All you need to know for RedStone. Pre-Market Listing on Binance - 28th of February
RedStone is a multi-chain oracle provider that aims to solve these problems. By offering customizable, cost-efficient, and secure data feeds, RedStone enables developers to build faster, more reliable decentralized applications (dApps). The protocol delivers real-time price data across over 70 blockchain networks, including both EVM and non-EVM chains, making it one of the most versatile oracle solutions available today. Binance has introduced RedStone (RED) as the 64th project on Binance Launchpool, giving users the chance to earn RED tokens for free by staking BNB, FDUSD, or USDC. Farming already ended, Pre-Market Listing will take place on 28th of February, 10 AM UTC Time What is RedStone? RedStone is a blockchain oracle provider that supplies decentralized applications (dApps) with accurate and frequently updated data feeds. Many blockchain-based platforms, such as decentralized exchanges (DEXs), lending protocols, and synthetic assets, rely on real-time price data to function correctly. If this data is delayed, incorrect, or manipulated, it can result in failed transactions, inaccurate pricing, and security risks. Unlike traditional oracle solutions, which can be expensive and slow, RedStone offers a more flexible and cost-efficient approach. It allows developers to customize data feeds to meet the specific needs of their applications, reducing unnecessary costs while maintaining security and reliability. RedStone currently provides data feeds across over 70 blockchain networks, covering both Ethereum Virtual Machine (EVM) and non-EVM chains. This multi-chain compatibility makes it a scalable solution for developers building across different blockchain ecosystems. How RedStone Works RedStone’s oracle network is designed with a modular architecture, which separates data collection from data delivery. This means that RedStone can efficiently provide real-time data feeds across multiple blockchains without needing to deploy entirely new infrastructure for each integration. The data provided by RedStone comes from a wide range of trusted sources, including: 👉Centralized exchanges (CEXs) such as Binance and Coinbase. 👉Decentralized exchanges (DEXs) like Uniswap and Sushiswap. 👉Price aggregators such as CoinMarketCap and CoinGecko. To ensure accuracy and security, RedStone processes all incoming data through multiple validation layers, including: 👉Anomaly detection to remove unusual price spikes. 👉Market depth analysis to confirm liquidity levels. 👉Cross-source variance checks to filter out inaccurate data. After validation, the data is signed and verified by independent node operators before being broadcasted to blockchain networks. This process guarantees that only accurate, tamper-proof data is delivered to smart contracts.
Security and Reliability Security is a top priority for RedStone. The protocol uses a decentralized network of node operators to verify price data before it reaches the blockchain. This reduces the risk of price manipulation and ensures that data remains accurate even in volatile market conditions. RedStone has also implemented several fail-safe mechanisms, including: 🔥Multiple independent nodes verifying every data feed. 🔥Built-in redundancy to prevent service failures. 🔥Regular security audits conducted by third-party experts. Since its launch, RedStone has maintained a perfect track record with zero mispricing incidents, making it a trusted oracle provider for top DeFi protocols. Why RedStone Stands Out RedStone brings several key improvements to blockchain oracle technology: 🔥Multi-Chain Compatibility – Works across EVM and non-EVM blockchains, making it accessible for a wider range of projects. 🔥Customizable Data Feeds – Developers can request specialized financial data, including Liquid Restaking Tokens (LRTs), Bitcoin DeFi (BTCFi), and Real-World Assets (RWA). 🔥Optimized for Cost Efficiency – Uses a modular design to reduce gas fees and improve transaction speed. 🔥High Security Standards – Consensus-based validation ensures tamper-proof data that dApps can rely on. RED Token Launch and Binance Pre-Market Trading After the Binance Launchpool farming period ends ( already happened by the time I write this post) RED tokens will enter Pre-Market trading on February 28, 2025, at 10:00 UTC. Binance Pre-Market is a special trading phase that allows users to buy and sell tokens before their official spot market listing. This feature provides early price discovery and liquidity for new tokens, giving traders an opportunity to enter the market before the broader public. However, participation in Binance Pre-Market is subject to eligibility based on the user’s country or region of residence. Upward Circuit Breaker Mechanism for RED Token To prevent extreme price volatility in the first 72 hours of trading, Binance has introduced an Upward Circuit Breaker Mechanism for the RED token launch. This system sets a maximum allowable price limit based on the initial opening price. The limits are as follows: 👉February 28, 10:00 UTC – March 1, 09:59 UTC → Maximum price limit: 200% of opening price 👉March 1, 10:00 UTC – March 2, 09:59 UTC → Maximum price limit: 300% of opening price 👉March 2, 10:00 UTC – March 3, 09:59 UTC → Maximum price limit: 400% of opening price 👉After March 3, 10:00 UTC → No price restrictions, normal trading resumes This mechanism helps create a fair trading environment, preventing price manipulation and protecting early investors from excessive volatility Why Binance Pre-Market Trading Matters Binance Pre-Market trading allows early access to RED tokens before they are fully listed on the spot market. This phase benefits traders by: Providing an opportunity to buy and sell before official spot listing. Helping set an early price range for the token. Allowing market participants to test liquidity and trading volume. Don't miss the opportunity to get involved in RedStone guys. I am pretty bullish on it! #BinanceLaunchpoolRED #RedStone
RedStone ( $RED ) - 64th Project on Binance Launchpool
Binance just announced its 64th project on its Launchpool platform: RedStone (RED) – a multi-chain oracle across EVM and non-EVM chains. Users will be able to lock their BNB, FDUSD, and USDC to receive RED airdrops over two days. Farming already started on February 26 at 00:-00 (UTC). RED Launchpool Details 🔥The total and maximum token supply will be 1 billion RED tokens. 🔥The Launchpool token rewards will be 40 million RED tokens, representing 4% of the total supply. 🔥The initial circulating supply at the Binance listing will be 280 million RED tokens, representing 28% of the total supply. 👉Binance will also be the first platform to list RED. RED Pre-Market Trading Details In its official announcement, the exchange revealed that Pre-Market trading will start on February 28 at 10:00 (UTC). Binance will open the Pre-Market trading with the RED/USDT trading pair. The Pre-Market end time and spot listing time will be announced later. The maximum holding limit per user will be 5,000 RED tokens. Users who are interested in trading RED but lack a Binance account can create one by registering on the platform. In its notes, the exchange also revealed the upward circuit breaker mechanism for the Pre-Market. Upward Circuit Breaker Mechanism for Binance Pre-Market Details Binance introduces enhanced features for Pre-Market to innovate and enhance user trading experience on the platform. The upcoming upward circuit breaker mechanism will limit the maximum trading price to a certain percentage of the initial opening price for the first 74 hours of Pre-Market trading. After this, there will be no price restrictions, with trading resuming normally. This new mechanism will be trialed for the new RED token launch and Binance will decide if this will remain an ongoing feature for the Pre-Market. Upward Circuit Breaker Rules Binance also listed the key rules for this new feature: Between February 28 at 10:00 (UTC) and March 1, at 9:59 (UTC) the maximum allowable price limit is 200% of the initial opening price. Between March 1, at 10:00 (UTC) and March 2, at 9:59 (UTC) the maximum allowable price limit will be 300% of the initial opening price. Between March 2, at 10:00 (UTC) and March 3, at 9:59 (UTC) the maximum allowable price limit will rise to 400% of the initial opening price. After March 3, at 10:00 (UTC), there will be no more restrictions for the Pre-Market. Introduction to RedStone (RED) Data is stored on Arweave, and nodes provide data to DeFi projects through EVM-Connector in the form of a decentralized public cache when needed to ensure data integrity and security. To ensure data integrity, data providers need to stake RedStone tokens as collateral to ensure that they can continue to operate and provide high-quality data. RedStone's modular design is able to push and pull oracle data services to multiple EVM and non-EVM ecosystems, Rollups, and various application chains. The main function of a blockchain oracle is to provide real-world data to smart contracts, ensuring that smart contracts can make decisions based on the latest external information when executing. The advantage of a modular oracle is that its components can be updated or replaced independently, ensuring scalability and integration on different blockchains. Multi-Chain Data RedStone's modular architecture separates data collection from data delivery, creating a flexible system that scales efficiently across blockchain networks. This design allows the same price feed to be deployed to any supported chain without modifying the core data provider infrastructure. By eliminating the need to deploy new nodes for each integration, RedStone achieves faster and more cost-effective scaling while maintaining consistent security standards across all networks. This architectural approach has proven to be very successful, enabling RedStone to expand its services to over 70 different blockchain networks while ensuring reliable price data delivery and maintaining the same stringent security measures across all integrations.
RED Designed as a utility token with an innovative value accrual mechanism, introducing the first truly sustainable oracle economics. Leveraging RedStone’s EigenLayer Active Validation Service (AVS), RED staking adds a layer of solid economic security to RedStone’s oracle stack, leveraging staked RED tokens and potentially the billions of dollars staked in EigenLayer for additional security. RED can be staked by both data providers (who provide data to RedStone’s modular oracle network) and token holders (who enhance network security by staking directly in RedStone AVS). RED stakers will receive rewards from RedStone data users across hundreds of blockchains, paid in widely adopted assets such as ETH, BTC, SOL, and USDC.
RED has a maximum supply of 1,000,000,000 (billion) tokens, with an initial circulation of 30%. RED is an ERC-20 token implemented on the Ethereum mainnet and will be used on Solana, Base, and other networks through the Wormhole native token transfer standard after the token generation event. Almost half of the RED tokens (48.3%) will be allocated to the RedStone ecosystem and community, specifically to the following categories: Community & Genesis, Ecosystem & Data Providers, and Protocol Development. How to earn RED tokens on Binance Launchpool Please keep in mind that only users who complete an identity verification process with Binance are eligible to participate in RED token farming on Binance Launchpool. Once your account is ready, you’ll need some BNB, FDUSD or USDC tokens to stake. If you already own these tokens, you can deposit some to your Binance account. Otherwise, Binance offers plenty of ways to buy them with crypto or fiat.
After your account is verified and loaded with BNB, FDUSD or USDC, go to the menu on the top side of the Binance interface and select "More." Then, go to "Launchpool." Then, find the available farming pools. Depending on which tokens you want to stake, select the BNB, FDUSD or USDC. Then, follow the instructions provided by the exchange.
As a final note, here’s a quick breakdown of key dates and information about the RedStone Launchpool campaign:
RedStone is a modular blockchain oracle delivering reliable price feeds for emerging DeFi assets, including LSTs, LRTs, and Bitcoin Liquid Staking tokens. Their gas-efficient data feeds span 70+ chains and rollups, securing over $6 billion in TVL. Trusted by over 100 projects, including Morpho, Venus, and Pendle, RedStone’s Push & Pull oracle models serve both established protocols and innovative DeFi projects pushing the boundaries of financial innovation. #BinanceLaunchpoolRED #RED
Cartesi - The Simple Way to Build in Web3. Updates!
Cartesi emerges as a Layer 2 scaling solution that streamlines decentralized application (dApp) deployment on every blockchain platform from Ethereum to Injective Protocol. It has tackled some of the biggest challenges in the industry by bridging on-chain and off-chain spaces in seamless harmony. Additionally, it opens doors to smart contract development through popular programming languages like Python by presenting a platform that runs across several blockchain networks. The Cartesi Machine The off-chain computing platform of the Cartesi Machine runs on RISC-V virtual technology in a Linux environment. Its importance is evident in several aspects: it proves to be cost-effective by decoupling computations from blockchain, hence minimizing gas fees; The Cartesi machine also: 👉maintains security through a dispute resolution mechanism that makes off-chain results on-chain verifiable; 👉showcases versatility by working on popular programming languages, thus bridging traditional software development to blockchain technology to create potential breakthroughs in areas like games, finance, AI, and data analysis. The Machine is constantly improved. This makes it compatible with other blockchain networks to secure its place in decentralized computing. Building on Cartesi Cartesi has a full set of traditional development toolchains, libraries, and languages to make it a general-purpose platform. This versatility supports all manner of varied projects: DeFi One example is DCA Monster which makes use of ERC20 streaming to implement dollar cost averages on-chain with its deployment on mainnet scheduled for 2025. Gaming A good example is RIVES. It is a next-generation gaming console that makes gameplay of games like DOOM or Nintendo titles provable. Players get to post their experiences on social networks and sell them as non-fungible tokens (NFTs). AI Its backward compatibility with popular AI libraries positions it uniquely to include AI provability so that it is future-ready in the fast-changing environment of AI. CTSI Token Utility CTSI is used as the utility token that drives the ecosystem of Cartesi. Its chief responsibilities include: 🔥Crypto-Fuel 🔥Powering protocols such as Noether. 🔥Staking and Rewards: 🔥It allows users to stake to receive rewards and contribute to network governance. 🔥Transaction Charges 🔥Serving as the medium of charge for inserting data on the side-chain. 🔥Smart Contract Execution 🔥Used in Descartes Rollups to make decentralized applications offload secure and provable computations to offload to other computers. Cartesi x EigenLayer The partnership of EigenLayer with Cartesi was in focus at a seven-day hackathon that was part of Cartesi’s Experiment Week. They plan to improve security and scalability by unifying EigenLayer’s restaking protocol with that of Coprocessor from Cartesi based on Linux. They further plan to drive innovation that would give birth to next-generation DeFi and verifiable AI applications as their developers push new technology hybrids while aiming to advance existing infrastructure. Through this strategic partnership, Cartesi reiterates its commitment to building a solid and innovative ecosystem at the forefront of addressing challenges and grabbing prospects in the blockchain space. @Cartesi #Cartesi $CTSI
Travala (AVA): Overview and the SMART Loyalty Program
If you love traveling, then Travala (AVA) is made for you. Chances are, you’ve already used a comparison website in your travels. With it, you can easily compare various accommodations and flights. This feature is invaluable as it lets you quickly identify the most affordable or best choice. Travala is an Online Travel Agency (OTA). Although the site is like a travel and hotel comparison site, it differs because it has a fully decentralized model with a big focus on cryptocurrencies. After all, Travala is blockchain-based. This forward-thinking design lets you pay for flights and accommodations — be it a hotel room or an apartment — using cryptocurrency. On Travala.com, payments are made in over 30 various cryptocurrencies, including its token, AVA The AVA token The AVA is of tremendous value to the platform. As soon as you use your AVA tokens to purchase an airline ticket or book a room in a hotel, you become part of the reward scheme free of charge. With an enormous 40% discount, significant savings become a reality. With it, you can earn free stays, free trips, and free upgrades—all for no additional cost. Incontestably, discounts offered through such a reward scheme have significant worth. It is well-documented that Travala has many competitors, most of whom are based in a centralized system. As such, they need to differentiate themselves from these competitors—a feat that cannot be achieved by simply accepting cryptocurrency payments. What can you use Travala (AVA) for? Travala provides a platform through which you can book accommodations and flights and pay in cryptocurrencies. In the past, bookings have been settled in traditional fiat currency via platforms such as Booking.com, Expedia, and TripAdvisor. With a growing number of people having adopted cryptocurrencies, many of them desire to include them in payments. That is when Travala comes into the picture. Travala has transparent pricing and reduced service fees, an added benefit in part owed to its well-thought-out reward scheme. What's more, Travala's decentralized nature helps in its competitive advantage. Centralized big companies, in contrast, have high service fees with no transparency about such fee payments. SMART Program: Travala's loyalty program As a traveler, you have no choice but to pay such fees. Travala doesn't include such hidden fees in its pricing. They explicitly state why such fees are added and how and when they apply them. However, such fees are much less in comparison with big central platforms' charges. Of course, Travala also benefits owners of hotels. Usually, owners receive less in terms of earnings when a reservation comes through an intermediary, but with Travala, the fee is much less. How to become part of AVA’s SMART loyalty program To become a part of its rich scheme, first, register an account with Travala through its website. Registration is free and simple. Once your account is in place, an immediate 10% discount will apply to your bookings. Booking will require the use of cryptocurrency, but through your Travala wallet, your affairs will run smoothly. With your coins in your wallet, an additional 5% discount will apply through SMART's reward scheme to your bookings. How many coins you have will have a direct bearing on SMART's additional discount through its reward scheme. Here are other perks that Travala’s SMART loyalty program can provide 👉Earn up to 10% in cashback: Get up to 10% back in AVA, Bitcoin, or Travel Credits on bookings made after your trip. 👉AVA Smart Bonus: Meeting quarterly requirements can result in up to 20% additional AVA tokens per year for your locked AVA. 👉Access the Open Passport to collect NFT stamps and badges for completed travels. 👉Access 1,300+ airport lounges worldwide with 4 complimentary passes annually. 👉Up to 5% discount: Up to 5% off advertised travel prices at the time of booking. 👉Claim the Ambassador Bonus. Every quarter, completing Contributor Tasks earns you Travel Credit rewards. 👉Own a unique Travel Tiger avatar as a limited generative NFT for online display. 👉Concierge Access: Access to the Concierge.io service for bookings valued at over US$20,000 👉Up to 3% AVA payment discount: When booking in full using the AVA token, you can receive up to an additional 3% discount on the overall price. 👉Participate in airdrops for early-stage token partner initiatives. 👉Travel Drops offers unique, one-of-a-kind travel experiences. 👉Marriott Bonvoy Points: Earn Marriott Bonvoy points for Marriott hotel bookings over US$1,000 through Concierge. #AVA #TravelTigerNFT @AVA Foundation @Travala.com
How to get the maximum from Binance Hodler Program and Overview of Berachain - The 7th Project on it
What Is Berachain? Berachain is a high-performance, EVM-identical Layer 1 blockchain that integrates Ethereum’s smart contract functionality with Proof-of-Liquidity (PoL) consensus model. Designed to enhance liquidity, security, and decentralized finance (DeFi) applications, Berachain provides a developer-friendly environment while optimizing blockchain economics. Built using BeaconKit, Berachain utilizes the CometBFT consensus algorithm to achieve single-slot finality, enabling faster transactions and enhanced scalability. The PoL model ensures that network participants—validators, liquidity providers, and dApps—are economically aligned to maximize rewards and secure the network efficiently. How Berachain Works 1. Proof-of-Liquidity (PoL) – A New Consensus Model Berachain replaces traditional staking with Proof-of-Liquidity, a mechanism that integrates validators, users, and DeFi protocols into a unified incentive model. Validators must stake BERA and direct BGT emissions to liquidity providers in Reward Vaults, creating a self-sustaining liquidity cycle. Key benefits of PoL: 👉 Validators must align with DeFi protocols and liquidity providers to maximize rewards. 👉 Liquidity providers earn BGT rewards, ensuring deeper liquidity across the ecosystem. 👉 Protocols compete for validator emissions, increasing user participation in DeFi. 2. EVM Compatibility – Easy Migration for Developers Berachain is fully compatible with Ethereum, meaning that developers can seamlessly deploy smart contracts, decentralized applications (dApps), and existing DeFi protocols without modification. This reduces migration friction for projects looking to expand from Ethereum or other EVM chains. 3. BeaconKit & CometBFT – Faster Transactions & Instant Finality Berachain uses BeaconKit, a modular consensus framework that integrates CometBFT, an advanced blockchain consensus mechanism. This setup allows Berachain to achieve single-slot finality, meaning transactions are confirmed instantly, instead of waiting for multiple blocks like on Ethereum. Berachain Network’s Tri-Token System Berachain operates on a unique tri-token economy, where each token has a specific role in network security, governance, and stable transactions. 1. BERA (Native Utility Token) 👉 Used to pay gas fees for transactions on the network. 👉 Staked by validators to secure the blockchain. 👉 Burned upon use, reducing circulating supply over time. 2. BGT (Bera Governance Token) 👉 Non-transferable, earned through Reward Vaults by participating in DeFi activities. 👉 Used for governance voting and influencing validator emissions. 👉 Can be burned 1:1 for BERA, but BERA cannot be converted back into BGT. 3. HONEY (Stablecoin) 👉 A soft-pegged stablecoin backed by collateralized assets. 👉 Used for payments, DeFi trading, and stable transactions within the Berachain ecosystem. 👉 Can be minted by depositing whitelisted collateral into vaults. This three-token system creates a balanced and sustainable blockchain economy where each token has a clear, functional role instead of just existing for speculation. The BERA token is the native gas and staking token of the Berachain blockchain. It is used to pay for transaction fees, secure the network through staking, and enable DeFi applications within the Berachain ecosystem. BERA is burned upon use, reducing its circulating supply over time. The total genesis supply of BERA is 500 million tokens, with allocations for validators, liquidity incentives, community rewards, and ecosystem development.
🔗Project Links 👉Berachain Website http://www.berachain.com/ 👉Whitepaper https://honeypaper.berachain.com/ 👉X https://x.com/berachain Binance Introduces HODLer Airdrops: Rewarding BNB Holders with Emerging Project Tokens Binance has introduced a new initiative called HODLer Airdrops, designed to reward BNB token holders and support emerging crypto projects. We already had a 7 Projects on it and it's a great way to put your BNB at work! The program will distribute tokens from small to medium-sized ventures to eligible users before they are listed on the Binance exchange, providing early access to new opportunities. To participate in the HODLer Airdrops, users must hold BNB and subscribe to Binance’s Simple Earn products, either Flexible or Locked. Eligibility for the airdrops will be determined by random historical snapshots of users’ BNB balances in these products. Binance will announce upcoming HODLer Airdrops in advance, giving users time to prepare for potential rewards. Once an airdrop is announced, eligible users will receive the tokens in their Spot Wallets within 24 hours, before the token is listed on Binance Spot. The tokens distributed through this program will come from projects with strong fundamentals, large circulating supplies, and organic communities that are set to be listed on Binance. To ensure compliance and fairness, users must complete KYC (Know Your Customer) verification and reside in an eligible jurisdiction to participate in the HODLer Airdrops. Binance has set a hard limit on the amount of BNB holdings that will be considered for each airdrop, which will be announced in advance. The program aims to provide additional rewards and benefits on top of existing perks, ensuring a steady stream of passive income for BNB holders. By engaging with small to medium-sized projects and distributing their tokens to BNB holders, Binance aims to support the development of the blockchain ecosystem and provide users with early access to promising new ventures. 🔥Read more about the Benefits of BNB Stakers: https://www.binance.com/en/bnb Participating in the HODLer Airdrops does not affect users’ standard benefits for holding BNB, such as eligibility for Binance’s Launchpool and Megadrop events. Instead, it provides additional rewards and benefits on top of existing perks, ensuring a steady stream of passive income for BNB holders. To participate in future HODLer Airdrops, follow these steps: 👉Go to the EARN section on Binance. 👉Subscribe to Simple Earn Flexible or Locked products. 👉Binance will automatically take snapshots of your balance and calculate rewards based on your BNB holdings. #BERA #BERAonBinance #BinanceHODLer
🔥🧠ArIA: Real-Time Insights for Smarter Crypto Decisions
(Focus on simplifying crypto) ArIA: Your AI companion for navigating the crypto market. Simplify trading, investing, and analytics with our cutting-edge platform. Accessible anytime, anywhere. (Highlighting the ARIA token and community) Unlock premium features and shape the future of ArIA with the #ARIA token! Join our community-driven platform and maximize your crypto opportunities. (Highlighting advanced technology and security) ArIA: AI-powered crypto trading, investing, and analytics. Cutting-edge, secure platform, and user-centric approach. Maximize your potential. ArIA: Your AI crypto partner. Simplify, secure, thrive. (Benefit-focused approach) Tired of complex crypto markets? ArIA provides actionable insights, predictive analytics, and personalized portfolio management. Get the edge you need. https://x.com/IamARIAagent
The identity of the true Kekius Maximus has finally been unveiled, capturing significant attention across social media. With its presence on the Solana network and a market cap surpassing $3.5M, the project has solidified its place in the spotlight. After much speculation, the original always stands tall! 👑
#kekiusmaxiumusSOL
Verified across multiple chains, the project continues to attract interest thanks to its steady daily growth and the anticipation of an upcoming CoinMarketCap (CMC) listing. While imitation projects emerge, this one remains the standout. Many encourage a closer look—Study Neiro and form your own perspective.
$SOL This announcement is for informational purposes only and does not constitute financial advice. Always perform thorough research before making any decisions.
Binance announces the launch of Solv Protocol on its Megadrop platform! How to Participate?
Binance announces the third project on the Megadrop platform - Solv Protocol (SOLV token) - with a reward of 588,000,000 SOLV. Binance launches the third project on the Megadrop platform named Solv Protocol (SOLV token). This is a BTC staking protocol aimed at building a financial ecosystem around Bitcoin. Details of Solv Megadrop: 👉Token name: Solv Protocol (SOLV) 👉Maximum total supply: 9,660,000,000 SOLV (can be increased through network governance for Bitcoin reserve offering) 👉Genesis token total supply: 8,400,000,000 SOLV (86.96% of maximum total supply) 👉Megadrop reward: 588,000,000 SOLV (7% of Genesis supply, accounting for 6.09% of maximum supply) 👉Initial supply at listing: 1,482,600,000 SOLV (17.65% of Genesis supply, accounting for 15.35% of maximum supply) What is Solv Protocol? Solv Protocol is a platform that supports generating interest to bring profits to investors from crypto assets. Solv has launched SolvBTC, SolvETH, and SolvUSD, providing yield opportunities for BTC, ETH, and stablecoins USDC and USDT, aiming to offer native yield for a variety of assets. Users can maximize capital utilization and earn interest in the Bull market by holding Solv Protocol products. Solv Protocol is a unified Bitcoin liquidity layer, connecting Bitcoin's trillion-dollar economy with DeFi by consolidating dispersed liquidity through SolvBTC. SolvBTC offers Bitcoin holders access to LST, supporting yield earning on Bitcoin across any chain. By staking with Solv, Bitcoin remains liquid, allowing users to leverage a range of DeFi applications. Solv Finance introduces various yield and asset opportunities in the crypto sector, aiming to become crucial infrastructure linking liquidity across DeFi, CeFi, and TradFi. The project's founding team includes Meng Yan, former Vice President of CSDN, and Will Wang, who led the design and development of the world's largest bank accounting system based on open and distributed technology, along with experienced co-founders and team members. Solv raised a total of $14 million in funding from notable investment funds such as Binance Labs, Blockchain Capital, Jump Capital, etc. Solv Protocol has undergone comprehensive security audits by Quantstamp, Certik, SlowMist, Salus, and Secbit, ensuring the highest safety standards. As of July, Solv Finance has over $1.31 billion in TVL from more than 303,000 users. What is SolvBTC? SolvBTC is the flagship product of the ecosystem, helping users seamlessly engage in the growing "BTCFi" space. SolvBTC is now available on Ethereum, BNB Chain, Arbitrum, and Merlin Chain. SolvBTC acts as a key to DeFi supported by Bitcoin across all chains. SolvBTC is guaranteed 1:1 by Bitcoin or Wrapped Bitcoin. SolvBTC and its derivatives provide yield that can be integrated with various DeFi protocols, offering flexibility and maximum access to the thriving BTCFi ecosystem. Key integrations include: DEXs: Providing instant liquidity and access to high-quality yields for SolvBTC holders. Lending protocols: Allowing SolvBTC holders to lend their tokens, earning profit based on leveraged interest positions. Yield trading protocols: Enabling users to trade future yields of SolvBTC derivatives, manage yield volatility, and optimize profits.
Features of Solv Protocol ERC-3525 In September 2022, the Ethereum Foundation approved ERC-3525 Semi-Fungible Token (SFT) as the 35th ERC standard. ERC-3525 combines the quantity characteristics of ERC-20 (ability to issue any quantity) and the uniqueness of ERC-721 (uniqueness of NFTs). The Solv technical team, creators of ERC-3525, has open-sourced this protocol, and many development groups are building products in various fields such as RWA, DeFi, and social applications based on ERC-3525. The basic stUSD Vault is in private testing, supported by $900,000 of trial capital provided by the Solv team to verify effectiveness and reliability. All users can track the performance and returns of this trial fund in real-time via the Solv interface. stUSD reached an ATH APY of 44.5%. Risk management tools Non-custodial solution With Solv Protocol, all user assets and liquidity pool LP tokens are stored in smart contracts, ensuring assets are not affected by third parties. Multi-party controlled Vaults Solv Protocol applies decentralized MPC to manage capital, with transactions jointly controlled by multiple parties. Custodians, managers, and liquidators all control transaction rights under integrated protection rules in the contract code. Even with consensus, no one can transfer assets out of the system. This design minimizes counterparty risk, increases transaction flexibility, and restricts unauthorized withdrawals. NAV management base on oracles Solv uses an oracle-based NAV management system to ensure the face value of fund shares matches the value of underlying assets. This protects investment decisions, redemptions, and payments. Additionally, this mechanism ensures tokens issued by the platform accurately reflect value, allowing seamless integration of Solv fund tokens into the DeFi ecosystem. Efficient settlement In volatile market conditions, Solv Protocol can use the oracle-based NAV management system to timely capture changes in the net value of funds and execute settlements, ensuring the platform can respond quickly to fluctuations in fund value. Enhanced security system Custodians Solv Protocol prioritizes user asset security and control through technical architecture and strategic partnerships with leading crypto custodians and auditors. Utilizing advanced security measures, comprehensive audits, and top crypto custodians like Copper, Ceffu, Cobo, and Fireblocks, Solv Protocol ensures safe and transparent collateral asset management. Custodians provide "Off-Exchange Settlement" solutions, allowing Solv to authorize and deauthorize assets to and from centralized exchanges without physically transferring assets. This minimizes risks related to exchange failures, ensuring actual asset ownership belongs to Solv. Solv Guard Solv Guard is an intermediary layer between underlying assets and user assets, adding an extra security mechanism on top of smart contracts. Solv Guard can be customized for individual asset group trading strategies, allowing control and customization of asset manager authorities. The main role of Solv Guard is to limit the multi-signature function of the "Safe" smart contract wallet within a specific scope. Solv Guard configures a Guardian Vault for each Vault, specifying target addresses and their permissions. To ensure security and upgradability, Solv Guard has a separate governance mechanism from its operational mechanism. Solv Vault Guardian is responsible for execution, while the Governor controls governance, potentially managed by the community and asset managers. This includes a Time Lock feature to ensure transparency and user choice. The Governor has broad powers, including upgrading the Guardian, adding or removing authorizations, managing native token transactions and whitelisted addresses, transferring Governor powers, or permanently disabling governance rights. Even if there are issues with the Guardian, the Governor can take timely remedial measures to maximize user asset protection. Reward system Solv has launched a reward system to encourage user participation in its ecosystem. In the first phase, users can earn basic experience points (XP) by depositing into Solv Vault, with XP earned increasing based on the amount and time staked. Additionally, users can invite friends to receive a commission equivalent to 10% of the invited user's basic XP. Users can also receive additional XP bonuses by reaching certain investment thresholds or participating in community activities. Accumulated XP can be used to receive SOLV token airdrops and participate in BTC-Fi ecosystem airdrop activities. However, SolvBTC purchased on the secondary market does not count for XP. What is Binance Megadrop? Binance Megadrop is a platform for launching new tokens, integrating Binance Simple Earn and Binance Web3 Wallet, which increases the opportunity to access new Web3 projects before they are listed. It combines interaction, learning, and rewards, providing a unique experience in the Binance ecosystem and cryptocurrency space. How to participate in Binance Megadrop 👉Log in to your Binance account.
👉Sign up for the BNB Locked product or complete Web3 tasks to accumulate points.
👉Complete Web3 tasks on the Binance app to receive a point multiplier.
👉Receive Megadrop rewards based on total points. Megadrop reward distribution mechanism Rewards are calculated based on the user's accumulated points ratio to the total accumulated points of all users. 👉Locked BNB points: Calculated based on the number of BNB locked and the locking duration. 👉Web3 task bonus and boost: Calculated when completing designated tasks. 👉Points calculation formula: Total Points = (Locked BNB Points * Web3 Multiplier) + Web3 Task Bonus. Note: Megadrop is only available for eligible regions. Rewards will be airdropped to users' Spot Binance wallets. #SolvProtocolMegadrop
Binance announces the launch of Solv Protocol on its Megadrop platform! How to Participate?
Binance announces the third project on the Megadrop platform - Solv Protocol (SOLV token) - with a reward of 588,000,000 SOLV. Binance launches the third project on the Megadrop platform named Solv Protocol (SOLV token). This is a BTC staking protocol aimed at building a financial ecosystem around Bitcoin. Details of Solv Megadrop: 👉Token name: Solv Protocol (SOLV) 👉Maximum total supply: 9,660,000,000 SOLV (can be increased through network governance for Bitcoin reserve offering) 👉Genesis token total supply: 8,400,000,000 SOLV (86.96% of maximum total supply) 👉Megadrop reward: 588,000,000 SOLV (7% of Genesis supply, accounting for 6.09% of maximum supply) 👉Initial supply at listing: 1,482,600,000 SOLV (17.65% of Genesis supply, accounting for 15.35% of maximum supply) What is Solv Protocol? Solv Protocol is a platform that supports generating interest to bring profits to investors from crypto assets. Solv has launched SolvBTC, SolvETH, and SolvUSD, providing yield opportunities for BTC, ETH, and stablecoins USDC and USDT, aiming to offer native yield for a variety of assets. Users can maximize capital utilization and earn interest in the Bull market by holding Solv Protocol products. Solv Protocol is a unified Bitcoin liquidity layer, connecting Bitcoin's trillion-dollar economy with DeFi by consolidating dispersed liquidity through SolvBTC. SolvBTC offers Bitcoin holders access to LST, supporting yield earning on Bitcoin across any chain. By staking with Solv, Bitcoin remains liquid, allowing users to leverage a range of DeFi applications. Solv Finance introduces various yield and asset opportunities in the crypto sector, aiming to become crucial infrastructure linking liquidity across DeFi, CeFi, and TradFi. The project's founding team includes Meng Yan, former Vice President of CSDN, and Will Wang, who led the design and development of the world's largest bank accounting system based on open and distributed technology, along with experienced co-founders and team members. Solv raised a total of $14 million in funding from notable investment funds such as Binance Labs, Blockchain Capital, Jump Capital, etc. Solv Protocol has undergone comprehensive security audits by Quantstamp, Certik, SlowMist, Salus, and Secbit, ensuring the highest safety standards. As of July, Solv Finance has over $1.31 billion in TVL from more than 303,000 users. What is SolvBTC? SolvBTC is the flagship product of the ecosystem, helping users seamlessly engage in the growing "BTCFi" space. SolvBTC is now available on Ethereum, BNB Chain, Arbitrum, and Merlin Chain. SolvBTC acts as a key to DeFi supported by Bitcoin across all chains. SolvBTC is guaranteed 1:1 by Bitcoin or Wrapped Bitcoin. SolvBTC and its derivatives provide yield that can be integrated with various DeFi protocols, offering flexibility and maximum access to the thriving BTCFi ecosystem. Key integrations include: DEXs: Providing instant liquidity and access to high-quality yields for SolvBTC holders. Lending protocols: Allowing SolvBTC holders to lend their tokens, earning profit based on leveraged interest positions. Yield trading protocols: Enabling users to trade future yields of SolvBTC derivatives, manage yield volatility, and optimize profits.
Features of Solv Protocol ERC-3525 In September 2022, the Ethereum Foundation approved ERC-3525 Semi-Fungible Token (SFT) as the 35th ERC standard. ERC-3525 combines the quantity characteristics of ERC-20 (ability to issue any quantity) and the uniqueness of ERC-721 (uniqueness of NFTs). The Solv technical team, creators of ERC-3525, has open-sourced this protocol, and many development groups are building products in various fields such as RWA, DeFi, and social applications based on ERC-3525. The basic stUSD Vault is in private testing, supported by $900,000 of trial capital provided by the Solv team to verify effectiveness and reliability. All users can track the performance and returns of this trial fund in real-time via the Solv interface. stUSD reached an ATH APY of 44.5%. Risk management tools Non-custodial solution With Solv Protocol, all user assets and liquidity pool LP tokens are stored in smart contracts, ensuring assets are not affected by third parties. Multi-party controlled Vaults Solv Protocol applies decentralized MPC to manage capital, with transactions jointly controlled by multiple parties. Custodians, managers, and liquidators all control transaction rights under integrated protection rules in the contract code. Even with consensus, no one can transfer assets out of the system. This design minimizes counterparty risk, increases transaction flexibility, and restricts unauthorized withdrawals. NAV management base on oracles Solv uses an oracle-based NAV management system to ensure the face value of fund shares matches the value of underlying assets. This protects investment decisions, redemptions, and payments. Additionally, this mechanism ensures tokens issued by the platform accurately reflect value, allowing seamless integration of Solv fund tokens into the DeFi ecosystem. Efficient settlement In volatile market conditions, Solv Protocol can use the oracle-based NAV management system to timely capture changes in the net value of funds and execute settlements, ensuring the platform can respond quickly to fluctuations in fund value. Enhanced security system Custodians Solv Protocol prioritizes user asset security and control through technical architecture and strategic partnerships with leading crypto custodians and auditors. Utilizing advanced security measures, comprehensive audits, and top crypto custodians like Copper, Ceffu, Cobo, and Fireblocks, Solv Protocol ensures safe and transparent collateral asset management. Custodians provide "Off-Exchange Settlement" solutions, allowing Solv to authorize and deauthorize assets to and from centralized exchanges without physically transferring assets. This minimizes risks related to exchange failures, ensuring actual asset ownership belongs to Solv. Solv Guard Solv Guard is an intermediary layer between underlying assets and user assets, adding an extra security mechanism on top of smart contracts. Solv Guard can be customized for individual asset group trading strategies, allowing control and customization of asset manager authorities. The main role of Solv Guard is to limit the multi-signature function of the "Safe" smart contract wallet within a specific scope. Solv Guard configures a Guardian Vault for each Vault, specifying target addresses and their permissions. To ensure security and upgradability, Solv Guard has a separate governance mechanism from its operational mechanism. Solv Vault Guardian is responsible for execution, while the Governor controls governance, potentially managed by the community and asset managers. This includes a Time Lock feature to ensure transparency and user choice. The Governor has broad powers, including upgrading the Guardian, adding or removing authorizations, managing native token transactions and whitelisted addresses, transferring Governor powers, or permanently disabling governance rights. Even if there are issues with the Guardian, the Governor can take timely remedial measures to maximize user asset protection. Reward system Solv has launched a reward system to encourage user participation in its ecosystem. In the first phase, users can earn basic experience points (XP) by depositing into Solv Vault, with XP earned increasing based on the amount and time staked. Additionally, users can invite friends to receive a commission equivalent to 10% of the invited user's basic XP. Users can also receive additional XP bonuses by reaching certain investment thresholds or participating in community activities. Accumulated XP can be used to receive SOLV token airdrops and participate in BTC-Fi ecosystem airdrop activities. However, SolvBTC purchased on the secondary market does not count for XP. What is Binance Megadrop? Binance Megadrop is a platform for launching new tokens, integrating Binance Simple Earn and Binance Web3 Wallet, which increases the opportunity to access new Web3 projects before they are listed. It combines interaction, learning, and rewards, providing a unique experience in the Binance ecosystem and cryptocurrency space. How to participate in Binance Megadrop 👉Log in to your Binance account.
👉Sign up for the BNB Locked product or complete Web3 tasks to accumulate points.
👉Complete Web3 tasks on the Binance app to receive a point multiplier.
👉Receive Megadrop rewards based on total points. Megadrop reward distribution mechanism Rewards are calculated based on the user's accumulated points ratio to the total accumulated points of all users. 👉Locked BNB points: Calculated based on the number of BNB locked and the locking duration. 👉Web3 task bonus and boost: Calculated when completing designated tasks. 👉Points calculation formula: Total Points = (Locked BNB Points * Web3 Multiplier) + Web3 Task Bonus. Note: Megadrop is only available for eligible regions. Rewards will be airdropped to users' Spot Binance wallets. #SolvProtocolMegadrop
BIO on Binance launchpool. Completed overview and tutorial how to farm it!
Binance, the world’s leading cryptocurrency exchange, has announced BIO as the next project to be featured on their Binance Launchpool staking platform. Users will be able to earn BIO Protocol (BIO) tokens on Binance by staking their BNB tokens or FDUSD stablecoins until January 2rd. Users will be able to withdraw the staked coins at any time, while still keeping their BIO token rewards. 3% of the total BIO token supply will be distributed to users on the Launchpool – that amounts to 99.6 million BIO tokens out of the 3.32 billion total supply. BNB stakers will receive 85% of these rewards, while those staking FDUSD will receive the remaining 15%. It should be noted that the amount of BIO you earn depends on how big your stake is, relative to the size of the entire staking pool. There is also an hourly cap in place, dictating how much BIO users can earn in an hour – for BNB stakers it’s 35,275 BIO per user, while for FDUSD it’s 6,225 BIO. After the BIO Launchpool Campaign, BIO will be listed on Binance on January 3rd. What is BIO Protocol (BIO)? BIO Protocol is a pioneering curation and liquidity protocol for Decentralized Science (DeSci), dedicated to accelerating biotechnology. They aim to empower global communities of patients, scientists, and biotech professionals to collectively fund, develop, and own tokenized biotech projects and intellectual property (IP). The team behind BIO has been instrumental in creating Molecule, a tokenization platform for early-stage biomedicine, and VitaDAO, the largest decentralized community focused on longevity science. Building on these achievements, BIO aims to drive the growth of an onchain scientific economy through decentralized funding, incentives, and liquidity mechanisms. The BIO token provides holders with access to BIO’s extensive network of scientific communities and IP, offering broad exposure to the evolving DeSci economy. The initial DeSci DAOs were established before BIO Protocol separated from Molecule, and there are currently 7 of them. After the establishment of BIO Protocol, these DAO organizations were first incorporated into the BIO network. During the previous BIO Genesis Event, users had to exchange tokens from these DAO organizations for BIO tokens, making these DAO tokens a component of BIO network assets.
👉VitaDAO: Raised over $5 million in the field of longevity science, supported by Pfizer's venture capital arm and Balaji Srinivasan, and collaborates with Newcastle University. Notably, VitaDAO is the "oldest of the old," being the first DeSci DAO of Molecule, the ancestor of DeSci and the mother of the BIO protocol, focusing on research in the longevity field. The current BIO Protocol association is also a Swiss nonprofit organization founded by key members of VitaDAO. 👉HairDAO: Focused on hair loss; the DAO owns patents and consumer products Follicool. 👉CerebrumDAO: Promotes brain health, raised over $1.5 million, and has an agreement with Fission Pharma to address mitochondrial dysfunction in neurodegenerative diseases. 👉ValleyDAO: Focused on synthetic biology, raised over $2 million, and collaborates with Imperial College London. 👉AthenaDAO: Promotes women's health research and development, providing $500,000 in funding for translational research, with 14 intellectual property transactions pending. 👉CryoDAO: Promotes the development of cryobiology, raised over $3 million in the field, and established projects with Oxford Cryo Technology an Advanced Neurobiology. 👉PsyDAO: Focused on psychedelic drugs, launched a new platform OPSY utilizing psychedelic drug trials and data. Currently, BIO Protocol has announced its roadmap for 2025, which includes: 👉The BIO token will undergo TGE on the Ethereum mainnet on January 3; 👉The BIO token will be launched on Solana and Base networks; 👉New BioDAOs will be launched; 👉BIO/BioDAO liquidity pools; 👉A new BIO Launchpad will officially go live. 👉With the launch of the BIO token on Binance, the DeSci field may usher in a new wave of excitement.
The Future of Bio Protocol’s Crypto $BIO Token Expansion of DeSci with BIO Token: Bio Protocol is one of the leading firms in the DeSci movement, offering a platform for scientific research and innovations through its BioDAO platform. The BioDAO platform has already launched several scientific projects, raising millions in funding. This platform will expand with the $BIO token to include eight different DAOs, such as AthenaDAO, CerebrumDAO, and HairDAO. Future Network Integrations: As the token continues to grow within the Binance ecosystem, its extension will be extended to both the Solana and Base networks. The further incorporation into mainstream adoption of DeSci DAOs for even more scientific projects means this technology is being extended toward more significant incorporation within blockchain networks. How to earn BIO tokens on Binance Launchpool If you want to earn BIO farming rewards, you’ll need a Binance account. Please keep in mind that only users who complete an identity verification process with Binance are eligible to participate in Usual farming on Binance Launchpool. Once your account is ready, you’ll need some BNB or FDUSD tokens to stake. If you already own these tokens, you can deposit some to your Binance account. Otherwise, Binance offers plenty of ways to buy them with crypto or fiat.
After your account is verified and loaded with BNB and/or FDUSD, go to the menu on the top side of the Binance interface and select "More." Then, go to "Launchpool." Then, find the available farming pools. Depending on which tokens you want to stake, select the FDUSD Pool or BNB Pool. Then, follow the instructions provided by the exchange.
As a final note, here’s a quick breakdown of key dates and information about the BIO Protocol Launchpool campaign:
Launching $BIO on the Binance Launchpool is a great first step towards taking DeSci into the scientific community in a blockchain-enabled way. With robust support from Binance, a $70 million funding record, and expansion plans across major networks like Solana and Base, $BIO is up for the ride of giant growth. This step will open the gate to wonderful opportunities for both investors and scientists who might want to participate in breakthrough projects, which may in the long run shape future scientific research and development. #BinanceLaunchpoolBIO
🔥Usual: Revolutionizing Stablecoin Issuance and Ownership Redistribution
In the rapidly evolving !
Usual: Revolutionizing Stablecoin Issuance and Ownership Redistribution
In the rapidly evolving world of decentralized finance (DeFi), Usual emerges as a pioneering solution to address the flaws inherent in the current stablecoin ecosystem. By blending innovation with decentralization, Usual offers a fresh approach to fiat-backed stablecoins, redistributing ownership, governance, and profits in a manner that is unprecedented in the space. Through the $USUAL token, the project enables users to take control of not only the stablecoin's governance but also its economic success, a model that stands in stark contrast to the centralized nature of existing major players like Tether and Circle.
The Problem with Traditional Stablecoins #binancelaunchpool The rise of stablecoins like Tether (USDT)** and USD Coin (USDC)** has been a game changer for DeFi, providing much-needed stability in the otherwise volatile cryptocurrency markets. However, these centralized stablecoins have generated billions of dollars in revenue without offering any tangible benefits to the users who contribute to their success. In fact, the entire model relies on the privatization of profits, where companies like Tether and Circle hold significant control over the infrastructure and the wealth generated, leaving users with little more than their deposits and no real governance or ownership rights.
Despite the huge profits made by these centralized issuers, the users, liquidity providers, and contributors have no claim to the wealth they help generate. This centralized wealth model echoes traditional finance, where banks profit from deposits but do not share those profits with their customers. The **Usual** protocol aims to correct this imbalance by redistributing the power, ownership, and profits to the users themselves, fostering a more equitable and decentralized financial system. #usual $BTC
Usual’s Vision: Decentralization and Transparency
Usual's protocol is built around three key observations that serve as the foundation for its decentralized approach:
1. Tether and Circle's Revenue Model: In 2023, Tether and Circle collectively generated over $10 billion in revenue, with valuations exceeding $200 billion. Despite their massive success, none of this wealth is shared with the users who contribute to their growth and stability.
2. Integration of Real-World Assets (RWAs):While tokenized Real-World Assets (RWAs) like US Treasury Bills are growing in popularity, their integration into DeFi remains challenging. This is evident from the fact that fewer than 5,000 holders of RWAs exist on the Ethereum mainnet.
3. Desire for Exposure and Rewards:DeFi users want exposure to the success of projects they support, but the current yield distribution model fails to adequately reward early adopters and risk-takers.
By leveraging Real-World Assets (RWAs), Usual creates an on-chain, verifiable, and composable stablecoin, USD0, that aims to address these concerns. The system is designed to be fully transparent, with decision-making and governance transferred to the holders of the $USUAL governance token. This includes crucial areas like risk policies, collateral types, and liquidity strategies—allowing users to take an active role in shaping the future of the protocol.
A More Secure Stablecoin Model: Bankruptcy Remote and Independent from Traditional Banking
Another critical aspect of Usual’s innovation lies in its approach to collateralization. Traditional fiat-backed stablecoins are often collateralized by reserves held in commercial banks, exposing them to the systemic risks inherent in the banking sector. The collapse of Silicon Valley Bank (SVB) in 2023 highlighted the vulnerabilities of this system, where fractional reserve banking practices can lead to significant instability.
In stark contrast, Usual is built to be bankruptcy remote. Instead of relying on traditional bank reserves, Usual’s stablecoin, USD0, is collateralized by short-term bonds, offering enhanced security and stability. This approach is designed to be more robust, with a strict risk policy and an insurance fund further bolstering the security of users assets.
End of Privatized Profits: A More Equitable System
Usual's most revolutionary feature is its model for redistributing value. While other stablecoins like USDT and USDC have benefited from the deposits of users, Usual’s protocol ensures that the value generated from its collateral is directly shared with the users who help create it. By pooling the yield generated by its collateral, Usual's treasury grows, and this value is then distributed to users through the governance token, $USUAL.
The distribution of governance tokens grants users full control over the protocol's operations, treasury, and future revenues. This decentralized governance model ensures that the interests of the community are aligned, creating incentives for early adopters and long-term contributors who share in the upside potential of the platform’s growth.
This redistribution model is a stark contrast to the centralized approach of current stablecoin issuers, where profits are privatized, and risks are often socialized. Usual’s system aims to break this cycle, giving power back to the community and ensuring that users are rewarded for their participation and support.
A New Era of Stablecoin Ownership and Yield Redistribution
Usual is not just another stablecoin; it is a decentralized Fiat Stablecoin issuer that seeks to redistribute ownershipand governance through the $USUAL token. By transforming Real-World Assets (RWAs) such as commodities, real estate, and financial instruments into tokenized assets, Usual provides users with enhanced liquidity and exposure to a broader array of assets in the blockchain ecosystem.
In essence, Usual’s approach combines the best of decentralized governance with the security and stability of fiat-backed stablecoins, ensuring a fairer and more transparent financial system. Through its innovative yield redistribution model, users are empowered with ownership and control, offering a pathway to a more equitable and decentralized future for stablecoin issuance.
Where to Buy Usual USD
For those interested in acquiring USD0, Usual’s stablecoin, it is available for trade on decentralized exchanges such as Curve Finance (Ethereum), where the USD0/USDC trading pair has seen significant volume. Other popular platforms where USD0 can be traded include PancakeSwap V3(Ethereum) and Uniswap V3(Ethereum).
By offering users not just a stablecoin, but the opportunity to participate in the governance and success of the protocol, Usual is setting the stage for a new paradigm in decentralized finance. Through its innovative, user-centered model, Usual is redefining the future of stablecoins and DeFi, empowering a global community of users to take control of their financial destiny.
1. What is Usual? USUAL is a secure and decentralized legal stablecoin issuer that redistributes ownership and governance through $USUAL tokens. Usual is a multi-chain infrastructure that aggregates the growing supply of tokenized real-world assets (RWA) from entities such as BlackRock, Ondo, Mountain Protocol, M0 or Hashnote, turning them into permissionless, on-chain verifiable, composable stablecoins ( USD0 ). Often built around redistributing power and ownership to users and third parties, similar to the scenario where Tether's TVL providers own the company and its associated revenue.
Why Usual? USUAL is about redistributing power and wealth to the people who actually support the platform. With popular stablecoins like Tether (USDT) and Circle (USDC), the companies behind them made over $10 billion in revenue in 2023, and their total valuation is more than $200 billion! But the users who contribute to their success don’t get any share of that money. USUAL, on the other hand, allows users to share in the value and success created. This is especially meaningful because it addresses a major issue in decentralized finance (DeFi): while there are billions in assets like US Treasury Bills available on-chain, not many DeFi users hold RWAs. For early users who are willing to take risks, USUAL’s model rewards them, giving them a fair share of the success they help create. Usual's Vision 🔥Rebuilding Tether On-Chain: Neutrality and Transparency Cryptocurrency requires a fully on-chain fiat-backed stablecoin, supported by an infrastructure that ensures enhanced neutrality, transparency, and security. Usual introduces a model designed to rebuild Tether entirely on-chain. In this system, the issuer is controlled by the holders of the Usual governance token. This includes decisions on risk policy, the nature of collateral, and liquidity incentive strategies. 2. Fiat stablecoins need to stay away from bankruptcy Fiat-backed stablecoins are partially backed by reserves held by commercial banks. This makes them subject to the fractional reserve practices of these banks, which undermines the security and stability of stablecoins. The recent collapse of SVB Bank highlights the systemic risk that commercial banks pose to DeFi due to undercollateralization. The first requirement for stablecoins is to ensure that their value remains stable relative to the currency they represent. Users must have firm confidence in the security of their capital. The collateral model provided by Usual is not linked to the traditional banking system, but directly to short-term bonds. The security provided by this prudent approach is strengthened by strict risk policies and insurance funds. 🔥End the Privatization of Profits Tether and Circle generated over $10 billion in revenue in 2023 and are valued at over $200 billion. However, this wealth is not shared with the users who contribute to their success. Usual aims to provide an alternative to fiat-backed stablecoins that privatizes profits on customer deposits while socializing losses. The centralized players behind the major fiat-backed stablecoins replicate the problematic structures of traditional banking, which is contrary to the principles of decentralized finance. Usual's approach aims to create a more equitable financial system by redistributing value and power more equitably among all users. Usual's goal is to make users owners of protocol infrastructure, funding, and governance. By redistributing 100% of value and control through its governance token, Usual ensures its community is in control. The Usual protocol distributes its governance tokens to users and third parties who contribute value, realigning financial incentives and returning power to participants within the ecosystem.
🔥Revolutionizing Stablecoin Ownership and Revenue Redistribution Some models redistribute part of the revenue generated by stablecoins. However, Usual adopts a different model where users pool the revenue generated by stablecoin collateral. This revenue constitutes the protocol's funds. In return, users receive governance tokens that give them control over the protocol, funds, and future revenue. This mechanism not only redistributes revenue, it also redistributes ownership of the system. It provides incentives for early adopters and offers them huge upside potential. The transparent and public distribution of governance tokens ensures that the interests of all participants are aligned. $USUAL Token $USUAL token will be playing a major role in decision-making processes within the platform, for example enabling arbitrage for its tokenized Treasury Bill or other risk-management strategy improvements. Furthermore, it will be a main tool for rewarding $USD0++ holders with a yield generated from the same US Treasury Bill. USUAL Tokenomics Usual is community-driven, with 90% allocated for the community and 10% for insiders.
🔥Usual Labs pros in my personal opinion 🔥 👉Prospective concept & design; 👉Relatively low token inflation rate for the first 2 years after the TGE (~20%); 👉Presence of security audits from top-tier companies; 👉FDV is almost 10 times lower than its closest competitors in the niche of decentralized stablecoins, Ethena; 👉Low Initial MC ( only 12.37% of the FDV); 👉Good PR and Influencer Marketing performance; 👉Above the average Marketing Infrastructure, SEO, SMM, and Growth Marketing scores; 👉Diverse network of prominent funds and angel investors; 👉Wide network of partners, actively supporting and collaborating with the project; 👉Listing and IEO on Binance; 👉The protocol’s CEO has worked for the French Parliament. Usual Binance Launchpool Details The Binance Launchpool will start farming for USUAL tokens on 2024-11-15 at 00:00 (UTC). Here’s how it works: Binance users can lock their BNB or FDUSD in designated pools to start earning USUAL tokens as rewards. The Launchpool will distribute an initial circulating supply of 300,000,000 USUAL as rewards over 4 days, which makes up 7.5% of the total token supply. For those interested, here’s a breakdown of the reward allocation: BNB Pool: This pool will have the majority of the rewards, with 255,000,000 USUAL (or 85% of the reward tokens). FDUSD Pool: This smaller pool will offer 45,000,000 USUAL (or 15% of the reward tokens). The farming period ends on 2024-11-18 at 23:59 (UTC), so it’s a short, fast opportunity to earn rewards. Conclusion All aspects of the crypto industry evolve continuously, with various protocols constantly innovating and implementing new ideas. This applies to stablecoins as well. Initially, there were fiat-backed stablecoins with custodial collateralization (like Tether, Circle, and others) because this was the simplest and most straightforward implementation. Then came crypto-backed stablecoins (like MakerDAO, Frax). After that, algorithmic stablecoins emerged, but they were not very stable. In late 2022 and early 2023, there was a boom in LST-backed CDP stablecoins, which quickly faded partly due to the disparity between promised yields and the actual yields, which were only slightly higher than ETH staking returns. During this time, LSDFi protocols began integrating omnichain token technologies like LayerZero and Wormhole. Now, more sophisticated and well-thought-out stablecoin protocols with complex mechanics are emerging. These are based on extensive research and model testing, unlike the earlier LST-backed ones. Among such projects in Dewhales' focus are Tapioca and Usual, each using different approaches and cross-chain technologies. Unlike Tapioca, Usual employs two technologies—Axelar and Wormhole. Usual also has much simpler tokenomics, positioning itself on the opposite end of the spectrum from Tapioca. Will the new generation of stablecoins secure their place and establish themselves in web3, or will they be a fleeting phenomenon like LSDFi? These protocols are being developed by professionals with meticulous approaches and an understanding of market consolidation, so the question is more about how much market share they will capture. Only time will tell. #USUALonLaunchpool&Pre-Market #USUALLAUNCHPOOL #usual
$ABI: The "Big Brother" of Web3 – Why It's Buzzing in the Community Right Now
In the fast-evolving world of Web3, new projects often come and go. But every once in a while, a token emerges that not only captures attention but also sparks excitement across multiple fronts. This week, ABI the token behind the Abi Coin project has been creating a buzz like no other. Why is everyone talking about it? Let's dive in and find out.
A Mission Rooted in Community and Giving Back
Abi Coin isn’t just another cryptocurrency; it’s a project with a purpose. In an age where digital pets and cutting-edge tech are all the rage, Abi aims to bring us back to what truly matters: family, community, and giving back. While we’ve all been captivated by the endless possibilities of Web2 and Web3, it’s our families, loved ones, and the bonds we share that have kept us grounded. Abi Coin recognizes this, celebrating those real connections and working to unite a community that values them.
But Abi Coin isn’t just about talk – it’s about action. With every transaction, the project supports charitable causes and makes donations to elders, honoring the generation that paved the way for us. The idea of a community-driven token that simultaneously gives back to society resonates strongly, especially in the world of Web3 where decentralized ideals are king.
The Latest Buzz: ABI Token on the Verge of New CEX Listing?
This week, however, the real topic of conversation among the Abi Coin community has been a rumored development: ABI token might soon be listed on a major centralized exchange (CEX). The whispers started circulating across social media and community platforms, with many speculating that the token’s exposure would increase dramatically if it were to make this leap. While there has been no official confirmation from the Abi Coin team, the rumors have taken on a life of their own, generating considerable excitement among current holders and potential investors.
A CEX listing could be a game-changer for Abi Coin. Centralized exchanges are still among the most popular platforms for trading digital assets, and securing a spot on one of these exchanges would expose the $ABI token to a broader audience. If the rumors hold true, this could be the catalyst that propels Abi Coin into the spotlight, bringing in new users and investors who may have been hesitant to engage with the token until now.
The Community's Reaction: Mixed, but Hopeful $BTC #doge While some are optimistic about the potential listing, others are taking a more cautious approach, waiting for an official statement from the team. It’s common in the crypto world for rumors to swirl around new developments, and the Abi Coin community is no exception. However, what’s clear is that this uncertainty has only fueled the conversation, adding more momentum to the already growing excitement around ABI.
The true power of Abi Coin lies not just in its potential to be listed on a CEX, but in its strong community and its mission to make a real-world impact. The project has already gained a loyal following, and with its focus on charitable giving and community building, Abi Coin continues to distinguish itself from other tokens in the market.
Looking Ahead: What’s Next for Abi Coin?
As the community eagerly awaits official updates, one thing is certain: Abi Coin has sparked a larger conversation. Whether or not the ABI token is listed on a new CEX in the near future, the project’s unique blend of social impact and Web3 innovation is sure to keep it in the spotlight.
The rumors about a CEX listing, whether true or not, have certainly captured the attention of the community. But beyond the speculation, Abi Coin’s commitment to supporting charitable causes and fostering community bonds sets it apart in a crowded space. As the project moves forward, its focus on real-world impact could be just as important as any exchange listing, ensuring that it remains a meaningful and valuable asset in the Web3 ecosystem.
*This article does not constitute investment advice.*
"Altcoin Mania Begins: Are You Ready for the Mega Bull Run?"
"What's Happening with Altcoins? What Can We Expect from the Mega Bull Season? Which New Promising and Reliable Projects Are On the Horizon? Stay tuned for the latest breaking news and updates on what's new and what's next in the crypto world!"
BNDR.ai: Revolutionizing Crypto Project Discovery with AI and Blockchain Technology
In the fast-changing world of cryptocurrency, finding new projects can often be a complicated and time-consuming task. However, BNDR.ai, a next-generation platform, is changing the way users discover projects by making the process easier, faster, and more personalized. By combining artificial intelligence (AI) with blockchain technology, BNDR.ai connects users with the most promising crypto projects, providing secure, transparent, and tailored recommendations.
Simplifying Crypto Project Discovery
BNDR.ai is designed to help users quickly find crypto projects that align with their preferences and investment goals. The platform uses advanced AI algorithms to analyze each user’s interests, objectives, and past interactions to provide accurate and meaningful recommendations. With real-time data updates, users always receive the most relevant and timely suggestions, saving them time and effort.
Mission and Vision: Making Project Discovery Accessible for All
BNDR.ai’s mission is to simplify project discovery for everyone, regardless of their experience level. With an easy swipe interface, even beginners can explore the crypto world and find projects suited to their needs. The platform eliminates the complexities that often hinder effective project discovery, empowering users to make informed investment decisions.
Looking forward, BNDR.ai aims to be more than just a project discovery tool. The company envisions creating a "superapp" that bridges Web2 and Web3, catering to both crypto enthusiasts and newcomers. The platform will become a one-stop solution for navigating the crypto ecosystem, fostering collaboration, meaningful connections, and confidence within the space.
Innovative Technologies and a Robust Roadmap
BNDR.ai combines cutting-edge AI and blockchain technology to ensure secure and transparent connections between users and projects. The platform’s development follows a three-phase roadmap:
- Phase 1 - Foundation: The release of the whitepaper, website and social media launch, the introduction of the $SWIPES token, and beta testing with early adopters. - Phase 2 - Growth: Enhancements to matchmaking features, integration of online and on-chain data, and building strategic partnerships. Feedback from the community will play a key role in refining the platform. - Phase 3 - Expansion: A full web app launch, integrations with social media platforms, custom APIs, and reward initiatives for community token holders.
A Promising Future Ahead With its AI-powered recommendations and blockchain-driven approach, BNDR.ai is poised to become a leader in the crypto space. By simplifying project discovery and offering a user-friendly experience, BNDRbl .ai enables users to make well-informed investment decisions while saving time. As the platform evolves, it aims to reshape how people engage with the crypto ecosystem, offering a more efficient, personalized, and secure way to discover new opportunities.
3. BabyNeiro BABYNERIO is a decentralized cryptocurrency token that is part of the Nerio Token ecosystem. It falls under the memecoin category, which is typically designed for fun and community engagement rather than serious financial use. BABYNERIO aims to build a strong community and incentivize user participation.
Key Features: 1. Memecoin & Community-Focused: BABYNERIO is driven by community support, often used for humorous or fun purposes. 2. Deflationary Model: The token may have a limited supply, with a portion burned on each transaction, decreasing the total supply over time. 3. Investor Incentives: Users can earn rewards by staking tokens or providing liquidity. 4. DeFi Integration: BABYNERIO could be compatible with decentralized finance (DeFi) projects, offering additional financial opportunities for holders.
Overall, BABYNERIO is designed as a fun, community-driven project in the crypto space, though, like many memecoins, it is subject to high volatility and speculative investment.
4. PEANUT
The Story of PEANUT Memecoin: Peanut was an orphaned squirrel that became a social media star after being rescued by Mark Longo in New York. After Peanut’s mother was killed by a car, Longo found and raised the squirrel. Peanut gained a massive following by performing tricks, eating waffles, and wearing mini hats. However, seven years later, New York authorities seized Peanut and a raccoon named Fred, euthanizing them for rabies testing. Peanut's tragic end sparked widespread discussion on wildlife rehabilitation laws. Inspired by Peanut's story, the PEANUT memecoin was created to honor the squirrel and engage with the community. The token gained significant attention when Elon Musk liked a tweet about PEANUT. Following Musk's endorsement, the token skyrocketed in value, increasing by over 80x. This event highlighted how memecoins, driven by social media interaction and community support, can rapidly gain value and attention in the crypto space.
5. SUNCAT
Suncat is the first cat meme token to be launched on Tron, and has emerged as an alternative in the ever-growing memecoin ecosystem. The project has been listed on many different exchanges since its launch and is still on my watchlist.
It is located on the Tron network developed by Justun Sun.
6.Cococoin (Coco) $CoCoCoin is a dynamic SocialFi blockchain project built on the BNB Chain, designed to foster social media interaction and provide a wide range of crypto investment opportunities. It aims to create a thriving and creative social ecosystem within the crypto, blockchain, and meme coin spaces. As one of the emerging top 10 meme coin projects, CoCoCoin stands out for its engaging crypto airdrop events, which attract a strong community following.
CoCoCoin has also made significant strides in the crypto industry by partnering with several exchanges and companies. Notably, it was a sponsor at the Binance Blockchain Week in Dubai, further solidifying its presence in the global crypto community. Through these partnerships and its growing popularity, CoCoCoin continues to build momentum as a leading player in the meme coin sector.
DYORThe information provided here regarding topics and projects is for personal and news article purposes only. It should not be considered as investment advice. Always conduct your own research and consult with a professional financial advisor before making any investment decisions. #memecoin $BTC
How would dappOS become a leading Web3 project? Hot info for the current DappOS Airdrop Campaign!
Meta description: dappOS is an intent execution network that streamlines interactions for a more seamless and swift Web3 experience This rapid expansion of the Web3 ecosystem results in various decentralized systems and services for user empowerment, but these platforms are very often cumbersome to deal with. A great number of people can't get their heads around the complex idea of DeFi, NFTs, and decentralized apps, involving a lot of manual activities and detailed knowledge of blockchain technology. Here come dappOS, the intent execution network that smoothest and streamlines this interaction for a more seamless and swift experience. DappOS does away with the need for users to do manual operations, allowing them to focus on the ends while service providers handle the means. But what does this new paradigm shift presage for the future of Web3? And how will dappOS' unique approach to "earning yield while ready for use" assets impact the industry? Impact of the "Earning Yield While Ready for Use" Characteristic on the Web3 Industry Yield generation, combined with availability for utilization, has the potential to revolutionize asset management in the Web3 sector. For one, think about owning an asset that continues to accrue passive income while it remains liquid for immediate use in transactions, trading, or staking. This will make decentralized financial systems more appealing to a wide variety of users who are leery of the idea of locking their assets up in long-term contracts. In that respect, dappOS efficiently bridges the liquidity gap with returns, solving an age-old problem in the domain of decentralized finance. What would that bring to the table? This would mean that, in the Web3 space, retail and institutional investors alike use DeFi protocols and dApps. The better user experience, combined with the ability to earn without giving up one's liquidity, is expected to bring in swathes of new users into the decentralized ecosystem. Moreover, dappOS focuses on frictionless interaction, placing it as a catalyst to be used in popular adoption, especially among non-technical people who are not comfortable with the inner workings of blockchain. Improved Asset Efficiency Users used to be forced into a trade-off between generating some yield on their assets by staking, lending, etc., and having those assets liquid and ready to use in transactions or otherwise. This trade-off is removed for those assets that can generate income while still being available for use, thereby increasing asset usage efficiency. Improved Liquidity in DeFi Protocols This may enhance the liquidity of DeFi protocols through incentivized mechanisms that would keep users' assets involved in yield-earning activities even when they are not being utilized. That would steady the markets and reduce slippage, therefore making trading conditions better across the ecosystem. Wider Adoption of Web3 Users, more importantly, new users of Web3, are more likely to utilize a platform that effectively merges yield with accessibility. Of course, this can surely enable wider adoption by lowering the barrier of entry and making DeFi and other Web3 applications more palatable to mainstream life. Innovative asset management Innovative asset management allows for the development of innovative, improved, and more flexible solutions that can better manage assets. In other words, it allows developers to build dApps sophisticated enough to balance potential earnings against the need for instant liquidity in the creation of new financial products and optimize asset usage automatically. Increased User Retention and Engagement The feature is bound to increase the retention rate among its users manifold by creating an ongoing incentive to continuously stay on the site. Now, users can win continuously without sacrificing any other ongoing opportunity to participate in the activities to make it even more interesting. Why dappOS is Poised to Become a Leading Web3 Project in the Future In this universe of innovation that is Web3, dappOS shines because of the huge focus on users. Whereas most projects at the current stage emphasize the escalation of functionality, dappOS places great importance on the user experience. It puts effort into rendering decentralized services available to anyone. Their move to simplify the underlying complexity of blockchain interactions lowers the barrier to entry, allowing users—crypto newbies or veterans—to engage with Web3 without an extremely steep learning curve. Very user friendly Another important reason that puts dappOS in a good position to be successful in the future is its focus on efficiency. While working with any traditional form of a decentralized system, a user is required to perform every step of the process manually. In the case of dappOS, these steps are done by a service provider, and a user needs only to focus on his goals. This simplification of such fiddly tasks will drive those people and businesses that don't want to waste their time but value ease of use and efficiency toward the platform even more. Also, the commitment of dappOS to yield-earning opportunities with liquidity will likely change how users manage assets. As the feature gains momentum in adoption, it may just be what makes dappOS stand out as a trailblazer in the Web3 space and sets the new standard for DeFi platforms moving forward. Abstracting Complexity dappOS smoothes the experience of Web3 to make it more accessible to end-users. dappOS abstracts the complex process of handling dApps and blockchain networks for users, making the use of Web3 considerably easier for new and old users by reducing its learning curve to accessible levels. Seamless Integration DappOS does an excellent job of providing interoperability between the chains with seamless integrations to other blockchain networks. That is crucial in the context of an ever-expanding and diverse Web3 ecosystem where several blockchains service different use cases. With dappOS having bridges connecting the major players, this shall improve the value and attractiveness of dappOS. Efficient Scaling Solutions While the popularity of Web3 continues to increase, scaling remains a big concern. dappOS is built for efficient handling of high volumes of transactions, hence making it a very suitable platform for large-scale decentralized applications and services. It comes scalable, meaning dappOS can handle the load in future years with performance guaranteed. Robust Security dappOS addresses security-highly important for the success of any Web3 project. By integrating strong methods and processes regarding security, dappOS creates a secure platform to foster trust among users and developers alike, hence building ecosystem trust. Partnership and Collaboration dappOS can forge much-needed strategic partnerships and alliances with other blockchain initiatives, businesses, and organizations which will truly increase its scope and impact. This ecosystem will continuously be in development with new partners and users joining to help it remain competitive at the front in the Web3 arena. 🔥 The Joint Airdrop: Strengthening dappOS and Binance Web3 Wallet Ecosystems 🔥 dappOS has signed a cooperation for an airdrop event with Binance Web3 Wallet in pursuit of accelerating the expansion of its ecosystem. This remains the huge leap into innovating both ecosystems through combining dappOS' new intent execution network and Binance's large user base with solid Web3 infrastructure. What would this agreement mean? This agreement gives dappOS the ability to showcase its user-friendly system to a wider audience. Binance, known for its global reach and impact in the cryptocurrency market, offers tremendous attention to the airdrop event by enabling dappOS to get its potential across to millions of users. The event will be an awareness-raising promotion of dappOS, with a demonstration of how much the chain-level platform is capable of in making user interaction with blockchain systems easier. In turn, Binance Web3 Wallet will benefit from the deal by embedding the simplified user experience brought in by dappOS. The wallet will become easier to use for those users of decentralized finance who found the interaction with it too complex. Moreover, as consumers start using dappOS via the Binance Web3 Wallet, they will have an advantage in creating yield with the conservation of liquidity, which will turn the Binance ecosystem even more alluring for DeFi amateurs. What is best for the user Such a joint airdrop will give the users an opportunity to go further into both ecosystems for better interaction and, therefore, further growth of the projects. There is likely to be much buzz regarding such an event, which may attract more users and thus help dappOS grow its presence in the Web3 space, while solidifying Binance's position in the decentralized finance space. dappOS Ecosystem Airdrops have been a very good strategy for attracting new users and improving the initial level of engagement. Working with Binance Web3 Wallet will grant dappOS access to many users within the environs of Binance, which may add millions more users to its platform. It has the potential to increase the number of substantial dappOS users that help build a more alive community and ecosystem. Binance Web3 Wallet Ecosystem This will also give value to the Binance Web3 Wallet Ecosystem since this will push users in its direction by trying out and incorporating dappOS. Entering this within the context of increased wallet use and educating Binance's users in large-scale Web3 use will go hand in hand. It will reinforce the relationship that Binance Wallet users have with the community at large within Web3. In conclusion The strategic partnership with Binance Web3 Wallet will see dappOS fast-track its growth to become one of the top Web3 projects soon. DappOS is well on its way to playing an important role in the next generation of blockchain innovation, bridging decentralized finance with much ease and efficiency. As Web3 continues to mature, projects like dappOS, which focus on user experience and practical benefits, will become very important in determining the direction of the future. The role dappOS is likely to play in asset management, DeFi, and the entire blockchain space is huge. And it is only a matter of time before this game-changing platform becomes a household name in the Web3 community. #dappOSTtheFutureofIntents #BinanceWeb3Wallet! @dappOS_com
#BCCOIN Congratulations to the team on all the progress so far! Wishing you continued success and growth in the future. Excited to see how this project evolves and makes a positive impact in the crypto space. Keep pushing forward!
I'm excited to share my best wishes for #BCCOIN ! 🎉 As one of the leading cryptocurrencies in the market, #BCCOIN continues to show incredible potential and growth.
Carv Protocol Insights and all you need to know including the Binance & CARV Airdrop
CARV Protocol is a decentralized finance (DeFi) project that aims to provide a secure and trustless platform for users to trade and swap digital assets. It operates on the Ethereum blockchain and utilizes smart contracts to automate transactions without the need for intermediaries. Features Decentralized Exchange (DEX): CARV Protocol offers a DEX where users can trade various cryptocurrencies and tokens securely. Liquidity Pools: Users can provide liquidity to the platform by depositing their assets into liquidity pools and earn rewards in return. Yield Farming: CARV Protocol allows users to stake their tokens and earn additional rewards through yield farming. Governance: Token holders can participate in the governance of the protocol by voting on proposals and changes to the platform. User Experience The platform is designed to be user-friendly, with a simple interface that allows for easy navigation and trading. Users can access the platform from their web browser or through compatible wallets.
Benefits of CARV Protocol Decentralization: CARV Protocol operates on a decentralized platform, providing users with autonomy over their assets without the need for intermediaries. Security: The protocol prioritizes security measures to safeguard users' funds and data against potential threats. Liquidity: By supporting a range of assets, CARV Protocol enhances liquidity, making it easier for users to trade and swap tokens. User Experience: The platform is designed with user experience in mind, offering a seamless interface for efficient navigation and interaction. Community Governance: CARV Protocol allows its community to participate in governance decisions, fostering a sense of ownership and involvement among users. Staking Rewards: Users have the opportunity to stake their assets on the platform and earn rewards, providing an additional incentive for engagement. Innovative Features: The protocol continues to introduce new features and functionalities to improve the overall user experience and expand its offerings. Future Integrations for CARV Protocol Compound: Integrating with Compound will enable users to earn interest on their deposited assets and borrow additional funds based on their collateral within the CARV Protocol platform. MakerDAO: Partnership with MakerDAO will provide users with access to decentralized stablecoins and the ability to generate DAI through collateralized debt positions, enhancing the stablecoin offerings on the CARV Protocol platform. Curve Finance: Integration with Curve Finance will enhance the efficiency of stablecoin trading and provide users with low-slippage swaps for assets pegged to the same value within the CARV Protocol platform. SushiSwap: Collaborating with SushiSwap will offer users access to a decentralized exchange platform with enhanced features like yield farming and staking opportunities on the CARV Protocol platform. Synthetix: Further deepening the partnership with Synthetix can bring more synthetic assets and trading options to users, expanding the range of financial products available on the CARV Protocol platform. Yearn Finance: Continued collaboration with Yearn Finance can introduce more yield farming strategies and optimization tools for users to maximize their returns on assets within the CARV Protocol platform. Unlock Exclusive Rewards with Binance and CARV In an exciting collaboration, Binance and CARV have launched an exclusive airdrop campaign, offering participants the chance to earn $CARV tokens and USDC. This limited-time event features a substantial prize pool of 1 million $CARV and 30,000 USDC, creating a significant opportunity for crypto enthusiasts and gamers alike. By participating in the campaign, users can engage in a series of tasks designed to maximize their rewards. How to Participate To join the Binance x CARV Airdrop, users need a Binance Web3 Wallet address. This versatile wallet, integrated within the Binance app, empowers users to manage their crypto assets securely and interact with decentralized finance (DeFi) applications. The participation process involves: Daily Check-in: Continuous daily check-ins reward users with points, with check-ins resetting every seven days. Bind Account: Connect your Binance Web3 Wallet to participate. Join Community: Engage with the CARV community to earn more points. Play & Earn: Participate in CARV’s gaming ecosystem to accumulate points. Prize Pool Details The total prize pool for this campaign is 1 million $CARV and 30,000 USDC. $CARV rewards will be distributed based on the proportion of points each user accumulates compared to all participants. Importantly, if multiple wallet addresses are linked to the same Binance UID, only the account with the highest points will receive the reward, while other accounts will be considered Sybil and will forfeit their rewards. Following the anticipated launch of the CARV Airdrop Claim Page in August, participants can log in using their wallet addresses to view and claim their $CARV rewards. USDC rewards will be distributed via airdrop directly into the winners’ wallets on BNBChain upon the conclusion of the event. CARV reserves the right to the final explanation regarding the campaign. The Binance x CARV Airdrop campaign is a unique opportunity for participants to earn substantial rewards while engaging with innovative blockchain technology. By completing tasks and accumulating points, users can maximize their chances of earning $CARV tokens and USDC. Don’t miss out on this exciting event — join the Binance x CARV Airdrop today and be a part of the future of decentralized finance and gaming. @CARV #CARVingTheFutureOfData #binanceweb3airdrop
TON - 56th Project on Binance Launchpool. Binance Super Earn Review! LFG 🔥
The leading cryptocurrency exchange, Binance, has announced Toncoin as the next project featured on their Binance Launchpool staking platform. The exchange has also introduced a new feature called Binance Super Earn, which allows stakers to earn a special APR for a limited time. Until September 3, you can earn Toncoin (TON) tokens on Binance simply by staking your TON, BNB, or the FDUSD stablecoin. You can withdraw the coins you’ve staked at any time and keep the TON token rewards. You can earn TON on Binance Launchpool between August 15 and September 3. The amount of token rewards you earn will depend on how many coins you stake. What is The Open Network (TON)? The Open Network (TON) is a blockchain-based platform originally developed by the team behind Telegram, a popular messaging app. TON was designed to enable fast, secure, and scalable transactions, with the ultimate goal of supporting a wide range of decentralized applications (dApps) and services. The project managed to reach many of its early goals. TON integration within the Telegram messenger is ever more prevalent and allows developers to build Web3 mini apps that are supported by blockchain. In addition, Telegram messenger comes with a TON wallet that allows users to send money from one another and participate in various DeFi use cases, like staking TON and USDT, and more. It’s worth noting that the project was originally envisioned as the Telegram Open Network, intended to provide a blockchain infrastructure that could support Telegram's vast user base with a native cryptocurrency called "Gram." Telegram's involvement with TON faced significant regulatory challenges, particularly from the U.S. Securities and Exchange Commission (SEC), which argued that the sale of Gram tokens constituted an unregistered securities offering. Due to these issues, Telegram officially stepped back from the project in 2020, and the community-led TON Foundation has taken over the development since then. Of course when it comes to price prediction with this Market is pretty hard to do any but in my personal opinion TON is a great long-term hold and the price will go consistently up next few months! How to earn TON tokens on Binance Launchpool If you want to earn Toncoin farming rewards, you’ll need a Binance account. Please keep in mind that only users who complete an identity verification process with Binance are eligible to participate in Toncoin farming on Binance Launchpool. Once your account is ready, you’ll need some BNB or FDUSD tokens to stake. If you already own these tokens, you can deposit some to your Binance account. Otherwise, Binance offers plenty of ways to buy them with crypto or fiat.
After your account is verified and loaded with BNB and/or FDUSD, go to the menu on the top side of the Binance interface and select "More." Then, go to "Launchpool." Then, find the available Toncoin farming pools. Depending on which tokens you want to stake, select the FDUSD Pool or BNB Pool. Then, follow the instructions provided by the exchange. As an important note, here’s a quick breakdown of key dates and information about the Toncoin Launchpool campaign:
TON to benefit from a higher APR introduced by Binance Super Earn Binance announced that TON would be listed on Binance Super Earn, a new platform that allows users to earn higher-than-average rewards (referred to as Special APR) by staking newly listed tokens through Simple Earn Locked Products. This opportunity is typically available right after the tokens are listed on Binance and is fully sponsored by the respective token projects. 🔥Key features of Binance Super Earn 🔥 👉The Annual Percentage Rate (APR) offered through Super Earn is generally higher than the typical rates on other Simple Earn Locked Products. This is because the rewards are funded by the token projects themselves as a promotional incentive to encourage users to hold and stake their newly listed tokens. 👉Super Earn is available for a short period after the token's listing and may include tokens distributed through airdrops, Launchpool, or other Binance events. 👉Users can subscribe to Super Earn products by selecting the desired token and duration on the Binance platform. If they choose to redeem their positions early, they can do so, but they will forfeit any accrued rewards. 👉Super Earn products are marked with a "Special Offer" tag on the Binance Simple Earn page, making them easy to identify. Super Earn presents a valuable opportunity for users, particularly BNB holders, to maximize their returns. Building on existing earning options like Megadrop, HODLer Airdrop, and Launchpool, Super Earn provides another avenue for users to increase their earnings by subscribing their BNB to Earn and participating in airdrops, then using the received tokens in Super Earn to secure additional APR. #BinanceLaunchpoolTON #Tonlaunchpool #BinanceSuperEarn
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