On February 14, #BNBChain released its 2023 technical roadmap, outlining key initiatives to complete by year-end. The four main sections they will develop are:

Scalability

Decentralization

Security

Mass Adoption Infra



1. Scalability

The first step to improve BNB's scalability is to increase the Block Gas limit.

Gas is the measure of computing required to conduct a transaction. This means that the higher the gas limit per block, the more transactions can be carried out for each block.

In 2022, the gas limit was increased from 80M to 140M, which enabled up to 2,000 transactions per second (TPS).

For 2023, BNB plans to increase the gas limit to 300M, which will increase the TPS to 5,000.

#ParallelEVM is the next step to increase BNB's scalability.

Parallel EVM is an extension to the EVM that enables multiple instructions to be executed in parallel, increasing the network's performance.

BSC Client, Fast Node, Erigon Client, Fast Finality, #BNB sidechain, #zkBNB , and #opBNB are also solutions to Scalability.

We'll cover more on zkBNB & opBNB, as these should be more interesting for you guys at the moment.

BNB Chain is about to integrate both optimistic rollups and ZK-rollups. There's no BNB optimistic rollup development at the moment, but its launch can add more value to the network.

Nevertheless, zkBNB has been in testnet since September 11 and can be launched in H1 2023.

zkBNB aims to scale transactions for cases such as NFT transactions.

The similarities between BNB Chain's and Ethereum's EVM can help Ethereum zkEVM teams to port their scaling solution to BNB Chain.



2. Decentralization

In this section, we will be discussing BNB Greenfield, a decentralized data economy, and their efforts towards further decentralization.

Decentralized storage is one of the use cases for the blockchain industry, and BNB Greenfield is also known for being a decentralized storage network.



BNB Greenfield will be employing a separate Proof-of-Stake blockchain and will use $BNB for staking, transactions, and governance.

Validators on the network will have the ability to host transaction metadata and pull user data requests from storage providers via the BNB Chain and BNB Greenfield bridge.

Storage providers (SPs) are independent entities where raw data is hosted. They can also register with BNB Greenfield by staking BNB.

Currently, the number of SPs is unknown. However, top competitor @Filecoin has experienced a 300% increase in their number of SPs, reaching 3,030 in 2022.

BNB has its own advantages as it can integrate with BNB Chain & EVM-compatibility.

Interoperability is always important for dApps. If more storage-heavy products appear on BNB, BNB Greenfield could become increasingly important.

Furthermore, the BNB token will also have higher utility.

Other attempts to achieve further decentralization include:

Increasing the number of validator operators

Implementing more consensus mechanisms

Expanding on-chain governance

Currently, there are 29 active validators in 2022, and the plan is to expand the total to 150 with 100 active validators.

By introducing more consensus mechanisms, decentralization can be further expanded by not having to rely on a single algorithm.

This will distribute power and influence more evenly across the network, while decreasing the ability of one group of users to control it.

On-chain governance has been proven to be a way to empower decentralization.

This helps validators to have a stronger voice in the voting, decision-making, direction, and operation of the network.

3. Security



Avenger DAO was created to enhance the security of the BNB Chain and protect users from financial losses and malicious contracts. It was launched in September 2022 and offers three main features:

Meter: provides a passive API that reviews statistics to ensure the safety of unknown smart contracts that users want to interact with.

Watch: sends users alerts about the protocols they interact with.

Vault: offers an escrow fund feature that locks users' funds with safety conditions.



4. Mass Adoption Infrastructure

This is their final approach in the technical roadmap. BNB Chain aims to maintain its infrastructure to support users and has identified several features to achieve this, including account abstraction, on-chain attestation and messaging, gaming SDKs, and more.

Real yield projects' TVL has reached $2.3 billion, but it's hard to know where to invest.

Let's cut through the noise: here's what you need to know about Real Yield, and the 10 best projects.

1/ What is Real Yield?

Real Yield is the yield generated from the revenue of a protocol, independent of the yield generated from token inflation. This creates a sustainable token economy based solely on revenue.

2/ How Real Yield works in DeFi?

Real Yield operates like stock dividends, with investors receiving a portion of profits generated by the protocol. To ensure Real Yield, protocols must generate profits, with a portion of those profits going to users who have staked their tokens.

3/ I have listed my 10 picks, which consist of protocols from high TVL to low TVL:



$GMX

$LQTY

$SNX

$RDNT

$GNS

$VELA

$PENDLE

$IPOR

$DPX

$WINR

The best Arbitrum projects to accumulate in this dip:

This is a data-driven report which aims to compare the following projects by their key metrics:

• GMX

• GNS

• Radiant

I feel like all those projects are great, but which of those is the best?

Metrics used to compare these projects:

Marketcap & Fully Diluted Valuation

Total Value Locked

Fee's & Protocol Revenue

Daily Active Users

All of those performance indicators will be divided by market cap. What do you feel is the most important metric?

Fully Diluted Valuation vs. Marketcap:

• GMX - Ratio = 1,53

• GNS - Ratio = 1

• Radiant - Ratio = 3,85

GNS is the clear winner in this metric. I'm honestly quite surprised that GNS has all of its tokens in circulation.

Total Value Locked vs. Marketcap:

GMX - Ratio = 1,06

GNS - Ratio = 0,29

Radiant - Ratio = 2,13

Radiant has the highest value locked compared to its market cap.

Projects that have higher FDV tend to have more Total value locked (Yield due to Emissions).

Fully Diluted Marketcap vs. Protocol Fees (annualized):

GMX - Ratio = 4,35

GNS - Ratio = 7,31

Radiant - Ratio = 16,30

GMX has the most protocol revenue compared to its fully diluted valuation.

Check token unlocks if you feel like the market cap is the better metric.

Marketcap vs. Protocol Earnings (Q1 2023):

GMX - Ratio = 71,13

GNS - Ratio = 32,46

Radiant - Ratio = 95,14

GNS has the highest earnings compared to the market cap.

Over $5m have been generated while paying out $0 in token incentives.

Marketcap vs. Daily Active Users:

GMX - Ratio = 324

GNS - Ratio = 409

Radiant - Ratio = 95

Radiant has by far the most active users compared to the market cap.

I'd be interested in the number of users that are borrowing money vs. people farming yield.

🚀 Is Open Campus the next x100 project after $SAND?

Backed by @animocabrands, this #Binance Launchpad project has been making waves in the crypto world. #askbinancesensei

With similarities to the successful $SAND project, could Open Campus be the next big thing in crypto?

• The website was established on 17/3, which is only a month ago.

• The Twitter account was created a mere 20 days ago.

• One question that comes to mind is how did a new project like this gain #Binance's attention and manage to get launched on #Binance Launchpad?

• The team is continuously announcing partnerships with major projects within only 20 days of creating their Twitter account.

✅ With a partner lineup like this, it is clear that Open Campus is a project that already has significant potential.

It's worth noting that TinyTap, the primary partner of Open Campus, is:

• Founded in 2012

• Recently raised $8.5M, with a total funding of over $17M

• Has generated over $17M in revenue between 2019 and 2022

• Has a large user community

❓ Animoca Brands acquired TinyTap in 2022 to develop blockchain-based education, which makes it highly probable that TinyTap is involved in the development of Open Campus. Why ?

I believe that @animocabrands is developing Open Campus as the blockchain version of TinyTap. This belief is supported by several points:

• Animoca Brands has previously mentioned using TinyTap's model to create a Blockchain project.

• The current business model of Open Campus is very similar to what Animoca Brands published in 2022.

• Binance provides information about the TinyTap team instead of Open Campus on the new launchpad article, and Open Campus's tweet only introduces the core team of TinyTap. These facts suggest that both projects share the same development team.

• TinyTap's CEO bio also implicitly confirms this.

• TinyTap also uses the token $EDU

🔥 Based on this information, it is quite certain that Animoca Brands is the main supporter behind the Open Campus project, which has been built since 2022.

This scenario is similar to that of the $SAND project, which experienced a x100 increase in value.

Previously, $SAND was a mobile game acquired by Animoca Brands and turned into a blockchain game.

Similarly, TinyTap (@Opencampus_xyz) was acquired in 2022 and will be launched on Binance in 2023.

It remains to be seen what trend will emerge next in the crypto world, but Binance has a reputation for excellent timing with its launchpad projects.

For example, during the Trend #GameFi /#Metaverse period in 2021, #Binance listed $SAND and $AXS a year earlier.

Recently, Binance listed $EDU and $HOOK , two projects with similar features related to #SocialFi/#Education.

✅ In summary, if Open Campus follows the case of The Sandbox with the intrinsic values of the project, it has the potential to boom like $SAND. 🔥 With revenue and a large community of users, along with the support of other large backers such as Sequoia and the vision of Animoca Brands, Open Campus is positioned for success.

Identifying the return of capital flow can be challenging, but it is crucial in positioning ourselves for profit. Recognizing the following signs can help us receive the capital flow.

I. Signs in Terms of News

1. Early Stage

This is the stage where investors prepare to accumulate stocks, so the news tends to be negative. Only market makers and experienced investors know exactly what to expect. This stage is usually a psychological game, designed to put pressure on small investors.

There will be negative news to clear out stocks in the last phase in preparation for the new bull run season.

There are many cases of fear, uncertainty, and doubt (FUD) related to hacking, where tens or even hundreds of millions of dollars are lost. Sometimes, the truth is that the dev team themselves hack their own project, raising suspicion.

A series of large and small crypto trading platforms go bankrupt or even become insolvent.

This stage is challenging in terms of trust and psychology, as negative news is pumped out by experienced investors to create a sense of frustration and loss of trust for the crowd in the market.

Additionally, macroeconomic and economic situations tend to be unfavorable, such as the Fed raising interest rates. BTC has not gone through an economic crisis, so this time could be different.

Most inexperienced Key Opinion Leaders (KOLs) will predict a bearish market, or they may be hired by experienced investors to do so.

Some KOLs have a "reverse signal," indicating that BTC is extremely bad, and they sell all BTC to avoid deeper losses.

Experienced investors and bookmakers, when they have enough stocks, will start to pump positive news back.

2. Middle Stage

This stage is characterized by suspicion among investors who believe they have joined too late. They see that prices are extremely high, so they hesitate to invest. However, prices continue to rise.

The media is starting to talk about the return of BTC and crypto, but people are still skeptical due to the rising prices.

The economic situation is improving, with countries' economies and especially the financial situation in the US starting to recover, and stimulus packages being released.

Influential investors, known as sharks, begin to spread news through the media or price movements to attract smaller investors with new technology concepts such as Defi, NFT, and Web3, which sound futuristic.

There will be a clear separation between trends, with KOLs (Key Opinion Leaders) predicting increases on one side and predicting a bulltrap bounce on the other.

At this point, the price and news begin to move in opposite directions to mislead inexperienced small investors.

IDO, Launchad, and Launchpad bets will multiply dozens of times to attract new people.

Trends such as "move to earn" and "play to earn" will attract capital flow.

3. Final Stage

This is the final and most exciting stage where small investors continue to buy while big players continuously sell, and sharks close their bull traps to take profits.

Experts on social media platforms like Twitter and Facebook are promoting their analytical skills because in an uptrend, they can predict which coins will rise. They start offering expensive courses with the philosophy "buy expensive, sell expensive," and if you make a profit, it's good luck.

People who previously talked about crypto in a downtrend have disappeared until now when they return to the market.

BTC and crypto are being discussed on social media platforms, even by non-financial people and newcomers. Signal groups are getting more crowded.

Newcomers continuously show off their profits and achievements, even though they don't understand crypto.

Many projects, including MLM or non-MLM, keep popping up like mushrooms to lure newbies.

Famous KOLs will tweet continuously about the potential of the market and the future of the crypto finance industry.

The media constantly talks about BTC, and everyone is discussing it. The media praises crypto as the future of this technology or that technology, but this news could be pumped out by sharks to lure newbies when they are ready to exit.

Some "spiritual" factors like XRP, EOS, and LTC will skyrocket, and then the market will drop. You may not know that BTC crashed a few days after EOS reached its ATH in May last year.

Shi* coins and Memecoins usually soar at the end of the season, so be careful if you see this sign because low-cap shi* coins are often speculative money, so seasoned traders in the crypto market usually speculate at this stage because they have already sold all their coins.

II. Technical Indicators

1. Initial Stage

This is the phase where BTC price charts and onchain indicators signal a potential bottom, but this information may not be readily available to everyone. It's important to be wary of bulltraps and beartraps during this near-end of the downtrend.

Onchain teams, like us, can use stablecoins being pushed onto the market to catch the bottom as an indicator. Alternatively, you can visit websites such as Glassnode and Cryptoquant to view them, but self-analysis can be challenging. It's best to consult with our group if you're not confident.

Classic bottoming patterns and strong pinbar candlestick patterns will appear on the technical analysis chart.

Whales stop selling BTC and start accumulating slowly, with long-term holder indicators starting to rise.

The hashrate decreases sharply as the market goes down, with miners shutting down their machines because the cost of mining BTC is not enough to cover their losses.

Trading volume is mostly from traders and is much higher than in the uptrend, partly due to whales taking profits and partly due to stop-losses.

BTC.D and USDT.D increase due to a lot of money flowing into BTC, and these indicators show signs of peaking because some people in the market are selling for fiat or stablecoins to wait for a bottom.

Liquidity during this period is extremely low or even non-existent.

This period is the accumulation phase for large players, leading to a shock in the BTC supply on exchanges.

OTC trading is very active, but it can be difficult for retail investors to access this information unless they have an alpha leak.

2. Intermediate Stage

This stage focuses on psychological testing, where psychological games are the primary focus. It is important to note that this stage could be a bulltrap or a real uptrend, and only the sharks know. If it is a real uptrend, the following signs may appear:

The BTC price chart will continuously rise for months, surpassing resistance levels with new highs higher than previous highs and new lows higher than previous lows. If you learn the Elliott wave, you will understand this better.

Onchain data about BTC is quite positive as long-term holders begin to stop selling and accumulate BTC.

The BTC hashrate index is increasing day by day due to active miners in this stage.

Technical analysis indicators are increasingly positive because if a real uptrend season happens, technical analysis, news, and price movements will all agree with each other.

Money flow in this stage is investment money because this is an uptrend stage where smart investors have already realized it.

The amount of new stablecoins printed keeps increasing by billions of dollars each time.

In the early and intermediate stages, the holder has the advantage, but in the intermediate and final stage, the trader has the advantage. Be cautious in the last season of the uptrend.

Trading volume is increasing day by day, but it cannot be compared to the volume during a downtrend.

BTC.D indicators decrease, USDT.D starts to turn around, pouring capital into altcoins.

TVL of ecosystems starts to grow strongly again, which can be checked on defilama.

The market cap starts to gradually increase, breaking through resistance levels one by one.

3. Final Stage

This stage is quite chaotic, but technical indicators are more important than news. At this time, news is good, but technically it is very bad, so be careful.

Signs of BTC peak divergence appear in the weekly chart, and bearish candlestick patterns begin to form.

The amount of BTC on exchanges is very high, and liquidity is quite good for sharks to sell.

Trading volume begins to decrease compared to the beginning and intermediate stages because most of this volume is fomo volume or shark volume.

Money flow starts to stagnate with no new money flowing into the market.

Indicators such as USDT.D and BTC.D hit bottom and meet extremely strong support levels.

III. Preparation for Different Stages

1. First Stage

This stage is often unfamiliar to small investors. However, there are a few ways to approach it:

Build your assets and gradually choose and DCA coins to prepare for the upcoming season.

Try to participate in the market, but keep your money safe.

Pay attention to whether news and technical aspects are starting to agree with each other. If so, it may be a good time to start.

Check for new developments on Binance, as CZ often creates trends that pull back the market.

In summary, this stage may also be a bull trap, so it's better to hold onto your money than make potential investments.

2. Middle Stage

If the BTC price continues to rise sharply and is on the third wave according to Elliot's theory, and good news is continuously released, this is the time when newbies should be cautious, while experienced people should actively participate in the market.

Most altcoins are skyrocketing during this stage. Hold onto them and don't jump in and out, or you might lose money like playing futures.

Wait for corrections to increase the amount of coins/tokens held, which is called DCA price increase.

3. Final Stage

This is the stage where sharks sell off and small fish experience the most FOMO.

Check whether KOLs have sold their holdings. If you lack experience, listen to their advice, but still make the right decision suitable for your own capital.

Observe the market from the outside, because while making money and preserving capital in the crypto market is easy, conserving capital is extremely difficult.

Participate in shi* coin and memecoin bets, which tend to increase during this stage, but pay attention to the pump rhythm and don't miss the chance to sell at the right time.

IV. Conclusion

Through my participation in the market, I've seen not only knowledge but also psychological games being played by sharks. Sharks and exchange owners are afraid of investors who make a profit once and come back for more. However, human psychology is always greedy, so almost no one can make money once without coming back for the second or third time, and that's when the bookies empty their pockets. Although no uptrend repeats itself like the past, human psychology has not changed for thousands of years, so the market operates similarly but the methods are different. Through this article, I hope everyone can read and understand the signs and prepare well for the upcoming uptrend season.

#BitPay , a leading cryptocurrency payment gateway, has partnered with London-based fintech Ramp Network to offer users the option to purchase over 20 supported cryptocurrencies, including the meme-inspired token Shiba Inu ($SHIB). Through the collaboration, users can buy #SHIB and other cryptocurrencies using the Ramp Network checkout via the BitPay web or mobile application, with the added benefit of instant delivery for purchases made using fiat currencies.



BitPay's integration of the Ramp Network into its platform is part of the company's ongoing efforts to offer customers a diverse range of payment options. In the past, BitPay has formed partnerships with various payment providers, such as Simplex, Wyre, and MoonPay, to cater to its clientele's unique needs.



To buy $SHIB and other cryptocurrencies through BitPay, users can enter the platform's app or website and select the "buy crypto" option, which will give them access to a range of cryptocurrencies.



BitPay has also made headlines recently with its partnership with the world-renowned watchmaker Hublot, which now accepts SHIB as payment for its luxury timepieces. In 2021, BitPay added Apple Pay support for its cryptocurrency debit card.



Last year, Italian luxury fashion house Gucci started accepting cryptocurrency payments in several tokens, including Bitcoin ($BTC ), Ethereum ($ETH ), and $SHIB, through a BitPay partnership. That program later expanded to include tokens such as ApeCoin ($APE ).



BitPay's debit cards started supporting Shiba Inu back in December 2021. BitPay is the world's oldest and most popular cryptocurrency payment processor for merchants and was established back in 2011.



As reported by CryptoGlobe, the burn rate of SHIB has recently skyrocketed over 30,00% in a 24-hour period after token project Koyo moved forward with a 1.49 billion SHIB burn as part of its plan to support the meme-inspired cryptocurrency.

Key Takeaways:



Arbitrum will distribute initial tokens to eligible DAOs in the ecosystem this week.

Today, the protocol will begin testing trading for those who publicly offer their treasury wallets.

This token distribution is not a grant, but it accounts for 1.13% of the initial token distribution.



Arbitrum to Release Initial Token Distribution to Eligible DAOs This Week



According to Arbitrum's official Twitter account, the platform will distribute initial tokens to eligible DAOs in the ecosystem this week. As stated in the Arbitrum Foundation documentation, a different distribution has been allocated for DAOs building applications in the ecosystem, and the Protocol Consortium, a collection of stakeholders, contributes Ethereum. The protocol works with Nansen and analyzes on-chain data to determine the number of tokens each DAO community will receive.



Currently, most of the DAOs have publicly confirmed their target addresses for receiving the ARB airdrop. Today, the protocol will begin testing transactions that publicly offer their vault wallets and will proceed with the full distribution this weekend. However, some DAOs have yet to provide their addresses, and their distribution will be delayed until addresses are given.



These tokens cannot be used to vote in any currently active snapshot proposal. This token distribution is not a grant, but it represents 1.13% of the initial token distribution.



This allocation does not come from the Arbitrum DAO treasury or the Foundation wallet. It is part of the initial airdrop token distribution, set aside until all DAO treasury wallets are collected and verified.



A points system was used to determine how many tokens an airdrop recipient could claim. The scoring criteria mainly focus on #Arbitrum One; however, a small set of standards apply to work on #Arbitrum Nova. Points earned on Arbitrum Nova can give the user up to 4 points or an extra point if they have scored four or more points on Arbitrum One. You earn up to one point for each qualifying action before the snapshot date. Scores are capped at 15.