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 contrast, 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 was highlighted by BNB Chain's Twitter.
MEKE is the first 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 consider trading futures of physical assets such as gold, oil, and US Treasury bonds.
opBNB is an L2 expansion solution built by Binance BSC based on the OP Stack. It opened its mainnet to infrastructure providers on August 16, with a total transaction volume of 2.74 million on the same day, reaching 17.5 million transactions by August 17. A report released by Nansen showed that during the testnet phase, opBNB had accumulated 435,000 unique wallet addresses, with a daily transaction volume of 100,000 to 150,000 transactions. It is evident that opBNB has a large number of developers, project parties, and active users on the chain. What makes MEKE a popular project worth exploring?
Technology, trading experience, trading ecosystem, and incentives are all necessary conditions for MEKE to achieve long-term sustainable development, and each is indispensable. MEKE has become a popular project on the chain by virtue of these four elements.
(1) Technology
MEKE is deployed on the opBNB chain, which can process over 4,000 transfer transactions per second and keep platform transaction costs below 0.005U, providing users with high transaction efficiency and low transaction fees. Moreover, opBNB allows developers to independently build L3 on the chain, thereby accessing the opBNB network and sharing security and resources.
Blockchain technology is rapidly evolving, and adaptability is key to sustained growth. With the robust and flexible framework of opBNB, MEKE can easily adapt to changes, add new features, and explore innovative ideas, giving MEKE more feasibility.
(2) Trading Ecosystem
As a decentralized derivative trading platform on the chain, MEKE not only focuses on mainstream cryptocurrencies such as BTC and ETH, but also plans to consider trading futures of physical assets such as gold, oil, and US Treasury bonds in the future, introducing physical assets such as gold, oil, and US Treasury bonds into the chain in the form of RWA, and building a brand-new derivative system around these RWA assets.
In addition to RWA, MEKE will also consider incorporating 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 a more diverse and rich trading selection.
(3) Incentives
The incentive mechanism plays a crucial role in the development of MEKE. Although the issuance of MEKE tokens is limited, through the adoption of a unique issuance mechanism, MEKE tokens serve multiple functional roles for the entire platform, including user incentives, funding pools, community activities, and DAO governance, encouraging users to actively participate in the MEKE community and platform trading. This can increase user stickiness and loyalty, attracting more users to join MEKE.
Seizing the Opportunity
MEKE not only has its own unique advantages, but also has been widely reported by major international media and has received key promotion from BNB Chain's official Twitter, demonstrating that MEKE's charm and prospects are extraordinary!
The mid-term public testing rewards for MEKE are coming to an end. Participating in MEKE's public testing may offer benefits comparable to early participation in dYdX, Optimism, and Arbitrum testing, and there are even greater rewards for sharing MEKE. For more information, please long-press to copy and click to follow MEKE's official community:
Official Website:
Telegram:
Discord:
Twitter:
https://twitter.com/MEKE_PROTOCOL
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