Muhammad Jawad (@incill) • Hey
https://youtube.com/@muhammadjawadmemon4334
Publications
-
- Ask questions and be a good listener. Show genuine interest in learning about them. This builds rapport.
- Good things take time
Here are finally wav3s tokenomics, only that now its ZURF🏄🏻♂️ $ZRF 🏄🏻♂️ (which is like wav3s but bigger 👀)
Want to know more about ZURF? stay tunned 👀
Check it WAV30 holders, wav3s early supporters, friends, fans and lovers:
👉 http://bitly.ws/JYvj
- 💥💥💥💥WAV3S HEAVY UPDATE 💥💥💥💥
The day is finally here 😎
From now on Wav3s becomes ZURF 🏄🏻♂️
A new way to unlock 🌱 your social capital
A whole new concept built on social web3
Powered by DeFi 👨🏻💻 up to the limits of your imagination
Creating new possibilities for social connection and growth 🙌
We can have it now 💪💪💪
Today we not only launch this new brand but also 🏄🏻♂️$ZRF
The token that will represent the value of ZURF.social company,
Holders of WAV30 have $ZRF tokens already allocated 👀
Find all about it!!!!🏄🏻♂️🏄🏻♂️🏄🏻♂️ https://zurf.social
- Hey, check out YouMeme! That's a cool social network for sharing memes. Get 100 free YouMeme diamonds by signing up via my referral link 👇
https://youmeme.com/auth/?r=1c51fbc1-8765-4b85-a24e-abcc3ad068fd
- 🔥 Twitter Space 预告
🎙 Instant social and non-instant social
🗓 2023/06/27 10:00 UTC-7
北京时间周三凌晨一点,一起探讨 #web3 social 中的即时社交 & 异步社交🧐
🔗 Space link:
https://twitter.com/i/spaces/1dRJZMNZyaoGB
🎁 前1000 位转发可获得 0.1 $WMATIC (需关注)
Mirror to earn(0.1 $WMATIC for first 1000, powered by wav3s)
- Guys, I need your help! I'm on a trip and looking to get a gift for my sweetheart, but I'm truly at a loss this time.
In the past, I've gotten her an iPad, an iPhone, a gold necklace, Dior perfume, Huda Beauty eyeshadows, and a Citizen wristwatch.
I'm listing these previous gifts not to boast, but to give you an idea and to avoid repetition. Do you have any insightful suggestions?
- "Emerald Forest"
Third piece from my generative watercolor art series, "Mythical Horizons".
Limited to 5 collects.
- Top 10 projects with upcoming token launch by raised funds.
Let’s hunt airdrop! I will focus on #ConsenSys & #LayerZero. How’s about you?
#lens #airdrop #ConsenSys #zkSync #Sui #Aleo #Starknet #LayerZero #Safe #Scroll #Fuel #EigenLayer
- 今天是中国的端午节,祝大家端午安康
Today is the Chinese Dragon Boat Festival. I wish you all good health
- Tomorrow,✨
The wait is almost over
The sun is raising in the horizon
The earth is trembling
The skies are open
Tomorrow, web3 social changes, expect the unexpected 🏄♀️🏄♂️
It's time to grow.
- Mural of cats and birds by Alegria del Prado at Rúa Costureiras, 19 in Carballo, Spain for Rexenera Fest. Curated by Mutantecreativo.
#streetart #art #lensprotocol
- Amazing 3D mural by Shozy
Part of 106 Of The Most Beloved Street Art Photos – Year 2022.
Welcome to the World of Art : )
- My first article on http://mirror.xyz, the web3 medium 🔥
WAV3's first 100,000 transactions: The Rise of Decentralized Ads
What does the future of marketing on social media look like?
https://mirror.xyz/0xC2628eDdDB676c4cAF68aAD55d2191F6c9668624/plmx_6nSZYAbXRZB90qTWU3UqIi2J-G0MZJxyWo_0Tc
- Life is a constant evolution; welcoming changes is part of being human ❤️
And there's no barrier that can stop wav3s of innovative spirit 🌊
- DeFi Term Of The Day
Concentrated Liquidity
Concentrated liquidity is a feature introduced in Uniswap V3 that allows liquidity providers (LPs) to provide liquidity in a specific price range.
- DeFi Term Of The Day
Shanghai upgrade
The Shanghai fork will implement EIP-4895, which allows validators and stakers to withdraw their staked ETH from the beacon chain.
- DeFi Term Of The Day
Interoperability
Interoperability refers to the ability of a blockchain to communicate with other blockchains.
- Bitcoin Price Skyrockets to $138K on Binance US Amidst Exchange Turmoil
Bitcoin, the leading cryptocurrency, experienced a remarkable surge in price, reaching a staggering $138,000 on the Binance US exchange. This sudden and drastic increase, representing a 450% spike, caught the attention of traders and investors alike. However, it is crucial to note that this extraordinary event was not reflective of the general market conditions, as Bitcoin was trading around the $30,000 mark on other major exchanges.
The surge on Binance US can be attributed to the exchange's ongoing turmoil and a significant reduction in market depth, which has declined by approximately 80% in recent times. This decline in liquidity played a pivotal role in the occurrence of the price wick, specifically in the BTC-USDT trading pair.
At the time of the surge, the trading volume for the BTC-USDT market pair was around $400,000, indicating a considerable lack of liquidity. Currently, the volume has increased to nearly $12 million, but it still remains relatively illiquid compared to the trading activity on other pairs. For instance, the BTC-USDT market pair on Binance alone has seen a trading volume close to $3 billion in the past 24 hours.
It is important to highlight that this anomalous price movement was unlikely caused by a trader willingly paying such a substantial premium for Bitcoin, as its actual market value was around $29,000 during that time. Rather, the price surge was a consequence of the low liquidity in the Bitcoin-Tether trading pair on Binance US. Market depth data reveals that a $400,000 Bitcoin purchase on this specific pair can lead to a 2% increase in prices, whereas a significantly larger amount, approximately $842,000, would be required to generate the same impact on a Bitcoin-USD trading pair.
The decline in market depth, as reported by Kaiko earlier this month, demonstrates a concerning 76% decrease compared to May. This decline suggests that market makers and traders have been withdrawing from the Binance US exchange, possibly due to regulatory concerns or other factors impacting confidence in the platform.
While the surge to $138,000 on Binance US was a momentary anomaly, it highlights the importance of understanding the nuances of liquidity and market dynamics within the cryptocurrency ecosystem. Traders and investors must exercise caution and consider multiple factors when interpreting price movements, ensuring they make informed decisions in a highly volatile market.
Sources:
https://www.coindesk.com/markets/2023/06/21/bitcoin-price-spikes-to-138k-on-binanceus/
https://cryptopotato.com/bitcoin-price-touched-138k-on-binance-us-heres-why/
https://twitter.com/WatcherGuru/status/1671332729651175424
https://www.tradingview.com/chart/?symbol=BINANCEUS%3ABTCUSDT
Disclaimer: The information presented in this post is based on the sources mentioned and is not financial advice.
- Bitcoin Price Skyrockets to $138K on Binance US Amidst Exchange Turmoil
Bitcoin, the leading cryptocurrency, experienced a remarkable surge in price, reaching a staggering $138,000 on the Binance US exchange. This sudden and drastic increase, representing a 450% spike, caught the attention of traders and investors alike. However, it is crucial to note that this extraordinary event was not reflective of the general market conditions, as Bitcoin was trading around the $30,000 mark on other major exchanges.
The surge on Binance US can be attributed to the exchange's ongoing turmoil and a significant reduction in market depth, which has declined by approximately 80% in recent times. This decline in liquidity played a pivotal role in the occurrence of the price wick, specifically in the BTC-USDT trading pair.
At the time of the surge, the trading volume for the BTC-USDT market pair was around $400,000, indicating a considerable lack of liquidity. Currently, the volume has increased to nearly $12 million, but it still remains relatively illiquid compared to the trading activity on other pairs. For instance, the BTC-USDT market pair on Binance alone has seen a trading volume close to $3 billion in the past 24 hours.
It is important to highlight that this anomalous price movement was unlikely caused by a trader willingly paying such a substantial premium for Bitcoin, as its actual market value was around $29,000 during that time. Rather, the price surge was a consequence of the low liquidity in the Bitcoin-Tether trading pair on Binance US. Market depth data reveals that a $400,000 Bitcoin purchase on this specific pair can lead to a 2% increase in prices, whereas a significantly larger amount, approximately $842,000, would be required to generate the same impact on a Bitcoin-USD trading pair.
The decline in market depth, as reported by Kaiko earlier this month, demonstrates a concerning 76% decrease compared to May. This decline suggests that market makers and traders have been withdrawing from the Binance US exchange, possibly due to regulatory concerns or other factors impacting confidence in the platform.
While the surge to $138,000 on Binance US was a momentary anomaly, it highlights the importance of understanding the nuances of liquidity and market dynamics within the cryptocurrency ecosystem. Traders and investors must exercise caution and consider multiple factors when interpreting price movements, ensuring they make informed decisions in a highly volatile market.
Sources:
https://www.coindesk.com/markets/2023/06/21/bitcoin-price-spikes-to-138k-on-binanceus/
https://cryptopotato.com/bitcoin-price-touched-138k-on-binance-us-heres-why/
https://twitter.com/WatcherGuru/status/1671332729651175424
https://www.tradingview.com/chart/?symbol=BINANCEUS%3ABTCUSDT
Disclaimer: The information presented in this post is based on the sources mentioned and is not financial advice.
- Gm lens fam
free collect
- Gm lens fam
free collect
- My pleasure, @Phaver.lens 💜😊
#frens
- A tribute to my Olivia, partner of my life ♥️🔥
Street Art 🌿
- Community call #18 was probably one of our biggest one yet in terms of content 🔥
Please tell us you didn’t miss it! Well, bad for you, there were some alphas there 😜
But don’t worry, as usual, here comes the recaaaaap!🧵
[ https://mirror.xyz/talentprotocol.eth/pZNsnSR-1PqR2LUe6trHYEvlyI7acBjBVbaf-bZluks ]
- 1 wav3 a day keeps the bear away 😎👌
REMEMBER to join the mem3s contest with MEMESTER on
https://memester.xyz/competition/87
Anything is fair game, GOGOGO!! OPEN TILL 25th!
- be my 2000th frens!
love lens too much
- be my 2000th frens!
love lens too much
- Guys
@BIDSHOP_io
NFT Marketplace planned airdrop to their platform users. you can start to use and earn airdrop points 👀 (Like BLur)
they'll launch their token soon.
get yours by use this link :
https://app.bidshop.io/?qwest=vankls
- Guys
@BIDSHOP_io
NFT Marketplace planned airdrop to their platform users. you can start to use and earn airdrop points 👀 (Like BLur)
they'll launch their token soon.
get yours by use this link :
https://app.bidshop.io/?qwest=vankls
- •⩊• Long time no see •⩊•
∿⋆。˚˙ᵕ˙⋆。˚♡∿ Do you want to mirror this post?
∿⋆。˚˙ᵕ˙⋆。˚♡∿ Here is a gift for you... take my energy
- It is very simple to be happy, but it is very difficult to be simple.
💯Follow 💯 Back 💯
💯Follow 💯 Back 💯
💯Follow 💯 Back 💯
- Do you use AI to help you in your work now?
- Stably's BRC-20 Stablecoin Raises Questions Amidst Discrepancies and Slow Start
Stably, a U.S.-based fiat onramp for crypto trading, has introduced Stably USD, which is being touted as the first BRC-20 stablecoin on the Bitcoin network. BRC-20 tokens, similar to NFTs, allow for non-financial data to be added to the Bitcoin blockchain without the need for sidechains or additional tokens. Stably claims that its subsidiary, Stably Trading LLC, is a registered money transmitter, but there are discrepancies in their registration information. The stablecoin has a total supply of $69.420 trillion, with monthly attestations conducted by a third-party firm to ensure collateralization. Stably USD has a market capitalization of $7 million across 11 different blockchains.
While Stably claims to be the first USD stablecoin on Bitcoin, USDT was launched on the OMNI sidechain in 2014. It remains to be seen whether the BRC-20 stablecoin using the Ordinals protocol will gain traction or fade away. Investors are advised to conduct their own research.
- submusic.io is web3 Music Social media for Increased revenue for artists By using @LensProtocol Technology
Join waitlist now : submusic.io
🌿🎵
- have you seen Cherenkov effect? come visit to https://irlkartini.brin.go.id/ and start your journey to study about nuclear and reactor
- Tether Ventures into Payment Processing with CityPay.io Investment, Expanding USDT's Reach in Georgia
Tether, the issuer of the popular USDT stablecoin, has made a strategic investment in payment processor firm CityPay.io, according to a recent press release. The exact amount of the investment remains undisclosed. CityPay.io has integrated USDT as a payment option for its users in over 600 locations, including restaurants, shops, and hotels in Georgia. This move follows CityPay.io's previous integration with Binance Pay, the payment arm of the largest cryptocurrency exchange, allowing users to make purchases with cryptocurrencies.
Tether's investment in CityPay.io aligns with its broader plan to allocate excess profits towards ventures in bitcoin, infrastructure, payments, and communication projects. In the first quarter of this year, Tether reported nearly null.5 billion in net profit. In addition to the investment in CityPay.io, Tether has also recently announced its investment in sustainable energy production and bitcoin mining in Uruguay.
Stablecoins like USDT play a crucial role in the crypto ecosystem by bridging traditional currencies and facilitating trading. These coins are increasingly being used for payments and remittances, particularly in developing countries. For example, the Bitcoin-based payments app Strike has integrated USDT to support its global expansion to 65 countries. Furthermore, Circle, a rival stablecoin issuer, has partnered with Block's subsidiary TBD to offer remittance payments using its own stablecoin, USDC.
According to Paolo Ardoino, Tether's chief technology officer, USDT is seeing increased usage for value transfers, accounting for approximately 40% of all token usage compared to 60% for crypto trading. This highlights the growing importance of stablecoins in facilitating financial transactions within the crypto space.
Ref: https://www.coindesk.com/business/2023/05/31/usdt-issuer-tether-ventures-into-payment-processing-with-georgia-investment/
- Ark Invest Seizes Opportunity, Buys Coinbase Stock Amidst SEC Lawsuit Turmoil
Cathie Wood's Ark Invest, known for its strategic investment decisions, has capitalized on the recent price dip of Coinbase stock caused by a Securities and Exchange Commission (SEC) lawsuit. The legal action resulted in a nearly 20% drop in Coinbase's stock price, prompting Ark Invest to purchase 419,324 shares worth over $20 million. This move follows Ark Invest's previous sales of Coinbase shares, which incurred substantial losses during the SEC's initial probe into the exchange. Despite ongoing legal challenges, Wood's firm remains optimistic about Coinbase's future and its potential to bounce back.
Indonesian:
Ark Invest Melihat Kesempatan, Membeli Saham Coinbase di Tengah Gejolak Gugatan SEC
Ark Invest milik Cathie Wood, yang dikenal karena keputusan investasinya yang strategis, telah memanfaatkan penurunan harga saham Coinbase akibat gugatan yang diajukan oleh Securities and Exchange Commission (SEC). Tindakan hukum ini mengakibatkan penurunan hampir 20% pada harga saham Coinbase, yang mendorong Ark Invest untuk membeli 419.324 saham senilai lebih dari $20 juta. Langkah ini dilakukan setelah Ark Invest sebelumnya menjual saham-saham Coinbase, yang mengalami kerugian yang signifikan selama penyelidikan awal SEC terhadap bursa tersebut. Meskipun menghadapi tantangan hukum yang sedang berlangsung, perusahaan milik Wood tetap optimis mengenai masa depan Coinbase dan potensi pemulihannya.
- Lens Protocol Closes $15 Million Funding Round
Building decentralized social layer
- We reached 100 editions sold and are still in the first place of this week's top on @lensport !
There are still approximately 2 days left to close the primary market, so you can still collect "Solar Initation" here: https://lensport.io/p/63152_2160
Now to make it more interesting the first 30 who mirror this post and have previously collected the piece (Solar Initiation) will receive 0.1 matic
LFGROW!
- Binance, Binance.US, and Coinbase Witness Combined $4B in Outflows Amidst SEC Lawsuits
The US Securities and Exchange Commission (SEC) has filed lawsuits against major cryptocurrency exchanges Binance, Binance.US, and Coinbase, alleging violations of securities laws. This development has caused concern among investors, particularly due to the SEC's claim that certain crypto assets listed on these platforms are securities rather than digital assets. Consequently, tokens such as Binance's BNB, Polygon's MATIC, and Cardano's ADA have experienced significant price drops.
During the four-day period from Monday to Thursday, blockchain analytics firms Nansen and Glassnode reported substantial outflows totaling $3.1 billion via the Ethereum network and $864 million in bitcoin (BTC). Notably, Binance, the world's largest cryptocurrency exchange by trading volume, accounted for a significant portion of the outflows, with $2 billion exiting the platform through the Ethereum blockchain. Additionally, Glassnode data indicated that BTC withdrawals exceeded deposits by around 31,868 BTC ($838 million).
Despite these regulatory challenges, the exchanges promptly processed the withdrawals without any reported delays. However, the outflows observed this week represent only approximately 5% of the total assets held on Binance, as per the exchange's crypto wallets.
Binance.US, which is not tracked by Glassnode, experienced net outflows of $75 million via the Ethereum network. The SEC has taken aggressive action against Binance.US, seeking to freeze all its assets.
Coinbase, on the other hand, witnessed a net outflow of null billion through the Ethereum network, according to Nansen data. Glassnode data revealed $25 million worth of Bitcoin outflows from Coinbase.
While these outflows are substantial, it is worth noting that the exchanges have managed to process withdrawals smoothly thus far. However, the ongoing SEC lawsuits have undoubtedly contributed to the unease among investors and have impacted the market value of certain tokens.
In conclusion, Binance, Binance.US, and Coinbase collectively faced significant outflows totaling $4 billion in just four days. These outflows, mainly occurring through the Ethereum network, have coincided with the SEC's legal actions, leading to price declines for specific tokens. The situation remains dynamic, and investors are closely monitoring the regulatory landscape in the cryptocurrency industry.
- Mural of a Falcon by Alegria del Prado in Rabat, Morocco for Rabat Street Art Festival. Photos by Ahmed Ismaili.
#art #streetart #lensprotocol
- Testing wav3s out!
- Do we have any lens-fluencers in this space yet?
If so, who should i follow?
- **Top 3 Altcoins with AA Rating Based on Tokeninsight**
+Follow to get the reward
1. Uniswap (UNI)
Uniswap (UNI) is the governance token of the decentralized exchange platform, Uniswap Protocol. It empowers the community to actively participate in the platform's growth and development, ensuring long-term sustainability. By introducing the UNI token, Uniswap establishes a robust governance system and enables shared community ownership. UNI holders have the responsibility of making governance decisions while adhering to legal and regulatory requirements. To facilitate this process, a fee switch contract allows UNI holders to vote on tokens that generate fees. It is advisable for the community to seek guidance from legal and regulatory professionals before implementing specific proposals.
As a UNI token holder, you gain immediate ownership of various elements, including Uniswap governance, the UNI community treasury, the protocol fee switch, the uniswap.eth ENS name, Uniswap Default List (tokens.uniswap.eth), and SOCKS liquidity tokens.
2. Chainlink (LINK)
Chainlink (LINK) serves as both a payment token and a work token. It compensates Chainlink node operators for their oracle services and can be staked as collateral by node operators to offer oracle services. The decision to stake LINK is determined by smart contract creators who require oracle services. In cases where node operators fail to provide satisfactory services, their staked LINK may be deducted. The level of staking depends on the willingness of contract creators to use nodes without collateral.
The community pool staking for LINK is currently at maximum capacity.
3. AAVE
AAVE and LEND are closely related within the Aave protocol. LEND serves as the original governance token for Aave, enabling token holders to propose, vote, and make decisions regarding new additions, features, assets, and protocol parameters. Additionally, LEND tokens are destroyed or "burnt" based on the fees collected by the protocol.
In 2017, the Aave firm, initially known as ETHLend, conducted an initial coin offering (ICO) and raised $16.2 million. During the ICO, they sold 1 billion units of their cryptocurrency, originally named LEND but later rebranded as AAVE. As part of the rebranding process, LEND tokens were converted to AAVE tokens at a conversion rate of 100 LEND tokens for 1 AAVE token.
Source:
https://tokeninsight.com/en/coins/uniswap/rating
https://tokeninsight.com/en/coins/chainlink/rating
https://tokeninsight.com/en/coins/aave/rating
**Disclaimer:** The information provided above is for informational purposes only and should not be construed as financial advice. Investing in altcoins or any other cryptocurrencies involves risk, and individuals should conduct thorough research and consult with a qualified financial advisor before making any investment decisions. The rating mentioned is based on Tokeninsight but should not be considered as a sole factor for investment choices. The market for altcoins is highly volatile, and prices can fluctuate significantly. Therefore, it is crucial to exercise caution and make investment decisions based on personal judgment and risk tolerance.
- **Top 3 Altcoins with AA Rating Based on Tokeninsight**
+Follow to get the reward
1. Uniswap (UNI)
Uniswap (UNI) is the governance token of the decentralized exchange platform, Uniswap Protocol. It empowers the community to actively participate in the platform's growth and development, ensuring long-term sustainability. By introducing the UNI token, Uniswap establishes a robust governance system and enables shared community ownership. UNI holders have the responsibility of making governance decisions while adhering to legal and regulatory requirements. To facilitate this process, a fee switch contract allows UNI holders to vote on tokens that generate fees. It is advisable for the community to seek guidance from legal and regulatory professionals before implementing specific proposals.
As a UNI token holder, you gain immediate ownership of various elements, including Uniswap governance, the UNI community treasury, the protocol fee switch, the uniswap.eth ENS name, Uniswap Default List (tokens.uniswap.eth), and SOCKS liquidity tokens.
2. Chainlink (LINK)
Chainlink (LINK) serves as both a payment token and a work token. It compensates Chainlink node operators for their oracle services and can be staked as collateral by node operators to offer oracle services. The decision to stake LINK is determined by smart contract creators who require oracle services. In cases where node operators fail to provide satisfactory services, their staked LINK may be deducted. The level of staking depends on the willingness of contract creators to use nodes without collateral.
The community pool staking for LINK is currently at maximum capacity.
3. AAVE
AAVE and LEND are closely related within the Aave protocol. LEND serves as the original governance token for Aave, enabling token holders to propose, vote, and make decisions regarding new additions, features, assets, and protocol parameters. Additionally, LEND tokens are destroyed or "burnt" based on the fees collected by the protocol.
In 2017, the Aave firm, initially known as ETHLend, conducted an initial coin offering (ICO) and raised $16.2 million. During the ICO, they sold 1 billion units of their cryptocurrency, originally named LEND but later rebranded as AAVE. As part of the rebranding process, LEND tokens were converted to AAVE tokens at a conversion rate of 100 LEND tokens for 1 AAVE token.
Source:
https://tokeninsight.com/en/coins/uniswap/rating
https://tokeninsight.com/en/coins/chainlink/rating
https://tokeninsight.com/en/coins/aave/rating
**Disclaimer:** The information provided above is for informational purposes only and should not be construed as financial advice. Investing in altcoins or any other cryptocurrencies involves risk, and individuals should conduct thorough research and consult with a qualified financial advisor before making any investment decisions. The rating mentioned is based on Tokeninsight but should not be considered as a sole factor for investment choices. The market for altcoins is highly volatile, and prices can fluctuate significantly. Therefore, it is crucial to exercise caution and make investment decisions based on personal judgment and risk tolerance.
- **Top 3 Altcoins with AA Rating Based on Tokeninsight**
+Follow to get the reward
1. Uniswap (UNI)
Uniswap (UNI) is the governance token of the decentralized exchange platform, Uniswap Protocol. It empowers the community to actively participate in the platform's growth and development, ensuring long-term sustainability. By introducing the UNI token, Uniswap establishes a robust governance system and enables shared community ownership. UNI holders have the responsibility of making governance decisions while adhering to legal and regulatory requirements. To facilitate this process, a fee switch contract allows UNI holders to vote on tokens that generate fees. It is advisable for the community to seek guidance from legal and regulatory professionals before implementing specific proposals.
As a UNI token holder, you gain immediate ownership of various elements, including Uniswap governance, the UNI community treasury, the protocol fee switch, the uniswap.eth ENS name, Uniswap Default List (tokens.uniswap.eth), and SOCKS liquidity tokens.
2. Chainlink (LINK)
Chainlink (LINK) serves as both a payment token and a work token. It compensates Chainlink node operators for their oracle services and can be staked as collateral by node operators to offer oracle services. The decision to stake LINK is determined by smart contract creators who require oracle services. In cases where node operators fail to provide satisfactory services, their staked LINK may be deducted. The level of staking depends on the willingness of contract creators to use nodes without collateral.
The community pool staking for LINK is currently at maximum capacity.
3. AAVE
AAVE and LEND are closely related within the Aave protocol. LEND serves as the original governance token for Aave, enabling token holders to propose, vote, and make decisions regarding new additions, features, assets, and protocol parameters. Additionally, LEND tokens are destroyed or "burnt" based on the fees collected by the protocol.
In 2017, the Aave firm, initially known as ETHLend, conducted an initial coin offering (ICO) and raised $16.2 million. During the ICO, they sold 1 billion units of their cryptocurrency, originally named LEND but later rebranded as AAVE. As part of the rebranding process, LEND tokens were converted to AAVE tokens at a conversion rate of 100 LEND tokens for 1 AAVE token.
Source:
https://tokeninsight.com/en/coins/uniswap/rating
https://tokeninsight.com/en/coins/chainlink/rating
https://tokeninsight.com/en/coins/aave/rating
**Disclaimer:** The information provided above is for informational purposes only and should not be construed as financial advice. Investing in altcoins or any other cryptocurrencies involves risk, and individuals should conduct thorough research and consult with a qualified financial advisor before making any investment decisions. The rating mentioned is based on Tokeninsight but should not be considered as a sole factor for investment choices. The market for altcoins is highly volatile, and prices can fluctuate significantly. Therefore, it is crucial to exercise caution and make investment decisions based on personal judgment and risk tolerance.
- ⭐️What’s new this week? 🔙
Join us on last week recap 🧵
————————————-
🗳️ Vote for our next S4 Priorities. We build this together! [ https://lenster.xyz/posts/0xe5bf-0xa4 ]
💵 @gooddollarorg integration [ https://twitter.com/talentprotocol/status/1669739553396084736?s=61&t=pWqrvC0Vztx_5o6OsJUF-g ]
☎️ We had our Community Call #18. Check the recap! [ https://twitter.com/talentprotocol/status/1669803253926707200?s=61&t=pWqrvC0Vztx_5o6OsJUF-g ]
👷🏼♂️ #BuildersWeek recap is up. Discover all about the event [ https://twitter.com/talentprotocol/status/1668673617037590528?s=61&t=pWqrvC0Vztx_5o6OsJUF-g ]
👨🏼💻 We are hiring! Are you a Full Stack Developer? Come and Join Talent Protocol [ https://twitter.com/talentprotocol/status/1668570648233254915?s=61&t=pWqrvC0Vztx_5o6OsJUF-g ]
🇳🇬 Talent Fair '23 sponsored by Talent Protocol [ https://twitter.com/sulemanhezekiah/status/1669450847275692034?s=61&t=pWqrvC0Vztx_5o6OsJUF-g ]
- GMMmmmmmmmmmm 🌊 Wav3s at MEMESTER house launching a meme contest that will last until 25th! 🥳
Join: https://memester.xyz/competition/87 !!!
The winner will be chosen by our distinguished judges 🫡 , who will base their decision on their mood on the 25th
The topic is: WAV3S 🌊ofc.
Prizes:
1st: 10 USDT
2nd: 5 USDT
3rd: 2 USDT
Join here https://memester.xyz/competition/87 !!!
LFG!!!!!
- Introduciendo a mi amigo Dixon a web3 y Lens