Articles in this section

See more

imToken Monthly | November 2024

Avatar
Whale
  • Updated
Follow

简报 - Banner - EN.png

🫰 GM imToken fam!

In October, driven by the U.S. election and market expectations of more crypto-friendly policies, market sentiment surged. Bitcoin reached a peak of $73,620, while Ethereum hit $2,769.

During the same month, imToken launched the Babylon Cap-2 BTC Staking event, rolled out the $PUFFER claim function, and introduced a quick acquisition feature for TRX.

Let’s take a look back at these exciting moments!

🎉 imToken Highlights

Babylon x imToken Staking Carnival

imToken 简报 | 2024 年 11 月 - 1.png

To celebrate the launch of Babylon’s mainnet Cap-2 BTC staking, imToken hosted a staking incentive event with a total prize pool of up to 20,000 USDC! If you are interested in BTC staking, keep an eye on future activities from imToken and Babylon.

Related reading: How to stake Bitcoin through Babylon in imToken.

TokenHub Launched $PUFFER Airdrop Claim

imToken 简报 | 2024 年 11 月 - 2 - EN.png

Puffer Finance announced that users could claim $PUFFER starting October 14. Users who participated in staking on Puffer could claim its tokens seamlessly in imToken. After claiming, they can quickly swap $PUFFER for other tokens via DEXs like Uniswap within imToken, without the need to wait for exchange deposits.

Head over to TokenHub to explore more airdrop opportunities.

imToken Introduced TRX Quick Acquisition Feature

Have you ever encountered the following issues?

  • Your TRX address hasn’t been activated, and you’re unsure how to purchase TRX to activate your wallet?
  • You’re unable to complete a transaction due to insufficient TRX balance to pay for miner fees?

Now, with imToken, you can directly use USDT to purchase TRX, easily activate your address, or quickly top up TRX and energy, making transactions smoother and more convenient.

Community Events

Add Taproot BTC account to win a prize 

Participants who added a Taproot BTC account in imToken could win a share of a 2,000 USDC prize pool.

🔥 Hot Picks

  • Vitalik Buterin’s Vision for Ethereum Scaling with Rollups
    Vitalik envisions Ethereum to achieve 100K TPS through rollups, stressing that Layer 1 should remain decentralized and foundational, while Layer 2 solutions expand the ecosystem. He advocates for optimizing fees and cross-chain standards to reduce friction between Layer 2 solutions and deliver a unified user experience.
  • Uniswap Developer Introduces Unichain, a Layer-2 Network Based on Optimism Technology
    Aiming to be a DeFi hub, Unichain will support multi-chain interactions and deliver an enhanced user experience. It will include Trusted Execution Environments (TEE) and a community validation network, with decentralization expected by 2025.
  • Inspired by Trump, Florida Official Considers State-Level Bitcoin Reserve for Retirees
    Florida’s CFO, Jimmy Patronis, stated in a letter to state investment managers that Bitcoin, as digital gold, could offer portfolio diversification and serve as a hedge against other assets’ volatility. Patronis has requested a report on this emerging investment ahead of the next legislative session.
  • A16z Report: Cryptocurrency Usage Hits Record Amid Regulatory Uncertainty
    The "2024 State of Crypto" report by a16z highlighted record blockchain usage despite regulatory uncertainties, with 220 million active addresses in September, a threefold increase from late 2023. Stablecoins, especially USDC and USDT with low transaction costs, largely drove this growth.
  • IMF Urges El Salvador to Strengthen Bitcoin Regulation Framework
    The IMF has again urged El Salvador to strengthen its Bitcoin regulatory framework and oversight, recommending limits on public sector exposure to Bitcoin. Since El Salvador made Bitcoin legal tender in 2021, the IMF has repeatedly raised concerns about potential fiscal and financial stability risks, emphasizing the importance of transparency and ongoing dialogue.

📚 imToken Content Learning

imToken 简报 | 2024 年 11 月 - 3.png

💡 Partner Highlights Review

imKey Released #RWA NFT Bundle

On October 8, the imKey team collaborated with @RareShopNFT to launch the imKey bundle #RWA NFT. Users who purchased the NFT on-chain could opt for physical delivery of imKey products.

Tokenlon’s 32nd Trading Mining Phase Concluded

On October 14, 2024, Tokenlon completed the 32nd phase of LON trading mining. This phase recorded a total trading volume of $479 million, generating revenue of $800,300 USDT, with a buyback of 493,000 LON worth $453,500 USDT.

🚀 Wonderful First Look

Devcon7 is happening in Bangkok, Thailand from November 12 to 15, 2024! 🎉 imToken hosts a series of exciting events throughout the week. Join us at Web3 Coffee Carnival to experience imToken Web, claim free tokens, and enter our lucky draw! You can also click here to participate in the online event and win rewards.

Discover more details here: 📢imToken Devcon7 Event Announcement

In the next version, imToken will continue expanding account types and enhancing token management convenience. Stay tuned for imToken X to learn about the latest updates, and make sure to update your imToken to the latest version.

Follow imToken’s Official Channels

Keep up with all the newest announcements, progress updates, and future roadmap by following along right here.