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We are here with the latest updates! What are the Most Talked Projects on Social Media?
Dogita Project Solana continues to do great work through $SOL . They did a great job collecting exactly 1300+ Sol. Now I will wait for the process and continue to follow this project, which takes security measures with Kyc and Audit.
Another press release of the project, which has 21 hours left for launch, is as follows; Excited to announce that DOGITA is sponsoring Solana Summer APAC 2024!
Experience the power of collaboration at Solana Summit. Next-gen founders and developers, let’s shape the future together!
I will follow the project, which has many fans and holders, with curiosity.
♦️Disclaimer: All the projects described and mentioned here are just ideas and will definitely not give you information for buying and selling. When making your investments, please know that the crypto and meme token world is risky and the market is volatile and take your own responsibility.
DYOR !
#memecoin #Bitcoin
Dogita Project Solana continues to do great work through $SOL . They did a great job collecting exactly 1300+ Sol. Now I will wait for the process and continue to follow this project, which takes security measures with Kyc and Audit.
Another press release of the project, which has 21 hours left for launch, is as follows; Excited to announce that DOGITA is sponsoring Solana Summer APAC 2024!
Experience the power of collaboration at Solana Summit. Next-gen founders and developers, let’s shape the future together!
I will follow the project, which has many fans and holders, with curiosity.
♦️Disclaimer: All the projects described and mentioned here are just ideas and will definitely not give you information for buying and selling. When making your investments, please know that the crypto and meme token world is risky and the market is volatile and take your own responsibility.
DYOR !
#memecoin #Bitcoin
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🤑 Are you ready to make money? I'm telling !
Binance announced that its 55th new coin mining project is io.net (IO) and that it will launch IO/BTC, IO/USDT, IO/BNB, IO/FDUSD and IO/TRY trading markets on June 11 at 15:00 Turkey time. As soon as this news broke, the communities that made big money immediately became active.
IO LAUNCHPOOL VE KAZAN ! 👈
io.net is a decentralized computing network that builds a two-sided market around chips. The supply side is the computing power of chips deployed around the world (mainly GPUs, but also CPUs and Apple iGPU, etc.), and the demand side is AI engineers looking to complete AI model training or reasoning tasks. Its mission is to integrate millions of GPUs into the DePIN network.
#IOLaunchpool
“My price prediction will be between $2.5 - $4.5. Therefore, joining the launch pools will be a great opportunity for all Binance users.”
The core team was initially formed to engage in quantitative trading, and by June 2022 they had focused on developing institutional-grade quantitative trading systems for stocks and crypto assets. Due to the need for computing power at the backend of the system, the team began exploring the possibility of decentralized computing.
According to the official document published by Io.net, its native token is IO, the maximum token supply is fixed at 800 million and the initial supply is 500 million IO.
Community: 250,000,000 IO, 50.00% of total supply;
R&D and Ecosystem: 80,000,000 IO, accounting for 16.00% of the total supply;
Seed investors: 62,000,000 IO, 12.50% of total supply
At the same time, IO was also launched in the Whales Pre-Market, and the total transaction volume of IO reached 5.93 million US dollars, ranking first in the Pre-Market.
Binance announced that its 55th new coin mining project is io.net (IO) and that it will launch IO/BTC, IO/USDT, IO/BNB, IO/FDUSD and IO/TRY trading markets on June 11 at 15:00 Turkey time. As soon as this news broke, the communities that made big money immediately became active.
IO LAUNCHPOOL VE KAZAN ! 👈
io.net is a decentralized computing network that builds a two-sided market around chips. The supply side is the computing power of chips deployed around the world (mainly GPUs, but also CPUs and Apple iGPU, etc.), and the demand side is AI engineers looking to complete AI model training or reasoning tasks. Its mission is to integrate millions of GPUs into the DePIN network.
#IOLaunchpool
“My price prediction will be between $2.5 - $4.5. Therefore, joining the launch pools will be a great opportunity for all Binance users.”
The core team was initially formed to engage in quantitative trading, and by June 2022 they had focused on developing institutional-grade quantitative trading systems for stocks and crypto assets. Due to the need for computing power at the backend of the system, the team began exploring the possibility of decentralized computing.
According to the official document published by Io.net, its native token is IO, the maximum token supply is fixed at 800 million and the initial supply is 500 million IO.
Community: 250,000,000 IO, 50.00% of total supply;
R&D and Ecosystem: 80,000,000 IO, accounting for 16.00% of the total supply;
Seed investors: 62,000,000 IO, 12.50% of total supply
At the same time, IO was also launched in the Whales Pre-Market, and the total transaction volume of IO reached 5.93 million US dollars, ranking first in the Pre-Market.
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Lista Dao - 2nd Project on Binance Megadrop! Bullish Insights and how to participate
Hey Folks, Lista Dao is the 2nd Project on Binance Megadrop. Let's dive in what's exactly Lista Dao and how to get maximum Rewards from the Megadrop Campaign!
EVERYTHING YOU NEED TO KNOW ABOUT LISTA DAO!
Lista DAO is a BNB liquid staking protocol and decentralized stablecoin platform that enables users to stake their BNB in exchange for the LS token slisBNB. The slisBNB, along with other LSTs, can not only be used in the LPs of various DeFi applications but also as collateral for borrowing the lisUSD stablecoin by providing LSTs as collateral on its platform.
It is powered by the native $LISTA governance token, designed to serve as a main criteria for granting access to the DAO votings.
The platform’s contribution to the BNB chain network ecosystem was recognized by Binance Labs, which invested over $10M into the project on August 11th, 2023.
Lista DAO, previously known as Helio protocol, is a BNB liquid staking protocol and decentralized stablecoin, which allows users to earn yield from BNB staking in exchange for the slisBNB token. The slisBNB token is a liquid staking token of the Lista DAO protocol, which can be used in other DeFi LPs across the BNB chain network to earn additional APR, as well as may be used as collateral for lending lisUSD, Lista’s decentralized stablecoin.
The minting mechanism of the Lista stablecoin is quite similar to that of MakerDAO’s, but unlike the MakerDAO platform, Lista protocol enables depositing collaterals in the form of LSTs such as slisBNB, WBETH, ezETH, and others. This provides the BNB chain with an additional level of liquidity while adding more features to the BNB network’s liquid staking tokens.
After the merge of Helio Money and Synclub on February 6th, 2024, the platform rebranded itself into the List DAO.
🪙$LISTA token: The entire liquid staking protocol is powered by the governance token $LISTA. Its main role is enabling users to vote on various governance proposals and granting weight to each community member's vote, which directly depends on the amount of tokens staked on the platform.
I'm super hyped about Lista Dao for the following reasons:
🔥The concept and design of the product aligns with the current “liquid staking and staking” trends. It is also of the few startups focused on BNB liquid staking and adding more features to such LSTs;
🔥The platform was audited multiple times by the top tier security companies;
🔥Strong PR and Growth Marketing performance;
🔥Above the average Marketing Infrastructure, SMM and Influencer Marketing score;
🔥Binance Labs invested into the project;
🔥Presence of the strong network of partners supporting the project;
🔥Upcoming Listing of the $LISTA token on the Binance exchange;
🔥Experienced leadership team: the BD lead and COO previously worked for Binance.
Take a look also at the bullish Roadmap
The current price on $Lista OTC is around $1! I am expecting multiple X on it's listing on #Binance
Lista Megadrop Details:
👉Token Name: Lista (LISTA)
👉Max Token Supply: 1,000,000,000 LISTA
👉Megadrop Token Rewards: 100,000,000 LISTA (10% of max token supply)
👉Initial Circulating Supply: 230,000,000 LISTA (23% of max token supply)
🔥Start farming $Lista here:
https://www.binance.com/en/megadrop
How to participate in the Megadrop. Full Instructions
Step 1: Go to Earn section
Step 2: Search for BNB. Select 15-120 days
You can choose a fixed lock from 15 to 120 days, the longer the lock, the higher the score coefficient. Of course saying that 120 days will be the best option to maximize your Earnings!
Step 3: Select quantity and click "Confirm" to complete the step of locking BNB on the exchange
👉You can keep your BNB and BTC on Spot and participate.
Reward Mechanism Based on Points
Total Points = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score is based on the amount of BNB locked and the lock duration. The Web3 Quest Multiplier is applied to the Locked BNB Score when all Web3 Quests are completed.
The higher your total points, the greater your rewards.
How is Megadrop Different from Launchpool?
Some key differences between Megadrop and Launchpool include:
👉Participation Method: Megadrop allows users to participate by subscribing to BNB and/or completing Web3 tasks. Binance Launchpool only allows users to participate by subscribing to BNB or designated tokens.
👉Token Subscription: Megadrop only utilizes BNB Locked Products for token subscription. Binance Launchpool offers more diversity by allowing users to subscribe to tokens through BNB Locked Products, BNB Vault, or direct staking in Launchpool.
👉Reward Calculation: Megadrop rewards are based on the amount of BNB locked by users and the duration of lock, combined with the completion of Web3 Quests. Binance Launchpool rewards are based on the volume of subscriptions to Launchpool.
👉Reward Enhancement: Megadrop allows users to enhance their rewards by completing tasks within the Binance Web3 Wallet. Binance Launchpool does not offer this feature.
HAPPY FARMING 🚜
#ListaMegadrop #Megadrop
EVERYTHING YOU NEED TO KNOW ABOUT LISTA DAO!
Lista DAO is a BNB liquid staking protocol and decentralized stablecoin platform that enables users to stake their BNB in exchange for the LS token slisBNB. The slisBNB, along with other LSTs, can not only be used in the LPs of various DeFi applications but also as collateral for borrowing the lisUSD stablecoin by providing LSTs as collateral on its platform.
It is powered by the native $LISTA governance token, designed to serve as a main criteria for granting access to the DAO votings.
The platform’s contribution to the BNB chain network ecosystem was recognized by Binance Labs, which invested over $10M into the project on August 11th, 2023.
Lista DAO, previously known as Helio protocol, is a BNB liquid staking protocol and decentralized stablecoin, which allows users to earn yield from BNB staking in exchange for the slisBNB token. The slisBNB token is a liquid staking token of the Lista DAO protocol, which can be used in other DeFi LPs across the BNB chain network to earn additional APR, as well as may be used as collateral for lending lisUSD, Lista’s decentralized stablecoin.
The minting mechanism of the Lista stablecoin is quite similar to that of MakerDAO’s, but unlike the MakerDAO platform, Lista protocol enables depositing collaterals in the form of LSTs such as slisBNB, WBETH, ezETH, and others. This provides the BNB chain with an additional level of liquidity while adding more features to the BNB network’s liquid staking tokens.
After the merge of Helio Money and Synclub on February 6th, 2024, the platform rebranded itself into the List DAO.
🪙$LISTA token: The entire liquid staking protocol is powered by the governance token $LISTA. Its main role is enabling users to vote on various governance proposals and granting weight to each community member's vote, which directly depends on the amount of tokens staked on the platform.
I'm super hyped about Lista Dao for the following reasons:
🔥The concept and design of the product aligns with the current “liquid staking and staking” trends. It is also of the few startups focused on BNB liquid staking and adding more features to such LSTs;
🔥The platform was audited multiple times by the top tier security companies;
🔥Strong PR and Growth Marketing performance;
🔥Above the average Marketing Infrastructure, SMM and Influencer Marketing score;
🔥Binance Labs invested into the project;
🔥Presence of the strong network of partners supporting the project;
🔥Upcoming Listing of the $LISTA token on the Binance exchange;
🔥Experienced leadership team: the BD lead and COO previously worked for Binance.
Take a look also at the bullish Roadmap
The current price on $Lista OTC is around $1! I am expecting multiple X on it's listing on #Binance
Lista Megadrop Details:
👉Token Name: Lista (LISTA)
👉Max Token Supply: 1,000,000,000 LISTA
👉Megadrop Token Rewards: 100,000,000 LISTA (10% of max token supply)
👉Initial Circulating Supply: 230,000,000 LISTA (23% of max token supply)
🔥Start farming $Lista here:
https://www.binance.com/en/megadrop
How to participate in the Megadrop. Full Instructions
Step 1: Go to Earn section
Step 2: Search for BNB. Select 15-120 days
You can choose a fixed lock from 15 to 120 days, the longer the lock, the higher the score coefficient. Of course saying that 120 days will be the best option to maximize your Earnings!
Step 3: Select quantity and click "Confirm" to complete the step of locking BNB on the exchange
👉You can keep your BNB and BTC on Spot and participate.
Reward Mechanism Based on Points
Total Points = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score is based on the amount of BNB locked and the lock duration. The Web3 Quest Multiplier is applied to the Locked BNB Score when all Web3 Quests are completed.
The higher your total points, the greater your rewards.
How is Megadrop Different from Launchpool?
Some key differences between Megadrop and Launchpool include:
👉Participation Method: Megadrop allows users to participate by subscribing to BNB and/or completing Web3 tasks. Binance Launchpool only allows users to participate by subscribing to BNB or designated tokens.
👉Token Subscription: Megadrop only utilizes BNB Locked Products for token subscription. Binance Launchpool offers more diversity by allowing users to subscribe to tokens through BNB Locked Products, BNB Vault, or direct staking in Launchpool.
👉Reward Calculation: Megadrop rewards are based on the amount of BNB locked by users and the duration of lock, combined with the completion of Web3 Quests. Binance Launchpool rewards are based on the volume of subscriptions to Launchpool.
👉Reward Enhancement: Megadrop allows users to enhance their rewards by completing tasks within the Binance Web3 Wallet. Binance Launchpool does not offer this feature.
HAPPY FARMING 🚜
#ListaMegadrop #Megadrop
get the info of Bouncebit thru this article, relevant and great
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BounceBit on Binance Megadrop. Insights and How to participate and maximize your Earnings!
Megadrop represents Binance's latest innovation, serving as a novel token introduction platform that features airdrops and Web3 assignments. Participants can pledge BNB to Fixed Products and engage in Web3 Wallet activities to secure early rewards from select Web3 initiatives, ahead of their token listings on the Binance Exchange.
It bears resemblance to Launchpool, yet it integrates Binance’s Web3 wallet tasks, enhancing user familiarity and proficiency with its operations. Through the completion of straightforward tasks, participants accumulate points that translate into future rewards.
The formula for calculating total points is given by:
Total Points=(Locked BNB Points×Web3 Task Multiplier)+Web3 Task Rewards
About BounceBit - The 1st Project on Megadrop
BounceBit is a unique platform designed specifically for Bitcoin, offering a restaking chain that is supported by notable investors such as Blockchain Capital and Breyer Capital. Its main goal is to establish a dedicated smart contract execution environment for Bitcoin. The platform introduces innovative concepts like the App Store and BounceBox, which allow users to quickly deploy decentralized applications within the Bitcoin ecosystem.
Furthermore, BounceBit is recognized as the first native staking chain for Bitcoin, employing a dual-token system to enhance the staking process. It combines the security of Bitcoin with full Ethereum Virtual Machine (EVM) compatibility, providing a secure and convenient restaking experience. The platform uses a Proof-of-Stake (PoS) consensus mechanism and offers transparent financial services to address issues in traditional Bitcoin finance. By enabling BTC holders to participate in DeFi and CeFi markets, BounceBit aims to increase liquidity and utility for Bitcoin in a transparent and efficient manner.
In summary, BounceBit is redefining the interaction with Bitcoin by offering a more inclusive and dynamic financial ecosystem through its restaking chain, smart contract features, and unification across multiple chains.
The BounceBit PoS Chain will be the first showcase of BTC Restaking infrastructure. It is secured by validators staking BTC and staking BounceBit’s native token — A dual-token system leveraging native Bitcoin’s security, liquidity and low volatility. Unlike existing Layer 2 solutions, BounceBit interacts with Bitcoin only on the asset level instead of the protocol level, taking a Layer 1 Proof of Stake approach.
BTC in regulated CeFi Custody is locked so that the user can mint a wrapped version of BTC on the BounceBit chain, we call it bounceBTC. This BTC can be delegated to node operators, that return a voucher to the staker, stBTC. This liquid staking derivative can then be restaked to other SSCs, like sidechains, bridges and oracles, or be used to participate in further yield generation. All of this happens, while the BTC in the regulated custody is earning risk-free yield through funding rate arbitrage.
Of course for me every single Project coming on Binance I am super Bullish on BounceBit as well and I believe long-term will give really good ROI!
How to participate in Megadrop?
Step 1: Go to Earn section
Step 2: Search for BNB. Select 15-120 days
You can choose a fixed lock from 15 to 120 days, the longer the lock, the higher the score coefficient. Of course saying that 120 days will be the best option to maximize your Earnings!
Step 3: Select quantity and click "Confirm" to complete the step of locking BNB on the exchange
How to access Binance Megadrop?
👉Binance App > More > Others > Megadrop > BounceBit > Quest
Web3 Quests on BounceBit
👉The quest for our Megadrop is as follows: “Stake 0.0001 BTCB to BounceBit”
You’ll need BNB for gas fees and a little bit more than 0.0001 BTCB, since the withdrawal fee for BTCB is paid in BTCB, we suggest withdrawing at least 0.000111 BTCB.
How to complete the quest?
👉Ensure you have enough BNB for the gas fee.
👉Click “Start Now” via Binance Web3 Wallet.
👉Select “BNB Chain” as your network.
👉Enter the amount of BTCB to deposit.
👉The first transaction approves your spending cap on BTCB with BounceBit.
👉The second transaction deposits your BTCB into BounceBit.
🔥The best in the Megadrop Program is that you can keep your $BTC and $BNB on Spot! Don't forget that!
#BOUNCEBITLAUNCHPOOL #Megadrop
It bears resemblance to Launchpool, yet it integrates Binance’s Web3 wallet tasks, enhancing user familiarity and proficiency with its operations. Through the completion of straightforward tasks, participants accumulate points that translate into future rewards.
The formula for calculating total points is given by:
Total Points=(Locked BNB Points×Web3 Task Multiplier)+Web3 Task Rewards
About BounceBit - The 1st Project on Megadrop
BounceBit is a unique platform designed specifically for Bitcoin, offering a restaking chain that is supported by notable investors such as Blockchain Capital and Breyer Capital. Its main goal is to establish a dedicated smart contract execution environment for Bitcoin. The platform introduces innovative concepts like the App Store and BounceBox, which allow users to quickly deploy decentralized applications within the Bitcoin ecosystem.
Furthermore, BounceBit is recognized as the first native staking chain for Bitcoin, employing a dual-token system to enhance the staking process. It combines the security of Bitcoin with full Ethereum Virtual Machine (EVM) compatibility, providing a secure and convenient restaking experience. The platform uses a Proof-of-Stake (PoS) consensus mechanism and offers transparent financial services to address issues in traditional Bitcoin finance. By enabling BTC holders to participate in DeFi and CeFi markets, BounceBit aims to increase liquidity and utility for Bitcoin in a transparent and efficient manner.
In summary, BounceBit is redefining the interaction with Bitcoin by offering a more inclusive and dynamic financial ecosystem through its restaking chain, smart contract features, and unification across multiple chains.
The BounceBit PoS Chain will be the first showcase of BTC Restaking infrastructure. It is secured by validators staking BTC and staking BounceBit’s native token — A dual-token system leveraging native Bitcoin’s security, liquidity and low volatility. Unlike existing Layer 2 solutions, BounceBit interacts with Bitcoin only on the asset level instead of the protocol level, taking a Layer 1 Proof of Stake approach.
BTC in regulated CeFi Custody is locked so that the user can mint a wrapped version of BTC on the BounceBit chain, we call it bounceBTC. This BTC can be delegated to node operators, that return a voucher to the staker, stBTC. This liquid staking derivative can then be restaked to other SSCs, like sidechains, bridges and oracles, or be used to participate in further yield generation. All of this happens, while the BTC in the regulated custody is earning risk-free yield through funding rate arbitrage.
Of course for me every single Project coming on Binance I am super Bullish on BounceBit as well and I believe long-term will give really good ROI!
How to participate in Megadrop?
Step 1: Go to Earn section
Step 2: Search for BNB. Select 15-120 days
You can choose a fixed lock from 15 to 120 days, the longer the lock, the higher the score coefficient. Of course saying that 120 days will be the best option to maximize your Earnings!
Step 3: Select quantity and click "Confirm" to complete the step of locking BNB on the exchange
How to access Binance Megadrop?
👉Binance App > More > Others > Megadrop > BounceBit > Quest
Web3 Quests on BounceBit
👉The quest for our Megadrop is as follows: “Stake 0.0001 BTCB to BounceBit”
You’ll need BNB for gas fees and a little bit more than 0.0001 BTCB, since the withdrawal fee for BTCB is paid in BTCB, we suggest withdrawing at least 0.000111 BTCB.
How to complete the quest?
👉Ensure you have enough BNB for the gas fee.
👉Click “Start Now” via Binance Web3 Wallet.
👉Select “BNB Chain” as your network.
👉Enter the amount of BTCB to deposit.
👉The first transaction approves your spending cap on BTCB with BounceBit.
👉The second transaction deposits your BTCB into BounceBit.
🔥The best in the Megadrop Program is that you can keep your $BTC and $BNB on Spot! Don't forget that!
#BOUNCEBITLAUNCHPOOL #Megadrop
Farming on Binance Launchpool with RENZO, excited to be and more anticipated.
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Renzo - Lastest Updates. Less than 2 days to farm on Binance Launchpool
Hey Folks, if you still wondering what to do with your BNB or FDUSD the best is to stake them and start farming Renzo! Also when you stake your BNB you also participate in Binance Megadrop Program!
Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking.
The protocol abstracts all complexity from the end-user and enables easy collaboration between users and EigenLayer node operators.
Lastest Updates
Based on Community Feedback Renzo team updated:
🔥Claim timeline
🔥Tokenomics
🔥Airdrop eligibility
💪Snapshot & Claim Timeline:
👉Snapshot date remains on April 26th, 2024
👉Claim date is changing to April 30th, 2024
(1 hour before Binance listing)
💪Tokenomics Update:
👉Community: Total increasing from 30% to 32%
👉Total Airdrop allocation increasing from 10% to 12%
🔥Season 1 increased from 5% to 7% total supply
🔥(2% increase is coming from Liquidity (MMs) & Foundation)
Season 2 allocation remains at 5% total supply
💪Binance Launch pool:
👉Remains at 2.5% total supply
🔥Airdrop Eligibility:
👉Minimum qualification is 360 ezPoints per wallet
👉Majority of all eligible wallets, greater than 99%, are fully unlocked at TGE
👉Higher threshold is being applied for the largest wallets. Wallets with more than 500k ezPoints will unlock 50% at TGE with the remainder now vesting linearly over 3 months.
They also announced the start of Season 2 of ezPoints which will run for 3 months
✅ 5% of total supply
🔥 Season 1 participants will receive a 10% boost
🔍 Explore new rewards for key DeFi partners
🚀 Claims go live April 30th at 11:00 UTC
New ezPoints Rewards:
🔥pendle_fi - 4X ezPoints boost
🔥Balancer / AuraFinance - 4X ezPoints boost
🔥CurveFinance - 4X ezPoints boost
🔥ThrusterFi / hyperlockfi Juice_Finance - 4X ezPoints boost
🔥kimprotocol - 4X ezPoints boost
🔥NileExchange - 4X ezPoints boost
👉Claims:
🔥Starting April 30th at 11:00 UTC, 1 hour prior to the binance listing, the Season 1 airdrop claim window will open. Users will have 30 days to claim their $REZ at claim.renzoprotocol.com. Any unclaimed tokens will be added to the Season 2 airdrop.
👉Stake your BNB or FDUSD and start farming Renzo here:
https://launchpad.binance.com/en/launchpool/REZ
Happy Farming 🚜🚜🚜
#BinanceLaunchpool #RENZOLAUNCHPOOL
Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking.
The protocol abstracts all complexity from the end-user and enables easy collaboration between users and EigenLayer node operators.
Lastest Updates
Based on Community Feedback Renzo team updated:
🔥Claim timeline
🔥Tokenomics
🔥Airdrop eligibility
💪Snapshot & Claim Timeline:
👉Snapshot date remains on April 26th, 2024
👉Claim date is changing to April 30th, 2024
(1 hour before Binance listing)
💪Tokenomics Update:
👉Community: Total increasing from 30% to 32%
👉Total Airdrop allocation increasing from 10% to 12%
🔥Season 1 increased from 5% to 7% total supply
🔥(2% increase is coming from Liquidity (MMs) & Foundation)
Season 2 allocation remains at 5% total supply
💪Binance Launch pool:
👉Remains at 2.5% total supply
🔥Airdrop Eligibility:
👉Minimum qualification is 360 ezPoints per wallet
👉Majority of all eligible wallets, greater than 99%, are fully unlocked at TGE
👉Higher threshold is being applied for the largest wallets. Wallets with more than 500k ezPoints will unlock 50% at TGE with the remainder now vesting linearly over 3 months.
They also announced the start of Season 2 of ezPoints which will run for 3 months
✅ 5% of total supply
🔥 Season 1 participants will receive a 10% boost
🔍 Explore new rewards for key DeFi partners
🚀 Claims go live April 30th at 11:00 UTC
New ezPoints Rewards:
🔥pendle_fi - 4X ezPoints boost
🔥Balancer / AuraFinance - 4X ezPoints boost
🔥CurveFinance - 4X ezPoints boost
🔥ThrusterFi / hyperlockfi Juice_Finance - 4X ezPoints boost
🔥kimprotocol - 4X ezPoints boost
🔥NileExchange - 4X ezPoints boost
👉Claims:
🔥Starting April 30th at 11:00 UTC, 1 hour prior to the binance listing, the Season 1 airdrop claim window will open. Users will have 30 days to claim their $REZ at claim.renzoprotocol.com. Any unclaimed tokens will be added to the Season 2 airdrop.
👉Stake your BNB or FDUSD and start farming Renzo here:
https://launchpad.binance.com/en/launchpool/REZ
Happy Farming 🚜🚜🚜
#BinanceLaunchpool #RENZOLAUNCHPOOL
informative article and great project anticipaed on this
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Bullish
Renzo is the 53th Project on #BinanceLaunchpool
Renzo Protocol is a liquid staking platform and EigenLayer strategy manager. It enables users to stake their ETH in exchange for staking and restaking APR, as well as ezETH LST that can be used in various DeFi applications to earn additional rewards. It is powered by the native Renzo token ($REZ), which will be used for participating in the platform’s governance voting.
To participate in the $REZ IEO on Binance, you need to have a registered account and complete KYC verification on Binance. Then, you should acquire some BNB or FDUSD tokens on your Binance account, visit the launchpool page, pick a Renzo IEO page, and stake those tokens.
On an hourly basis, you will receive rewards proportional to your share in the FDUSD and BNB staking pools, while the total rewards for each staking pool are:
212,500,000 $REZ for BNB staking pool (85% of total rewards);
37,500,000 $REZ for FDUSD staking pool (15% of total rewards).
🔥PRO TIP 1: While the rewards for the BNB staking pool are much higher than for FDUSD, consider that the FDUSD pool usually has much less value locked. This means that your share in the FDUSD pool might be significantly higher than in the BNB pool, leading to higher rewards.
🔥PRO TIP 2: Staking your $BNB also gives very good benefits cause you are enrolled also in Binance Megadrop Program where you can earn another free tokens!
IMPORTANT RECENT UPDATES FROM RENZO
🔥With the successful upgrade to EigenLayer M2 contracts, the Renzo team has prioritized working with multiple audit firms to prepare the protocol for Mainnet withdrawals:
🔥HalbornSecurity, a trusted partner from Day 1 is doing a full re-audit of the protocol to be complete mid May
🔥Sigma Prime a new audit partner is scheduled to be complete by the end of May
🔥Code4rena audit contest is scheduled to begin the first week of May.
👉 Around 3 days to go for Farming Folks, don't wait for the last moment! Just stake your BNB or FDUSD here:
https://launchpad.binance.com/en
#RENZOLAUNCHPOOL
Renzo Protocol is a liquid staking platform and EigenLayer strategy manager. It enables users to stake their ETH in exchange for staking and restaking APR, as well as ezETH LST that can be used in various DeFi applications to earn additional rewards. It is powered by the native Renzo token ($REZ), which will be used for participating in the platform’s governance voting.
To participate in the $REZ IEO on Binance, you need to have a registered account and complete KYC verification on Binance. Then, you should acquire some BNB or FDUSD tokens on your Binance account, visit the launchpool page, pick a Renzo IEO page, and stake those tokens.
On an hourly basis, you will receive rewards proportional to your share in the FDUSD and BNB staking pools, while the total rewards for each staking pool are:
212,500,000 $REZ for BNB staking pool (85% of total rewards);
37,500,000 $REZ for FDUSD staking pool (15% of total rewards).
🔥PRO TIP 1: While the rewards for the BNB staking pool are much higher than for FDUSD, consider that the FDUSD pool usually has much less value locked. This means that your share in the FDUSD pool might be significantly higher than in the BNB pool, leading to higher rewards.
🔥PRO TIP 2: Staking your $BNB also gives very good benefits cause you are enrolled also in Binance Megadrop Program where you can earn another free tokens!
IMPORTANT RECENT UPDATES FROM RENZO
🔥With the successful upgrade to EigenLayer M2 contracts, the Renzo team has prioritized working with multiple audit firms to prepare the protocol for Mainnet withdrawals:
🔥HalbornSecurity, a trusted partner from Day 1 is doing a full re-audit of the protocol to be complete mid May
🔥Sigma Prime a new audit partner is scheduled to be complete by the end of May
🔥Code4rena audit contest is scheduled to begin the first week of May.
👉 Around 3 days to go for Farming Folks, don't wait for the last moment! Just stake your BNB or FDUSD here:
https://launchpad.binance.com/en
#RENZOLAUNCHPOOL
Excited to be part of supporting $REZ
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🔥💥Binance 53 Launchpool Project Renzo overview #BNB Staking use case review
Renzo Launchpool details 🔥👈
Overview of the Renzo (#REZ ) Protocol
Renzo (REZ) is a groundbreaking liquid repurchase protocol designed to increase staking and liquidity in the crypto ecosystem. This protocol offers the possibility of maintaining stake liquidity while protecting assets, which is usually not possible in traditional staking scenarios where objects are locked.
Earning REZ Tokens by Farming
Starting at 00:00 UTC on April 24, 2024, users will have the opportunity to farm REZ tokens by staking BNB and FDUSD in separate pools. This ploughing will end at 23:59 UTC on April 29, 2024.
The Tokenomics of REZ
- Maximum Token Supply: 10 billion REZ tokens
- Launchpool Token Rewards: 250 million REZ tokens (2.5% of the maximum supply)
- Initial Circulating Supply: 1.05 billion REZ tokens (10.5% of the maximum supply)
Staking Details
In order for participants to be eligible, the Know Your Customer (KYC) procedures must be completed. In addition, there are restrictions on the REZ token exchange periods that a student can earn, which are set at 147,569.44 REZ in the BNB pool and 26,041.67 REZ in the FDUSD pool.
Supported Pools
- BNB Pool: worth 212.5 million REZ (85% of the total prices)
Staking BNB
- FDUSD Pool: worth 37.5 million REZ (15% of total prices)
Stake FDUSD
Listing and Trading
Binance plans to list REZ tokens on April 30, 2024, at 12:00 UTC. The available trading pairs will be REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY. This listing will take place immediately after the development of farming, allowing users to immediately trade tokens of farming activities.
#RENZOLAUNCHPOOL #BinanceLaunchpool
Renzo Launchpool details 🔥👈
Overview of the Renzo (#REZ ) Protocol
Renzo (REZ) is a groundbreaking liquid repurchase protocol designed to increase staking and liquidity in the crypto ecosystem. This protocol offers the possibility of maintaining stake liquidity while protecting assets, which is usually not possible in traditional staking scenarios where objects are locked.
Earning REZ Tokens by Farming
Starting at 00:00 UTC on April 24, 2024, users will have the opportunity to farm REZ tokens by staking BNB and FDUSD in separate pools. This ploughing will end at 23:59 UTC on April 29, 2024.
The Tokenomics of REZ
- Maximum Token Supply: 10 billion REZ tokens
- Launchpool Token Rewards: 250 million REZ tokens (2.5% of the maximum supply)
- Initial Circulating Supply: 1.05 billion REZ tokens (10.5% of the maximum supply)
Staking Details
In order for participants to be eligible, the Know Your Customer (KYC) procedures must be completed. In addition, there are restrictions on the REZ token exchange periods that a student can earn, which are set at 147,569.44 REZ in the BNB pool and 26,041.67 REZ in the FDUSD pool.
Supported Pools
- BNB Pool: worth 212.5 million REZ (85% of the total prices)
Staking BNB
- FDUSD Pool: worth 37.5 million REZ (15% of total prices)
Stake FDUSD
Listing and Trading
Binance plans to list REZ tokens on April 30, 2024, at 12:00 UTC. The available trading pairs will be REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY. This listing will take place immediately after the development of farming, allowing users to immediately trade tokens of farming activities.
#RENZOLAUNCHPOOL #BinanceLaunchpool
Binance launch projects very excited to hear
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Renzo - Everything you need to know about the 53th Binance Launchpool Project + Recent Updates
Renzo protocol is a liquid staking platform and strategy manager built on EigenLayer. It allows users to stake their ETH in exchange for APR from native staking and restaking on EigenLayer, as well as the liquid staking of token from Renzo (ezETH), which can be utilized in various DeFi applications. The platform's governance layer is powered by the native $REZ token, the primary role of which is granting users access to DAO votings within the platform.
Since its inception in mid-2023, the company has garnered the attention of leading funds and investors such as Binance Labs, OKX Ventures, and others, securing over $3.2 million from them.
Renzo restaking protocol aims to provide users with an interface for the EigenLayer ecosystem not only on Ethereum but also on Arbitrum, Linea, Mode, Base, BNB and OKX L2 chain networks.
As a liquid staking protocol, Renzo offers users a ezETH - Renzo liquid staking token in exchange for staking ETH on its platform. This token is equivalent in value to the amount of ETH contributed to Renzo. The APR for staking ETH can be tracked via the growth of ezETH. Initially, this ratio is 1:1, but over time, it increases in value according to the APR promised by the platform.
However, unlike the other protocols, the rise of value of the ezETH token backed up not only by rewards from the native staking on Ethereum but also by rewards from the restaking on EigenLayer, potentially leading to the higher returns for users. The token can be also used to earn additional APR by providing it into the DeFi LP and lending protocols, similarly to the other ETH staking protocols.
This innovative approach garnered the remarkable attention not only from top tier funds such as Binance Labs and OKX Ventures, but also the crypto community. Since its inception in 2023, the protocol has managed to grow its TVL (total value locked) to over $3.3B.
Renzo Token
🔥Highly demanded product, fully aligned with current market trends and narratives of "ETH restaking"
🔥Huge TVL ($3B+) prior to the token launch
🔥Low annual token inflation rate in the first year of the token release (4.5%).
🔥Listing and IEO of the token on Binance
🔥Backing from top-tier funds including Binance Labs, Maven 11 Capital, and others
🔥Security and bug bounty audit hosted by Halborn and ImmuneFi
🔥Strong performance in PR, Social Media, Growth, and Influencer marketing
🔥Experienced leadership team
What is the ezETH Token?
The ezETH token is the native token of the Renzo Protocol that represents a user’s re-stake activities. Users that deposit ETH or other approved tokens receive ezETH tokens, which hold similar value and can be used for transactions.
The ezETH token is a reward-bearing token, so its price increases relative to the underlying asset and its earned reward. These earned rewards can be in ETH, USDC, and AVS reward tokens. Users can also withdraw their staked tokens and rewards.
Withdrawing assets involves unstaking the deposited assets, and it is subject to the re-staking strategy and EigenLayer’s unstaking protocol. The withdrawal process can take at least seven days, depending on the above factors.
Directly withdrawing ezETH tokens is not enabled. Instead, users can sell their ezETH to balancers who would convert the ezETH token to ETH. That is why the token has zero circulating supply and a total supply of 282,469 ezETH.
The ezETH token provides some potential benefits to its holders. The token leverages the EigenLayer to offer higher yields than traditional staking protocols.
It also allows for flexible asset management. With the ezETH token, users can reap the benefits of staking on Ethereum while participating in DeFi transactions.
The Renzo Protocol’s strategy manager automatically selects validators based on specific criteria to minimize slashing risks associated with validator misconduct.
Finally, the protocol allows for cross-chain staking features, allowing holders to re-stake on popular layer two projects using wETH. This expands the investment opportunities open to Renzo users.
A major advantage of the Renzo Protocol is the enhanced yield combined with the ezETH token, allowing re-staking assets on multiple projects.Another advantage is the cross-chain capacity, which simplifies the staking experience. And a user-friendly Interface with reduced cost.The project also has the possibility of future multi-token support for WBETH and Lasts from other projects. Using the EigenLayer, Renzo Protocol can provide a secure, trustless staking experience.
👉 Renzo currently is super hyped especially after Binance Launchpool Announcement. I am sure we will be way above OTC Prices long-term here. Personally farming and will buy on Listing as well!
🔥 You can farm using your BNB or FDUSD:
Go to https://launchpad.binance.com/en and choose either to stake your $BNB or $FDUSD
Staking your BNB is bringing you another huge benefits. You are participating in the Binance Megadrop as well!
Megadrop,” the new program is a token launch platform where users “can subscribe BNB to Locked Products and/or complete tasks in their Web3 Wallet for early access to rewards from selected Web3 projects before their tokens are listed on the Binance Exchange,” according to a Binance blog post.
IMPORTANT RECENT UPDATES FROM RENZO
🔥With the successful upgrade to EigenLayer M2 contracts, the Renzo team has prioritized working with multiple audit firms to prepare the protocol for Mainnet withdrawals:
🔥HalbornSecurity a trusted partner from Day 1 is doing a full re-audit of the protocol to be complete mid May
🔥Sigma Prime a new audit partner is scheduled to be complete by the end of May
🔥Code4rena audit contest is scheduled to begin the first week of May.
AIRDROP UPDATES
Snapshot & Claim Timeline:
👉Snapshot date remains on April 26th, 2024
👉Claim date is changing to April 30th, 2024 (1 hour before Binance listing)
Tokenomics Update:
👉Community: Total increasing from 30% to 32%
👉Total Airdrop allocation increasing from 10% to 12%
👉Season 1 increased from 5% to 7% total supply (2% increase is coming from Liquidity (MMs) & Foundation)
👉Season 2 allocation remains at 5% total supply
Binance Launch pool:
👉Remains at 2.5% total supply
Airdrop Eligibility:
👉Minimum qualification is 360 ezPoints per wallet
👉Majority of all eligible wallets, greater than 99%, are fully unlocked at TGE
👉A higher threshold is being applied for the largest wallets. Wallets with more than 500k ezPoints will unlock 50% at TGE with the remainder now vesting linearly over 3 months.
This Recent Updates about the Airdrop are really important and show how passionate Renzo team is and how they care for the Community and put them on 1st Place!
👉Still few days left to farm Renzo Folks. It's always good to start as early as you can! See some previous Binance Launchpool Projects performance. All are doing very good and will do even better with the upcoming Bull Cycle!
Happy Farming 🚜
#BinanceLaunchpool #RENZOLAUNCHPOOL
Since its inception in mid-2023, the company has garnered the attention of leading funds and investors such as Binance Labs, OKX Ventures, and others, securing over $3.2 million from them.
Renzo restaking protocol aims to provide users with an interface for the EigenLayer ecosystem not only on Ethereum but also on Arbitrum, Linea, Mode, Base, BNB and OKX L2 chain networks.
As a liquid staking protocol, Renzo offers users a ezETH - Renzo liquid staking token in exchange for staking ETH on its platform. This token is equivalent in value to the amount of ETH contributed to Renzo. The APR for staking ETH can be tracked via the growth of ezETH. Initially, this ratio is 1:1, but over time, it increases in value according to the APR promised by the platform.
However, unlike the other protocols, the rise of value of the ezETH token backed up not only by rewards from the native staking on Ethereum but also by rewards from the restaking on EigenLayer, potentially leading to the higher returns for users. The token can be also used to earn additional APR by providing it into the DeFi LP and lending protocols, similarly to the other ETH staking protocols.
This innovative approach garnered the remarkable attention not only from top tier funds such as Binance Labs and OKX Ventures, but also the crypto community. Since its inception in 2023, the protocol has managed to grow its TVL (total value locked) to over $3.3B.
Renzo Token
🔥Highly demanded product, fully aligned with current market trends and narratives of "ETH restaking"
🔥Huge TVL ($3B+) prior to the token launch
🔥Low annual token inflation rate in the first year of the token release (4.5%).
🔥Listing and IEO of the token on Binance
🔥Backing from top-tier funds including Binance Labs, Maven 11 Capital, and others
🔥Security and bug bounty audit hosted by Halborn and ImmuneFi
🔥Strong performance in PR, Social Media, Growth, and Influencer marketing
🔥Experienced leadership team
What is the ezETH Token?
The ezETH token is the native token of the Renzo Protocol that represents a user’s re-stake activities. Users that deposit ETH or other approved tokens receive ezETH tokens, which hold similar value and can be used for transactions.
The ezETH token is a reward-bearing token, so its price increases relative to the underlying asset and its earned reward. These earned rewards can be in ETH, USDC, and AVS reward tokens. Users can also withdraw their staked tokens and rewards.
Withdrawing assets involves unstaking the deposited assets, and it is subject to the re-staking strategy and EigenLayer’s unstaking protocol. The withdrawal process can take at least seven days, depending on the above factors.
Directly withdrawing ezETH tokens is not enabled. Instead, users can sell their ezETH to balancers who would convert the ezETH token to ETH. That is why the token has zero circulating supply and a total supply of 282,469 ezETH.
The ezETH token provides some potential benefits to its holders. The token leverages the EigenLayer to offer higher yields than traditional staking protocols.
It also allows for flexible asset management. With the ezETH token, users can reap the benefits of staking on Ethereum while participating in DeFi transactions.
The Renzo Protocol’s strategy manager automatically selects validators based on specific criteria to minimize slashing risks associated with validator misconduct.
Finally, the protocol allows for cross-chain staking features, allowing holders to re-stake on popular layer two projects using wETH. This expands the investment opportunities open to Renzo users.
A major advantage of the Renzo Protocol is the enhanced yield combined with the ezETH token, allowing re-staking assets on multiple projects.Another advantage is the cross-chain capacity, which simplifies the staking experience. And a user-friendly Interface with reduced cost.The project also has the possibility of future multi-token support for WBETH and Lasts from other projects. Using the EigenLayer, Renzo Protocol can provide a secure, trustless staking experience.
👉 Renzo currently is super hyped especially after Binance Launchpool Announcement. I am sure we will be way above OTC Prices long-term here. Personally farming and will buy on Listing as well!
🔥 You can farm using your BNB or FDUSD:
Go to https://launchpad.binance.com/en and choose either to stake your $BNB or $FDUSD
Staking your BNB is bringing you another huge benefits. You are participating in the Binance Megadrop as well!
Megadrop,” the new program is a token launch platform where users “can subscribe BNB to Locked Products and/or complete tasks in their Web3 Wallet for early access to rewards from selected Web3 projects before their tokens are listed on the Binance Exchange,” according to a Binance blog post.
IMPORTANT RECENT UPDATES FROM RENZO
🔥With the successful upgrade to EigenLayer M2 contracts, the Renzo team has prioritized working with multiple audit firms to prepare the protocol for Mainnet withdrawals:
🔥HalbornSecurity a trusted partner from Day 1 is doing a full re-audit of the protocol to be complete mid May
🔥Sigma Prime a new audit partner is scheduled to be complete by the end of May
🔥Code4rena audit contest is scheduled to begin the first week of May.
AIRDROP UPDATES
Snapshot & Claim Timeline:
👉Snapshot date remains on April 26th, 2024
👉Claim date is changing to April 30th, 2024 (1 hour before Binance listing)
Tokenomics Update:
👉Community: Total increasing from 30% to 32%
👉Total Airdrop allocation increasing from 10% to 12%
👉Season 1 increased from 5% to 7% total supply (2% increase is coming from Liquidity (MMs) & Foundation)
👉Season 2 allocation remains at 5% total supply
Binance Launch pool:
👉Remains at 2.5% total supply
Airdrop Eligibility:
👉Minimum qualification is 360 ezPoints per wallet
👉Majority of all eligible wallets, greater than 99%, are fully unlocked at TGE
👉A higher threshold is being applied for the largest wallets. Wallets with more than 500k ezPoints will unlock 50% at TGE with the remainder now vesting linearly over 3 months.
This Recent Updates about the Airdrop are really important and show how passionate Renzo team is and how they care for the Community and put them on 1st Place!
👉Still few days left to farm Renzo Folks. It's always good to start as early as you can! See some previous Binance Launchpool Projects performance. All are doing very good and will do even better with the upcoming Bull Cycle!
Happy Farming 🚜
#BinanceLaunchpool #RENZOLAUNCHPOOL
bullish on RENZO and support this
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🔥💥Don't miss this very important Article, we review the Price prediction and usage scenario for Binance Launchpool Project Renzo
1. My guess is that I'm making a price prediction before the #Renzo (#REZ ) list. Due to the imminent launch of the Renzo launch pool, it is difficult to predict its exact price due to market dynamics and other factors. But I think the Renzo price could go up to $ 1.5 by the end of 2024. in addition, I think that after the project launch pool, it will open on binance with 0.40$ cent
Renzo Launchpool details
Binance has announced its new launchpool project. Binance 53. He announced RENZO as a Launchpool project.
Users will be able to stake their BNB and FDUSD in separate pools to collect RENZO tokens for 6 days starting from April 24.
Binance will list RENZO on April 30
Binance will then list REZ at 2024-04-30 12:00 (UTC) and open trading with REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY trading pairs. The Seed Tag will be applied to REZ.
Token Name: Renzo (REZ)
Maximum Token Supply: 10,000,000,000 REZ
Launchpool Token Rewards: 250,000,000 REZ
Initial Circulation Supply: 1.050.000.000 REZ
Smart Contract: Ethereum
MegaDrop detail
What is Binance Megadrop?
Binance Megadrop is a new token launch platform that recreates the airdrop experience by seamlessly integrating Binance Simple Earn and Binance Web3 Wallet. Megadrop allows users to gain early access to select Web3 projects before they are listed on Binance. This unique combination of engagement, education, and rewards positions Megadrop as a uniquely interactive experience within both Binance and the broader crypto ecosystem.
#RENZOLAUNCHPOOL #BinanceLaunchpool
1. My guess is that I'm making a price prediction before the #Renzo (#REZ ) list. Due to the imminent launch of the Renzo launch pool, it is difficult to predict its exact price due to market dynamics and other factors. But I think the Renzo price could go up to $ 1.5 by the end of 2024. in addition, I think that after the project launch pool, it will open on binance with 0.40$ cent
Renzo Launchpool details
Binance has announced its new launchpool project. Binance 53. He announced RENZO as a Launchpool project.
Users will be able to stake their BNB and FDUSD in separate pools to collect RENZO tokens for 6 days starting from April 24.
Binance will list RENZO on April 30
Binance will then list REZ at 2024-04-30 12:00 (UTC) and open trading with REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY trading pairs. The Seed Tag will be applied to REZ.
Token Name: Renzo (REZ)
Maximum Token Supply: 10,000,000,000 REZ
Launchpool Token Rewards: 250,000,000 REZ
Initial Circulation Supply: 1.050.000.000 REZ
Smart Contract: Ethereum
MegaDrop detail
What is Binance Megadrop?
Binance Megadrop is a new token launch platform that recreates the airdrop experience by seamlessly integrating Binance Simple Earn and Binance Web3 Wallet. Megadrop allows users to gain early access to select Web3 projects before they are listed on Binance. This unique combination of engagement, education, and rewards positions Megadrop as a uniquely interactive experience within both Binance and the broader crypto ecosystem.
#RENZOLAUNCHPOOL #BinanceLaunchpool
RENZO it's excited to know the project on Binance.
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RENZO - 53th Project on Binance Launchpool. Insights and how to Farm!
Hey Folks, time to get to know #RENZO
After the Dencun upgrade, Liquid staking surged in popularity with higher TVL. Renzo Protocol ranked in the top three in LSDfi market projects by TVL and received an investment from Binance Labs on February 22, 2024, marking the second liquid restaking protocol funded by Binance Labs after Puffer Finance.
What Is Renzo?
Renzo, a cross-chain Liquid Restaking protocol on the EigenLayer, allows users to stake ETH and other liquid staking tokens (LSTs) on platforms like Ethereum, Arbitrum, and BNB Chain. Staking rewards users with ezETH, which can earn ezPoint rewards for future airdrops and restaking.
By optimizing capital utilization, users can maximize their return on investment. Currently, Renzo ranks as the third-largest project in the Liquid Staking segment in terms of Total Value Locked (TVL), reflecting its increasing popularity and user trust.
Renzo is a Liquid Derivatives platform built on the innovative EigenLayer blockchain. As a project, it serves as a crucial interface for the entire EigenLayer ecosystem, ensuring Actively Validated Services (AVS) and, in doing so, offering significantly higher returns compared to the returns that come from simple ETH staking.
Renzo mints equivalent ezETH for each LST or ETH deposit to maintain balance. It’s designed for Ethereum restaking, previously an unserved blockchain market area. It uses smart contracts and operational nodes for effective restaking strategy implementation, serving as an on-ramp and off-ramp.
The withdrawal process, influenced by restaking strategies and EigenLayer’s requirements, takes at least 7 days and varies per AVS. Renzo guarantees users total rewards from EigenLayer. User-paid fees are used for the protocol treasury and Renzo node operator payments.
In other words, Renzo is not only a means of ingress into the world of Ethereum restaking, but it also provides an exit strategy. This dual functionality makes it an essential tool for anyone looking to explore the potential of Ethereum restaking.
Renzo ezPoints
From the official Beta launch of Renzo on December 18, 2023, users who hold ezETH in their wallets earn 1 Renzo ezPoint per hour per ezETH held. Renzo runs ezPoints promotions, such as an additional gift of 200 ezPoints for every 1 ETH deposited within a specific timeframe.
However, exploiting the system by repeatedly selling and buying ezETH to earn multiple rewards is prohibited, and any user detected doing this will be excluded from the ezPoints program. Liquidity providers earn double the ezPoints. If you provide liquidity to pools on DEX, you’ll receive 2x ezPoints. You can also earn extra ezPoints by referring new users to join and deposit ETH into Renzo. You’ll earn 10% of the ezPoints that your referred users earn.
The system has a points accumulation feature allows you to earn more Renzo Points. The more active users you refer, the more ETH you deposit into Renzo. The Renzo ezPoints system rewards users based on their activity and participation in the Renzo system, from holding ezETH to providing liquidity and referring new users.
I'm very bullish on Price here long-term since this is one of the most hyped restaking Protocols out there!
Renzo Protocol’s future, particularly its Liquid Restaking project, looks promising due to the investment from Binance Labs. This venture capital arm of Binance is renowned for supporting innovative blockchain and cryptocurrency projects. This investment provides Renzo Protocol with not just financial backing but also access to expertise and resources within the Binance ecosystem.
Renzo Protocol’s Liquid Restaking introduces a unique approach to staking in decentralized finance (DeFi). It allows users to stake their assets while preserving liquidity, addressing a significant challenge in traditional staking mechanisms. This innovative feature could attract users who want to earn staking rewards while maintaining the freedom to access their assets when necessary.
In summary, with Binance Labs’ support and the unique offering of its Liquid Restaking project, Renzo Protocol is well-positioned for growth and success in the DeFi sector’s future.
Binance will then list REZ at 2024-04-30 12:00 (UTC) and open trading with REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY trading pairs. The Seed Tag will be applied to REZ.
REZ Launchpool Details:
👉Token Name: Renzo (REZ)
👉Max Token Supply: 10,000,000,000 REZ
👉Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)
👉Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max token supply)
👉Smart Contract Details: Ethereum
👉Staking Terms: KYC required
👉Hourly Hard Cap per User:
🔥147,569.44 REZ in BNB pool
🔥26,041.67 REZ in FDUSD pool
👉Supported Pools:
🔥Stake BNB:
https://launchpad.binance.com/en/launchpool/REZ_BNB
👉Now here comes the best Benefits for all the people that will stake their BNB to farm Renzo!
Binance has announced the launch of the Binance Megadrop. It is a token-launch platform that hosts airdrops and Web3 quests.
This new platform enables users to subscribe to BNB for locked products and complete tasks within their Web3 Wallet. Users will receive early access to rewards from selected Web3 projects before the exchange lists their tokens.
And as I said the best for all users is that you can buy and stake BNB on both Binance Launchpool and Binance Megadrop Platforms and earn a juicy Rewards which is super good in my opinion and nobody else out there is offering this!
🔥 Stake FDUSD:
https://launchpad.binance.com/en/launchpool/REZ_FDUSD
#BinanceLaunchpool #RENZOLAUNCHPOOL
After the Dencun upgrade, Liquid staking surged in popularity with higher TVL. Renzo Protocol ranked in the top three in LSDfi market projects by TVL and received an investment from Binance Labs on February 22, 2024, marking the second liquid restaking protocol funded by Binance Labs after Puffer Finance.
What Is Renzo?
Renzo, a cross-chain Liquid Restaking protocol on the EigenLayer, allows users to stake ETH and other liquid staking tokens (LSTs) on platforms like Ethereum, Arbitrum, and BNB Chain. Staking rewards users with ezETH, which can earn ezPoint rewards for future airdrops and restaking.
By optimizing capital utilization, users can maximize their return on investment. Currently, Renzo ranks as the third-largest project in the Liquid Staking segment in terms of Total Value Locked (TVL), reflecting its increasing popularity and user trust.
Renzo is a Liquid Derivatives platform built on the innovative EigenLayer blockchain. As a project, it serves as a crucial interface for the entire EigenLayer ecosystem, ensuring Actively Validated Services (AVS) and, in doing so, offering significantly higher returns compared to the returns that come from simple ETH staking.
Renzo mints equivalent ezETH for each LST or ETH deposit to maintain balance. It’s designed for Ethereum restaking, previously an unserved blockchain market area. It uses smart contracts and operational nodes for effective restaking strategy implementation, serving as an on-ramp and off-ramp.
The withdrawal process, influenced by restaking strategies and EigenLayer’s requirements, takes at least 7 days and varies per AVS. Renzo guarantees users total rewards from EigenLayer. User-paid fees are used for the protocol treasury and Renzo node operator payments.
In other words, Renzo is not only a means of ingress into the world of Ethereum restaking, but it also provides an exit strategy. This dual functionality makes it an essential tool for anyone looking to explore the potential of Ethereum restaking.
Renzo ezPoints
From the official Beta launch of Renzo on December 18, 2023, users who hold ezETH in their wallets earn 1 Renzo ezPoint per hour per ezETH held. Renzo runs ezPoints promotions, such as an additional gift of 200 ezPoints for every 1 ETH deposited within a specific timeframe.
However, exploiting the system by repeatedly selling and buying ezETH to earn multiple rewards is prohibited, and any user detected doing this will be excluded from the ezPoints program. Liquidity providers earn double the ezPoints. If you provide liquidity to pools on DEX, you’ll receive 2x ezPoints. You can also earn extra ezPoints by referring new users to join and deposit ETH into Renzo. You’ll earn 10% of the ezPoints that your referred users earn.
The system has a points accumulation feature allows you to earn more Renzo Points. The more active users you refer, the more ETH you deposit into Renzo. The Renzo ezPoints system rewards users based on their activity and participation in the Renzo system, from holding ezETH to providing liquidity and referring new users.
I'm very bullish on Price here long-term since this is one of the most hyped restaking Protocols out there!
Renzo Protocol’s future, particularly its Liquid Restaking project, looks promising due to the investment from Binance Labs. This venture capital arm of Binance is renowned for supporting innovative blockchain and cryptocurrency projects. This investment provides Renzo Protocol with not just financial backing but also access to expertise and resources within the Binance ecosystem.
Renzo Protocol’s Liquid Restaking introduces a unique approach to staking in decentralized finance (DeFi). It allows users to stake their assets while preserving liquidity, addressing a significant challenge in traditional staking mechanisms. This innovative feature could attract users who want to earn staking rewards while maintaining the freedom to access their assets when necessary.
In summary, with Binance Labs’ support and the unique offering of its Liquid Restaking project, Renzo Protocol is well-positioned for growth and success in the DeFi sector’s future.
Binance will then list REZ at 2024-04-30 12:00 (UTC) and open trading with REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY trading pairs. The Seed Tag will be applied to REZ.
REZ Launchpool Details:
👉Token Name: Renzo (REZ)
👉Max Token Supply: 10,000,000,000 REZ
👉Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)
👉Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max token supply)
👉Smart Contract Details: Ethereum
👉Staking Terms: KYC required
👉Hourly Hard Cap per User:
🔥147,569.44 REZ in BNB pool
🔥26,041.67 REZ in FDUSD pool
👉Supported Pools:
🔥Stake BNB:
https://launchpad.binance.com/en/launchpool/REZ_BNB
👉Now here comes the best Benefits for all the people that will stake their BNB to farm Renzo!
Binance has announced the launch of the Binance Megadrop. It is a token-launch platform that hosts airdrops and Web3 quests.
This new platform enables users to subscribe to BNB for locked products and complete tasks within their Web3 Wallet. Users will receive early access to rewards from selected Web3 projects before the exchange lists their tokens.
And as I said the best for all users is that you can buy and stake BNB on both Binance Launchpool and Binance Megadrop Platforms and earn a juicy Rewards which is super good in my opinion and nobody else out there is offering this!
🔥 Stake FDUSD:
https://launchpad.binance.com/en/launchpool/REZ_FDUSD
#BinanceLaunchpool #RENZOLAUNCHPOOL
Exciting to hear that Megadrop Will be launched soon 👍⚡
LIVE
Crypto Revolution Masters
--
MEGADROP - The new powerful Token Launch Platform with Airdrops and Web3 Quests!
Hey Folks,
Let's dive into the most important details of it!
Megadrop is a new token launch platform with airdrops and Web3 quests, where users can subscribe BNB to Locked Products and/or complete tasks in their Web3 Wallet for early access to rewards from selected Web3 projects before their tokens are listed on the Binance Exchange.
Think how great is that and if anyone else has something similar. Well answer is not. Again Megadrop is bringing the Revolution in #Web3 and you will be able to earn Rewards even when you do some simple tasks!
Also you will be able to subscribe your BNB to Locked Products! Everything easy and very simple to do!
👉How to Get Started With Megadrop:
🔥Log into your account
🔥Subscribe to BNB Locked Products and/or complete Web3 Quests to accrue scores. To complete Web3 Quests, make sure you have at least one active Binance Web3 Wallet. Register for an account and create your first Web3 Wallet now if you have not yet done so.
🔥Complete subscriptions to BNB Locked Products on Simple Earn to accrue scores.
🔥Go to Megadrop on the App (coming soon) and complete all the designated Web3 Quests to accrue scores and obtain a score multiplier.
🔥Receive Megadrop rewards based on your Total Score.
With few words Folks, as you can see, the experience with #Megadrop will be super nice. All you will need is just few minutes a day to do the available tasks or lock your BNB to earn Rewards! As I said it's truly Revolutionary Product!
Score-Based Megadrop Mechanism:
👉Megadrop reward per qualified user will be based on the user’s Total Score in proportion to the Total Scores by all qualified users.
💪Scoring System:
🔥Locked BNB Score: Users will get a score based on the quantity of BNB subscribed and the length of the subscription period. Longer subscriptions yield higher scores. This score may fluctuate as it is based on averages from daily snapshots.
🔥Web3 Quest Bonus* and Web3 Quest Multiplier: Users will get a Web3 Quest Bonus and a Web3 Quest Multiplier when they complete all the designated Web3 Quests with the minimum requirements specified.
🔥The system will calculate users’ Total Score by applying the Web3 Quest Multiplier to their total Locked BNB Score, and then adding the Web3 Quest Bonus.
🔥Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
So the best combination to earn maximum rewards will be to lock your BNB and do all the Quests!
Important Notes:
👉External wallets imported to Web3 Wallet will not count.
👉Only backed-up wallets that are created in Web3 Wallet may participate in Megadrop.
👉Users may go to the Megadrop project page (the page will be available in the second announcement) to check if a quest is completed successfully.
👉Megadrop rewards will be airdropped to users’ Spot Wallets.
To make a Web3 Wallet takes less than a minute. And don't forget to back it up!
The first project to be introduced on Megadrop will be BounceBit (BB), a BTC restaking chain.
💪BounceBit Megadrop Details:
👉Token Name: BounceBit (BB)
🔥Max Token Supply: 2,100,000,000 BB
🔥Megadrop Token Rewards: 168,000,000 BB (8% of max token supply)
🔥Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply)
At the end this is another great Opportunity for all people around the Globe from Number 1 CEX to get involved into Projects with great long-term potential and earn Rewards easily and smoothly with just a simple steps and just a little time a day!
#Megadrop
Let's dive into the most important details of it!
Megadrop is a new token launch platform with airdrops and Web3 quests, where users can subscribe BNB to Locked Products and/or complete tasks in their Web3 Wallet for early access to rewards from selected Web3 projects before their tokens are listed on the Binance Exchange.
Think how great is that and if anyone else has something similar. Well answer is not. Again Megadrop is bringing the Revolution in #Web3 and you will be able to earn Rewards even when you do some simple tasks!
Also you will be able to subscribe your BNB to Locked Products! Everything easy and very simple to do!
👉How to Get Started With Megadrop:
🔥Log into your account
🔥Subscribe to BNB Locked Products and/or complete Web3 Quests to accrue scores. To complete Web3 Quests, make sure you have at least one active Binance Web3 Wallet. Register for an account and create your first Web3 Wallet now if you have not yet done so.
🔥Complete subscriptions to BNB Locked Products on Simple Earn to accrue scores.
🔥Go to Megadrop on the App (coming soon) and complete all the designated Web3 Quests to accrue scores and obtain a score multiplier.
🔥Receive Megadrop rewards based on your Total Score.
With few words Folks, as you can see, the experience with #Megadrop will be super nice. All you will need is just few minutes a day to do the available tasks or lock your BNB to earn Rewards! As I said it's truly Revolutionary Product!
Score-Based Megadrop Mechanism:
👉Megadrop reward per qualified user will be based on the user’s Total Score in proportion to the Total Scores by all qualified users.
💪Scoring System:
🔥Locked BNB Score: Users will get a score based on the quantity of BNB subscribed and the length of the subscription period. Longer subscriptions yield higher scores. This score may fluctuate as it is based on averages from daily snapshots.
🔥Web3 Quest Bonus* and Web3 Quest Multiplier: Users will get a Web3 Quest Bonus and a Web3 Quest Multiplier when they complete all the designated Web3 Quests with the minimum requirements specified.
🔥The system will calculate users’ Total Score by applying the Web3 Quest Multiplier to their total Locked BNB Score, and then adding the Web3 Quest Bonus.
🔥Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
So the best combination to earn maximum rewards will be to lock your BNB and do all the Quests!
Important Notes:
👉External wallets imported to Web3 Wallet will not count.
👉Only backed-up wallets that are created in Web3 Wallet may participate in Megadrop.
👉Users may go to the Megadrop project page (the page will be available in the second announcement) to check if a quest is completed successfully.
👉Megadrop rewards will be airdropped to users’ Spot Wallets.
To make a Web3 Wallet takes less than a minute. And don't forget to back it up!
The first project to be introduced on Megadrop will be BounceBit (BB), a BTC restaking chain.
💪BounceBit Megadrop Details:
👉Token Name: BounceBit (BB)
🔥Max Token Supply: 2,100,000,000 BB
🔥Megadrop Token Rewards: 168,000,000 BB (8% of max token supply)
🔥Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply)
At the end this is another great Opportunity for all people around the Globe from Number 1 CEX to get involved into Projects with great long-term potential and earn Rewards easily and smoothly with just a simple steps and just a little time a day!
#Megadrop
Doing farming on $OMNI network, excited to be launched within 2days
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Crypto Revolution Masters
--
Less than 2 days to farm $OMNI ! Don't miss it Folks!
The Omni Network is redefining Ethereum’s infrastructure by integrating rollups to provide universal access to the platform’s liquidity and functionalities without any compromises. As a pioneering Actively Validated Service (AVS), it has secured over $1B in restaked ETH commitments, marking its position as a keystone for Ethereum-native interoperability.
The Omni Network serves as a pivotal blockchain platform designed to enhance Ethereum’s functionality by securely uniting all rollups. This integration infrastructure not only optimizes for speed but also leverages Ethereum’s robust security measures, making it a cornerstone for rollup ecosystems. Here are some key features and components of the Omni Network:
🔥Operational Mechanics:
👉Utilizes a novel architecture centered around ‘restaking’ where validators manage protocol integrity and rewards, while delegators enhance network security by staking their Ethereum tokens.
👉Combines the Tendermint consensus mechanism with the flexibility of the Cosmos SDK, facilitating smooth EVM integration and enabling Solidity use across multiple chains.
🔥Ecosystem and Development:
👉Supports a growing number of projects including EigenLayer, Sushi, Injective, Arbitrum, Flow, and Optimism.
👉Continuously expanding with a roadmap featuring milestones like mainnet launch and the inclusion of new data availability systems.
Omni Network’s strategic design allows developers to create global applications benefiting from economic advantages across all rollups, ensuring a seamless user experience and broad application integration.
The OMNI Token is integral to the Omni Network, serving multiple roles including governance, staking, and transaction fees. Here’s a breakdown of its key metrics and functions.
The total supply of OMNI tokens stands capped at 100,000,000, strategically distributed to build a robust and sustainable network ecosystem. Here’s a breakdown of the allocation:
👉Private Sale Investors: 20.06%
👉Public Launch Allocation: 5.77%
👉Binance Launchpool: 3.50%
👉Team: 25.25% (subject to vesting schedule)
👉Advisors: 3.25% (subject to vesting schedule)
👉Ecosystem Fund: 29.50%
👉Community Fund: 12.67%
This token’s utility and capped supply, combined with its role in a growing ecosystem, underscore its potential for value appreciation influenced by market dynamics such as supply and demand.
Omni Network’s fundraising journey showcases robust investor confidence and strategic capital infusion aimed at accelerating its growth within the sharing economy. OmniNetwork is funded by 5 investors. Jump Crypto and The Spartan Group are the most recent investors.
This strategic financial backing is pivotal for Omni Network as it continues to innovate and expand its technological and market footprint.
Several factors influence OMNI’s price, each playing a significant role in its market dynamics:
🔥Platform Development: The continuous enhancement and expansion of the Omni Network are crucial. As the platform evolves, it can lead to a gradual appreciation in OMNI’s price due to increased functionality and user engagement.
🔥Adoption and User Growth: The growth in the number of users and their engagement with the platform directly impacts the demand for OMNI tokens. As more users join and participate, the intrinsic value of OMNI increases.
🔥Market Sentiment: The general sentiment towards blockchain projects, especially those related to gaming and NFTs, can significantly affect OMNI’s price. Positive perception and investor confidence tend to drive prices up.
🔥Partnerships and Collaborations: Forming strategic alliances with prominent gaming companies and other blockchain projects can enhance the network’s credibility and market exposure, attracting more investors and, consequently, increasing the token’s value.
🔥Overall Market Conditions: The broader cryptocurrency market trends, including the performance of major cryptocurrencies like Bitcoin and Ethereum, often influence OMNI’s price movements. Market volatility can lead to rapid changes in investor sentiment, impacting OMNI’s price accordingly.
🔥Whale Activity: The actions of large holders, or ‘whales,’ can have a substantial impact on OMNI’s price. A significant sell order from a whale can lead to sudden price drops, affecting market stability.
🔥Institutional Adoption and Political Regulations: The level of adoption by large institutions and the regulatory environment can also significantly impact OMNI’s value. Positive regulatory frameworks and increased institutional interest often contribute to price stability and growth.
Tracking the performance of OMNI on the OTC market reveals significant insights into its trading dynamics:
As the Omni Network continues to push the boundaries of Ethereum-native interoperability, embedding itself as a key player in the blockchain evolution, it opens up unprecedented opportunities for investors and developers alike.
👉Less than 2 days left to get your hands on some juicy OMNI
🔥 Stake BNB:
https://launchpad.binance.com/en/launchpool/OMNI_BNB
🔥 Stake FDUSD:
https://launchpad.binance.com/en/launchpool/OMNI_FDUSD
Happy Farming 🔥
#BinanceLaunchpool #OMNILAUNCHPOOL
The Omni Network serves as a pivotal blockchain platform designed to enhance Ethereum’s functionality by securely uniting all rollups. This integration infrastructure not only optimizes for speed but also leverages Ethereum’s robust security measures, making it a cornerstone for rollup ecosystems. Here are some key features and components of the Omni Network:
🔥Operational Mechanics:
👉Utilizes a novel architecture centered around ‘restaking’ where validators manage protocol integrity and rewards, while delegators enhance network security by staking their Ethereum tokens.
👉Combines the Tendermint consensus mechanism with the flexibility of the Cosmos SDK, facilitating smooth EVM integration and enabling Solidity use across multiple chains.
🔥Ecosystem and Development:
👉Supports a growing number of projects including EigenLayer, Sushi, Injective, Arbitrum, Flow, and Optimism.
👉Continuously expanding with a roadmap featuring milestones like mainnet launch and the inclusion of new data availability systems.
Omni Network’s strategic design allows developers to create global applications benefiting from economic advantages across all rollups, ensuring a seamless user experience and broad application integration.
The OMNI Token is integral to the Omni Network, serving multiple roles including governance, staking, and transaction fees. Here’s a breakdown of its key metrics and functions.
The total supply of OMNI tokens stands capped at 100,000,000, strategically distributed to build a robust and sustainable network ecosystem. Here’s a breakdown of the allocation:
👉Private Sale Investors: 20.06%
👉Public Launch Allocation: 5.77%
👉Binance Launchpool: 3.50%
👉Team: 25.25% (subject to vesting schedule)
👉Advisors: 3.25% (subject to vesting schedule)
👉Ecosystem Fund: 29.50%
👉Community Fund: 12.67%
This token’s utility and capped supply, combined with its role in a growing ecosystem, underscore its potential for value appreciation influenced by market dynamics such as supply and demand.
Omni Network’s fundraising journey showcases robust investor confidence and strategic capital infusion aimed at accelerating its growth within the sharing economy. OmniNetwork is funded by 5 investors. Jump Crypto and The Spartan Group are the most recent investors.
This strategic financial backing is pivotal for Omni Network as it continues to innovate and expand its technological and market footprint.
Several factors influence OMNI’s price, each playing a significant role in its market dynamics:
🔥Platform Development: The continuous enhancement and expansion of the Omni Network are crucial. As the platform evolves, it can lead to a gradual appreciation in OMNI’s price due to increased functionality and user engagement.
🔥Adoption and User Growth: The growth in the number of users and their engagement with the platform directly impacts the demand for OMNI tokens. As more users join and participate, the intrinsic value of OMNI increases.
🔥Market Sentiment: The general sentiment towards blockchain projects, especially those related to gaming and NFTs, can significantly affect OMNI’s price. Positive perception and investor confidence tend to drive prices up.
🔥Partnerships and Collaborations: Forming strategic alliances with prominent gaming companies and other blockchain projects can enhance the network’s credibility and market exposure, attracting more investors and, consequently, increasing the token’s value.
🔥Overall Market Conditions: The broader cryptocurrency market trends, including the performance of major cryptocurrencies like Bitcoin and Ethereum, often influence OMNI’s price movements. Market volatility can lead to rapid changes in investor sentiment, impacting OMNI’s price accordingly.
🔥Whale Activity: The actions of large holders, or ‘whales,’ can have a substantial impact on OMNI’s price. A significant sell order from a whale can lead to sudden price drops, affecting market stability.
🔥Institutional Adoption and Political Regulations: The level of adoption by large institutions and the regulatory environment can also significantly impact OMNI’s value. Positive regulatory frameworks and increased institutional interest often contribute to price stability and growth.
Tracking the performance of OMNI on the OTC market reveals significant insights into its trading dynamics:
As the Omni Network continues to push the boundaries of Ethereum-native interoperability, embedding itself as a key player in the blockchain evolution, it opens up unprecedented opportunities for investors and developers alike.
👉Less than 2 days left to get your hands on some juicy OMNI
🔥 Stake BNB:
https://launchpad.binance.com/en/launchpool/OMNI_BNB
🔥 Stake FDUSD:
https://launchpad.binance.com/en/launchpool/OMNI_FDUSD
Happy Farming 🔥
#BinanceLaunchpool #OMNILAUNCHPOOL
Here any about OMNi, and really looking forward to it , to this project .
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Crypto Revolution Masters
--
OMNI Network - The 52th Project on Binance Launchpool! Farming Live now
Hey Folks, let's dive into OMNI Network - the 52th Project on #BinanceLaunchpool As always don't miss the Opportunity to 🚜 🔥
What is OMNI Network?
👉Omni Network is a Blockchain platform based on Cosmos SDK, secured by verifiers on Ethereum. This means that to ensure safety, Omni Network will use the ETH that Eigenlayer has staking. To put it simply, Omni Network combines the security of Ethereum with the flexibility and scalability of Cosmos.
👉The operating model of Omni Network can be understood as a Layer 1 platform, in which Blockchains built on Omni Network will be Rollup Chains. However, Omni Network operates differently from Ethereum and current Layer 2 solutions. The main difference is that Omni Network targets platforms built on Cross-rollup Applications.
👉Cross-rollup Applications can interact, transact and transmit information to each other easily, creating synchronization and connectivity in the Omni Network ecosystem. This also means that there is no need for cross-chain solutions to convert assets within the ecosystem of Cross-rollup Applications.
The Omni Protocol consists of two main parts:
🔥Omni EVM: This is an EVM implementation layer, capable of accepting transactions involving ETH.
🔥Omni Driver: This layer enables secure interaction and connects the Omni Validator with the ETH restaker, requiring them to participate in the consensus process.
KEY BENEFITS in my Opinion are:
🔥Broad Interoperability
🔥Connects Ethereum rollups for easy cross-rollup interactions.
🔥EVM Compatibility
🔥Familiar environment for Ethereum developers and users.
🔥Concentrated Liquidity
🔥Helps deploy dApps on multiple layers to centralize liquidity.
🔥Cross-Rollup Deployment
🔥Aggregates users and liquidity from all rollups, enhancing experiences.
🔥Investor Support
🔥Backed by notable investors, adding credibility and financial backing.
🔥ETH Restaking Feature
🔥Utilizes Eigenlayer for real-time Ethereum rollup data for dApps
Guys as always participating in #BinanceLaunchpool Projects is a Golden Opportunity in my Opinion. We all can see how the recent oner performed so far. I'm expecting very good ROI for OMNI as well!
Let's dive into the Utilities and Use Cases for the OMNI token
🔥Governance: OMNI token holders have voting rights on proposals that shape the future of the network. These proposals can address protocol upgrades, fee structures, and integrations with other blockchains.
🔥Staking: Users can stake their OMNI tokens to contribute to the security of the network and earn rewards in return. Staked OMNI, alongside restaked ETH, forms the foundation of the dual staking mechanism that safeguards the network.
🔥Transaction Fees: OMNI tokens are the primary currency used to pay transaction fees on the Omni Network. This simplifies user experience by eliminating the need for multiple tokens across different rollups.
🔥Gas Abstraction: OMNI tokens facilitate gas abstraction, a core feature of the network. Users can pay transaction fees on any rollup within the network, regardless of the location of their funds. OMNI acts as the universal fuel for transactions across the entire Omni Network.
Also it's important that OMNI Network announced Genesis Airdrop for early community members and partners. You can read more about it here:
👉https://news.omni.network/the-omni-genesis-airdrop/
OMNI Launchpool Details:
👉Token Name: Omni Network (OMNI)
👉Max Token Supply: 100,000,000 OMNI
👉Launchpool Token Rewards: 3,500,000 OMNI (3.5% of max token supply)
👉Initial Circulating Supply: 10,391,492 OMNI (10.39% of max token supply)
👉Smart Contract Details: Ethereum
👉Staking Terms: KYC required
👉Hourly Hard Cap per User:
🔥3,098.95 OMNI in BNB pool
🔥546.87 OMNI in FDUSD pool
💪Stake $BNB and farm Omni:
https://launchpad.binance.com/en/launchpool/OMNI_BNB
💪Stake $FDUSD and farm Omni:
https://launchpad.binance.com/en/launchpool/OMNI_FDUSD
HAPPY FARMING 🔥
#OMNILAUNCHPOOL
What is OMNI Network?
👉Omni Network is a Blockchain platform based on Cosmos SDK, secured by verifiers on Ethereum. This means that to ensure safety, Omni Network will use the ETH that Eigenlayer has staking. To put it simply, Omni Network combines the security of Ethereum with the flexibility and scalability of Cosmos.
👉The operating model of Omni Network can be understood as a Layer 1 platform, in which Blockchains built on Omni Network will be Rollup Chains. However, Omni Network operates differently from Ethereum and current Layer 2 solutions. The main difference is that Omni Network targets platforms built on Cross-rollup Applications.
👉Cross-rollup Applications can interact, transact and transmit information to each other easily, creating synchronization and connectivity in the Omni Network ecosystem. This also means that there is no need for cross-chain solutions to convert assets within the ecosystem of Cross-rollup Applications.
The Omni Protocol consists of two main parts:
🔥Omni EVM: This is an EVM implementation layer, capable of accepting transactions involving ETH.
🔥Omni Driver: This layer enables secure interaction and connects the Omni Validator with the ETH restaker, requiring them to participate in the consensus process.
KEY BENEFITS in my Opinion are:
🔥Broad Interoperability
🔥Connects Ethereum rollups for easy cross-rollup interactions.
🔥EVM Compatibility
🔥Familiar environment for Ethereum developers and users.
🔥Concentrated Liquidity
🔥Helps deploy dApps on multiple layers to centralize liquidity.
🔥Cross-Rollup Deployment
🔥Aggregates users and liquidity from all rollups, enhancing experiences.
🔥Investor Support
🔥Backed by notable investors, adding credibility and financial backing.
🔥ETH Restaking Feature
🔥Utilizes Eigenlayer for real-time Ethereum rollup data for dApps
Guys as always participating in #BinanceLaunchpool Projects is a Golden Opportunity in my Opinion. We all can see how the recent oner performed so far. I'm expecting very good ROI for OMNI as well!
Let's dive into the Utilities and Use Cases for the OMNI token
🔥Governance: OMNI token holders have voting rights on proposals that shape the future of the network. These proposals can address protocol upgrades, fee structures, and integrations with other blockchains.
🔥Staking: Users can stake their OMNI tokens to contribute to the security of the network and earn rewards in return. Staked OMNI, alongside restaked ETH, forms the foundation of the dual staking mechanism that safeguards the network.
🔥Transaction Fees: OMNI tokens are the primary currency used to pay transaction fees on the Omni Network. This simplifies user experience by eliminating the need for multiple tokens across different rollups.
🔥Gas Abstraction: OMNI tokens facilitate gas abstraction, a core feature of the network. Users can pay transaction fees on any rollup within the network, regardless of the location of their funds. OMNI acts as the universal fuel for transactions across the entire Omni Network.
Also it's important that OMNI Network announced Genesis Airdrop for early community members and partners. You can read more about it here:
👉https://news.omni.network/the-omni-genesis-airdrop/
OMNI Launchpool Details:
👉Token Name: Omni Network (OMNI)
👉Max Token Supply: 100,000,000 OMNI
👉Launchpool Token Rewards: 3,500,000 OMNI (3.5% of max token supply)
👉Initial Circulating Supply: 10,391,492 OMNI (10.39% of max token supply)
👉Smart Contract Details: Ethereum
👉Staking Terms: KYC required
👉Hourly Hard Cap per User:
🔥3,098.95 OMNI in BNB pool
🔥546.87 OMNI in FDUSD pool
💪Stake $BNB and farm Omni:
https://launchpad.binance.com/en/launchpool/OMNI_BNB
💪Stake $FDUSD and farm Omni:
https://launchpad.binance.com/en/launchpool/OMNI_FDUSD
HAPPY FARMING 🔥
#OMNILAUNCHPOOL
$SAGA is trending right now being one of #BinanceLaunchPool project that everyone waiting for. good article
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--
Bullish
The 51th Project on #BinanceLaunchpool Saga already breaking Records!
Binance Users Stake Record $13 Billion to Earn Saga Gaming Token Rewards! It's breaking all previous Projects on Binance Launchpool.
Binance users have staked more than $13.1 billion worth of Binance Coin (BNB) and the FDUSD stablecoin to earn a share of the 45 million SAGA tokens being offered up through the platform, or half of the token's initial circulating supply.
But that's not surprising for me since Saga is bringing the true Crypto Revolution in #GameFi and #L1Blockchain
🔥 As an L1 to launch L1s with costless transactions, Saga is making it possible for developers to build for mass adoption. Fast bridging and interoperability, no gas fees to end users and elastic scaling make for a chain that offers peak performance at commodity pricing. In my Opinion none of the rest L1 out there is driving such an adoption and offering such an opportunities as Saga!
🔥Saga is set to disrupt the game industry with the introduction of Saga Origins, a revolutionary publishing arm for provocative, expansive and
uncompromising games. #GameFiRevolution was Meta last Bull Cycle and will be even bigger this one and of course SAGA is making waves here as well with the Saga Origins!
On top of everything here is what makes me most bullish for Saga long term:
💪 340 projects on testnet
💪 Gaming made up 80% testnet projects
💪 Partnerships with Polygon, Avalanche, Celestia
💪 Partnerships with gaming giants MarbleX & Com2us
💪 Saga is a partnerships and business development machine.
So with everything said is pretty obvious why Saga is breaking all the Records on Binance Launchpool.
Less than 2 days to farm it Folks. Don't miss this Golden Opportunity to get free Saga.
Just stake your $BNB or $FDUSD
Here is the link:
🔥https://launchpad.binance.com/en/
Happy Farming 🔥🔥
#SAGALAUNCHPOOL
Binance Users Stake Record $13 Billion to Earn Saga Gaming Token Rewards! It's breaking all previous Projects on Binance Launchpool.
Binance users have staked more than $13.1 billion worth of Binance Coin (BNB) and the FDUSD stablecoin to earn a share of the 45 million SAGA tokens being offered up through the platform, or half of the token's initial circulating supply.
But that's not surprising for me since Saga is bringing the true Crypto Revolution in #GameFi and #L1Blockchain
🔥 As an L1 to launch L1s with costless transactions, Saga is making it possible for developers to build for mass adoption. Fast bridging and interoperability, no gas fees to end users and elastic scaling make for a chain that offers peak performance at commodity pricing. In my Opinion none of the rest L1 out there is driving such an adoption and offering such an opportunities as Saga!
🔥Saga is set to disrupt the game industry with the introduction of Saga Origins, a revolutionary publishing arm for provocative, expansive and
uncompromising games. #GameFiRevolution was Meta last Bull Cycle and will be even bigger this one and of course SAGA is making waves here as well with the Saga Origins!
On top of everything here is what makes me most bullish for Saga long term:
💪 340 projects on testnet
💪 Gaming made up 80% testnet projects
💪 Partnerships with Polygon, Avalanche, Celestia
💪 Partnerships with gaming giants MarbleX & Com2us
💪 Saga is a partnerships and business development machine.
So with everything said is pretty obvious why Saga is breaking all the Records on Binance Launchpool.
Less than 2 days to farm it Folks. Don't miss this Golden Opportunity to get free Saga.
Just stake your $BNB or $FDUSD
Here is the link:
🔥https://launchpad.binance.com/en/
Happy Farming 🔥🔥
#SAGALAUNCHPOOL
Really suprised with ENA, huge assets n high pump also. check out the coin guys
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Weekly Token + Narrative Watchlist🔎
• $ENA
- "New shiny + Serious projects" = Ethena
- Achieved the highest returns among major dApps over the last 7 days, with $8M in earnings.
- Significantly increased TAM with BTC collateral acceptance.
• $ORDI
- Serves as the default memecoin proxy for the BTC Halving cycle.
- On April 4, Franklin Templeton wrote a report on Bitcoin Ordinals.
- Scheduled for a Coinbase Futures listing on April 11th, Stacks Nakamoto Upgrade beginning on April 16th.
• $FTM
- Andre Cronje said, "Sonic upgrade still spring and The Summer target is something bigger."
- Recently, Solana experienced network congestion. Fantom could be an indirect beneficiary of this issue with its "horizontal scaling" narrative.
• $ALT
- Rumors suggest an Eigenlayer TGE happening in mid-April, hinted by Arthur Hayes.
- Altlayer is a leading Eigen-beta with a "Restaked Rollup narrative".
- $ALT stakers are highly likely to receive airdrops of $EIGEN and $XTER.
• $DOGE
- In recent years (2021, 2022, 2023), Doge has shown a tendency to maintain its upward momentum until the day before Doge Day (4/20).
• $MANTLE
- Mantle is guaranteeing high returns for $MNT stakers through Ethena/Pendle
- An airdrop of $PUFF has been conducted for $MNT stakers, and the price of $PUFF has reached an ATH, attracting retail money.
- As a result, Mantle's TVL and holders are reaching new ATHs daily, acting as a catalyst for upward momentum.
• $ANKR
- AI + dePIN + BTC LST + RaaS = Ankr
- The utility of the $ANKR token is being reevaluated due to #Neura_io.
- Important announcement expected at "Stability World AI" on April 15th.
• $STG
- The launch of Stargate V2 is imminent, as hinted by Layerzero Co-Founder.
- Currently, it's the leading bridge in terms of volume and DAU.
- The launch of Wormhole $W is causing a reevaluation of the value of interoperability projects.
• $ENA
- "New shiny + Serious projects" = Ethena
- Achieved the highest returns among major dApps over the last 7 days, with $8M in earnings.
- Significantly increased TAM with BTC collateral acceptance.
• $ORDI
- Serves as the default memecoin proxy for the BTC Halving cycle.
- On April 4, Franklin Templeton wrote a report on Bitcoin Ordinals.
- Scheduled for a Coinbase Futures listing on April 11th, Stacks Nakamoto Upgrade beginning on April 16th.
• $FTM
- Andre Cronje said, "Sonic upgrade still spring and The Summer target is something bigger."
- Recently, Solana experienced network congestion. Fantom could be an indirect beneficiary of this issue with its "horizontal scaling" narrative.
• $ALT
- Rumors suggest an Eigenlayer TGE happening in mid-April, hinted by Arthur Hayes.
- Altlayer is a leading Eigen-beta with a "Restaked Rollup narrative".
- $ALT stakers are highly likely to receive airdrops of $EIGEN and $XTER.
• $DOGE
- In recent years (2021, 2022, 2023), Doge has shown a tendency to maintain its upward momentum until the day before Doge Day (4/20).
• $MANTLE
- Mantle is guaranteeing high returns for $MNT stakers through Ethena/Pendle
- An airdrop of $PUFF has been conducted for $MNT stakers, and the price of $PUFF has reached an ATH, attracting retail money.
- As a result, Mantle's TVL and holders are reaching new ATHs daily, acting as a catalyst for upward momentum.
• $ANKR
- AI + dePIN + BTC LST + RaaS = Ankr
- The utility of the $ANKR token is being reevaluated due to #Neura_io.
- Important announcement expected at "Stability World AI" on April 15th.
• $STG
- The launch of Stargate V2 is imminent, as hinted by Layerzero Co-Founder.
- Currently, it's the leading bridge in terms of volume and DAU.
- The launch of Wormhole $W is causing a reevaluation of the value of interoperability projects.
A huge new project of SAGA. That's exciting
LIVE
Crypto Revolution Masters
--
The New Revolutionary Project on Binance Launchpool - SAGA! Deep Insights! Farming live now!
INTRO
Web3 founders face a crucial decision when deciding to launch their product. If they want to avoid the layer 2 option due to concerns surrounding centralized sequencers and multisig bridges, they must choose between two main paths: developing their product as a smart contract and deploying it on an existing Layer 1 blockchain, or taking the ambitious route of creating their own blockchain from scratch. The former option comes with different advantages, notably removing the complexities of infrastructure management, ensuring a decentralized foundation, and leveraging the network effect inherent in the underlying blockchain.
Yet, opting for a smart contract deployment is not without tradeoffs. It leads to a competition for block space, resulting in a worse user experience characterized by inflated gas costs and transaction fees, coupled with an impact on transaction executions. The immutability of smart contracts can also be restrictive, offering little flexibility for the protocol in the case of critical bugs or hacks. The smart contract approach also lacks sovereignty, as the protocol will be subject to the rules of the hosting blockchain.
🔥 One solution that has gained popularity in the last two years to address the challenges of the smart contract approach is the appchain thesis, which was pioneered by Cosmos and followed by Polkadot. The idea behind this model is to build a dedicated blockchain for one application. Compared to the smart-contract solution, this model offers sovereignty and full customizability from the blockchain to the application. It also enhances performance and scalability since the application has its own blockspace. This leads to increased opportunities for the token to capture value, such as MEV, as Osmosis does, in addition to capturing other network fees.
Certainly, this solution involves several important factors to consider. It requires the management of the chain’s infrastructure, ensuring its own security, attracting validators, and designing a tokenomics model that aligns the interests of validators, stakers, and app users.
...........
What if we could easily launch an application, similar to deploying a smart contract, and gain the benefits of an appchain, all without any initial investment or extensive effort? This is exactly what Saga’s value proposition is about.
...........
Saga’s value proposition and architecture
The Saga protocol functions like application-specific blockchains as a service. In other words, Saga is a blockchain used to easily launch other blockchains, called “Chainlets” in the Saga ecosystem. Chainlets are secured by the Saga blockchain and its validators through a mechanism called Interchain Security, a well-known shared-security system in Cosmos.
Interchain security means that one blockchain, in this case Saga, acts as a provider of security for other blockchains, in this case the Chainlets. As a result, the Chainlets inherit the benefits of running a Cosmos SDK appchain but outsource their block validation and validator set to Saga.
Therefore, a Chainlet is a sovereign blockchain that has the same level of security and decentralization as Saga.
Saga introduces an easy, decentralized, and secure approach to deploying application-specific blockchains. This solution also grants developers the autonomy to choose their preferred Virtual Machine (VM), with initial support for the Ethereum Virtual Machine (EVM).
In the long run, Chainlets aims to be VM agnostic, which means that developers would have the flexibility to choose from a variety of virtual machines, including the EVM, CosmWasm, or the Javascript VM for example.
How to launch its own Chainlet?
The way Chainlets are created differs slightly from what we can observe on the Cosmos Hub when launching consumer chains with Replicated Security. In contrast to the Cosmos Hub, the launch of a Chainlet with Saga is entirely permissionless.
Developers only need to have SAGA tokens to pay for setting up and maintaining their Chainlet. This is similar to services offered by Amazon Web Services and other SaaS platforms, except that here the subscription fee is paid in SAGA tokens to create and maintain a Chainlet.
This means that once the fee is paid, the role of Saga validators is to set up and run the infrastructure for a Chainlet, similar to how Cosmos Hub validators also operate the infrastructure of the consumer chains.
To launch a Chainlet, a developer is required to allocate funds to an escrow account using SAGA tokens. This escrow account can be pre-funded to any desired amount and works like a prepaid service to cover the costs associated with the Chainlet. If the deposited fee is depleted, the Chainlet goes offline until the developer deposits more SAGA in the account. The fee is determined per epoch, where one epoch lasts approximately one day.
Diverse methods could be used for funding the escrow account with SAGA tokens:
🔥Directly fund the account with SAGA tokens
🔥Stake SAGA with the escrow account to cover the fee through staking rewards
🔥Allow sponsors, communities and DAOs to pay the fee
🔥Implement an IBC mechanism to seamlessly convert any crypto into SAGA and pay for the fee
This subscription fee is determined by the Saga validator set. Before the start of a new epoch, each Saga validator submits the fee they would like to receive for running a Chainlet. These bids are then locked before the start of the next epoch, and a Musical Chair Auction begins.
The Musical Chair Auction is a process that aims to establish a universal price for running a Chainlet. In this context, each validator presents their bid, and only the w validators with the lowest prices are included in the ‘Winning Set’. The remaining validators with higher bids constitute the ‘Losing Set’.
The final cost of running a Chainlet is determined by the highest bid within the Winning Set. This implies that the validator with the highest bid in the Winning Set gets its desired price, while other validators within the Winning Set not only secure their desired price but also receive an additional margin on their bid.
The price that developers will have to pay for Saga validators to run a Chainlet is:
To prevent collusion or Sybil attacks related to the Winning and Losing Set, the count of validators within this set must be large enough to make controlling the Winning Set challenging. According to the Saga team, this number should range between 75% and 85% of the participants in the Musical Chair Auction.
However, the Musical Chair Auction is not riskless for a validator. In fact, the mechanism is designed to incentivize validators to submit bids as low as possible, rewarding validators within the Winning Set, while penalizing those in the Losing Set.
A possible way for the team to handle punishment is to treat it like validator downtime: validators who are down for a certain period get a minor slash and are jailed (removed from the active set). Validators who lose the auction too often in a given period could also be minorly slashed and jailed.
Hence, the SAGA token has multiple use cases: it is used as a subscription fee to keep the Chainlet alive and to reward the validators for running the infrastructure. In this case, there is a 1:1 relationship between costs and revenues with the auction system. We can also think about having pools of validators that share the cost, with validators only running some Chainlets and not others, to improve scalability.
Saga and its Chainlets introduce an interesting token structure, as gas fees are not explicitly collected from end users. Within a Chainlet, gas fees can be paid using Saga, the developer’s own Chainlet token, no tokens at all (gasless transactions), or even other tokens such as ETH or USDC.
It’s worth noting that gas fees generated within a specific Chainlet are directed to a wallet managed by the developer. This confers a high degree of flexibility to the Chainlet and its team in determining their preferred monetization approach.
Consequently, with Chainlets, developers benefit from predictable and low costs, an easy process for deploying their blockchains, and the capacity to horizontally scale applications. While Chainlets inherit security from Saga, there exists a method for a Chainlet to also leverage and inherit Ethereum’s security using the Saga stack. Let’s delve into this aspect in the following section.
Zoom on a specific type of Chainlets: Ethlets
Saga Ethlet is a new Ethereum scaling solution that combines the best attributes from appchains, rollups, and validiums into a single product. Launching an Ethlet will be as easy as launching a Chainlet: with one click, an Ethlet can be created and inherit Ethereum’s security.
How does this mechanism work? Ethlets work with three essential components: Data Availability, State Hash Commitment, and Fraud Proof.
At the end of each epoch (~ 1 day), blocks produced during that time frame are batched, forming the ‘batched epoch’. A new epoch referred to as the ‘challenge period’ then begins. During this challenge period, Saga’s validators can use a fraud-proof mechanism (optimistic ZK or interactive) that enables the identification of any fraudulent transactions or state transitions that might occur within the blocks from the batched epoch. If, by the end of the challenge period, no fraud-proof has been presented, the state hash of the previous batched epoch is committed to Ethereum, and therefore, this committed state inherits the security of Ethereum.
This implies that there is a one-epoch delay for a state hash to be committed to Ethereum and inherit its security. However, it’s important to note that blocks inherit Saga’s security even before being committed to Ethereum.
Finally, Saga will be used as a Data Availability layer, similar to a validium, to avoid the high Data Availability costs of Ethereum. An Ethlet thus achieves fast finality through Tendermint, facilitates rapid bridging, and leverages the advantages of IBC. This approach ensures cost-effectiveness while also inheriting Ethereum’s security.
..........
Saga offers any developer the ability to easily launch their application as a Chainlet and inherit Saga’s mainnet level of security and decentralization from the start. By choosing this option, the application will benefit from its dedicated blockspace, and the team will gain more control over the blockchain and the application layers compared to launching as a smart contract. If the developer choses, they can upgrade a Chainlet into an Ethlet and gain the benefits of Ethereum Security.
Saga is initially focused on gaming and entertainment chains, as we can notice from their partnerships. Gaming applications are one of the fastest-growing sectors in web3, and a gaming project, such as a video game, needs its own dedicated scalable blockchain capable of supporting high transaction volumes — exactly what Saga is offering and what Chainlets based on the Cosmos SDK can provide. As web3 gaming and entertainment continue to grow and the demand for scalable architecture for users increases, Saga presents itself as the solution to provide the necessary architecture and is confident in onboarding the next 1000 chains in the Multiverse.
The most Bullish Achievements so far for #SAGA. for me are:
🔥340 projects on testnet
🔥 Gaming made up 80% testnet projects
🔥 Partnerships with Polygon, Avalanche, Celestia
🔥 Partnerships with gaming giants MarbleX & Com2us
🔥 Saga is a partnerships and business development machine
...........
Binance will then list SAGA at 2024-04-09 14:00 (UTC) and open trading with SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD and SAGA/TRY trading pairs. The Seed Tag will be applied to SAGA.
SAGA Launchpool Details:
👉Token Name: Saga (SAGA)
👉Max Token Supply: 1,000,000,000 SAGA
👉Launchpool Token Rewards: 45,000,000 SAGA (4.5% of max token supply)
👉Initial Circulating Supply: 90,000,000 SAGA (9% of max token supply)
👉Smart Contract Details: Saga Security Chain
👉Staking Terms: KYC required
👉Hourly Hard Cap per User:
🔥37,500 SAGA in BNB pool
🔥9,375 SAGA in FDUSD pool
Supported Pools:
💪Stake BNB:
https://launchpad.binance.com/en/launchpool/SAGA_BNB
💪Stake FDUSD:
https://launchpad.binance.com/en/launchpool/SAGA_FDUSD
Farming Period: 2024-04-05 00:00 (UTC) to 2024-04-08 23:59 (UTC).
Happy Farming 🙂
#BinanceLaunchpool #SAGALAUNCHPOOL
Web3 founders face a crucial decision when deciding to launch their product. If they want to avoid the layer 2 option due to concerns surrounding centralized sequencers and multisig bridges, they must choose between two main paths: developing their product as a smart contract and deploying it on an existing Layer 1 blockchain, or taking the ambitious route of creating their own blockchain from scratch. The former option comes with different advantages, notably removing the complexities of infrastructure management, ensuring a decentralized foundation, and leveraging the network effect inherent in the underlying blockchain.
Yet, opting for a smart contract deployment is not without tradeoffs. It leads to a competition for block space, resulting in a worse user experience characterized by inflated gas costs and transaction fees, coupled with an impact on transaction executions. The immutability of smart contracts can also be restrictive, offering little flexibility for the protocol in the case of critical bugs or hacks. The smart contract approach also lacks sovereignty, as the protocol will be subject to the rules of the hosting blockchain.
🔥 One solution that has gained popularity in the last two years to address the challenges of the smart contract approach is the appchain thesis, which was pioneered by Cosmos and followed by Polkadot. The idea behind this model is to build a dedicated blockchain for one application. Compared to the smart-contract solution, this model offers sovereignty and full customizability from the blockchain to the application. It also enhances performance and scalability since the application has its own blockspace. This leads to increased opportunities for the token to capture value, such as MEV, as Osmosis does, in addition to capturing other network fees.
Certainly, this solution involves several important factors to consider. It requires the management of the chain’s infrastructure, ensuring its own security, attracting validators, and designing a tokenomics model that aligns the interests of validators, stakers, and app users.
...........
What if we could easily launch an application, similar to deploying a smart contract, and gain the benefits of an appchain, all without any initial investment or extensive effort? This is exactly what Saga’s value proposition is about.
...........
Saga’s value proposition and architecture
The Saga protocol functions like application-specific blockchains as a service. In other words, Saga is a blockchain used to easily launch other blockchains, called “Chainlets” in the Saga ecosystem. Chainlets are secured by the Saga blockchain and its validators through a mechanism called Interchain Security, a well-known shared-security system in Cosmos.
Interchain security means that one blockchain, in this case Saga, acts as a provider of security for other blockchains, in this case the Chainlets. As a result, the Chainlets inherit the benefits of running a Cosmos SDK appchain but outsource their block validation and validator set to Saga.
Therefore, a Chainlet is a sovereign blockchain that has the same level of security and decentralization as Saga.
Saga introduces an easy, decentralized, and secure approach to deploying application-specific blockchains. This solution also grants developers the autonomy to choose their preferred Virtual Machine (VM), with initial support for the Ethereum Virtual Machine (EVM).
In the long run, Chainlets aims to be VM agnostic, which means that developers would have the flexibility to choose from a variety of virtual machines, including the EVM, CosmWasm, or the Javascript VM for example.
How to launch its own Chainlet?
The way Chainlets are created differs slightly from what we can observe on the Cosmos Hub when launching consumer chains with Replicated Security. In contrast to the Cosmos Hub, the launch of a Chainlet with Saga is entirely permissionless.
Developers only need to have SAGA tokens to pay for setting up and maintaining their Chainlet. This is similar to services offered by Amazon Web Services and other SaaS platforms, except that here the subscription fee is paid in SAGA tokens to create and maintain a Chainlet.
This means that once the fee is paid, the role of Saga validators is to set up and run the infrastructure for a Chainlet, similar to how Cosmos Hub validators also operate the infrastructure of the consumer chains.
To launch a Chainlet, a developer is required to allocate funds to an escrow account using SAGA tokens. This escrow account can be pre-funded to any desired amount and works like a prepaid service to cover the costs associated with the Chainlet. If the deposited fee is depleted, the Chainlet goes offline until the developer deposits more SAGA in the account. The fee is determined per epoch, where one epoch lasts approximately one day.
Diverse methods could be used for funding the escrow account with SAGA tokens:
🔥Directly fund the account with SAGA tokens
🔥Stake SAGA with the escrow account to cover the fee through staking rewards
🔥Allow sponsors, communities and DAOs to pay the fee
🔥Implement an IBC mechanism to seamlessly convert any crypto into SAGA and pay for the fee
This subscription fee is determined by the Saga validator set. Before the start of a new epoch, each Saga validator submits the fee they would like to receive for running a Chainlet. These bids are then locked before the start of the next epoch, and a Musical Chair Auction begins.
The Musical Chair Auction is a process that aims to establish a universal price for running a Chainlet. In this context, each validator presents their bid, and only the w validators with the lowest prices are included in the ‘Winning Set’. The remaining validators with higher bids constitute the ‘Losing Set’.
The final cost of running a Chainlet is determined by the highest bid within the Winning Set. This implies that the validator with the highest bid in the Winning Set gets its desired price, while other validators within the Winning Set not only secure their desired price but also receive an additional margin on their bid.
The price that developers will have to pay for Saga validators to run a Chainlet is:
To prevent collusion or Sybil attacks related to the Winning and Losing Set, the count of validators within this set must be large enough to make controlling the Winning Set challenging. According to the Saga team, this number should range between 75% and 85% of the participants in the Musical Chair Auction.
However, the Musical Chair Auction is not riskless for a validator. In fact, the mechanism is designed to incentivize validators to submit bids as low as possible, rewarding validators within the Winning Set, while penalizing those in the Losing Set.
A possible way for the team to handle punishment is to treat it like validator downtime: validators who are down for a certain period get a minor slash and are jailed (removed from the active set). Validators who lose the auction too often in a given period could also be minorly slashed and jailed.
Hence, the SAGA token has multiple use cases: it is used as a subscription fee to keep the Chainlet alive and to reward the validators for running the infrastructure. In this case, there is a 1:1 relationship between costs and revenues with the auction system. We can also think about having pools of validators that share the cost, with validators only running some Chainlets and not others, to improve scalability.
Saga and its Chainlets introduce an interesting token structure, as gas fees are not explicitly collected from end users. Within a Chainlet, gas fees can be paid using Saga, the developer’s own Chainlet token, no tokens at all (gasless transactions), or even other tokens such as ETH or USDC.
It’s worth noting that gas fees generated within a specific Chainlet are directed to a wallet managed by the developer. This confers a high degree of flexibility to the Chainlet and its team in determining their preferred monetization approach.
Consequently, with Chainlets, developers benefit from predictable and low costs, an easy process for deploying their blockchains, and the capacity to horizontally scale applications. While Chainlets inherit security from Saga, there exists a method for a Chainlet to also leverage and inherit Ethereum’s security using the Saga stack. Let’s delve into this aspect in the following section.
Zoom on a specific type of Chainlets: Ethlets
Saga Ethlet is a new Ethereum scaling solution that combines the best attributes from appchains, rollups, and validiums into a single product. Launching an Ethlet will be as easy as launching a Chainlet: with one click, an Ethlet can be created and inherit Ethereum’s security.
How does this mechanism work? Ethlets work with three essential components: Data Availability, State Hash Commitment, and Fraud Proof.
At the end of each epoch (~ 1 day), blocks produced during that time frame are batched, forming the ‘batched epoch’. A new epoch referred to as the ‘challenge period’ then begins. During this challenge period, Saga’s validators can use a fraud-proof mechanism (optimistic ZK or interactive) that enables the identification of any fraudulent transactions or state transitions that might occur within the blocks from the batched epoch. If, by the end of the challenge period, no fraud-proof has been presented, the state hash of the previous batched epoch is committed to Ethereum, and therefore, this committed state inherits the security of Ethereum.
This implies that there is a one-epoch delay for a state hash to be committed to Ethereum and inherit its security. However, it’s important to note that blocks inherit Saga’s security even before being committed to Ethereum.
Finally, Saga will be used as a Data Availability layer, similar to a validium, to avoid the high Data Availability costs of Ethereum. An Ethlet thus achieves fast finality through Tendermint, facilitates rapid bridging, and leverages the advantages of IBC. This approach ensures cost-effectiveness while also inheriting Ethereum’s security.
..........
Saga offers any developer the ability to easily launch their application as a Chainlet and inherit Saga’s mainnet level of security and decentralization from the start. By choosing this option, the application will benefit from its dedicated blockspace, and the team will gain more control over the blockchain and the application layers compared to launching as a smart contract. If the developer choses, they can upgrade a Chainlet into an Ethlet and gain the benefits of Ethereum Security.
Saga is initially focused on gaming and entertainment chains, as we can notice from their partnerships. Gaming applications are one of the fastest-growing sectors in web3, and a gaming project, such as a video game, needs its own dedicated scalable blockchain capable of supporting high transaction volumes — exactly what Saga is offering and what Chainlets based on the Cosmos SDK can provide. As web3 gaming and entertainment continue to grow and the demand for scalable architecture for users increases, Saga presents itself as the solution to provide the necessary architecture and is confident in onboarding the next 1000 chains in the Multiverse.
The most Bullish Achievements so far for #SAGA. for me are:
🔥340 projects on testnet
🔥 Gaming made up 80% testnet projects
🔥 Partnerships with Polygon, Avalanche, Celestia
🔥 Partnerships with gaming giants MarbleX & Com2us
🔥 Saga is a partnerships and business development machine
...........
Binance will then list SAGA at 2024-04-09 14:00 (UTC) and open trading with SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD and SAGA/TRY trading pairs. The Seed Tag will be applied to SAGA.
SAGA Launchpool Details:
👉Token Name: Saga (SAGA)
👉Max Token Supply: 1,000,000,000 SAGA
👉Launchpool Token Rewards: 45,000,000 SAGA (4.5% of max token supply)
👉Initial Circulating Supply: 90,000,000 SAGA (9% of max token supply)
👉Smart Contract Details: Saga Security Chain
👉Staking Terms: KYC required
👉Hourly Hard Cap per User:
🔥37,500 SAGA in BNB pool
🔥9,375 SAGA in FDUSD pool
Supported Pools:
💪Stake BNB:
https://launchpad.binance.com/en/launchpool/SAGA_BNB
💪Stake FDUSD:
https://launchpad.binance.com/en/launchpool/SAGA_FDUSD
Farming Period: 2024-04-05 00:00 (UTC) to 2024-04-08 23:59 (UTC).
Happy Farming 🙂
#BinanceLaunchpool #SAGALAUNCHPOOL
Join this event to get a chance KYC gift 10$
LIVE
Crypto Revolution Masters
--
Amazing Opportunity for New Users on Binance - $10 Bonus and chance to get a Golden Egg with 1 BTC!
Hey Folks. I want to share this amazing opportunity with you. All you need is to follow 2 simple steps!
1. Register here:
https://accounts.binance.info/en/register?ref=10111579
You will get $10 Bonus. Just don't forget to do KYC!
2. Open the Egg here:
https://www.binance.com/en/activity/red-packets/RP1497937771852924851300/share?utm_medium=web_share_copy
More information about the Campaign you can find here:
https://www.binance.com/en/support/announcement/golden-egg-giveaway-sign-up-with-binance-now-to-share-over-200-000-in-btc-rewards-with-1-whole-bitcoin-up-for-grabs-6375aa918ed74795aa4c9eb658dac893
#BinaceEaster #EasterBitcoin #EasterWithBTC
1. Register here:
https://accounts.binance.info/en/register?ref=10111579
You will get $10 Bonus. Just don't forget to do KYC!
2. Open the Egg here:
https://www.binance.com/en/activity/red-packets/RP1497937771852924851300/share?utm_medium=web_share_copy
More information about the Campaign you can find here:
https://www.binance.com/en/support/announcement/golden-egg-giveaway-sign-up-with-binance-now-to-share-over-200-000-in-btc-rewards-with-1-whole-bitcoin-up-for-grabs-6375aa918ed74795aa4c9eb658dac893
#BinaceEaster #EasterBitcoin #EasterWithBTC
More know about $ETHENA , and how we do the farming completely explanation on this article. Well written article so the beginner can do DYOR and join the project.
LIVE
Crypto Revolution Masters
--
What is ETHENA? Features? How to Farm on Binance Launchpool? Everything you need to know
Hey Folks, time to go more deeper in #Ethena! and explain what is about and how to Farm on Binance Launchpool.
Ethena is developing an Ethereum-based internet bond with the main product being a decentralized stablecoin called USDe.
💪On March 29, Ethena became the 50th project on Binance Launchpool. Binance plans to list the ENA token at 8:00 a.m. on April 2 (UTC) with the trading pairs ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD and ENA/TRY, and attach a seed tag to this token. Detailed information is as follows:
👉Token name: Ethena (ENA)
👉Total supply: 15,000,000,000 ENA
👉Launchpool reward: 300,000,000 ENA (2% of total maximum supply).
👉Initial circulating supply: 1,425,000,000 ENA (9.5% of total maximum supply).
👉Staking terms: KYC required
🔥Hourly hardcap per user:
👉333,333.33 ENA in BNB pool.
👉83,333.33 ENA in FDUSD pool.
What is Ethena?
Ethena is a USD (synthetic dollar) synthesis protocol built on the Ethereum blockchain. The project provides a cryptocurrency investment solution that does not depend on traditional banking infrastructure and a global USD savings tool "Internet Bond".
Ethena's synthetic currency is USDe, which helps resist censorship and can be expanded stably by staking Ethereum for a certain period of time. This protects the value of the USD in the cryptocurrency market. USDe fully supports, on-chain transparency and has the ability to freely transact in the decentralized financial system (DeFi).
On March 28th, Ethena Labs announced the distribution of a 750 million ENA token airdrop to shard holders. Users can request to claim the airdrop starting from April 2nd, and the claiming portal will remain open for 30 days.
Users must continue to hold and lock USDe, maintaining a minimum balance equal to the snapshot taken on March 26th. The top 2,000 wallets with the highest shard scores will have 50% of their tokens locked, gradually unlocking them over six months.
Ethena will continue to roll out Phase 2 of the reward program from April 2nd to September 2nd, encouraging users to use BTC as collateral for the stablecoin USDe. The program may end early if the total supply of USDe reaches $5 billion. Participants will receive rewards similar to the Shard Campaign.
Characteristics of Ethena
👉USDe: Ethena Labs manages the creation and redemption of the synthetic USD coin "USDe". This is the first fully-backed, on-chain, scalable and censorship-resistant cryptocurrency. The USDe backer introduces the first “internet bond” to save synthetic USD yielding profits from staking and market arbitrage.
👉Internet bonds: Internet bonds tightly integrated with blockchain technology and cryptocurrencies, providing yield on staked Ethereum and spreads between price and basis in perpetual and futures markets. With large scalability and optimal capital efficiency, bonds ensure transparency and security through an automatic program custody solution, without human intervention. At the same time, the system uses the MPC "off-exchange" custody mechanism to create a fair environment for all users.
🔥Profit: The project's profit comes from two sources:
🔥Consensus rewards and enforcement of staked ETH.
🔥Funding and arbitrage earned from delta hedging derivative positions.
🔥Delta hedging: Trading strategy that allows users to profit from the price difference of USDe in the market of $1 or more. The feature helps reduce the risk of price fluctuations, automatically adjusting to maintain delta positions (price correlation) with the underlying asset. Ethena uses delta hedging during the issuance of USDe to ensure stablecoin stability.
Features of Ethena
🔥Buy USDe without permission: Investors use off-chain AMM pools to buy or sell USDe with collateral such as USDT or USDC.
🔥Direct USDe generation: Participants deposit stETH as collateral and receive USDe. Accounts need to pass KYC/KYB (identity verification) checks from partners to be approved.
🔥Exchange USDe directly: Users send USDe to receive stETH for KYC/KYB accounts.
🔥Stake and unstake USDe: Those on the authorized list will receive a portion of the generated yield.
Investors and partners
After a fundraising round in February valued at $14 million USD, Ethena's total investment has now reached $20 million USD. Several renowned investors have participated in the project, including Binance Labs, PayPal, Gemini, OKX, Bybit, Huobi, BitMEX, and Deribit. The project's valuation is currently at $300 million USD.
In addition, Ethena has partnerships with Dragonfly, Franklin Templeton, Fidelity, Mirana…
Ethena introduces two new concepts: USDe and internet bonds. The project provides blockchain transparency with many utilities to meet the diverse needs of users. With a TVL of $539,600,000, Ethena promises future development potential. However, investors need to research carefully before deciding to join the platform.
💪 I'll repeat for me every Project on Binance Launchpool will do extremely good middle and long-term so expecting the same for ETHENA!
HOW TO FARM
👉Stake BNB to farm Ethena:
https://launchpad.binance.com/en/launchpool/ENA_BNB
👉Stake FDUSD to farm Ethena:
https://launchpad.binance.com/en/launchpool/ENA_FDUSD
#ENALAUNCHPOOL
Ethena is developing an Ethereum-based internet bond with the main product being a decentralized stablecoin called USDe.
💪On March 29, Ethena became the 50th project on Binance Launchpool. Binance plans to list the ENA token at 8:00 a.m. on April 2 (UTC) with the trading pairs ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD and ENA/TRY, and attach a seed tag to this token. Detailed information is as follows:
👉Token name: Ethena (ENA)
👉Total supply: 15,000,000,000 ENA
👉Launchpool reward: 300,000,000 ENA (2% of total maximum supply).
👉Initial circulating supply: 1,425,000,000 ENA (9.5% of total maximum supply).
👉Staking terms: KYC required
🔥Hourly hardcap per user:
👉333,333.33 ENA in BNB pool.
👉83,333.33 ENA in FDUSD pool.
What is Ethena?
Ethena is a USD (synthetic dollar) synthesis protocol built on the Ethereum blockchain. The project provides a cryptocurrency investment solution that does not depend on traditional banking infrastructure and a global USD savings tool "Internet Bond".
Ethena's synthetic currency is USDe, which helps resist censorship and can be expanded stably by staking Ethereum for a certain period of time. This protects the value of the USD in the cryptocurrency market. USDe fully supports, on-chain transparency and has the ability to freely transact in the decentralized financial system (DeFi).
On March 28th, Ethena Labs announced the distribution of a 750 million ENA token airdrop to shard holders. Users can request to claim the airdrop starting from April 2nd, and the claiming portal will remain open for 30 days.
Users must continue to hold and lock USDe, maintaining a minimum balance equal to the snapshot taken on March 26th. The top 2,000 wallets with the highest shard scores will have 50% of their tokens locked, gradually unlocking them over six months.
Ethena will continue to roll out Phase 2 of the reward program from April 2nd to September 2nd, encouraging users to use BTC as collateral for the stablecoin USDe. The program may end early if the total supply of USDe reaches $5 billion. Participants will receive rewards similar to the Shard Campaign.
Characteristics of Ethena
👉USDe: Ethena Labs manages the creation and redemption of the synthetic USD coin "USDe". This is the first fully-backed, on-chain, scalable and censorship-resistant cryptocurrency. The USDe backer introduces the first “internet bond” to save synthetic USD yielding profits from staking and market arbitrage.
👉Internet bonds: Internet bonds tightly integrated with blockchain technology and cryptocurrencies, providing yield on staked Ethereum and spreads between price and basis in perpetual and futures markets. With large scalability and optimal capital efficiency, bonds ensure transparency and security through an automatic program custody solution, without human intervention. At the same time, the system uses the MPC "off-exchange" custody mechanism to create a fair environment for all users.
🔥Profit: The project's profit comes from two sources:
🔥Consensus rewards and enforcement of staked ETH.
🔥Funding and arbitrage earned from delta hedging derivative positions.
🔥Delta hedging: Trading strategy that allows users to profit from the price difference of USDe in the market of $1 or more. The feature helps reduce the risk of price fluctuations, automatically adjusting to maintain delta positions (price correlation) with the underlying asset. Ethena uses delta hedging during the issuance of USDe to ensure stablecoin stability.
Features of Ethena
🔥Buy USDe without permission: Investors use off-chain AMM pools to buy or sell USDe with collateral such as USDT or USDC.
🔥Direct USDe generation: Participants deposit stETH as collateral and receive USDe. Accounts need to pass KYC/KYB (identity verification) checks from partners to be approved.
🔥Exchange USDe directly: Users send USDe to receive stETH for KYC/KYB accounts.
🔥Stake and unstake USDe: Those on the authorized list will receive a portion of the generated yield.
Investors and partners
After a fundraising round in February valued at $14 million USD, Ethena's total investment has now reached $20 million USD. Several renowned investors have participated in the project, including Binance Labs, PayPal, Gemini, OKX, Bybit, Huobi, BitMEX, and Deribit. The project's valuation is currently at $300 million USD.
In addition, Ethena has partnerships with Dragonfly, Franklin Templeton, Fidelity, Mirana…
Ethena introduces two new concepts: USDe and internet bonds. The project provides blockchain transparency with many utilities to meet the diverse needs of users. With a TVL of $539,600,000, Ethena promises future development potential. However, investors need to research carefully before deciding to join the platform.
💪 I'll repeat for me every Project on Binance Launchpool will do extremely good middle and long-term so expecting the same for ETHENA!
HOW TO FARM
👉Stake BNB to farm Ethena:
https://launchpad.binance.com/en/launchpool/ENA_BNB
👉Stake FDUSD to farm Ethena:
https://launchpad.binance.com/en/launchpool/ENA_FDUSD
#ENALAUNCHPOOL
In this Crypto field, as a beginner i would like to learn a lot about Crypto, NFT, WEB3 or anything that must know to learn and knowing about that.
Can you guys, help me what kind of website or someone on this page that always make a creation to helping us for the beginner.
Thanks In Advance🙏
#Write2Erarn
Can you guys, help me what kind of website or someone on this page that always make a creation to helping us for the beginner.
Thanks In Advance🙏
#Write2Erarn
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