4 days ago • cryptodaily
ThunderCore and SushiSwap joined forces for a sustainable DeFi ecosystem
ThunderCore, the leading layer-1 blockchain, and SushiSwap, a pioneer in multi-chain decentralized finance, are excited to announce their partnership aimed at establishing an innovative and sustainable DeFi ecosystem. The collaboration between these two industry leaders brings together ThunderCore's rapid growth and expertise in web3 games and SushiSwap's entrepreneurial spirit, this collaboration creates a powerful synergy to drive the future of decentralized finance.
With a shared vision and aligned goals, SushiSwap and ThunderCore are poised to revolutionize the DeFi landscape. Together, they have developed a cutting-edge fee-boosting model that enhances Annual Percentage Rates (APRs), allowing liquidity providers (LPs) to maximize their earnings within the ThunderCore ecosystem. This breakthrough mechanism ensures a sustainable circulation of liquidity, benefitting both ThunderCore and SushiSwap ecosystems.
Meanwhile, ThunderCore is proud to pioneer the launch of V3 farming in SushiSwap, cementing its position as one of the first chains to implement this groundbreaking feature. Leveraging ThunderCore's low gas fees, the platform is set to attract a diverse range of users eager to participate in liquidity provision. This strategic collaboration between ThunderCore and SushiSwap signifies a paradigm shift in the DeFi landscape, ushering in a new era of collaboration, scalability, and user-centric approaches.
This partnership will bring a suite of innovative Sushi products to ThunderCore, including:
● Sushi v3 AMM: Sushi’s framework for spinning up and interacting with pools of different types with varying fee tiers as well.
● SushiXSwap: Sushi's cross-chain swap tool for quick, trustless swaps between supported chains.
● Onsen: Onsen farms are Sushi’s “double reward” farms that are for either new projects seeking liquidity or for established projects that Sushi is working with closely; these pools payout in two assets instead of one.
● Furo: Sushi’s token-streaming platform built upon BentoBox, which allows for token streaming of any compatible asset to any wallet over any timeframe, along with options to create token vestings and cliffs as well.
The Partnership aims to a sustainable DeFi ecosystem
ThunderCore and SushiSwap share the belief that a novel business model is essential for promoting sustainable growth and driving ongoing innovation in the blockchain and DeFi ecosystem.
Consequently, alongside the deployment of the aforementioned products, it can be predicted that both ThunderCore and SushiSwap are actively working on the development of an innovative revenue-sharing mechanism that aims to disrupt the DeFi space.
Here's a breakdown of how our forthcoming revenue-sharing mechanism will operate:
● ThunderCore and Sushi will use a percentage of fees generated by activity conducted on ThunderCore via SushiSwap.
● Both parties will allocate and distribute these $TT and $SUSHI as rewards to LPs, thereby boosting APRs for everyone.
● ThunderCore will also buy back $TT and incentivize the community for a sustainable ecosystem.
Roger Hsu, CEO of ThunderCore, acknowledges the stifling deadlock in the DeFi market and expresses the intention to create inspiration and break free from this state. The partnership with SushiSwap plays a vital role in achieving this goal, as they work towards establishing a sustainable DeFi ecosystem with improved reward mechanics.
“We are excited to launch on the ThunderCore chain and join the ThunderCore ecosystem to help ThunderCore further cement its ranking as a top 5 blockchain in terms of DAUs.” said Head Chef Jared Grey.
About ThunderCore
ThunderCore is a fast and secure EVM-Compatible layer-1 blockchain founded in Silicon Valley in 2017 to provide a robust infrastructure for DApps and the broader DeFi ecosystem. Its high-performance blockchain offers a breakthrough consensus protocol PaLa, 4,000+ TPS, sub-second confirmation times, and low gas fees.
With over 8 million addresses, 680 million transactions, and 133 million block height on its network, ThunderCore is dedicated to bringing blockchain technology to broad adoption.
About SushiSwap
SushiSwap is a leading decentralized exchange, offering a wide range of DeFi products and services. We’re committed to driving innovation and supporting a diverse ecosystem of blockchain projects. Our community-driven organization aims to solve liquidity issues for the DeFi space, by leveraging network effects and connecting many decentralized markets and instruments.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
8 days ago • cryptodaily
Decentralized Exchange Sushi Partners with Ethics-First, Shariah-Compliant Haqq Network
Sushi.com, a major decentralized exchange, has entered into a transformative alliance with the Haqq Network, aiming to bring about a significant shift in decentralized finance (DeFi) accessibility for the worldwide Muslim community. This collaboration positions Sushi.com as the primary decentralized exchange for users of Haqq and its native digital currency Islamic Coin ($ISLM), ensuring smooth and Shariah-compliant token transactions with unparalleled convenience.
The benefits of the alliance
With a significant presence in the DeFi sector, Sushi.com stands out as a prominent player, facilitating an extensive range of tokens and reaching impressive daily trade volumes ranging from $50 million to $150 million. It has also amassed a total value locked (TVL) of approximately $1.14 billion. Through this integration, a robust platform emerges for Haqq participants and usersinvestors, enabling seamless participation in Shariah-compliant financial activities.
Members of the Haqq community will enjoy various benefits from Sushi.com, including the ability to provide liquidity, stake their assets in a pool created by Haqq on the platform, and earn $ISLM tokens during the liquidity mining phase. Additionally, they will be able to share in the profits generated from these pools.
"This integration with Sushi.com is a significant milestone not just for us but for the entire global Muslim community. It paves the way for faith-driven investors to engage in halal financial activities within a DeFi environment that's accessible and profitable,"
HAQQ Network's CTO, Andrey Kuznetsov, commented.
Enabling access to ethical finance
The collaboration between Haqq and Sushi.com also significantly enhances liquidity, ensuring users the most favorable prices for any supported pair across all chains. Additionally, this partnership offers a convenient avenue for users on different chains to exchange tokens from the primary chain to Haqq Network's native token, $ISLM.
Sushi.com’s user experience flow, designed with the global community of DEX traders in mind, will also bring substantial benefits to both the Haqq and Islamic Coin communities. With the deployment across 18 different chains, users can easily replenish gas in their wallets through swaps on any source chain supported on SushiXSwap, Sushi’s unified and multi-chain user interface for token swapping.
This strategic integration with Sushi.com showcases Haqq's unwavering commitment to establishing a more seamless, accessible, and lucrative DeFi environment for the global Muslim community and those enthusiastic about ethical finance.
More information on Haqq, Islamic Coin and the alliance is available via the official website and the platform’s social media.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
12 days ago • cryptodaily
Big Eyes Coin: The Best P2E Project With A $0.00017 Discount For High Utility
Big Eyes Coin (BIG) is a cute cat-themed coin that is currently in its presale stage but has been capturing the attention of crypto communities due to the best P2E projects it offers. Big Eyes Coin sets itself apart by making a detailed roadmap with huge P2E projects that investors have been eagerly anticipating. This combination of meme token appeal and practical utility is precisely what investors have been searching for. In a market where sustainability is key, let’s see why Big Eyes Coin stands out as a promising contender.
Big Eyes Coin, Where Memes And Utility See Eye To Eye
Big Eyes Coin is not your average meme coin. While many meme tokens fizzle out over time, Big Eyes Coin is determined to break the mold. With ambitious plans for the future, this coin is here to stay. Big Eyes Coin understands the importance of retaining utility and ensuring that the meme token continues to serve a purpose beyond mere amusement. By combining the fun and lightheartedness of memes with a practical and sustainable approach, Big Eyes Coin is carving its path in the crypto world. Holders of Big Eyes Coin can look forward to a future where laughter and gains go hand in hand.
Big Eyes Coin’s Best P2E Projects Combine Fun And Fortune
In its pursuit of being one of the best meme coins with utility, Big Eyes Coin is gearing up to launch its highly anticipated crypto casino on August 29th. Big Eyes Casino promises an exhilarating experience with over 4,000 casino games and a variety of play-to-earn options. This strategic move aims to attract more genuine BIG coin holders, fostering a healthier ecosystem and driving higher levels of adoption. To participate in these exciting games, users will need to utilize BIG coins. Fortunately, users can easily convert their holdings into BIG, allowing them to not only partake in the casino fun but also earn BIG rewards along the way.
Collect, Trade, Savor: BIG Holders Delight In NFT Sushi Crew
Get ready for a thrill in the world of NFTs as Big Eyes Coin introduces its highly anticipated NFT Sushi Crew. This elite club is exclusively designed for BIG coin holders who possess a deep passion for trading, buying, and selling NFTs. Excitement is running high within the crypto communities as the NFT Sushi Crew promises a curated experience like no other.
Currently, participants have the opportunity to acquire free-to-mint and trade NFT cards from Big Eyes Coin's loot boxes as well as the renowned NFT marketplace, OpenSea. Step into a realm where rarity meets flavor and join the NFT Sushi Crew today.
BIG’s $0.00017 Stage 3 Price That'll Make You Purr
Big Eyes Coin's presale has been a roaring success, amassing over $43 million. However, time is running out as the presale comes to a close on June 3rd. If you missed out on early investments, fear not! Big Eyes Coin is offering a meowth-watering discount at $0.00017 to drive the last sale before its official launch at $0.00006 on June 15th. It presents an incredible opportunity to achieve high returns on investment within a short span of time.
Take the Leap: Invest In Big Eyes Coin Now!
Big Eyes Coin stands as a remarkable cryptocurrency with genuine utility. With its plans for the best P2E projects and its stage 3 price currently available, this is an opportune moment for crypto communities to seize. Take a leap into the world of Big Eyes Coin and become a part of its exciting journey!
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Instagram: https://www.instagram.com/BigEyesCoin/
Twitter: https://twitter.com/BigEyesCoin
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
15 days ago • cryptodaily
Multichain Team’s Deafening Silence Sparks Concern Among Users
The silence emanating from Multichain’s leadership has amplified rumors, leading to significant unease and uncertainty among protocol users.
At present, several of Multichain’s cross-chain pathways remain down, leading to a major pile-up of transactions on the protocol.
Multichain’s Radio Silence
The radio silence from the Multichain team has left users searching for answers, with the protocol currently holding $1.5 billion in total value locked (TVL). Multichain face a fifth day of outages and transactions that are in limbo, primarily due to multiple cross-chain pathways that are still offline. These include Polygon zkEVM, Kava, and zkSync. Initially, the team stated that this was caused due to an upgrade that was being patched. However, this explanation was revised, with the cause outlined as an ambiguous explanation of “force majeure.”
The uncertainty and radio silence comes against the backdrop of unverified rumors circulating on Twitter that the protocol’s core leadership could possibly be under arrest in China. Co-founder of Multichain, DJ Qian, took to Twitter, stating he had asked Multichain CEO Zhaojun and its founding partner Xu Guochang if they could provide any help or explanation.
“From yesterday to today, I received a lot of greetings. Many people sent messages asking me if I was okay. Thank you for your concern. Of course, I’m fine. At the same time, I also hope that there is nothing serious about multichain. Although I am not ashamed of what Zhaojun did before, after all, I brought Zhaojun and Guochang into the industry. I asked Guochang for some information to see if he could provide technical or other help. Well, the most important thing is the safety of user assets and the safety of people.”
Leadership Under Arrest?
With rumors of the team’s arrest circulating on Twitter, Multichain’s VP of Strategic Partnerships stated in a Telegram group message that he was not aware if Chinese authorities had actually detained the protocol’s leadership. Protocol CEO Zhaojun did not reply to any messages on the group in question nor to direct queries. The project’s Discord server and other Telegram groups are dealing with similar uncertainty, with no updates about the project or its future. All community members have been told to wait for any further updates.
MULTI Token Plummets
With the uncertainty surrounding the project, the protocol’s native MULTI token has continued its downward trajectory. With users complaining that their transactions had been stuck since Sunday, the team assured them that their funds were safe and they were working to resolve the issue. David Who, a community manager with Multichain, had given users an update, stating,
“At this stage, we can’t be sure when it will be fully fixed. However, our user’s funds are safe, and pending transactions would “pass through automatically and instantly” after resolution.”
However, with no resolution, the token’s price has continued to drop. Currently, the MULTI token is down over 28% and is trading at $3.80.
Other Projects React
Several projects have responded to the situation unfolding at Multichain. Coinflux Network became the latest to respond, stating that it had suspended Multichain’s co-mint privileges as a precautionary measure. This would prevent Multichain from minting new tokens on the project’s blockchain. Furthermore, Coinflux also added that it would work with users to mitigate any losses that may arise. Crypto Investment firm HashKey Group also revealed that it had moved $250,000 from Multichain to Gate.io. Meanwhile, Tron founder Justin Sun also revealed that he had withdrawn 470,000 of the USDD stablecoin from the protocol.
Cryptocurrency exchange Binance also swung into action, announcing that it was suspending deposits for 10 bridged tokens following days of transactions being stuck in limbo. This impacted several token pairs, including Polkastarter (POLS), Alpaca Finance (ALPACA), Travala.com (AVA), Spell (SPELL), Fantom (FTM), Alchemy (ACH), Beefy (BIFI), SuperVerse (SUPER), Harvest Finance (FARM) and DeXe (DEXE). Binance’s announcement will impact users of bridged tokens on Ethereum, Avalanche, BNB Smart Chain, and Fantom.
Fantom Foundation also moved to limit its exposure, withdrawing $2.4 million in liquidity of the MULTI token on the SushiSwap DEX. Andre Cronje, Fantom Foundation Director, explained that Fantom had to act due to the uncertainty surrounding Multichain and was withdrawing the funds out of caution. Cronje added,
“No point to LP at times of uncertainty. You can see in the wallet the funds haven’t been sold. As soon as Multichain is able to release a statement around this and clear it up, we will LP again.”
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
23 days ago • cryptodaily
LayerZero and Immunefi Unveil $15m Bug Bounty
LayerZero Labs and Immunefi have announced their collaboration to launch an unprecedented $15 million bug bounty program. The initiative sets a new benchmark in the crypto industry, surpassing the previous record holder, MakerDAO’s $10 million bug bounty.
LayerZero Labs, renowned for its omnichain interoperability protocol LayerZero, and Immunefi, a leader in bug bounty and security services, have partnered to stimulate the work of smart contract information security researchers and white hat hackers in identifying potential vulnerabilities and attack vectors on blockchain protocols such as LayerZero. The sheer size of this bounty sets it apart from LayerZero’s previous initiatives and underlines its prioritization of smart contract security.
The reward fund is earmarked to come from the equity entity of LayerZero Labs. LayerZero's CEO, Bryan Pellegrino, emphasized the commitment to security over all other facets:
“The security of [a] protocol comes before anything else.”
Immunefi, on the other hand, is no stranger to the security challenges of the crypto sector. Providing security services for over $60 billion in user funds across a wide range of crypto-based projects and blockchain firms such as SushiSwap, Optimism, Polygon, Synthetix, and Chainlink, among others, Immunefi has paid out over $75 million in bug bounties to date.
LayerZero's recent $120 million Series B funding round has catapulted its valuation to $3 billion. Its distinctive messaging protocol allows for various types of message exchanges between blockchains, eliminating the need for intermediaries. LayerZero currently connects over 30 mainnet blockchains, including two non-Ethereum Virtual Machines (EVMs) and Aptos.
However, the crypto world hasn't been without its fair share of financial damages of late. According to Immunefi’s Crypto Losses 2022 report, over $3.9 billion was "lost" last year. Notably, this represents a 51.2% reduction compared to 2021's loss figures. Specifically, $3.77 billion of the 2022 losses resulted from 134 hacking incidents, and fraud accounted for another $175 million lost over 34 incidents.
LayerZero, launched in March 2022, has seen a transaction volume exceeding $15 billion within its first 14 months. Demonstrating its stringent adherence to security measures, LayerZero has not experienced a security exploit or hack since inception. Last year, the blockchain infrastructure firm invested around $5 million in auditing to ensure the security of its code before its release to the public.
While the overall crypto market has seen fewer losses recently, the actual amounts involved are still substantial. For instance, in March, a massive $200 million was pilfered from the crypto lending platform, Euler Finance. This exploit, albeit substantial, only ranks among the top 20 in recent crypto history.
Security stands as a paramount concern for anyone involved in the crypto space. As Pellegrino asserts:
“For anyone building in the space, security should be the priority above all else. If you don’t have good security, eventually you will be hacked.”
The bug bounty program offers a substantial maximum reward of $15 million for the discovery of a high-severity vulnerability. The precise payout is determined based on the Immunefi Vulnerability Severity Classification System, which assesses the impact of the identified vulnerability.
Bug reports submitted to the program need to include a viable proof-of-concept (PoC) that demonstrates a tangible impact on the scoped assets. The terms explicitly state that theoretical explanations or statements alone cannot be accepted as PoCs – concrete code is required.
The program outlines that critical smart contract vulnerabilities found on major blockchains and Layer 2 protocols such as Ethereum, BNB Chain, Avalanche, Polygon, Arbitrum, Optimism, and Fantom may garner a reward of either $250,000 or 10% of the endangered asset's value at the time of reporting, whichever is higher. For all other chains, the payout for critical vulnerabilities starts at $25,000. Rewards for non-critical vulnerabilities are evaluated based on internal criteria.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
23 days ago • cryptodaily
Meme Coins For 100X ROI In 2023: Big Eyes Coin, Cage Beasts Shine Bright
Meme coins have gained attention as a distinctive phenomenon in the cryptocurrency realm, captivating audiences with their viral nature and community-oriented approach. Two meme coins, namely Big Eyes Coin (BIG) and Caged Beasts (BST), are generating significant interest in 2023. Big Eyes Coin's impressive presale success has created anticipation for its imminent launch on a reputable exchange. On the other hand, Caged Beasts stand out by using the metaphor of "Caged Beasts" to represent "Caged Liquidity," offering transparency and a firm commitment to security. Both Big Eyes Coin and Caged Beasts exemplify the potential and ingenuity that meme coins bring to the crypto space, captivating investors and enthusiasts alike.
Big Eyes Coin’s Big Launch
Big Eyes Coin has generated substantial buzz in the cryptocurrency realm, amassing an impressive $38.5 million during its presale. As the presale deadline of June 3rd approaches, the team is diligently preparing for the highly anticipated launch of $BIG on a renowned CEX. While the specific exchange remains unconfirmed, speculation within the crypto community suggests possibilities such as Binance, Kucoin, and OKX.
The ambitious six-month exchange roadmap of Big Eyes Coin includes listings on various platforms like Gate.io, Bitget, BKEX, MEXC, and more. Demonstrating the team's unwavering commitment to growth and progress, this roadmap provides investors with compelling reasons to participate before the launch.
Beyond establishing a presence in the cryptocurrency market, Big Eyes Coin is also venturing into the realm of non-fungible tokens (NFTs). Currently in development is their exclusive NFT collection, SushiCrew, featuring iconic cat characters synonymous with the project. These unique and highly collectible NFTs possess distinctive characteristics and traits, strengthening the project's brand and creating additional revenue streams for the community. Positioned to capitalize on the growing NFT market, Big Eyes Coin solidifies its position as a significant player in the crypto space.
The Cage Beasts Roadmap: Plot, Pre-sale, Release
Caged Beasts (BST) introduces a captivating metaphor of "Caged Beasts" to represent "Caged Liquidity," setting it apart from other community tokens. Beyond caged liquidity, Caged Beasts aims to revolutionize the finance industry through decentralization, liberating individuals from the feeling of being confined. With 75% of funds dedicated to liquidity, it embraces a decentralized system, empowering the community.
Additionally, 25% of funds are allocated to the marketing wallet, highlighting the importance of substantial investments for establishing a prominent presence. Active engagement within the community is encouraged, offering exciting activities, competitions, bonuses, events, voting mechanisms, and exclusive announcements, including NFT releases.
The Cage Beasts roadmap unfolds in three stages: The Plot, The Pre-sale, and The Release. In The Plot, social channels are established, a website is set up, a token audit is conducted, and KYC checks and locked wallets are verified. The Pre-sale stage includes launching the website and social channels, initiating PR activities, releasing NFTs, organizing engaging stunts, fostering an active community, and making charitable donations.
The Release stage will mark a significant leap in securing a listing on a reputable exchange, conducting final testing, holding an awareness event, releasing tokens, running advertising campaigns, adding liquidity, unveiling final NFTs, bridging to more chains, and seeking additional exchange listings. The roadmap aims to revolutionize the cryptocurrency industry by creating a decentralized ecosystem that challenges traditional finance norms.
While this may be the last chance to invest in Big Eyes Coin at the presale price, one must look forward to securing a spot in the upcoming Caged Beasts presale and receiving timely updates. All you have to do is sign up with your email at the bottom of the page. Don't miss out on these two limited-time opportunities that can turn your crypto journey around.
For All Things Caged BeastsWebsite: https://cagedbeasts.com
Twitter: https://twitter.com/CAGED_BEASTS
Telegram: https://t.me/CAGEDBEASTS
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
26 days ago • cryptodaily
Bakkt Axes 25 DeFi and NFT Tokens from Apex Crypto
Digital asset firm Bakkt has delisted 25 out of the 36 tokens on its recently acquired Apex Crypto platform. The decision was presumably made in compliance with regulatory guidance, and the delisted tokens mainly belong to popular decentralized finance (DeFi) and nonfungible token (NFT) ecosystems.
The announcement comes after the digital asset firm's finalized acquisition of Apex Crypto in April, with negotiations that began in November 2022. Another influence to the decision is a perceived shift on Bakkt's overall strategy from crypto retail towards business-to-business (B2B) services.
A Bakkt spokesperson claims that the delisting decision was made in the interest of consumer and client protection, based on the firm's regular, internal review of listed coins.
Among the tokens delisted are Aave (AAVE), ApeCoin (APE), Avalanche (AVAX), Bancor Network Token (BNT), Basic Attention Token (BAT), Chainlink (LINK), Chiliz (CHZ), Compound Token (COMP), Cosmos (ATOM), Curve DAO (CRV), Enjin Coin (ENJ), Fantom (FTM), Filecoin (FIL), GALA (GALA), The Graph (GRT), Internet Computer (ICP), Loopring (LRC), Maker DAO (MKR), Republic (REN), Stellar (XLM), Sushiswap (SUSHI), Synthetix (SNX), Tezos (XTZ), Uniswap (UNI), and Yearn Finance (YFI).
Bakkt's acquisition of Apex Crypto, an unprofitable platform, cost the company $55 million in cash and $145 million in stock. Apex Crypto is a "turnkey" service that provides execution, clearing, custody, cost basis, and tax services to 5 million customers through 30 financial technology partners.
Bakkt secured a broker-dealer license from Bumped Financial earlier in February this year, which it disclosed in a financial statement. The license was part of Bakkt's strategy to expand its presence in the fintech market, catering to a growing clientele. However, Bakkt's focus shifted when it decided to shut down its retail-oriented app in March, concentrating instead on business-to-business (B2B) operations. Bakkt now aims to provide crypto and loyalty solutions to businesses through Software-as-a-Service (SaaS) and API solutions.
Intercontinental Exchange, the majority owner of Bakkt, also owns the New York Stock Exchange. Bakkt's stock experienced a 7% decline on May 12, the day of the announcement. However, it is also down by 40% over the last six months, although it is up 3.45% on a year-to-date basis.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
27 days ago • cryptodaily
Big Eyes Coin Presale Ends Soon: Pur-ry Before 300% Bonus Of-fur Lapses!
Big Eyes Coin (BIG) and its presale campaign is nearly coming to an end. However, this doesn’t mean that their journey is finishing. In fact, things are just getting started! They’ve outlined an exchange roadmap, which includes exciting launches! It’s important to look back at what Big Eyes Coin represents, what it’s achieved in its journey, and what lies ahead for the six-month exchange roadmap!
The realm of cryptocurrency is diverse and vast, with a plethora of coins in circulation. Meme coins are a particular type that has gained massive popularity and investment in recent times. One such meme coin is Big Eyes Coin, which stands out in the market due to its environmental focus. The coin has garnered a strong presence among investors as it follows a proof-of-stake consensus mechanism, which makes it eco-friendly, unlike other coins that require intensive mining processes.
Big Eyes Coin has a unique approach to environmental conservation, which has attracted many investors. The coin supports charitable causes, and a portion of its holdings goes towards organisations that aim to protect the ocean, which has become increasingly important in light of climate change. The emphasis on preserving the environment sets it apart from other meme coins and has led to high hopes and expectations from investors.
One of the reasons why Big Eyes Coin is gaining traction is because of its successful presale campaign. The presale campaign has raised an impressive $34.5 million, a cat-tastic achievement. Investors who are looking to be a part of Big Eyes Coin's community can also purchase the Sushi Crew series of Big Eyes NFTs. These NFTs feature adorable cats and offer early access to forthcoming events and product releases.
The Rewarding Offer and Upcoming Exchanges
To incentivise investors further, Big Eyes Coin is currently offering a 300% bonus on purchases until the presale expires on June 3rd. To avail of this incredible offer, investors can use the code ‘END300’. With all these exciting developments, it's no surprise that Big Eyes Coin has become a buzzword in the world of cryptocurrency. Its unique approach to environmentalism, coupled with its innovative features, make it a promising investment option for those who want to make a positive impact while also making a profit.
The six-month exchange roadmap looks to bring Big Eyes Coin to the top of the meme coin market, competing with the likes of Dogecoin (DOGE) and Shiba Inu (INU). The CEX is yet to be announced but Big Eyes Coin will be on Uniswap’s (UNI) DEX on June 15th! There’s a possibility that the CEX could be launched on Binance BNB (BNB)! Exciting things to come for Big Eyes Coin. Over the six months, they will be listed on exchanges such as Gate.io, Bitget, BKEX, LBank, Deepcoin and many more! Stick around for these next six months to not miss the launch of these excellent exchanges.
In conclusion, the upcoming six-month exchange roadmap promises exciting launches, including Uniswap's DEX and potentially Binance BNB's CEX. Investors can look forward to the development of Big Eyes Coin and its potential to compete with other meme coins. With all the exciting developments, it's clear that Big Eyes Coin is a promising investment option for those who want to make a positive impact while potentially making a profit.
For more on Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
OpenSea: https://opensea.io/collection/big-eyes-lootbox-cards
Twitter: https://twitter.com/BigEyesCoin
Medium: https://medium.com/@BigEyesOfficial/big-eyes-big-news-6-month-roadmap-for-exchanges-future-development-df49a24c06fe
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
28 days ago • cryptodaily
Big Eyes Coin Comes to An End in 30 Days, Joining New Age Meme Coins Kermit & Pepe in Bringing Trend Back
30 days. That’s how much longer we have until one of the biggest presales in the past 3 years comes to an end. If you pay attention to the bull market and meme coin corner of the crypto world at all, you’ve likely heard of the project that is expected by many to become the next big thing, Big Eyes Coin (BIG). And if you haven’t, you found this article at exactly the right time! It seems as though meme coin season is upon us again and the next Dogecoin Killer could be right around the corner, though this time the ones leading the new wave won’t be dogs; it’ll be a cat and a pair of frogs instead! As weird as that sounds, you’ll understand exactly what that means as long as you keep reading!
Jump Right into The Croak-pto Game With Pepe and Kermit
The story here is quite similar to the origins of the meme coin as a whole. Just as Dogecoin (DOGE) took its inspiration from the extremely popular Doge meme almost 10 years ago, these two crypto projects take their inspiration from a meme that could potentially be the quintessential meme that represents internet culture today. Pepe The Frog. Regardless of which social media platforms and websites you frequently use, you have 100% seen the Pepe meme and all its iterations. It’s impossible to get away from. With that in mind, it’s no wonder that the new age of meme coins would follow the same steps as their predecessor with their meme inspiration.
PEPE (PEPE), of course named directly after said meme, has been on the receiving hand of exceptional growth and success since its debut in April, not even a complete month ago. Its momentum is incredible, spiking by 2,100% and reaching a $502 million market cap in such a short space of time. Pepe is already being compared to Dogecoin thanks to this, giving it the position of a real successor in many’s eyes. It’s even similar to it in that there is no real “point” to the token beyond being a fun alternative to other altcoins, though this has seemingly worked in PEPE’s favour. That isn’t to say all the new age meme coins are entirely focused on fun with no real utility.
Kermit takes its imagery from the most famous puppet in the world, Kermit the frog, it’s undeniable that Pepe’s meme power played a major role both in its reaction and success. Much like Pepe, Kermit launched just last month and has quickly built a following within the crypto community and it’s not hard to see why. Beyond the interest it builds through the global influence of both the aforementioned muppet and meme, Kermit is actually a project with real value. It has no taxes, its LP has been burnt and its contract has been renounced, all working together to create a coin with high security and even higher return potential. There is one thing that Kermit missed out on though, something that could’ve created an even stronger community to support it, which is a presale. Luckily, Big Eyes makes up for that.
Big Eyes, Big News, Big Plans
Big Eyes Coin (BIG), which has raised an incredible $35 million during its presale, has been making waves in the cryptocurrency community and is likely to continue making more with the announcement of the presale coming to an end 30 days from now on June 3rd. As the launch date approaches, the team promises to make more intriguing announcements that will make the project more alluring. Something we’re already aware of that buyers have to look forward to is the Big Eyes NFT release! The NFT collection known as the Sushi Crew will include many fun and entertaining digital assets that are sure to capture the attention of every meme coin and NFT enthusiast around, including ones that feature the big eyed cat mascot and its hijinks. Not only are they exciting items to hold, but they will each have individual and exceptional attributes that will make them incredibly collectible and stand out. NFT’s go hand in hand with the concept of meme coins, which makes Big Eyes’ focus on creating not only a collection but also a marketplace to trade them on a great step in pushing meme coins to the forefront once again! Though the presale will be coming to an end in a month, there is still one final thing that investors can get out of it! The final bonus code END300 gives users 300% extra tokens when used, so use it while you still can!
For all things Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
OpenSea: https://opensea.io/collection/big-eyes-lootbox-cards
Twitter: https://twitter.com/BigEyesCoin
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
30 days ago • cryptodaily
Uniswap Deliberating On Proposal To Switch On Liquidity Pool Fees
The Uniswap decentralized exchange community is deliberating on a proposal to switch on Liquidity Pool Fees.
The plan to switch on Liquidity Pool Fees would see money being funneled into Uniswap’s treasury and token holders.
A Critical Revenue-Generating Proposal
The proposal under consideration would see fees switched on for many of Uniswap’s liquidity pools. It is the latest development in a long-standing debate around Uniswap’s broader finances and protocol fees. If the proposal is passed, then implementing fees on the pools would allow Uniswap to top up its treasury and give rewards to token holders of the protocol’s native UNI token.
The protocol’s decision to monetize its platform by switching on fees for a significant number of its V3 liquidity pools and all of its V2 pools could set a precedent for the larger decentralized finance (DeFi) ecosystem. Uniswap holds nearly 70% of the DeFi market share. The proposal’s author, Getty Hill, stated that Uniswap could help monetize and bring in dollars and help build an excellent open-source protocol. Hill added,
“If Uniswap can monetize and bring in all these dollars by building a really great open-source protocol that gets usage, then that will incentivize other folks to do this too. I’m hopeful that this kind of changes some of those industry norms.”
Uniswap V2 has around $1.2 billion in total value locked and averaged around $367 million in daily trading volume on Ethereum over the past week, according to data from DefiLlama. Uniswap V3 is deployed on Curve, Balancer, SushiSwap, and a number of other networks. Uniswap V3 has around $2.9 billion in total value locked.
Currently, discussions are ongoing about how Uniswap would collect the fees and which initiatives the fees collected would fund. Hill has stated that community members would discuss and iron out the details before the proposal is put to a formal vote. This is not the first time Uniswap community members have called upon the protocol to activate fee switches on Uniswap liquidity pools. Last year, a similar proposal became a significant bone of contention within the Uniswap community. Ultimately, the proposal failed to garner enough traction and eventually fell through. Critics of the proposal had voiced concerns that such a move could have significant tax implications for Uniswap and its community.
UNI Price Rises Amidst Proposal Anticipation
As a result of the anticipation surrounding the proposal to switch on liquidity pool fees, the UNI token has significantly outperformed other cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH). The token’s value rose by nearly 3% over the past 24 hours, with trading volume rising by 45%. This suggested significant investor interest in the UNI token, as demonstrated by the growing value of the token.
Uniswap On BNB Chain
2023 has also seen Uniswap officially launch its services on the BNB Chain. The move was expected to significantly impact BNB Chain’s trading traffic, thanks to Uniswap being the largest decentralized exchange by trading volume. Uniswap protocol users can also benefit from low transaction fees prevalent on BNB Chain. Director of Growth at BNB Chain, Alvin Kan, noted,
“With BNB Chain’s thriving and dedicated community, scalability, and accessibility, it is a launchpad for all things web3, where protocols looking to reach larger audiences can grow. We are delighted to see Uniswap’s continued commitment to delivering value to its users and building for the future of decentralization.”
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.