Singapore, May 10, 2021 — Currently supported on HECO (Huobi Eco-Chain) and BSC (Binance Smart Chain), CoinWind is a smart yield farming platform that automatically matches pledged tokens to maximize all user revenues.
In the increasingly competitive landscape of DeFi (decentralized finance) yield farming, CoinWind effectively solves issues of both low revenues from single-token mining and high risks from impermanent losses on LP (liquidity pool) mining. Currently the TVL (Total Volume Locked) on the platform is an impressive USD 2.69 Billion.
A Smart Decentralized Finance Management Platform
Positioned as a smart decentralized finance management platform and not simply an aggregator…
A lot has changed in the world of finance in recent years. The traditional bank loan has become harder to attain and start-up businesses have begun to look for alternative methods of raising funds.
The emergence of cryptocurrencies has brought new avenues to those looking for funding, and the new word on the block is DeFi — decentralized finance.
What’s it all about, and why do you need to know about it? Let’s start by explaining what DeFi is and we’ll talk about its potential.
What is DeFi Lending
In a nutshell, decentralized finance is about transacting finance in trustless…
Crypto mass adoption means that it’s time to think about the wider market who will be interested in many of the lower-risk, lower-reward types of DeFi services. Easy-to-adopt as well as customized solutions are necessary so as not to alienate potential users.
In the world of stablecoins and especially fiat-pegged stablecoins in particular, the US dollar has been the undisputed king. Despite the threat of the SEC lawsuit still looming, Tether (USDT) has continued its lead, and together with USD Coin (USDC) and Binance USD (BUSD), represent a combined market value of over USD 60 billion or 92.75% …
Singapore, April 9, 2021 — Yesterday, leading decentralized exchange MDEX.com announced its complete integration with the Binance Smart Chain (BSC). Within five seconds, it reported a TVL (total value locked) of more than USD 500 million. Twenty minutes later, it went up to USD 800 million, forty minutes to USD 1 billion, one hour to USD 1.3 billion and two hours, the figure had gone up to USD 1.5 billion with its 2-hour trading volume surpassing USD 268 million.
Singapore, April 8, 2021 — In a bid to expand its ecosystem, leading decentralized exchange MDEX has integrated Binance Smart Chain (BSC), officially completing the deployment today April 8 at 8.30 PM (UTC + 8). Five seconds after integration, MDEX reports a TVL (Total Value Locked) of more than USD 0.5 billion.
The BSC integration includes functionality in liquidity mining, single token staking, transaction mining and cross-chain asset services. Users can now use the MDEX Bridge to realize cross-chain interoperability between Heco (Huobi Eco-Chain), and BSC.
BSC and Heco Solve Issues of Congestion and High Fees on Ethereum
Singapore, March 30, 2021 — Leading decentralized exchange MDEX recently obtained a 94% security audit score on CertiK, a leading blockchain security firm. Its high score indicates it is amongst the safest leading DeFi (decentralized finance) projects.
CertiK is a leading global blockchain security company, founded by computer science professors from Yale and Columbia Universities. By leveraging cutting-edge technology and expertise, CertiK has performed more than 400 audits and secured over $10 billion in digital asset value. …
Lock up your WBTC, ETH and USDC to mint PAR tokens and earn high-yield APYs through Liquidity Mining Pools.
Singapore, 26 March, 2021 — MiMo DeFi has recently revamped its Web App and Wallet with a simple and straightforward UI/UX and added more cryptocurrencies, such as ETH, WBTC and USDC, for vault lockup to mint Euro stablecoin PAR (Parallel).
Without Spending Digital Assets, Users can Mint Euro-Pegged Tokens
As the world’s first Euro DeFi (decentralized finance) lending platform, MiMo facilitates the minting of PAR (Parallel), a token algorithmically pegged to the Euro. Users lock up their digital assets as collateral…
Well, I am quite biased toward Bitcoin...
But I don't think that's changing any time soon, what with the data I've seen nowadays
For most of 2020, the buzz word in the cryptosphere was ‘DeFi’. The sprawling movements and burgeoning growth in the decentralized exchange space in the last months are now screaming ‘DEX’.
And if the past month is anything to go by, the spectacular moves from Heco-based DEX MDEX.COM appear to have entrenched its Number One leading position as the current DEX king on both Coinmarketcap and CoinGecko.
Recently launched on January 19, 2021, a month later on February 20, the young DEX (decentralized exchange) managed to exceed USD 5 billion in 24-hour trading volumes, which astoundingly eclipsed the cumulative volumes…