defi Archive

Stratis’ InterFlux Protocol Adds Support for Ethereum, Hyperledger, DEXs & DeFi

Stratis’ InterFlux Protocol Adds Support for Ethereum, Hyperledger, DEXs & DeFi

Press Release: Blockchain as a Service (BaaS) platform Stratis’ support to private and public blockchain solutions, Ethereum and Hyperledger, opens the ecosystem to mainstream adoption by businesses.

 

24th March, 2021, London, United Kingdom –  Stratis is developed to help make blockchain services accessible for businesses worldwide. In pursuit of that aim, it now supports interoperability with Ethereum, allowing firms to tap into the ease of use provided by Stratis Technologies while reaching out to millions of Ethereum users. The launch of its wrapped token (wSTRAX) also brings in a boom for the DeFi sector. Locked in a 1:1 ratio with the Stratis’ native STRAX Token, platforms built on Ethereum can utilize wSTRAX in their DeFi products.

 

Stratis provides an Enterprise-Grade Blockchain Solution developed in C# on the Microsoft .NET Core Framework focusing on Modular Blockchain Solutions for Public and Private Blockchain Solutions. Stratis offers Blockchain-as-a-Service (BaaS) to remove the complexities associated with launching a decentralized chain. Industry-leading Infrastructure-as-a-Service (IaaS) providers are supported to enable rapid deployment of services. Stratis BaaS allows organizations to embark on Blockchain solution development without the expense of administering and hosting an environment.

Introducing InterFlux

Stratis is very aware of developments that have taken place within the public-blockchain space. This has become prevalent with the exponential growth of decentralized finance (DeFi) offerings such as UniSwap, Maker and Curve. This focus has led to the further development of Stratis’ interoperability solution. Stratis InterFlux will provide interoperability between the Stratis (STRAX) Blockchain and the Ethereum blockchain, bringing xETH to Stratis Blockchain Technologies and, importantly, wSTRAX to the Ethereum Blockchain. In a nutshell, Stratis InterFlux enables a seamless exchange of the STRAX Token to an equivalent Token on the Ethereum Blockchain, a token known as wSTRAX. 

 

The wSTRAX token will fully leverage recent developments within the DeFi domain, taking advantage of rich liquidity pools and decentralized lending protocols available through the Ethereum ecosystem.

Achieving Trustlessness

Stratis’ solution has been designed to remove any levels of centralization. The Stratis InterFlux Hub provides a mature set of locked-in Masternodes that autonomously process requests between two blockchains, resulting in a genuinely trustless exchange of STRAX Tokens to wSTRAX on the Ethereum Blockchain.

Stratis Continues Building on Success

The Stratis team has been immensely active in the last year, launching service after service. Most recently, the platform’s potential caught the eye of investment fund Alphabit, which committed an 8 figure sum towards the platform’s development over the next two years.

 

Stratis provides the only Blockchain platform that offers end-to-end Microsoft solutions, utilizing the .NET Core Framework. Organizations that solely develop their product offerings or internal line-of-business applications with Microsoft technologies can integrate and support with ease using the same development tooling. The platform has been designed with developers in mind, enabling existing .NET Developers to pick-up and become proficient within reduced periods. 

 

C# is a popular programming language used in the industry. Thus, Stratis’ support saves both time and money for companies worldwide that no longer need to reformat software for another programming language.

 

The STRAX token is already available on cryptocurrency exchange Binance. With its advanced features such as the InterFlux, Sidechains, SegWit support, a complete library of dApps and tools, Stratis gives companies  worldwide a chance to leverage the power of blockchain for their operations without having to learn immensely complex blockchain programming languages and architectures.

 

About Stratis

Stratis offers unprecedented levels of security, reliability and performance through leveraging blockchain. The platform’s native C# ecosystem enables businesses worldwide to utilize their existing IT infrastructure and tools to adopt blockchain technology by providing access to the Stratis blockchain’s features in a familiar language to the everyday developer.

 

  • Microsoft Focus: Stratis provides the only Blockchain platform that offers end-to-end Microsoft solutions, utilizing the .NET Core Framework
  • Stratis Identity: A decentralized KYC and AML check to make it easier for businesses to verify client identities and comply with regulations.
  • Supply Trust: A turnkey solution for supply chain management, providing complete visibility in a trustless and decentralized environment.
  • STO Platform: Regulation-compliant digital securities for businesses launching STO’s
  • Stratis Smart Contracts: Secure and auditable digital contracts that are developed in the industry-standard Microsoft C# language, fit for the DeFi age.

 

Now with InterFlux support, companies will be able to use the powerful and industry-friendly Stratis blockchain whilst still being able to tap into the largest DeFi markets on Ethereum.

 

Follow Stratis on Twitter – https://twitter.com/stratisplatform 

Join the Stratis Developer Academy – https://academy.stratisplatform.com/ 

Check out Stratis on GitHub – https://github.com/stratisproject 

Read the latest Stratis news – https://www.stratisplatform.com/news/ 

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com 

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Stratis 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

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Stratis’ InterFlux Protocol Adds Support for Ethereum, Hyperledger, DEXs & DeFi

Stratis’ InterFlux Protocol Adds Support for Ethereum, Hyperledger, DEXs & DeFi

Press Release: Blockchain as a Service (BaaS) platform Stratis’ support to private and public blockchain solutions, Ethereum and Hyperledger, opens the ecosystem to mainstream adoption by businesses.

 

24th March, 2021, London, United Kingdom –  Stratis is developed to help make blockchain services accessible for businesses worldwide. In pursuit of that aim, it now supports interoperability with Ethereum, allowing firms to tap into the ease of use provided by Stratis Technologies while reaching out to millions of Ethereum users. The launch of its wrapped token (wSTRAX) also brings in a boom for the DeFi sector. Locked in a 1:1 ratio with the Stratis’ native STRAX Token, platforms built on Ethereum can utilize wSTRAX in their DeFi products.

 

Stratis provides an Enterprise-Grade Blockchain Solution developed in C# on the Microsoft .NET Core Framework focusing on Modular Blockchain Solutions for Public and Private Blockchain Solutions. Stratis offers Blockchain-as-a-Service (BaaS) to remove the complexities associated with launching a decentralized chain. Industry-leading Infrastructure-as-a-Service (IaaS) providers are supported to enable rapid deployment of services. Stratis BaaS allows organizations to embark on Blockchain solution development without the expense of administering and hosting an environment.

Introducing InterFlux

Stratis is very aware of developments that have taken place within the public-blockchain space. This has become prevalent with the exponential growth of decentralized finance (DeFi) offerings such as UniSwap, Maker and Curve. This focus has led to the further development of Stratis’ interoperability solution. Stratis InterFlux will provide interoperability between the Stratis (STRAX) Blockchain and the Ethereum blockchain, bringing xETH to Stratis Blockchain Technologies and, importantly, wSTRAX to the Ethereum Blockchain. In a nutshell, Stratis InterFlux enables a seamless exchange of the STRAX Token to an equivalent Token on the Ethereum Blockchain, a token known as wSTRAX. 

 

The wSTRAX token will fully leverage recent developments within the DeFi domain, taking advantage of rich liquidity pools and decentralized lending protocols available through the Ethereum ecosystem.

Achieving Trustlessness

Stratis’ solution has been designed to remove any levels of centralization. The Stratis InterFlux Hub provides a mature set of locked-in Masternodes that autonomously process requests between two blockchains, resulting in a genuinely trustless exchange of STRAX Tokens to wSTRAX on the Ethereum Blockchain.

Stratis Continues Building on Success

The Stratis team has been immensely active in the last year, launching service after service. Most recently, the platform’s potential caught the eye of investment fund Alphabit, which committed an 8 figure sum towards the platform’s development over the next two years.

 

Stratis provides the only Blockchain platform that offers end-to-end Microsoft solutions, utilizing the .NET Core Framework. Organizations that solely develop their product offerings or internal line-of-business applications with Microsoft technologies can integrate and support with ease using the same development tooling. The platform has been designed with developers in mind, enabling existing .NET Developers to pick-up and become proficient within reduced periods. 

 

C# is a popular programming language used in the industry. Thus, Stratis’ support saves both time and money for companies worldwide that no longer need to reformat software for another programming language.

 

The STRAX token is already available on cryptocurrency exchange Binance. With its advanced features such as the InterFlux, Sidechains, SegWit support, a complete library of dApps and tools, Stratis gives companies  worldwide a chance to leverage the power of blockchain for their operations without having to learn immensely complex blockchain programming languages and architectures.

 

About Stratis

Stratis offers unprecedented levels of security, reliability and performance through leveraging blockchain. The platform’s native C# ecosystem enables businesses worldwide to utilize their existing IT infrastructure and tools to adopt blockchain technology by providing access to the Stratis blockchain’s features in a familiar language to the everyday developer.

 

  • Microsoft Focus: Stratis provides the only Blockchain platform that offers end-to-end Microsoft solutions, utilizing the .NET Core Framework
  • Stratis Identity: A decentralized KYC and AML check to make it easier for businesses to verify client identities and comply with regulations.
  • Supply Trust: A turnkey solution for supply chain management, providing complete visibility in a trustless and decentralized environment.
  • STO Platform: Regulation-compliant digital securities for businesses launching STO’s
  • Stratis Smart Contracts: Secure and auditable digital contracts that are developed in the industry-standard Microsoft C# language, fit for the DeFi age.

 

Now with InterFlux support, companies will be able to use the powerful and industry-friendly Stratis blockchain whilst still being able to tap into the largest DeFi markets on Ethereum.

 

Follow Stratis on Twitter – https://twitter.com/stratisplatform 

Join the Stratis Developer Academy – https://academy.stratisplatform.com/ 

Check out Stratis on GitHub – https://github.com/stratisproject 

Read the latest Stratis news – https://www.stratisplatform.com/news/ 

 

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 8 years. Get your Bitcoin Press Release Distribution today.

Stratis 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

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Source: thinkbitcoins

Shifting into ‘Lite’speed: DeFiChain Launches Litecoin Liquidity Mining

DeFiChain_Litecoin

Bitcoin Press Release: DeFiChain and Litecoin Foundation strike an agreement to offer Liquidity Mining for the popular cryptocurrency on the DeFiChain platform. DeFiChain users can earn up to two DFI per LTC block mined using the DeFiChain desktop application.

 

11th February 2021, Singapore: DeFiChain, the world’s leading blockchain on the Bitcoin network devoted to decentralised monetary applications, has today announced that Liquidity Mining with full rewards will be available with LTC on the DeFiChain platform. Following a successful one-week testing period, the Liquidity Mining program on DeFiChain will award two DFI coins — DeFiChain’s native digital currency — for every block mined.

 

By adding Liquidity Mining capabilities for LTC, one of the most popular cryptocurrencies in the world, the platform highlights its commitment to delivering more opportunities, options and diversity for its users, and adds to the existing suite of benefits provided to its users.

 

“Litecoin is one of the most popular and widely used cryptocurrencies in the world, and we are delighted to be partnering with them to offer Liquidity Mining for Litecoin on DeFiChain. Liquidity Mining on DeFiChain allows market making to be done in a fair and transparent manner” 

 

Said Julian Hosp, Chairman of DeFiChain. He continued:

 

“In order for it to be used by such a vast community, it has to be highly liquid and available in multiple markets. The integration and availability of LTC on the DeFiChain platform gives users another option, thereby empowering holders of the cryptocurrency to provide measurable, beneficial liquidity and earn rewards in return.” 

 

DeFiChain’s DEX (decentralised exchange) offers fast transaction speeds, low fees, low transaction fees, high security, and a fully decentralised trading environment. On DeFiChain, a gamut of Litecoin holders can utilise their holdings and computing resources to provide liquidity and earn sizable returns in the process.

 

Jay Milla from Litecoin Foundation said: 

 

“This marks the beginning of a new era for LTC, being available on one of the world’s fastest growing decentralised platforms. DeFiChain’s mission, to provide fast, intelligent and transparent financial services is aligned to our own. Throughout the years, Litecoin has continued to grow to become an industry leader, as one of the oldest and most widely utilized and traded cryptocurrencies. It continues to maintain its position within the top cryptocurrencies ranked by market capitalisation.”

 

DeFiChain, one of the leading blockchains built upon the Bitcoin’s network infrastructure, which democratises market making and liquidity provisions by empowering its rapidly growing community. With this partnership, traders and investors, both retail and institutional, will be able to earn rewards based on the actual, measurable liquidity they create for Litecoin, which in this case, equates to two DFI per block mined. 

 

To access LTC-DFI Liquidity Mining pools on DeFiChain, simply download the DeFiChain desktop app from https://defichain.com/downloads/, deposit DFI to the DEX to swap part of it for LTC, then select “Liquidity” from the menu on the left-hand side and the “+” symbol under “Add or remove liquidity” to select the amount to add. It couldn’t be easier. 

 

About DeFiChain

DeFiChain is a blockchain platform dedicated to enable fast, intelligent, and transparent decentralized financial services. The DeFiChain Foundation’s mission is to bring DeFi to the Bitcoin ecosystem. Unlike most of the other DeFi projects that are built on the Ethereum network, DeFiChain is built on Bitcoin (as a software fork), and leverages Bitcoin’s security by anchoring to the bitcoin blockchain (via Merkle root) every few minutes.

 

By dedicating the functionality of a blockchain specifically to decentralized finance, DeFiChain is able to provide high transaction throughput, reduced risk of errors, and intelligent feature development.

 

Visit https://defichain.com for full information including roadmap and upcoming features.

 

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About Litecoin Foundation

The Litecoin Foundation is a non-profit organization whose mission is to advance Litecoin for the good of society by developing and promoting state-of-the-art blockchain technologies. Litecoin is a peer-to-peer digital currency that enables instant, near-zero cost payments to anyone in the world. The Litecoin Foundation Ltd. is headquartered in Singapore (registered UEN# 201709179W) with an active team contributing from around the globe. 

 

For more information, visit litecoin-foundation.org.

 

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DeFiChain 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.

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DFI’ying Expectations: DeFiChain, the Largest DeFi Protocol on the Bitcoin Ecosystem Lists its DFI Coin on KuCoin

DEFICHAIN_KUCOIN

21st January 2021, Singapore: DeFiChain — the world’s leading blockchain on the Bitcoin network dedicated to decentralised financial applications — has today announced that it will be listing its native digital currency, “DFI” on KuCoin, one of the world’s largest and most popular cryptocurrency exchanges. KuCoin users will be able to trade DFI starting today, Thursday 21 January, 2021.

 

  • DeFiChain, a blockchain dedicated to fast, intelligent and transparent financial services, lists its native digital currency “DFI”, on KuCoin, the leading global cryptocurrency exchange.

 

  • On 14 January 2021, DeFiChain announced that its DFI coin had achieved a $1billion market capitalisation, ranking in the top 10 DeFi coins by market cap.

 

  • To celebrate the launch of the listing, KuCoin will be running a DFI trading competition from tomorrow, Friday 22nd January until Friday 29th January, offering participants the chance to win from a prize pool of $20,000.

 

DeFiChain marked a momentous milestone earlier this month, with DFI achieving a $1 billion market capitalisation, making it one of the top 10 DeFi coins by market cap. The listing of its digital coin DFI on KuCoin follows a string of recent listings for DFI, including Bitrue and Bittrex. The digital asset listing on KuCoin signals DFI’s rapidly growing popularity in the market. 

 

Being listed on KuCoin — one of the most widely used cryptocurrency exchanges in the world — is a big breakthrough for DeFiChain. In just six months, our DFI asset has gone from $0.16 to $2.79, an increase of over 1500%! This is a clear indicator that there is real demand for DeFi amongst the masses and highlights that the path to a decentralised financial economy is just around the corner.” said Dr. Julian Hosp, Chairman of DeFiChain.

 

To celebrate the listing and as an added bonus for the crypto community, DeFiChain in partnership with KuCoin, will be launching a trading competition. The top 20 participants with the highest trading volume of DFI on KuCoin the chance to win a share of $20,000 in DFI. The trading competition will commence at 10am UTC on Friday 22nd January, 2021 and will last one week until 10am UTC on Friday 29th January, 2021. 

 

In addition, for the duration of the competition, DFI can be traded with a 50% discount on maker fees, and a 25% discount on  taker fees on KuCoin, enabling participants to maximise their returns. 

 

The value of Bitcoin has been recognised by a growing number of institutional investors in future global inflation. While most see Bitcoin as digital gold, its potential in building an ecosystem has long been neglected.” Said Johnny Lyu, CEO at KuCoin Global

 

We are pleased to join hands with DeFiChain and will continue to support it to unleash the power of Bitcoin, resulting in a blockchain that provides higher throughput and better functionality, specifically for DeFi.

 

The DeFi market has experienced exponential growth recently, with the total value locked now over $22 billion. Buoyed by new innovations, the market is expected to experience continued significant growth this year, giving the industry an enduring appeal. It is DeFiChain’s mission to bring seamless and unrestricted access to a wide range of financial products and services in a completely decentralized system.

 

About DeFiChain

DeFiChain is a blockchain platform dedicated to enable fast, intelligent, and transparent decentralized financial services. The DeFiChain Foundation’s mission is to bring DeFi to the Bitcoin ecosystem. Unlike most of the other DeFi projects that are built on the Ethereum network, DeFiChain is built on Bitcoin (as a software fork), and leverages Bitcoin’s security by anchoring to the bitcoin blockchain (via merkle root) every few minutes.

 

By dedicating the functionality of a blockchain specifically to decentralized finance, DeFiChain is able to provide high transaction throughput, reduced risk of errors, and intelligent feature development.

 

Visit https://defichain.com for full information including roadmap and upcoming features.

 

About KuCoin

KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 6 million registered users from 200+ countries and regions. The KuCoin exchange puts a high priority on the quality of projects listed based on a well-trained research department that scours the blockchain industry for the highest-quality projects. In November 2018, KuCoin completed $20 million round A funding from IDG Capital and Matrix Partners. 

 

Media Contact Details

Contact Name: Kavi Saglani

Contact Email: media@DeFiChain.com

 

DeFiChain 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. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections.

 

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Stratis Brings Blockchain as a Service to All Businesses via its C# Native Platform

stratis_baas

Bitcoin Press Release: Stratis release details of their Blockchain as a Service (BaaS) platform, which will bring blockchain to mainstream companies via Azure Cloud.

 

7th January 2021, London, United Kingdom – Stratis was created for a simple purpose – to provide enterprises with blockchain as a service (BaaS) solutions, designed to implement complex blockchain architecture within mainstream coding languages, used by everyday companies away from the crypto niche. 

 

It does this through cloud solutions, support for C# and .NET application building, alongside tool customization via its open source protocol. The result of this? Stratis unlocks the power of blockchain technology for mainstream businesses, and unlocks the mainstream market for the blockchain industry – Two powerful combinations.

 

Enterprises that find themselves relying on the Stratis tool set will access a less expensive and less complex blockchain building framework. Companies no longer need to purchase and manage their own full nodes, nor do they need to build a blockchain infrastructure from scratch – Something which is niche and represents a huge barrier to entry by setup cost to all but the largest of companies. Moreover, businesses in need of smart contract support will be pleased to find that Stratis supports virtual machines via Microsoft’s Azure cloud platform.

 

Stratis – Tailored with Perfection

Stratis holds several key values that make it an optimal choice for blockchain operations – decentralization, privacy, scalability, practicality, accessibility, reliability, security, and performance. To better understand this, Stratis blockchains run a number of cloud-based full nodes, so decentralization is assured. Privacy is guaranteed – through cryptographic encryption, all transactions and communications remain private. Stratis is also keen on providing an adaptable degree of scalability, achieved through the means of intuitive sidechain usage. 

 

Companies looking to leverage the power of smart contracts must know that Stratis is the only platform providing support for C# execution, so developers can efficiently code self-enforcing programs utilising their existing development tools and existing knowledge of a rich and versatile programming language. Stratis is also working on facilitating cross-chain communication between contracts running within Stratis’ ecosystem and those deployed on the Ethereum blockchain, hence increasing their suitability for today’s interconnected world.

 

STRAX Swap on Binance

In September 2020, the team introduced STRAX, a more powerful protocol designed to flawlessly integrate within the platform’s existing business model. Previously-minted STRAT tokens have been swapped to STRAX tokens on a 1:1 basis via Binance. Following the shift, Stratis will introduce a series of other advanced features, such as the STRAX SideChain, Stratis InterFlux, SegWit support, cold-staking, the DeFi app library, IoT development tools, and many others. 

 

Since STRAX is based on the proof-of-stake consensus mechanism, network participants can receive token-based rewards in exchange for staking their STRAX tokens. Stratis is well-aware of the security risks posed by hot wallet storage, so the team has decided to use cold-staking for ideal token security.  

 

2021 – The Year for Stratis & BaaS 

In Q1 2021, Stratis will launch the Unity Development Kit (allowing the integration of NFTs and decentralized identities within the gaming ecosystem), the DeFi Software Library (a catalogue of C# standardized smart contracts), the Stratis DAO (a means of funding next-gen developments via voting), the Stratis System Contracts (introducing on-chain logic and simplifying user-driven processes), and the mobile wallet featuring token support (supporting tokens issued on the Cirrus Sidechain). 

 

In Q2 2021, Stratis will launch the Python Development Kit (allowing Python coders to build on Stratis), the IoT Development Kit (meant to introduce Stratis solutions to IoT hardware), a new version of Proof-of-Stake (boasting improved security and additional features), Stratis Oracles (a distributed means of accessing off-chain data), and Dex Mobile Support (allowing mobile trading of SRC20 tokens). 

 

In Q4 2021, Stratis will launch Ethereum Interoperability (known as InterFlux, this will enable usage of wrapped STRAX tokens on the Ethereum chain), alongside the STO & Digital Asset Platform (providing the tools needed to manage token offerings). 

 

With so much happening last year ,and so much on the horizon, 2021 looks like a promising year for Stratis. Click here to Find out more about how Stratis is changing the world one blockchain at a time.

 

Follow Stratis on Twitter – https://twitter.com/stratisplatform

Join the Stratis Developer Academy – https://academy.stratisplatform.com/

Check out Stratis on GitHub – https://github.com/stratisproject

Read the latest Stratis news – https://www.stratisplatform.com/news/

 

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Stratis Group LTD 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. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections.

 

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GoldenPyrex Ushers in the Next Era in DeFi with a Robust Ecosystem

GPYX_DEFI

Bitcoin Press Release: Golden Pyrex (GPYX) announce details of their DeFi platform enabling yield farming, gaming, and NFTs.

 

17th December, 2020, Nur-Sultan, Kazakhstan – Despite the exponential growth of the DeFi market throughout 2020, the industry is now dealing with a short-term plateau, as the market matures and projects are put to the test. Indeed, innovative use cases like governance, yield farming, and non-fungible tokens (NFTs) will play an essential role in the future’s economy, but not all of them will survive. 

 

GoldenPyrex Is Building a Sustainable and Independent Token Ecosystem

A key reason behind failing projects is their improper liquidity assurance. Tokens require liquidity to strive, and this is normally generated via third-party trading. However, a key principle of the crypto market is to reduce friction caused by intermediaries, thereby increasing simplicity. 

 

With these aspects in mind, GoldenPyrex’s ecosystem was built to facilitate convergent GPYX token circulation. As a gaming and entertainment platform, the project integrates GDEX, G-SWAP, and GameHouse within a closed-loop ecosystem that eliminates unnecessary intermediaries, while facilitating access to quality services.

 

GoldenPyrex holds a significant value proposition. Its core purpose is to provide users with next-gen DeFi solutions that power yield farming, gaming, and NFTs. To put this into perspective, the project is currently rolling out a series of unique NFTs designed to facilitate the acquisition and customization of rare collectibles. Such NFTs are extremely hyped nowadays, as the market advances and collectible-centered economies are sprouting up everywhere.

 

The GoldenPyrex ecosystem will feature its very own marketplace, where users can essentially transact the GYPX utility token in exchange for a myriad of neat collectibles. Thanks to these stores, the token’s market liquidity will further increase. 

 

Highlighting the Use Cases Associated with the GoldenPyrex Token

To capture a larger portion of the total available market (TAT), the GoldenPyrex ecosystem is investing considerable resources into building a massive use case catalog. As such, some of GPYX’s use cases include, but are not limited to yield pool farming, paying GameHouse commissions, purchasing GameHouse tournament/VIP club tickets, staking, community governance voting, and much more. 

 

It’s imperative to point out that with GoldenPyrex, DeFi enthusiasts worldwide can essentially earn via a high-utility token. This is better explained through a press statement made by Ilyas Sadvasakov, the founder of GPYX

 

“GoldenPyrex is making it easier and realizable for DeFi enthusiasts to merge multiutility with the ability to earn in a secured manner. With rewards already set for our loyal followers to earn from farming yield on supported pools, we are confident we are unlocking a new evolution in the convergence between the several components of modern DeFi such as Yield Farming, NFTs, and the ability for the GPYX token holders to also explore the world of Games within the Gamehouse platform”

 

The Golden Pyrex ecosystem wouldn’t have been possible without support from the Kazakhstan Government, as highlighted by Ilyas

 

“We are indebted to Kazakhstan Government and Astana International Financial Centre both of which have been taking smart steps to support entrepreneurs in the blockchain and decentralized finance area. It’s quite evident in the enabling environment they have provided to Bitcoin miners. Kazakhstan ranks number 4 in terms of Bitcoin mining contributing largely to Bitcoin network’s hash rate.”

 

GPYX – Service Overview

The GoldenPyrex ecosystem encourages the use of GPYX tokens amongst its three main services – yield farming, gaming, and the upcoming exchange. Within the yield farming interface, users can earn GPYX tokens in exchange for staking Uniswap LP tokens. The gaming interface now supports GPYX-based poker, which is an excellent means of earning additional tokens. 

 

An innovative PoolPicker game will be launched in the near future. Lastly, the upcoming exchange will allow users to swap GPYX tokens in exchange for other popular assets. The exchange will also come along with a pool, governance, and bridge features, as part of GoldenPyrex’s all-inclusive system philosophy. GoldenPyrex is poised to continue enhancing its service catalog, creating lucrative use case scenarios of the GPYX token. 

 

Project Roadmap

The 4th quarter of 2020 saw the official release of the DeFi platform, followed by the UniSwap liquidity pools launch, and the introduction of GameHouse. GoldenPyrex is actively working on updating its interface and introduction new features. With this being said, during the 1st quarter of 2021, the GPYX token will be listed on the top 30 exchanges featured on CoinMarketCap. 

 

Furthermore, the GameHouse and Yield Farming will see new features and improvements following a scheduled update. During the 2nd quarter of 2021, GoldenPyrex will release GameHouse on mobile devices and launch GoldenBay, as well as the staking contract. 

 

Obtaining GPYX 

GoldenPyrex has built a liquidity farming system to govern the minting of GPYX tokens. However, users who are not keen on farming can always purchase GPYX through secure partner exchanges like UniSwap, Coinsbit, and STEX. In fact, Coinsbit has recently listed GPYX and supports trading against BTC, ETH, and USDT. 

 

To find out more about the future of DeFi, visit the GPYX website today or the GPYX Uniswap.

 

Keep up with GPYX by following on Twitter

Join the GPYX Discord Server

 

Media Contact Details 

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com

 

GoldenPyrex 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. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections.

 

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.

 

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How Jointer Is Evolving DeFi Through World’s First Cross-Chain Shared Pool Swap

27th October 2020, San Francisco, United States – While some blockchain projects focus on one specific technological improvement, others are creating entire ecosystems. These ambitious projects find a market fit and then scour the world for the most appropriate solutions. Jointer is a prominent DAO in the DeFi space pursuing this goal, flying under most crypto influencers’ radar despite winning multiple awards and over $1 million in international competitions

 

Originally founded as the world’s first commercial real estate DeFi project, Jointer is implementing DeFi solutions across the entire syndication economy, utilizing blockchain to remove barriers while providing investors with uncorrelated returns and instant diversification. 

 

Investors have been participating in Jointer’s commercial real estate syndication platform through a daily auction of the JNTR token–a liquidity bridge that transfers value between commercial real estate equity and digital currencies. The JNTR token is interoperable across blockchains through Jointer’s patent-pending SmartSwap technology. In taking this approach, Jointer solves many of the issues plaguing the DeFi ecosystem, including siloed blockchains, limited liquidity and extreme price volatility. 

 

Blockchain Bridges

Liquidity on the blockchain is undeniably an important issue. Projects want to have their tokens accessible on as many blockchains as possible. For example, the stablecoin Tether is available on the following blockchains: Ethereum, OMG, Tron, and Algo. This availability ensures that users on those blockchains have a place to convert to a dollar-equivalent stablecoin. However, these blockchains do not talk to each other, meaning Tether on OMG cannot be transferred to an Ethereum wallet. Different blockchain; different token. This siloed or “walled garden” ecosystem creates a scenario wherein the liquidity of Tether, or any token, is restricted to its respective blockchain.

 

As the industry continues to trend toward decentralized exchanges, this issue becomes readily apparent. Limited liquidity quickly leads to price swings of double and triple digits. This may be fun for a quick trade over 30 seconds, but it is also a barrier to entry for those new to cryptocurrencies. These newcomers from traditional financial markets may be more concerned about retaining their value and not fast trades.

 

Solving the cross-chain problem is a fundamental issue. There are currently several projects actively working on this with varying levels of success. Jointer is deploying its version of a bridge, connecting Ethereum to Binance Smart Chain (BSC) and Liquidity System which is 52 smart contracts built on top of the basic pool technology.

 

Slippage-Free, Cross-Chain Operation

Jointer has already achieved a working version of this with its JNTR bridge tokens. Jointer Smartswap is currently operational and allows for swapping an ERC20 token from Ethereum to BSC through JNTR/e to JNTR, or JNTR/b, respectively. This 1-to-1 swap is done instantly with one click and without the need for a centralized exchange and with zero fees. There is also zero chance of price slippage, a significant advantage over DEXs like Uniswap, where a 10% slippage is not uncommon. Even on centralized exchanges, price movement is commonplace. Further, all the JNTR bridge tokens maintain a 1:1 value, meaning that 1 JNTR/b will always equal 1 JTNR/e, thus creating a natural arbitrage opportunity across pools and blockchains.

 

This cross-chain functionality also allows Jointer to tap into liquidity on other BSC blockchains, taking full advantage of the local Automated Market Makers on Uniswap and Pancake, two of the largest liquidity providers. This means users on Binance Smart Chain will instantly benefit from liquidity on the Ethereum blockchain in Uniswap. And since the Binance Smart Chain gas fees are so low, users may find incentive trading on BSC through PancakeSwap rather than Ethereum. 

 

These incremental and foundational improvements are necessary, as the Jointer project explores a world beyond the tokenization of commercial real estate, implementing the first DeFi approach to the space with live auctions, gamified markets, instant syndication and more. 

 

The daily auction charts JNTR’s consistent growth from $0.01 to $0.44. That means a $500 investment on day one of the Jointer DeFi auction has turned into $22,500 in just one month.

 

For more information, visit the Jointer website: https://jointer.io

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Media Team

Contact Email: contact@bitcoinprbuzz.com

 

Jointer 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. 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.

 

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