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Free Fire redeem code for today 31 May 2021

Garena revealed a new redeem code for Free Fire players belonging to the Indonesian region. Players can use this code to get a Musical Monkey Backpack, Diamond Royale Voucher and Maro Fragments. You can simply follow the steps given below to redeem the code and get rewards for free. This item is region specific and […]

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Garena revealed a new redeem code for Free Fire players belonging to the Indonesian region. Players can use this code to get a Musical Monkey Backpack, Diamond Royale Voucher and Maro Fragments. You can simply follow the steps given below to redeem the code and get rewards for free. This item is region specific and hence, will not work for other players.

Most of the items in Free Fire could be unlocked through diamonds but the only way to get them is by purchasing them with real money. Those who do not wish to spend their money on skins or other items can simply use such redeem codes to try and get these items for free.

Free Fire reveals such redeem codes on some special occasions and they are distributed via their social media handles. These codes have a short validity and hence, players need to be quick while redeeming such codes.

Also Read | How to get Free Diamonds in Free Fire

HOW TO REDEEM FREE FIRE REWARDS

If you don’t know how to redeem codes in Free Fire, follow these simple steps to recieve the rewards:

  • Visit the Reward Redemption center of Garena Free Fire. Click here to visit.
  • Log in with your Free Fire account. One must have either Facebook or Google ID signed in as a Guest account does not work.
  • Enter the code FF8MBDXPVCB1 in the box to unlock the rewards.
  • You will receive the items in your in-game mailbox.
  • Free Fire Indonesia Code: FF8MBDXPVCB1

This code is only valid for a single day so make sure to get the items before time runs out. Remember that it is only redeemable for players belonging to the ID server and hence, others may get a pop-up error if they try to redeem this code.

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Source: https://www.talkesport.com/mobile-gaming/garena-free-fire/free-fire-redeem-code-for-today-31-may-2021/

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El Salvador to airdrop $30 in Bitcoin to every adult citizen

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The president of El Salvador  has announced the government will airdrop $30 worth of Bitcon (BTC) to every adult citizen of the country.

The announcement was welcomed by Bitcoiners, with influencers speculating El Salvador’s government wil need to purchase the required BTC it intends to distribute adding more than $100 million in buying pressure on markets.

Quickly googled estimates of the adult population of El Salvador varied, with onchain analyst Willy Woo tweeting that Bitcoin’s global user base will grow by 2.5% thanks to the influx of 4.5 million Salvadorians.

Others placed the Salvadoran adult population as high as 6.5 million (which is actually the total population), with Yahoo Finance anchor Zack Guzman using the figure for some rough back of the envelope calculations suggesting that $195 million worth of Bitcoin will be airdropped across the country.

Exact figures are hard to find but Statista shows that in 2019 the population aged 15 and above was 4.72M.

However, crypto Twitter’s euphoria may be be slightly premature, as local publication Prensa Latina notes El Salvador’s citizens will only receive the free Bitcoin after downloading the government-issued cryptocurrency wallet application.

The news was announced during a June 25 press conference, with President Bukele stating the government’s “wallet app will even work anywhere with a cell connection, and you won’t have to have a cell plan for the app.”

President Bukele also stated that the country’s much-celebrated Bitcoin law recognizing BTC as legal currency nationwide will come into effect on September 7.

Related: Opposition poses constitutional challenge to El Salvador’s Bitcoin law

El Salvador’s Bitcoin law was passed roughly two weeks ago. While the move has been praised by the global crypto community, the legislation has faced opposition from a minority political party and the World Bank.

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Source: https://cointelegraph.com/news/el-salvador-to-airdrop-30-in-bitcoin-to-every-adult-citizen

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Ethereum Testnet Burns 88K ETH in Preparation for EIP-1559

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Ethereum’s London hard fork launched on the Ropsten testnet on June 24 in preparation for the mainnet rollout in July.

The upgrade will usher in the implementation of the highly anticipated EIP-1559 modification that will adjust the Ethereum transaction fee calculation mechanism.

The next phase in the London hard fork rollout is deployment on the Goerli testnet which is scheduled for June 30. Following that, it will be launched on the Rinkeby testnet on July 7 and then mainnet later in the month.

Watch The Burn

Part of the EIP-1559 mechanism, aside from changing the fee auction structure, is to burn the “base fee” which will make the Ethereum economy deflationary over time.

A website called Watch The Burn has been set up to see this in action. At the time of press, 88,483 ETH had been burned on the testnet. This is equivalent to around $177 million at current prices.


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Ethereum software solutions firm ConsenSys estimates that the annual supply change will be minus 1.6 million ETH. At current prices, this equates to the burning of $3.2 billion in ETH which will reduce the annual supply rate by 1.4%.

The deflationary properties of the network will be further compounded when proof-of-stake launches on mainnet for ETH 2.0 in 2022 some time and the asset is no longer mined.

In February, Predictions Global founder Ryan Berckmans detailed how, in his opinion, Ethereum prices could surge to five figures through these deflationary mechanisms. He argued that this effectively gives ETH back to holders and not miners as the asset increases in scarcity through fee burns.

Unfortunately, hopes of major gas savings from the upgrade have been dashed. ConsenSys confirmed that it was not the intent of the EIP, adding:

“As a side effect of a more predictable base fee, EIP-1559 may lead to some reduction in gas prices if we assume that fee predictability means users will overpay for gas less frequently.”

Ethereum Prices Lackluster

Ethereum prices had regained the psychological $2,000 level at the time of press. The asset has gained 4.2% on the day but remains in a downtrend.

CoinGecko has reported a 20% decline in the price of ETH over the past fortnight. The world’s number two crypto asset is currently 54% down from its all-time high of $4,350 on May 12.

So there may be a bit longer to wait before these properties of scarcity and demand are reflected in its price action.

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Source: https://cryptopotato.com/ethereum-testnet-burns-88k-eth-in-preparation-for-eip-1559/

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Leonicorn Swap to launch a viral campaign

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The Leonicorn Swap platform has many features such as NFT, IDO, and Lottery, making it the most advanced AMM platform for customers. It is the best marketplace that offers all users trading opportunities with liquidity for their market projects. 

The best part of the platform is the ease of buying and selling NFT and raising other funds for all personalized projects, including IDO or IFO. It is decentralized with a natural network to provide advanced DeFi tools and products. 

The success of the platform, like any other blockchain startup, depends on its community. The community must be active, engaged in a proper manner, and passionate about all these features provided. The products and services offered by the crypto projects should offer the community an interceptive platform to trade and sell.

Viral campaigns are part of the success of making any platform surge high in the market.  Notably, the Lonicorn community has not disappointed. The community has massively taken up the different challenges with some getting the opportunity to win amazing prizes.

Leonicorn Swap on Twitter explains:

“More than 20+ #Twitter influencers joined together to promote our $20,000 worth of #giveaways campaign. We help the community aside from growing our project. Join our tg: t.me/leonicornswap Join our public sale whitelist: leonicornswap.com #BinanceSmartChainpic.twitter.com/k2AVzcYqQH”

Viral Campaign with Gamified Contests

Leonicorn Swap is planning to organize a prize giveaway in their forthcoming public sale. The campaign awards attractive prizes with performance in the contests the community participates in. The prize is appealing in several ways. It offers a huge opportunity to provide financial service to projects and fits customers’ demands. 

The latest cash prize  was given nearly 24 hours ago and entailed: 

“$200 giveaway to 1 random user. Follow us and Retweet our Pin. And Join our TG: https://t.me/leonicornswap also Tag three friends in Comment. It will end in 24 hrs. RocketFire #LEONICORNARMY #BinanceSmartChain #BSC”

Other successful contests included quizzes, treasure hunts, and answers to clues that require revisiting existing content. It encourages the familiarity of the users with the projects on the platform. Furthermore, the contests are an excellent way to recruit more participants for a higher winning chance. The referral contests also offer a massive boost to the number of users. 

Community Challenges at the Public Sale 

The public sale starts from June 25 to June 30. With an allocation of a maximum of $3000 and a minimum of $50, it is easy to conduct community challenges for viral campaigns. The already existing and active community needs to have other exciting offers and optimism to increase their interests. 

The challenges go in handy with both games and quizzes, and in the current market era, meme challenges make a considerable impact. The DeFi space is awash with memes and technology that Leonicorn is interested in making their viral campaigns go overboard. 

A meme camping involves an invitation to community members to create different ideas and humorously share them. The highest shared and winning memes get prizes. 

The invite from Leonicorn Swap on Twitter states:

“This weekend, we will launch a viral campaign with the #LEONICORNARMY hashtag. Thanks to all who already joined our public sale whitelist. Let’s make it viral together. #BSC #BinanceSmartChain #LEONICORNARMY.”

Stay alert to receive all new updates from the Leonicorn Swap community to engage in these campaigns and win fantastic prices. You can find more information from the various social media platforms for the Leonicorn swap team and its massive community.

Media Contact

CEO- Mofassair Hossain
Company – Leonicorn Swap
Email- [email protected]
Telegram- LEONICORN SWAP OFFICIAL COMMUNITY
Twitter- LEONICORN SWAP

PR Contact-

Name- Sourav Ghosal

Company- News Coverage agency

Email- [email protected]

Team-  News coverage agency

Disclaimer: This is a paid post and should not be treated as news/advice. 

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Source: https://ambcrypto.com/leonicorn-swap-to-launch-a-viral-campaign

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