Press Release

Binance unveils the 49th project on its Launchpool: $ETHFI .

The introduction of Ether.Fi ( $ETHFI ) to Binance’s Launchpool signifies a significant leap in staking Platform , showcasing the innovation and potential within the cryptocurrency ecosystem.

Users will be able to stake their BNB and FDUSD into separate pools to farm ETHFI tokens over four days, with farming starting from 2024-03-14 00:00 (UTC).

About Ether.Fi :

• Ether.Fi is a fundamentally new staking protocol for Ethereum. Ether.Fi allows participants to retain control of their keys while degating staking. 
• Deposits to Ether.Fi are natively re-staked with Eigenlayer. Eigenlayer repurposes staked ETH to support external systems (e.g., rollups, oracles) with an economic security layer, which increases yield for ETH stakers in the process.
• $ETHFI is the native utility and governance token for the Ether.Fi protocol. It is used by the community to govern key aspects of the protocol, including:
  • The Ether.Fi treasury
  • Key protocol upgrades
  • Protocol fees and distributions

UXLINK, a rapidly expanding Web3 social platform and infrastructure, has recently concluded a fresh round of funding, securing over $9 million in total investments.

Notable investors in this round include OKX Ventures, Web3Port Foundation, Manifold, UOB Venture, Comma3 Ventures, Cypher Capital, Kucoin Ventures, Gate Labs, Forgame (0484.HK), ECV, Signum Capital, 7UPDAO, along with industry leaders. Additionally, according to Singapore Corporate Information, HongShan Capital, GGV Capital, MatrixPort Ventures, and ZhenFund have also backed UXLINK.

Interestingly, UXLINK’s investor base encompasses not only crypto and exchange investors from North America, Asia, and the Middle East but also strategic investors such as publicly listed companies. There’s talk within the community suggesting UXLINK might seek another round of funding before its TGE. As a social ecosystem, UXLINK stands out as a leading solution, offering a blend of Web3 gateway aggregation, social DEX functionality, and infrastructure designed for widespread adoption.

What sets UXLINK apart from other social infrastructure projects is its emphasis on bi-directional, acquaintance-based social relationships, a departure from the one-way, following-centric approach adopted by others. It’s akin to the difference between Twitter and Facebook. UXLINK comprises two layers of mutual promotion: The application layer features modules like Social DEX and UX Growth (Link to Earn), while the infrastructure layer integrates unique data and the RWS social protocols. Notably, there are plans in the pipeline to unveil the Social Liquidity Chain, an innovative initiative leveraging OP Stack L2 and EigenDA technologies, aimed at providing enhanced support for developers and third-party DApps.

UXLINK has garnered significant attention from the market and investors alike, thanks to its product innovation and rapid expansion. Since its launch in April 2023, UXLINK has amassed over 3.5 million verified users within a span of 10 months, boasting more than 75,000 decentralized groups that cater to over 6 million users. The user base predominantly spans Southeast Asia, the Middle East, Europe, South Asia, and Africa.

“In the Web1.0 and Web2.0 eras, standout products built around acquaintance-based social relationships like Facebook and WeChat served as pivotal drivers and infrastructure for mass adoption, benefiting billions of users. UXLINK represents a similar innovative force in the Web3 era.”

Blast Futures (BFX) has made a splash with its launch on Blast Mainnet, boasting significant demand and trading volume. As the first decentralized exchange (DEX) to provide native yield on all trader deposits, BFX has garnered attention as a standout winner of the Blast Big Bang Competition, backed by a strong community.

Offering top-notch execution, liquidity, and trading experiences in DeFi, BFX also presents a high-yield DeFi vault product.

To mark the mainnet debut, BFX has initiated the Deposit Bonanza, offering users an additional 3% cash on all deposits made until March 21st. Here’s how it works:

• Starting March 7th, users deposit USDB into BFX trading or vaults, immediately earning yield and Blast Points.
• Deposits must remain in BFX for at least 2 weeks.
• At the end of the 2-week period, users will receive 3% of the deposited amount in USDB directly to their BFX trading account.

Here are some important details to note:

• The Deposit Bonanza applies only to the first $20 million of new deposits.
• Withdrawals during the Bonanza period will disqualify users from receiving the reward.
• Users can stake any amount to earn Blast Points alongside the 3% payout.

For full terms and conditions, click here.

https://twitter.com/BlastFutures/status/1766078288529859072

About BFX:

Blast Futures Exchange (BFX) is a groundbreaking Perpetual Futures Exchange offering native yield. With a user-friendly trading platform, BFX provides up to 5% interest on balances automatically. It offers a secure, liquid derivatives trading experience, enabling 24/7 access to crypto markets globally with zero gas fees.

BFX is the source of this content, and while this Press Release serves informational purposes, it does not constitute investment advice or an offer to invest.

All eligible participants can now head over to our custom built platform and start claiming their $BSKT

When claiming, there is a 24hr daily unlock vested over a 30 day period. If you wish to wait, daily unlocks accrue until you decide to claim your tokens, with a 7 day grace period after the 30 day vest is completed. Anything not claimed after that time will be burned

This is the first of many contributions the BSKT team hopes to deliver as we onboard and educate existing and new market participants across the entire ecosystem. We appreciate each and every one of our early supporters and the communities that lead us here.

BONKmas participants and EVERY wallet that locked their BONK in BONKrewards in the first 48 hours were eligible for this one!

How to claim :

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