BNB

Seize the MEKE Beta Opportunity & Capture the Essence of BNB Chain's Odyssey

by BSCN

August 12, 2023

chain

By engaging in MEKE's public beta, participants complete tasks required by the opBNB Odyssey event and increase their chances of earning rewards.

Heralded as one of the most anticipated L2s in the latter half of this year, the official BNB Chain L2, opBNB, kickstarted its Odyssey event on August 10th. The inception of Odyssey events in recent years has signaled the clarion call for L2 projects to penetrate the market. Arbitrum, the crypto sphere's most influential airdrop project of late, launched its own Odyssey event last year, bestowing upon its participants staggering rewards—receiving anywhere from a few thousand to tens of thousands of ARB airdrops, equating to several thousand to tens of thousands in USDT value.

The current objective of the opBNB Odyssey is to facilitate the interchange of assets between the BNB test chain and the opBNB test chain. Users are required to procure BNB from the BNB testnet faucet, transfer it to the oPBNB testnet, and execute a plethora of transactions such as withdrawals and transfers within the opBNB testnet. To incentivize participation, BNB is proffering NFT rewards and airdrops worth $50,000. While there’s no explicit mention of an opBNB token airdrop for this event, historical precedent with L2s suggests a high likelihood of an opBNB token airdrop.

Bolstered by the robust backing of the BNB exchange, the opBNB Odyssey event is nothing short of sensational. Amid the influx of crypto enthusiasts rushing to partake in the Odyssey, MEKE—a pioneering on-chain derivative trading protocol on the oPBNB—garnered significant attention. Engaging in the MEKE public beta essentially completes most of the tasks outlined in the opBNB Odyssey plan and offers participants an added bonus: a potential airdrop of MEKE platform tokens.

Conceived and developed by a seasoned American team, MEKE is a decentralized derivative trading protocol, already launched on the opBNB testnet with its first public beta phase concluding on August 14th. MEKE enables perpetual contract trading for prominent cryptocurrencies such as BTC and ETH, with future considerations extending to commodities like gold, forex, and US Treasury bonds. Primarily operating on the opBNB chain, MEKE guarantees that all transactions are immutable, traceable, and epitomize the pinnacle of transparency.

Given MEKE's deployment on the opBNB testnet, participation in the MEKE public beta not only accomplishes a majority of the Odyssey tasks but also facilitates contract interactions with the oPBNB testnet—significantly augmenting the probability of reward acquisition. In previously airdropped L2 projects like Arbitrum and Optimism, enhanced interactions within their respective networks emerged as pivotal determinants for garnering additional airdrops. Owing to MEKE's sophisticated contract infrastructure, engagement in its public beta yields increased interactions on the oPBNB testnet.

Why Choose to Participate in MEKE's Public Beta?

For starters, MEKE stands as the inaugural on-chain derivative trading protocol on opBNB, making participation synonymous with enhanced opportunities to reap the opBNB Odyssey rewards. Moreover, MEKE itself boasts an undeniably robust prowess.

Within the vast expanse of the cryptocurrency domain, derivative trading commands a colossal market presence. Perpetual contract trading alone witnesses daily turnovers nearing a staggering hundred billion, with this figure showing no signs of deceleration. According to BNB's comprehensive surveys, the crypto derivative segment currently clinches a hefty 74.2% of the market's total trade volume. Monthly transactions for crypto derivatives have witnessed a threefold escalation over the past trio of years. Riding on this meteoric surge, the crypto derivative market's revenue is projected to skyrocket to an impressive $231.2 billion by 2030. Presently, the likes of perpetual contracts and other crypto derivatives are emerging as primary revenue streams for premier centralized exchanges such as BNB and OKEX.

However, with regulatory pressures mounting and the global outcry for transactional transparency growing louder, there's a palpable tilt towards decentralized perpetual contract exchanges that ensure transactional authenticity, traceability, and immutable data. MEKE is at the vanguard of this transformative wave, offering users an unparalleled decentralized perpetual contract trading experience.

The concept of on-chain perpetual contract trading, though broached by tech luminaries in yesteryears, faced constraints primarily due to technological limitations, rendering most on-chain perpetual products complex and lagging in transactional speed. With the advent of opBNB and MEKE's formidable technological arsenal, not only are transactions rendered fully traceable, but users are also bequeathed with an experience rivaling that of centralized exchanges.

Whether observed from the macrocosm of the crypto universe or scrutinized from the unique demands of traders, the shift towards decentralized perpetual contract trading seems inexorable. It's not far-fetched to envision the future birthing on-chain crypto derivative platforms rivaling the current stalwarts like BNB and Coinbase. MEKE might very well be spearheading this revolution.

MEKE's maiden public beta concludes on August 14th. Engage in MEKE's beta to be eligible for a token airdrop and amplify your chances of opBNB rewards. For a deeper dive, kindly copy and follow the link to join the official MEKE community.

MEKE-related communities: Official MEKE Website | Discord | Telegram | Twitter 

Disclaimer: 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 $318.25. 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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