Spot. In Banana Gun Case distribution will be done at 8 AM UTC Time ( 1 hour before Listing )
All you need to know for Banana Gun

The maximum supply of BANANA tokens is capped at 10 million, with the current total supply sitting at 8.9 million. Of the 8.9 million total supply, only 2.42 million tokens are in circulation. Notably, 800,000 BANANA tokens have been allocated for the Binance HODLer Airdrops rewards.
Following the airdrop, Binance Spot will officially list BANANA on July 20, at 09:00 UTC with BTC, USDT, BNB, FDUSD, and TRY pairs. Those who hold BANANA through the HODLer Airdrops will find their tokens in their spot wallets an hour before trading begins.
Binance has cautioned users about the potential for significant price volatility, emphasizing that the asset is already in circulation. As such, the airdrop would trigger an increase in its circulation, potentially leading to increased price volatility.
👉You can find the token on CoinMarketCap:
https://coinmarketcap.com/currencies/banana-gun/
BANANA Spikes 26%
The BANANA token has positively reacted to the announcement. The token’s price surged by over 26%, rising from $57.6 to $72.6 within the last 12 hours. Trading volume also saw a huge spike, increasing by 1,000% to nearly $40 millions at the time of writing.
In the long term, BANANA is up by more than 500% in the past year. It currently sits just 11% below its all-time high of $78.33, achieved last month.
#BinanceHODLerBANANA #BananaGun
good article 🔥
good article 🔥
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MANTA - All you need to know and why I am bullish on it!
In 2023, Manta Network experienced explosive growth, characterized by remarkable advancements, groundbreaking product launches, and an unwavering commitment to innovation in the realm of zero-knowledge (ZK) technology. Serving as a revolutionary modular ecosystem tailored for ZK applications, Manta Network has achieved a significant milestone as the first EVM-equivalent ZK application platform. The ecosystem offers an unmatched experience for developing and adopting advanced web3 applications, thanks to its effective use of ZK cryptography. We’ll take a look at the Manta Network ecosystem today, exploring its journey to success and what lies ahead for the network in the future.
With a Series A valuation of $500 million, Manta Network has raised over $60 million across pre-seed, seed, community, and Series A funding stages. Notable investors such as Polychain Capital, DeFiance Capital, and Qiming Venture Partners have contributed to its growth. The strategic backing from Binance Labs underscores the network’s significance in the industry. Founded in 2020 by Victor Ji and Kenny Li, the founding team, operating under p0x Labs, Manta Network received initial support from a Web3 Foundation grant, marking the beginning of its journey.
Arising from a visionary initiative to surpass the constraints of current blockchain solutions, Manta Network introduces a multi-modular ecosystem consisting of two blockchain networks. These networks provide advanced ZK tooling, streamlining the deployment of ZK-applications — Manta Pacific and Manta Atlantic.

Networks
Manta Pacific
Manta Pacific introduces an EVM-native Layer 2 solution with versatile ZK capabilities, enabling the exclusive creation of ZK applications through Solidity with Universal Circuits. Leveraging Celestia for DA and the OP Stack for Solidity-based ZK application development ensures not only efficient scalability but also a significant reduction in transaction fees.
The shift from Ethereum for DA to Celestia’s specialized DA solution significantly reduces L2 network transaction fees, resulting in savings exceeding $1.5 million in gas fees. The upcoming developmental phase targets the establishment of a fully modular zkEVM rollup using the Polygon CDK, promising further amplification of Manta Pacific’s capabilities. The transition into zkEVM utilizing Polygon CDK is set for early 2024.
Manta Atlantic
In contrast, Manta Atlantic emerges as the fastest and most decentralized ZK Layer 1 chain designed, strategically crafted to facilitate modular on-chain compliance identities through zkSBTs. Officially launched in January 2024, its primary focus lies in the ZK compliance credential layer, emphasizing practical application and seamless interoperability. This unique approach empowers projects to attain interoperable identities without necessitating direct cryptographic involvement.
Manta Atlantic establishes a composable execution environment tailored for ZK applications and seamlessly integrates Manta Network’s ZK tooling infrastructure. Built upon the Substrate framework, it operates as a parachain within the Polkadot ecosystem, placing a significant emphasis on interoperable identity verification and the deployment of ZK applications.
ZK Toolings
Universal Circuits
Manta Network’s Universal Circuits revolutionize the landscape of ZK application development by addressing inherent complexities. Traditionally, developers face daunting learning curves, requiring deep expertise in cryptographic techniques and the manual creation of intricate ZK circuits using languages such as Circom.
To overcome these obstacles, Universal Circuits offer a comprehensive library of pre-built ZK circuits for seamless integration into applications, particularly those developed using Solidity for Ethereum. This approach simplifies the development process, empowering developers to incorporate ZK functionalities effortlessly, without the need for extensive cryptographic knowledge.
Functioning as ZK-as-a-Service, Universal Circuits enable Solidity developers to interact with Manta Pacific contracts via APIs, facilitating the integration of ZK features with minimal adjustments to existing codebases. Noteworthy circuit designs within Universal Circuits encompass zkContracts like zkShuffle and Semaphore-based circuits, developed by the Privacy Scaling and Exploration (PSE) Labs at the Ethereum Foundation.
Manta Network’s upcoming initiatives involve enhancing Manta Atlantic’s capabilities, expanding the adoption of zkSBT and MantaPay for Rust developers, and rolling out the Manta Pacific Testnet to engage a wider community of developers and applications. The aim is to broaden the network’s impact and offer comprehensive solutions across both Web3 and Web2 domains.
zkSBTs and Manta NPO
zkSBTs, known as ZK-enabled SoulBound Tokens, are non-transferable NFTs anchored to individual user identities on the blockchain. Harnessing ZKPs for heightened user security, these tokens excel in on-chain gaming items, identity authentication, and asset verification. Moreover, developers can seamlessly integrate zkSBTs into ZK applications without requiring advanced cryptographic skills or expertise in ZKP.
Key functionalities of zkSBTs:
👉On-chain Data Verification: zkSBT acts as a streamlined solution for on-chain data verification, especially beneficial for mobile applications. Despite having user-friendly wallets like Particle and Unipass, validating data such as KYC details, credentials, and assets still poses challenges on mobile platforms
👉Decentralized Compliance: KYC, valued at around $1.6 trillion, is crucial for web platforms, necessitating the distinction between real users and bots. Tools like zkBAB and zkGalxe allow users to authenticate their legitimacy without disclosing personal data or linking to a wallet. Many applications leverage zkSBT for this verification purpose.
👉Credential Verification for On-chain Activities: Galxe and Cyberconnect process substantial on-chain activities but struggle with privacy concerns. zkSBT provides a solution, enabling private credential verification without the need for constant wallet connections. It also supports multi-chain verification.
👉Game/Social Items: zkSBTs can serve as in-game items or assets in social platforms. Notable examples include Ultiverse and ReadON zkSBTs, minted on the Manta chain and utilized across diverse applications.
👉Asset Verification: zkSBTs play a crucial role in asset verification applications. Tools like POMP enable users to create zkSBTs, offering a confidential on-chain statement to verify their asset holdings. This functionality proves valuable in both traditional and decentralized financial contexts.
Manta Network’s Robust Ecosystem

Manta Network’s focus on cost efficiency and enhanced throughput for ZK applications, and has swiftly become a favored choice among decentralized applications (dApps). Since its launch in September 2023, Manta Pacific’s L2 network has seamlessly integrated more than 150 dApps, with nearly 15 of them being native ZK applications.
Manta Pacific’s mainnet has facilitated the processing of more than 10 million transactions since its initial debut. Despite its recent entry into the L2 scene, the network has amassed an impressive Total Value Locked (TVL) of over $1.5 billion, securing a prominent position among L2s according to L2 Beat. The significant increase in TVL can be attributed to the success of the New Paradigm bridge launch in December 2023, which brought in over 200,000 new users. Barely two months after the launch, users had bridged over $750 million in assets to the L2 network.
Manta Pacific’s rollout strategy kicked off with MantaFest, a dynamic 5-week promotional campaign launched alongside its mainnet debut. This initiative aimed to invigorate network activity by introducing users to a diverse array of newly integrated dApps spanning Bridging, DeFi, SocialFi, and GameFi. Participants in MantaFest had the opportunity to accrue points, which could be exchanged for MANTA rewards during the Token Generation Event (TGE). Additionally, in October 2023, just one month following Manta Pacific’s mainnet alpha launch, Manta Network unveiled the Uncharted Grants program, further fueling the ecosystem’s growth and fostering innovation.
Looking Forward To The Future Of Manta Network
Following its mainnet debut, Manta Pacific has unveiled a comprehensive four-phase roadmap to guide its developmental trajectory following the mainnet debut. The team aims to collaboratively achieve each milestone in tandem with the broader Manta Network ecosystem and community. At present, Manta Pacific has successfully concluded the second phase, operating as an OP Stack rollup with Celestia for DA. The imminent full transition to a zkEVM validium using the Polygon CDK stands as a pivotal objective for 2024.

If Manta Network effectively executes its roadmap, it is primed to become a preferred choice for developers entering the dApp ecosystem. The ongoing evolution of Manta Network underscores a commitment to refining its offerings, expanding its influence, and bridging the web2 and web3 domains while upholding user privacy and data security.
Pretty Bullish on $MANTA and everything coming 🔥🔥
#MantaRWA
Nice information 👏🏻
Nice information 👏🏻
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BounceBit on Binance Megadrop. Insights and How to participate and maximize your Earnings!
Megadrop represents Binance's latest innovation, serving as a novel token introduction platform that features airdrops and Web3 assignments. Participants can pledge BNB to Fixed Products and engage in Web3 Wallet activities to secure early rewards from select Web3 initiatives, ahead of their token listings on the Binance Exchange.
It bears resemblance to Launchpool, yet it integrates Binance’s Web3 wallet tasks, enhancing user familiarity and proficiency with its operations. Through the completion of straightforward tasks, participants accumulate points that translate into future rewards.
The formula for calculating total points is given by:
Total Points=(Locked BNB Points×Web3 Task Multiplier)+Web3 Task Rewards
About BounceBit - The 1st Project on Megadrop
BounceBit is a unique platform designed specifically for Bitcoin, offering a restaking chain that is supported by notable investors such as Blockchain Capital and Breyer Capital. Its main goal is to establish a dedicated smart contract execution environment for Bitcoin. The platform introduces innovative concepts like the App Store and BounceBox, which allow users to quickly deploy decentralized applications within the Bitcoin ecosystem.
Furthermore, BounceBit is recognized as the first native staking chain for Bitcoin, employing a dual-token system to enhance the staking process. It combines the security of Bitcoin with full Ethereum Virtual Machine (EVM) compatibility, providing a secure and convenient restaking experience. The platform uses a Proof-of-Stake (PoS) consensus mechanism and offers transparent financial services to address issues in traditional Bitcoin finance. By enabling BTC holders to participate in DeFi and CeFi markets, BounceBit aims to increase liquidity and utility for Bitcoin in a transparent and efficient manner.
In summary, BounceBit is redefining the interaction with Bitcoin by offering a more inclusive and dynamic financial ecosystem through its restaking chain, smart contract features, and unification across multiple chains.
The BounceBit PoS Chain will be the first showcase of BTC Restaking infrastructure. It is secured by validators staking BTC and staking BounceBit’s native token — A dual-token system leveraging native Bitcoin’s security, liquidity and low volatility. Unlike existing Layer 2 solutions, BounceBit interacts with Bitcoin only on the asset level instead of the protocol level, taking a Layer 1 Proof of Stake approach.
BTC in regulated CeFi Custody is locked so that the user can mint a wrapped version of BTC on the BounceBit chain, we call it bounceBTC. This BTC can be delegated to node operators, that return a voucher to the staker, stBTC. This liquid staking derivative can then be restaked to other SSCs, like sidechains, bridges and oracles, or be used to participate in further yield generation. All of this happens, while the BTC in the regulated custody is earning risk-free yield through funding rate arbitrage.

Of course for me every single Project coming on Binance I am super Bullish on BounceBit as well and I believe long-term will give really good ROI!
How to participate in Megadrop?
Step 1: Go to Earn section

Step 2: Search for BNB. Select 15-120 days

You can choose a fixed lock from 15 to 120 days, the longer the lock, the higher the score coefficient. Of course saying that 120 days will be the best option to maximize your Earnings!
Step 3: Select quantity and click "Confirm" to complete the step of locking BNB on the exchange

How to access Binance Megadrop?
👉Binance App > More > Others > Megadrop > BounceBit > Quest
Web3 Quests on BounceBit
👉The quest for our Megadrop is as follows: “Stake 0.0001 BTCB to BounceBit”
You’ll need BNB for gas fees and a little bit more than 0.0001 BTCB, since the withdrawal fee for BTCB is paid in BTCB, we suggest withdrawing at least 0.000111 BTCB.

How to complete the quest?
👉Ensure you have enough BNB for the gas fee.
👉Click “Start Now” via Binance Web3 Wallet.
👉Select “BNB Chain” as your network.
👉Enter the amount of BTCB to deposit.
👉The first transaction approves your spending cap on BTCB with BounceBit.
👉The second transaction deposits your BTCB into BounceBit.
🔥The best in the Megadrop Program is that you can keep your $BTC and $BNB on Spot! Don't forget that!
#BOUNCEBITLAUNCHPOOL #Megadrop
such a great article 🔥
such a great article 🔥
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Renzo - Lastest Updates. Less than 2 days to farm on Binance Launchpool
Hey Folks, if you still wondering what to do with your BNB or FDUSD the best is to stake them and start farming Renzo! Also when you stake your BNB you also participate in Binance Megadrop Program!
Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking.
The protocol abstracts all complexity from the end-user and enables easy collaboration between users and EigenLayer node operators.
Lastest Updates
Based on Community Feedback Renzo team updated:
🔥Claim timeline
🔥Tokenomics
🔥Airdrop eligibility
💪Snapshot & Claim Timeline:
👉Snapshot date remains on April 26th, 2024
👉Claim date is changing to April 30th, 2024
(1 hour before Binance listing)
💪Tokenomics Update:
👉Community: Total increasing from 30% to 32%
👉Total Airdrop allocation increasing from 10% to 12%
🔥Season 1 increased from 5% to 7% total supply
🔥(2% increase is coming from Liquidity (MMs) & Foundation)
Season 2 allocation remains at 5% total supply
💪Binance Launch pool:
👉Remains at 2.5% total supply
🔥Airdrop Eligibility:
👉Minimum qualification is 360 ezPoints per wallet
👉Majority of all eligible wallets, greater than 99%, are fully unlocked at TGE
👉Higher threshold is being applied for the largest wallets. Wallets with more than 500k ezPoints will unlock 50% at TGE with the remainder now vesting linearly over 3 months.
They also announced the start of Season 2 of ezPoints which will run for 3 months
✅ 5% of total supply
🔥 Season 1 participants will receive a 10% boost
🔍 Explore new rewards for key DeFi partners
🚀 Claims go live April 30th at 11:00 UTC
New ezPoints Rewards:
🔥pendle_fi - 4X ezPoints boost
🔥Balancer / AuraFinance - 4X ezPoints boost
🔥CurveFinance - 4X ezPoints boost
🔥ThrusterFi / hyperlockfi Juice_Finance - 4X ezPoints boost
🔥kimprotocol - 4X ezPoints boost
🔥NileExchange - 4X ezPoints boost
👉Claims:
🔥Starting April 30th at 11:00 UTC, 1 hour prior to the binance listing, the Season 1 airdrop claim window will open. Users will have 30 days to claim their $REZ at claim.renzoprotocol.com. Any unclaimed tokens will be added to the Season 2 airdrop.
👉Stake your BNB or FDUSD and start farming Renzo here:
https://launchpad.binance.com/en/launchpool/REZ
Happy Farming 🚜🚜🚜
#BinanceLaunchpool #RENZOLAUNCHPOOL
excited for Renzo launch
excited for Renzo launch
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Hausse
Renzo is the 53th Project on #BinanceLaunchpool

Renzo Protocol is a liquid staking platform and EigenLayer strategy manager. It enables users to stake their ETH in exchange for staking and restaking APR, as well as ezETH LST that can be used in various DeFi applications to earn additional rewards. It is powered by the native Renzo token ($REZ), which will be used for participating in the platform’s governance voting.

To participate in the $REZ IEO on Binance, you need to have a registered account and complete KYC verification on Binance. Then, you should acquire some BNB or FDUSD tokens on your Binance account, visit the launchpool page, pick a Renzo IEO page, and stake those tokens.

On an hourly basis, you will receive rewards proportional to your share in the FDUSD and BNB staking pools, while the total rewards for each staking pool are:

212,500,000 $REZ for BNB staking pool (85% of total rewards);
37,500,000 $REZ for FDUSD staking pool (15% of total rewards).

🔥PRO TIP 1: While the rewards for the BNB staking pool are much higher than for FDUSD, consider that the FDUSD pool usually has much less value locked. This means that your share in the FDUSD pool might be significantly higher than in the BNB pool, leading to higher rewards.

🔥PRO TIP 2: Staking your $BNB also gives very good benefits cause you are enrolled also in Binance Megadrop Program where you can earn another free tokens!

IMPORTANT RECENT UPDATES FROM RENZO

🔥With the successful upgrade to EigenLayer M2 contracts, the Renzo team has prioritized working with multiple audit firms to prepare the protocol for Mainnet withdrawals:
🔥HalbornSecurity, a trusted partner from Day 1 is doing a full re-audit of the protocol to be complete mid May
🔥Sigma Prime a new audit partner is scheduled to be complete by the end of May
🔥Code4rena audit contest is scheduled to begin the first week of May.

👉 Around 3 days to go for Farming Folks, don't wait for the last moment! Just stake your BNB or FDUSD here:
https://launchpad.binance.com/en

#RENZOLAUNCHPOOL
Lfg 🔥
Lfg 🔥
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RENZO - 53th Project on Binance Launchpool. Insights and how to Farm!
Hey Folks, time to get to know #RENZO
After the Dencun upgrade, Liquid staking surged in popularity with higher TVL. Renzo Protocol ranked in the top three in LSDfi market projects by TVL and received an investment from Binance Labs on February 22, 2024, marking the second liquid restaking protocol funded by Binance Labs after Puffer Finance.
What Is Renzo?
Renzo, a cross-chain Liquid Restaking protocol on the EigenLayer, allows users to stake ETH and other liquid staking tokens (LSTs) on platforms like Ethereum, Arbitrum, and BNB Chain. Staking rewards users with ezETH, which can earn ezPoint rewards for future airdrops and restaking.
By optimizing capital utilization, users can maximize their return on investment. Currently, Renzo ranks as the third-largest project in the Liquid Staking segment in terms of Total Value Locked (TVL), reflecting its increasing popularity and user trust.
Renzo is a Liquid Derivatives platform built on the innovative EigenLayer blockchain. As a project, it serves as a crucial interface for the entire EigenLayer ecosystem, ensuring Actively Validated Services (AVS) and, in doing so, offering significantly higher returns compared to the returns that come from simple ETH staking.

Renzo mints equivalent ezETH for each LST or ETH deposit to maintain balance. It’s designed for Ethereum restaking, previously an unserved blockchain market area. It uses smart contracts and operational nodes for effective restaking strategy implementation, serving as an on-ramp and off-ramp.
The withdrawal process, influenced by restaking strategies and EigenLayer’s requirements, takes at least 7 days and varies per AVS. Renzo guarantees users total rewards from EigenLayer. User-paid fees are used for the protocol treasury and Renzo node operator payments.
In other words, Renzo is not only a means of ingress into the world of Ethereum restaking, but it also provides an exit strategy. This dual functionality makes it an essential tool for anyone looking to explore the potential of Ethereum restaking.
Renzo ezPoints
From the official Beta launch of Renzo on December 18, 2023, users who hold ezETH in their wallets earn 1 Renzo ezPoint per hour per ezETH held. Renzo runs ezPoints promotions, such as an additional gift of 200 ezPoints for every 1 ETH deposited within a specific timeframe.
However, exploiting the system by repeatedly selling and buying ezETH to earn multiple rewards is prohibited, and any user detected doing this will be excluded from the ezPoints program. Liquidity providers earn double the ezPoints. If you provide liquidity to pools on DEX, you’ll receive 2x ezPoints. You can also earn extra ezPoints by referring new users to join and deposit ETH into Renzo. You’ll earn 10% of the ezPoints that your referred users earn.
The system has a points accumulation feature allows you to earn more Renzo Points. The more active users you refer, the more ETH you deposit into Renzo. The Renzo ezPoints system rewards users based on their activity and participation in the Renzo system, from holding ezETH to providing liquidity and referring new users.
I'm very bullish on Price here long-term since this is one of the most hyped restaking Protocols out there!
Renzo Protocol’s future, particularly its Liquid Restaking project, looks promising due to the investment from Binance Labs. This venture capital arm of Binance is renowned for supporting innovative blockchain and cryptocurrency projects. This investment provides Renzo Protocol with not just financial backing but also access to expertise and resources within the Binance ecosystem.
Renzo Protocol’s Liquid Restaking introduces a unique approach to staking in decentralized finance (DeFi). It allows users to stake their assets while preserving liquidity, addressing a significant challenge in traditional staking mechanisms. This innovative feature could attract users who want to earn staking rewards while maintaining the freedom to access their assets when necessary.
In summary, with Binance Labs’ support and the unique offering of its Liquid Restaking project, Renzo Protocol is well-positioned for growth and success in the DeFi sector’s future.
Binance will then list REZ at 2024-04-30 12:00 (UTC) and open trading with REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY trading pairs. The Seed Tag will be applied to REZ.
REZ Launchpool Details:
👉Token Name: Renzo (REZ)
👉Max Token Supply: 10,000,000,000 REZ
👉Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)
👉Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max token supply)
👉Smart Contract Details: Ethereum
👉Staking Terms: KYC required
👉Hourly Hard Cap per User:
🔥147,569.44 REZ in BNB pool
🔥26,041.67 REZ in FDUSD pool
👉Supported Pools:
🔥Stake BNB:
https://launchpad.binance.com/en/launchpool/REZ_BNB
👉Now here comes the best Benefits for all the people that will stake their BNB to farm Renzo!
Binance has announced the launch of the Binance Megadrop. It is a token-launch platform that hosts airdrops and Web3 quests.

This new platform enables users to subscribe to BNB for locked products and complete tasks within their Web3 Wallet. Users will receive early access to rewards from selected Web3 projects before the exchange lists their tokens.
And as I said the best for all users is that you can buy and stake BNB on both Binance Launchpool and Binance Megadrop Platforms and earn a juicy Rewards which is super good in my opinion and nobody else out there is offering this!
🔥 Stake FDUSD:
https://launchpad.binance.com/en/launchpool/REZ_FDUSD
#BinanceLaunchpool #RENZOLAUNCHPOOL
great article 🔥
great article 🔥
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MEGADROP - The new powerful Token Launch Platform with Airdrops and Web3 Quests!
Hey Folks,
Let's dive into the most important details of it!
Megadrop is a new token launch platform with airdrops and Web3 quests, where users can subscribe BNB to Locked Products and/or complete tasks in their Web3 Wallet for early access to rewards from selected Web3 projects before their tokens are listed on the Binance Exchange.
Think how great is that and if anyone else has something similar. Well answer is not. Again Megadrop is bringing the Revolution in #Web3 and you will be able to earn Rewards even when you do some simple tasks!
Also you will be able to subscribe your BNB to Locked Products! Everything easy and very simple to do!
👉How to Get Started With Megadrop:
🔥Log into your account
🔥Subscribe to BNB Locked Products and/or complete Web3 Quests to accrue scores. To complete Web3 Quests, make sure you have at least one active Binance Web3 Wallet. Register for an account and create your first Web3 Wallet now if you have not yet done so.
🔥Complete subscriptions to BNB Locked Products on Simple Earn to accrue scores.
🔥Go to Megadrop on the App (coming soon) and complete all the designated Web3 Quests to accrue scores and obtain a score multiplier.
🔥Receive Megadrop rewards based on your Total Score.
With few words Folks, as you can see, the experience with #Megadrop will be super nice. All you will need is just few minutes a day to do the available tasks or lock your BNB to earn Rewards! As I said it's truly Revolutionary Product!
Score-Based Megadrop Mechanism:
👉Megadrop reward per qualified user will be based on the user’s Total Score in proportion to the Total Scores by all qualified users.
💪Scoring System:
🔥Locked BNB Score: Users will get a score based on the quantity of BNB subscribed and the length of the subscription period. Longer subscriptions yield higher scores. This score may fluctuate as it is based on averages from daily snapshots.
🔥Web3 Quest Bonus* and Web3 Quest Multiplier: Users will get a Web3 Quest Bonus and a Web3 Quest Multiplier when they complete all the designated Web3 Quests with the minimum requirements specified.
🔥The system will calculate users’ Total Score by applying the Web3 Quest Multiplier to their total Locked BNB Score, and then adding the Web3 Quest Bonus.
🔥Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
So the best combination to earn maximum rewards will be to lock your BNB and do all the Quests!
Important Notes:
👉External wallets imported to Web3 Wallet will not count.
👉Only backed-up wallets that are created in Web3 Wallet may participate in Megadrop.
👉Users may go to the Megadrop project page (the page will be available in the second announcement) to check if a quest is completed successfully.
👉Megadrop rewards will be airdropped to users’ Spot Wallets.
To make a Web3 Wallet takes less than a minute. And don't forget to back it up!
The first project to be introduced on Megadrop will be BounceBit (BB), a BTC restaking chain.
💪BounceBit Megadrop Details:
👉Token Name: BounceBit (BB)
🔥Max Token Supply: 2,100,000,000 BB
🔥Megadrop Token Rewards: 168,000,000 BB (8% of max token supply)
🔥Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply)
At the end this is another great Opportunity for all people around the Globe from Number 1 CEX to get involved into Projects with great long-term potential and earn Rewards easily and smoothly with just a simple steps and just a little time a day!
#Megadrop
that's great news
that's great news
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How to trade on Binance Lite? Easy Steps to follow 🔥
Binance Lite is a simplified version of the Binance App. It aims to make buying and selling cryptocurrencies easier for those that are new to crypto trading. On Binance Lite, users can see the prices of the more popular cryptocurrencies, make purchases, check their wallet balance, or subscribe to Binance Earn products in just a few steps.
🔥 It offers an intuitive interface with a reduced amount of information on the app homepage. Users will only see the basic features when they launch the App, making Lite mode a perfect choice for crypto novices and new Binance users. Also, if you are using an older mobile device or a limited internet connection, Binance Lite can provide better performance than the classic Pro version.
Here is how the App looks when I log in:

Compared to Binance Pro, Binance Lite has improved its usability, making it easier for new users to navigate. In the Lite version, users will only see the prices of the more popular cryptocurrencies on the app homepage, along with a green or red line to represent the price trend over a given time period. Despite the simplistic interface, users still have the option to sort the coins according to popularity, market cap, price, and 24-hour changes. They can also tap on a specific coin to check its price trend on an easy-to-read candlestick chart, which can be customized to display the trend over different time periods. Information and news about the coin are also included at the bottom.

Users can buy crypto in just a few steps on Binance Lite. All they need to do is tap on the [Trade] button on the coin page. Select the fiat currency to use, enter the amount to purchase, and choose the payment method to confirm the order. The purchased crypto can then be viewed in the wallet. The same goes for selling crypto. Tap [Sell] on the top right corner, or use the [Convert] function to convert between different coins.

As you see you can buy with different payments methods: Bank Transfer, Card, Wallet.
🔥Apart from basic trading functions, Binance Lite offers other Binance Earn products for users to grow their crypto holdings. Binance Earn is similar to a savings account, users can subscribe their idle coins to BNB Vault or Flexible Savings and receive stable returns. Earn products are flexible, meaning that users can deposit funds, earn interest, and redeem them at any time without transaction fees.
Also you can buy, sell, convert and deposit straight when you enter the Markets from the App! Very simple and easy!

Despite having the more complex product functions removed from the Lite mode, the core features that are most frequently used are easily accessible from the navigation bar at the bottom. Users can tap on the middle yellow icon to buy, sell, or convert crypto, or tap on the wallet icon to check their wallet balance, asset allocation, and portfolio value.

If you are new to the space and looking for a quick and easy way to get started, I strongly recommend using the Lite mode!
#BinanceLite #Binance #Trading
wow thanks for the information 👏🏻
wow thanks for the information 👏🏻
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Meet Saga - The New Binance Launchpool Project
Binance is excited to announce the 51st project on Binance Launchpool - Saga
Users will be able to stake their BNB and FDUSD into separate pools to farm SAGA tokens over four days, with farming starting from 2024-04-05 00:00 (UTC).
WHAT IS SAGA?
The Saga protocol was designed to streamline the creation of application-specific blockchains. This is achieved by transforming how developers and users interact with blockchain technology.
Saga simplifies the launch of bespoke blockchains, termed "Chainlets," by leveraging a model of shared security in managing validator activities, and a streamlined process for deploying blockchains. This makes the process of deploying smart contracts very straightforward.
What is super impressive about Saga for me personally:
🔥 340 projects on testnet
🔥 Gaming made up 80% testnet projects
🔥 Partnerships with Polygon, Avalanche, Celestia
🔥 Partnerships with gaming giants MarbleX & Com2us
Also they have few key events happening in April:
💪 Mainnet Launch should happen very soon
💪 They have huge announcement coming around the Mainnet release
💪 Bringing the Revolution in #GameFi which is super important cause we all know #GameFi is one of the Metas this Cycle.
.................
Saga Protocol represents a transformative approach to blockchain development, particularly for application-specific needs. By simplifying the deployment process and democratizing access to secure, scalable blockchain infrastructure, Saga addresses critical pain points in building blockchain applications.
The protocol's innovative use of shared security, alongside mechanisms like Optimistic Coordination, not only alleviates the complexities associated with securing individual chains but ensures that every Chainlet benefits from the robust security framework of the Saga Mainnet.
Saga opens up new possibilities where developers can launch and manage their blockchain applications with ease and confidence. With its focus on scalability, flexibility, and security, Saga Protocol is set to play an important role in the evolution of the web3 infrastructure, making it an indispensable tool for developers looking to navigate the vast landscape of decentralized applications.
Just look at this super impressive statistics:

Of course when it comes to price prediction I am sure more of you reading this know my personal opinion. All #BinanceLaunchpool Projects are doing extremely well and #SAGA. won't be exclusion from that, especially if you hold long-term!
SAGA Launchpool Details:
👉Token Name: Saga (SAGA)
👉Max Token Supply: 1,000,000,000 SAGA
👉Launchpool Token Rewards: 45,000,000 SAGA (4.5% of max token supply)
👉Initial Circulating Supply: 90,000,000 SAGA (9% of max token supply)
👉Smart Contract Details: Saga Security Chain
👉Staking Terms: KYC required
👉Hourly Hard Cap per User:
👉37,500 SAGA in BNB pool
👉9,375 SAGA in FDUSD pool
Two Pools as usual:
🔥Stake $BNB : ( Pool will be live at 12 AM UTC Time, 4th of April )
https://launchpad.binance.com/en/launchpool/SAGA_BNB
🔥Stake $FDUSD : (Pool will be live at 12 AM UTC Time, 4th of April )
https://launchpad.binance.com/en/launchpool/SAGA_FDUSD
SAGA Socials:
🔥 Website: http://saga.xyz/
🔥 Whitepaper: https://sagaxyz.cdn.prismic.io/sagaxyz/08e727f2-88a2-4c95-ad17-b0b9579d2b69_saga-litepaper-march-2022.pdf
🔥 Medium: https://medium.com/sagaxyz
🔥 X: https://twitter.com/Sagaxyz__
🔥 Discord: https://discord.com/invite/UCRsTy82Ub
🔥 Telegram: https://t.me/sagaofficialchannel

🔥 HAPPY FARMING 🔥
#SAGALAUNCHPOOL
thanks for sharing 👏🏻
thanks for sharing 👏🏻
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Amazing Opportunity for New Users on Binance - $10 Bonus and chance to get a Golden Egg with 1 BTC!
Hey Folks. I want to share this amazing opportunity with you. All you need is to follow 2 simple steps!
1. Register here:
https://accounts.binance.info/en/register?ref=10111579
You will get $10 Bonus. Just don't forget to do KYC!
2. Open the Egg here:
https://www.binance.com/en/activity/red-packets/RP1497937771852924851300/share?utm_medium=web_share_copy
More information about the Campaign you can find here:
https://www.binance.com/en/support/announcement/golden-egg-giveaway-sign-up-with-binance-now-to-share-over-200-000-in-btc-rewards-with-1-whole-bitcoin-up-for-grabs-6375aa918ed74795aa4c9eb658dac893
#BinaceEaster #EasterBitcoin #EasterWithBTC
Nice information 👏🏻
Nice information 👏🏻
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What is ETHENA? Features? How to Farm on Binance Launchpool? Everything you need to know
Hey Folks, time to go more deeper in #Ethena! and explain what is about and how to Farm on Binance Launchpool.
Ethena is developing an Ethereum-based internet bond with the main product being a decentralized stablecoin called USDe.
💪On March 29, Ethena became the 50th project on Binance Launchpool. Binance plans to list the ENA token at 8:00 a.m. on April 2 (UTC) with the trading pairs ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD and ENA/TRY, and attach a seed tag to this token. Detailed information is as follows:
👉Token name: Ethena (ENA)
👉Total supply: 15,000,000,000 ENA
👉Launchpool reward: 300,000,000 ENA (2% of total maximum supply).
👉Initial circulating supply: 1,425,000,000 ENA (9.5% of total maximum supply).
👉Staking terms: KYC required
🔥Hourly hardcap per user:
👉333,333.33 ENA in BNB pool.
👉83,333.33 ENA in FDUSD pool.
What is Ethena?
Ethena is a USD (synthetic dollar) synthesis protocol built on the Ethereum blockchain. The project provides a cryptocurrency investment solution that does not depend on traditional banking infrastructure and a global USD savings tool "Internet Bond".
Ethena's synthetic currency is USDe, which helps resist censorship and can be expanded stably by staking Ethereum for a certain period of time. This protects the value of the USD in the cryptocurrency market. USDe fully supports, on-chain transparency and has the ability to freely transact in the decentralized financial system (DeFi).
On March 28th, Ethena Labs announced the distribution of a 750 million ENA token airdrop to shard holders. Users can request to claim the airdrop starting from April 2nd, and the claiming portal will remain open for 30 days.
Users must continue to hold and lock USDe, maintaining a minimum balance equal to the snapshot taken on March 26th. The top 2,000 wallets with the highest shard scores will have 50% of their tokens locked, gradually unlocking them over six months.
Ethena will continue to roll out Phase 2 of the reward program from April 2nd to September 2nd, encouraging users to use BTC as collateral for the stablecoin USDe. The program may end early if the total supply of USDe reaches $5 billion. Participants will receive rewards similar to the Shard Campaign.
Characteristics of Ethena
👉USDe: Ethena Labs manages the creation and redemption of the synthetic USD coin "USDe". This is the first fully-backed, on-chain, scalable and censorship-resistant cryptocurrency. The USDe backer introduces the first “internet bond” to save synthetic USD yielding profits from staking and market arbitrage.
👉Internet bonds: Internet bonds tightly integrated with blockchain technology and cryptocurrencies, providing yield on staked Ethereum and spreads between price and basis in perpetual and futures markets. With large scalability and optimal capital efficiency, bonds ensure transparency and security through an automatic program custody solution, without human intervention. At the same time, the system uses the MPC "off-exchange" custody mechanism to create a fair environment for all users.

🔥Profit: The project's profit comes from two sources:
🔥Consensus rewards and enforcement of staked ETH.
🔥Funding and arbitrage earned from delta hedging derivative positions.
🔥Delta hedging: Trading strategy that allows users to profit from the price difference of USDe in the market of $1 or more. The feature helps reduce the risk of price fluctuations, automatically adjusting to maintain delta positions (price correlation) with the underlying asset. Ethena uses delta hedging during the issuance of USDe to ensure stablecoin stability.
Features of Ethena
🔥Buy USDe without permission: Investors use off-chain AMM pools to buy or sell USDe with collateral such as USDT or USDC.

🔥Direct USDe generation: Participants deposit stETH as collateral and receive USDe. Accounts need to pass KYC/KYB (identity verification) checks from partners to be approved.
🔥Exchange USDe directly: Users send USDe to receive stETH for KYC/KYB accounts.
🔥Stake and unstake USDe: Those on the authorized list will receive a portion of the generated yield.

Investors and partners
After a fundraising round in February valued at $14 million USD, Ethena's total investment has now reached $20 million USD. Several renowned investors have participated in the project, including Binance Labs, PayPal, Gemini, OKX, Bybit, Huobi, BitMEX, and Deribit. The project's valuation is currently at $300 million USD.
In addition, Ethena has partnerships with Dragonfly, Franklin Templeton, Fidelity, Mirana…
Ethena introduces two new concepts: USDe and internet bonds. The project provides blockchain transparency with many utilities to meet the diverse needs of users. With a TVL of $539,600,000, Ethena promises future development potential. However, investors need to research carefully before deciding to join the platform.
💪 I'll repeat for me every Project on Binance Launchpool will do extremely good middle and long-term so expecting the same for ETHENA!
HOW TO FARM
👉Stake BNB to farm Ethena:
https://launchpad.binance.com/en/launchpool/ENA_BNB
👉Stake FDUSD to farm Ethena:
https://launchpad.binance.com/en/launchpool/ENA_FDUSD
#ENALAUNCHPOOL
that's amazing 👏🏻
that's amazing 👏🏻
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Once in a Lifetime Deal - ETHFI Farming on Binance Launchpool
Yoo Folks, more and more people stake their $BNB or $FDUSD and farming #ETHFI
Let's get deeper into #ETHFI and get to understand what's about!
What is EtherFi?
🔥 EtherFi is a decentralized liquid staking platform, enabling users to stake ETH to support node operators and receive rewards.

👉EtherFi is a decentralized liquid staking platform that allows users to stake ETH to support node operators and receive rewards. Notably, etherFi creates a unique Non-Fungible Token (NFT) for each validator created during the staking process.
👉These NFTs possess the distinctive characteristics of each validator and allow for the storage of metadata. Thanks to this metadata, developers can build a more advanced staking infrastructure in the future.
How EtherFi works?

👉The etherFi protocol consists of a service layer, which can serve as a platform for building other services. By providing a platform for developers to build on, etherFi aims to promote innovation within the staking ecosystem.
👉Moreover, stakers and node operators can access various services built on the staking infrastructure. As new services emerge, participants in the etherFi protocol stand to benefit from the growth and expansion of the ecosystem.
👉The etherFi project operates on the principles of decentralization and autonomy. They establish a network of reliable nodes without relying on intermediary organizations, improving system security and encouraging decentralization.
👉The etherFi protocol provides a service layer, creating conditions for the development of new services. This encourages innovation in the staking field and promotes the development of new useful applications.
👉Users of etherFi can access various services built on the staking platform. With the emergence of new services, etherFi users will benefit from the development and expansion of the ecosystem.
Highlights of etherFi

1.Native Restaking: Allows users to receive better rewards, as their ETH earns income from staking and additional income from restaking through Eigenlayer.
2.Decentralization: etherFi implements Operation Solo Staker, enhancing Ethereum’s decentralization by deploying nodes in geographically diverse locations.
3.Security and Risk Mitigation: etherFi is the only protocol where stakers control the keys, minimizing risks associated with third-party node operators and protocols.
4.Robust Development Ecosystem: eETH is designed for use in DeFi. etherFi collaborates with various DeFi protocols to enhance the utility of eETH.
Token Overview and ETHFI Launchpool Details:

👉Token Name: ether.fi (ETHFI)
👉Max Token Supply: 1,000,000,000 ETHFI
..............
🔥Launchpool Token Rewards: 20,000,000 ETHFI (2% of max token supply)
🔥Initial Circulating Supply: 115,200,000 ETHFI (11.52% of max token supply)
🔥Smart Contract Details: Ethereum
🔥Staking Terms: KYC required
🔥Hourly Hard Cap per User:
🔥16,666.66 ETHFI in BNB pool
🔥4,166.66 ETHFI in FDUSD pool
Development Team
Mike Silagadze (Founder, CEO): Mike has been investing in cryptocurrency since 2010 and previously founded Top Hat. He holds a Bachelor’s degree from the University of Waterloo.
Chuck Morris (VP, Chief Engineer): Chuck has built and led engineering teams for over a decade. He holds a Master’s in Computer Science from the University of Chicago.
Rok Kopp (Director of Customer Success): With over a decade of experience in sales and marketing for startups, Rok holds a Bachelor’s degree from the University of Notre Dame.
Investors and Partners

Roadmap
👉Achieved:
🔥August 2023: Integration phase of Solo Node Operator – Phase 1
🔥Integration phase of DVT – Phase 1
🔥October 2023: Open source smart contracts
🔥November 2023: Launch of eETH
👉In Progress:
🔥April 2024: DVT integration phase 2, DAO Governance & TGE
Farming Details
👉 Stake $BNB
https://launchpad.binance.com/en/launchpool/ETHFI_BNB
👉 Stake $FDUSD
https://launchpad.binance.com/en/launchpool/ETHFI_FDUSD
Prpject Socials and Important links:
👉Website: https://www.ether.fi/
👉X: https://twitter.com/ether_fi
👉Discord: https://discord.com/invite/zqGzcuQWvD
👉Telegram: https://t.me/+C3fpSjmPqzA5NTVh
👉Medium: https://medium.com/etherfi
#ETHFILAUNCHPOOL
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Less than 2 days to Farm AEVO! LFG 🔥
Hey Folks, Tik Tok, Tik Tok, time is ticking. So far #AEVO. Farming is on fire and you have less than 4 hours to farm some. With $BNB over $500 now don't miss the Opportunity to stake yours and get some juicy Rewards for it.
Let's go again briefly about everything you need to know about #AEVO.
1. What is #AEVO.
I've made it simple for you. Just look at the below picture and you will find everything you need to know:

I love what Aevo are building. Their DEX works super smoothly and fast. Never got any issues using it!
2. #AEVO. #AEVO. personally for me. Oh well, Folks, I am pretty bullish on every single Project on Binance Launchpool. Same with #AEVO.
It was trading OTC around $0.25 - $0.30 and I am expecting atleast 10x on Listing and of course long term with the current Bull Cycle there is no limits where we can go but definitely patience always pays off in Crypto so the key for success is to hold!
3. How to Farm 🚜
Well that's the easiest thing out there. Less than 48 hours to do it in 2 different ways!
🔥 Stake your $BNB and farm:
https://launchpad.binance.com/en/launchpool/AEVO_BNB
🔥 Stake your $FDUSD and farm:
https://launchpad.binance.com/en/launchpool/AEVO_FDUSD
AEVO Socials:
👉 Website: https://www.aevo.xyz/
👉 Whitepaper: https://docs.aevo.xyz/aevo-exchange/introduction
👉 X: https://twitter.com/aevoxyz
👉 Discord: https://discord.com/invite/aevo
👉 Medium: https://aevo.mirror.xyz/
Happy Farming 🚜🚜🚜
#AEVOLAUNCHPOOL
bullish 🔥🚀
bullish 🔥🚀
LIVE
Crypto Revolution Masters
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Watch my video for everything AEVO - From how to farm it on Binance Launchpool to how to use AEVO DEX. And dont forget I am pretty bullish on whats coming from AEVO Team! #AEVOLAUNCHPOOL
Watch my video for everything AEVO - From how to farm it on Binance Launchpool to how to use AEVO DEX. And dont forget I am pretty bullish on whats coming from AEVO Team! #AEVOLAUNCHPOOL
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