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Binance bet on Arbitrum? What are the key Arbitrum ecology to focus on?

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Who is the next potential currency project?

On March 30, Binance announced the launch of Arbirum Ecoradiant Capital's native Token RDNT again. After supporting such Arbitrum ecological projects as MAGIC, GNS and GMX, Binance once again supported Arbitrum in the main site. The market is beginning to look forward to the next new project that may bring Binance online.

BlockBeats screens from two aspects: one is Arbitrum DAO releases large-amount airdrop projects for ecological projects; the other is Token trading volume data, sorting out Arbitrum's key projects for reference.

Camelot (GRAIL)

Camelot is an efficient DEX designed to support the Arbitrum ecosystem by building flexible and sustainable mobility that can provide new agreements on Arbitrum with all the tools needed to initiate, channel liquidity and sustain growth. Camelot wants to create an innovative emissions strategy that leverages sustainable Token economics to align incentives with builders, users and agreements in the pursuit of sustainable gains.

GRAIL has just 100,000 pieces in total, with 73,506 currently in circulation, according to its website. The distribution plan announced by Camelot calls for GRAIL to be used for the public offering to account for 15 percent of the total supply. Of the remainder, 22.5 per cent will be allocated to the liquidity mining plan over the next three years, 15 per cent to provide liquidity for the agreement, and 32 per cent to core contributors, partners and consultants. Grails assigned to team/partner/consultant sections are fully unlocked in 3 years.

According to Arbitrum, Camelot landed 2,189,094 ARBs from the Arbirum DAO, ranking 18th on the list.

At the time of writing, GRAIL had $10.28 million in sales over the past 24 hours on the Arbitrum Network, according to nomics, putting it at No. 5 on that list. After excluding stablecoins such as USDT, GRAIL's transaction volume on Arbitrum's network is second only to GMX and MAGIC, which are already online on Binance.

Vela Exchange (VELA)

Vela Exchange is a decentralized perpetual contract platform designed to improve the speed and security of DeFi derivatives trading by leveraging a hybrid model of off-chain order book and on-chain settlement. Vela users can build positions based on the performance of synthetic assets, with leverage up to 100 times, according to official documents. Vela Exchange's reward structure has been carefully balanced to manage Token and reward supply while maintaining high incentives for liquidity supply and trading.

Of the total supply of 50 million Velas, 30 per cent will be used for community incentives, with a 5 per cent limit on annual use. The funds will be used to reward liquidity providers, market makers, Beta testers and other incentives. 19% of the supply will be reserved for future grants, DEX liquidity, market maker allocations from CEX, and liquidity supply incentive programs. 5% of the supply will be used for marketing incentives, such as airdrops, KOL partnerships and other partnerships limited to 2% per year. 16% of the supply goes to the core team, with a 6 month lockup period, after which it is unlocked linearly for 36 months. 2 % of the supply is allocated to the consultant, with a 6 month lockup period and a linear unlock over the next 18 months. The last 5% is set aside for future investors.

According to Arbitrum's data, Vela Exchange only received 75,000 ARBs from the Arbirum DAO, ranking at the bottom of the list together with other projects.

According to nomics, VELA traded $7.19 million in the last 24 hours on the Arbitrum network, making it the seventh most traded company on the network.

PlutusDAO (PLS)

Plutus is an Arbitrum native governance aggregator designed to maximize the mobility and rewards of users within the ecosystem while aggregating the governance influence of its governance Token PLS. Plutus' goal is to become a Layer 2 governance hub using veTokens projects. Plutus currently has two main products: plsAssets and plvAssets. plsAssets is related to governance aggregation and maximizing user liquidity and rewards, and plvAssets is a convenience vault product for maximizing user rewards here.

PLS, the prototoken of PlutusDAO, controls the voting protocol to lock in the basket of assets and gain from the underlying Token. By holding PLS tokens, users can have an impact on a growing number of protocols, including Dopex, Radiant, Sperax, and Jones DAO. Although PLS only has governance function in the early stage, it is currently exploring the possibility of bringing benefits to PLS holders.

35% of the total PLS supply will be used for platform awards to motivate future products, 15% for liquidity mining awards, and 13.8% for project operations, including operating community-driven events, future incentives, motivating contributors, exchanges between DAOs, etc. 10% to acquire assets that are important to the Plutus ecosystem. 10% for public offering. 4.2% went to private placement, with all funds to be used to secure Plutus' long-term development. 12% belongs to Team Plutus, and this portion of the Token has a three-month lock-in period and is unlocked linearly over the next 18 months.

According to Arbitrum's published data, PlutusDAO had access to 2,704,175 ARB airdrops from the Arbirum DAO, ranking 12th on this list.

According to nomics data show, in the past 24 hours, PLS in Arbitrum network trading volume of $8.69 million, ranked 6th in the network trading volume ranking.

Dopex (DPX)

Dopex is Arbitrum Ecology's decentralized options agreement designed to maximize liquidity and yield for both buyers and sellers of options. Dopex has devised its own model of Single Staking Option Vaults (SSOV), which allows users to lock in tokens for a specified time period and sell these pledged assets as call or put options at a fixed strike price chosen at different maturity dates.

Unfortunately, Dopex only supports Arbitrum and Polygon networks, not BSC.

Dopex adopts a dual-currency model, in which DPX is the Token of governance and fee accrual of the agreement, and rDPX is the Token of rebate and incentive.

DPX limits the supply, totaling 500,000, to vote on protocol and application-level proposals, and generates fees and revenue in protocol-based liquidity pools, vaults, and wrappers after each Epoch. The distribution of DPX is: operational reserve 17%, liquidity mining 15%, platform incentive 30%, founding team 12%, early investors and Token sales 26%, of which early investors 11%, Token sales 15%.

According to Arbitrum's data, Dopex received 3,863,107 ARB airdrops from the Arbirum DAO, ranking 5th on the list.

According to nomics, over the past 24 hours, DPX traded $2.87 million in Arbitrum's network, ranking 10th (rDPX ranked 9th).

Jones DAO (JONES)

The Jones DAO is an income, strategy, and liquidity protocol for options with a vault that provides one-click access to institutional-level options strategies while unlocking the liquidity and capital efficiency of DeFi options through asset tokens backed by income options. Currently Jones DAO has established partnerships with several mainstream agreements in Arbitrum Ecology. According to the website, Jones DAO's current TVL is $40,661,983.