Recently, according to BNB CHAIN, the opBNB mainnet has been opened to infrastructure providers, bringing the launch of the opBNB mainnet one step closer.
opBNB is a secure, low-cost, developer-friendly Binance Smart Chain L2 layer solution built on the OP Stack. Since the launch of the opBNB testnet on June 19, it has established connections with numerous outstanding developers and witnessed their thriving development on opBNB.
Now the opBNB mainnet has been opened to infrastructure providers. The first phase of the mainnet allows providers to deploy their products on opBNB, preparing for the mainnet launch at the end of August or early September, when it will open blockchain services to millions of users.
Referring to the previous BALD project on the BASE chain or its recent rising star friend.tech, we can see the huge potential and opportunities of projects on the opBNB chain. The earlier the layout on opBNB, the greater the chance of success. For example, the on-chain derivative trading platform MEKE, which is one of the first applications to go live on opBNB, is also the first decentralized encrypted derivative trading platform on the opBNB chain.
In light of this, Binance Smart Chain's official Twitter has also strongly promoted the MEKE platform and retweeted it. This indicates the extraordinary potential and prospects of MEKE. The second phase of MEKE's public testing and reward activities is about to begin. Participating in the public testing or sharing MEKE will bring benefits comparable to early participation in public testing airdrops of dYdX, Optimism, and Arbitrum!
What is MEKE?
MEKE is a decentralized on-chain derivative trading platform developed by a US team in 2021, which can be used to trade perpetual contracts of various mainstream cryptocurrencies such as BTC and ETH. In the future, it also considers trading futures of physical assets such as gold, oil, and US Treasury bonds.
Core Features of MEKE:
1. Order Book Trading Model
In terms of the trading model, MEKE adopts the classic order book model, and the trading system is developed through smart contracts. The entire trading process is executed through smart contracts, making the trading transparent, traceable, and tamper-proof. Based on the order book model, MEKE can use zero-knowledge proof technology to obtain the best prices with minimal spreads and price impact when entering and exiting positions, without incurring additional costs.
Of course, MEKE also has the feature of expanding more trading functions. For example, its established on-chain derivative ecosystem not only focuses on cryptocurrencies but also considers trading futures of physical assets such as gold, oil, and US Treasury bonds, introducing physical assets such as gold, oil, and US Treasury bonds onto the chain in the form of RWA, and building a brand-new derivative system around these RWA assets. This is a very promising narrative direction, and with L2, MEKE is expected to stand out in the on-chain derivative trading arena.
2. Fast Transaction Speed, Low Transaction Fees
MEKE is deployed on the opBNB testnet. opBNB is an EVM-compatible L2 scalability solution based on Optimism OP Stack, capable of processing over 4000 transfer transactions per second and keeping platform transaction costs below 0.005U, outperforming existing scaling solutions.
Furthermore, opBNB allows developers to independently build L3 on the chain, serving the need for completely independent block space or customized DApps, such as custom gas tokens and user permissions.
In addition, Binance is one of the world's largest cryptocurrency exchanges, with a huge user base and brand influence. opBNB benefits from Binance's brand endorsement, which gives users and developers higher trust. MEKE, deployed on the opBNB testnet, also indirectly benefits from Binance's brand endorsement and can gain support from Binance's large user base.
3. Low Entry Barrier, Smooth User Experience
MEKE is user-friendly and provides a trading experience similar to centralized perpetual contracts. As long as users have a basic understanding of wallet operations, they can smoothly use MEKE for contract trading. As an on-chain derivative trading platform on opBNB, MEKE can easily integrate with other services and tools on opBNB, providing users with a seamless, integrated experience.
In summary, as a newly launched flagship application on the Binance Smart Chain L2 network, although MEKE is in the early stages of development, its backing by opBNB and Binance, leveraging their technical advantages, traffic support, and increasingly rich ecosystem applications, will enable MEKE to develop rapidly. It is worth our close attention to on-chain projects on opBNB.
Currently, the second phase of MEKE's public testing is very popular and is also nearing its end. Participating in MEKE's public testing offers benefits comparable to early participation in testing airdrops of dYdX, Optimism, and Arbitrum. For more information, 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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