12 1 月, 2023

LiquidityFinder Brings Advanced Social Features to Leading Institutional OTC Liquidity Information Platform

LONDON, Jan 12, 2023 - (ACN Newswire via SEAPRWire.com) - LiquidityFinder is thrilled to announce the launch of their upgraded community-driven fintech platform to assist electronic trading businesses and institutional investors in discovering and connecting with well-matched business partners to drive OTC liquidity. As organizations and the range of financial instruments they offer change frequently, providers seeking to enhance their liquidity services are in need of new tools to stay ahead of the competition. New entrants to the institutional liquidity provision space are emerging every month. LiquidityFinder provides the tools to let the market know what their product range is, and makes them immediately discoverable. Consumers of liquidity products also need to be sharp about who provides what instruments at a fair price to enable their business to stay competitive. LiquidityFinder provides tools to simplify this discovery.The new social, partnership and research functionalities developed by LiquidityFinder aim to make it easy for Brokers, Asset Managers, and Proprietary and Professional Traders to keep up to date with the latest changes in the industry, leverage advanced research, and obtain access to the best possible commercial terms for their business. The free-to-use features include complete user profiles and posting, industry forums, and partner matching and messaging capabilities to directly communicate with Prime of Prime (PoP) brokers, ECN's and related businesses to optimize their trading. Users of the site can submit requests for information to brokers able to offer the services they require and for Retail Brokers, this means an ability to search and discover more competitive terms (spreads and commissions) than they currently receive from incumbent providers. Sam Low, Founder and CEO of LiquidityFinder stated, "I am incredibly excited to announce the launch of the new LiquidityFinder platform. We have created an environment where any person involved in trading or fintech is able to research and follow the best liquidity and fintech providers in the market, keep on top of the latest news and developments in the trading and fintech industry and share their views, questions and comments in our secure forums to create engaging conversations covering the industry."He continued, "Through our hands-on work with clients, we have been engaging with a broad range of traders and brokers to ensure that our new product meets their needs. Speaking to senior executives at retail brokerage firms I know that there is a lot of room for them to get more competitive business terms than those they are currently on. The businesses on LiquidityFinder are hungry for that business. The tools we have created help bring these two sides together."About LiqudityFinderLiquidityFinder is a community-driven fintech platform that assists electronic trading businesses in discovering and connecting with well-matched and sustainable business partners. Our mission is to help traders, brokers and institutions streamline their research and create frictionless partnerships that drive OTC liquidity more efficiently, accelerating their time to market. www.liquidityFinder.com @LiquidityFinder Media Contact:Sam LowLiquidityFinder+44 7734 467909Visit us on social media:Facebook: www.facebook.com/liquidityfinderTwitter: https://twitter.com/LiquidityFinderLinkedIn: www.linkedin.com/company/liquidity-finder Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

11 10 月, 2022

InstaDEX, the Next Step to Expand Tezos DeFi

InstaDEX, Innovative DEX by Instaraise to Push the Limits of DeFi on Tezos Ecosystem New York, NY, October 10, 2022 – (SEAPRWire) – Tezos is increasingly becoming popular as one of the preferred blockchain protocols for DeFi applications. With a vibrant community of project creators, developers and tokenholders, the Tezos ecosystem is only going to get better with the upcoming launch of InstaDEX. A product of Instaraise — the first of its kind decentralized fundraising and incubation protocol on Tezos, InstaDEX is a decentralized exchange that introduces few unique features to the ecosystem. A DeFi Heavyweight in the Making Tezos has gained a strong foothold in the DeFi and NFT space due to its flexibility and efficiency. The self-amending nature of Tezos blockchain combined with Liquid Proof-of-Stake (LPoS) consensus mechanism places it among the list of versatile, fast, and cost-efficient options for the development of next generation DeFi applications. Today, Tezos chain is the home for almost all types of DeFi products and solutions that are available in the crypto industry. These DeFi offerings include stablecoins, lending and borrowing platforms, staking and yield farming platforms and aggregators, AMM DEXs, and other specialty dApps. While more and more projects continue to opt for Tezos as the preferred chain, most of them are legacy DeFi applications leaving very little room for innovation. Fostering Innovation on Tezos To leverage the full potential of what Tezos has to offer, there is a need to push the limits of innovation in the dApps space. Projects like Instaraise are actively contributing to that end by encouraging project creators and developers with innovative ideas to turn them into full-fledged projects. The Instaraise fundraising and incubation protocol enables projects to devise their strategies, organize token offerings to raise funds and build a strong community relation within the Tezos ecosystem. It has now taken another significant step towards strengthening its offerings by introducing InstaDEX, marking an entry into the DeFi space. InstaDEX represents a breakthrough in DeFi innovation on Tezos as the platform offers revolutionary features like Impermanent Loss Protection Insurance and Single-Side Asset Liquidity Staking. Further, with the new DEX, Instaraise will be enhancing the discoverability and adoption of projects by offering them a platform to list their tokens. Features that Make InstaDEX Stand Apart Impermanent Loss and Involuntary Asset Exposure are two key issues faced by participants in legacy DeFi ecosystems. Liquidity Providers on a legacy AMM DEX are always faced with the possibility of experiencing a loss in the value of their staked assets during the time of withdrawal in comparison to the current value of the original stake if they had retained in their wallets without staking. Impermanent Loss is usually caused by varying market conditions and supply-demand situations for an asset pair in question. Meanwhile, staking in a liquidity pool of a legacy AMM DEX requires users to deposit an equivalent value of both tokens supported by the pool. As a result, anyone interested to be a liquidity provider on any AMM DEX can’t just deposit one asset, but have to do it in pairs, irrespective of whether they hold both the assets or not. By forcing them to provide liquidity in two assets instead of one, AMM DEXs compel participants to have exposure to both the assets, leaving them with no option but to either comply with the requirements or abandon plans of participation in the DeFi ecosystem. Impermanent Loss Protection Insurance on InstaDEX Deriving inspiration from a similar concept implemented by Bancor on Ethereum protocol, InstaDEX insures its liquidity providers against impermanent loss through an insurance fund. To serve the purpose, the platform has set up a dedicated treasury pool with a portion of trading fees generated by users. The insurance vault is designed to be a self-feeding, and self-securing pool with advanced gamification. The insurance coverage accrues at a rate of 1% per day, starting from day one of staking. From 30% loss coverage beginning on day 30, the total coverage will hit 100% on day 100 and beyond. Single Side Liquidity Provisioning With Single Side Liquidity Provisioning, users can stake any token of their choice into any supported liquidity pool on InstaDEX. With the participant staking just one asset, the InstaDEX platform will deposit the equivalent value in corresponding token to the pool to maintain the balance. Single Side Liquidity Provisioning offers unprecedented levels of flexibility for a liquidity provider which is unheard of on any other DEX, enabling them to choose the crypto asset and the desired level of exposure of such assets to DeFi protocols. InstaDEX to Drive DeFi Adoption Among Tezos Community InstaDEX redefines AMM DEXs with its features. Both Impermanent Loss Protection Insurance and Single Side Liquidity Provisioning safeguards the interests of participants by helping them minimize losses while offering them the much-deserved flexibility to choose what and how they wish to invest their assets. By addressing the long-standing concerns in DeFi, InstaDEX encourages more people to provide liquidity and participate in DeFi functions without worrying about potential risks. As more liquidity enters InstaDEX, the number of people using the platform is expected to increase. Increased usage also opens opportunities for projects of all sizes, including new ones incubated by Instaraise to get discovered by the community. During all these, Instaraise’s native $INSTA tokens will witness increased utility and demand, driving its value further upwards. All these developments will ultimately result in increased popularity of Tezos and $XTZ. InstaDEX Testnet v1 Release Last month, Instaraise released the first Private Testnet for InstaDEX named as “Skywalker’ which received great community interest and support. The Beta testing program for Skywalker has received over 1000+ applications from all across the globe. The beta testers are testing the ins and outs of the Skywalker to provide valuable feedback and suggestions for the DEX and help us craft a DEX which serves every Tezos community’s interest. About Instaraise Started as the first of its kind decentralized fundraising and incubation protocol on Tezos Ecosystem, Instaraise is focused on expanding its role in the Tezos ecosystem by building a suite of products and services to enable easy creation and operation of DeFi projects on Tezos protocol. Instaraise is building the DeFi universe on Tezos by supporting projects to raise funds, build communities and turn their ideas into a reality. Social Links Telegram Community Channel: https://t.me/Instaraise Official Telegram Announcement Channel: https://t.me/Instaraise_Ann Follow us on Twitter: https://twitter.com/instaraise?s=21 Follow us on LinkedIn: https://in.linkedin.com/company/instaraise Media Contact Brand: Instaraise Contact: Dibyo Majumder Email: dibyo@instaraise.io Website: https://www.instaraise.io SOURCE: Instaraise The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

22 2 月, 2022

CEXISWAP Announces the Launch of DEX Platform, Which Will Disrupt the CEX/DEX Boundaries

London, UK, February 22, 2022 – (SEAPRWire) – CEXISWAP Launches a revolution that disrupts CEX and DEX Boundaries. CEXISWAP is a fast-moving decentralized exchange (DEX) that aims to disrupt the boundaries between traditional centralized and decentralized exchanges, liberating fragmented liquidity pools from multiple chains to deliver the best price. Launched in January 2022, trading volume on the exchange has already grown over 565%, and the number of transactions has grown over 449% in less than one month. CEXISWAP Alpha has successfully supported the Ethereum, Polygon, BNB Chain (Binance Smart Chain), and ThunderCore networks and plans to support more chains. DeFi Challenges and Opportunities CEXISWAP wants to initiate a new DEX revolution to fulfill the DeFi 2.0 and MetaFi vision. Traditional DEXs, use Automatic Market Makers (AMM) to determine the relative price of two assets. They require deep liquidity pools to provide competitive prices, but liquidity pools are fragmented by individual projects and chains. ”One key insight of CEXISWAP is that producing price quotes based on these fragmented and disconnected liquidity pools doesn’t make sense.” said Scott Tsai, CEO of CEXISWAP, “Instead, you want to build a model that can predict how much it will cost to execute the trade using the deepest source of liquidity and provide funds at the desired destination to settle the trade, that’s what CEXISWAP does.” Advantages and How It Works CEXISWAP offers better prices than competitors, a user-friendly trading experience with zero price slippage, and lower gas fees. The Trade Pipe Technology (TPT) has been designed to provide users with the best price, bridging liquidity across DEXs and CEXs. The technology executes orders based on user demand and market conditions and operates in multiple ways via the Instant Trade Pipe (ITP) and Batched Trade Pipe (BTP). A Few More Words from Team CEXISWAP is a unique and promising DeFi project. The team is composed of members who have built blockchain products up and down the stack and is led by CEO Scott Tsai, who was the former head of chain engineering for a public blockchain. “We think the multi-chain world is here to stay.” said Scott Tsai, “Our first mission is to break the boundary between centralized and decentralized exchanges. Afterward, to break the boundary between different blockchains and more.” In the Web3 space, new entrants can liberate formerly locked-up or overlooked efficiencies and create great value. So always keep an eye out for promising ideas and interesting startups. With that in mind, the CEXISWAP crew would like to invite everybody aboard. Social Links: Gitbook: https://docs.cexiswap.io/ Twitter: https://twitter.com/cexiswap Media Contact Brand: CEXISWAP Contact: Scott Tsai, CEO Email: admin@cexiswap.io Website: https://www.cexiswap.io/ SOURCE: CEXISWAP The article is provided by a third-party content provider. SEAPRWIRE makes no warranties or representations in connection therewith. Any questions, please contact cs@SEAPRWIRE.com Sectors: Top Story, Daily News SEAPRWIRE (www.seaprwire.com) offers newswire service in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

22 10 月, 2021

XanPool, Payments Infrastructure Builder Secured $27 Million USD to Consolidate Its Presence in APAC and Expand Its Service Offerings

Hong Kong / SEAPRWire / October 22, 2021 / – XanPool, a payments infrastructure builder that operates in over 13 countries in the Asia Pacific, has raised US$27 Million in a Series A financing round led by Valar Ventures, alongside investors such as CMT Digital, and notable angel investor Taavet Hinrikus (Founder and Chairman of Wise, formerly Transferwise). Existing investors include Gumi Cryptos, and Antler. Commenting on XanPool’s ambitions in the APAC region, James Fitzgerald from Valar Ventures states: “It’s impressive seeing how XanPool has capitalized on the adoption of cryptocurrency to build a decentralized payment network powered by this new asset class. This space is evolving quickly; the incumbents aren’t going to know what hit them.” XanPool is a Payments and Liquidity Network. Similar to Mastercard or Visa, but instead of having a closed network of banks as partners, XanPool’s open C2C network is made out of individuals and businesses, whose idle capital is used to settle cross-currency, and cryptocurrency transactions. By doing this, XanPool reduces the counterparty risk and costs associated with these forms of transfers, while also allowing the individual and business liquidity providers to earn fees of up to 2% a month on their idle capital. With over 500,000 users, and over 400 business partners, XanPool is looking to consolidate its presence in the Asia Pacific region, and expand its product offerings. Commenting on XanPool’s ongoing momentum, Jeffery Liu, Chief Executive Officer at XanPool, states, “XanPool started as a small software innovation in the Peer to Peer technology space, allowing users to settle their cryptocurrency to local-currencies within seconds without taking custody risk. Our C2C network has since grown into Asia’s largest decentralized liquidity pool with over US$200 million of liquidity. Today, the network is not only used by cryptocurrency users but also hundreds of underserved businesses that traditional payment processors cannot service due to risk or cost factors which the XanPool network does not have.” Jeffery further comments, “In the coming years, XanPool’s network will look more similar to that of the SWIFT Network. Just like SWIFT, XanPool does not hold liquidity itself, instead, it relies on the liquidity of all the participants using the network. Just like SWIFT, XanPool earns fees based on the communication that its software facilitates. But unlike SWIFT, XanPool is compatible with modern payment solutions like Cryptocurrency, Fast-Payments, and E-wallets. You can expect more innovation from XanPool in this direction” About XanPool XanPool software allows anyone to seamlessly enable Crypto to Fiat on or offboarding. Instantly executing and settling transactions without taking custody of customer funds. Our unique C2C software solution and liquidity network make the onboarding and offboarding infrastructure in crypto much more user-friendly, and resilient against existing infrastructure dependency (such as bank partners). We allow institutions and retail to be on and off-board regardless of their infrastructural limitations. XanPool analogizes its collective technology to a “SWIFT-like Network”, but instead of taking days or weeks to settle, XanPool, using only more modern payment solutions with less overhead and risk, can settle similar transactions with a fraction of the cost, and speeds which are magnitudes faster, within seconds. For more information, visit Facebook: https://www.facebook.com/XanPool/ Twitter: https://twitter.com/XanpoolOfficial YouTube: https://www.youtube.com/channel/UC8ia9PKgyJb17tCcOpTTclw Telegram: https://t.me/XanPool Website: https://xanpool.com/ Jeffery Liu, Chief Executive Officer at XanPool, is available for interviews. Media Queries Carrine Eng, Marketing & PR Manager Email: marketing@xanpool.com SOURCE: XanPool The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

4 10 月, 2021

NFTGO.io Announces the Launch of Its Comprehensive NFT Data Aggregator Platform

Dubai, UAE, Oct 4, 2021 - (ACN Newswire via SEAPRWire.com) - NFTGO.io has announced the launch of its comprehensive NFT data platform with attractive features. Nowadays, NFT(non-fungible tokens) has penetrated almost every industry. Based on blockchain technique, virtual assets have gained much attention by their uniqueness, indivisibility, rarity, and verifiability in areas like gaming, art, sports, media & entertainment, etc.- When people first enter this virtual world, some questions are frequently asked:- How to discover the most trendy & valuable NFT? How to purchase NFT easily?- What is the market trend of NFT? How to know the return on investment?- How to evaluate my NFT assets?All these questions could be well answered on NFTGO.Building "The gateway to the NFT ecosystem" and revolutionizing the NFT marketplace, this is why NFTGO, a professional and user-friendly NFT data aggregator, is designed and launched.Here are some of the top features that are recommend from NFTGO.io to help users before start the NFT journey. NFT Liquidity Whales Tracking Listing Powerful Search Engine NFT ContractsFeature #1: NFT LiquidityNFTGO collects and visualizes real-time data on NFT trading and asset across the network catering to users' needs, through which users can gain a comprehensive understanding of NFT market trends, and optimize their NFT purchase and investment decisions.The liquidity of the NFT market is a key data metric that NFTGO has been working on and trying to reasonably quantify. Liquidity refers to the efficiency with which an asset can be converted into ready cash without affecting its market price. For investors considering NFT assets, it's natural that they are concerned about the relatively low liquidity of NFT compared to most other traditional assets. Currently, trading NFTs is not an immediate process. It usually requires a complex process and high transaction costs.Due to the uniqueness of each NFT asset, it's unable to quantify the liquidity of NFT assets by continuous trading patterns. Building on turnover rate, people define the NFT liquidity indicator as follows:NFT asset liquidity in a specific category = number of NFT transactions in that category / total NFT liquidity in that category 100%.Nowadays, although most NFT fans observe that it is a very illiquid asset class and feel it is likely to stay that way, in the context of blockchain's economic mechanisms, "liquidity" is merely a mechanism design problem being rapidly solved. For now, a data aggregation platform like NFTGO can provide as much information an investor needs for referring to liquidity and making investment decisions. Never miss exploring liquidity on NFTGO.Feature #2: Whales TrackingWhales are like fund managers in the stock market and users are like the retail investors wandering without substantial support. When investing in avatar NFTs, riding the whales' coattails is also applicable.NFTGO provides users with NFT visualization of their accounts, allowing us to view all NFTs of an address account with ease. On NFTGO, you can search whale addresses, get the latest whale rankings, and have a clear understanding of specific project's whales. Besides, NFTGO launched whale tracking services to track the behavior history of whales to facilitate users to track user transactions and transfer records, even quotations, and pending orders on OpenSea.Feature #3: ListingsNowadays there are dozens of NFT marketplaces available on the market which can be complicated. For example, Andrew bought a CryptoPunk worth 300ETH on OpenSea, the marketplace he has always been using. However, he later found out that the particular NFT would only cost him 260ETH if he had bought it through Rarible or SuperRare. Since then, Andrew would go on NFTGO for price comparison before he makes any purchase.To see all listed prices of an NFT: Visit NFTGO > Search for your desired NFT and click on it > See ListingFeature #4: Powerful Search EngineNFTGO is just a "Google" with multi-functions in NFT fields, and it is much more needed currently. NFTGO aggregates high-quality NFT assets and builds special indexes based on their data, which allows users to search for NFT assets in one platform, changing your exploration of the NFT world more conveniently and efficiently.After typing the asset users are looking for in the search bar, users can get overall data of the asset or collection, including their basic information, traders/total value/volume trends, NFT value, holders, liquidity, NFT assets, and deals, etc.Feature #5: NFT ContractsIf users want to refer to the project contract before buying a new NFT to get a full grasp on details like the storage of an NFT image. With NFTGO, it can be only a few clicks away from all the information they are looking for.To access NFT contracts:Visit NFTGO > Search for your desired project > Enter > Click onto the contract addressTo Da Moon In the future, NFTGO aims to leap again to be an NFT "Disneyland" to create an integrated virtual economy with a complete set of experiences around NFT. With expansive opportunities waiting ahead in the promising NFT world, NFTGO is more than excited and courageous to change the game, to da moon. Social LinksTwitter: https://twitter.com/nftgoioMedium：https://nftgo.medium.com/YouTube：https://www.youtube.com/channel/UCaDpaWVaRZDfdszfDCecfIwDiscord: discord.gg/Hwh8CzmtvtTelegram: https://t.me/nftgoofficialMedia ContactsBrand: NFTGOContact: Raymond Tien, Marketing DirectorE-mail: social@nftgo.ioWebsite: https://nftgo.ioTwitter: https://twitter.com/nftgoioSOURCE: NFTGO Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

26 7 月, 2021

NFT项目God Temple开启代币销售，为漫画家Pat Lee作品加入”边玩边赚”模式

HONG KONG, Jul 26, 2021 - (亚太商讯 via SEAPRWire.com) - NFT平台God Temple宣布将其项目游戏化，将漫画家Pat Lee的艺术作品变成NFT游戏角式，让全球玩家都可以选角操控游玩。 Pat Lee曾先后于DC及漫威漫画担任主笔，为全球最具影响力的漫画家之一。在God Temple的世界里面，玩家可以利用他们的希腊神话NFT卡开始游戏，扮演著名漫画家Pat Lee笔下的宙斯、雅典娜、黑帝斯等神话人物。决斗的获胜者将获得游戏代币SOUL作为奖品，并可以在二级市场上交易。God Temple的原生代币MYTH将于8月2日在Balancer Liquidity Bootstrapping Pool开始公开销售，务求整个过程公平、线性和去中心化。销售量为1,000,000 MYTH，销售期为48小时，于8月4日正式结束。在代币发行期间，MYTH-USDC池将于Balancer上线。God Temple的发言人表示︰“我们目标将神话故事带进真实生活，这就是我们引入边玩边赚模式的原因。我们正在与世界各地的艺术家开展战略合作，以创造更多神话NFT。Pat Lee 是领航的名人艺术家，我们希望启发更多的艺术家，加入这个生态系统。”关于God TempleGod Temple是一款NFT游戏，与世界各地的标志性艺术家合作，推出限量版神话角色艺术NFT。玩家可以扮演神话角色与全球其他玩家对战，并通过边玩边赚模式获得奖励。关于 Pat Lee在过去的20年里，Pat Lee曾与DC和漫威漫画合作，主笔蝙蝠侠、超人、钢铁侠、X 战警、神奇四侠、金刚狼、惩罚者和蜘蛛侠等漫画。他还创作了北美原创变形金刚系列漫画，成为连续6个月排名第一的畅销漫画书。 Copyright 2021 亚太商讯. All rights reserved. (via SEAPRWire)

12 5 月, 2021

Scalpex Launches DeFi Futures for Intraday Trading

Tortola, BVI / SEAPRWire / May 12, 2021 / - Crypto Derivatives and Futures Exchange Scalpex has launched three unique perpetual swaps DeFi Futures contracts based on the stable Uniswap Liquidity Pools Tokens ETH/USDT, UNI/ETH, and WBTC/ETH. All three come with 1x, 3x, and 10x leverage. The current crypto bull run has seen the creation of a plethora of new assets and more and more industries making inroads into crypto. Central banks are eyeing CBDCs; commercial banks are exploring bitcoin funds; decentralized finance has embraced lending, while traditional crypto exchanges are experimenting with tokenized shares. Crypto exchanges are still one of the most critical drivers of crypto-economics. There are over 500 crypto exchanges globally, and to stand out, they have to come up with new ideas and tools. Some increase their number of traded coins; others reduce commissions or introduce new passive income tools, such as staking and farming. Decentralized exchanges are gaining on their centralized peers. However, they remain a marginal business, where large volumes, high transaction speeds, and other features necessary for day traders are not available. Scalpex exchange has discovered a niche of new, previously unseen instruments at the junction of centralized and decentralized worlds - DeFi Futures for Uniswap liquidity pool tokens. A liquidity pool is a smart contract on decentralized exchanges (DEX) based on automated market-making (AMM) technology. During trading, the ratio of tokens in the pool changes, as does the price of tokens. Due to their decentralized nature, LP Tokens have some disadvantages: - Smart contracts. In the DeFi sector, many protocols are developed by small teams with limited budgets, which increases the risk of bugs and vulnerabilities in the code. - High Ethereum fees can make farming-related transactions unprofitable. - Withdrawal of funds from liquidity pools. Any user of a DeFi platform can withdraw their liquidity from the market, except in those scenarios when it is blocked by a third-party mechanism. In addition, in most cases, developers control large amounts of underlying assets and can easily dump these tokens on the market. - AMM works on the basis of permanent functions to determine the value of tokens in liquidity pools. Due to price changes in third-party markets, quotes in AMM may diverge from them, which can be used by arbitrageurs. When withdrawing, liquidity providers may receive fewer tokens due to the risk of intermittent losses. Taking into account the great value of decentralized finance, which reduces counterparty risk and eliminates intermediaries, the current level of DeFi does not allow traditional intraday trading forms like scalping due to its low speeds and high transaction costs. Scalping is a trading style that specializes in profiting off of small price changes and making a fast profit off reselling. In day trading, scalpers try to turn small profits into substantial cumulative gains. Scalpex DeFi Futures contracts open the way to earn from DeFi liquidity without locking crypto assets and having to deal with smart contracts. DeFi Futures help avoid high transaction costs and the delay/latency issues tied to reliance on ERC20 smart contracts. DeFi Futures represent an exciting possibility for investors and traders who want to earn from liquidity providing price movement without having to delve into the Uniswap details, learn the LP market, or pay high entrance fees. DeFi Futures are nominated in USD so traders can always see the actual revenue from their investments. DeFi Futures allow the use of stop-loss and take-profit orders, which are impossible in Uniswap. DeFi Futures allow traders to participate in the DeFi market even with small deposits, as the minimum order is around $15. In comparison, to enter the Uniswap ecosystem, one might pay up to $80 on just transaction fees. The contract mark price is calculated for each tick in the price change of the pool's currencies. Traders can always compare Scalpex DeFi Futures' mark price with the original LP token price estimation on its smart contract address at Etherescan. The value of DeFi Futures is shortened for convenience; otherwise, it reflects as closely as possible the value of the underlying contract at Uniswap. DeFi Futures are an interesting tool for hedging Uniswap positions for actual liquidity providers to protect their profits from unexpected price movements. Scalpex offers users the possibility to trade DeFi Futures with up to 10x leverage. "Scalpex takes the best from the world of decentralized and centralized exchanges to create unique, highly profitable instruments. Our DeFi Futures feature is the first in a line of decentralized assets launched on Scalpex. We see a lot of potential in combining decentralized finance with centralized speed and efficiency. We aim to make DeFi an easy, accessible, and usable investing and trading instrument", says Michael Shabounin, CEO of the Scalpex crypto derivatives exchange. About Scalpex Scalpex ( https://www.scalpex.com/ ) is a Crypto Derivatives and Futures Exchange established in August 2020. The company is registered in the British Virgin Islands (BVI) and provides online trading services to individual retail clients and professional derivatives traders. Scalpex is open for trading 24 hours a day and seven days a week. Scalpex's institutional matching engine is capable of handling up to hundreds of thousands of transactions per second. Scalpex lists five perpetual futures trading contracts that offer up to 100x leverage for Bitcoin, Ethereum, Cardano, PolkaDot, and XRP contracts and three DeFi Futures contracts for Uniswap Liquidity Pools Tokens ETH/ USDT, UNI/ETH, and WBTC/ETH. Scalpex trading commissions Scalpex is one of the rare exchanges where scalping is still possible and profitable due to low fees. For professional day traders, trading fees can constitute a significant amount since the number of transactions they perform a day can number in the dozens. Scalpex trading commissions are 0% Maker fee and 0.04% Taker fee, which is twice or even three times less than the majority of competitors. A flexible system of discounts, deposit bonuses, grace periods, rebates, and individual discounts for trading volume can help further reduce commissions for professional day traders. Uniswap Uniswap is a leading decentralized crypto exchange that runs on Ethereum blockchain technology. Uniswap is a completely different type of exchange that's fully decentralized - meaning it isn't owned and operated by a single entity - and uses a relatively new type of trading model called an automated liquidity protocol. The Uniswap platform was built in 2018 on top of the Ethereum blockchain, which makes it compatible with all ERC-20 tokens and infrastructure like the MetaMask and MyEtherWallet wallet services. Media Contact Company: SCALPEX LIMITED Contact: John Peterson, Business Developer E-mail: info@scalpex.com Website: https://www.scalpex.com/ Twitter: https://twitter.com/ScalpexExchange Facebook: https://www.facebook.com/scalpexen/ SOURCE: SCALPEX LIMITED The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

5 5 月, 2021

FINXFLO Announces Binance as Latest Liquidity Provider

SINGAPORE, May 5, 2021 - (ACN Newswire via SEAPRWire.com) - FINXFLO, the world's first hybrid DeFi/CeFi liquidity aggregator, today announced that Binance, the world's leading blockchain ecosystem and cryptocurrency infrastructure provider, will join the platform as its newest liquidity provider. In line with this announcement, Binance will support FINXFLO's expansion as the platform aims to deliver a seamless trading experience for FINXFLO users.With the support of Binance as a liquidity provider, FINXFLO will continue its momentum as an industry-leading aggregator with access to the most well-known DeFi and CeFi protocols."We could not be more excited to announce Binance as a liquidity provider for FINXFLO," said James Gillingham, CEO of FINXFLO. "This announcement cements our platform among the most trusted aggregators in the space. Liquidity is for stability in the financial market, and especially significant for cryptocurrency, where volatility can cause significant disruption."Early indications point to a spike in retail investors as the catalyst for the recent cryptocurrency price surge. Despite the growth in users, the crypto space notoriously suffers from poor usability and substandard user experience. FINXFLO strives to solve noticeable hurdles in the space by offering a one-stop solution for crypto traders. The platform aggregates the best prices across the top CeFi and DeFi protocols in a single interface."With the influx of retail crypto investors entering the space, it is crucial that the barriers to entry are eliminated," continued Gillingham. "FINXFLO's platform looks to deliver a platform with a simplified trading experience that supports the surge of new users."This news follows FINXFLO's recent additions of Coinbase and FTX as liquidity providers.To learn more, visit FINXFLO.com. Follow them on Twitter, and join the conversation on Telegram.About FINXFLOCo-founded by leaders in their respective niches, FINXFLO is a platform that focuses on changing the cryptocurrency market through innovation. As the world's first hybrid DeFi/CeFi liquidity and protocol aggregator, FINXFLO brings a one-stop solution for all cryptocurrency traders and investors. Using only one account with one KYC, our users are now able to utilise liquidity from 25+ CeFi and DeFi platforms through a single user interface. In simple terms, FINXFLO blends all the upsides of DeFi and CeFi ecosystems to produce the ultimate product. Visit www.finxflo.com.About BinanceBinance is the world's leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.comTrade on the go with Binance's mobile crypto trading app. Download for Android or iOS.Media contact:Stefan Lai, Partnerships Manager, FINXFLOT: +65 3157 4301, E: marketing@finxflo.comAddress: Level 12, Capital Tower, 168 Robinson Rd, Singapore 068912 Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

31 3 月, 2021

Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver

SEATTLE, WA, Mar 31, 2021 - (ACN Newswire via SEAPRWire.com) - Decentralized finance (Defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (Dex) platforms and automated money makers (AMM) have swelled in value, as statistics show over $43 billion is locked into Defi protocols today. Meanwhile, a new project has recently stepped out of the gate called XFai, a Dex liquidity oracle that aims to capture untapped liquidity from small to medium cap tokens. On April 8, 2021, XFai plans to host a Liquidity Generation Event (LGE), and this week it was announced that Bitcoin.com's founder and angel investor Roger Ver has invested in XFai.XFai's Dex Liquidity Oracle Aims to Empower Decentralized Finance and Capture Untapped LiquidityDefi concepts and decentralized exchanges are all the rage these days, and a great number of Dex platforms have outperformed their centralized exchange (Cex) counterparts. Today, data shows the total value locked (TVL) into Defi is over $43 billion, and Dex protocols like Uniswap, SushiSwap, and Curve.fi are seeing significant trade volume. Statistics show that $1.7 billion was swapped on Dex platforms in the last 24 hours, and $12 billion traded during the last seven days.Now there's a new Defi project on the horizon called XFai that's planning to launch in the near future. The protocol leverages its unique Dex Liquidity Oracle (DLO) for small to medium cap tokens. XFai"s goal is to develop tools by graphing the Defi space and release game-changing decentralized products.The project has published a comprehensive white paper that provides XFai's documentation and insight into the protocol design. The team is launching a native coin called the XFIT token and the project's Dex Liquidity Oracle, or DLO for short, aims to be a game-changer. The DLO tech can help low-capitalized tokens gather attention and significantly increase token liquidity."XFai's cutting-edge technologies such as the Potentializer and the DLO (Dex Liquidity Oracle) allows small and mid-cap token holders to join a large liquidity pool that charts centralized exchanges, and provides the same - if not more optimized - liquidity depth in decentralized exchanges," the XFai developers explained to Bitcoin.com's newsdesk.Furthermore, the team detailed that XFai has enabled an anti-slippage tool to ensure that traders can freely complete transactions without being trapped, while removing the need for automated market makers (AMM). XFai's DLO description explains: To encourage more users to participate in liquidity provision, XFai has developed a one-step liquidity addition method, dramatically reducing the hassle and the gas fees involved with liquidity farming. In return, liquidity providers can earn protected APY.Roger Ver Backs XFai for the future of Defi infrastructureThe vast number of Defi projects in the space today focus solely on the top tier of the tokens by market cap, and centralized exchanges operate in the same manner. XFai's team hopes to open more doors for tokens with small to medium caps and offer them a "seat at the Defi table." The project has already attracted a number of investors including venture funds, and more recently Bitcoin.com's founder and angel investor Roger Ver has decided to back the XFai project."XFai stood out to me due to the potential of their oracle to unlock incredible opportunities in the blockchain space," Ver said speaking about the investment. "XFai enables actual decentralization by allowing small and mid-cap tokens to finally have a seat at the table. I look forward to watching XFai become a game-changer in the Defi space by providing a solid foundation for future projects to build upon," the Bitcoin.com founder added.Ver is one of the earliest investors in the bitcoin space, and has been promoting blockchain technology for well over a decade. The undisclosed investment into XFai stems from Ver's personal investment arm. The XFai LGE is set to go live on Thursday, April 8 and the team stressed that it was "designed with feasibility and simplicity in mind." Bitcoin.com readers can check out more information about this Defi concept via the project's website, Telegram channel, social media feeds, and interested developers can look at the project's Github repository."We invite everyone to join XFai in making Defi more accessible, open, and economically empowering, starting with the XFai LGE," the XFai creators conclude. "The [XFai LGE] user interface is intuitively laid out, while the involved operations are combined into one single click. We believe this will result in the opportunity for even those who have never participated in liquidity mining to join in a stress-free manner, and reap the benefits of high APY and the explosive potential of XFIT."Web: https://Xfai.com Medium: https://xfai-official.medium.com/aboutSource: Plato Data Intelligence Web: bit.ly/3dmAVLp Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

30 3 月, 2021

AU21 Backs XFai’s Reimagined Future of DeFi

Washington, Mar 30, 2021 - (ACN Newswire via SEAPRWire.com) - AU21, one of the most reputable venture capital firms in the world focusing on blockchain and digital assets, has decided to partner with XFai through a strategic investment. The partnership comes at an important time, as XFai's proposed changes in the DeFi space are quickly gaining momentum as the project's public token sale -- referred to as Liquidity Generation Event (LGE) -- is quickly approaching. AU21 is proud to be bound to XFai by providing its support and access to its network for XFai to reach a wider audience within the DeFi space and help revolutionize the industry.XFai is a project set to chart a new course for how investors and projects interact within the DeFi ecosystem. It develops various tools that chart the liquidity depth and the order book of both DEX (decentralized exchanges) and CEX (centralized exchanges). Using its native-built DLO (DEX Liquidity Oracle), XFai shifts the liquidity between DEX and CEX dynamically to allow investors on DEX to benefit from free-flowing token liquidity, ultimately freeing the investors to enjoy optimized trading grounds on decentralized exchanges. XFai's DLO is equipped with anti-slippage technology and an efficient one-sided provisioning, allowing both investors and liquidity farmers to minimize costs while enjoying transparency that shows the actual impact of their trading actions. Moreover, DLO allows partnered small and mid-cap tokens to benefit from APY earnings, allowing holders and projects to gain a bolstered income by choosing to stake their tokens in the liquidity pool.AU21, the newest investor to be announced as part of XFai's increasing list of stellar venture capital partners, has an impressive track record of leading projects to astounding success. Founded in 2017, AU21 quickly rose to become one of the most renowned names in the blockchain space. The venture capital firm has been involved in the success of various projects such as the Graph, Synthetix, Centrifuge, Polkadot and Elrond."We are proud to announce our backing of XFai and their autonomous liquidity management solution for cryptocurrencies. The DEX Liquidity Oracle achieves several technological milestones in decentralized liquidity provision, and will serve to create a more efficient and accessible marketplace for digital assets," comments AU21.About AU21XFai is set to open the doors to public investors on April 8 through its Liquidity Generation Event (LGE). Unlike traditional Token Generation Event (TGE), the LGE is designed to allow participants to purchase the XFIT tokens and stake them in the liquidity pool in one step and one interface, compared to the normal procedure which would involve up to 4 steps and the hassle of navigating multiple interfaces. The unique launch mechanism, developed by XFai, is expected to set a new standard on how tokens are offered to the public. The LGE also dramatically lowers the likelihood of failed transactions, protecting the participating investors from paying high gas fees for those transactions. Moreover, the one-step mechanism is designed to save the participants from paying exuberantly high gas fees, which has been severely affecting the recent DeFi space. XFai's XFIT LGE is set to launch on April 8, 2021.We thank the support of AU21, and look forward to changing the current DeFi landscape for the better through the guidance of AU21.About XFaiXFai develops tooling for the DeFi space, graphing it to build game-changing products. The XFai DLO is set to invite mid and small-cap tokens to start earning APY on their token holdings, while the XFai LGE is set to become industry-first in providing a more efficient, transparent, and fair way for everyone to get involved at an early stage. The LGE for XFai's native token, XFIT, is set to launch on 8th April 2021. We invite everyone to join the DeFi revolution, spearheaded by XFai.Source: Plato Data Intelligence: https://platoblockchain.net/ (bit.ly/3cuY52V) Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

19 2 月, 2021

Blockpass Foundation to Roll Out $PASS Liquidity Mining Initiative

HONG KONG, Feb 18, 2021 - (ACN Newswire) - Today the Blockpass Foundation is excited to introduce a new initiative, developed based on customer feedback and requests, designed to improve liquidity for $PASS users. At Blockpass our main goal is the provision of faster, simpler and more efficient KYC and AML services, taking the pain out of regulatory compliance, but we also aim to provide as engaging and rewarding experience as possible around this mission. In order for us to be happy with the service and options provided by Blockpass, our users have to be happy. As such, we have listened to the feedback and questions of our excellent community members and, as a result, have decided to promote development of solutions to facilitate liquidity mining for $PASS. As part of this initiative, we intend to prepare a liquidity mining campaign based on the input and suggestions of the community - those users and advocates of Blockpass who have been discussing such options on the Blockpass telegram and twitter channels, or who have e-mailed in feedback and suggestions.The starting point for all of this is the development of a number of liquidity tools. To facilitate these, the Blockpass Foundation is announcing the provision of a grant for developers to build those tools. Any developer with experience can apply here ( https://forms.gle/7JyQ7H6cLaQQY7uM9 ). Payment for developers will be in $PASS, the magnitude of which will be given over to the community to agree on. Voting and feedback requests from the community will be carried out via the Blockpass Telegram Channel. Please note that the Github usernames and proposals by developers will be shared with the community in order to facilitate this process. The ultimate decision of this endeavour will be down to the Blockpass Foundation who will approve any grants.The purpose of the Liquidity Mining program, which will focus on the existing Liquidity Pool on Uniswap for the price pair USDT/PASS, will be to add liquidity to that pool. The overarching method for this will be collecting liquidity mining 'receipts' (liquidity tokens) and staking those 'receipts' in return for $PASS. The precise percentage of $PASS to be made available to stakers in the system, as with the developer rewards, will be determined in conjunction with the community, based on their feedback. In addition Enterprise customers of Blockpass who are using its Identity Verification system will benefit from a 10% credit on services whilst staking $PASS. Note that $PASS has a token activation requirement, so staking is only permitted with users who have activated their tokens. "We really value the dedication, engagement and insight of our discerning user base," said Adam Vaziri, CEO of Blockpass. "This new initiative is as a direct result of questions and requests which have been made by the community over the past couple of weeks. We really do read and take on board all feedback in an effort to provide the best possible services and experiences, to merchants and end-users alike. We'd like to thank all of those who have contributed to this development through their passion and suggestions. We hope this is a positive step for users and that they will continue to engage with us through any channels."Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with, and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be regulatory compliant and the recent integrations have led to a surge in interest for Blockpass' On-chain KYC(TM) solution which promises to change the way blockchains enable compliance.With a current 90%+ discount on its services, a fact made possible due to the unique reusable nature of its verification method, and put in place to help as many people as possible access KYC in the current pandemic, there has never been a better time to explore the potential of Blockpass. The Blockpass App is available from the App Store and Google Play.About BlockpassBlockpass, the pioneer of On-chain KYC(TM), is a fast, fully comprehensive KYC & AML screening software-as-a-service for blockchains, Crypto, Defi and other regulated industries. With Blockpass, you get an unmatched set of benefits for any compliance service that includes pay-as-you-go, no setup cost, no integration necessary, free testing, immediate launch and at the lowest cost. Blockpass' KYC Connect(TM) platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly. By integrating with Chainlink Network - a decentralized oracle solution - in early January, Blockpass introduced the first On-chain KYC(TM) solution that will service many blockchains in the years to come.For more information and updates, please visit and sign up to the following:Promotional video: https://youtu.be/SvO2cw3e-SIWebsite: http://www.blockpass.orgEmail: sales@blockpass.org Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com