MEKE's test and Binance's rewards boost momentum!

Shri333

BNB CHAIN officially announced the opBNB Odyssey event on August 10. The event runs from August 10 to September 15. The purpose of the opBNB Odyssey event is to encourage more users to explore the ecosystem on opBNB and contribute to the launch of the mainnet.

Participants in the opBNB Odyssey event can receive opBNB Genesis NFTs and have the chance to share a $50,000 prize pool. Looking at last year's Arbitrum Odyssey event, participants received thousands to tens of thousands of Arb airdrops, valued at thousands to tens of thousands of USDT. Therefore, the opBNB Odyssey event attracted a large number of crypto users as soon as it was announced. At the same time, a decentralized derivative trading platform called MEKE has also gained significant attention.

MEKE is the first decentralized derivative trading platform on the opBNB testnet. According to the rules of the opBNB Odyssey event (the main task is to complete asset swapping on the Binance L2 testnet opBNB testnet, which involves receiving BNB from the Binance testnet faucet and transferring it to the opBNB testnet for withdrawal, transfers, and other operations), users who participate in the MEKE beta test essentially complete most of the tasks of the opBNB Odyssey event. This allows them to earn MEKE airdrop rewards and have a chance to receive opBNB rewards. Participating in the MEKE beta test allows users to interact with the opBNB testnet through smart contracts, greatly enhancing their chances of earning rewards from the opBNB Odyssey event and a share of the $50,000 prize pool.

MEKE was developed by a U.S. team and is used for trading perpetual contracts of various mainstream cryptocurrencies like BTC and ETH. The MEKE team mentioned that they will consider entering the trillion-dollar RWA market in the future, trading futures of physical assets such as gold, oil, and U.S. Treasury bonds.

It's worth noting that the development of the MEKE project began in 2021. However, to provide users with the same smooth experience as decentralized exchanges, the team spent over two years continuously refining and enhancing the product before launching MEKE. Among the various Layer 2 solutions, MEKE chose opBNB as its deployment platform, which undoubtedly recognizes and affirms opBNB's technology and market potential.

opBNB is a Layer 2 solution supported by Binance, but it is not just an independent Layer 2 solution. It is part of the broader and vibrant BSC ecosystem. This integration provides MEKE with opportunities to interact with various other projects and tokens, including BNB, USDT, and other future ERC20 tokens supported by opBNB.

MEKE deployed on the opBNB testnet is secure, traceable on-chain, and technically capable of processing over 4,000 transfer transactions per second, keeping platform transaction costs below 0.005U. This performance is superior to existing scaling solutions.

MEKE started its first beta test on July 31, which ended shortly after, and the market saw tremendous activity. It is evident that the MEKE beta test significantly increased the trading volume on the entire opBNB testnet.

This is just the beginning for MEKE, and the journey continues. In the future, MEKE will maintain adaptability and continuous growth. Leveraging opBNB's robust and flexible framework, it will add new features and experiment with innovative ideas, aiming to become a leading project on opBNB.

In the years 2023-2025, L2 solutions will be a battleground in the crypto space. Major players, including Binance and Coinbase, are experiencing significant developments in their respective L2 ecosystems. This will lead to the emergence of many high-quality projects, with MEKE being one of them.

The launch of the opBNB Odyssey event is an important step in Binance's promotion of opBNB. It signifies that opBNB is becoming more mature and complete on the mainnet and that its development in the L2 field is entering a new stage. We have reason to expect that in the new cycle, opBNB and MEKE will create more wonders and value in the blockchain industry.

Jatin255

Making the cryptocurrency ecosystem more diverse.

Jiten171

Years of development effort are indeed worth it.

Kapil334

Well-received by the market, it should indicate a promising public beta.