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Crypto Revolution Masters
--
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:
šmaintains security through a dispute resolution mechanism that makes off-chain results on-chain verifiable;
šshowcases 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:
š„Crypto-Fuel
š„Powering protocols such as Noether.
š„Staking and Rewards:
š„It allows users to stake to receive rewards and contribute to network governance.
š„Transaction Charges
š„Serving as the medium of charge for inserting data on the side-chain.
š„Smart Contract Execution
š„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 Cartesiās Experiment Week. They plan to improve security and scalability by unifying EigenLayerās 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
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:
šmaintains security through a dispute resolution mechanism that makes off-chain results on-chain verifiable;
šshowcases 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:
š„Crypto-Fuel
š„Powering protocols such as Noether.
š„Staking and Rewards:
š„It allows users to stake to receive rewards and contribute to network governance.
š„Transaction Charges
š„Serving as the medium of charge for inserting data on the side-chain.
š„Smart Contract Execution
š„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 Cartesiās Experiment Week. They plan to improve security and scalability by unifying EigenLayerās 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
let's go all
Crypto Revolution Masters
--
Travala (AVA): Overview and the SMART Loyalty Program
If you love traveling, then Travala (AVA) is made for you. Chances are, youāve 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 ā be it a hotel room or an apartment ā 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 upgradesāall 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 competitorsāa 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 AVAās 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 Travalaās SMART loyalty program can provide
šEarn up to 10% in cashback: Get up to 10% back in AVA, Bitcoin, or Travel Credits on bookings made after your trip.
šAVA Smart Bonus: Meeting quarterly requirements can result in up to 20% additional AVA tokens per year for your locked AVA.
šAccess the Open Passport to collect NFT stamps and badges for completed travels.
šAccess 1,300+ airport lounges worldwide with 4 complimentary passes annually.
šUp to 5% discount: Up to 5% off advertised travel prices at the time of booking.
šClaim the Ambassador Bonus. Every quarter, completing Contributor Tasks earns you Travel Credit rewards.
šOwn a unique Travel Tiger avatar as a limited generative NFT for online display.
šConcierge Access: Access to the Concierge.io service for bookings valued at over US$20,000
šUp 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.
šParticipate in airdrops for early-stage token partner initiatives.
šTravel Drops offers unique, one-of-a-kind travel experiences.
šMarriott Bonvoy Points: Earn Marriott Bonvoy points for Marriott hotel bookings over US$1,000 through Concierge.
#AVA #TravelTigerNFT @AVA Foundation @Travala.com
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 ā be it a hotel room or an apartment ā 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 upgradesāall 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 competitorsāa 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 AVAās 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 Travalaās SMART loyalty program can provide
šEarn up to 10% in cashback: Get up to 10% back in AVA, Bitcoin, or Travel Credits on bookings made after your trip.
šAVA Smart Bonus: Meeting quarterly requirements can result in up to 20% additional AVA tokens per year for your locked AVA.
šAccess the Open Passport to collect NFT stamps and badges for completed travels.
šAccess 1,300+ airport lounges worldwide with 4 complimentary passes annually.
šUp to 5% discount: Up to 5% off advertised travel prices at the time of booking.
šClaim the Ambassador Bonus. Every quarter, completing Contributor Tasks earns you Travel Credit rewards.
šOwn a unique Travel Tiger avatar as a limited generative NFT for online display.
šConcierge Access: Access to the Concierge.io service for bookings valued at over US$20,000
šUp 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.
šParticipate in airdrops for early-stage token partner initiatives.
šTravel Drops offers unique, one-of-a-kind travel experiences.
šMarriott Bonvoy Points: Earn Marriott Bonvoy points for Marriott hotel bookings over US$1,000 through Concierge.
#AVA #TravelTigerNFT @AVA Foundation @Travala.com
nice share information
Crypto Revolution Masters
--
Travala (AVA): Overview and the SMART Loyalty Program
If you love traveling, then Travala (AVA) is made for you. Chances are, youāve 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 ā be it a hotel room or an apartment ā 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 upgradesāall 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 competitorsāa 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 AVAās 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 Travalaās SMART loyalty program can provide
šEarn up to 10% in cashback: Get up to 10% back in AVA, Bitcoin, or Travel Credits on bookings made after your trip.
šAVA Smart Bonus: Meeting quarterly requirements can result in up to 20% additional AVA tokens per year for your locked AVA.
šAccess the Open Passport to collect NFT stamps and badges for completed travels.
šAccess 1,300+ airport lounges worldwide with 4 complimentary passes annually.
šUp to 5% discount: Up to 5% off advertised travel prices at the time of booking.
šClaim the Ambassador Bonus. Every quarter, completing Contributor Tasks earns you Travel Credit rewards.
šOwn a unique Travel Tiger avatar as a limited generative NFT for online display.
šConcierge Access: Access to the Concierge.io service for bookings valued at over US$20,000
šUp 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.
šParticipate in airdrops for early-stage token partner initiatives.
šTravel Drops offers unique, one-of-a-kind travel experiences.
šMarriott Bonvoy Points: Earn Marriott Bonvoy points for Marriott hotel bookings over US$1,000 through Concierge.
#AVA #TravelTigerNFT @AVA Foundation @Travala.com
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 ā be it a hotel room or an apartment ā 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 upgradesāall 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 competitorsāa 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 AVAās 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 Travalaās SMART loyalty program can provide
šEarn up to 10% in cashback: Get up to 10% back in AVA, Bitcoin, or Travel Credits on bookings made after your trip.
šAVA Smart Bonus: Meeting quarterly requirements can result in up to 20% additional AVA tokens per year for your locked AVA.
šAccess the Open Passport to collect NFT stamps and badges for completed travels.
šAccess 1,300+ airport lounges worldwide with 4 complimentary passes annually.
šUp to 5% discount: Up to 5% off advertised travel prices at the time of booking.
šClaim the Ambassador Bonus. Every quarter, completing Contributor Tasks earns you Travel Credit rewards.
šOwn a unique Travel Tiger avatar as a limited generative NFT for online display.
šConcierge Access: Access to the Concierge.io service for bookings valued at over US$20,000
šUp 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.
šParticipate in airdrops for early-stage token partner initiatives.
šTravel Drops offers unique, one-of-a-kind travel experiences.
šMarriott Bonvoy Points: Earn Marriott Bonvoy points for Marriott hotel bookings over US$1,000 through Concierge.
#AVA #TravelTigerNFT @AVA Foundation @Travala.com
Watch on guys
Crypto Revolution Masters
--
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 Ethereumās 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 participantsāvalidators, liquidity providers, and dAppsāare economically aligned to maximize rewards and secure the network efficiently.
How Berachain Works
1. Proof-of-Liquidity (PoL) ā 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:
š Validators must align with DeFi protocols and liquidity providers to maximize rewards.
š Liquidity providers earn BGT rewards, ensuring deeper liquidity across the ecosystem.
š Protocols compete for validator emissions, increasing user participation in DeFi.
2. EVM Compatibility ā 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 ā 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 Networkās 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)
š Used to pay gas fees for transactions on the network.
š Staked by validators to secure the blockchain.
š Burned upon use, reducing circulating supply over time.
2. BGT (Bera Governance Token)
š Non-transferable, earned through Reward Vaults by participating in DeFi activities.
š Used for governance voting and influencing validator emissions.
š Can be burned 1:1 for BERA, but BERA cannot be converted back into BGT.
3. HONEY (Stablecoin)
š A soft-pegged stablecoin backed by collateralized assets.
š Used for payments, DeFi trading, and stable transactions within the Berachain ecosystem.
š 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.
šProject Links
šBerachain Website http://www.berachain.com/
šWhitepaper https://honeypaper.berachain.com/
šX 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 Binanceās Simple Earn products, either Flexible or Locked.
Eligibility for the airdrops will be determined by random historical snapshots of usersā 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.
š„Read more about the Benefits of BNB Stakers:
https://www.binance.com/en/bnb
Participating in the HODLer Airdrops does not affect usersā standard benefits for holding BNB, such as eligibility for Binanceās 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:
šGo to the EARN section on Binance.
šSubscribe to Simple Earn Flexible or Locked products.
šBinance will automatically take snapshots of your balance and calculate rewards based on your BNB holdings.
#BERA #BERAonBinance #BinanceHODLer
Berachain is a high-performance, EVM-identical Layer 1 blockchain that integrates Ethereumās 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 participantsāvalidators, liquidity providers, and dAppsāare economically aligned to maximize rewards and secure the network efficiently.
How Berachain Works
1. Proof-of-Liquidity (PoL) ā 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:
š Validators must align with DeFi protocols and liquidity providers to maximize rewards.
š Liquidity providers earn BGT rewards, ensuring deeper liquidity across the ecosystem.
š Protocols compete for validator emissions, increasing user participation in DeFi.
2. EVM Compatibility ā 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 ā 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 Networkās 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)
š Used to pay gas fees for transactions on the network.
š Staked by validators to secure the blockchain.
š Burned upon use, reducing circulating supply over time.
2. BGT (Bera Governance Token)
š Non-transferable, earned through Reward Vaults by participating in DeFi activities.
š Used for governance voting and influencing validator emissions.
š Can be burned 1:1 for BERA, but BERA cannot be converted back into BGT.
3. HONEY (Stablecoin)
š A soft-pegged stablecoin backed by collateralized assets.
š Used for payments, DeFi trading, and stable transactions within the Berachain ecosystem.
š 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.
šProject Links
šBerachain Website http://www.berachain.com/
šWhitepaper https://honeypaper.berachain.com/
šX 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 Binanceās Simple Earn products, either Flexible or Locked.
Eligibility for the airdrops will be determined by random historical snapshots of usersā 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.
š„Read more about the Benefits of BNB Stakers:
https://www.binance.com/en/bnb
Participating in the HODLer Airdrops does not affect usersā standard benefits for holding BNB, such as eligibility for Binanceās 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:
šGo to the EARN section on Binance.
šSubscribe to Simple Earn Flexible or Locked products.
šBinance will automatically take snapshots of your balance and calculate rewards based on your BNB holdings.
#BERA #BERAonBinance #BinanceHODLer
nice information. thank you for sharing
Crypto Revolution Masters
--
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 Ethereumās 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 participantsāvalidators, liquidity providers, and dAppsāare economically aligned to maximize rewards and secure the network efficiently.
How Berachain Works
1. Proof-of-Liquidity (PoL) ā 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:
š Validators must align with DeFi protocols and liquidity providers to maximize rewards.
š Liquidity providers earn BGT rewards, ensuring deeper liquidity across the ecosystem.
š Protocols compete for validator emissions, increasing user participation in DeFi.
2. EVM Compatibility ā 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 ā 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 Networkās 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)
š Used to pay gas fees for transactions on the network.
š Staked by validators to secure the blockchain.
š Burned upon use, reducing circulating supply over time.
2. BGT (Bera Governance Token)
š Non-transferable, earned through Reward Vaults by participating in DeFi activities.
š Used for governance voting and influencing validator emissions.
š Can be burned 1:1 for BERA, but BERA cannot be converted back into BGT.
3. HONEY (Stablecoin)
š A soft-pegged stablecoin backed by collateralized assets.
š Used for payments, DeFi trading, and stable transactions within the Berachain ecosystem.
š 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.
šProject Links
šBerachain Website http://www.berachain.com/
šWhitepaper https://honeypaper.berachain.com/
šX 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 Binanceās Simple Earn products, either Flexible or Locked.
Eligibility for the airdrops will be determined by random historical snapshots of usersā 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.
š„Read more about the Benefits of BNB Stakers:
https://www.binance.com/en/bnb
Participating in the HODLer Airdrops does not affect usersā standard benefits for holding BNB, such as eligibility for Binanceās 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:
šGo to the EARN section on Binance.
šSubscribe to Simple Earn Flexible or Locked products.
šBinance will automatically take snapshots of your balance and calculate rewards based on your BNB holdings.
#BERA #BERAonBinance #BinanceHODLer
Berachain is a high-performance, EVM-identical Layer 1 blockchain that integrates Ethereumās 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 participantsāvalidators, liquidity providers, and dAppsāare economically aligned to maximize rewards and secure the network efficiently.
How Berachain Works
1. Proof-of-Liquidity (PoL) ā 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:
š Validators must align with DeFi protocols and liquidity providers to maximize rewards.
š Liquidity providers earn BGT rewards, ensuring deeper liquidity across the ecosystem.
š Protocols compete for validator emissions, increasing user participation in DeFi.
2. EVM Compatibility ā 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 ā 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 Networkās 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)
š Used to pay gas fees for transactions on the network.
š Staked by validators to secure the blockchain.
š Burned upon use, reducing circulating supply over time.
2. BGT (Bera Governance Token)
š Non-transferable, earned through Reward Vaults by participating in DeFi activities.
š Used for governance voting and influencing validator emissions.
š Can be burned 1:1 for BERA, but BERA cannot be converted back into BGT.
3. HONEY (Stablecoin)
š A soft-pegged stablecoin backed by collateralized assets.
š Used for payments, DeFi trading, and stable transactions within the Berachain ecosystem.
š 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.
šProject Links
šBerachain Website http://www.berachain.com/
šWhitepaper https://honeypaper.berachain.com/
šX 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 Binanceās Simple Earn products, either Flexible or Locked.
Eligibility for the airdrops will be determined by random historical snapshots of usersā 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.
š„Read more about the Benefits of BNB Stakers:
https://www.binance.com/en/bnb
Participating in the HODLer Airdrops does not affect usersā standard benefits for holding BNB, such as eligibility for Binanceās 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:
šGo to the EARN section on Binance.
šSubscribe to Simple Earn Flexible or Locked products.
šBinance will automatically take snapshots of your balance and calculate rewards based on your BNB holdings.
#BERA #BERAonBinance #BinanceHODLer
See original
nice info
Crypto Revolution Masters
--
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:
šToken name: Solv Protocol (SOLV)
šMaximum total supply: 9,660,000,000 SOLV (can be increased through network governance for Bitcoin reserve offering)
šGenesis token total supply: 8,400,000,000 SOLV (86.96% of maximum total supply)
šMegadrop reward: 588,000,000 SOLV (7% of Genesis supply, accounting for 6.09% of maximum supply)
šInitial 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
šLog in to your Binance account.
šSign up for the BNB Locked product or complete Web3 tasks to accumulate points.
šComplete Web3 tasks on the Binance app to receive a point multiplier.
šReceive 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.
šLocked BNB points: Calculated based on the number of BNB locked and the locking duration.
šWeb3 task bonus and boost: Calculated when completing designated tasks.
šPoints 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 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:
šToken name: Solv Protocol (SOLV)
šMaximum total supply: 9,660,000,000 SOLV (can be increased through network governance for Bitcoin reserve offering)
šGenesis token total supply: 8,400,000,000 SOLV (86.96% of maximum total supply)
šMegadrop reward: 588,000,000 SOLV (7% of Genesis supply, accounting for 6.09% of maximum supply)
šInitial 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
šLog in to your Binance account.
šSign up for the BNB Locked product or complete Web3 tasks to accumulate points.
šComplete Web3 tasks on the Binance app to receive a point multiplier.
šReceive 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.
šLocked BNB points: Calculated based on the number of BNB locked and the locking duration.
šWeb3 task bonus and boost: Calculated when completing designated tasks.
šPoints 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
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