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Home»Altcoins»Binance Unveils New ‘Megadrop’ Token Launch Platform, Picks Bitcoin Restaking Chain To Serve As First Project

Binance Unveils New ‘Megadrop’ Token Launch Platform, Picks Bitcoin Restaking Chain To Serve As First Project

Altcoins By Gavin20/04/2024
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Binance Unveils New ‘Megadrop Token Launch Platform Picks Bitcoin Restaking
Binance Unveils New ‘Megadrop Token Launch Platform Picks Bitcoin Restaking
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Binance has unveiled a brand new cryptocurrency. “megadrop” Launching a token platform on BitcoinBTC) “restaking” Chain BounceBit as the first project.

New announcements reveal the largest cryptocurrency exchange platform in terms of volume. says Binance Megadrop is a brand new platform, which integrates Binance Simple Earn as well as Binance Web3 Wallet. It will allow investors to access assets not currently listed on Binance.

Binance has also announced that Megadrop users will be able to get rewards through BounceBit native assets and Web3 missions.

“Binance is launching Binance Megadrop, 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.”

BounceBit The project is built with a decentralized framework and a centralized one, which allows BTC owners to participate in both. earn yield Many sources are available.

“BounceBit’s approach is based upon the notion that Bitcoin should be boosted primarily by using assets and without altering Bitcoin blockchain.

You can also contact us by clicking here. [bringing] BounceBit, which combines advantages of decentralized finance and centralised finance by allowing for funding arbitrage as well as creating certificates on the chain to be re staked and mined.

As a validation award, the native asset of the project can be staked or used to pay protocol gas fees. It may also be given as an exchange medium or store of values.

According to Binance, the token’s maximum supply will be 2.1 billion and only 8% (168,000,000) of this will go towards Megadrop.

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Source: dailyhodl.com

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