Scalable L1s vs. Ethereum Rollups: A Comparative Analysis with relation to mass adoption
After Satoshi Nakamoto developed Bitcoin in 2008, a need arose for a more scalable and faster chain to transact on the blockchain. Vitalik Buterin and co developed @Ethereum as a solution to Bitcoin’s inadequacies. This however wasn’t still enough with the now famous term Blockchain Trilemma being coined to describe the 3 major characteristics of a optimal chain. 1. Decentralization 2. Security 3. Scalability Ethereum easily ticked all the boxes with the exception of scalability and
BlackRock's BUIDL Fund Takes DeFi by Storm: A Deep Dive into the Injective Listing
The world of decentralized finance (DeFi) has witnessed a groundbreaking moment with the listing of BlackRock's BUIDL Fund on Injective, a high-performance layer-1 blockchain. This landmark event marks a significant step forward for the intersection of traditional finance and the innovative world of cryptocurrencies.
Understanding the BUIDL Fund The BUIDL Fund, a tokenized fund launched by BlackRock, the world's largest asset manager, offers holders the opportunity to earn U.S. dollar yields. B
I told you to grab as much $INJ as possible before the run, didn't I?
I told you anon 🫵 Been shilling on Twitter since $11 and on the Square since $30.
Despite an over 1100% increase on a ytd scale as against <200% from $BTC , Injective is primed to smash it's ATH with the massive run in the past 48 hours.
Now look at the chart below and it's kinda obvious that you should buy $INJ
The earlier you start DCAing into $INJ dips, the earlier your ticket to generational wealth arrives!
CT has being predicting a downward trend due to the fact that the token hasn't been pumping with the $BTC run but for the umpteenth time, $INJ has pumped solo.
That's just the future of finance proving that it's built different!
Hydro set the pace! Good to see healthy competition emerging from Gryphon.
Hydro and Gryphon are Liquid Staking Derivative platforms built on Injective.
As the name implies, this platforms enables you to mint your native asset ($INJ ) on a 1:1 ratio for a derivative of $INJ of which $hINJ is the ticker in the case of Hydro.
This derivative is liquid and can be used for various purpose like trading and lp farming and can be swapped back to $INJ
Liquid Staking will open a lot of opportunities and attract a lot of users to the Injective chain.
With Hydro hitting a TVL of $100M in 10 days, Gryphon has the possibility of attaining similar feats as it's still in an incentivised testnet phase.
At this point, if you're not bullish on Injective, you'll be back to the chain in the future when it has established it's status as the Hub of Decentralized Finance.
Binance Square #Write2Earn: Enjoy Up to 5% Trading Fee Commissions With Your Binance Square Posts!
This is a general announcement. Products and services referred to here may not be available in your region. Binance Square is pleased to launch the #Write2Earn promotion for all Binance Square creators. Eligible Binance Square creators who post qualified content on Binance Square during the Promotion Period, may each earn up to 5% trading fee commissions from their readers’ spot, margin and/or futures trade(s) on a first-come, first-served basis. Promotion Period: 2024-01-22 00:00 (UTC) to 2024-02-25 23:59 (UTC) How to Participate Login to your Binance account, and go to Binance Square.Publish qualified content pieces (i.e., short posts, long articles or polls) that include the #Write2Earn hashtag and at least 200 characters. Get up to 5% in trading fee commissions from regular and VIP 1-2 users’ spot, margin and futures trade(s) (excluding copy trading) when they engage with your qualified content pieces (e.g., via likes, shares, quotes, comments), and complete the trade(s) within 180 minutes after the engagement. Rewards Structure Commissions rewards will be distributed in the form of USDT token vouchers to eligible Binance Square creators on a first-come, first-served basis. A total of 10,000 USDT in token vouchers is available in this promotion.If a regular or VIP 1-2 user engage with one or more qualified content piece(s) on Binance Square within 180 minutes before trading on Spot, Margin and/or Futures (excluding copy trading) during the Promotion Period, the eligible Binance Square creator(s) of these content piece(s) will qualify to equally share 5% in trading fee commissions from the above trade(s). Post on Binance Square Now to Earn 5% Commission! Notes Content pieces that contain descriptions encouraging or urging users to like, share, quote, comment, etc., will not qualify the creators for any commission rewards.For each day of the Promotion Period, the maximum commission that an eligible Binance Square creator may receive is a 50 USDT token voucher. Commission rewards will only be distributed when the value of the reward is at least 0.1 USDT. Binance Square creators will not be eligible to earn any trading fee commissions from their own spot, margin, or futures trades.The commission rewards in this promotion is on top of commission-based rewards from the Standard Referral Mode. About Binance Square Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing users’ feeds based on their respective engagement history. For More Information What Is Binance Square and Frequently Asked Questions Terms & Conditions This promotion may not be available in your region. Only Binance Square Creators who complete account verification are eligible to participate in this promotion. Media, project, or business/organization accounts are not eligible to join this promotion.Only short posts, long articles or polls that include the #Write2Earn hashtag and at least 200 characters will count as qualified content pieces. Content pieces that contain descriptions encouraging or urging users to like, share, quote, comment, etc., will not qualify the creators for any commission rewards from this promotion.Rewards Calculation and DistributionBinance will use the real-time exchange rates to calculate the commission rewards from every spot, margin and/or futures trade (excluding copy trading). Commission rewards will only be distributed to qualified Binance Square creators when the value of the overall commission rewards accumulated during the Promotion Period is at least 0.1 USDT. For eligible Binance Square creators who accumulate at least 0.1 USDT of commission rewards in each week of the Promotion Period, Binance Square will publish their weekly performances via its official account by the following Wednesday at 23:59 (UTC). Each week runs from Monday, 00:00 (UTC) to Sunday, 23:59 (UTC). Each day runs from 00:00 (UTC) to 23:59 (UTC). The USDT token voucher rewards will be distributed within 15 working days after the promotion ends. Upon successful distribution of rewards, winners will be notified via a separate push notification under Creator Center > Square Assistant. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this promotion if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this promotion.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Thank you for your support! Binance Team 2024-01-22
Memecoins on Injective: Hype or Sustainable Boost with Mito Finance?
The buzz around memecoins has reached Injective, a Layer-1 blockchain fueling Decentralized Finance (DeFi). These trendy tokens, often fueled by community passion and speculation, raise questions about their potential impact on Injective's total value locked (TVL). While Injective isn't just a simple DEX, it boasts a budding DeFi ecosystem where memecoins could play a curious role.Hype and Potential Growth:• Community Buzz: Memecoins attract passionate communities, potentially drawing new users
Demystifying the tech behind the uptrending CW20 tokens with Injective
Understanding CW20 Tokens: The Injective narrative. Ethereum is notorious for it's multiple token standards from ERC-20 to ERC-721, from ERC-1155 to ERC-721H.Even Bitcoin is popular for the BRC-20 standard and Ordinals but have you wondered what standard tokens in Injective are run on?CW20 refers to a standard for fungible tokens built on top of CosmWasm smart contracts. The smart contract upon which every infrastructure in Injective is built on. These tokens are essentially digital assets repre