Learn how you can complete the tasks required for the Catizen game with this tutorial.

 task and you will be redirected to the game in Telegram. 

. Once you have done this, you will have completed this task!

Beginner

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Catizen Telegram GameFi On-Chain Task Tutorial

LightLink is a Layer 2 blockchain network with functionality for individuals, decentralized applications and enterprises. Learn more here.

 has evolved and its digital innovations grown more prevalent across various aspects of business and society, various challenges have arisen. Although blockchain tech offers decentralization, transparency and 

 security, issues such as difficult user experiences, expensive transaction fees and problematic scalability persist. Now, LightLink

 is addressing these issues through its innovative architecture and features.

 blockchain network with functionality for individuals, 

 (DApps) and enterprises. It addresses common blockchain technology issues and provides gas-free transactions.

’s advanced data availability solutions in its architecture and features. It provides a streamlined, superior user experience, lower transaction fees and enhanced scalability as compared to on-chain Ethereum transactions. At the same time, it utilizes 

 (DeFi) and security attributes from Ethereum 

. While LightLink uses existing Ethereum tools, it provides a viable alternative to the 

 (EVM). By empowering users and developers to have a better experience, it moves blockchain tech into the future.

LightLink launched in 2017 to leverage existing Ethereum tools while processing transactions off-chain. Its co-founder and CEO, Roy Hui, partnered with Pellar Technology for development. Lightlink enables instant and gasless transactions with security and speed, and has rapidly been adopted by enterprise and personal users and for DApps. In fact, there are now more than 215,000 LightLink wallets, and it ranks in the top 10 

The LL native token was launched in April 2024. LightLink is backed by Animoca Brands, MQDC, T&B Media Global, B3V and others. Its core advisors are Ryan Horn, Mehdi Farooq and Nathan Lenga.

LightLink aims to address issues that have plagued early blockchain tech adopters, including expensive gas fees and the uncertainty of transaction fees until the completion of a transaction. It also strives to improve the speed of transaction throughput, as compared to other blockchain networks, and aims to create an interconnected DeFi economy by bridging DApps.

LightLink, an alternative to the EVM, processes transactions off-chain and then compresses multiple transactions using a sequencer mode. Its transaction throughput is greater than that of Ethereum because it utilizes rollup tech to provide gasless transactions and faster processing speeds. Enterprise users and individual users benefit from LightLink’s compatibility with Celestia’s solutions, which enables instant processing of multiple transactions without gas fees.

LightLink offers an alternative to on-chain Ethereum transactions. Its many features combine to deliver a superior experience, enabling users to benefit from full access to DeFi benefits with a focus on speed, security and affordability.

Enterprise Mode is among LightLink’s key features. It supports gas-free transactions via a 

 wallet via a direct process, allowing developers to establish a contract address whitelist by paying a monthly subscription fee. 

The developer’s subscription fee subsidizes users’ fees for DApps. As a result, LightLink's 

 empowers users to use the whitelisted apps without being charged gas fees. Additional benefits of LightLink's Enterprise Mode are a fixed fee, multiple transactions processed without fees and access to LightLink’s enterprise partners.

LightLink’s bridge enables users to convert their crypto assets easily and efficiently. Users specify the token type and amount they want to bridge. The bridge functions with both Ethereum and BNB Smart Chain. After the user connects their wallet and finalizes their transaction, the order is executed, and the user can see the estimated time to transfer before order execution.

 from which to choose. Zonic NFT Explorer allows users to view their utility tokens in an NFT format. LiteFlow NFT Explorer supports marketplace trading for all NFTs. The Blockscout Explorer provides users and developers with detailed stats on smart contracts, gas fees, blocks, 

Bolt is a LightLink plugin that supports the development of decentralized gaming apps. It uses Enterprise Mode to support high volume and gasless transactions. In addition, the plugin uses smart contacts to support token minting that connects with the game’s results.

 fosters continued advancements in blockchain technology through grants, collaborations and partnerships. It identifies projects that advance DApps and other aspects of blockchain technology.

LightLink reached several milestones from the time of its launch in 2017 through 2022: the development of its digital wallet and supporting technology, the completion of token contract and blockchain audits, and the establishment of partnerships in the APAC region and with investment banks. During the first half of 2023, both the Testnet and private Testnet went live, and the Translucia metaverse and the Testnet bridge launched. 

In addition, the network completed the migrations of Tridentity and 

. Later in 2023, the platform made headway on its 

 and the integration of Celestia and Pyth. Through the end of 2024, attention will be focused on DA exploration, sequencer decentralization and 

LL, the LightLink native token, was launched on Apr 24, 2024, it plays a role in governance and yields rewards for holders and stakers. Total token supply is 1 billion, with allocation as follows: 

As of May 8, 2024, the LL token’s price is $0.08511, which reflects a decrease of 8.2% over the past 24 hours. Market cap is $6.9 million, and 24-hour trading volume is $7.8 million.

 $0.1083 by the end of 2024 and surge to $0.999 by 2030. This positive sentiment is 

 from DigitalCoinPrice, which believes that LL’s price will reach $0.19 by the end of 2024 and increase to $0.65 by 2030. 

Looking to trade LightLink tokens? Bybit now offers the LL/USDT Spot trading pair. To get started, you’ll need to first create a Bybit account, fund it with cryptocurrency and navigate to the 

All crypto investments have associated risk due to the volatile crypto market. LL is expected to increase in the future, and may therefore be considered as a 

. The platform provides seamless integration with existing Ethereum tools, along with off-chain transaction processing for a better user experience. With this in mind, the project may continue to grow in usage. Always 

 before making any cryptocurrency investment.

LightLink offers seamless integration with Ethereum and other networks to offer optimized utility for users. With functions such as its Enterprise Mode, scalable architecture and the ability to leverage existing Ethereum tools, LightLink empowers users to complete multiple transactions quickly and without gas fees. Add in its DEX applications and overall functionality, and LightLink empowers users with a better blockchain experience.

Intermediate

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LightLink (LL): Empowering Blockchains With Gas-Free Solutions

Injective is collaborating with Arbitrum to enhance its inEVM network by leveraging Arbitrum's Orbit stack to improve its bespoke EVM infrastructure.

The SPX index is down 0.03%, influenced by losses in major tech companies. Market focus stayed on corporate earnings and the Federal Reserve's policy direction, amid varied statements from Fed officials. The broader cryptocurrency market is down, with Bitcoin and Ether dropping by 1.39% and 3.17%, respectively in the past 24 hours.

Today’s outperformer is RUNE, which jumped 8.0% after THORChain rolls out THORNode v132 with Enhancements for Loan Execution and Lower Gas Fees.

THORChain (RUNE), founded in 2018, is a decentralized protocol allowing asset swaps across different blockchains, enhancing the DeFi space with its cross-chain liquidity feature. Unlike traditional AMMs limited to single blockchains, THORChain facilitates trades between incompatible networks using the Cosmos SDK. THORChain announced the release of 

, which includes significant improvements to the mainnet. Key updates include: the TOR depth fix restoring functionality to 95%, ensuring optimal loan openings and closings; a reduction in dynamic outbound fee multipliers resulting in much lower gas quotes, particularly a 6.14x decrease for BTC and a 2x decrease for ETH swaps; ejection of remaining BNB balances in preparation for the final stage of the Ragnarok process; and successful processing of remaining AVAX/BSC observations with a recent incident mitigated. Further quality of life enhancements are expected in the upcoming version.

Check Out the Latest Prices, Charts, and Data of 

 to enhance its inEVM network by leveraging Arbitrum's Orbit stack to improve its bespoke EVM infrastructure. This partnership allows inEVM to provide seamless, efficient, and cost-effective transactions, along with access to a broader set of development tools that were previously exclusive to Ethereum L2 solutions. inEVM is now able to use INJ as its native gas token, a novel approach for L2 rollups, and offers familiar development tools like Hardhat and Foundry, all while maintaining fast speeds and low fees. The integration also supports cross-chain compatibility with Ethereum, Injective, and other major blockchains like Cosmos and Solana, enhancing asset and liquidity transfers across these networks. Additionally, inEVM transactions are included in Injective's Burn Auction, which burns a portion of all protocol fees weekly, adding value to the Injective ecosystem. This collaboration marks a significant step toward a more interconnected and democratized blockchain landscape.

Bitcoin (BTC) dropped 1.31% amid negative influences from hawkish Federal Reserve comments and SEC activities, continuing a downward market trend. Ethereum also fell, further impacted by Grayscale withdrawing an Ethereum Futures ETF application. The broader crypto ETF market mostly recorded net outflows, highlighting investor sensitivity to Fed policies and SEC actions.

The new airdrop strategy focuses on optimizing benefits from participating in multiple cryptocurrency projects simultaneously. By depositing ETH at Etherfi and adding liquidity to the weETH-ETH pair on Nile Exchange, participants can earn various rewards including Etherfi Loyalty Points, Linea Surge LXP-L, EigenLayer Points, and potential Nile Airdrop Rewards. The step-by-step guide involves staking ETH on Etherfi to receive weETH tokens, and then using these tokens alongside ETH to add liquidity on Nile Exchange. Additionally, participants are encouraged to activate their Linea Surge Account to qualify for an upcoming snapshot and maximize their benefits, with options suggested for both limited and ample funding scenarios to ensure eligibility for various benefits. 

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Injective Partners with Arbitrum to Enhance inEVM, Boosting Cross-Chain Interoperability and Efficiency

Catwifhat (CWIF) shares the spotlight with Dogwifhat (WIF) on Solana, boasting a unique deflationary feature and a growing holder base in the cat-themed meme coin frenzy.

Cat-themed meme coins have recently been all the rage on 

 (MEW) and Popcat (POPCAT) clearly shows that the crypto community is highly receptive to meme coins whose story revolves around cute felines. 

In December 2023, another meme coin project riding the current "catomania" wave emerged on Solana. Catwifhat (CWIF), however, is unlike the majority of other cat-themed meme coins: it has a unique deflationary property that might pique the interest of the most conservative among crypto investors, in addition to the hordes of meme coin enthusiasts. Four percent of each transaction involving the CWIF token is burned, gradually reducing its total supply while increasing its scarcity, and, hopefully, its value as well.

 (CWIF) is a Solana-based cat-themed meme coin. 

It's one of the several projects contributing to the current wave of popularity surrounding cat-themed cryptos on Solana and other blockchains. Featuring a unique deflationary property, Catwifhat 

 4% of each transaction, significantly reducing its overall supply and marking it as among the most aggressive deflationary characteristics in the industry.

The CWIF token was launched in December 2023, with an initial supply of 77.78 trillion. Less than five months on, the token's aggressive supply-reducing mechanism has driven its total supply to about 36.5 trillion (as of May 7, 2024), with more than half (53%) of the initial supply burned. Currently, nearly half a trillion CWIF tokens are being burned every month.

In addition to the main CWIF cryptocurrency, the Catwifhat developer team has also released the Pixel Catwifhat 

 collection, whose pixelated cats comprise 1,000 items and feature 13 different cat hats as one of its key features. Enjoying significant popularity among NFT enthusiasts, the collection has some of its most valuable items, featuring asking prices of up to $100,000. Currently, Cat #189 is the Pixel Catwifhat NFT with the highest asking price, at 1,035 SOL ($150,417) on the popular Solana marketplace 

The Catwifhat project was undoubtedly inspired by an earlier meme coin, Dogwifhat (

), which was launched in November 2023. Themed around a Shiba Inu dog wearing a hat, Dogwifhat quickly became a meme coin sensation. By early 2024, the WIF token rose to the third position in market cap rankings among meme coins, behind the well-recognized leading duo — Dogecoin (

). As of May 7, 2024, WIF has amassed a market cap of $3.4 billion.

Compared to WIF, CWIF's market cap of $18.66 million looks exceedingly modest. However, it’s seen an impressive growth spurt within just one day.

Additionally, CWIF's exhaustive supply (measured in tens of trillions), active airdrop campaigns and extensive reach among meme coin enthusiasts ensure that the token is ahead of WIF by a mile when it comes to the sheer number of holders. According to some estimates, the unique number of WIF users was around 69,000 in mid-April 2024. On the other hand, the CWIF project claims to have a holder base of over 1.2 million.

The popularity of the cat with a hat meme has led to the launch of several (to be precise, four at the moment) tokens all sharing the same name, catwifhat, but using different capitalization styles and tickers — CatWifHat (CATWIF), CatwifHat (CIF), and catwifhat (CATHAT).

At least two of these, CATWIF and CATHAT, are recent entrants to the market and are likely attempts to piggyback off CWIF's popularity. The CIF token, despite being launched around the same time as CWIF, is also hardly a competitor to the latter; it has been embroiled in at least 

 events, and is far less popular than CWIF among meme coin enthusiasts.

A cursory look at the four tokens' typical trading volumes also speaks volumes, no pun intended, about their relative popularity. As measured on May 7, 2024, the 24-hour trading volume for CWIF stood at around $4.79 million, while CATWIF, CIF and CATHAT registered volumes of under half a million, around $15,000 and under $150, respectively.

The CWIF token is still not widely available on major 

 (JUP) and FluxBeam (FLUXB) — offer CWIF swap pairs. Currently, you can buy CWIF with Solana's native SOL token on FluxBeam, while Jupiter offers two cryptos for buying CWIF — SOL and 

The popularity of cat-themed meme coins is skyrocketing, and the CWIF token is at the forefront of this surge. While the token still features a relatively modest market cap, at least in comparison to the likes of Dogwifhat, Dogecoin and Shiba Inu, it has already amassed a highly impressive 1.2 million user base. Many of these have been attracted by the image of a cute cat sporting an adorable hat. Also, it wouldn't be a stretch to say that the token's unique 

 mechanism has lured a good chunk of this user base.

As CWIF transactions heat up, that 4% burn rate ensures that the token's supply decreases quickly, and with the decrease in supply comes the value of scarcity. Those who hold onto CWIF for a longer while might find themselves in possession of a truly scarce and valuable asset in the future — that is, of course, if the crypto community's obsession with cats stays strong.

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Catwifhat (CWIF): Sharing the Throne With Dogwifhat (WIF) on Solana

Trading

Copy Trading

Learn all about Master Traders in crypto copy trading and how to choose the best Master Trader to maximise your profits even as a novice trader.

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 is one of the best ways for traders to emulate the success of established traders and earn profits on par with these market gurus. A well-established strategy in traditional finance, copy trading has also proved itself to be a popular tool in the crypto market. In copy trading, there is perhaps no element more important than choosing the right Master Trader. This choice will make or break your crypto copy trading. Read on to learn all about copy trading and Master Traders to get the most out of your trading.

Copy trading is a popular trading strategy whereby a novice trader or follower replicates orders placed by an established trader with a track record of positive returns, known as a Master Trader. You can choose to manually copy a Master Trader’s strategy, or simply use automated software to copy their orders. For example, 

 for easy and flexible automated crypto copy trading where you can freely communicate with top-tier Master Traders.

Copy trading is often compared to — or even confused with — mirror trading, which is largely a similar strategy in which you precisely follow the market moves of an established trader in an automated fashion. The key difference between copy trading and mirror trading is that the former leaves you room for applying your own customization and judgment when replicating the market moves of your chosen trader. Meanwhile, mirror trading mandates following the trader’s moves exactly, even when you disagree with a particular order or strategy.

With copy trading, beginners can become profitable even without deep knowledge of the market and trading methodologies. It’s also a great time saver, as nearly all of it is automated, and relies on the established trader’s moves. Copy trading, similar to other automated trading strategies, also removes the element of emotion from your decisions and performance.

An experienced trader who would like to share their knowledge and trading strategy with others can become a Master Trader. In doing so, they also earn additional profits from their dedicated followers, since no one acts as a copy trading master without being reimbursed for it.

Currently, Bybit supports crypto copy trading only for the Derivatives markets. Traders whose strategies are followed earn 10% fees on profits generated by their followers. 

A Master Trader is a trader whose strategies and moves are being copied by others, known as followers. Master Traders have a track record of great performance and positive returns. You wouldn’t want to copy their trades otherwise, would you? They don’t necessarily need to be the biggest names in the market, or have millions of traders following them on social media. Massive fame and celebrity-like status are, thankfully, not a requirement. Great Master Traders often maintain low profiles but deliver results in terms of profitability and 

The primary profit source for Master Traders in copy trading comes from the fees charged on their followers’ returns. Because copy trading is automated, attributing the profits earned by a follower to a specific Master Trader is easy. As noted above, 

In addition to this main profit source, Master Traders also benefit from their activity indirectly by creating a follower base, a great reputational benefit for any trader.

Choosing a good Master Trader (MT) is undoubtedly going to be the key element in your copy trading strategy, particularly if you’re a novice trader. 

To begin, familiarize yourself with the four categories on the Master Trader page, tailored to different risk appetites: 

— Those willing to take high risks for high rewards in the short term

Traders With the Highest Profit for Followers 

— Traders looking for long-term consistent profitability

— More conservative traders seeking greater risk and capital management

Grasping these distinctions can help you align your risk appetite with the trading approaches of the top MTs, resulting in a smoother copy trading journey and higher chances of success.

category appeals to those seeking significant returns in the short term. Master Traders in this grouphave achieved the highest ROI in the last seven days, thereby indicating that they may possess excellent trading skills or have made some high-risk, high-reward trades. 

However, it's important to recognize that high short-term ROI doesn't necessarily guarantee long-term sustained profitability.

If you’re looking at long-term consistent profitability, the section entitled 

Traders With the Highest Profit for Followers

 showcases Master Traders who have earned the highest profits (in USDT) for their followers. Consistent profitability indicates that these MTs could produce reliable profits. 

Nevertheless, past performance doesn’t guarantee future results, and you should still exercise caution by assessing the Master Trader's abilities and the risks involved.

 category is ideal, consisting of Master Traders who have achieved an ROI of over 10% and a maximum 

 of less than 20% in the last 30 days. These MTs typically demonstrate better risk management strategies and capital management abilities, making them more attractive to conservative traders who prioritize preserving their capital.

 section caters to those interested in day trading. MTs in this group are intraday traders who have achieved an ROI of over 20% and a win rate of more than 20% in the last seven days. Their high returns within a short period — coupled with a higher success rate — suggest that they possess good market insights and quick decision-making abilities suited for intraday trading.

Tips on Choosing the Best Master Trader for You

While Bybit already helps you filter out the top traders according to your risk appetite, here are some tips that will help you make an informed decision when choosing a Master Trader.

The overall profit and loss figures for a trader over a long-term period are the critical indicators to look at. There’s no point in following an MT who isn’t posting solid return figures.

Besides the overall return figures, it pays to look at the 7-day profit and loss (P/L) ratio. This measure will tell you how successful a trader has been in the most recent period. For instance, a P/L ratio of 100:1 indicates that over the last 7-day period, the Master Trader has lost $1 for every $100 earned.

On most copy trading platforms, you can view the total profit each Master Trader has helped their followers to earn. This is referred to as cumulative profit. Since profit is cumulative, the more followers an MT has, the higher their total profit. A trustworthy Master Trader will have many followers since they’ve proven their success in trading over a long period.

A Master Trader’s overall trading volume is also useful data. It may reveal both Master Traders who are very active and consistent (high trading volumes), as well as those who are more efficient (lower volumes coupled with higher total profits).

Perusing a Master Trader’s past trading history is a great way to gain insight into their style of trading. At the end of the day, you’ll need to be comfortable with the trading style, including the risk tolerance, of your chosen Master Trader.

Any trader who develops the ability to consistently and reliably turn a profit might be a candidate to be an Master Trader. To become a successful trader whom others want to copy, you‘ll need to master the following competencies.

Master Traders have to be well-versed in the key techniques of 

 in order to analyze crypto price patterns and trends.

While reliance on technical analysis of price charts is essential, it isn’t sufficient to become successful. Master Traders also need to understand 

 of the crypto market in order to stay on top of industry developments, and to target asset specifics, environmental and political factors, and more.

Ability to Adapt Trading Strategy to Market Changes 

The crypto market in particular is characterized by its volatile nature. Having strategies to successfully deal with volatility is key to profitable trading and, in turn, becoming a Master Trader.

A Master Trader differs from someone who is simply “good at trading.” A good trader might be in the game for short-term gains. A Master Trader, on the other hand, must instill confidence in their ability to lead their followers. This requires a long-term focus and the ability to earn trust.

Great Master Traders aren’t only profitable: They also excel at sharing valuable, qualitative knowledge with their followers — or indeed, with anyone motivated to listen to them online. Online publications, such as market analysis blog posts and industry opinion pieces, are a great way for Master Traders to enhance their reputations as traders worth copying.

Being a Master Trader is a great source of additional profit for experienced traders. At the same time, it creates additional responsibilities. Master Traders on most platforms, including Bybit, may be subject to penalties if caught in any form of 

, the first prerequisite is that you must not be following another Master Trader. You can also register only one Derivatives Master Trader account, and need to deposit a minimum of $100 or equivalent to start.

 for aspiring Master Traders to graduate into full Master Trader after completing the induction program. Under the Gear Up program, you first submit your application, become prequalified, and then graduate into a full Master Trader by completing a set of compulsory tasks. These include a minimum of three trades with a profit of at least 50 USDT, reading the penalties for malicious traders, and joining the platform’s Telegram group.

As a Derivatives Master Trader, you can place your trades via either the 

 page. In either case, you’ll need to transfer the funds required for your trades from your main Derivatives account to your Copy Trading account. You’ll be able to specify options for your trading pair, trade direction (long or short), order type (limit or market), order price for limit orders, and leverage.

Copy trading is a great way for novice crypto traders to become profitable from Day One of their trading activities by following an established Master Trader. More experienced followers can also improve their returns and save time by adopting copy trading. For Master Traders, copy trading represents a great avenue for additional profits. Thus, no matter your trading experience or success rate, you can reap significant benefits from copy trading.

How to Choose a Master Trader to Magnify Profits (Complete Guide)

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards