Why does the official BNB Chain Twitter focus on promoting MEKE?

Why does the official BNB Chain Twitter prioritize MEKE promotion?

In August, the L2 track was bustling, and the star L2 network BASE was particularly popular. First, BALD became popular overnight, and then friend.tech continued to dominate the screen. In comparison, another star L2 network opBNB appeared much more low-key, but there are still many popular projects worth exploring on the chain, such as MEKE, which is also highlighted by the BNB Chain Twitter.

MEKE is the first on-chain decentralized derivative trading platform deployed on opBNB, which can be used to trade perpetual contracts of various mainstream cryptocurrencies such as BTC and ETH. In the future, it also plans to trade futures of physical assets such as gold, oil, and US Treasury bonds.

opBNB is an L2 scaling solution built by Binance Smart Chain (BSC) based on the OP Stack. It opened its mainnet to infrastructure providers on August 16th, with a total of 2.74 million transactions on the same day. As of August 17th, the total number of transactions reached 17.5 million. According to a report released by Nansen, during the testnet phase, opBNB had already accumulated 435,000 unique wallet addresses, with a daily transaction volume of 100-150,000 transactions. It can be seen that opBNB has many developers, project parties, and active users on-chain, so why has MEKE become a popular project worth exploring?

Technology, trading experience, trading ecosystem, and incentives are necessary conditions for MEKE to achieve long-term sustainable development, and they are all interconnected. MEKE has become a popular project worth paying attention to and exploring on-chain due to these four elements.

 

(1) Technology

MEKE is deployed on the opBNB chain, which can process over 4,000 transfer transactions per second and keep the platform’s transaction cost below 0.005U, providing users with high transaction efficiency and low transaction fees. Moreover, opBNB allows developers to independently build on-chain L3 and connect to the opBNB network to share security and resources.

Blockchain technology is developing rapidly, and maintaining adaptability is the key to continuous growth. With the robust and flexible framework of opBNB, MEKE can easily adapt to changes, add new features, and try innovative ideas, giving MEKE more feasibility.

(2) Trading Ecosystem

In terms of the ecosystem, as an on-chain decentralized derivative trading platform, MEKE not only focuses on mainstream cryptocurrencies such as BTC and ETH but also plans to trade futures of physical assets such as gold, oil, and US Treasury bonds. It will introduce physical assets such as gold, oil, and US Treasury bonds on-chain in the form of RWA, and build a brand new derivative system around these RWA assets.

In addition to RWA, MEKE will also consider integrating DeFi financial products such as lending, deposits, and trading into its trading scope in the future. It will also flexibly introduce various types of derivatives based on market demand and technological development, providing users with more diverse and rich trading options.

(3) Incentives

The incentive mechanism plays a crucial role in the development of MEKE. Although the number of MEKE tokens issued is limited, the unique issuance mechanism of MEKE tokens provides various functional roles for the entire platform, including user incentives, funding pool, community activities, DAO governance, and more. By incentivizing users to actively participate in the MEKE community and platform transactions, it can increase user stickiness and loyalty, attracting more users to join MEKE.

Seize the Opportunity

MEKE not only has its own unique advantages, but it has also been widely reported by major international media outlets and heavily promoted by the official Twitter account of BNB Chain. This demonstrates that MEKE has extraordinary charm and prospects!

The mid-term testing rewards for MEKE are coming to an end. Participating in the MEKE testing may bring benefits comparable to early participation in dYdX, Optimism, and Arbtirum. Additionally, participating in sharing MEKE will bring greater rewards. For more information, please long-press and copy to follow the official MEKE community;

Official Website:

https://meke.fun

Telegram:

https://t.me/MEKE_Club

Discord:

https://discord.gg/meke

Twitter:

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

FTX on the Brink of Bankruptcy: Decisions Await!

Fashionista, get the scoop on FTX's post-bankruptcy plans as they weigh options for a potential sale or partnership.

Blockchain

Witness history! Bitcoin plunges sentient beings: mining circle under pressure, exchange shuffled

Author: Liu four red Source: BBT Fintech Circle Editor's Note: This article has been deleted without altering th...

Blockchain

Guide to secure deposits: How to better hide the Bitcoin in your hands?

In an era of constant economic uncertainty, surveillance, professional cybercrime, and hacking, knowing how to more s...

Blockchain

Intercontinental Exchange CEO: The bear market will boost the implementation of the Bakkt Bitcoin futures program

According to Coindesk's May 3 report, an executive at Bakkt's parent company on the Bitcoin Futures Exchang...

Blockchain

Blockchain investment: which "platform coin" has more investment value?

In the last lecture, I analyzed the "privacy currency" field in the blockchain industry. In this lecture, I...

Blockchain

FTX Bankruptcy Estate Bets Big $150 Million SOL and ETH on the Line as Sam Bankman-Fried's Trial Unfolds

It seems that addresses associated with the insolvent cryptocurrency exchange, which is currently being managed by a ...