With investment from Binance and superior cross-chain performance, can Rango bring incremental growth to the DeFi world?

With the boomingdevelopment of the crypto market, cross-chain interoperability has become a vitalfactor driving decentralized finance (DeFi) innovation and rapidgrowth. Recently, BinanceLabs announced its investment in the cross-chain decentralized exchange (DEX) and bridging aggregator Rango to further enhance its cross-chain exchange and bridging capabilities and achieve the expansion of billionsusers. Rango is quickly becoming the leader in this field with its powerfulfunctions and support for multiple major blockchains, such as BTC, Solana, Tron, Cosmos ecosystem, and Starknet. Rango’s interoperability drives the growth of DeFi by making transactions across different blockchain ecosystems easy and convenient. As of now, Rango has supported more than 60 blockchains, more than 70 DEXs, and more than 20 bridges, with a total transaction volume of more than 3 billion US dollars. On June 19 alone, Rango processed more than 2.5 million exchanges for 590,000 unique wallets and handles more than 3,000 organic cross-chain exchanges every day. Rango’s services are accessible through popularwallets and Dapps such as TrustWallet, Exodus, BinanceWeb3Wallet and Compound, demonstrating its wide acceptance and high frequencyusage among users.

This financing was led by BinanceLabs, with participation from Nomad Capital and Foresight Ventures. Although the specific amount of financing was not disclosed, this financing clearly shows that investors are confident in Rango’s prospects. Rango co-founder Vahid Kaya said that with the support of Binance Labs, Rango will further enhance its cross-chain solution to ensure that tokens can be exchanged safely and efficiently on various blockchains. Next, Rango will continue to focus on expanding its infrastructure and integrating more popular blockchains to always be at the forefront of cross-chain transactionsinnovation. Why does Rango attract so much attention and stand out in this field? What are its main products and services? Rango actually runs, what is the result? Next, we will conduct a comprehensive and in-depth interpretation of these issues. What makes Rango unique: Rango’s success relies not only on its extensive blockchain and DEX support, but also on its unique functional design and user experience. As a super aggregator, Rango can perform complex and multi-step exchange operations by combining all DEXs, bridges, and DEX aggregators in the DeFi world. This means that users can easily exchange assets between different blockchains through Rango without having to worry about the complexity of cross-chain transactions. Multi-chain support: The blockchains supported by Rango include BTC, Ethereum, Solana, Tron, Cosmos, Starknet, etc., covering the current most mainstream and development potential blockchain ecosystems. This allows Rango to meet the needs of a variety of users, whether they are advanced traders who need to transfer assets between different blockchains, or novice users who are just entering the world of DeFi. User Friendly: Cross-chainexchange has never been easier with Rango. Traditionally, conducting multi-chain exchanges requires users to be familiar with multiple platforms and user interfaces, but Rango provides a unified and intuitive interface that allows users to easily complete transactions. This design greatly reduces the user's learning curve and attracts a large number of ordinary users.

High Liquidity and Best Price:
Rango aggregates multiple liquidity providers, allowing users to experience lower slippage in high trading volume situations. At the same time, Rango will find bridges or DEXs with the lowest fees and best exchange rates for users, and calculate real-time arbitrage opportunities to ensure users get the best trading experience.

Technical Framework:
Rango’s technical architecture is designed to ensure efficient, secure and scalable cross-chain transactions. Its core consists of three major components: routing API, transaction API and tracking API.

Routing API:
The main function of the routing API is to find the best transaction path through multiple DEXs and bridges, optimizing user experience, fees and output amounts. It supports complex path calculations between different blockchains and ensures smooth transactions.

Trading API:
The Trading API is responsible for checking the availability of pre-conditions, balances and fees, and creating transactions for different types of blockchains, DEXs and bridges. It can handle various complex transactions and track the status of these transactions to ensure that the transactions are completed smoothly.

Tracking API:
Tracking API is used to monitor the blockchain and related smart contracts, such as the 1inchsmart contract on BSC, to calculate statistics and alliance rewards. It ensures transparency and traceability of all transactions, providing users with a safe and reliable trading environment.

Products and Services:
The products and services provided by Rango are designed to solve the pain points in cross-chain transactions. The following are its main functions and advantages:

Multi-chain wallet and dApp support:
Rango’s API is not only available for individual users, but also for multi-chain wallet and decentralized application (dApps) integration. For example, Thorwallet, Brokkr, Thorswap, XDefi, etc. can all use Rango's routing API to realize the exchange between any tokens. By providing a concise API, Rango eliminates the tedious work of developers when handling cross-chain transactions, allowing them to focus on their core values.

Fees Service:
Rango plans to provide a fee service to help users obtain the fees required for transactions more conveniently. For example, users can receive desired on-chain fees by sending Rango tokens, which eliminates the need for them to purchase and transfer small amounts across chains. This feature has not yet been finalized, but once implemented, it will greatly facilitate users’ cross-chain transactions.

Token Economics
Rango’s token economic model is designed to incentivize users and investors while ensuring the sustainable development of the platform. $RANGO is the native token of the Rango ecosystem and is used for governance, rewards and payment of fees.

**Value Capture**: The transaction fees generated through the platform will be used to buy back and distribute to stakers (80%) and fill the **Vault** (20%). The role of **Vault** is Increase trust and cover potential losses. In addition to participating in governance, $RANGO holders can also enjoy some special benefits, such as receiving discounts on transaction fees on other blockchains after paying a certain amount of $RANGO.

Token Allocation: The maximum supply of $RANGO is 100 million, and the allocation is as follows:

1. Team: 20%, with a one-year lock-up period, and will be gradually released thereafter.
2. Private equity investors: 15%, with a lock-up period similar to that of a team.
3. IDO participants: 10%, no lock-up period or short lock-up period.
4. Consultant: 1%, allocated according to specific circumstances.
5. Airdrop: 5%, planned to be airdropped in the first year.
6. Liquidity providers: 10%, rewarded to liquidity providers within two years.
7, Community Fund and Growth Incentives: 39%, for growth incentives and community development.

Competitive Advantages and Market Prospects:

Rango’s competitive advantage lies in its extensive blockchain support and advanced routing capabilities. Compared with other cross-chain solutions, Rango can provide more comprehensiveservices and a better user experience. In terms of market prospects, Rango has huge growth potential due to its unique positioning in cross-chain transactions. As the DeFi ecosystem continues to expand and users’ demand for multi-chain transactions increases, Rango’s market position will be further consolidated. By continuously optimizing its technical architecture and expanding its supported blockchains, Rango is expected to become the absolute leader in the field of cross-chain transactions in the next few years.

Rango’s investors are confident in its future, especially the support of BinanceLabs, which provides it with strong endorsement. Rango is not only leading in technology, but also has obvious advantages in user experience and market coverage. As more and more users and projects choose Rango as their cross-chain trading solution, Rango will play a greater role in driving DeFi innovation and growth.

Future Development and Roadmap:

Rango’s future development roadmap shows its ambitions in the multi-chain field. In the next two years, Rango plans to integrate more blockchains, DEXs and bridges and further enhance user experience.

2024 Q3:

1. Integration: Thorchain, 1inch (Ethereum, BSC, Polygon), TerraSwap & TerraBridge, Lido (Terra, Eth), BinanceBridge, Osmosis
2. Wallet: TerraStation, XDefi, Metamask, BinanceChain, Keplr
3. Others: Launch alliance services and documents

2024 Q4:

1. Integration: GravityDEX, Sifchain, Fantom
2. Wallet: Connect, One
3. Tokens: Complete the token economic model and conduct private sales
4. Others: Design improvements, multi-hop contracts implemented on Terra

2025 Q1:

1. Integration: Wormhole and other bridges, SolanaDEXs (Raydium, Saber, etc.), Arbitrum, ZkRollups, Optimism, xDai, HopProtocol
2 , Wallet: Phantom, Sollet
3, Token: $RANGO token IDO
4, Others: end of testing phase

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