{"id":282963,"date":"2024-04-14T09:19:13","date_gmt":"2024-04-14T03:49:13","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=282963"},"modified":"2024-04-14T09:19:13","modified_gmt":"2024-04-14T03:49:13","slug":"binance-launchpool-rolls-out-staking-and-trading-support-for-new-layer-1-blockchain-project-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/binance-launchpool-rolls-out-staking-and-trading-support-for-new-layer-1-blockchain-project-crypto-news\/","title":{"rendered":"Binance Launchpool Rolls Out Staking and Trading Support for New Layer-1 Blockchain Project &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Top global crypto exchange Binance is planning on launching trading support for another new layer-1 altcoin project via its Launchpool platform.<\/p>\n<p>Binance Launchpool, which lets users stake coins to farm new assets, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/introducing-omni-network-omni-on-binance-launchpool-farm-omni-by-staking-bnb-and-fdusd-3954d04933da443ab539ca38616013de\">says<\/a> its 52nd project will be Omni Network (OMNI), a network that aims to integrate Ethereum\u2019s (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/ethereum\/\">ETH<\/a>) rollup ecosystem into a single, unified network.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/docs.omni.network\/\">Explains<\/a> the project,<\/p>\n<p><em>\u201cOmni is an Ethereum-native interoperability protocol that establishes low-latency communications between all Ethereum rollups. Omni offers a secure, performant, and globally compatible architecture that presents Ethereum as a single, unified operating system to both users and developers.\u201d <\/em><\/p>\n<p>Between April 13th and 17th, Binance users can stake <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bnb\/\">BNB<\/a>, the crypto exchange platform\u2019s native asset, as well as the stablecoin First Digital USD (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/first-digital-usd\/\">FDUSD<\/a>) into separate pools to farm OMNI tokens.<\/p>\n<p>The exchange then plans to list the asset on April 17th. Binance will attach a seed tag to OMNI, which the exchange applies to lower-liquidity projects that may exhibit higher volatility compared to other listed tokens.<\/p>\n<p>Binance requires users who own assets with seed tags to pass quizzes every 90 days to ensure they\u2019re aware of the risks before trading the tokens.<\/p>\n<p>Last week, Binance Launchpool <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/2024\/04\/05\/binance-launchpool-rolls-out-support-for-new-layer-1-crypto-project-focused-on-developers\/\">kicked off<\/a> support for Saga (SAGA), a layer-1 project that aims to enable developers to launch interoperable, application-specific chains called \u201cChainlets.\u201d<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><em><span style=\"font-size: 10pt\">Generated Image: Midjourney<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Top global crypto exchange Binance is planning on launching trading support for another new layer-1 altcoin project via its Launchpool platform. Binance Launchpool, which lets users stake coins to farm new assets, says its 52nd project will be Omni Network (OMNI), a network that aims to integrate Ethereum\u2019s (ETH) rollup ecosystem into a single, unified [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":282964,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-282963","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/282963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=282963"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/282963\/revisions"}],"predecessor-version":[{"id":282966,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/282963\/revisions\/282966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/282964"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=282963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=282963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=282963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}