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Taker Protocol Raises $3M to Transform NFT Liquidity and Utilization

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Taker Protocol Raises $3M to Transform NFT Liquidity and Utilization

New York, United States, 20th September, 2021,
Taker Protocol, a crypto liquidity protocol for NFTs, has raised $3 million from a number of reputable investors to build new financial primitives into the burgeoning NFT market.
The round was led by Electric Capital, with DCG, Ascentive Assets, Dragonfly Capital, Spartan Group, The LAO, Sfermion and Morningstar Ventures participating as well.  
Taker Protocol focuses on improving the liquidity available in the NFT market. Due to the unique non-fungible structure of NFTs, existing DeFi primitives are difficult to integrate into the market, resulting in significant issues in terms of overall liquidity. The value of an NFT is extremely volatile and often effectively becomes zero as no buyers can be found at any reasonable price. Furthermore, NFTs are difficult to use productively after purchase and often end up forgotten in the user’s wallet.
Taker Protocol aims to solve the worst of the liquidity issues. Allowing lenders and borrowers to liquidate and rent assets that aren’t cryptocurrencies creates new liquidity streams and opportunities. For Taker, these assets will include NFTs, financial papers, synthetic assets, and much more. 
The TKR token defines membership in the Taker DAO, which has several key functions in the system. In addition to setting loan-to-value rates and other parameters in the protocol, the DAO will also contribute in fairly appraising a particular NFT or NFT collection. This means that each asset supported by Taker will have a guaranteed fair floor price. In return, TKR holders will be able to obtain rewards and receive a portion of platform income. 
The funds received will help Taker launch the full version of the protocol across multiple chains, including Ethereum, Polygon, Solana, BSC and Near. The support of major stakeholders and participants in the NFT ecosystem will also help further development of the project.
Taker DAO contains many different Curator DAOs (Sub-DAOs), each sub-DAO will manage their own whitelist and a floor price for any NFT on their whitelist if the borrower defaults on the loan. We believe that it is best to mitigate the risks for our lenders by carefully selecting the NFT assets that our community desires and trusts the most. Aligning the interest of the DAOs with that of the lenders, we will mitigate the risk exposure for the lenders and optimize the profits for the DAOs. Moreover, each sub-DAO will have its own funds and can choose to focus exclusively on a specific type of NFT assets. For example, it could be artworks-only or Metaverse-only. 
Taker Co-Founder Angel Xu comments:
“We are absolutely thrilled to welcome so many well-established investment funds to the team. Their participation heralds an exciting new phase for the protocol as we seek to address persistent problems in the NFT lending market for the benefit of end-users. This investment will enable us to further optimize liquidation of NFT assets across multiple blockchains, removing the barriers to entry that prevent new players from entering the market.”
“Taker Protocol is using an innovative approach to solve the biggest problem in the NFT space — lack of liquidity. With Taker, we are one step closer to the world where anyone anywhere can use their NFT assets to take out a loan.” (Maria Shen, Partner at Electric Capital)
About Taker
NFT DeFi: Taker is the first protocol to provide liquidity to the NFT market through a DAO. It is a multi-strategy, cross-chain lending protocol for lenders and borrowers to liquidate and rent all kinds of crypto assets, including financial papers, synthetic assets, and more. Taker provides ensured liquidity via our lenderDao infrastructure and extensions that could be integrated into NFT marketplaces.
Contacts

Portal Secures $8.5M from Coinbase, Ventures Arrington XRP Capital and Others to Build Bitcoin-Based DeFi Platform

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Portal Secures $8.5M from Coinbase, Ventures Arrington XRP Capital and Others to Build Bitcoin-Based DeFi Platform

San Francisco, United States, 21st September, 2021,
Portal ,a self-hosted Layer 2 wallet and true cross-chain DEX on Bitcoin that makes atomic swaps between Bitcoin and other digital assets fast, secure, and private, is delighted to announce the closing of an $8.5 million funding round to build a self-sovereign and uncensorable DeFi on Bitcoin. 
The funding round saw participation from Coinbase Ventures, ArringtonXRP Capital, OKEx, Republic.co, Shima Ventures, LD Capital, Monday Capital, GenBlock, Taureon, Autonomy Capital, Krypital, B21 Capital as well as the senior executives and founders of Ethereum, DFINITY, MobileCoin, Tether (USDT), Galaxy Digital, Bitcoin.com, Republic, Centre.io, Polymath, Æternity, Hedera Hashgraph, Blockstream, Reef Finance, GlobeDX, FIO, Portion, and 4K.
Michael Arrington, founder of ArringtonXRP & TechCrunch, said, “Decentralized cross-chain bridging is one of the hardest problems in crypto right now, especially as multiple blockchains gain real traction. We’re excited to see Portal’s Bitcoin-native approach to multichain transfers go live and provide an alternative bridging mechanism to the growing number of active onchain users.”
Brain Johnson from Republic Capital said “Interoperability is a necessity for blockchain to bridge into the mainstream finance world. Republic Capital invested in Portal with this future in mind. Utilizing Bitcoin’s security as an anchor, we believe the Portal and its team are in a unique position to build one of the leading bridges in DeFi.”
Portal offers the speed and liquidity of centralized platforms with the trust minimization guarantees of Bitcoin. From spot markets to options, p2p lending and borrowing, all using on-chain, peer to peer contracts and without third party custody or control, Portal unlocks Bitcoin’s potential to actually decentralize finance. 
At the core of Portal is its Layer 2 and Layer 3 technology, called Fabric, which is an open-source toolbox for deploying censorship-resistant layers on top of the Bitcoin base layer. Fabric enables the completely private, off-chain execution of “smart contracts” for asset issuance, P2P swaps, staking, liquidity, derivatives, and more. 
Portal CEO Eric Martindale said, “By bringing a fast, peer-to-peer, Layer 2 exchange — with the speed of centralized exchanges but with privacy — Portal is delivering on the promise of self-sovereignty for everyone. The current centralized exchanges, false “decentralized” DEXs, custodially wrapped tokens, and censorable ecosystems all threaten Bitcoin’s promise of self-sovereignty. Fabric technology enables Layer 3 privacy on cross-chain transactions and eliminates the need for centralized custodians.”
On why they chose to build on Bitcoin, Martindale commented, “We believe Bitcoin provides the much needed financial infrastructure that the free, uncensorable internet-of-the-future will be built on, and although we are starting with a P2P exchange, our mission is to be The Platform for decentralized, peer-to-peer human interactions… be it communications, financial transactions, or social media.”
The platform uses Bitcoin’s “hash time-locked contracts” to ensure that users retain full control over the funds offered up in trade, preventing counterparty risk and loss of funds. It incentivizes anonymous, self-interested third parties to intermediate transactions between mutually untrusting peers while guaranteeing security. 
The funding announcement comes ahead of Portal’s public token sale on Republic.co launchpad in October.
About Portal
Portal is DeFi built on Bitcoin. It makes DeFi unstoppable with anonymous, zero-knowledge swaps via the first true cross-chain DEX that’s genuinely trustless. It eliminates minting wrapped coins (ie wBTC, wETH) or risky staking with intermediaries. With Portal, DeFi becomes a service that anyone can provide, maintaining anonymity within open, transparent markets with a security model as robust as Bitcoin mining. 
Fabric protocol is Portal’s Layer 2 and Layer 3 technology that enables building censorship-resistant communications, media and one-click cross-chain swaps, all on Bitcoin. 
 For further information, visit: https://portaldefi.com/ 
Contacts

Panther and Polygon are Taking Privacy to New Heights in DeFi

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Panther and Polygon are Taking Privacy to New Heights in DeFi

Midtown, Gibraltar, 21st September, 2021,
Panther Protocol creates private scalable infrastructure for smart contract platforms, DeFi and Web3, and is delighted to announce a strategic partnership with Polygon, the Layer-2 scaling solution often referred to as “the Ethereum’s Internet of Blockchains.”
Panther Protocol, who is building their MVP on Polygon, aims to bring interoperable privacy and compliance friendly selective disclosure mechanisms to the Polygon network. Besides providing technical support, Polygon will help Panther collaborate with projects within its ecosystem in the development efforts of privacy features that empower end users. It will also aid our mission in giving institutions and fintechs a clear path into private and compliant DeFi. 
Polygon and Panther both acknowledge the value of privacy as a basic human right. Panther leverages the zkSNARK technology to let users mint fully-collateralized, privacy enhancing zero-knowledge assets (zAssets) by depositing their digital assets from any blockchain into Panther vaults. They can then use zAssets across the DeFi ecosystem. 
The MVP will allow the first Panther users to get acquainted with zAssets, which provide privacy by default whilst retaining DeFi composability. Minting zAssets can effectively be seen as a shielding mechanism, and burning as unshielding. It will be implemented via a small number of shielded privacy pools on Polygon, keeping balances of zAssets permanently backed 1:1 by native collateral in Panther vaults. 
Expect to see in the Panther MVP:
Shielding and Deshielding of assets – the foundation for zAssets to function
Private transfer of assets
Voluntary Full disclosure of selected transactions and their linkage 
Ability to interact with Panther via web wallet
Panther Vaults
Why launch the MVP on Polygon?
Panther decided to launch our MVP on Polygon (formerly known as Matic) while the $ZKP token will be launched on Ethereum and use Polygon’s interoperable capabilities to bridge tokens over. The project chose Polygon because it has demonstrated its incredible technical capabilities, it has very low fees, which will allow the proper shielding of zAssets, and of course, because of its thriving and rapidly expanding DeFi ecosystem. 
“Polygon’s approach brings scalable, low cost transactions to the Ethereum network as well as a burgeoning ecosystem of DeFi protocols already using their technology. Panther’s partnership will enable zAsset utility between all Panther users in a privacy preserving, scalable and regulatory compatible fashion – opening the doors for true institutional adoption and retail usage,” said Panther Protocol CEO Oliver Gale.
About Polygon
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Polygon aggregates scalable solutions on Ethereum, supporting a multi-chain Ethereum ecosystem and combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system. Polygon solves pain points associated with Blockchains, like high gas fees and slow speeds, without sacrificing on security.
About Panther Protocol
Panther is an end-to-end privacy protocol connecting blockchains to restore privacy in Web3 and DeFi while providing financial institutions a clear path to compliantly participate in digital asset markets. 
Panther provides DeFi users with fully collateralized privacy-enhancing digital assets, leveraging crypto-economic incentives and zkSNARKs technology. Users can mint zero-knowledge zAssets by depositing digital assets from any blockchain into Panther vaults. zAssets flow across blockchains via a privacy first interchain DEX and a private metastrate. Panther envisions that zAssets will become an ever-expanding asset class for users who want their transactions and strategies the way they should always have been: private.
Want to learn more about Panther?
Check out the website.
Stay connected with Panther: Telegram | Twitter | Medium | LinkedIn | Website |
Contacts

Paul Pierce, Phil Ivey, Mr. Beast and Joe Lubin Tonight In Virtue Poker’s Awaited Celebrity Charity Poker Tournament

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Paul Pierce, Phil Ivey, Mr. Beast and Joe Lubin Tonight In Virtue Poker’s Awaited Celebrity Charity Poker Tournament

Xbiex, Malta, 26th September, 2021,
Virtue Poker is excited to host The Celebrity Charity Poker tournament that commences tonight, September 26, at 11 pm UTC.
The tournament will be live-streamed on Twitch . 
Tonight will feature the first of two 6-player tables of the Celebrity Charity Poker tournament.
Tonight’s table will include Hall of Famer and Virtue Poker Team Pro Phil Ivey, BA Hall of Famer Paul Pierce, YouTube sensation Mr. Beast, Ethernity’s Nick Rose, Sam Trabucco – CEO of Alameda (FTX), and Ethereum co-founder Joe Lubin.
All participants will compete for bragging rights and a $100,000 prize pool for charity. The 12 players are spread across seven time zones and various continents. Therefore, the Celebrity Charity Poker tournament will run over multiple days to give everyone a fair chance at winning.
Tournament structure
Every table has six players and will play down until one winner remains. The winners of both tables will face off to claim the Virtue Poker Championship Title and the $100,000 prize pool for charity.
All players select the charity of their choice to receive $2,500. In addition, winners of each table can add $10,000 more for their charity, with the Overall Champion adding another $50,000 to the tally.
Virtue Poker secured the help of Lon McEachern and Norman Chad to provide color commentary for this event’s featured table. 
The Celebrity Charity Poker Tournament can be broken down as follows:
Table 1: 9/26 11 pm UTC
Table 2: 9/28 3 pm UTC
Final Table: Date TBA
Giving Block: For Viewers
The Virtue Poker Celebrity Charity Poker Tournament viewers are encouraged to donate to charitable organizations via The Giving Block. The provider supports a variety of cryptocurrencies and supports several nonprofit organizations globally. Those who contribute to The Giving Block are entered in a 2 ETH drawing during this event. There are multiple 1 ETH prizes for users who complete:
● Joining the Virtue Poker Telegram channel
● Following Virtue Poker on Twitter
● Joining the Virtue Poker email list
Virtue Poker, with the help of Binance NFTs, has created a collection of 11.801 non-fungible tokens. Every NFT represents a card in a 52-card deck. Players who assemble hands and hold the winning hand for each knockout split a $2,500 prize. Additionally, holders of the winning hand for the championship knockout round are entered into a drawing to win $25,000. These NFTs can be purchased from Binance NFTs.
About Virtue Poker
Virtue Poker is a decentralized poker platform that uses the Ethereum blockchain and peer-to-peer networking to provide an online poker site that’s safe, honest and fun. It was founded in 2016 within Consensys, the leading full stack Ethereum software engineering company and incubator founded by Ethereum co-founder Joe Lubin in 2014. Backed by Consensys and stakeholder Phil Ivey, Virtue Poker is on a mission to make blockchain-based betting mainstream. Learn more: https://virtue.poker/
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Currency.com reports 130% client growth in 1H 2021

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Currency.com reports 130% client growth in 1H 2021

Gibraltar, -, 27th September, 2021,
Trading volumes soar by 197% on fast-growing European crypto platform affirming rising levels of crypto adoption among global investors
 Currency.com, the high-growth European crypto platform, today reported a strong rise in global client numbers and trading activity for the first six months ending 1 July 2021.
The number of new clients who opened an account on crypto platform Currency.com increased by 130% in H1 2021 compared to H2  2020. Over the same period,  the crypto platform reported a surge in  trading activity, with the total trading volumes executed on Currency.com across all markets growing by 197%[1].
In the first half of this year,  clients also increased their trading activity on the platform. The total number of trades executed by clients increased by 968% from H2 2020 with notable interest in Dogecoin. The top  traded cryptocurrency markets on the platform in H1 2021 included Bitcoin, Ethereum, XRP, Litecoin and popular memecoins.
These results reflect Currency.com’s growing reputation as a crypto platform of choice among cryptocurrency investors and the rising interest in cryptocurrencies globally.
Vitaliy Kedyk, Head of Strategy at Currency.com commented:
“Our data shows that global adoption of cryptocurrency is firmly entrenched, showing no signs of slowing down. More global regulation, growing institutional interest and the ongoing search for alternative sources of returns in a low interest rate environment are lending support to the burgeoning asset class. More people are turning to cryptocurrencies. As a platform authorised and licensed to provide Distributed Ledger Technology services, Currency.com is well placed to support investors in their journey.”
Strong growth in recent months has been supported by Currency.com’s rapid response to clients’ needs. In H1 2021, Currency.com added 19 new ERC-20 and DeFi tokens to its platform[2]. Plans are underway to add more coins to the platform by the end of the year, such as PanCake Swap, Stellar, Curve DAO Token and TRON, among others.
Commenting on Currency. com’s plans for the rest of the year, Vitaliy said:
“With a mission to enable more people to invest in cryptocurrencies safely and easily, we will continue to enhance our features and offer clients a wide selection of products in line with global regulations and best practices. Supported by our free and extensive education resources, we aim to offer new and existing clients a host of new solutions in 2H 2021.” 
About Currency.com
Currency.com is a high-growth, crypto platform seamlessly linking the booming world of cryptocurrencies with the world of traditional financial assets. The crypto platform is powered by simple, slick and intuitive technology to empower investors to securely buy, trade and invest in popular cryptocurrencies using both crypto and fiat currencies. 
In markets where it is permissible to do so, the crypto platform  additionally enables  investors to trade tokenised equities, tokenised indices and tokenised commodities , thereby allowing more investors to diversify their digital assets beyond cryptocurrencies. To help investors trade with confidence, the crypto platform is fitted with robust risk management controls , transparent pricing  and extensive financial education content.
In 2020, the crypto platform reported a 374 per cent growth in its client base, making it one of Europe’s fastest growing cryptocurrency exchanges platforms. Venture Capitalist Viktor Prokopenya was an early investor in the company through his fund VP Capital.
Currency Com Limited is authorised by the Gibraltar Financial Services Commission to  provide Distributed Ledger Technology services under licence number 25032. The company has  offices located in the UK, Cyprus, Belarus, US, Gibraltar and Ukraine.
To find out more, visit www.currency.com
Media contact
Shamillia Sivathambu
[email protected]
[1] Source: Currency. com trading activity, globally, H1 2021 (1/1/2021-1/7/2021) vs H2 2020 (1/7/2020- 31/12/2020)
[2] *Currency Com does not provide services to clients who live in countries (are residents of countries) in prohibited jurisdictions. For the full list of prohibited jurisdictions, click here. 
Contacts

Panther Protocol and Firo Partner up for Privacy Research

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Panther Protocol and Firo Partner up for Privacy Research

Midtown, Gibraltar, 27th September, 2021,
Panther, which has set out to provide a private scalable infrastructure for smart contract platforms, Defi, and Web3 applications, teamed up with Firo, the company formerly known as Zcoin, that has been developing privacy technology since 2016 and was responsible for the creation of privacy protocols such as Lelantus and Lelantus Spark.
The two companies, which could, to some extent, be viewed as adjacent competitors, decided to cooperate instead and join efforts to accelerate research in the field of privacy.
Panther contributes to the partnership with years of experience in the cryptography and cybersecurity space. Panther’s CTO Dr. Anish Mohammed, for example, with over 20 years of experience in security and cryptography, was an early advisor to Ripple, reviewed the Ethereum orange paper, worked on several projects including Ocean and Boson, and is the co-founder of the UK Digital Currency Association. Another important and notable member of the Panther team is Dr. Arnold Yau, a Ph.D. in Information Security from Royal Holloway, University of London with a 20-year career across academic research, defense R&D, hardware security tokens, financial services, blockchain technology and smart contract security.
Panther enables simple blockchain users, DeFi users, and institutions to exchange value across blockchains and DeFi infrastructure with zAssets: interoperable, fully collateralized privacy enhancing digital assets that leverage zkSNARK technology, while offering a novel price discovery mechanism for privacy. 
For the Panther anonymity pools to function optimally, the size of the anonymity set in its shielded privacy pools is especially important, and one of the additional details of the partnership is that Firo holders will be able to act as privacy stakers and be rewarded for providing their assets into Panther vaults.
Firo, on the other hand, created a simple burn and spend model designed to strengthen privacy while making it more broadly accessible. Through financial privacy, Firo can directly guarantee fungibility, a fundamental feature for free commerce.
Some areas of research where Firo and Panther want to collaborate are privacy technology research, cross-chain bridges and liquidity.
Reuben Yap, co founder and project Steward at Firo says:
“We welcome this opportunity. It is incumbent on advocates of privacy to travel together. Working with Panther, we will have a great opportunity to collaborate on our ZK technologies. Onboarding with Panther will also give us access to other chains and as a result, much increased liquidity.”
Oliver Gale, CEO of Panther welcomed the collaboration.  “At Panther we take our R&D very seriously. Working with Firo will be an interesting challenge. In some ways the Firo product is more like a competitor, but we are keen to trade Firo assets on our InterChain DEX. Both companies are dedicated to the defence of privacy and that creates our common bond.” 
The partnership between Firo and Panther to provide technical collaboration and research between the two companies will look to develop new technology and invest in new ways of deploying zero knowledge proof systems relevant to privacy schemes. This will also allow for the movement of private Firo assets across chains.
Firo and Panther both advocate privacy as a fundamental human right and empower users to regain control of their money. 
About Panther Protocol
Panther is an end-to-end privacy protocol connecting blockchains to restore privacy in Web3 and DeFi while providing financial institutions a clear path to compliantly participate in digital asset markets. 
Panther provides DeFi users with fully collateralized privacy-enhancing digital assets, leveraging crypto-economic incentives and zkSNARKs technology. Users can mint zero-knowledge zAssets by depositing digital assets from any blockchain into Panther vaults. zAssets flow across blockchains via a privacy first interchain DEX and a private metastrate. Panther envisions that zAssets will become an ever-expanding asset class for users who want their transactions and strategies the way they should always have been: private.
Want to learn more about Panther?
Check out the website
Stay connected: Telegram | Twitter | LinkedIn | Website | Medium
About Firo
Firo is a privacy-first digital currency that enables untraceable transactions and true financial freedom from the prying eyes of large corporations, financial institutions, and oppressive governments. Firo advocates privacy as being an expression of consent and enables users to regain control of their money. As a leading technology innovator, Firo’s research team has created the Lelantus and Lelantus Spark privacy protocols presenting a compelling trustless alternative that has influenced
To learn more, visit www.firo.org, follow us on Github, Twitter, Telegram, or subscribe to our YouTube channel.
Contacts

Yield App named official partner of Premier League football club West Ham United

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Yield App named official partner of Premier League football club West Ham United

Talin, Estonia, 29th September, 2021,
 Leading digital asset wealth management platform sponsors Premier League football club just seven months on from public launch   
YIELD App, a FinTech company, is thrilled to announce it has become the Official Digital Asset Wealth Management Partner of top Premier League football club, West Ham United.
This exciting partnership comes just seven months after the public launch of YIELD App in February 2021, demonstrating the growing attractiveness of digital assets to a mainstream audience across the world. 
YIELD App enables its users to invest in digital assets and earn as much as 20.5% annual interest at the touch of a button. YIELD App is challenging the status quo of the traditional investment system and has seen significant growth since its public launch, with 60,000 users and an impressive $400 million of managed assets to date.
YIELD App users will now benefit from the opportunity to experience hospitality at West Ham United home fixtures, through regular competitions throughout the season.
Commenting on the partnership, Justin Wright, Chief Operations Officer of YIELD App, says: “‘We are delighted to partner with West Ham United. The club’s incredible community-driven strategy and its long-term vision for success are on par with ours. We look forward to developing a lasting relationship with the Club and all its fans around the world.”
Nathan Thompson, Commercial Director at West Ham United, said: ‘Today, we welcome YIELD App to the West Ham United partner family. We believe YIELD App will provide our growing fanbase with education of, and access to, some of the best investment opportunities. Our partnership will enable our fans to take advantage of these opportunities regardless of their financial or technical knowledge.’
Please visit the YIELD App blog for more details of the partnership and @YIELDApp across Twitter, Facebook, LinkedIn and Instagram.
About YIELD App
YIELD App believes that everyone should have access to the best investment opportunities. Its mission is to unlock the full potential of digital assets, combine them with the most rewarding opportunities available across all financial markets and make these available to the world. To achieve this, the company provides an innovative digital asset wealth management platform that bridges traditional and decentralized finance in the easiest way possible. For more information, visit www.yield.app 
About West Ham United 
West Ham United is a Premier League Football Club based in London, England. The club was founded in 1895, originally as Thames Ironworks and reformed in 1900 as West Ham United. The club has won the FA Cup on three occasions, in 1964, 1975 and 1980 and currently play their home games at London Stadium.
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Combination of MDEX and Alpaca Finance – BTCHeights

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Combination of MDEX and Alpaca Finance – BTCHeights

MDEX, a well-known DEX on both HECO and BSC chain, announced its collaboration with Alpaca Finance, the largest lending protocol allowing leveraged yield farming on Binance Smart Chain recently, by which users from Alpaca Finance can benefit from farming liquidity pools with massive rewards on MDEX. The first rounds of pool integrations will take place on 30th September, 5th October and 7th October respectively.

This is a win-win collaboration for MDEX and Alpaca Finance. MDEX is the second-largest decentralized trading app in terms of TVL with a total lock-up asset of $2.3 billion (24th Sep 2021) and occupied the first for a long time a few months ago. Alpaca Finance is the largest lending protocol that attracts assets with a total amount of $1.41 billion (24th Sep 2021). MDEX and Alpaca Finance are two stars that have significant market shares in their respective sectors in the Defi space where DEX and leveraged yield farming protocol are naturally combinable. Alpaca Finance will generate more liquidity incentives for users, while the TVL on MDEX will increase to result in a better liquidity performance as multiple pools are integrated with leverage, and the asset exchange involved in several pools will become smoother and more cost-effective for traders.

In the announcement published by Alpaca Finance, it revealed the reasons for this collaboration which is MDEX is the second-largest DEX in terms of TVL and daily trading volume of hundreds of millions of dollars per day and the APR on MDEX are higher for most of the pools Alpaca Finance had added. As MDEX focuses on stablecoin asset pools, Alpaca Finance’s cooperation with MDEX will bring users higher annualized returns (APR). In particular, this integration will utilize the AUM of Alpaca Finance in all safe pools on MDEX and create larger buybacks, burns, and performance fees for ALPACA holders!

The existence of rich trading pairs is one of the reasons why MDEX has been at the top of the DEX sector for a long time. As Alpaca Finance mentioned, MDEX pays more attention to stable cryptocurrencies. In the liquidity farming pool list of MDEX, there are 19 pairs related to USDT, among which, 12 are top mainstream assets, including BTC (B), ETH, ADA, etc., What’s more, pairs related to BUSD are also rich enough to support the exchange between mainstream stable currencies such as USDT, BUSD, USDC, DAI and so on.

As mentioned above, the trading volume on MDEX ranks among the top of the DEX sector for a long time with the help of the trading mining mechanism by which the transaction fees for traders can be negligible.

In the fierce competitive environment where new products appear and disappear rapidly, MDEX keeps its initial intention in mind as a DEX, mitigating impermanent loss for liquidity providers, maintaining low slippage and transaction fees for traders and gradually becoming a decentralized autonomous organization (DAO) for the community to make the platform work more transparent and efficient.

Important Links – 

Official website link: Click Here

Alternative websites: Click Here and Click Here

Ann Channel: Click Here

Telegram Chinese: Click Here

Telegram English: Click Here

Telegram Russian: Click Here

Discord: Click Here

Twitter: Click Here

Medium: Click Here

Youtube: Click Here



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Ardadex Announce public Launch and Set to Usher an Era of smooth driven DEX & NFT marketplace – BTCHeights

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Ardadex Announce public Launch and Set to Usher an Era of smooth driven DEX & NFT marketplace – BTCHeights

Ardadex is the first decentralised finance platform that provides both AMM and NFT Marketplace on cardano blockchain network. Ardadex Defi will power NFT marketplace for Digital Creators, Musicians, Artistes and online creators to Mint & trade digital commodities as NonFungible Tokens for physically redeemable goods using our super sleek, easy to use user interface.

Ardadex will give On Chain Cardano Custom Fit De-Fi solutions in a trusted and decentralized manner. Instead of matching the buy and sell sides in a normal centralized exchange environment, Automated Market Markers (AMMs) employ a peer-to-pool technique to compute asset price algorithmically using a conservation function.

Ardadex NFT platform will usher in a new paradigm of creation and exchange, enabling creators to:

  1. Earn all of the value they’ve created by selling their goods as NFTs at a dynamic price.
  2. Call on their huge following (those with a substantial amount of followers) to participate and buy into the ideas and the products they love early in the process of creation.

What are the advantages of Ardadex Ecosystem

  1. Early Access To Exclusive NFT Drops
  2. Redistribution from every buy, sell and transfer of $Ardan token
  3. Become a liquidity provider on the Cardano Blockchain using AMM protocol and earn passive income.
  4. Trade and transfer to a different address in a single transaction
  5. Trade ADA for any Cardano Native Token
  6. Join liquidity pools to collect fees on ADA – Cardano Native Tokens pairs
  7. Buy ADA or any Cardano Native Token from Yoroi wallet
  8. Participate in a decentralized financial marketplace that is open and accessible to all
  9. Using Ardan as Payment Currency For Fees & Featured Listings
  10. An on-chain referral program has been implemented to incentivize users to invite friends to join the farming. Inviters will earn 10% of his/her friends’ token purchase
  11. Strong ecosystem background.   

Tokenomics

  1. The distribution of Ardan tokens has been carefully designed to create a decentralized, community-driven DeFi protocol that is not controlled by a small group of actors, total amount of one billion (1,000,000,000) Ardan tokens will be minted and will be distributed.
  2. At pre-sale stage, 1 Ardan Token will be sold for 0.001 ADA
  3. At public sale stage, 1 Ardan Token will be sold for 0.003 ADA

Ardadex Token pre-sale is active

Users can be one of the early adopters of the $ARDAN tokens by participating in the ongoing token pre-sale. Interested members can visit our website official and click on the pre-sale link to participate in the first phase sale.

The router setter for the future

With a growing ecosystem of decentralized financial products and several features already planned for future release, Ardadex.finance isn’t just another DeFi protocol but rather, an innovative project to surely watch out for.

Further Information:

Website: https://www.ardadex.finance

Telegram Group: https://t.me/ardadex_protocol

Telegram Channel: https://t.me/ArdadexAnnouncement

Twitter: https://twitter.com/Ardadex_finance

Instagram: https://instagram.com/ardadex_protocol

Medium: https://medium.com/@Ardadex



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DeFi Connect Warms up for DefiPay Launch for More Convenient Payments – BTCHeights

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DeFi Connect Warms up for DefiPay Launch for More Convenient Payments – BTCHeights

DeFi Connect, the African DeFi startup, is excited to announce the coming launch of its payment platform. According to a recent announcement made by its CEO at a conference, DefiPay will be rolling out in the coming weeks.

The project is claiming the attention of the blockchain space with its various real-world use cases. DefiPay will be a pathway for merchants to efficiently run their e-commerce businesses. According to the platform’s team, it works similar to Paystack but runs solely on cryptocurrency payments.

Furthermore, other users can leverage the platform to pay for several services, including shopping, hospital bills, and transport, among others. It will release a mobile application that users can scan goods for the pricing. DefiPay will be usable across the DeFi Connect network to increase the usability of its platform.

DefiPay is the tip of the icing as DeFi Connect has other features on its platform for user convenience. Other exciting news is Hotbit’s upcoming listing of DeFi Connect’s token, DFC, set for September 29. According to the recent announcement made by Hotbit, the DFC/USDT deposit function will launch at 5.00 am. while the trading function starts at 7.00 am. UTC on the same day. Hobbit stands as the third platform listing DFC besides Latoken and PancakeSwap.

Revamping Blockchain Technology

The DeFi Connect platform prides itself as a uniting power for users while offering lucrative opportunities for businesses. It leverages the positive characteristics of blockchain technology, including safety, scalability, decentralization, and real-life use cases.

The platform hopes to shift the dynamics of the global financial sector through innovation. However, finance is not the only sector the platform wishes to revamp. Its extensive usability is spreading into logistics, transport, and health. In the future, it hopes to explore more possibilities through its straightforward implementation capabilities.

One advantage that the platform offers its users is indiscriminate participation. It favors different people within society, including business people, civil servants, and social workers. Networking is at the center of its objectives, providing users with the services they need and businesses with clientele. It targets the unemployed and underemployed, hoping to create progress within African countries.

Moreover, DeFi Connect believes that its platform can extend transparency into businesses and the political arena. In turn, this factor will save time and additional costs incurred with the traditional systems.

DeFi has been a competitive sector within the crypto community, expanding the services that crypto could offer in the past. DeFi Connect’s integration of yield farming on its platform allows users to earn passive income while remaining incentivized.

DeFi Connect Tokenomics

At the core of DeFi Connect’s ecosystem is the DeFi Connect Coin, acting as a bridge between digital currencies and traditional finance. The coin has an initial supply of 200 trillion, with 20% dedicated to its presale, which ended in July.

The rest of the coins are distributed as follows: 60% to yield farming rewards, 10% to promotion, 3% to contest, 5% to development, and 2% to airdrops. DeFi Connect hopes that its coin will receive listings on top exchanges to diversify where it is tradeable.

DFC yield farming is a lucrative opportunity offering users up to 190% APY on your held tokens. As time goes by, the platform will cut down the percentage by increasing DFC’s circulating supply. The coin has earned a listing on CoinMarketCap and Coingecko, making it easier for users to follow its progress.

A Special Focus on Health

As mentioned earlier, DeFi Connect targets different sectors, including transport, digital marketing, and logistics. However, the platform has dedicated a considerable amount of its resources to the health sector. The vision is to provide access to decentralized health-related services on one platform.

DEHIM healthcare is a feature aiming at making health record storage easier for both users and healthcare providers. The only step you need to be automatically enrolled in the system is purchasing the DFC token. You can then monitor your health situation wherever you are while accessing personalized health plans. Furthermore, it strives to protect user health records by leveraging blockchain technology.

One of them is a health insurance marketplace enabling insurance packages providers to list their services on the platform. Furthermore, users can search for whatever plan suiting their health needs. On the other hand, the DeFi Connect health app helps you monitor your vitals and health data. In turn, you can easily keep track of your health conditions and fitness.

The above is a glimpse of the vast array of activities the platform hopes to implement in the long run. To be a part of its growing community and get updates on when some of these features will launch, join DeFi Connect’s Telegram page!



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