To enhance the trading experience and expand the variety of trading options available, Binance Futures has announced the launch of two new perpetual contracts: NULSUSDT and DOGSUSDT.
The NULSUSDT contract will go live on August 26, 2024, at 08:30 (UTC), followed by the DOGSUSDT contract at 12:30 (UTC). Both contracts will offer up to 75x leverage, providing traders with increased flexibility and potential for gains.
About NULS
NULS is a decentralized blockchain platform that offers customizable services through its modular architecture. It is designed to support the development of market-leading products by leveraging advanced technologies. As an open-source community blockchain project, NULS is known for its flexibility and interoperability features.
Key Features of NULS:
- Modular Architecture: NULS utilizes a micro-service and functional module design, allowing for tailored blockchain solutions.
- Cross-Chain Interactions: The platform supports interoperability between different blockchains, facilitating seamless communication and value transfer.
- ChainBox: A tool that enables the rapid creation of new blockchains, reducing development time and costs.
- Smart Contracts: NULS supports smart contracts, enabling the development of decentralized applications (dApps).
- Proof-of-Credit (PoC) Consensus: A more energy-efficient consensus mechanism compared to traditional Proof-of-Work (PoW).
About DOGS
DOGS is a memecoin that originated from the Telegram community, designed to capitalize on Telegram’s vast user base and its native meme culture. While primarily a fun and engaging cryptocurrency, DOGS has the potential for growth due to its deep integration with the Telegram ecosystem.
Key Features of DOGS:
- Telegram Integration: DOGS is closely tied to the Telegram platform, aiming to introduce millions of users to blockchain technology through tokenized stickers and other features.
- Community-Driven: The project emphasizes community ownership and fair rewards distribution, fostering strong user involvement.
- Fun and Engaging: DOGS focuses on meme culture and playful interactions within its ecosystem.
How DOGS Works:
- Airdrop: DOGS tokens were initially distributed via an airdrop to existing Telegram users based on factors like account age and wallet reputation.
- Tokenized Stickers: DOGS introduces tokenized stickers, allowing users to collect and trade digital collectibles within Telegram.
While DOGS is primarily a memecoin, its strong community and integration with Telegram suggest potential for growth. However, as with any cryptocurrency, it’s crucial for investors to approach with caution and conduct thorough research before making any investment decisions.
