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Binance Set to List ARB on March 23: Everything You Need to Know
March 22, 2023
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Binance, Poloniex, Huobi, and MEXC are set to list Arbitrum ($ARB) for trading on March 23. Further, $ARB will also be added as a new borrowable asset on Binance's Isolated Margin on March 25.
Mark Your Calendars: March 23
Binance announced it would list Arbitrum ($ARB) and open trading for ARB/BTC and ARB/USDT on March 23 at 17:00 UTC.
As reported, ARB will be available for trade once the official token claiming happens at the Ethereum block height of 16,890,400, estimated to occur on the same day at 12:30 UTC. Further, ARB withdrawals are tentatively scheduled to open at 17:00 UTC.
Binance will also add ARB as a new borrowable asset on an Isolated Margin on March 25 at 17:00 UTC.
In addition to Binance, other prominent crypto exchanges also announced to list $ARB. Poloniex has announced listing Arbitrum ($ARB) on the day of its airdrop. Deposits for ARB will be accepted 12:00 UTC on March 23, 2023, and ARB/USDT trading will begin on the same day, although the exact time is yet to be announced.
In addition, the token will also be listed on Huobi and MEXC on March 23. On Huobi, Arbitrum tokens will also be able to be traded against USDD, an algorithmic stablecoin from TRON DAO, in addition to USDT.
Additionally, BitMEX announced a futures ARB token on Sunday. Currently, the token is trading at $1.343, up 3.3% in 24 hours.
The most popular L2 network Arbitrum announced last week that it’s launching its ARB token on March 23 and airdropping over 11% of the supply to Arbitrum’s users.
Arbitrum’s Much-Awaited Airdrop
It is expected that the Arbitrum token airdrop will significantly impact the crypto community this year. With $1.75 billion in TVL, Arbitrum ranks fourth among all chains, according to DefiLlama. Furthermore, the TVL on Arbiturm has grown from $1.54 billion at the start of the year to $2.85 billion - an 85% increase. As for volume on decentralized exchanges in the last 24 hours, Arbitrum is second only to Ethereum (ETH), with $924.82 million.
There are less than three days left until ARB's airdrop, and crypto users speculate about its value. Some predict that $ARB will be valued at $15 after Binance and other exchanges list the coin, which would make $ARB one of the most valuable cryptocurrencies.
What is Arbitrum:
Arbitrum is an Ethereum layer-2 network that enables developers to build and deploy highly scalable smart contracts at low cost. You can use Arbitrum chains to do everything you do on Ethereum — use Web3 apps, deploy smart contracts, etc., but your transactions will be cheaper and faster. The flagship product for the team, Arbitrum Rollup, is an Optimistic roll-up protocol that inherits Ethereum-level security.
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Chainlink Launches Staking v0.2 With Exclusive Migration Window for Early Adopters
November 29, 2023
Accoriding to the Chainlink team, the upgrade, known as Chainlink Staking V0.2, brings a range of enhanced features and opportunities for community members and node operators.
Chainlink Unveils Staking V2
Chainlink has introduced the latest upgrade to its native staking protocol with the launch of Chainlink Staking v0.2.
As per a press release, existing v0.2 stakers can migrate their staked LINK and accrued rewards starting Nov. 28 until Dec. 6. This nine-day Priority Migration phase reportedly guarantees a seamless transition for early participants.
As of December 7 at 12PM ET, LINK token holders meeting predefined eligibility criteria gain exclusive access to staking during a four-day period before General Access. From December 11 at 12PM ET, the opportunity extends to all, provided the pool limit has not been reached.
Community Stakers can engage with a minimum stake of 1 LINK and a maximum of 15,000 LINK during both Early and General Access, though entry is not guaranteed due to the capped pool size. Node Operator Stakers, on the other hand, can stake between 1,000 LINK and a maximum of 75,000 LINK.
The capped 45,000,000 LINK pool at the launch of Staking v0.2 includes an allotment of 40,875,000 LINK for community members. The remaining allocation caters to Chainlink node operators currently serving Chainlink Data Feeds.
According to Chainlink's recent statement, the introduction of Staking v0.2 is in line with Chainlink Economics 2.0, emphasizing the cryptoeconomic security of the Chainlink Network and bringing new improvements and features.
Last December, Chainlink launched staking v0.1. In the first phase of Chainlink Staking, a staking pool was established to secure the ETH/USD Data Feed on the Ethereum mainnet. Its initial cap was 25 million $LINK, 2.5% of the total supply.
$LINK is trading at $14.7, up 4.37% in the last seven days, with a marketcap of $8.2 billion.
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Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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