In the first quarter of 2024, approximately .8 billion, or 76% of the decentralized finance yield market, earned an annual percentage yield (APY) of about 5% in very low-risk contracts. Staking played a crucial role in the resurgence of decentralized finance, bolstered by the Ethereum network’s transition to a Proof-of-Stake model. The bridging sector experienced […]
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More Than 250 Zambian Students Attend Hackathon; Over 100 Earn Smart Contract Development Certification
More than 250 Zambian university students recently participated in an online boot camp and hackathon which saw over 100 earning certification in smart contract development. The students who complete their minimum viable products (MVPs) can apply for grants ranging from ,000 to ,000. Students Trained in Decentralized Application Development More than 250 students from St. […]
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Cat-Themed Memecoins Growing Popularity: Traders Earn Millions With MEW and MOEW
The memecoin market has been dominated by dog-themed tokens for the past few years. Despite not being as popular and well-known as their canine crypto counterparts, cat-themed tokens are starting to appear at the forefront of the meme-inspired market.
Cats In A Dogs Crypto Market
Memecoins can become a market sensation overnight, and their communities can be some of the most supporting investors, as seen with the Vegas Sphere “wif on sphere” fundraiser campaign.
Dogecoin and Shiba Inu remain the biggest tokens by market capitalization in this category. About a month ago, eight of the ten largest memecoins by market capitalization were canine-inspired.
Nonetheless, cat-themed tokens have started infiltrating the pack of dogs after a recently launched player made it to the top ten memecoins list.
Cat in a Dogs World (MEW) launched on March 26 and just 48 hours later reached a 0 million market cap. MEW surpassed BONK, WIF, and PEPE as the fastest fair launch to accomplish this feat.
MEW’s market cap reached 4 million in just eight days, making it the eighth largest memecoin by this metric. Moreover, the token rallied over 50% on Wednesday after crypto exchange KuCoin announced its listing.
MEW’s performance in the past seven days shows an impressive 267.54% surge. Despite this, the token’s rally slowed down today. The cat-themed cryptocurrency lost over 15% of its value from the day prior. At writing time, MEW is trading at .00737049.
Similarly, its daily market activity took a hit, decreasing 35.3% to 8.4 million traded in the past 24 hours.
What Are They Feeding Cat-Themed Memecoins?
The growing interest in feline-inspired tokens has resulted in many newly launched memecoins quickly surpassing massive levels.
On Wednesday, a new token called Ansem’s Cat (HOBBES), inspired by Hobbes, the cat of crypto trader Ansem, broke a 0 million market cap on its launch day.
MOEW, a Base token launched on Wednesday, made the news after a trader turned ,000 into million in just one hour. According to data provided by Lookonchain, the crypto trader spent 3 ETH (,000) to buy 499.9 million MOEW, a 158x gain.
Then, the trader sold 116 million MOEW for 99 ETH, around 8,000, when the rice surged. At the time of the report, the trader had 388.24 million MOEW left, worth over .7 million.
In less than 1 hour, this guy turned K into M, a gain of 158x!
He spotted $MOEW 10 minutes after opening trading and spent 4 $ETH(K) to buy 499.9M $MOEW.
Then he sold 111.65M $MOEW for 99 $ETH(8K).
He currently holds 388.24M $MOEW, worth .76M.… pic.twitter.com/DFRGOYh8ZM
— Lookonchain (@lookonchain) April 3, 2024
Similarly, another trader made a profit on MEW’s opening day. In 20 minutes, this crypto trader made almost 0,000 in profits from selling SOL and buying the memecoin.
Nonetheless, the community has questioned these whale moves. Many wonder whether the cat-themed profits come from strategic trading or insiders from the projects.
Whichever the case, cat-themed tokens are starting to make a sound in the crypto market. Ultimately, the crypto community has begun noticing potential in the feline-inspired coins.
Coin-for-Coin Payback — Gemini Announces Full Recovery of Crypto Assets for Earn Users After Genesis Settlement
Gemini has reached a settlement with Genesis and other creditors within the Genesis bankruptcy proceedings, promising a full in-kind return of digital assets to Earn program users. This resolution, pending bankruptcy court approval, signifies a major victory for users, with over .8 billion in assets set to be returned. Potential Full Crypto Asset Recovery for […]
Bitcoin News
Reunit Wallet Launches Reward Program: Trade To Earn
PRESS RELEASE. Reunit Wallet, an omnichain wallet built on technology developed by LayerZero & Stargate Finance, is launching a volume-based reward program.
In an effort to stimulate trading activity on its integrated platform and attract new users, Reunit Wallet is implementing a reward system for traders.
Starting now, for every 0 in generated volume, users will receive 1 REUNI. Additionally, if a referral code is used, a 25% bonus will be applied.
Users who share their referral code will also enjoy a 25% bonus on the rewards generated by the traders they’ve referred.
Furthermore, Reunit Wallet has plans to soon introduce a staking feature for REUNI tokens. Participants in the staking program will receive 50% of the fees generated from transactions made through Reunit Wallet.
Useful links
- Website : https://everywhere.finance
- Twitter / X : https://twitter.com/EverywhereFi
About Reunit Wallet :
Created by a former core-team member of Sushiswap (2020-2022), Reunit Wallet is the first natively omnichain wallet that enables seamless batch transfers across multiple blockchains with a single click. It also offers an integrated trading terminal supporting limit and market orders, providing a comprehensive and seamless trading experience.
Security is a paramount priority for Reunit Wallet, which is why the wallet conducts a comprehensive simulation of each transaction and signature, allowing the user to anticipate the outcomes of their transaction, including token transfer confirmations or the granting of necessary permissions.
Contact
CEO
B.Naïm
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Ripple CTO Explains How AMM Feature Will Enable XRP Holders To Earn Passive Income
The decentralized open-source blockchain, XRP Ledger, is set to introduce more innovative solutions to XRP holders through its new Automated Market Maker (AMM) feature. The XRP community is currently buzzing with excitement as the Chief Technology Officer (CTO) of Ripple, David Schwartz, unveils how the AMM offers a unique avenue for earning passive income.
XRPL AMM To Empower XRP Holders
In a recent X (formerly Twitter) post, Schwartz discussed the ways an XRPL AMM could provide opportunities for XRP holders to make regular income through the AMM’s distinct trading mechanism.
When asked by an XRP enthusiast about the potential risks of losing XRP investments if they participated in the AMM, Schwartz responded by stating that “it is not supposed to be possible to lose.” He clarified that the occurrence of losses would mean there was a flaw or unexpected bug in the implementation of the AMM.
The Ripple CTO provided details of how investors can make passive income through the AMM’s liquidity pools. He stated that when a user provides liquidity to an AMM by making a deposit to its pools, they will receive “liquidity tokens” specific to the AMM liquidity pool they deposited to.
Illustrating the strategy and mechanics behind the XRPL AMM, Schwartz revealed that the AMM works by permitting an increase in the value of a user’s liquidity token. He explained that this unique strategy was employed because it effectively converts volatility into a higher value for a token over a period of time.
While the prospect of generating passive income through the AMM exists, Schwartz emphasized that an AMM does not prevent or safeguard against a decline in the actual value of your position.
Expatiating his words with an example, Schwartz pointed out that if a user exchanged 1 XRP for and after applying the AMM strategy the user received 1.05 XRP worth .05, then the strategy successfully increased the value of the XRP. However, if the price of XRP in dollars decreases, the overall value of your position may be lower.
Advantages And Disadvantages Of An AMM
In a recent X post, co-founder of Anodos Finance, Panos Mekras, provided a comprehensive definition of an AMM and its impact on the XRPL ecosystem. Using an analogy, Mekras described an AMM as a self-operating store where the price of items is not fixed by a single entity but determined by the availability of the item.
Mekras revealed that when there is high demand for an item, active trades increase, and the AMM adjusts the price of items to reflect an inflated value. Conversely, if there is low demand, the AMM lowers the price of items to encourage trade. In essence, the AMM works by balancing the supply and demand system of an item.
Schwartz also emphasized the mechanics behind the XRPL AMM by listing out several advantages and disadvantages of the feature. According to the Ripple CTO, the benefits of the AMM include turning volatility into yield, increasing yield by providing people willing to pay a spread to trade and minimizing the risk of losing the value of your assets.
In contrast, the drawbacks of the XRPL AMM include the absence of a guaranteed yield, potential financial losses if the price of the token drops, exposure to counterparty risks, and susceptibility to potential bugs in the AMM’s implementation.
Play to Earn Done Right – Neoxa.net The Future of Crypto Gaming
Since the dawn of the gaming era many gamers have dreamed of making money from their hobby and of course their passion for games. Although it’s been possible for the lucky few, this has never been a possibility for the masses. A unique and innovative crypto gaming project called Neoxa makes this long craved dream a reality for gamers while also providing incentives for investors and miners alike. Join us while we take a dive to the depths of this project!
𝟏– Let’s paint the current state of the gaming experience
Jane is a talented and skilled gamer who spends countless hours on a daily basis honing her skills in a game that she really enjoys. Despite the fact that the gaming industry provides immense entertainment for her and many others, there is no avenue for her to monetize her gaming experience that does not require significant luck and personal sacrifices.
Although the gaming industry as a whole provides some avenues for monetization of game time such as Esports, it is still out of reach for many gamers like her. To the ones with keen eyes, it’s clear that there’s a missing reward mechanism for players like Jane to derive tangible rewards for their expertise and dedication.
The solution
Neoxa is a crypto gaming project that provides a solution to this problem. Neoxa introduces a PlaytoEarn model that seamlessly integrates gaming with crypto. The Neoxa PlaytoEarn model enables gamers to earn coins while playing their favorite games without paying anything in advance. The Neoxa reward mechanism provides a platform where players can not only indulge their passion but also derive financial rewards.
2- So, what is Neoxa?
Neoxa is a Proof of Work L1 blockchain that started as a fork of a Raven Coin with asset capabilities and KawPow as its consensus mechanism. Later Neoxa forked into Dash code while retaining the asset layer and KawPow algorithm (ASIC resistant) from Raven Coin. With the fork to Dash, Neoxa also introduced Dash features like MasterNodes, instant send, and private send.
Neoxa allows gamers to earn $NEOX seamlessly and transforms gaming into a lucrative endeavor.
Neoxa is building an ecosystem which also offers the perfect environment for developers, investors, miners, gamers and streamers alike.
Some key points are:
- Total supply 21B
- Circulating supply 4.3B+
- Blocksize 5000 and blocktime 60sec with 4 year halvings
- Block distribution 45% Miners, 45% SmartNodes, 5% development, 5% gamers.
See also Neoxa Chain Stats.
3- Passive Income via SmartNodes
The Neoxa ecosystem leverages SmartNodes, a technology derived from Dash’s MasterNodes that enhances the blockchain’s functionality, efficiency and security. SmartNodes play a crucial role in ensuring stability and reliability of the blockchain but are also poised to provide important utility in the future. For example, rentable game servers and compute power to support a distributed streaming service.
1,000,000 $NEOX (the native coins of Neoxa) is required to run a single smartnode. SmartNodes can be hosted at home with appropriate hardware and there are many online tutorials and a welcoming community that will help you with setup. The most accessible route to set up a Neoxa SmartNode is to use a node hosting provider like nodeorbit.com, pecunia.io, inodez.com and runonflux.io, where setting a SmartNode is very easy. Once the SmartNode is set up, it is rewarded with a 45% share of the block assigned to that smartnode, creating an interesting possibility for passive income.
4- Play to Earn and Stream to Earn
Play to Earn
Neoxa has seamlessly integrated its platform into already popular games, such as Rust, Dota2, GTA FiveM and Fortnite. Players can actively accumulate $NEOX coins while playing. Neoxa is currently integrating Counter-Strike 2 and planning on purchasing a mobile game which marks the project’s shift toward mobile game markets.
Gamers can begin earning rewards and enjoying the benefits of the Neoxa ecosystem by visiting Neoxa’s GamingPortal at gaming.neoxa.net and linking their wallet to their favorite game. Unlike other PlaytoEarn models that need an initial payment, Neoxa does not require any upfront investment, making it accessible to more gamers. Many gamers are not familiar with cryptocurrency, and Neoxa has the opportunity to bring a vast new audience of gamers into crypto currency and the Neoxa ecosystem. The value of the coin is maintained via different means explained better below.
While mining and SmartNodes provide the most significant source of earning Neox, Gaming, should be viewed as a reward for the time spent for gaming. From the point of view of an investor, PlaytoEarn and StreamtoEarn should be viewed more as a marketing tool to help bring users into the ecosystem (evangelizing the gamer and streamer communities).
To encourage fun and fair gameplay. Neoxa has created an algorithm based point system that rotates and changes. Tasks or actions that give rewards are kept secret. This is done to encourage players to play the games the way they are designed to be played and to prevent abuse of the system.
This brings some peace of mind for stakeholders and ensures the longevity of the project. More notably when Neoxa integrates a game such as Fortnite into its ecosystem, the project ensures compliance with End User License Agreements (EULA). This is done by carefully reviewing the EULA after which the game publisher is contacted to make sure planned actions are in compliance.
Stream to Earn
StreamtoEarn is integrated via similar means such as games and is accessible to everyone via Gaming Portal. StreamtoEarn has an algorithm similar to the one of gaming. This program rewards content creators for active streaming. Participants must engage actively, create original content, and adhere to guidelines. Cheating, including restreaming & artificial intelligence, is strictly prohibited. This ensures integrity and a positive community experience.
Currently StreamtoEarn is available only for Twitch, but Neoxa is exploring possibilities for YouTube and Kick integration as well.
5- Gaming Portal and Marketplace
GamingPortal is currently a web page available at neoxa.net. It’s the central hub for linking games and streaming into the Neoxa ecosystem. Here users can link their gaming or streaming accounts to their payout addresses. This ensures gamers and streamers alike will receive $NEOX for their actions.
Moreover, the GamingPortal also has a marketplace that offers users the opportunity to utilize $NEOX to purchase coveted in-game items. Each item bought triggers a coin-burning mechanism, reducing the overall $NEOX supply. This innovative design contributes to the scarcity and long-term value of $NEOX with over 6 million Neoxa already burned by the marketplace and almost 44 million total $NEOX burned.
Soon with the arrival of SDK, game publishers can create an asset on the Neoxa chain and implement their asset as PlaytoEarn into their own game, making Neoxa available for developers as well. This asset can then be traded for $NEOX on the upcoming asset exchange. Upon creation of an asset, $NEOX is burned.
This creates a dynamic and rewarding gaming ecosystem transforming crypto gaming as a whole!
6- Burning Mechanism
$NEOX has unique burning mechanisms within its marketplace and this deserves more attention. While for some games a marketplace is possible (currently available for Rust and GTA), not all games can be integrated into the marketplace and a different approach is needed.
For games such as Dota2 and Fortnite a passive burn mechanism was created. This allows integration of games that can’t be added into the marketplace. Passive burn means that gamers are rewarded based on their actions like explained above, but a percentage of coins paid out are burned until a set amount is reached. This also reduces the overall coin supply and improves the whole tokenomics.
One less known burning mechanism comes in the form of monetization of advertisements. Ad revenue is used to buy $NEOX from the market (buybacks) and, on a percentage basis, part of it is burned while the remaining percentage is used for marketing and to further reward gamers and streamers, incentivizing the growth of the models explained above.
7- Roadmap
Here is Neoxa roadmap in no particular order:
- More StreamtoEarn platforms
- An aggressive marketing push
- Listing on more exchanges (currently in the audit process for larger exchanges)
- Launch of an Asset Exchange
- CS2 and mobile games integration
- SDK development for more game integrations
- SmartNode development for added utility.
See also the Neoxa Whitepaper.
8- Conclusion
Neoxa – $NEOX presents a compelling intersection of crypto and gaming, offering a PlaytoEarn and StreamtoEarn model that transforms gaming on popular titles into a lucrative venture,while providing incentives for investors and miners alike.
With its unique features Neoxa demonstrates a commitment to innovation in the crypto gaming space.
Now gamers like Jane can have an avenue of their own from which to grow and participate in the world of crypto.
Join the Future of Crypto Gaming!
Reference:
Website: https://www.neoxa.net/
Twitter: https://twitter.com/NeoxaNet
Discord: https://discord.gg/MWgPYYEx
Telegram: https://t.me/Neoxanet
Marketcap Tracker: https://www.livecoinwatch.com/price/Neoxa-_NEOX
Exchanges: MEXC, CoinEx, Tradeogre, XT, Latoken
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Crypto Snipers Strike Gold as Traders Earn Millions in SAVM Token Launch Frenzy
Based on the recent report from Arkham Intelligence, the launch of the satoshivm (SAVM) token two days ago saw three adept crypto traders, often referred to as ‘snipers,’ each earning a profit of million. Arkham’s findings revealed that the most proficient of these sniping addresses achieved a staggering gain of over a million dollars, accomplishing this feat in under 40 minutes.
Lone Sniper Hits Million Jackpot, Trio of Traders Net Million Apiece During SAVM Crypto Launch
Crypto snipers managed to make some decent profits from the recent satoshivm (SAVM) launch, Arkham Intelligence detailed. Sniping, essentially refers to the practice of executing crypto trades with exceptional speed and precision to gain a strategic advantage. The strategy involves pre-setting parameters for immediate purchasing upon a new token’s launch and leveraging automated trading bots. According to market data from coingecko.com, SAVM came out the gate with an initial price of .83 per unit and it’s currently trading for prices between .48 to .13 over the past day.
“When SAVM launched 2 days ago, over [million] of ETH attempted to snipe the token as soon as liquidity was deployed.,” Arkham wrote on X this weekend. “It was a knife fight – with the top 3 most successful snipers all making over [million] each, in under 12 hours. The largest sniping address, 0x278, bought 2 million SAVM for [3,000], selling it over the next half an hour for a total of .7 [million].” Arkham added:
They needed to pay [0,000] just in order to get their transaction into the block – but ended up making over a million dollars in barely 40 minutes.
Arkham detailed that the second-largest participant invested 0,000, placing them second in line and allowing them to acquire 450,000 SAVM tokens. This entity, however, incurred a significant expense of nearly 0,000 to pay the block builder for transaction inclusion. The blockchain intelligence firm noted that the trader made slightly over million in total profits and the account still possesses SAVM valued at 0,000.
The last of the savvy sniping traders distributed their purchases among five different accounts, Arkham explained, each buying approximately 15 ETH. In total, this strategy involved an investment of 90 ETH to secure 191,000 SAVM tokens. Over the subsequent nine hours, these tokens were progressively sold, yielding 618.4 ETH, equivalent to .5 million. Researchers from Lookonchain further disclosed that another sniper made nearly million in profit from sniping profits.
Lookonchain’s X account told the public that in a mere span of three hours, a single trader realized a staggering .77 million profit from trading SAVM. This individual leveraged the Bananagun trading bot and employed a substantial bribe fee of 141.66 ETH to secure the advantageous position of being the first purchaser of SAVM upon its opening day. The trader acquired 2.61 million SAVM, incurring a total expense of 277.66 ETH, which equates to approximately 1,000.
There’s a great deal of discussions associated with this type of trading. The debate around crypto sniping mainly stems from the employment of sniper bots in crypto trading. The utilization of these bots is contentious, sparking worries about the integrity of the market and potential manipulative practices. Sniper bots may confer unfair market benefits, potentially leading to price distortions and placing individual traders at a disadvantage, unable to match the bots’ rapidity and effectiveness.
While its a nuanced topic, supporters of sniping argue that it’s a groundbreaking approach, encompassing risks unfamiliar to many traditional traders. Bot trades might not succeed, transactions can fail, and market responses can be entirely unpredictable. It takes boldness, tactical skill, and sometimes hundreds of thousands for those who employ sophisticated tools, such as sniper bots, to secure an advantage in the intensely competitive crypto trading arena.
What do you think about the practice of crypto sniping? Let us know what you think about this subject in the comments section below.
Nearly Half of Users Primarily Use Crypto to Earn Extra Income — Binance Study
Nearly half of the crypto exchange Binance’s users list “earning extra income as their primary use for crypto.” The survey also revealed that 36% of the respondents consider “achieving financial security and independence” as the primary objective for using crypto for savings.
Achieving Financial Independence With Crypto
According to a survey conducted by Binance, one of the largest digital exchange platforms in the world, 45% of the 1,172 individuals who participated in the study said they primarily use cryptocurrency to earn extra income. Out of this figure, about 23% indicated that their goal was to supplement their primary income, while another 23% said their goal is to save for a home. The remaining 21% said they use cryptocurrency for investing in other digital assets.
Binance’s survey aimed to determine users’ top uses for cryptocurrency and highlight how it has become a part of everyday life for Binance users around the world. The survey results show that cryptocurrency is increasingly being used as a means of earning extra income and saving for the future.
As indicated in the crypto exchange’s Dec. 14 press release, some 19% of the respondents use cryptocurrency as a means of saving money, while 9% use it to offset the effects of inflation. The survey also revealed that 36% of the respondents consider “achieving financial security and independence” as the primary motivation for using cryptocurrency for savings.
Using Crypto to Overcome Financial Inequality
In addition to being a vehicle for earning extra income, cryptocurrency is increasingly being used as a means of saving money and achieving financial independence. Aman, a Binance user from Asia, is quoted in the press release discussing the reasons why crypto is proving to be an important financial innovation for many.
“I started using Binance Earn products which helped me to accrue interest on my assets, with far better rates than my bank account. It gave me the opportunity to make my own decisions — to stabilize my finances. I can’t think of anything more empowering,” Aman said.
Another user named Lauri suggested that using the platform has made remitting funds back home much easier and less costly.
The other key findings of the survey, which began on Nov. 15, 2023 and ended on Dec. 6, 2023, include 76% of the respondents who believe that crypto can play a role in lowering the income inequality gap. Additionally, 36% of the respondents said they use crypto to make purchases every week, while 20% tied the increase in their investment portfolio value to crypto.
What are your thoughts on this story? Let us know what you think in the comments section below.
The Earn Network Announces $EARN Token Public Sale – Started on November 24, 2023 on Leading Launchpads
PRESS RELEASE. The Earn Network, a decentralized platform at the forefront of yield generation in the DeFi sector, is thrilled to announce the public sale of its $EARN token that started on November 24, 2023, for a limited time of a few days. This pivotal event, highlighting Earn Network’s dedication to reshaping the landscape of decentralized finance, will be followed by the listing of the $EARN token on major cryptocurrency exchanges, further expanding its accessibility and impact on the market.
About the Earn Network
The Earn Network stands as the end-game dApp for all crypto investments, offering a wide array of yield-generation and yield-optimizing opportunities, including DeFi Staking, NFT Staking and Restaking. Its user-friendly interface is designed to democratize access to decentralized solutions, catering to both seasoned investors and newcomers in the DeFi space. This approach positions the Earn Network as a major player in simplifying and enhancing the crypto investment experience, which has already yielded significant growth in terms of user interaction and Total Value Locked (TVL) within its short existence.
The platform’s collaboration with significant partners such as Aleph Zero, Cronos, Avalanche, ThunderCore and Decimal elevates its status in the decentralized ecosystem. These partnerships underscore the Earn Network’s commitment to expanding and integrating innovative financial solutions available for DeFi users across multiple blockchains. Moreover, Earn Network’s unique offering of no-code solutions for projects stands out, especially for those looking to launch token and NFT staking mechanisms without the substantial investment typically required for hiring developers and performing time-consuming audits.
Apart from these partnerships and solutions, the Earn Network also functions as a blockchain infrastructure operator, running validators on more than 35 networks. This substantial engagement highlights its strong presence in the blockchain ecosystem and commitment to being a yield-origination platform.
Future plans
As part of its strategic vision, the Earn Network is evolving into a premier financial marketplace, inspired by successful models in various industries. The platform eliminates traditional investment barriers, such as hidden fees and intermediaries, providing secure, non-custodial access to global money markets.
Expanding its services continuously, the Earn Network is currently focused on enhancing its existing products through the introduction of new projects, cross-chain support and community-contributed rewards available across its staking programs as a significant v2 update. Categories like liquid staking, social wagering/betting and index-based solutions, along with the integration of real-world assets and tokenized investments, are also carefully considered and form part of Earn Network’s upcoming developments.
These additions not only will improve accessibility to complex financial activities but also bridge the gap between traditional finance and DeFi. By prioritizing compliance, user-friendliness and security, the Earn Network aims to consistently redefine investing, aligning it with everyday activities and promoting a more inclusive financial ecosystem.
Team
The Earn Network team, adept in steering the $EARN public sale, is led by CEO Bartosz Pozniak, who brings a rich blend of entrepreneurial and technological expertise. His notable achievements include founding MyCointainer.com and developing advanced financial technologies for major banks. Under his guidance, the team’s proficiency in blockchain, marketing and strategic partnerships is set to play a pivotal role in the successful rollout and future endeavors of the $EARN public sale.
About $EARN token
The much-anticipated $EARN token, a pivotal element of the Earn Network’s ecosystem, has officially been released. Commencing its availability for purchase on November 24th, 2023, through prominent launchpads, the token ensures broad accessibility for investors and enthusiasts alike. The rollout doesn’t stop there; from the 1st of December 2023, $EARN will further extend its reach by being listed on numerous centralized and decentralized exchanges. This strategic expansion is designed to enhance the token’s visibility and integration within the global crypto trading community. Feel free to learn more directly on Earn Network’s platform about additional information and details regarding the $EARN token and its availability across partnered launchpads.
The $EARN token, central to the Earn Network ecosystem, not only will enable the distribution of platform fees but also offer distinct benefits through its well-defined allocations and tokenomics aimed at price stability and preventing market dumps. This strategic financial model allows a portion of fees to be reinvested for community growth and the development of partnerships, granting token holders a stake in the network’s success. Additionally, $EARN will reduce fees within the platform and enhance the visibility of pool creators’ offers, thereby increasing their participation and liquidity. Its non-inflationary design ensures that staking yields are aligned with the platform’s performance, reflecting Earn Network’s commitment to sustainable, community-focused growth and making the $EARN token a valuable asset in the decentralized finance landscape.
Website | X | Telegram | Discord
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.