🚀 Mask Network Acquires Nametag to Enhance Decentralized Identity and Gaming
#MaskNetwork #Nametag #DecentralizedIdentity #Gaming #DigitalIdentity #Acquisition #MASK
According to BlockBeats, on September 20, Mask Network announced the acquisition of Nametag, a decentralized identity (DID) and gaming extension program. The specific amount of the transaction has not been disclosed.
Nametag allows users to create personalized tags and manage their digital identities on major platforms such as Twitter, Google, and Discord. This acquisition is expected to enhance Mask Network's capabilities in the decentralized identity and gaming sectors.#MaskNetwork #Nametag #DecentralizedIdentity #Gaming #DigitalIdentity #Acquisition #MASK
🚀 Binance Updates Collateral Ratios for Portfolio Margin Assets
#Binance #CollateralRatios #PortfolioMargin #Cryptocurrency #Trading #IOTA #AXS #CAKE #MASK #CHZ #BAT #GTC #PORTAL #ZEC #MOVE #BSW #UserImpact #Liquidation #uniMMR #CryptoUpdates
According to Binance's official announcement, the cryptocurrency exchange will implement changes to the collateral ratios for several assets under its Portfolio Margin system starting from 2025-05-16 at 06:00 (UTC). The update is expected to be completed within approximately one hour.
**Collateral Ratio Adjustments**
- **CAKE**: Reduced from 80% to 75%
- **IOTA**: Reduced from 70% to 60%
- **AXS**: Reduced from 70% to 60%
- **MASK**: Reduced from 60% to 50%
- **CHZ**: Reduced from 65% to 50%
- **BAT**: Reduced from 65% to 50%
- **GTC**: Reduced from 50% to 40%
- **PORTAL**: Reduced from 50% to 35%
- **ZEC**: Reduced from 30% to 20%
- **MOVE**: Reduced from 20% to 10%
- **BSW**: Reduced from 20% to 10%
**Impact on Users**
The changes in collateral ratios will directly affect the Unified Maintenance Margin Ratio (uniMMR). Binance advises users to closely monitor their uniMMR to prevent potential liquidation or losses that could result from these adjustments. Users are encouraged to review their positions and make necessary adjustments to align with the new collateral requirements.
**Additional Information**
Binance emphasizes that there may be discrepancies between the original English announcement and any translated versions. Users are advised to refer to the original English version for the most accurate information. The announcement also provides links to further resources, including an introduction to Binance Portfolio Margin Mode, trading rules, and details on transfer-in limits, position limits, leverage, supported collateral, and rates.
Binance appreciates the continued support from its users and remains committed to providing updates and improvements to its services. The changes are part of Binance's ongoing efforts to optimize its platform and ensure a secure trading environment for its users.#Binance #CollateralRatios #PortfolioMargin #Cryptocurrency #Trading #IOTA #AXS #CAKE #MASK #CHZ #BAT #GTC #PORTAL #ZEC #MOVE #BSW #UserImpact #Liquidation #uniMMR #CryptoUpdates
🚀 Lens Completes Feasibility Phase for Decentralized Social Network
#Lens #DecentralizedSocialNetwork #FeasibilityPhase #MaskNetwork #UserOwned #SocialNetworking #ConsumerApplications #UserAdoption #PANews #Stani #Avara #SujiYan #MASK
Lens has announced the completion of its feasibility phase for a user-owned decentralized social network. According to PANews, the focus of the ecosystem's development will now shift from protocol and infrastructure to consumer applications and user adoption. Mask Network is seen as the successor in this new phase, aiming to advance decentralized social networking from technical experimentation to everyday use. Stani and Avara will continue to serve as advisors to Mask founder Suji Yan and his team.#Lens #DecentralizedSocialNetwork #FeasibilityPhase #MaskNetwork #UserOwned #SocialNetworking #ConsumerApplications #UserAdoption #PANews #Stani #Avara #SujiYan #MASK
🚀 Mask Network Takes Charge of Lens Community to Boost Decentralized Social Platforms
#MaskNetwork #LensCommunity #DecentralizedSocialPlatforms #MaskDAO #OrbClub #Firefly #CreatorEconomy #NS3AI #OpenInfrastructure #MASK
Mask Network has assumed the role of steward for the Lens Community, with the objective of promoting decentralized social platforms. According to NS3.AI, the network plans to utilize Lens's open and permissionless infrastructure to develop user-focused products and support creator economies. Current applications backed by MaskDAO, such as Orb Club and Firefly, are already operational within this ecosystem.#MaskNetwork #LensCommunity #DecentralizedSocialPlatforms #MaskDAO #OrbClub #Firefly #CreatorEconomy #NS3AI #OpenInfrastructure #MASK
🚀 Neynar's Acquisition of Farcaster Sparks Positive Remarks from Mask Founder
#Neynar #Farcaster #Mask #SujiYan #competition #collaboration #Aave #Lens #socialprotocol #technicaladvisors #Odaily #shareholder #MASK #AAVE
Mask founder Suji Yan commented on Neynar's acquisition of Farcaster, stating that increased competition is beneficial. According to Odaily, Yan mentioned hearing rumors earlier but did not verify them with the Neynar team. He emphasized the importance of collaboration and congratulated the Neynar team, disclosing his status as a minor shareholder and user of Neynar's software and technology, praising the team's excellence.
In related news, Aave founder Stani announced that the management of the social protocol Lens will be transferred to the Mask team, with the original team serving as technical advisors.#Neynar #Farcaster #Mask #SujiYan #competition #collaboration #Aave #Lens #socialprotocol #technicaladvisors #Odaily #shareholder #MASK #AAVE
🚀 Aave to Discontinue Family iOS Wallet, Refocus on DeFi
#Aave #StaniEth #FamilyWallet #iOSWallet #DeFi #AaveApp #AvaraBrand #LensBrand #Mask #ForesightNews #AAVE
Aave founder Stani.eth has announced plans to gradually discontinue the Family iOS wallet. According to Foresight News, Family Accounts will continue to serve as infrastructure supporting the Aave App. Additionally, Aave Labs will cease using the Avara umbrella brand, which included the Family and Lens brands. The Lens brand is now managed by Mask. Aave stated that this decision aims to concentrate resources on enhancing the Aave brand's visibility and refocusing on its DeFi business.#Aave #StaniEth #FamilyWallet #iOSWallet #DeFi #AaveApp #AvaraBrand #LensBrand #Mask #ForesightNews #AAVE
🚀 SkyAI and Mask Network See Significant Unfollows on X
#SkyAI #MaskNetwork #Unfollows #X #AI #Blockchain #Crypto #KOL #Influencers #MASK
In the past week, SkyAI, an AI blockchain data infrastructure, has experienced the highest number of unfollows from top influencers on X, according to ChainCatcher. Influential figures in the crypto space, such as KOL WolfyXBT, KOL Enheng456, and Crypto Pumpman, are among those who have unfollowed the project.
Additionally, Mask Network has also seen a significant number of unfollows from top personalities on the platform.#SkyAI #MaskNetwork #Unfollows #X #AI #Blockchain #Crypto #KOL #Influencers #MASK
🚀 Web3 Payments and Stablecoins to Take Center Stage at RWA & Payments 2026 Event
#Web3Payments #Stablecoins #RWA #Payments2026 #OnChainInfrastructure #MaskNetwork #BenPay #StableStock #HongKong #AWSHongKong #MASK
RWA & Payments 2026 is set to take place on April 20, 2026, at the AWS Hong Kong Office in Causeway Bay, Hong Kong. According to NS3.AI, the event is being jointly hosted by Mask Network, BenPay, and StableStock. It will focus on discussions around Web3 payments, stablecoins, real-world assets (RWA), and on-chain financial infrastructure.#Web3Payments #Stablecoins #RWA #Payments2026 #OnChainInfrastructure #MaskNetwork #BenPay #StableStock #HongKong #AWSHongKong #MASK