How does the Bitcoin ecosystem of PENDLE low cost Master Protocol?

author:Crypto Dog Source: Medium

The 24 -year popular project Lingo Handbook is about to be funded immediately.The tutorial is as follows, and it takes 5 minutes to finish (RWA is a global narrative. If you want to read the investigation, write it later, first understand how to realize it quickly)

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At present, the entire airdrop environment is deviated from the direction of “information difference”. The basic pattern is that users with large exposure and large volume projects are piled up. Many projects with good concepts are not concerned, resulting in the investment and research of many unpopular projects.

The final result is the basic anti -projects, such as ZKSYNC and BLAST; and unpopular projects such as AI ARENA and Lista DAO (there are not many participants when sending the first edition of the first edition), but it is big hair.

Today, I continued to go to the partial door and introduce a Yield Pass NFT project with only 3U -Master Protocol. Let’s see how to slap.

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This article is mainly divided into the following parts:

  • Introduction to Master Protocol

  • Before the airdrop tutorial

  • Basic tutorial

Introduction to Master Protocol

Master Protocol is a emerging interest rate exchange market and points FARM accelerator in Bitcoin ecosystem.It is a one -stop financial platform tailored for all LSD assets, which will gradually support all LST in different ecology.It simplifies interaction and transactions in the Bitcoin network, aggregate users and assets, and promotes liquidity and interaction in the ecosystem.Master also acts as the central hub to connect the local Bitcoin promoter with various applications to support the development of new applications and improve the effectiveness of Bitcoin infrastructure.By introducing the again pledged layer, Master Protocol enhanced its infrastructure, met the needs of rapid expansion of the ecosystem, promoted the connection between various DEFI protocols and the second -layer solution, and completely solved the development and prosperity of BTC Layer2 due to BTC Layer2.The fragmented problem caused by the combination of BTC in ecology and operability and overall practicality.

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Is it like reading Tianshu? I also think so, so I do n’t have to write a technical analysis in this article. This does not have any significance. Master Protocol simply understands:

Now Ethereum can be regarded by ZKSYNC and Blast’s “two silly”. It can only be re -established for a lot of time.As early as the second half of the 23rd, the market realized this problem. It coincided with the inscriptions that solved the BTC expansion problem at that time, making BTC Layer2 possible. Many forward -looking development teams began to deploy BTC Layer2. There are many excellent projects in it.,like:

Babylon, Botanix, Bitlayer, Bouncebit, B² and Merlin and other well -known L2 solutions have taken the lead in using various methods to achieve Bitcoin pledge.

(1) But so much nonsense, what does it have to do with the master protocol?

BBTC Layer2 basically many projects to ensure the safety of the chain through pledge, just like ETH’s POS concept, so many funds are pledged on BTC Layer2. If users pledge funds on BTC Layer2, it will cause a shortage of liquidity.In the first quarter, ETH had a serious shortage of liquidity in the first quarter.

This kind of liquidity is not until ETH’s PENDLE and other projects appear. The emergence of this new narrative has once again activated the market.

At present, BTC Layer2 has only appeared on ETH’s old roads before it started. At this time, a project like Pendle is needed to integrate the entire LSD market. The Master Protocol is like this.

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(2) The value of Master Protocol is to do BTC-Fi

You can think of Master Protocol as the Eigenlayer+Pendle of the Bitcoin ecosystem, but it cannot be regarded as a simple re-engraving version of Pendle. The value of the Master Protocol is the value chain of BTC-Fi.

This sentence understands this way:

The LST and RESTAKING protocols of the Bitcoin ecosystem have sprung up like the rain. One of these WRAP -raising asset pricing and interest rate exchange markets that can be used for the Bitcoin ecosystem are very important.

The Master Protocol is the following three functions. The key ecological position (productive efficiency of liberating BTC assets) is stuck in the BTC-Fi. By integrating BTC ecological income assets, it becomes the cornerstone of Bitcoin ecological income.Because of this, Master Protocol has completed seed wheel financing at $ 25 million.

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Master Protocol three core products:

  • Master Yield Market

  • Master liquid staking

  • Master liquid restaking

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(3) About Master Yield Market

The main focus is Master Yield Market.

简单理解,Master Yield Market 就是一个支持多条BTC L2的利息交易平台,聚合多种比特币生态资产,并拆分为MPT(本金)和MYT(利息)供用户交易。

  • MPT is equivalent to fixed income products, locking the income in advance

  • MYT 相当于积分期货市场(可以在DEX 上随时卖出),所以这里有可以炒作预期收益,前期 MYT单价低,资金利用率会大大提高。

目前已支持BounceBit的stBB和stBBTC,未来将支持更多资产:BounceBit — Pell, Bitlayer — Pell, Multiple L2 — Lorenzo, Botanix — Master Protocol

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2. Before the airdrop tutorial

(1) Before interactive notice

NFT pledge is done on the base, please make sure that ETH has ETH on your base chain as a handling fee (you can ignore this step without buying NFT);

Use the following cross -chain tools to cross the ETH to base (already across the past, please ignore)

Pay attention to the ETH cross -chain handling fee, the official handling fee is a bit high, one 30U, one 9U

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So I chose rhino, ZKSYNC across the base, the handling fee can be controlled within 1U;

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(2) About airdrop interaction methods

This time is the core product of Master’s core product YIELD MARKET.

  • Trading mining prize pool:Earn points in Yieeld Market transactions (1 usdt transaction value = 1 point).

  • New mining prize pool:Pure Yield Pass can earn 200 points a day. The inviters and invited people can get the mysterious treasure chest (10–200 points). The premise is that the invited person is an effective STAKER or a transaction volume of 100 USDT.The higher the points you get.

(3) About Creation NFT -GeNESIS MASTER PASS

Genesis Master Pass is the creation NFT of Master Protocol with a total of 6,500. It was also Free Mint at that time, and it was finished in 5 minutes.

Divided by scarcity:

  • SSR -500 output 150 points per day, one -click mining

  • SR -1500 daily output 40 points complete daily task mining

  • R -4,500 output 10 points daily to complete daily task mining

  • SSR pledge ratio: more than 75%

  • The current market price is: 117U, 26U, 11U

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In addition to the pledge to get points, the Genesis Master Pass also launched a synthetic gameplay to form a shrinkage cycle. 3 R cards can be combined into a SR card, and three SR cards can be combined into a SSR card.Therefore, the number of PASS cards will become less and more scarce.

(4) About Master YIELD PASS

Master Yield Pass was launched at the same time as the LSDFI product Master Yield Market:

  • Total: 10,000

  • Price: Free (finished)

  • Current floor price: 3U

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You think Master Yield Pass (total 10,000, currently 3U) has a great potential, or is the GENESIS MASTER PASS (total 6500, floor price 11U) has a great potential, how to play with you.This article is a low -cost short -range tutorial. The following tutorial takes Master Yield Pass as an example.

What is the use of master yield pass?

The following benefits of pledged Master YIELD PASS:

  • Earn high points from the trading pool and the recommendation pool to obtain tokens

  • Share commission in the income market

  • Extra welfare, the official will be announced in the future

Trading mining award pool: pledged Yield Pass will enjoy 300%points bonus;

New mining prize pool: pledge Yield Pass can earn 200 points a day, invite friends to get unlimited BUFF bonus!

Third, airdrop tutorial

Here, you can interact under holding Master Yield Pass. You can buy it on OK 3U. It doesn’t matter. There are points for transactions.

Step 1. Pay the Master Yield Pass (no NFT can jump to the third step trading part)

Related links:https://campaign.masterProtocol.xyz/myp/referralcode=ucj2y

  • Click mint & amp; stake

  • Click stake

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  • Two pledge

  • After success, display as follows

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Step 2: Create an invitation link

  • Click Referral

  • Click Generate Referral Code to create your own invitation link

  • Then desperately invite myself

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Step 3: Trading and mining

Swipe the transaction volume in YIELD MARKET, earn points (1 usdt transaction value = 1 point), and the specific operation is as follows (take $ BB as an example):

1. Buy a little bit of $ BB in Binance;

2. Refer to the BoundceBit network address of your wallet;

3. Enterhttps://portal.boundcebit.io/stake, Replace BB with STBB (the handling fee is settled with BB token)

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4. In Yield Market, the STBB is replaced with STBB with MPT

Yield Market link:>https://yield.masterProtocol.xyz/markets

  • Generally, the method of fixed income (low risk)

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  • After entering, the number of data transactions, replace STBB with MPT

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The above is the entire process of interaction. Now there are official additional activities. As an early user, the transaction volume is the best.

The project may be issued in the third quarter. During this time, we can use a small brush to brush each other, and the ranking of your points will be ranked within 5,000 (not the top 100).

Each airdrop can be operated multi -number. At present, the multi -number tool I use is: Morlogin fingerprint browser. After testing moreLogin, I work hard at the safety level:

https://www.morelogin.com/?from=aanvwsb8onx4

In terms of the wallet plug -in that everyone is most concerned about, MoreLogin has made layers of encryption. Even if there are other people with ulterior motives invading your computer and pulling away the wallet plug -in file, it cannot be cracked.This is what I have been using. Other Chrome kernel’s browser data is generally universal.

The tutorial is as follows:“>https://link.Medium.com/xakjrkeltkb

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