The Lido community has recently added a new modification request after upgrading to V2. This proposal addresses the project’s financial aspects, especially income reallocation. A Lido community member known as “lidomaxi” presented a governance proposal on Wednesday to boost the usefulness of its native governance token LDO by implementing staking and a token buyback scheme. The proposal contains a Lido DAO insurance fund and a revenue-sharing feature.
All reward tokens will be vested and progressively unlocked over the course of six months. Token redemption will be based on VWAP and TWAMM price averaging, with a 14-day wait in withdrawing tokens from staking. According to data analytics companies Nansen and Arkham Intelligence, the suggestion came before Jump Trading moved over 3 million LDO tokens worth $7.5 million to a different address in two transactions. The problem of keeping a discrepancy insurance fund is another essential feature of this approach. In particular, if the quantity of stETH in the insurance fund goes below the required level (because of the need to compensate for slashing), some of the income for LDO stakeholder.
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PepeCZ Fair Launch: On-going fairlaunch.Don't miss out!
🪪 KYC ✅ AUDIT ✅ SAFU
➡️ Buy on pinksale: https://www.pinksale.finance/launchpad/0x4c0313d363e42b37a0bface2ef8e83f97b8a08dd?chain=BSC
Get ready for a meme-fueled crypto explosion! The most memeable memecoin “Pepe” merges with the Biggest name in Crypto “CZ” giving birth to “PepeCZ”. Join us at PepeCZ, and get ready to ride the rocket to the moon!
🔥 Renounced Ownership
🔥 Known & Experienced Team
🔥 CEX AMA's
🔥Avedex, Dexview, CMC, CG & Dextools Trending
🔥 CMC/CG Fast Track
🔥0% Buy & Sell
🔥 No Private Sale
🔥 No Team Tokens
🔍 Website: https://pepecztoken.vip
🕊 Twitter: https://twitter.com/pepeczofficial
✈️ Telegram: https://t.me/PepeCZPortal
Get ready for a meme-fueled crypto explosion! The most memeable memecoin “Pepe” merges with the Biggest name in Crypto “CZ” giving birth to “PepeCZ”. Join us at PepeCZ, and get ready to ride the rocket to the moon!
🔥Avedex, Dexview, CMC, CG & Dextools Trending
🔥0% Buy & Sell
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Ordinals (ORDI), a meme token on the BRC-20 network, has been added to OKX‘s spot trading platforms. Ordinals is a system that enables users to generate records using text, photos, audio, and video on Bitcoin’s smallest unit, the satoshi. In the Bitcoin network, these data may be utilized to generate NFTs and tokens. According to the OKX statement, ORDI deposits will be available on May 20, 2023 at 7:00 a.m. UTC. Spot trading for the ORDI/USDT.
OKX CEO Star also tweeted on the ORDI listing, stating that the OKX exchange would soon list ORDI and start deposits and withdrawals. He also said that the BRC-20 token wallet and marketplace would be available on the web3 wallet starting next week. Ordinals is a meme token in the BRC-20 network, a layer-2 Bitcoin solution that allows smart contracts and decentralized apps. Many BTC advocates, however, say that they choke the BTC network and are worthless. BRC-20 tokens have been created, many of which are meme tokens. Also, the Dogecoin network has a similar arrangement dubbed DRC-20, which has helped the DOGE network to shatter records in terms of transaction volume.
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But the most interesting thing is that we are the best astronauts, which is why we are embarking on a mission to Mars.
#Chinese #whales
‼️ #CEX #LISTING #SOON
#bara @coin_bara
🔰Contract: 0xF190dbD849E372FF824e631a1FdF199f38358BCf
💹Chart: dextools.io/app/en/ether/p…
#BARA $BARA #CapyBara
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🇲🇾 Malaysia Says Crypto Exchange Huobi Global Isn't Registered, Must Cease Operations
The Securities Commission Malaysia (SC) ordered Huobi Global to stop operations in the country, including disabling its website and mobile applications, because it is operating a digital asset exchange without registration. Operating a digital asset exchange without obtaining registration from the SC as a Recognised Market Operator is a offence under the Capital Markets and Services Act.
The regulator told the company to cease circulating, publishing or sending advertisements to Malaysian investors, according to an Monday announcement. Operating a digital asset exchange without obtaining registration from the SC as a Recognised Market Operator is a offence under the Capital Markets and Services Act. The regulator ordered CEO Leon Li to ensure the directives are carried out, and urged Malaysian investors using Huobi Global to stop trading on its platform, withdraw their funds and close their accounts. Huobi has been contacted for comment.
The Securities Commission Malaysia (SC) ordered Huobi Global to stop operations in the country, including disabling its website and mobile applications, because it is operating a digital asset exchange without registration. Operating a digital asset exchange without obtaining registration from the SC as a Recognised Market Operator is a offence under the Capital Markets and Services Act.
The regulator told the company to cease circulating, publishing or sending advertisements to Malaysian investors, according to an Monday announcement. Operating a digital asset exchange without obtaining registration from the SC as a Recognised Market Operator is a offence under the Capital Markets and Services Act. The regulator ordered CEO Leon Li to ensure the directives are carried out, and urged Malaysian investors using Huobi Global to stop trading on its platform, withdraw their funds and close their accounts. Huobi has been contacted for comment.
Crypto Box Shilling
🚀StartupersCoin (STAR) If you missed $PEPE in the early stage then don't miss it $STAR 👀 STAR is a platform that connects Japanese and foreign companies to facilitate mutual development. It aims to increase the number of companies that foster world peace…
🔥 Breaking News about STAR
Guysss, this happened. Lots of you have shown their dissatisfaction because of the fact that STAR coin was avilable on Bitmart only
STAR will be listed on MEXC in a few hours!!🚀
But actually I recommend to buy a bit on Bitmart, cause MEXC itself could bring massive pump
🔸Bitmart buy link
🔸MEXC buy link
Don’t miss it.
Guysss, this happened. Lots of you have shown their dissatisfaction because of the fact that STAR coin was avilable on Bitmart only
STAR will be listed on MEXC in a few hours!!🚀
But actually I recommend to buy a bit on Bitmart, cause MEXC itself could bring massive pump
🔸Bitmart buy link
🔸MEXC buy link
Don’t miss it.
🚀StartupersCoin (STAR)
If you missed $PEPE in the early stage then don't miss it $STAR 👀
💎 After tradable on Bitmart and listed on Coinmarketcap
The big news 🗞️now coming
$STAR now available on #MEXC!
🔥Hurry up guys and buy it before price pump
🔸MEXC buy link https://www.mexc.com/exchange/STAR_USDT?_from=search
🔸Website: https://www.startupers.io/
Don’t miss this big chance
If you missed $PEPE in the early stage then don't miss it $STAR 👀
💎 After tradable on Bitmart and listed on Coinmarketcap
The big news 🗞️now coming
$STAR now available on #MEXC!
🔥Hurry up guys and buy it before price pump
🔸MEXC buy link https://www.mexc.com/exchange/STAR_USDT?_from=search
🔸Website: https://www.startupers.io/
Don’t miss this big chance
📣 UrbanChain, Blockchain Energy Trading Platform, Has Raised £5 Million From Eurazeo
UrbanChain announced today that it has raised a £5.25 million Series A round spearheaded by top global investment firm Eurazeo through its venture expertise in the Climate and Smart City space. It does this on a half-hourly basis, using a system that is driven by an integrated blockchain and AI, and it continues to disrupt the sector by cutting bill prices for both commercial and residential clients. The P2P exchange offered by the company makes it possible for anyone to purchase truly.
UrbanChain will begin expanding into new foreign markets, beginning with Ireland. The company will also improve its technical infrastructure and increase its personnel from 10 to 21 employees by December 2023. With 150GWh (gigawatt hours) of electricity under management and about 1.2TWh (terawatt hours) in the pipeline, UrbanChain’s revenue is expected to exceed £22 million in the next 12 months. Dr. Somayeh Taheri, CEO of UrbanChain, stated, “We’re delighted to conclude this Series A led by Eurazeo, which will strengthen our technical infrastructure in response to the scale of exponential growth that we are experiencing.”
UrbanChain announced today that it has raised a £5.25 million Series A round spearheaded by top global investment firm Eurazeo through its venture expertise in the Climate and Smart City space. It does this on a half-hourly basis, using a system that is driven by an integrated blockchain and AI, and it continues to disrupt the sector by cutting bill prices for both commercial and residential clients. The P2P exchange offered by the company makes it possible for anyone to purchase truly.
UrbanChain will begin expanding into new foreign markets, beginning with Ireland. The company will also improve its technical infrastructure and increase its personnel from 10 to 21 employees by December 2023. With 150GWh (gigawatt hours) of electricity under management and about 1.2TWh (terawatt hours) in the pipeline, UrbanChain’s revenue is expected to exceed £22 million in the next 12 months. Dr. Somayeh Taheri, CEO of UrbanChain, stated, “We’re delighted to conclude this Series A led by Eurazeo, which will strengthen our technical infrastructure in response to the scale of exponential growth that we are experiencing.”
📣 LSDFi Protocol Records Historic Inflow Of $25 Million In A Single Day
On May 27, the LSDFi protocol achieved a remarkable milestone by witnessing an unprecedented inflow of $25 million in a single day. LSDFi, short for Liquidity-Staking Derivative Farming, is a decentralized finance (DeFi) protocol that allows users to stake their tokens and earn rewards. The protocol has gained considerable popularity within the DeFi community due to its innovative approach and attractive rewards system. This historic figure has set a new record for the highest inflow ever recorded in the protocol’s history.
The total value locked (TVL) in the LSDFi protocol currently stands at approximately $250 million, showcasing its substantial growth and adoption. Among the various projects within the protocol, Lybra Finance holds the largest share, constituting 48.3% of the total TVL. This highlights the trust and confidence users have placed in Lybra Finance’s offerings. Following Lybra Finance, Pendle secures the second-largest share of the LSDFi TVL, accounting for 15.9%. Pendle is a decentralized options protocol that enables users to trade tokenized future yield. Its presence within the LSDFi ecosystem demonstrates its appeal to DeFi participants. Additionally, Unsheth, a platform that provides synthetic assets backed by real-world commodities.
On May 27, the LSDFi protocol achieved a remarkable milestone by witnessing an unprecedented inflow of $25 million in a single day. LSDFi, short for Liquidity-Staking Derivative Farming, is a decentralized finance (DeFi) protocol that allows users to stake their tokens and earn rewards. The protocol has gained considerable popularity within the DeFi community due to its innovative approach and attractive rewards system. This historic figure has set a new record for the highest inflow ever recorded in the protocol’s history.
The total value locked (TVL) in the LSDFi protocol currently stands at approximately $250 million, showcasing its substantial growth and adoption. Among the various projects within the protocol, Lybra Finance holds the largest share, constituting 48.3% of the total TVL. This highlights the trust and confidence users have placed in Lybra Finance’s offerings. Following Lybra Finance, Pendle secures the second-largest share of the LSDFi TVL, accounting for 15.9%. Pendle is a decentralized options protocol that enables users to trade tokenized future yield. Its presence within the LSDFi ecosystem demonstrates its appeal to DeFi participants. Additionally, Unsheth, a platform that provides synthetic assets backed by real-world commodities.
ChitCAT #ETH - Fair Launch 🚨
ChitCat is a Meme token with LIVE messaging Dapp based on blockchain technology. After successfully managing to hit 42x on BSC chain, Chitcat is now expanding on ETH chain to bring more eyes on the project. After ETH launch, it will bridge with BSC.
🪙 Pinksale ETH Fairlaunch: https://www.pinksale.finance/launchpad/0xa7dB627999B5CFBD35e74753658C79599f19836b?chain=ETH
✅Already listed on MEXC Global and P2B Exchange
✅OKX Dex listing confirmed
✅2 Top 10 CEX listing at launch (1 has been paid)
✅Babydoge Partnership to be announced (Paid)
✅$PEPE CEX listing marketer Partnership
✅Huge Marketing push with Top Influencers
✅Super Based Team
✅Dapp Live on Mainnet
✅Low Tax
🌐Website: https://chitcat.io/
🐦Twitter: https://twitter.com/Chitcat_
💬Telegram: https://t.me/Chitcat_chat
🎐Medium: https://medium.com/@chitcat
🌍Dapp: https://www.chitcat.xyz/
ChitCat is a Meme token with LIVE messaging Dapp based on blockchain technology. After successfully managing to hit 42x on BSC chain, Chitcat is now expanding on ETH chain to bring more eyes on the project. After ETH launch, it will bridge with BSC.
🪙 Pinksale ETH Fairlaunch: https://www.pinksale.finance/launchpad/0xa7dB627999B5CFBD35e74753658C79599f19836b?chain=ETH
✅Already listed on MEXC Global and P2B Exchange
✅OKX Dex listing confirmed
✅2 Top 10 CEX listing at launch (1 has been paid)
✅Babydoge Partnership to be announced (Paid)
✅$PEPE CEX listing marketer Partnership
✅Huge Marketing push with Top Influencers
✅Super Based Team
✅Dapp Live on Mainnet
✅Low Tax
🌐Website: https://chitcat.io/
🐦Twitter: https://twitter.com/Chitcat_
💬Telegram: https://t.me/Chitcat_chat
🎐Medium: https://medium.com/@chitcat
🌍Dapp: https://www.chitcat.xyz/
Leading cryptocurrency exchange, Binance, has just concluded its first metaverse reality show dubbed “Build The Block.” The show ends with the blockchain project zkPass emerging as the winner, opening the way to several awards from the exchange. zkPass is a decentralized privacy-protecting identity protocol that harnesses Multi-party Computation (MPC) and Zero-knowledge Proof (ZKP) technology to enable users to prove their verifiable data in the Web2 and Web3 networks.
According to a press release shared with CryptoPotato, Binance awarded zkPass as the winner of its show after the protocol’s founding members received the highest votes throughout the seven-episode competition featuring 12 finalists. The purpose of the metaverse-hosted show is to search for the next big Web3 business tycoon. Aside from zkPass, four other projects that partook in the “Build The Block” contest were rewarded with investments from Binance Labs. Binance’s commitment to fostering the development of emerging blockchain startups is exemplified by its recent initiative, which builds upon its previous launch of a $500 million fund dedicated to nurturing Web3 companies.
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⭐️A world first insured fundraising Ecosystem with Insurabler.
#DYOR/ NFA
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Elon Musky - Fair Launch Live Now 🚨
Elon's Secret Favorite MEME. The formula is simple: Elon MUSK + HUSKY dog = $MUSKY Bull or bear, we are ready for 1000x. Neither bull nor bear, MUSKY season is coming for you! Buy $MUSKY, join the community let's kill the bear together.🔥
🟣SAFU 🔵AUDIT 🟢KYC 🟡DOXX
🔰 BUY & SELL 0% TAX
✅ 90% Community
✅ 10% CEX
✅ Fast,Track CMC & CG
🟢 Legality for top 10 CEX
🟢 Supply 1,000,000,000 $MUSKY
🗞️Ca: https://bscscan.com/token/0x1b2E12608bf7D2bb2a131C0EBe1C1A086d671e4A
🟩Buy Now Pinksale : https://www.pinksale.finance/launchpad/0x2fcf67fac9f6bc62c66c17b3be494f39cf22708b?chain=BSC
🌐Website: https://muskytoken.io/
🐦Twitter: https://twitter.com/MuskyToken
💬Telegram: https://t.me/muskytoken
Elon's Secret Favorite MEME. The formula is simple: Elon MUSK + HUSKY dog = $MUSKY Bull or bear, we are ready for 1000x. Neither bull nor bear, MUSKY season is coming for you! Buy $MUSKY, join the community let's kill the bear together.🔥
🟣SAFU 🔵AUDIT 🟢KYC 🟡DOXX
🔰 BUY & SELL 0% TAX
✅ 90% Community
✅ 10% CEX
✅ Fast,Track CMC & CG
🟢 Legality for top 10 CEX
🟢 Supply 1,000,000,000 $MUSKY
🗞️Ca: https://bscscan.com/token/0x1b2E12608bf7D2bb2a131C0EBe1C1A086d671e4A
🟩Buy Now Pinksale : https://www.pinksale.finance/launchpad/0x2fcf67fac9f6bc62c66c17b3be494f39cf22708b?chain=BSC
🌐Website: https://muskytoken.io/
🐦Twitter: https://twitter.com/MuskyToken
💬Telegram: https://t.me/muskytoken
🇯🇵 Japan’s Crypto Exchanges Request Licensed Leverage For Investors Of 4 To 10 Times
According to Bloomberg, unbowed by last year’s global digital-asset market catastrophe, Japan’s crypto exchanges are pressing for an easing of margin trading restrictions. The Japan Virtual & Crypto Assets Exchange Association states that many individuals in the business want retail investors to be able to borrow four to ten times their initial investment, although consumers may presently only borrow twice their first investment.
Genki Oda, the Vice Chairman of the association, stated in an interview with Bloomberg that modifying the leverage rule could enhance the appeal of Japan to crypto and blockchain firms. He further mentioned that such a move would stimulate increased trading activity. According to Oda, the nation’s digital-asset exchanges are in negotiations to obtain an agreement on a proposed leverage limit and may submit their proposal to the Financial Services Agency (FSA) as soon as next month. Japan has loosened several crypto laws, such as token listing and taxes, but it is still seen as having severe regulations. Because of this emphasis on investor safety, the Japanese branch of collapsed exchange FTX was able to restore money to customers early this year.
According to Bloomberg, unbowed by last year’s global digital-asset market catastrophe, Japan’s crypto exchanges are pressing for an easing of margin trading restrictions. The Japan Virtual & Crypto Assets Exchange Association states that many individuals in the business want retail investors to be able to borrow four to ten times their initial investment, although consumers may presently only borrow twice their first investment.
Genki Oda, the Vice Chairman of the association, stated in an interview with Bloomberg that modifying the leverage rule could enhance the appeal of Japan to crypto and blockchain firms. He further mentioned that such a move would stimulate increased trading activity. According to Oda, the nation’s digital-asset exchanges are in negotiations to obtain an agreement on a proposed leverage limit and may submit their proposal to the Financial Services Agency (FSA) as soon as next month. Japan has loosened several crypto laws, such as token listing and taxes, but it is still seen as having severe regulations. Because of this emphasis on investor safety, the Japanese branch of collapsed exchange FTX was able to restore money to customers early this year.
Swiss Central Bank to Launch Real-World CBDC Pilot ⚡️
🟢 The chairman of Swiss Central Bank,Thomas Jordan, has announced that the central bank is launching a wholesale CBDC on Switzerland's SIX digital exchange as part of a pilot.
👀 In a conference at Zurich on Monday, the Swiss central bank chair said that the project would begin soon.
The wholesale CBDC pilot will run on the Swiss SIX digital exchange for a limited time, the bank chair said.
☄️ The Swiss Central Bank has continued to remain skeptical of the idea of a retail central bank-backed digital currency. Swiss bank chair Jordan expressed his concern about potential risks retail CBDCs could have for the financial system.
➡️ He added that the use of retail CBDCs was more difficult to control.
💬 "We do not exclude that we will never introduce retail CBDCs but nevertheless we are a little bit prudent at the moment."
The wholesale CBDC pilot will run on the Swiss SIX digital exchange for a limited time, the bank chair said.
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Exchange operator Cboe Global Markets Inc. updated the filings for the spot bitcoin ETF on its website shortly after the SEC said that the spot bitcoin ETF filings were not clear and comprehensive. The refreshed filing is intended to address concerns raised by the U.S. Securities and Exchange Commission (SEC). According to these people, the agency notified exchanges Nasdaq and Cboe Global Markets, which had submitted applications for asset managers such as BlackRock and Fidelity Investments, that the files needed to be more precise and thorough.
Cboe, on behalf of five issuers of a spot bitcoin ETF filed with the SEC on Friday. Updated filings have been submitted to the Invesco Galaxy Bitcoin ETF, VanEck Bitcoin Trust, WisdomTree Bitcoin Trust, and Wise Origin Bitcoin Trust. One key issue is that the exchanges did not name the cryptocurrency trading platforms they plan to enter into custody-sharing arrangements to help detect fraud in the underlying Bitcoin market. The updated document states that the product, The Spot BTC SSA, will show signs of a custody-sharing agreement split between the two. The filing says that setup will allow additional access to data related to spot Bitcoin transactions on Coinbase if the exchange determines it is necessary as part of a monitoring program.
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OKX has stated that they have implemented support for the Starknet network ETH deposit service, and that withdrawals will be available at 8:00 am UTC on July 11, 2023. In response to the growing demand of our users, OKX are excited to announce support for ETH on Starknet, which will enable faster and more efficient trading. With this development, OKX aim to provide the users with a more seamless and convenient trading experience, while ensuring the security and scalability of the Ethereum network.
To ensure the smooth implementation of this new feature, OKX have set a timeline for the opening of ETH-Starknet deposits and withdrawals. ETH-Starknet deposits will be available starting at 8:00 am UTC on July 11, 2023, while withdrawals will be open at 8:00 am UTC on July 12, 2023. For those who may not be familiar with Starknet, it is an Ethereum Layer 2 Rollup that offers a permissionless, innovative, and secure scaling solution. By providing the advantages of Ethereum’s composability and security, while achieving massive scalability, Starknet is pioneering the path towards widespread blockchain adoption. OKX believe that supporting ETH on Starknet is a significant step forward in offering the users the best possible trading experience.
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zkGamingHub
Team has SAFU, KYC and Audit badges. Tax will be 3/3 at launch
The first ultimate game hub for web3 gaming on zkSync. zkGamingHub, the pioneer of Web3-native gaming connectivity on zkSync, aims to foster a cohesive ecosystem that seamlessly brings together games and gamers, uniting them under a single platform
Pinksale : https://www.pinksale.finance/launchpad/0x7d4e6610aeb79cbf53ba438e8d39fc673a493f1c?chain=BSC
Website : https://zkgaminghub.xyz/
Twitter : https://twitter.com/zkgaminghub
Team has SAFU, KYC and Audit badges. Tax will be 3/3 at launch
The first ultimate game hub for web3 gaming on zkSync. zkGamingHub, the pioneer of Web3-native gaming connectivity on zkSync, aims to foster a cohesive ecosystem that seamlessly brings together games and gamers, uniting them under a single platform
Pinksale : https://www.pinksale.finance/launchpad/0x7d4e6610aeb79cbf53ba438e8d39fc673a493f1c?chain=BSC
Website : https://zkgaminghub.xyz/
Twitter : https://twitter.com/zkgaminghub
Polygon, a leading cryptocurrency network, has unveiled its plans to establish a new governance framework for enhanced decentralized control over its ecosystem. The initiative, known as Polygon 2.0, aims to develop a network of zero-knowledge-powered Layer 2 chains. The new governance model will consist of three pillars: core protocol governance, smart contracts governance, and community treasury governance. Drawing inspiration from Ethereum’s successful governance models.
The governance proposal has undergone extensive community deliberation, with feedback and ideas from validators, users, developers, and ecosystem participants. The community has full control over the network and will have the final say on all proposals. The forward-looking governance framework promotes decentralized ownership and decision-making across all Polygon protocols and the ecosystem. The three governance pillars provide a topology for decision-making mechanisms within the ecosystem. Protocol governance is facilitated through the Polygon Improvement Proposal (PIP) framework, allowing for coordinated upgrades proposed by internal and external actors.
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💥 Earn Rewards & Shape the Future of Maincard.io in our Testnet! Join Now! 💰
Starting from July 31st, Maincard.io launches an exciting Testnet phase! Be a part of it to earn rewards and help improve the game.
Experience groundbreaking Maincard technologies:
💸 Gasless Transactions: No more gas fees! Test our innovative solution that eliminates transaction costs.
🔄 Referral Program: Help us fine-tune the system, find bugs, and optimize user acquisition.
💼 Join the Maincard Ambassador Program: We're recruiting a team of dedicated ambassadors to contribute to Maincard's development and promotion.
🎯 How to Get Started:
1️⃣ SIGN IN: Register easily with your email and create your Maincard account.
2️⃣ GET FREE CARDS: Connect your wallet to receive 2 exclusive Maincard NFT cards as a welcome gift.
3️⃣ PARTICIPATE IN THE TESTNET: Complete assigned tasks and actively engage with the Maincard platform.
4️⃣ GET REWARDED: Earn rewards for your contributions to the Testnet.
🚀 Don't miss this unique opportunity! Join Maincard's Testnet now!
🔗 Register here: Registration link
Discord | Twitter | Telegram
Starting from July 31st, Maincard.io launches an exciting Testnet phase! Be a part of it to earn rewards and help improve the game.
Experience groundbreaking Maincard technologies:
💸 Gasless Transactions: No more gas fees! Test our innovative solution that eliminates transaction costs.
🔄 Referral Program: Help us fine-tune the system, find bugs, and optimize user acquisition.
💼 Join the Maincard Ambassador Program: We're recruiting a team of dedicated ambassadors to contribute to Maincard's development and promotion.
🎯 How to Get Started:
1️⃣ SIGN IN: Register easily with your email and create your Maincard account.
2️⃣ GET FREE CARDS: Connect your wallet to receive 2 exclusive Maincard NFT cards as a welcome gift.
3️⃣ PARTICIPATE IN THE TESTNET: Complete assigned tasks and actively engage with the Maincard platform.
4️⃣ GET REWARDED: Earn rewards for your contributions to the Testnet.
🚀 Don't miss this unique opportunity! Join Maincard's Testnet now!
🔗 Register here: Registration link
Discord | Twitter | Telegram
Lava Introduces Self-Custody Wallet And Bitcoin DeFi Platform At Bitcoin 2023
Lava, a financial technology company, has unveiled a new self-custody wallet and decentralized finance (DeFi) platform on Bitcoin. Utilizing Lava's loan protocol, users can borrow stablecoins against native bitcoin, eliminating the risks associated with bridge hacks and custodian rehypothecation.
CEO Shehzan Maredia highlighted the advantages of Lava's borrowing mechanism, stating, "With Lava, people can borrow transparently without rehypothecation risk and without relying on bridges or custodians. Users won't have to trust their counterparty and can borrow using a system that gives users cryptographic assurance that the rules of their contracts will be honored." Lava achieves this through invisible smart contracts called discreet log contracts (DLCs), which ensure collateral integrity and enable programmable loan initiation and repayment without the need for intermediaries.
According to a press release sent to Bitcoin Magazine, Lava wallet aims to empower individuals who face challenges with traditional banking, offering innovative security solutions and safety checks to prevent transaction errors. Maredia said that he envisions bitcoin and dollars as the two most crucial assets of the coming decade. Lava's goal, the press release stated, is to create a bitcoin and dollar-centric financial experience that grants users true financial freedom, enabling them to take control of their finances and simplify money management.
Lava, a financial technology company, has unveiled a new self-custody wallet and decentralized finance (DeFi) platform on Bitcoin. Utilizing Lava's loan protocol, users can borrow stablecoins against native bitcoin, eliminating the risks associated with bridge hacks and custodian rehypothecation.
CEO Shehzan Maredia highlighted the advantages of Lava's borrowing mechanism, stating, "With Lava, people can borrow transparently without rehypothecation risk and without relying on bridges or custodians. Users won't have to trust their counterparty and can borrow using a system that gives users cryptographic assurance that the rules of their contracts will be honored." Lava achieves this through invisible smart contracts called discreet log contracts (DLCs), which ensure collateral integrity and enable programmable loan initiation and repayment without the need for intermediaries.
According to a press release sent to Bitcoin Magazine, Lava wallet aims to empower individuals who face challenges with traditional banking, offering innovative security solutions and safety checks to prevent transaction errors. Maredia said that he envisions bitcoin and dollars as the two most crucial assets of the coming decade. Lava's goal, the press release stated, is to create a bitcoin and dollar-centric financial experience that grants users true financial freedom, enabling them to take control of their finances and simplify money management.
