As Cancun's upgrade approaches, L2 has become the hottest narrative track in the second half of 2023. Currently, there are over 10 well-known L2 projects, including star institutions and teams such as BASE from Coinbase, Linea Network from ConsenSys, and opBNB from Binance, which indirectly indicates that L2 technology will become the mainstream form of future networks.
As a star project in the L2 space, opBNB has been a dominant presence in the L2 field since its inception.
opBNB: The Scalability of a New Era
On June 19, BNB Chain announced the launch of the opBNB testnet, an innovation in the blockchain field aimed at enhancing the scalability of BSC while maintaining cost-effectiveness and security. This revolutionary L2 solution utilizes Optimistic Rollups, a technology that reduces the computational load on the main chain by executing transactions off-chain and only publishing transaction data on-chain.
On August 2, the BNB Chain team announced the upcoming launch of the opBNB mainnet. This announcement sparked heated discussions in the crypto community, with many speculating on which project on the opBNB chain could become the next "thousandfold BALD" overnight. The recently popular on-chain decentralized derivative trading protocol MEKE is worth paying attention to.
MEKE: A Potential Project in the Derivative Trading Track
MEKE is an on-chain decentralized derivative trading platform that can be used to trade perpetual contracts for various mainstream cryptocurrencies such as BTC and ETH, and in the future, it also plans to trade futures for physical assets such as forex, gold, oil, and US bonds.
As a leader in cryptocurrency derivative trading platforms, MEKE has enormous market potential. According to CoinDesk and CryptoCompare data, derivative trading volume reached $2.04 trillion in January 2023, accounting for 70.3% of the entire cryptocurrency market, and this proportion is gradually increasing.
MEKE Deploys on opBNB, Like a Good Horse with a Good Saddle
In fact, the MEKE team began its research and development as early as 2021. However, in order to provide users with a simple and user-friendly experience similar to decentralized exchanges, the MEKE team spent over two years continuously refining and perfecting the product before launching it into the market and choosing opBNB from numerous L2 solutions.
opBNB is the L2 network protocol of BSC, and MEKE places all contract processes and transactions on opBNB, ensuring that every transaction is secure and traceable on-chain. Additionally, opBNB not only benefits from the massive traffic support of BSC but also achieves over 4000 TPS in technical performance, enabling transactions with a minimum gas fee of $0.005 per transaction, outperforming existing scaling solutions. Furthermore, in the development ecosystem of BSC, L2 is making significant progress, and MEKE will take action according to market developments and deploy all contracts on L2 upon completion.
Considering these factors, MEKE chose to deploy on opBNB. Due to MEKE's strong performance and enormous market potential, as well as being one of the first applications to go live on opBNB, MEKE has garnered widespread attention globally and has been covered in both English and Chinese media.
MEKE Public Testing is Now Open, Perfect Timing for Positioning
Everyone envies the overnight thousandfold surge of BALD and knows that BALD's meme is deployed on Coinbase's L2 network, BASE. Therefore, some say that L2 will become the biggest casino, and the "headliner" of the casino must be the token that charges into the chain first. We don't know the specific name, but we are certain that during the public testing of the project, the first batch of players to join will have the lowest risk and the highest return.
Currently, the first phase of MEKE public testing began on July 31 and has been extremely popular, driving a rapid increase in trading volume on the opBNB testnet. According to incomplete statistics, the number of interacting wallet addresses has exceeded tens of thousands.
Like all star projects, users participating in MEKE's public testing can receive many potential benefits such as fee dividends and project airdrops. It can be said that participating in MEKE's public testing may offer benefits comparable to early participation in dYdX, Optimism, and Arbitrum testing.
Due to the limited issuance of MEKE platform tokens and its unique issuance mechanism, the earlier one participates, the more benefits they will receive, and these benefits will gradually decrease later on. The first phase of MEKE public testing will end on August 10, so be sure to act promptly.
For the latest updates, please long-press to copy and click to enter the official MEKE community.
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