YFX.COM: The Decentralized Cross-Chain Perpetual Contract Exchange

 

 

10th April, 2021, YFX.COM is one of the world’s first decentralized cross-chain perpetual contract exchanges. While other trading platforms that provide leverage alternatives exist, YFX.COM is trailblazing a decentralized alternative to centralized exchanges and perpetual futures trading without a central intermediary. YFX.COM does this by taking advantage of different protocols across the cryptocurrency landscape.

 

Blockchain Protocols

Through a culmination of blockchain protocols YFX.COM is allowing traders to participate in trading BTC, ETH and other cryptocurrencies with up to 100x leverage. These cryptocurrencies are now available to be traded across these blockchains: 

 

  • Ethereum
  • Tron
  • Binance Smart Chain
  • Heco
  • OKEx Chain
  • Polkadot. 

 

Through the advent of QIC-AMM, a state of the art protocol, YFX.COM provides high liquidity with low slippage for users of our ecosystem. QIC is an acronym for Quoted Index Price. QIC pulls quoted prices from centralized exchanges and traders can open and close positions with our first of a kind automatic market maker for derivatives. 

 

QIC is calculated through dynamic depth of indices, price quotation and constant integral. The depth of a transaction is correlated to the amount of liquidity of the market maker’s capital pool. This combination of protocols allows for YFX.COM to be an efficient leverage trading platform on the market.

 

No KYC or Gas Fee’s

Additionally, YFX.COM is able to achieve all of this without KYC and gas fees. As many traders know, gas fees have been a major issue lately. Eliminating gas fees gives YFX.COM another major advantage against all competition. The platform also allows for traders to trade efficiently and secure their profits without major loss from expensive network fees. 

 

YFX.COM has achieved nearly zero network fees through use of layer-2 [L2] scaling solution, xDai Chain. xDai Stable Chain is a side chain to Ethereum and is far more efficient than the ETH mainnet currently. The transactions are more convenient and the fees are a fraction of fees on ETH mainnet. 

 

1st Prize at Tron 2021 Global DeFi Hackathon

Last week YFX.COM won 1st Prize in the Tron 2021 Global DeFi Hackathon Developer Contest. This was a great achievement for YFX.COM and we’re thankful for this opportunity put on by the Tron Foundation and Justin Sun. YFX are committed to the blockchain space and look forward to participating in more events to help advance this industry. 

 

Genesis Mining II 

On April 6, the YFX.COM Genesis Mining II event began at 20:00 (UTC+8). The event will run through April 16 and is a competition for traders and miners to compete against others and earn YFX.COM tokens in the process [which are not available anywhere on the market]. Through just 12 hours of trading, volume has reached over $1 billion and our liquidity pool is over $10 million U.S. dollars which exceeds Uniswap’s activity. 

 

CertiK Audit Completed

Additionally, CertiK has recently completed their security audit of YFX.COM. Traders and users of our platform can rest assured that the protocols are up to standard as we’re committed to providing the best product for our base.

 

For more information about YFX.COM, please visithttps://yfx.com/index.html 

Follow YFX.COM on Twitterhttps://twitter.com/YFX_Defi 

Read about YFX .COM on Mediumhttps://yfxdefi.medium.com/ 

Join the Telegram grouphttps://t.me/YFX_EN 

 

Media Contact Details

Contact Name: Kivi Zhang

Contact Email: kivi@yfx.com

 

YFX.COM is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest

 

Source: thinkbitcoins

CPROP and SeriesOne Announce Joint Venture to Build and Operate  Digital Asset Securities Exchanges

Bitcoin Press Release: CPROP and SeriesOne have joined forces to form SeriesOneX, a company that will build new digital asset securities exchanges across the globe. 

 

1st April, 2021, Kentucky, USACryptoProperties LLC (“CPROP”) is pleased to announce it has formed a joint venture with SeriesOne Securities LLC (“seriesOne”), a US-based FINRA-registered broker. The new company, seriesOneX LLC, will focus on building securities exchanges in key financial centers around the world to serve as a regulated marketplace for digital asset securities. 

 

SeriesOneX Exchange

The first exchange is planned to be located in Liechtenstein, a European financial center and member of the Economic and Monetary Union of the European Union: A country which has created an enabling framework for such blockchain-based exchanges. SeriesOne has already conducted the market research and laid the groundwork locally to launch the project. 

 

Sandy Selman, Co-Founder of CPROP commented: 

“The alliance with seriesOne is key to helping us realize our commercial objective of leading the long-anticipated evolution of regulated securities exchanges, particularly for real estate-backed securities. While we have invested our resources in developing the exchange design and software, the ability of seriesOne to deliver liquidity is a critical component to ensure its success.”

 

CPROP Virtual Summit

CPROP’s virtual summit, “The Future of Exchange-Traded Digital Asset Securities”, features Liechtenstein’s Director of the Office for Financial Centre Innovation at the Ministry for General Government Affairs and Finance. The discussion will focus on how the country has positioned itself to host digital exchanges. SeriesOneX plans to leverage its success in Liechtenstein to build additional exchanges in other financial centers, including a location in the United Arab Emirates.

 

CPROP Co-Founder Luke Sestito added: 

“SeriesOneX will function using the CPROP ecosystem and bring real value to our token holders. With the rapid expansion of the DeFi market, we see an opportunity to harness the DeFi strategies being implemented by seriesOne and their new Yieldster platform” 

 

SeriesOne To Launch DeFi Fund

SeriesOne is launching a Bahamas-based decentralized finance (“DeFi”) fund, YieldsterTM, designed for institutional investors and family offices to help them invest in digital security markets. The seriesOne team hopes Yieldster will eventually reach as much as $1 billion in AUM and can help jump start the Liechtenstein exchange by providing liquidity. 

 

Michael Mildenberger, CEO and Co-Founder of seriesOne stated:

“We believe that our joint venture with CPROP will significantly accelerate digitization of the financial services industry and make investing in digital asset securities accessible to all mainstream investors”, 

 

SeriesOneX

The combination of CPROP’s state of the art exchange technology and the new seriesOne Yieldster liquidity engine places seriesOneX in an optimum position to establish digital asset securities exchanges across the globe. 

 

About CPROP

CPROP develops and deploys proprietary and white-labelled applications across the real estate value chain – harnessing blockchain where appropriate – to help its partners and clients reduce business risk, address pain points and capture new revenue opportunities. The CPROP token is listed on ProBit Exchange and can be traded against ETH. 

 

About SeriesOne

seriesOne is a leading US-based fintech company and FINRA-registered broker/dealer offeringdigital financial products. seriesOne consists of a global team of professionals with strong investment banking, compliance and technology backgrounds. In addition to its offices in Miami and New York, seriesOne is present in Zurich, Seoul and Singapore.

 

Media Contact Info

Contact Name: Luke Sestito

Contact Email: luke@cprop.io

 

Learn more about SeriesOne – https://seriesone.io/

Learn more about CPROP –  https://cprop.io/

Buy the CPROP token on Probit Exchangehttps://www.probit.com/en-us/

 

CryptoProperties LLC is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Source: thinkbitcoins

PARSIQ’s IQ Protocol Launches, Powering the Tokenized-SaaS Ecosystem of the Future

Press Release: PARSIQ launches its highly anticipated IQ Protocol – the first risk-free collateral-less decentralized finance protocol built specifically for the Software-as-a-Service (SaaS) market. 

31st March 2021, Tallinn, Estonia – PARSIQ has launched their revolutionary IQ Protocol on testnet (Ethereum) – a decentralized finance (DeFi) solution for the SaaS market. IQ Protocol is the world’s first risk-free, collateral-less DeFi protocol to tokenize SaaS subscriptions in the DeFi space with a circular economy. IQ Protocol features several standard DeFi services, including staking, lending, and borrowing. 

The launch marks PARSIQ’s official entry into the DeFi space. If the testnet release is successful, IQ Protocol’s mainnet is scheduled to launch in Q2 this year, and the team already has interest from several DeFi projects. Furthermore, the PARSIQ team is considering launching the mainnet on several other chains, including Binance Smart Chain (BSC), and Solana (SOL), with which PARSIQ has already integrated.

IQ Protocol & Power Tokens 

The IQ Protocol brings a new perspective to DeFi solutions for the mainstream environment. Not only is the maintenance of the protocol’s network fully-trustless, but the protocol itself is open-source. Additionally, PARSIQ’s innovative decision to remove the requirement of collateral to participate in or build on IQ is another first for the DeFi space, nullifying the risks associated with DeFi participation.

IQ Protocol also takes an innovative approach to token utility through the introduction of Power Tokens. Unlike conventional utility tokens which represent a fixed amount of utility, Power Tokens generate utility over time. Therefore, holders of Power Tokens “subscribe” to utility rather than possessing a fixed quantity.

For example, the conventional “tomato token” would represent rights to collect 1 kg of tomatoes, whereas a Power “tomato token” (with weekly flow and expiry in 1 year) would represent a right to collect 1 kg of tomatoes per week for a year.

Power Tokens are housed in a “Power Enterprise” – a series of smart contracts which aggregate several IQ Protocol features, including governance, funding, and the ability to mint new Power Tokens.

The shift to a subscription-first model provides huge performance benefits for blockchain-based networks including off-loading a significant load of transactions away from the main-chain. And in the best case, most main-chain transactions aren’t needed anymore.

Tokenomics 

A new, upgraded tokenomics model also accompanies IQ’s launch, requiring users to hold PRQ, PARSIQ’s native token. IQ allows users to borrow or “rent” PRQ via IQ Protocol by paying a fee. In effect, they pay a subscription fee, with the proceeds rewarding lenders in a risk-free fashion. Accordingly, IQ’s model rewards holding in a simple but effective way which also ensures the long-term security of its network.

Strong Partnerships & Developments

IQ’s launch comes after a successful start to the year for the PARSIQ team. The current network recently integrated with the Solana ecosystem, allowing SOL users to combine data streams and write custom scenarios using PARSIQ’s user-friendly scripting language.

PARSIQ also integrated its Smart Triggers feature with data marketplace platform Ocean Protocol. The integration gives Ocean users the ability to automate reactions to specific data inputs using PARSIQ’s unique monitoring solution. 

This was also extended to Binance Smart Chain (BSC), with BSC users able to benefit from the same Smart Triggers feature. As part of the BSC integration, PARSIQ also became part of Binance’s $100 million accelerator fund as part of the top-exchange’s efforts to encourage innovative new projects to build on BSC. 

Moreover, PARSIQ has integrated with several other projects in the DeFi space, including Balancer, PAID Network, Injective Protocol, and many more. For more on these integrations, check out PARSIQ’s blog

About PARSIQ

PARSIQ is a next-generation blockchain analytics platform built to connect blockchain activity to off-chain applications and devices. It provides a number of innovative solutions for actionable data including customizable event-based triggers, data monitoring solutions, and real-time automation targeted at the SaaS space. 

For more about IQ Protocol, PARSIQ, and its future plans, visit PARSIQ’s website.  

Connect with PARSIQ on LinkedIn: https://www.linkedin.com/company/parsiq/

Follow PARSIQ on Twitter: https://twitter.com/parsiq_net

Join the PARSIQ community on Telegram: https://t.me/parsiq_group

Read PARSIQ’s blog on Medium: https://medium.com/parsiq 

Media Contact Details 

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com 

About Bitcoin PR Buzz 

Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 9 years. Get your Bitcoin Press Release Distribution today.

PARSIQ is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

The post PARSIQ’s IQ Protocol Launches, Powering the Tokenized-SaaS Ecosystem of the Future appeared first on NullTX.

Source: null tx

Source: thinkbitcoins

Real-Time Bitcoin Betting Game Bull vs Bear Creates a Major Buzz in the Gambling and Crypto-Markets

Press Release: Bull vs Bear – Play the World’s First Bitcoin Knockout Tournament

23rd March 2021, Curaçao N.V. – New and innovative, Bull vs Bear is set to be the biggest breakout online gambling platform in 2021 and take the Bitcoin experience to a whole new level of fun and excitement. Suitable for beginners, Bitcoin traders, online gamblers and the wider public who fancy a flutter, Bull vs Bear is the ultimate in putting your bets, wits and skills against Bitcoin’s positive and negative price swings.

What is Bull vs Bear?

Built by Ziggurat Curaçao N.V., the Bitcoin betting strategy game is set to be a major disruptor, not only in the gambling space but to fill a gaping hole in the emerging cryptocurrency industry. Bull vs Bear will converge the two worlds of gambling and Bitcoin in real-time.

Bull vs Bear will take pride of place in an online global gambling market, set to be worth $92.9 billion by 2023. But the game’s beauty – and a major differentiator – lies in its simplicity.

How To Play

Players using Bull vs Bear can try their luck or strategy by betting on Bitcoin’s price movements within a 5-minute timeframe. The rise or fall of Bitcoin’s price can be predicted based on their gut reaction, technical analysis or by mimicking another predictor.

Winning payouts are algorithmically determined in the last millisecond of each betting period. Statistically, players have the chance to win about 50% of the time. Payouts are determined on the level of risk: the greater reward to those who bet against the crowd.

Bull vs Bear uses third-party pricing data from Coinbase Pro API at predefined intervals. This provides assurance that the outcome cannot be manipulated.

In real-time, players can monitor leaderboard standings and see whether the most recent games were “Bull” or “Bear”. Progressive jackpots will be offered to those who build a high enough winning streak to reach the top of the leaderboard.

Great For Experts And Novices

The application is designed for players of all abilities and levels to compete against each other in a fast-paced fun environment. Absolute beginners can learn and understand Bitcoin’s price movements by following experienced daily traders’ predictions and charting gurus.

Bull vs Bear will provide a free-to-play mode where players can trial the application, climb the leaderboard and win the jackpot without depositing Bitcoin. Players who make the leaderboard can link their Twitter profiles in the posted standings, giving greater credibility to leaders who want to attract novices to mimic their wagers.

Registration

Bull vs Bear is currently accepting pre-registrations. New players who refer a friend to the service before launch will receive a 100% first deposit matched bonus up to ₿0.01.

Regional Restrictions

Bull vs Bear is not available to citizens and residents of Australia, Aruba, Bonaire, Curaçao,  France, St. Maarten, Saba, Statia, Singapore, the Netherlands, the United Kingdom, the United States and/or any other jurisdiction where online gambling is illegal are prohibited.

About Ziggurat Curaçao N.V. 

With a focus on financing and scaling the next generation of e-commerce startups, Ziggurat Curaçao N.V. is registered, authorized and regulated in Curaçao under license number 149402. Bull vs Bear operates under License number 8048/JAZ 2019-03 issued to Antillephone N.V.

Have fun, play responsibly. 

 

For more information about Bull vs Bear, please visit – https://bullvsbear.to

Follow Bull vs Bear on Facebook –  https://www.facebook.com/bullvsbear.to

Follow Bull vs Bear on Twitter –  https://twitter.com/bullvsbearto

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com

The post Real-Time Bitcoin Betting Game Bull vs Bear Creates a Major Buzz in the Gambling and Crypto-Markets appeared first on NullTX.

Source: null tx

Source: thinkbitcoins

1xBit Casino Users can Now Bet with Provably Secure Cryptocurrency Cardano (ADA)

Bitcoin Press Release: Leading betting casino and sportsbook 1xBit has added support for the top 5 cryptocurrency Cardano (ADA). 

22nd March 2021, Limassol, Cyprus – Cardano (ADA) has been one of the success stories of the 2020/2021 crypto bull market and has soared into the Coinmarket top 5 over the last few months with no sign of slowing down. As a leader in the crypto betting industry 1xBit casino recognises that the provably secure nature of the ADA token makes it an ideal option for the crypto betting industry and has now added it to the growing list of supported currencies on its online casino and sportsbook. 

What is Cardano?

Much like Ethereum, Cardano is a smart contract platform that was conceptualized by Charles Hoskinson (one of co-founders of Ethereum). Being a smart contract platform, it allows users to exchange money and assets (property, shares, and stocks) while maintaining maximum transparency and eliminating the need for a middleman. 

However, what is new and unique about Cardano (and the blockchain technology that it utilizes) is that it has been developed using scientific philosophy and peer-reviewed academic research. It is the first of its kind to make use of ‘high assurance code’ to standardize, protect, and promote the Cardano protocols. Active Cardano users are awarded in the ADA utility token for their participation on the network.

How Does Cardano Compare to Bitcoin and Ethereum?

Satoshi Nakamoto’s concept of Bitcoin was revolutionary when it was first conceived. It was the first cryptocurrency that leveraged blockchain technology to offer a decentralized finance counterculture that did not involve the government or any other middleman. However, the problem with these first generation blockchain(s) was that they did not allow for complex conditions to be added to transactions. 

Ethereum sought to resolve these problems by offering smart contracts that improved the utility of cryptocurrencies that utilized blockchain technology. The Ethereum network gave developers the opportunity to create applications that use a programming language running on blockchain.

To date, it is the most evolved form of blockchain technology that focuses on resolving concerns about scalability, interoperability, and sustainability. This is why Cardano (ADA) offers much promise and may even revolutionize the cryptocurrency landscape.

Probably Secure ADA Perfect For Crypto Casino Games

One of the most popular uses for Cardano is gambling: betting and playing casino games because of how it has been deemed ‘provably secure’ (player-friendly mechanism that ensures there is no foul play). That’s why 1xBit is excited to welcome and embrace Cardano (ADA) on its casino and sportsbook. 

What are the Benefits at 1xBit?

1xBit is an online casino & sportsbook where fun meets crypto: the list of cryptocurrencies has already reached 30, including EOS, BNB and now Cardano!

For anyone wondering why they should join 1xBit? Some of the benefits include: 

  • Welcoming bonus. All newcomers are rewarded with a 7 BTC welcome bonus for the first 4 deposits. We want you to have a jolly good time!
  • 30 cryptocurrencies. 1xBit is cryptocurrency-friendly. Now that we accept Cardano (ADA), it is about to get all the more fun here!
  • Anonymous casino. You do not have to input any private or personal information to get started on 1xBit. Enjoy 100% anonymity.
  • Multi-currency account. We have 100+ game providers and 5000+ slots at 1xBit, all of which can be enjoyed through your multi-currency account.

Hop over and join in on the fun at 1xBit!

For more information about 1xBit, please visithttps://1xbit.com/

Check out the official 1xBit blog for the latest articleshttps://1xbit.com/blog/

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com

1xBit is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

The post 1xBit Casino Users can Now Bet with Provably Secure Cryptocurrency Cardano (ADA) appeared first on NullTX.

Source: null tx

Source: thinkbitcoins

Fun NFT Art Project Degenasaurs is Live

Press Release: Fun NFT art project Degenasaurs drop starts now, and twitter competition to win animated REKT NFT is open to all.

Degenasaurs is a fun art project and experiment made from pure love for art, crypto, and NFTs. Even before the collection was put up for sale fans started making offers, and number #001 sold before the first drop went public.

As Degenasaur said in an interview:

Degenasaur is fun art project. All Degenasaur have different raaaarities, with some being ultra raaaaar. Only 128 Degenasaur arrive here need friends!

All Degenasaurs have different metadata and attributes. There are 7 legendary animated backgrounds and one Degenasaur was created by an AI that was trained using all the other images as its dataset.

The other 127 NFTs were randomly created off-chain with a variety of software tools from hand crafted pixel elements, before being summoned as unique ERC 1155 tokens on the Ethereum blockchain.

Degenasaurs will continue dropping over the coming weeks, and there are plans to possibly reward all Degenasaur holders with special rewards in future.

Degenasaur hopes your new dino friends bring you as much joy as they do to us.

Visit the Degenasaur website: http://degenasaurs.com

Enter the twitter competition to win Legendary REK NFT: https://twitter.com/degenasaurus/status/1373029004039577606?s=20

Follow on Twitter: https://twitter.com/degenasaurus

Join the Discord: https://discord.com/invite/VKyCJzKR

See Degenasaurs on Opensea: https://opensea.io/collection/degenasaurs

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today. 

Degenasaurs is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

The post Fun NFT Art Project Degenasaurs is Live appeared first on NullTX.

Source: null tx

Source: thinkbitcoins

Get Lucky with the St Patrick’s Day Tournament at 1xBit Casino

 

Lucky PatrickBitcoin Press Release: Players can try their luck at the 1xBit casino tables with the St Patrick’s Day “Lucky Patrick” tournament.         

             
15th March 2021, Limassol, Cyprus – The smell of mouth-watering corned beef and cabbage along with the delicious aroma of classic Irish stew lingers around the room. Meanwhile, there are other people who are dressed in vibrantly green-colored costumes and excitedly march around in parades outside the party hall. When you find a four-leaved clover on you, you are in for great luck at this tournament!

                                                                                                                                                                                                                                                          Try Your Luck This St Patrick’s Day

Everyone is welcome to join in on the St. Patrick’s Day festivities at 1xBit, just remember to dress in green attire with shamrock leaf symbols across it. It is a prerequisite for partying at the 1xBIt LUCKY PATRICK tournament! So, gather horseshoes, four-leaved clovers, spring heather, and a rabbit’s foot for the event!

                                                                                                                                                                                                                                                  Having Fun Means Following A Few Rules

Mythical creatures do not enjoy when people break rules. If you wish to have a festive and splendid time at the Lucky Patrick tournament on 1xBit, then here is what you need to do: Play the following thematic slots: 1st of Irish, Ryan O’Bryan and The Celtic Fairies (from Red Rake Slot Provider), Emerald King, Emerald King Rainbow Road, Wild Wild Riches, Leprechaun Song, Irish Charms (these are from Pragmatic Play), Lord of Luck, Lucky Clover, Clover Party, Full of Luck, Pot’O Luck, Clover Wheel, Wild Clover, Treasure Hill (from CT Gaming): The more you play, the more tournament points you get and the bigger prizes you will claim: 

                                                                                                 
1st place –  50 mBTC 2nd place –  20 mBTC 3rd place –  15 mBTC 4th place –  10 mBTC 5th place – 5 mBTC

Fantastic Features

1xBit is a true lover of festivities as well as of crypto. Here are just some of the features we would like to offer: Welcoming Bonus. Upon joining, you can collect up to 7 BTC bonus for the first four deposits. 30 cryptocurrencies. We are crypto enthusiasts, which means that we are always refining our system to accept new altcoins. Full Anonymity. When you play games at 1xBit, no one has access to your personal information. Enjoy an anonymous playing experience! Multi-currency account. Switch between any coins you like at any moment!

Trusted Providers. We have 100+ game providers and 5000+ slots at 1xBit, which ensures that there will never be a dull moment. Live dealers. 1xBit provides an engaging and mesmerizing experience online. Our live dealers keep games excitingThis Irish holiday is about to get a whole lot of fun at 1xBit. Hop on over!

For more information about 1xBit, please visithttps://1xbit.com/
Check out the official 1xBit blog for the latest articleshttps://1xbit.com/blog/

Media Contact Details
Contact Name: Bitcoin PR Buzz Press Team
Contact Email: press@bitcoinprbuzz.com

1xBit is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

Source: thinkbitcoins

Lien Protocol Brings Crypto-Native Options to Binance Smart Chain

Lien to create a Crypto-Native Option protocol using Binance Smart Chain, BNB Option now available via “Lien on BSC”.

12th March 2021, Lien Finance, a decentralized platform on Ethereum, uses blockchain technology and smart contracts to create varieties of options out of ETH including call options, put options, and exotic options such as the butterfly option. Users are able to fine-tune their positions according to their own risk appetite by creating and selling options.

This functionality is now available on Binance Smart Chain (BSC). Users will now be able to create options using Binance Coin (BNB).

Why Lien Chose BSC

Lien’s key objective is to develop a genuinely decentralized stablecoin & options protocol that is censorship-resistant. This first targeted goal was achieved by launching Lien Protocol on Ethereum and introducing the iDOL stablecoin, as well as various ETH options. The project is building a layer 2 solution using zk-Rollup, which will allow scaling of Lien while maintaining Ethereum level security.

According to Lien’s team:  

“The technological developments fundamentally progress the Lien project forward towards our ultimate goal of creating a truly decentralized stablecoin and option protocol. We are always looking for innovative ways to increase the user base of crypto-native options, specifically, DeFi option users.” 

The history of derivatives in legacy finance gives us a hint of what is to come in decentralized finance (DeFi).

The team added: 

“When derivatives were first introduced in finance, they were cutting edge financial instruments. Some thought they were scammy; some thought they were a breakthrough in finance. As awareness grew and the public caught on, the use of derivatives exploded.” 

The derivatives market is much larger than the underlying market. Lien is willing to do more by way of experimentation to develop and bring new products to the derivatives market. 

As a result of this experimentation, the team concluded that releasing Lien Protocol on BSC would be one of the best ways to achieve this objective.

BSC features such as low transaction fees and high throughput can allow casual use, a wide selection of wrapped assets, an active user base, compatibility with Ethereum contracts and ERC20 tokens, and an optimal user experience. These are just some of the many reasons Lien’s team chose BSC.

The aforementioned features, as well as the low-cost environment found on BSC, makes the DeFi space accessible for users that were priced out of Ethereum-based DeFi products.

Alpha Version of Lien on BSC in Q1 2021

The company will launch an alpha version of Lien Protocol on BSC in Q1 2021. This will include features such as BNB-based call options and Butterfly options. The contract will be based on Certik’s audited code, deployed to Ethereum.

As per the Lien Token spokesperson: 

“In Q2 of 2021, we plan to release an upgraded version with additional functionalities and options for other tokens.”

In addition, Binance Lien will be released on BSC, which will allow the Lien token to be used within the BSC ecosystem.

Media Contact:

Email: contact@lien.finance

Visit the website: http://lien.finance/

Follow Lien on Twitter: https://twitter.com/lienfinance

Join the community on Telegram: https://t.me/lien_finance

Stay in touch via Discord: https://discord.gg/asaFbQQ

The post Lien Protocol Brings Crypto-Native Options to Binance Smart Chain appeared first on NullTX.

Source: null tx

Source: thinkbitcoins

Yield Protocol Listing in Gate.io

The Yield Protocol has announced today via their Twitter handle that their token $YIELD will be getting listed Tomorrow 5th March 12 PM UTC.

DaoMaker Has Introduced the new Strong Holder Offering (SHO) of Yield Protocol Recently and it was a massive success like all other DaoMaker SHOs.

Yield Protocol, the first technology of its kind, was designed to simplify the creation of investment strategies for yield farming. And their listing of Gate.io exchange is no doubt great news to all the SHO participants as well as those who missed the SHO because now everyone will be able to fill their Bags with tokens of this Potential Project,

Their Partnership with Daomaker and other Big Influencing companies in the market already hyped this project among the crypto community and now it is very exciting to see where will it go and how will it perform in the wider community of Gate.io Traders

Yield Protocol has made a successful token sale in DaoMaker. Everyone knows that Yield Protocol is an open-source platform that enables everybody to execute yield farming and trading strategies on the Ethereum Defi ecosystem. This technology is simple and can secure smart contracts. The first product built on Yield Protocol is YieldShielD.com. Yield Shield is an algorithmic DeFi farmer that began its development in June 2020. After The great success of algorithmic Defi farmer that began its development in June 2020. After the great success of Orion and Open predict in 6 months. Supported by DaoMaker, Yield Protocol uses the Ethereum blockchain as the core network, which has the highest number of Defi protocols built upon it, hence the highest protocol aggregation in order to provide the best APs to its users. The team used this high-level programming language for the Factory smart-contract. Personal smart-contract, The Investing Contract, and the pool contract, There are collections of Libraries that allow you to interact with the platform seamlessly. 

$YIELD Token Will be listed on Gate.io tomorrow at 12PM UTC. This is very Exciting for Everyone. From Yield Protocol team, to DaoMaker folks and Gate.io Staff and Community to everyone who have been waiting for this moment for months.

Yield Protocol Listing Announcement: https://twitter.com/yield_protocol/status/1367134940278718467

Yield Protocol SHO Result by Gate.io: 

https://www.gate.io/en/article/19548/?ch=en_sm_0221

Yield Protocol Daomaker Page: 

https://daomaker.com/incubation/yield_protocol

Other Yield Protocol Details:

Website: https://www.yieldprotocol.org/

Twitter:  https://twitter.com/yield_protocol

Telegram:  

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Source: null tx

Source: thinkbitcoins

MXC Exchange Lists SCRT, The Data Privacy Asset Of Secret Network

Seychelles, March 2, 2021 – MXC Exchange (www.mxc.com), a fast, safe and simple cryptocurrency exchange for both new and experienced traders, brings its 18th M-Day Session to the community. Secret (SCRT) is the latest M-Day program candidate crypto traders and holders can gain exposure to.

As is customary, MXC Exchange prides itself on protecting user’s interests at all times. This 18th M-Day offering comes with Redemption Right for all participants. Users who do not sell their SCRT tokens within 24 hours after the project goes live on the exchange can have the assets for the exchange of the sale token returned to them.

Similar to other M-Day events in the past, participants will partake in a lucky-draw model:

  1. Ticket claim: 09:00 – 17:00 (UTC+8), March 4th
  2. Draw result will be released at 19:00 (UTC+8), March 4th
  3. Asset exchange will be made at 19:30 (UTC+8), March 4th

Participants can earn eligibility for the 18th M-Day round through trading (spot, margin, and leveraged ETFs for major cryptocurrencies) or holding USDT in your MXC Exchange account. The trading round awards 280 winning tickets of 30 SCRT each, with the USDT round awarding 270 winningtickets for 25 SCRT tokens each. Holders of MX tokens can claim an additional number of tickets based on their trading or USDT positions.

If previous M-Day events are any indication, partaking in the SCRT round is a no-brainer. Going back over the past few M-Day rounds, investors earned a return between 64.83% and 1,300%. That level of performance is only available to those who actively participate in trading on MXC Exchange or have USDT positions in their account.

MXC Exchange Director of Global Marketing Alex Zha states:“We always strive to provide our customers with broad access to different cryptocurrencies and blockchain ecosystems. Secret Network provides privacy-preserving smart contracts, something the industry has never seen before. Through our M-Day event, we want to bring this product to MXC users at an early stage, providing them with significant return on investment potential.”

Secret Network provides secure and private computation over encrypted data. It brings privacy-preservation to smart contracts, something that has not been possible to date. Making use of encrypt data without revealing it to anyone – including network nodes – is a game-changer in the industry. Use cases for this technology include, but are not limtied to – decentralized finance, the healthcare industry, gaming, machine learning, and so forth.

The network consists of secret nodes leveraging trusted execution environments. Network validators must stake the SCRT token to maintain the network. This token is also used for transaction fees and governance voting.

As a Cosmos SDK and Tendermint-based blockchain, Secret Network maintains independent consensus while benefiting from the cross-chain compatibility that Cosmos’ IBC introduces.

You can find more information about Secret Network on the websiteTwitter, and Telegram.

About MXC Exchange

Established in April 2018, MXC Exchange is one of the world’s leading digital-asset trading platforms which offers users one-stop services including spot, margin, leveraged ETF, derivatives trading and staking services. The core members of the team come from world-class enterprises and financial companies, who have rich experience in blockchain and financial industries. We offer the most comprehensive marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks, and formulate their strategies to maximize gains and mitigate risks. For more information, please visit https://www.mxc.com/.

The post MXC Exchange Lists SCRT, The Data Privacy Asset Of Secret Network appeared first on NullTX.

Source: null tx

Source: thinkbitcoins