What is Ethena Labs (ENA)?

Ethena is a project developed to address the issues of existing stablecoins in the cryptocurrency market. What is Ethena (ENA)? Ethena is a cutting-edge decentralized finance (DeFi) protocol built on the Ethereum blockchain. It is designed to generate synthetic dollars, which are digital assets that maintain price parity with the US dollar (USDe). The ENA token is the native governance token of the Ethena protocol. Through the use of smart contracts, Ethena allows users to mint, trade, and exchange synthetic dollars without the need for a central authority or intermediary. This provides users with greater control over their funds and financial transactions. The ENA token plays a crucial role in the governance and operation of the Ethena protocol. Holders of the token have voting rights in the decision-making process of the protocol, such as proposing and voting on changes to the protocol parameters or upgrades. Additionally, the ENA token can be staked to earn rewards in the form of transaction fees generated by the protocol. This incentivizes token holders to actively participate in the protocol, contributing to its security and stability. Overall, Ethena aims to revolutionize the way decentralized finance operates by providing a reliable and transparent platform for users to access synthetic dollars and participate in the governance of the protocol.  Why is Ethena Labs important? Ethena provides a vital solution within the growing DeFi sector. Synthetic dollars play a key role in various DeFi applications, including:

  • Stablecoin for trading: Provides traders with a price-stable asset for crypto trading within the volatile crypto market.
  • Lending and borrowing: Enables users to lend and borrow assets with stable value.
  • Yield generation: Allows users to earn a yield on their crypto holdings with less risk compared to other cryptocurrency assets.
How does the Ethena protocol work? Ethena maintains a collateral pool of cryptocurrency assets, primarily Ethereum. Users can deposit collateral to mint synthetic dollars. The protocol uses a complex system of algorithms and incentives to maintain the price stability of its synthetic dollars. ENA token holders play a part in governance decisions and help shape the future of the protocol. Should I invest in the Ethena (ENA) token? Determining whether or not to put your money into ENA is an individual choice. It is important to extensively study Ethena Labs, including the protocol, tokenomics, team, and roadmap. Take into account your risk tolerance and overall investment approach. Making an investment in the Ethena (ENA) token should be thoughtfully evaluated. Here are some advantages and disadvantages to assist you in making an educated decision. Ethena advantages:
  • Impressive idea
  • An effective vesting plan
  • Backed by top-tier funds
  • Extensive network of top-tier partners
  • Successful PR and growth marketing efforts
  • Effective influencer marketing campaigns
  • Undergone multiple security audits and bug bounty programs by reputable companies
  • Comparatively low Initial Market Cap/Fully Diluted Valuation (FDV) ratio (9.5%)
  • Experienced executive team
Token NameEthenaTickerENABlockchainEthereumToken StandardERC-20ContractTo be updatedToken TypeGovernanceTotal Supply15,000,000,000Circulating SupplyTo be updatedDetails about ENA token Token Allocation Token Release Schedule Ethena disadvantages:
  • Because of its intricacy, the protocol carries substantial risks associated with its delta hedging approach.
  • Damage to reputation caused by the failure of Terra or Luna.
It is important to note that investing in any cryptocurrency carries inherent risks, and it is crucial to conduct thorough research and consider your own risk tolerance before making any investment decisions. What is Delta-Hedging? Delta-Hedging, also known as Delta Neutral Trading Strategy, is used to generate income when the market lacks direction. Though that’s the definition, in practice, there are numerous methods to apply it, and the common goal of these methods is to eliminate price volatility and earn profits. This means that the user’s position remains unchanged amidst market fluctuations. When applied to the cryptocurrency market, the most commonly used investment method is to balance the user’s portfolio to zero, creating a hedge, and earning profits from other methods such as IDO, Airdrop, Staking, Farming, etc. Conclusion Ethena is a project issuing a stablecoin based on the delta-neutral investment method, currently attracting significant attention from the investor community. Coinbold provides only general information, not investment advice.

What is Saga (SAGA)?

Saga is a protocol that provides blockchain development services for decentralized applications. Let’s dive right in and learn more in this article! What is Saga (SAGA)? Saga Protocol is a venture that offers blockchain construction services for applications. Essentially, Saga functions as a blockchain platform designed to introduce additional blockchains, known as “Chainlets,” within the Saga ecosystem. These Chainlets are safeguarded by Saga validators through a process called Interchain Security, which is a collaborative security system derived from Cosmos. The concept of Interchain Security involves one blockchain serving as a security provider for others, specifically Chainlets in this scenario. As a result, Chainlets are able to leverage the advantages of operating a Cosmos SDK application while relying on Saga validators for block validation. Solution for Building VM-Compatible Blockchains Saga is presenting a specialized system for deploying blockchain that is user-friendly, decentralized, and secure. This system allows developers to have control over selecting their desired virtual machine, starting with support for the Ethereum Virtual Machine (EVM). In the future, Chainlet is striving to be compatible with multiple virtual machines, giving developers the freedom to select from different options such as EVM, CosmWasm, or Javascript VM. Chainlet Launching Process Launching a Chainlet on Saga does not require permission, unlike on Cosmos Hub. Developers simply need to possess SAGA tokens to cover the expenses of setting up and maintaining their Chainlet. This process is akin to services offered by platforms like Amazon Web Services and other SaaS providers, with the distinction that the subscription fee for creating and managing a Chainlet is paid in SAGA tokens. Once the fee is paid, validators are responsible for establishing and overseeing the infrastructure of the Chainlet, similar to how validators on Cosmos Hub manage app chain infrastructure. To launch a Chainlet, developers must allocate funds to an escrow account using SAGA tokens. This escrow account can be funded with any desired amount and serves as a prepaid service to handle expenses related to the Chainlet. If the prepaid fee runs out, the Chainlet will become inactive until the developer deposits more SAGA into the account. The fee is calculated per epoch, with each epoch lasting approximately one day. There are different methods to fund your margin account with SAGA tokens:

  • Deposit money directly into your account with SAGA tokens
  • Stake SAGA to an escrow account to pay fees through staking rewards
  • Allows sponsors, community, and DAOs to pay fees
The fee required to participate in Chainlet is set by the validator prior to the start of each new day-long epoch. Validators each submit a proposal for the fee they wish to receive for their services, which are then locked in and chosen through a bidding process known as the “Musical Chair Auction”. Musical Chair Auction – Model for determining Chainlet operating costs The Musical Chair Auction is a method used to determine a standard price for carrying out Chainlet operations. In this auction, validators submit their bids, and only a select group with the lowest bids, known as the “Winning Set”, are chosen to operate the Chainlet. Validators with higher bids are categorized as the “Losing Set”. The cost of operating a Chainlet is established by the highest bid within the Winning Set. This means that the validator with the highest bid in the Winning Set will be paid their desired price, while other validators not only secure their desired price but also earn a profit based on their bid. Thus, the price paid by developers to validators for operating a Chainlet is based on the highest bid in the Winning Set, along with an additional profit. This profit ensures that all validators in the Winning Set receive a fair compensation for the services they provide to developers in running the Chainlet. Musical Chair Auction. Source Chorus One On the other hand, Musical Chair Auction poses potential risks for validators. This system aims to motivate validators to submit the most competitive bids, with rewards for validators in Winning Sets and consequences for validators in Losing Sets. Tokenomics of SAGA Token Name: Saga (SAGA)
Max Token Supply: 1,000,000,000 SAGA Saga and Chainlet introduce a new token structure with transaction fees to be paid by end users to Chainlet developers; Developers will then pay gas fees to Saga Mainnet. This gives a high degree of flexibility to Chainlet and its development team in determining how end-user transaction fee funds are used. In a Chainlet, gas fees can be paid with SAGA tokens or other tokens such as ETH or USDC. SAGA team
  • Rebecca Liao – (CEO): Previously, she was Co-founder and held the CEO position at Skuchain, she brought Skuchain to annual sales of over 5 billion USD. Currently, Rebecca is an Advisor to Sommelier Protocol, responsible for designing the DAO to optimize governance, develop the platform, and ensure regulatory compliance.
  • Jacob McDorman – (CTO): He is an entrepreneur and researcher with over a decade of experience in product development. He has a vision and practical approach, having worked as a business founder, entrepreneur, development studio owner and consultant.
  • Jin Kwon – (CSO): He has contributed to the Cosmos ecosystem since 2018 and currently holds many important positions at Tendermint. He has a multidisciplinary background in engineering, sales, marketing and finance, and wants to see web3 technology widely integrated into everyday life.
  • Bogdan Alexandrescu (Vice President, Engineering): He is a technology expert and industry leader with experience in many fields, from technology to fintech and business consulting. Before joining Saga, he had a notable career at Apple Inc and worked on large-scale, machine learning and artificial intelligence projects.
Rebecca Liao is CEO of Saga. Investors Saga has successfully secured 13.5 million USD in total through 3 rounds of seed funding. Investment funds and organizations such as placeholder, Samsung Next, GSR, Longhash Ventures, Maven11, and Hypersphere have all contributed to these capital calls. Conclusion Saga is a Layer 1 protocol that developers allow to automatically spin up parallelized and interoperable dedicated chains that elastically scale with their Web3 application needs. Through this article, you probably have some basic information about the project to make your own investment decision. You can currently earn SAGA tokens through Binance Launchpool by staking BNB or FUSD.

Dubai Web3 Investment Conclave (DWIC) 2024 Announces Inaugural Edition, Driving Innovation and Sustainability in the Blockchain Ecosystem

Dubai, UAE – 06th April 2024 – The Dubai Web3 Investment Conclave (DWIC), organized by Giakaa Capital with co-host Leo Ventures, is set to become the premier gathering for the global Web3 community. Taking place from April 15th to 21st, 2024, at the DIFC Innovation Hub, this transformative event will explore the frontiers of Web3 innovation while emphasizing a commitment to net-zero goals. A Nexus for Web3 Transformation DWIC will welcome visionaries, entrepreneurs, investors, and policymakers for a week of insightful discussions, knowledge sharing, and strategic investment opportunities. The conference will delve into the potential of Web3 and blockchain technology to revolutionize industries and drive sustainable growth. Theme: Driving Net Zero DWIC recognizes the importance of responsible innovation.  The conference theme, “Driving Net Zero,” underscores the potential of Web3 technologies to contribute to global sustainability goals. The event will showcase how blockchain can be harnessed to enhance transparency, efficiency, and environmental sustainability across sectors. Agenda Tailored for Investment Each day of DWIC is meticulously designed to cater to diverse investor profiles:

  • Day 1 – Incubators & Accelerators
  • Day 2 – SWFs & Hedge Funds
  • Day 3 – Angel Investors
  • Day 4 – Investment Banks & Corporates
  • Day 5 – Private Equity & Institutional Investors
  • Day 6 – Venture Capitals
  • Day 7 – Family Offices & HNIs
Web3 Startup Pitch: Pitching for the Future A highlight of DWIC will be the Main Stage Startup Pitches, providing a coveted platform for promising Web3 startups to present their ideas to a global audience of investors and potential partners. DIFC Strategic Partnerships for Impact DWIC is supported by key partners from the Government of Dubai, including DIFC, DIFC Innovation Hub, and the Dubai AI & Web3 Campus. These collaborations underscore Dubai’s commitment to fostering a thriving Web3 ecosystem and position DWIC as a catalyst for innovation and investment. Strategic Partnerships – DIFC Innovation Hub  The DIFC Innovation Hub is an important pillar of the new Dubai Future District, located in Gate Avenue and elevates DIFC’s contribution to the UAE Innovation Strategy and Dubai Plan 2030. It is home to the largest innovation ecosystem in the region and paves the way for early stage start-ups, growth stage start-ups, unicorns and big Tech firms to accelerate success. Venture Studio Partner – Simsy Ventures  Simsy Ventures is a venture builder, an institutional co-founder, and a partner for entrepreneurs (co-founders), investors, corporations, and the global startup ecosystem. We forge partnerships to collaborate and co-create fast-growing sustainable startups that become purpose-driven impactful companies – from idea generation, market validation, sustainability mapping, product-market fit, traction & unit economics, growth hacking, and launching new ventures to providing ongoing support. Quotes:
  • Omika Dubey, Managing Partner, Giakaa Capital: “DWIC is more than a conference; it’s a movement to accelerate the responsible and sustainable adoption of Web3 technologies. We’re bringing together the brightest minds and influential investors to shape the future of this transformative space.”
  • Sonny Mohanty,  Partner, Leo Ventures: “We’re excited to co-host DWIC and bring our expertise to identify and support game-changing Web3 ventures. This event will pave the way for groundbreaking collaborations and fuel the growth of the global blockchain ecosystem.”
Registration and Information:
  • Website: https://www.dwic.ae/
  • Event Registration: https://lu.ma/dwic
Partnership and Collaboration Opportunities:
  • Become a Sponsor – https://tally.so/r/nr6BQL 
  • Apply to Speak – https://tally.so/r/mR0deP 
  • WEB3 Startup Pitch – https://tally.so/r/wb7MG0
  • Community Partner – https://tally.so/r/nr6B8p 
  • As an Investor – https://tally.so/r/npKd2y 
  • As Incubators/Accelerators – https://tally.so/r/3y6NQd 
  • Media Partner – https://tally.so/r/w5z46Z 
  • Become an Affiliate – https://tally.so/r/mJ6pd4 
Follow for Updates: Follow Us: LinkedIn – https://www.linkedin.com/company/dwic/   Twitter – https://twitter.com/DWIC2024 Instagram – https://www.instagram.com/dwic_ae/  Latest News And Networking: Whatsapp – https://chat.whatsapp.com/G3jI98Imm57G8CCfJ98h7H Telegram https://t.me/dwic2024 For DM – +971 56 434 2347 For One-to-One Meeting –  https://calendly.com/dwic2024/30min  About the Organizers: Giakaa Capital: At Giakaa Capital, our vision is to pioneer the future of digital public infrastructure through strategic investments in Blockchain technology. We are committed to advancing solutions that pave the way for mass adoption, contributing to a sustainable future aligned with the Sustainable Development Goals (SDGs). About the Co-Host: Leo Ventures:  Leo Ventures is a pioneering Singapore based Venture Capital Fund dedicated to propelling the future of technology through strategic investments in early-stage Web2 and Web3 projects in deep tech, fintech, blockchain. Our mission is to catalyze innovation and transform groundbreaking ideas into reality. As an incubator and accelerator, we foster the growth of disruptive projects within the dynamic landscape of Web3, inspiring a new wave of developers and creators to push the boundaries of what’s possible.

Coinbold Announces Strategic Investment in Mars4 – MARS BATTLE

Coinbold, a leading investment firm in the cryptocurrency space, has announced its strategic investment in Mars4 – MARS BATTLE, a groundbreaking virtual reality gaming platform. Mars4 – MARS BATTLE, developed by the innovative team at Mars4, is an immersive gaming experience that allows players to explore the planet Mars through virtual reality technology. Players will be able to engage in exciting battles, solve puzzles, and uncover the mysteries of Mars, all while experiencing the stunning landscapes and environments of the red planet. As part of the strategic investment, Coinbold will provide funding and expertise to support the continued development and expansion of Mars4 – MARS BATTLE. Coinbold recognizes the immense potential of the gaming industry and sees Mars4 as a pioneer in the virtual reality gaming space. By investing in Mars4, Coinbold aims to contribute to the growth and success of the platform while also positioning itself at the forefront of the gaming revolution. The partnership between Coinbold and Mars4 is expected to bring significant benefits to both parties. Mars4 will gain access to Coinbold’s vast network and resources, which will enable the platform to accelerate its development roadmap and reach a larger audience. Additionally, Coinbold’s investment will provide the necessary capital for Mars4 to enhance its existing features, develop new content, and improve user experience. For Coinbold, the strategic investment in Mars4 represents a diversification of its portfolio and an opportunity to tap into the rapidly expanding gaming market. With the continuous advancements in virtual reality technology and the increasing popularity of gaming, Coinbold sees Mars4 – MARS BATTLE as a platform with immense growth potential. By investing in Mars4, Coinbold is not only making a strategic move in the gaming industry but also demonstrating its commitment to supporting innovative projects that push the boundaries of technology. Both Coinbold and Mars4 are excited about the future prospects of this strategic partnership. Together, they aim to redefine the gaming experience and bring a new level of immersion and excitement to players around the world. As Mars4 continues to evolve and expand its offering, Coinbold will be there every step of the way, supporting the company’s vision and ensuring its success in the virtual reality gaming landscape. Explore More About Coinbold and Mars4:

  • Coinbold: Website | Twitter
  • Mars4: Twitter | Telegram | Website

Coinbold Partners with Solak GPT to Shape the AI-Driven Future of Web 3

[Hanoi/Vietnam] – April 18, 2024 – Coinbold, a crypto news website and investor in transformative blockchain technologies, today announced a strategic partnership with Solak GPT. This collaboration aims to accelerate the development of Web 3.0 through the integration of powerful AI tools within Solak’s groundbreaking decentralized ecosystem. Solak GPT stands at the forefront of innovation with its AI-powered browser designed to redefine the DeFi (decentralized finance) landscape. Users can expect an unparalleled experience combining efficiency and robust security. solakgpt banner About Coinbold Coinbold is a blockchain news site. We are focusing on updating market information, introducing projects, events, etc. Our goal in the future is to become a global communication channel  demand to support more projects on Blockchain Technologies, NFTs, GameFi, M2E, and the DeFi Ecosystem. About Solak GPT Solak GPT is a pioneering project dedicated to shaping the future of Web 3.0. Their AI-powered browser redefines the DeFi experience, offering exceptional efficiency and security within a decentralized environment. Solak GPT empowers users to engage with the next generation of online interactions. Explore More About Coinbold and Solak GPT:

  • Coinbold: Website | Twitter
  • Octavia Labs: Website | Twitter

How to Add Degen Chain to MetaMask

MetaMask is a popular cryptocurrency wallet and browser extension that allows users to securely store and manage their digital assets. One of the newest and most talked-about additions to MetaMask is Degen Chain, a decentralized finance (DeFi) platform that offers a range of innovative features and opportunities for users to earn passive income. In this article, we will provide a step-by-step guide on how to add Degen Chain to your MetaMask wallet so you can start exploring the world of DeFi and take advantage of all the benefits it has to offer. Whether you’re a seasoned crypto investor or brand new to the DeFi space, adding Degen Chain to your MetaMask wallet is a simple process that can open up a world of possibilities for your financial future. Let’s dive in and learn how to get started with Degen Chain on MetaMask. Can I Add Degen Chain to MetaMask? Certainly, it is easy to integrate Degen Chain into MetaMask. Serving as a Layer 3 protocol compatible with the EVM and based on Ethereum’s Arbitrum Orbit framework, Degen Chain works seamlessly with well-known wallets such as MetaMask and Coinbase, enabling users to tap into its decentralized finance and meme coin offerings. By inputting Degen Chain’s customized RPC URL into your MetaMask settings, you can quickly connect to its ecosystem. How to Add Degen Chain to MetaMask Integrating Degen Chain into MetaMask is an easy task that requires entering the accurate RPC details and Network ID into your wallet settings. To simplify the setup process, it is advised to use a network aggregator such as ChainList. By utilizing ChainList, connecting to any supported EVM-compatible chain, whether it be mainnets or testnets, can be done with just a single click. Use this simple 4-step guide to incorporate Degen Chain:

  1. Go to ChainList: Go to the ChainList site and link you MetaMask Wallet.
  2. Look for Degen Chain: Type ‘Degen Chain‘ into the search bar at the top.
  3. Choose Degen Chain: Press ‘Add to MetaMask’.
  4. Finish the Installation: Follow the instructions in your MetaMask wallet to securely complete the connection.
Degen Chain RPC Details To configure Degen Chain on MetaMask, you will need the following important RPC details. It is recommended to consult the official Degen Chain documentation or utilize ChainList, a reliable network connectivity service, to ensure you have access to the latest and most precise information.
  • Network Name: Degen
  • RPC Endpoint: https://rpc.degen.tips
  • Chain ID: 666666666
  • Currency Symbol: DEGEN
  • Block Explorer URL: https://explorer.degen.tips
To ensure a accurate and safe configuration of Degen Chain on your MetaMask, it is recommended to verify these information with trustworthy sources. What is Degen Chain? Degen Chain is a decentralized blockchain network with degen token as its native cryptocurrency, connecting degen chain to other chains like ethereum and binance smart chain. By leveraging web3 and defi frameworks, users can easily swap tokens and conduct transactions across different blockchains with the degen bridge. Through the degen network, users can unlock new opportunities in the crypto space, engage in experiments like tipping and airdrops, and even learn how to add NFTs to their walletsmetamask. With the degen chain set to launch in 2024, it aims to become a key player in the cryptocurrency world. Degen Chain is a crypto blockchain network aiming to connect various blockchains such as ethereum, solana, and bitcoin through its layer 2 scaling solution. By leveraging zksync and farcaster, users can swap tokens and bridge transactions seamlessly. The degen community eagerly awaits the 2024 launch of degen chain. Conclusion Connecting MetaMask with Degen Chain through ChainList provides a smooth and safe method to enter the decentralized finance ecosystem of this Layer 3 network. This method guarantees users access to verified network information, making the integration process easier. By adhering to a simple tutorial on utilizing ChainList and ensuring that RPC details are up to date per Degen Chain’s official guidelines, users can be assured of a smooth and secure introduction to a wider blockchain environment.

How to Add SatoshiVM to MetaMask

Looking to expand your MetaMask capabilities and dive further into the world of decentralized finance? Adding SatoshiVM to your MetaMask account can open up new opportunities for utilizing decentralized applications and interacting with the blockchain. Learn how to integrate SatoshiVM into your MetaMask wallet with ease. Can I Add SatoshiVM to MetaMask? Certainly, connecting SatoshiVM with MetaMask is easy. SatoshiVM enhances Bitcoin’s capabilities using Layer 2 technology called ZK-Rollup, which is interoperable with Ethereum’s EVM. This compatibility allows you to access SatoshiVM features directly via MetaMask. To integrate SatoshiVM with your MetaMask wallet, you need to link to the custom network settings that align with the official network parameters. How to Add SatoshiVM to MetaMask For a quick and easy installation, it is recommended to use a network aggregator like ChainList. ChainList makes it simple to connect to any supported EVM-compatible chain, including main networks and test environments, with just a single click. Here’s an easy 4-step method to integrate SatoshiVM:

  1. Visit ChainList: Head over to the ChainList platform and ensure your MetaMask Wallet is connected.
  2. Search for SatoshiVM: Type ‘SatoshiVM’ into the search bar at the top of the page.
  3. Select SatoshiVM: Locate SatoshiVM in the displayed list and choose ‘Add to MetaMask’.
  4. Complete the Setup: Follow the MetaMask prompts to finish setting up and securely establish the connection.
‍In case you cannot use Chainlist, you can easily link SatoshiVM with MetaMask, by entering the correct RPC information and network ID into your wallet settings according to the information below. SatoshiVM RPC Details Below are the official settings for SatoshiVM Mainnet, make sure the information you enter into the Metamask settings is correct:
  • Network Name: SatoshiVM
  • Network URL: https://alpha-rpc-node-http.svmscan.io
  • Chain ID: 3109
  • Currency Symbol: BTC
  • Block Explorer URL: https://svmscan.io/
What is SatoshiVM? SatoshiVM is a Layer 2 scaling solution for Bitcoin that aims to bring smart contract functionality and decentralized application (dApp) development to the Bitcoin network. It achieves this by leveraging Zero-Knowledge Rollups (ZK-Rollups) and integrating with the Ethereum Virtual Machine (EVM) ecosystem. Conclusion In summary, integrating SatoshiVM into MetaMask offers users an easy way to take advantage of Bitcoin’s Layer 2 improvements using ZK-Rollup technology and EVM compatibility. By relying on ChainList for precise network settings, a seamless and safe integration is guaranteed, allowing access to SatoshiVM’s expanding range of DeFi applications.

What is Nibiru chain (NIBI)?

Nibiru Chain (NIBI) is a blockchain platform that aims to revolutionize the gaming industry by providing a decentralized ecosystem for gamers, developers, and content creators. By utilizing blockchain technology, Nibiru Chain offers transparency, security, and fair distribution of rewards to its users.  Let’s delve deeper into Nibiru Chain with this article Table of Contents

  • What is Nibiru chain?
  • Key Features of Nibiru Chain
  • Nibiru Ecosystem: Featured dApps
  • What Is the NIBI Token?
  • Tokenomics of NIBI Token
  • Nibiru Chain Roadmap
  • The Future of Nibiru Chain
  • Conclusion
What is Nibiru chain? Nibiru Chain is a proof-of-stake blockchain that aims to establish a universal Web3 hub, bringing together user-friendly features and the power of Cosmos SDK and Tendermint Core consensus. With its interoperability via Inter-Blockchain Communication (IBC), Nibiru Chain allows seamless communication with other blockchains, making it a promising player in the web3 ecosystem. Key Features of Nibiru Chain
  1. Proof of Stake Blockchain: Nibiru Chain is a proof of stake blockchain that allows users to stake their tokens and participate in the consensus process.
  2. Inter-Blockchain Communication (IBC): Nibiru Chain can communicate with other blockchains through IBC, enabling interoperability and data sharing between different networks.
  3. Searchable Index of Blockchain Data: Nibiru Chain provides a searchable index of blockchain data, allowing Web3 projects to track user behavior, monitor network activity, and make data-driven decisions.
  4. Robust Oracle Module: Nibiru Chain has a robust Oracle Module that securely brings real-world data onto the blockchain, enabling smart contracts to execute based on external inputs.
  5. Improved Incentive Model: Nibiru Chain proposes an improved incentive model that ties rewards to the time-weighted Total Value Locked (TVL) in smart contracts, ensuring alignment with the ecosystem’s growth and reducing the potential for manipulation.
  6. Fast Block Times and High Transaction Throughput: Nibiru Chain has fast block times of approximately 1.4 seconds and the capacity for high transaction throughput, potentially exceeding 40,000 transactions per second.
Nibiru Ecosystem: Featured dApps Looking to integrate decentralized finance (DeFi) solutions into your business? Look no further than Nibiru Chain. With its robust infrastructure and advanced technology, Nibiru Chain offers a range of applications for industries looking to streamline operations and harness the power of blockchain technology.
  1. Decentralized Exchanges: Nibiru Chain offers Nibi-Perps, a decentralized exchange (DEX) for perpetual futures trading with reduced latency and market imbalance solutions.
  2. Oracle Solutions: The Nibiru Oracle Module provides reliable and fast oracle solutions for indexing prices, ensuring accurate pricing, and aligning incentives among validators and oracle nodes.
  3. Automated Market Maker (AMM): Nibiru Chain features Nibi-Swap, an AMM protocol for spot trading, allowing users to access swaps for multichain assets and utilize liquidity pools.
  4. Stablecoin and Yield Generation: Nibiru Chain’s native stablecoin, NUSD, serves as a capital-efficient medium for swaps and offers advanced tools for consistent yield generation and cross-exchange arbitrage.
What Is the NIBI Token? NIBI Token is the utility token for the Nibiru blockchain, a user-friendly smart contract ecosystem with unparalleled security and superior throughput. Nibiru aims to usher in the next era of money by leveraging features such as staking and real-world assets coded estate. Total Token Supply: 1,500,000,000 NIBI Tokenomics of NIBI Token Nibiru will have a fully diluted token supply of 1.5B tokens Split (%)GroupDescriptionSchedule60CommunityStakers, Development grants, hackathons, liquidity provision, partnerships, and general community governanceNon-linear schedule based on a normalized exponential function.15.3Core Contributors / TeamCore team, strategic advisors, and future hires.Subject to employee token options. 0% TGE, vesting linearly.8.5Investors (Seed)Seed funding round in 2022 (opens new window)co-led by Tribe Capital, Republic Capital, NGC Ventures, and Original Capital.0% TGE. Cliff for 25% at month 9, followed by linear vest for the other 75% over 36 months.8.2Investors (Post-seed)For partners and private investors. Excess from this category would remain in strategic reserve.0% TGE. Mixture of 24-month and 36-month linear unlocks.8.0Public Sale (CoinList)Community Sale on CoinList.10% unlocked at launch. Linear vest for the other 90% over 12 months.Last Updated: Jan 28, 2024. Nibiru Chain Roadmap Discover the future of decentralized finance with the Nibiru Chain Roadmap. This roadmap outlines the development stages and key milestones for the Nibiru Chain project, a platform that aims to revolutionize the way we interact with digital assets and blockchain technology. Join us on this journey towards a more secure and transparent financial ecosystem.  The Future of Nibiru Chain Nibiru Chain presents a future of superior throughput and unparalleled security as a breakthrough Layer 1 blockchain and smart contract ecosystem. Developers have begun building on Nibiru across sectors, taking advantage of its developer-friendly and user-friendly smart contracts, decentralized oracles, and instant finality. With low gas fees, web3 adoption, and the potential for airdrops, Nibiru Chain is poised to become a leading platform for staking and utility token holders. Nibiru Chain acts as a permission-less smart contract platform, offering a utility token for the blockchain that provides benefits such as smart contract royalties and an oracle module for secure data feeds. The blockchain’s finality, paired with its developer-friendly environment, makes it an attractive option for those looking to build innovative solutions within the Nibiru ecosystem. Conclusion Nibiru chain is a breakthrough l1 blockchain and smart contract platform in web3 that allows developers to build on-chain cryptocurrency projects. Nibiru acts as a permission-less platform for developers, with features like automated market maker protocol, perpetual futures exchange, and staking.  The Nibiru team recently launched a development fund, securing millions in funding to support dozens of development projects across its ecosystem. We will update information from the Nibiru ecosystem in the next articles.

How to Add Mode Network to MetaMask

MetaMask is a popular cryptocurrency wallet and decentralized application browser extension. Adding the Mode Network to MetaMask allows users to easily access and interact with various decentralized finance applications and tokens. In this article, we will guide you through the steps to seamlessly integrate the Mode Network into your MetaMask wallet, unlocking a world of possibilities in the world of decentralized finance.  Can I Add Mode Network to MetaMask? Yes, Mode Network, an Ethereum Layer 2 solution developed on the OP Stack, is capable of being smoothly incorporated with MetaMask. Its architecture, closely linked with the Ethereum foundation, guarantees complete EVM conformity, making the connection procedure easier. To connect Mode Network with your MetaMask wallet, just enter a particular RPC (Remote Procedure Call) URL assigned for Mode into the MetaMask configurations. How to Add Mode to MetaMask Integrating Mode Network into your MetaMask wallet is a simple and secure process that allows you to begin transactions promptly and securely. A crucial step is accurately setting up your RPC settings and Network ID to ensure smooth operation. To expedite the setup, it is advantageous to use ChainList, a tool that streamlines connecting to any EVM-compatible network, such as Mode, with just one click. To connect Mode Network with your MetaMask, carefully follow these specific instructions.

  1. Go to the ChainList website and link your MetaMask wallet to access ChainList features.
  2. Search for Mode Network: Use the search bar located at the top of the page and enter ‘Mode Network’.
  3. Add Network: Find the Locate Mode Network on the list and click on ‘Add to MetaMask’.
  4. Complete Setup: Follow the instructions on your MetaMask wallet to finish adding the Mode Network.
Mode Network RPC Details To ensure a smooth integration of the Mode Network with your MetaMask wallet, it is essential to input the accurate RPC parameters. It is recommended to consult the official Mode Network documentation or trusted sources like ChainList for the most up-to-date information. Below are the confirmed RPC details for the Mode Network:
  • Network Name: Mode
  • Network URL: https://mainnet.mode.network
  • Chain ID: 34443
  • Currency Symbol: ETH
  • Block Explorer URL: https://explorer.mode.network
What is Mode Network? Mode Network is a Layer 2 scaling solution for the Ethereum blockchain that aims to enhance the efficiency and scalability of Ethereum-based applications. By operating on the Ethereum network through the OP Stack, Mode Network offers several benefits such as reduced transaction fees and increased throughput. Furthermore, Mode Network leverages off-chain solutions to alleviate congestion on the Ethereum network, which in turn leads to faster transaction times and improved overall performance. This layer 2 scaling solution utilizes advanced algorithms and technology to optimize the processing of transactions and ensure a seamless user experience for decentralized applications. Mode Network also enables developers to create more complex and feature-rich applications by providing a robust infrastructure for building and deploying smart contracts. With its innovative approach to scaling Ethereum, Mode Network aims to make blockchain technology more accessible and user-friendly for a wider range of users. Overall, Mode Network is poised to revolutionize the way Ethereum applications are developed and accessed, offering a scalable and cost-effective solution for the future of decentralized finance and other blockchain-based applications.  Key Features of Mode Network:
  1. Cooperative Structure: Mode Network adopts a cooperative model that encourages collaboration and shared development among its users and developers. This cooperative structure fosters a sense of community and rewards participants for their contributions.
  2. Minimal Transaction Fees: By leveraging the OP Stack, Mode Network ensures minimal transaction fees, making it an attractive option for users seeking relief from high gas fees on the Ethereum network.
  3. Increased Throughput: Mode Network’s Layer 2 solution enables developers to scale their applications effectively, leveraging the infrastructure of the Ethereum network without being constrained by its scalability limitations.
  4. Incentive Mechanisms: Mode Network incorporates innovative incentive models, such as lifetime fee sharing and equitable reward allocations, to reward applications and users that contribute to scaling the Mode blockchain. This ensures that those who help the network thrive receive a fair share of the sequencer profits.
Conclusion To summarize, linking Mode Network to your MetaMask wallet through ChainList is a simple way to enter a more advanced blockchain setting. This Layer 2 fix, built on Ethereum’s structure, provides the ability to grow and reduce costs. By adhering to the easy instructions given, individuals can enter Mode’s inventive elements and community-focused environment, opening doors for increased decentralized app growth and engaged user involvement.

How to Add BEVM to MetaMask

MetaMask is a popular cryptocurrency wallet and browser extension that allows users to interact with decentralized applications (dApps) on the Ethereum blockchain. Adding the BEVM to MetaMask can open up a whole new world of possibilities for users, including access to a wider range of tokens and dApps. In this article, we will guide you through the process of adding BEVM to your MetaMask wallet.  Can I Add BEVM to MetaMask? Yes, integrating BEVM into MetaMask is an simple and safe procedure. BEVM boosts Bitcoin’s functionalities by presenting a Layer 2 solution that utilizes Ethereum’s EVM compatibility. This functionality enables you to effortlessly engage with BEVM’s features via MetaMask. To link BEVM to your MetaMask wallet, just enter the network details that correspond to BEVM’s official network settings. How to Add BEVM to MetaMask Integrating BEVM with MetaMask is a simple task that requires inputting the accurate RPC details and Network ID in your wallet’s configuration. To simplify the setup process, it is recommended to utilize a network aggregator such as ChainList. ChainList simplifies the task of connecting to any verified EVM-compatible chain, including main and test networks, with minimal effort. Below is a 4-step for incorporating BEVM:

  1. Visit ChainList: Navigate to the ChainList platform and connect your MetaMask Wallet.
  2. Search for BEVM: Enter ‘BEVM’ in the search bar at the top of the page.
  3. Select BEVM: Find BEVM from the list shown and click ‘Add to MetaMask’.
  4. Complete the Setup: Follow the prompts in MetaMask to finalize the setup and securely link your wallet.
BEVM RPC Details In order to successfully connect BEVM Mainnet with your MetaMask wallet, it is important to configure the appropriate RPC settings. It is advised to consult the official BEVM documentation or utilize the ChainList platform for the most precise and current information. The following are the approved configurations for BEVM Mainnet.
  • Network Name: BEVM Mainnet
  • Network URL: https://rpc-mainnet-1.bevm.io
  • Chain ID: 11501
  • Currency Symbol: BTC
  • Block Explorer URL: https://scan-mainnet.bevm.io/
What is BEVM? BEVM stands for Bitcoin EVM (Ethereum Virtual Machine). It is a decentralized Layer 2 solution that is fully compatible with the Ethereum Virtual Machine and operates on the Bitcoin blockchain. BEVM aims to expand the capabilities of the Bitcoin ecosystem by allowing decentralized applications (DApps) that run on Ethereum to also operate on Bitcoin’s Layer 2 network. BEVM operates by using a series of smart contracts that act as bridges between the Bitcoin and Ethereum networks, allowing users to interact with decentralized applications on both blockchains seamlessly. By utilizing the EVM on the Bitcoin network, BEVM enables faster transaction speeds, lower fees, and greater scalability for DApps that were previously limited by the constraints of the Ethereum network. Overall, BEVM represents an important step towards interoperability between different blockchain networks, allowing for greater flexibility and innovation in the decentralized finance (DeFi) space. As the blockchain industry continues to evolve, solutions like BEVM will play a vital role in unlocking the full potential of decentralized applications for users around the world. ‍ Conclusion To sum up, combining BEVM with your MetaMask wallet provides an efficient and safe way to utilize Bitcoin’s features through Ethereum’s EVM compatibility. Utilizing ChainList allows for easy connection to the authenticated BEVM network with just a few straightforward steps, guaranteeing a smooth and precise setup. Always double-check the network configurations using the most recent official BEVM documentation to ensure you are engaging with the correct chain.