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Messages - Review Master

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1
Many of us missed GMX at early stage which is a perpetual dex on arbitrum and avax. Now we know how successful it's, even it's already listed into Binance. Also after FTX collapse, many users started using DEX rather than trusting CEX. While DEX ecosystem is growing, there is a lot of fork of GMX nowadays, however many forked perpetual Dex has unique feature which makes those unique to be successful in the ecosystem. So today i will share a project with you all which is fork of GMX with extra unique feature on the BNB ecosystem. FYI, i participated into the early stage of testnet and really like the unique feature of it. So it's not a shilling or promotional content and sharing with you all, a low cap gem which could do well. Also DYOR as it's NFA

Note: Currently El Dorado is having a trading competition with $20,000 Prize pool, so perp traders can participate as it's easy to get into top 5 position.  :D





According to DefiLama chains data, BNB Chain is the 2nd chain with TVL as well as volume, however Arbitrum is still in 4th position. So it's great opportunity for projects like this to be successful in the BNB Chain and attract more users in the long run.

Q: So is it just another regular fork of GMX?
A: There is a lot of fork of GMX nowadays, so we can't trust every one of those. We need to find out if new project is providing any unique features or not. So El Dorado Exchange or EDE is a fork of GMX for perpetual trading like others, however team did from ground up, the staking mechanisms for governance token , $aEDE, $EUSD, $ELP ( it's an index, rather than an LP token like GLP ) & #ESBT ( El Dorado Soul Bound Token). Also other products are on the pipeline like social & copy trading, De-fund (Fund Manager), Lending option for $ELP & many more.

So it's not just a regular fork of GMX to me, now others can dig down to research on it.  ;)

Q: Is it a really low capped gem?
A: EDE is not having infinite supply like GMX as it's having max supply only 30.3 Million tokens and there will be token burn by governance vote as well. FYI, team already burned 2 Million tokens.  :o If you're wondering about vesting or token schedule, then vesting is 4 years for team and IDO/incentivized token will have 90 to 365 days based on the ESBT level which means not selling pressure from IDO or team allocation. Also community allocation will have 20 years on vesting.

Max Supply: 30.3 Million EDE
Total Supply: 28.2 Million EDE
Circulating Supply: 242,479 EDE

Wondering what's ELP-1 or EUSD or ESBT, then do check out the twitter thread to know every details on it. Also don't forget to participate into the trading competition if you want. So i just cover major things in here.  ;)


So reply/comment what do you think about this project and are you going to participate in the trading competition like me?

Important Links:
Website: https://ede.finance
Stats: https://stats.ede.finance
Docs: https://docs.ede.finance
BitByte Crypto: https://twitter.com/officialbitbyte

2
ফোরামের সকল সদস্যকে প্রথমেই নতুন বছরের শুভেচ্ছা জানাই এবং দোয়া করি, সকলে এই বছরে আরো ভালো কিছু কাজের মাধ্যমে সাফল্য অর্জন করুন। আর যারা নতুন এই ফোরামে তাদেরকে বলবো, তাদের এই যাত্রায় স্বাগতম জানাই। আপনারাও নিত্যনতুন বিষয়গুলো জানার মাধ্যমে সফলতা অর্জন করুন।   ;)


আমি কিছু প্রজেক্টের টেষ্টনেট নিয়ে পোষ্ট করতেছি এবং চলমান কিছু প্রজেক্টের লিংকগুলো সংযুক্ত করে দিলাম। যারা এখনো অংশগ্রহণ করেন নাই, অংশগ্রহণ করুন। আশা করি, বছর শেষ হওয়ার আগে অনেক ভালো কিছু করতে পারবেন।  Wink
GSUCoin: https://twitter.com/officialbitbyte/status/1600607111842451456
Bebop: https://twitter.com/officialbitbyte/status/1587895299934068736
Bebop DEXmas: https://twitter.com/officialbitbyte/status/1605996239132037120
Scroll: https://twitter.com/officialbitbyte/status/1585641479204065283
ZetaChain: https://twitter.com/officialbitbyte/status/1584216060206538752

অনেকেই Low Market Cap প্রজেক্টে বিনিয়োগ করে থাকেন, তাদের জন্যও একটি প্রজেক্টের বিস্তারিত বিশ্লেষণ তৈরি করেছিলাম। সেটিও দেখতে পারেন এবং নিজেদের বিশ্লেষণ শেষে বিনিয়োগ করুন।  Grin
El Dorado Exchange: https://twitter.com/officialbitbyte/status/1608634593623830530

3
Back in February or May of 2022, we got airdrop from Evmos chains and many of us got around $200 to $1000 plus from airdrop in that time. So this time another project on evmos chain is going to have a airdrop just like ENS (Ethereum Name Server) or TNS ( Terra Name Server). So don't miss it and just buy a domain from Evmos domains project with only $5 and get a chance to eligible for the upcoming airdrop.  ;)

Evmos Domains Airdrop Details:



Note: I'm the owner of this channel & Video

4
এই বছরের অনেকগুলো এয়ারড্রপ হয়েছিল এবং সেগুলোর মধ্যে একটি ছিল Evmos চেইনের এয়ারড্রপ, যেটি কিনা Cosmos Ecosystem এর একটি চেইন। যাদের Cosmos নিয়ে ধারণা আছে, তারা বিষয়টি বুঝতে পারবেন। আমি এর আগে অবশ্য Evmos এর এয়ারড্রপ নিয়ে একটি ভিডিও বানিয়েছিলাম এবং BitByte Crypto কমিউনিটির সকলকে অবগিত করেছিলাম। যারা এখনো ভিডিওটি দেখেন নাই, তারা ভিডিও না দেখতে পারেন।
Evmos Rektdrop এর ভিডিও:

Evmos Rektdrop এর তথ্য: https://t.me/bitbytecrypto_ann/688

এখন আসা যাক মূল বিষয়ে, ইতিমধ্যে সকলেই বেয়ার মার্কেটের কবলে পইড়া ভালো ইনকাম করতে পারতেছেন নাহ এবং এই সময়ে যদি এয়ারড্রপ পাওয়া যায়, তাহলে কিন্তু খারাপ হয় না। আর আজকে সেটি নিয়েই সংক্ষেপে কথা বলবো। কেননা একটি ভিডিও ইতিমধ্যে সকলের জন্য তৈরি করেছি, যেটি দেখলে সকলেই অংশগ্রহণ করতে পারবেন।


ENS কিংবা TNS এর মতো নতুন এয়ারড্রপ মাত্র $৫ বিনিয়োগে অংশগ্রহণ করুন


যারা Evmos এর এয়ারড্রপ পেয়েছেন কিংবা যারা পান নাই, তারা এই এয়ারড্রপে অংশগ্রহণ করতে পারবেন। শুধুমাত্র $৫ ব্যবহার করে, আপনাদেরকে একটি ডিসেন্ট্রালাইজ ডোমেন ক্রয় করতে হবে। আর আপনারা হয়তো এয়ারড্রপ পেতে পারেন, কেননা টিম এয়ারড্রপের ঘোষণা করেছে। যারা এর আগে ENS (Ethereum Name Server) কিংবা TNS ( Terra Name Server) প্রজেক্টে অংশগ্রহণ করেছিলাম, তারা প্রায় $২০০ থেকে $১০০০ এর মতো এয়ারড্রপ পেয়েছিলেন। আশা করি, এটি থেকেও সেটির মতো হয়তো এয়ারড্রপ পাবেন।


Evmos Domains এয়ারড্রপের ভিডিও:

Evmos Domains এয়ারড্রপের https://t.me/bitbytecrypto_ann/724

এয়ারড্রপটিতে অংশগ্রহণের জন্য ভিডিওটি দেখুন, সকল পদ্ধতি বলা হয়েছে। আর যদি কারো Evmos নাহ থাকে, তাহলে আপনারা Huobi কিংবা Mexc এক্সচেঞ্জ থেকে ক্রয় করে, নিজেদের ওয়ালেটে নিতে পারবেন। আর যাদের মেটামাস্কে Evmos চেইন যুক্ত করা নেই। তারা Chainlist এ নিজেদের মেটামাস্ক ওয়ালেট সংযুক্ত করার পর, Evmos লেখে সার্চ করার পর নেটওয়ার্কটি নিজেদের মেটামাস্কে সংযুক্ত করতে পারবেন।

5
Cardano Forum / Re: WingRiders - Another interesting dex on Cardano?
« on: August 01, 2022, 09:58:20 PM »
Personally, i invested into Wingtraders and got 1.5x on TGE/Listing. Also planning to farm it till next bull season.

What percentage of farming is given in this project? and what tokens support the farming feature?
whether there will be further development of this project other than the farming method mentioned earlier.

Wingriders is providing upto 106% APR in their farming pool and total of 15 pairs are available to participate. Obviously, WRT-ADA pool is providing the top APR of  106% right now. So you can check all the details in here: https://app.wingriders.com/farming/all-farms

106% APR isn't bad at all even in this bear market, IMHO.

6
Cardano Forum / WingRiders - Another interesting dex on Cardano?
« on: July 17, 2022, 03:44:22 PM »
Back in January, i shared about sundaeswap with all of you when they were having ISO. This time, i come up with another dex project called WingRiders which is already launched and dominating into cardano ecosystem, IMHO.

WingRiders already implemented:
  • AMM DEX
  • Bringing stablecoins
  • Embedded in Staking platform
  • Direct HW wallet (+Android) support

Source: https://www.wingriders.com/

Personally, i invested into Wingtraders and got 1.5x on TGE/Listing. Also planning to farm it till next bull season. What do you think about this project? Share your opinion and would love to hear those.

7
Polygon MATIC Forum / Re: Why Price of Polygon Matic is falling?
« on: June 29, 2022, 10:11:20 PM »
Because all marketing is going down so hold it and don't miss dip guys it will be huge for you guys I believe that it will give you massive profit in future am holding my coins for long term.

Indeed, whole market is down and matic will do great performance in the next bull run or long term. So keep buying in the dip and wait for next bull season to convert into stablecoin for another cycle of buying into the dip.  ;)

8
The cooling of the market and the drop in the price of ETH has allowed users to conduct transactions on the Ethereum network more smoothly and cheaper, but this is really sad for crypto investors. I hope Ethereum will have an effective solution after Merge and we will always have gas 5 gwei.

Market was dumped because of the liquidity scene from both Celsius Network and 3AC (Three Arrow Capital), although 3AC was the main problem for this. No worries, market will pump back, especially ethereum as liquidation situation is gone (most likely). Back to the ethereum gas price, it's already dropped to 17 gwei. So more lower gas price is expected in the upcoming days.

9
আমি ফার্মে নতুন তবে আমার জানামতে এলাট কয়েনের ফোর্ম দিয়ে বাউন্টি প্রজেক্ট আনা যায় বাকিটা আমি সিনিয়রদের মন্তব্য আশা করছি

শুধু এখানে বাউন্টির বিষয় নয়, আরো অনেক অন্যান্য বিষয় রয়েছে। ক্রিপ্টোমার্কেটের অনেক বিষয় উভয় ফোরামগুলোতে আলোচনা হয়ে থাকে। তাই সেগুলোতে অংশগ্রহণ করেন এবং অনেক বিষয় জানতে পারবেন।

10
Cryptocurrency discussions / Re: Do you still believe in old coins?
« on: May 25, 2022, 10:43:55 PM »
Not every old coins, however few old coins/tokens with great potential can be good to hodl for long term. Back in 2017, there were many coins/tokens which was in top 100 rank and now many of those are vanished or not event in the top 200 rank because those projects weren't having any usecase after all. So old coins/tokens with real usecase can be good to hodl or believe for long term.  ;)

11
KuCoin Shares (KCS) / Re: KCS Hold for Future
« on: May 25, 2022, 10:22:12 PM »
I don't have KCS yet, but I'm interested in collecting them. exchange coins have pretty good potential as happened to BNB. I will wait for winter season to buy it

Indeed, exchange based tokens or coins are doing great because of the utility of it for the users. Talking about KCS, kucoin team introduced spotlight for funding new projects which gives more utility to KCS as demand increased a lot. To be honest, we're already in a mini winter season and doing DCA would be the best option for next rally before big winter season.

12
This Ethereum gas price fell because the activity on the Ethereum platform fell, this happened because many people were making transactions on other platforms.

Actually activity is still same compared to other chains because 1.7 millions transections were done at the beginning of this month and it's now 1.1 millions according to etherscan. Just look into the attached picture where we can see the sideways/uptrend chart of ethereum transections.

If we look into BNB smart chain or BSC, than 9 millions transection were completed back in March and it's now 4 millions transection which is 2x down in the activity. In the following picture, we can see a downtend of completed transections in BSC.

So activity or transections on ethereum chain is still good compared to BSC or other chains. However lets wait for the POS migration to see the lowest gas fee on ethereum again.

13
Ethereum gas price is dropping and it's now $0.82 (24 gwei) which is less than $1 and erc20 transection fee is almost $2.50. Kind of low transection at current time from my side. So is it the end of defi/nft hype? Because see a lot of hikes in the ethereum gas price whenever there was defi boom in the crypto market or hyped up nft minting. In current market, everyone is almost bearish and the question's: is it the end of defi/nft hype or not?

Gas price tracker: https://etherscan.io/gasTracker

It's good to hear.
I think the reason why Ethereum gas fee is going down, because ETH price is low.
But Hopefully It's because of Ethereum 2.0 launched completely.

It's not related to ethereum price, i guess. However it could be dropped because of the bearish movement of overall market in recent months. On the other hand, defi or nft hype/trend is slowing down as of now.  ;)
Ethereum 2.0 isn't launched completely as merge from POW to POS might happen in August. You can check this post: https://www.altcoinstalks.com/index.php?topic=267960.msg1363857#msg1363857

14
Stable Coins Forum / Re: Which stable coin is more secure?
« on: May 23, 2022, 08:18:11 PM »
As long as the stable coin is backed up using USD, the stable coin is safe in terms of price, but for other security such as the UST system, it makes the stable coin unsafe.
Nothing is safe in the crypto space, USDT still has a bit of a problem with the Audits they promised Regulators. I hope that Coinstable can be managed by the government soon, so that something like UST doesn't happen

UST wasn't a pure stablecoin as UST was called algorithmic stablecoin because it wasn't backed by real usd, however other crypto assets were backing it. That's why one whale took the chance from recent market correction and dumped it from its pegged price. After that, other stablecoins were targeted and de-pegged from its pegged price which is $1.
Yeah, nothing is safe in this market, just dyor and jump into those.  :)

15
We already witnessed the big boom of P2E (Play TO Earn ) based projects back in 2021 and still there are few projects which are doing great even in this bear market. However just inform all, we already have another trend on the on gamefi section which is M2E (Move To Earn ). Stepn (GMT) is started new trend as more crypto enthusiast jumped into this project and it was a great success. Although there was few projects already in the market, however Stepn was the trigger point just like Axie Infinity for P2E trend/hype. So what's your favorite projects which are based on M2E.

Stepn, Celo, Dotmoovs are on my M2E project list.  ;)

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