Blockchain
Lunar (LNR): The DeFi ecosystem and reward token that aims to streamline microcap crypto investing
Microcap cryptocurrencies, that is cryptocurrencies with under a $50 million USD market cap, are one of the industries fastest growing segments, and for good reason. These crypto projects generate insane returns with relatively little investment, reaching ROIs as high as 50,000% within weeks. With that being said, actually participating in these returns is easier said than done.
Take Binance Smart Chain (BSC) for example, one of the most popular blockchains for trading microcap crypto tokens. In order to purchase tokens on BSC, investors have to navigate at least three different applications: one to purchase the native Binance Smart Chain Coin (BNB), a wallet to hold the BNB, and an exchange to swap the BNB for other Binance Smart Chain tokens. On top of that, the integrations between these applications can be buggy and difficult to enable, leaving new, and even seasoned investors frustrated and potentially unable to capitalize on the next opportunity.
The team at Lunar DeFi plans to change this with their Lunar DEX Wallet, an application that aims to revolutionize microcap cryptocurrency trading by unifying the entire process under a single, streamlined platform. Their goal is to bring a Robinhood-like user experience to microcap crypto investing, making the process far less difficult and time consuming for seasoned investors, as well as significantly reducing the barrier to entry for new investors.
The Lunar team doesn’t plan to stop here. The Lunar DEX Wallet is one component of a larger DeFi ecosystem they are building, one that rewards those who participate.
The Lunar Token (LNR):
At the core of the Lunar Ecosystem is the Lunar Token (LNR), which distributes 3% of LNR transactions and a percentage of Lunar DEX Wallet transactions to holders in passive earnings, allowing the community to benefit from the success of the ecosystem beyond the increase in value of their holdings.
In addition, 3% of LNR transactions are sent to a liquidity pool to facilitate trading and stabilize the token’s value, and 5.5% of transactions are sent to a growth wallet that is used for marketing, development, and strategic buy-backs/burns of LNR. These buy-backs/burns are employed as a counteractive measure when prices or trading volumes are low to increase the value of the token and discourage early selling.
There are also anti-whale and anti-bot mechanisms built into the smart contract. A 1% maximum trade size and a 3% maximum wallet size limit has been implemented to prevent individuals who hold a substantial portion of the total supply from being able to significantly influence the price of the token. The team plans to implement and release an anti-bot mechanism on opening day aimed at clamping down on automated trading, while allowing human investors to trade freely.
NFTs with Passive Earnings:
The Lunar Ecosystem will also include its very own NFT collection, Lunar Legion, that distributes 0.5% of LNR transactions to holders. This is the first step in their eventual goal to bring the streamlined user experience of the Lunar DEX Wallet to the world of NFT investing.
The founders have noticed that the NFT space suffers from the same fragmentation that exists within the microcap cryptocurrency vertical. Which is why they plan on building a unified, frictionless NFT trading platform that fits neatly into the greater Lunar Ecosystem.
The Lunar team is in a solid position to make these visions a reality. Their team is composed of highly talented developers, marketers, designers, and serial entrepreneurs who have successfully grown companies and shipped software in past ventures.
The project also has promising traction already. Within 48 hours of publishing their website, their private sale completely sold out. They’re seeing over a 38% conversion rate on Telegram members becoming private sale buyers, and the average contribution per buyer is 1.17 BNB ($614.81) at the time of writing this article.
The Lunar community is already becoming one of the most engaged, passionate communities in the space, and the team believes it due to the vision, relentless focus on quality, and set of core values it’s built upon. With the growth of the cryptocurrency industry showing no signs of slowing down, the Lunar team is confident that they will live up to their name and grow the project to the moon and beyond.
bybit lucky
Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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