The market value of Coinbase's preparations for listing has not exceeded 100 billion, but it also allows investors to formally examine the encrypted digital currency trading platform. The best logic to convince investors is the hot trading market. Since February, the platform token BNB of Binance Exchange has skyrocketed from $40 to $550, an increase of 13 times.
The value of BNB as a native token on the Binance Smart Chain and its manifestation as a trading medium in Binance's vertical ecological application scenarios is immeasurable.
According to the Google search volume, we have listed the tokens of several exchanges, and it is not difficult to see that the market's judgment on the value of BNB tokens is correct.
Binance’s unique Launchpad asset issuance platform added new rules for launching projects in February this year. First, users need to use BNB as a pledge to designate a certain mining product and obtain income. Second, participation in Launchpad new projects also needs to be used in proportion BNB participates in the investment of tokens. This makes BNB, as the only common currency of the platform, turn around and become the generator of the entire decentralized ecological construction.
We call Binance Launchpad this way of helping projects raise funds through centralized exchanges as IEO. In addition, there are also familiar ICOs (a hot concept in 2017, initial coin offerings), IUO (on decentralized exchanges Uniswap to create a new currency), IDO (decentralized DEFI project to issue and raise tokens), etc., there are various ways to raise funds, and these methods that rely on the market to "self-help" complete the fundraising are collectively referred to as IXO.
This article summarizes the IXO project on Binance Smart Chain BSC. Multiple projects on the Binance Smart Chain include NFT, DEFI, ecological development and other three-part ecological horizontal system, and combine many subdivision tracks to develop side by side.
Introduction
PancakeSwap
Introduction
PancakeSwap is a decentralized exchange (DEX) that runs on Binance Smart Chain BSC and adopts the AMM mechanism. The transaction fee is 0.2%, of which 0.17% is used as liquidity mining rewards, and 0.03% is used as system income. As BSC The largest decentralized exchange on the Internet, according to the latest data, the total lock-up volume (TVL) has reached 748.9 million US dollars, and the 24-hour trading volume has always occupied the top spot. As an entry point for value capture, Pancake has made full use of its advantages to develop different Less fun to play.
Syrup Pools (token airdrop pool)
This is a bit similar to Binance’s Launchpool. Users can pledge their platform tokens to obtain tokens for new projects. The new project party is willing to provide a certain amount of tokens to cooperate with Pancake. This non-destructive single-coin mining method is widely used. Well received. For example, users can pledge CAKE (the platform token of Pancakeswap) to obtain any of the following tokens, which can support up to 55 tokens.
Lottery
Users can use CAKE to buy lottery tickets and put them into the lottery prize pool. There are 4 random numbers on each lottery ticket. As long as there are two numbers that match the lottery numbers during the draw, you can get rewards.
IFO(Initial Farm Offering)
The way IFO raises funds is slightly different from IDO. Users inject liquidity into the BNB/CAKE liquidity pool through PancakeSwap to obtain "receipts" (that is, LP Token)
Introduction
BakerySwap
Introduction
BakerySwap is also the first batch of decentralized trading platforms to log on to the BSC chain. Like many DEXs, users can provide liquidity to obtain LP "receipts". While providing liquidity, you can also earn handling fees.
At present, 454 trading pairs have been injected with liquidity. As one of the first four projects injected by the Binance Ecological Development Fund, BakerySwap has not only basic exchange functions, but also NFT+ DEFI, gamification, and new project development. new and so on.
NFT + DEFI combination punch
NFT market
NFT market
And these "mined" NFTs are not meaningless, Bakery provides a trading market for NFTs, and all "mined" NFT artworks can be freely traded. More ways to play, such as BAKE tokens Combo packages can be randomly formed, and BAKE can be used to match any "cultivation tool" to become a new dish, and these dishes can be pledged to get BAKE tokens. If you are interested, you can take a look.
New LaunchPad project
Most of the new projects on Bakery revolve around entertainment projects, such as Battle pets, Spartan, GamyFI, etc. This is also related to Bakery's purpose of becoming the largest one-stop DEFI + NFT service platform on BSC.
Introduction
DODO
Introduction
DODO was established in August last year, and it is also a DEX product. It uses the non-price curve model of PMM to replace the original AMM automatic market algorithm, and proposes self-service models such as crowdfunding pool building, one-click coin issuance, and one-click fund pool creation . Of course, transaction mining is also used to incentivize more token swaps.
Crowdpooling
To build a crowdfunding pool, the project party provides a certain amount of tokens, and specifies the token unit price and issuance amount. Within the specified time, anyone can recharge for subscription. If the user's subscription exceeds the token issuance quota, the token quota will be allocated according to the amount of funds recharged by the user. After the crowdfunding period ends, the public fund pool will be established automatically, and the crowdfunding price will be used as the opening price to immediately open the spot trading market.
Introduction
Bounce
Introduction
Bounce is a decentralized auction market, where anyone or project can create their own auction criteria and auction requirements. Bounce is compatible with two modes, one is the decentralized auction mode, and the other is the officially certified auction.
Bounce Decentralized Decentralized Auction Module
This is an auction agreement for decentralized token swaps, which includes "over-the-counter transactions" (various token swaps), initial token offerings (investment in initial token sales through sealed bids or Dutch auctions, etc.) ), NFT auction. It should be noted that anyone can create ERC20 tokens, and there are some unscrupulous names pretending to be popular projects. It is best to check the contract address provided by the project before redeeming.
Bounce Certified Officially Certified Auction Module
In the officially certified auction module, the Bounce platform token BOT is the key to start the application project, where a certain amount of BOT is required to open the project application, and members holding BOT in the community can vote and make decisions.
Introduction
YellowRoad
Introduction
YellowRoad is the new IDO platform on BSC, which offers a range of financing solutions for new projects, from smart auctions to community building and engagement programs. Currently announced the completion of a $500,000 private placement.
Participating institutions include Genesis Block, AU21, Momentum 6, Phoenix VC, Hybrid Ventures, Titans Ventures, Blocksync Ventures, SMO Capital.
IDO
The difference between YellowRoad and other IDO platforms is that its charter describes some incentives for platform token holders, as well as liquidity providers, and the Yellow Force team. Users must meet the following conditions to participate in the project .
token holder
Top 150 addresses hold the platform token ROAD with the most number, and can directly obtain the purchase qualification without lottery
liquidity provider
liquidity provider
Provide at least 5 BNB with ROAD platform tokens to provide liquidity, and you can get double ROAD calculations, for example: 5 BNB + 200 ROAD is counted as 400 ROAD
Team Yellow Force
Medium has a link to apply for the Yellow Force team, which probably means that you can show what you can do for the team. If you pass the review, you can directly obtain the purchase qualification (for life time)
Introduction
Kickpad
Introduction
KickPAD is a decentralized pre-sale and IDO platform based on Binance Smart Chain, and a member of the Kick ecosystem. The platform was established to make it easier for promising projects to launch on Binance Smart Chain to engage in Trustless Token Sale with effective liquidity lock-in.
IDO mode
Kickpad gave different answers to the distribution model of IDO, putting 70% of the shares in the private placement round, and 30% of the shares in the public placement stage. If all the tokens in the private placement round are not sold out, they will be transferred to The sale will continue in the public offering round.
Introduction
BSCpad
Introduction
BSCpad is also the first IDO platform on BSC, and it also proposes to find a solution to motivate and reward all token holders in a low-threshold way. Their logic is very simple. Although many IDO platforms now need to hold platform tokens as support, it is fundamentally impossible to solve the problem that every user can get an equal share. Robots can fill in dozens of whitelists in a few seconds. BSCpad can improve this
IDO
All participants need to hold platform tokens for at least 7 days, and we follow the rules of Bronze (minimum holding 1000) Silver (2500) Gold (5000) Platinum (10000) Diamond (TBA) Community contribution (TBA) , For the Bronze and Silver stages, requirements such as whitelist and twitter forwarding are required, but there is no such requirement for high levels.
Summarize
Summarize
The high transaction fees on Ethereum have been bothering users. The problem of scalability has caused BSC to overtake in a corner in the first quarter of this year, and it has perfectly defeated the ecosystem of Ethereum on any indicator. Whether it is daily activity Still 24-hour transaction volume, TVL of individual projects, etc., all imply that the Ethereum ecological chain may lose its dominant position. Not to mention, some very good DEFI projects are expanding to other blockchain platforms, DApps in the BSC ecosystem will also continue to grow.
It is very attractive to start new projects in the currency circle. It is a joy to double the number of times one after another. However, when participating in an IDO, it is best to know the information of the project in advance and not blindly chase the high. There is no draw Don't be disappointed when you go to the white list. Some IDO platforms, such as Balancer, have a callback mechanism. When no one buys a new IDO project, the price will be automatically called back. Do a good job of research, and don't be fomo.
