Momentum Press Release Archive

Press Release: The Cubera DeFi staking platform is in its early access phase and will soon offer users a safe, streamlined environment in which to stake their assets across multiple chains. 

December 15, 2023, Oslo, Norway — Cryptocurrency users can now embark on an exploration of the innovative DeFi landscape, and earn rewards on the Cubera multi-chain staking platform. The team at Cubera are excited to unveil a trailblazing platform that synergizes staking, yield optimization, and auto-compounding on a unified, transparent environment. 

Cubera DeFi Reward Staking 

The Cubera platform has been developed to offer a transparent, streamlined experience for users to manage and grow their portfolio whilst still being able to utilize their assets across multiple DeFi platforms. The company is heavily focused on transparency and building trust amongst its growing community. 

Cubera is committed to harnessing the power of DeFi and DAOs to bring users an open-source platform that offers complete transparency across all operations, strategies, and accessibility to all types of crypto users. 

Platform Features

Cubera has revolutionized the yield farming process by automating compounding, effectively making time and effort secondary considerations. This innovation not only streamlines the process but also significantly reduces associated costs, thereby enhancing the yield potential for all users.

Cubera offers a wide array of innovative features, each integral to crafting a comprehensive solution for maximizing yield optimization. These features include: 

• Auto-Compounding Vaults: Tailored to maximize yields in specific scenarios.
• Cubera AutoSwap tool: Streamlines the swapping process with its innovative ZAP feature, allowing users to effortlessly transition between different assets. 
• Agile Integration: Cubera adeptly navigates the blockchain ecosystem, seamlessly integrating with a diverse range of protocols.
• Fair Revenue Sharing: Cubera enables extending staking benefits to include participation in governance and profit sharing.
• Cutting-Edge Strategies: A pioneer, continuously navigating and often setting the course for yield farming innovations.

Supported Networks for Staking

Initially Cubera will offer asset staking on Ethereum, Optimism, Polygon Arbitrum, BNB, Avalanche, and Base. Users can choose from at least 38 different protocols for earning staking rewards across these networks. For the full list of protocols visit the official page here. 

A Future to Look Forward to

Cubera is building a strong staking network built on trust and transparency. The company is collaborating with reputable partners to enhance these values and ensure the safety of its community. Cubera aims to redefine the DeFi playing field by automating the intricate process of yield farming and opening up a vast array of opportunities for those who choose to collaborate with Cubera. 

Anyone interested in experiencing Cubera in its early access phase and stepping into a new era of DeFi can do so here. 

Media Contact Details

Contact Name: John Koroma

Contact Email: partnerships@cubera.finance  

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

The post Cubera Finance Announces Launch of Progressive DeFi Staking Platform appeared first on Bitcoin PR Buzz.

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Press Release: Users of the XOXNO all-in-one NFT marketplace can now buy and sell NFTs with EUR or Romanian RON through any Visa or Mastercard. 

7th November 2022, Bucharest, Romania — XOXNO has announced the integration of fiat payments to its all-in-one NFT marketplace, with support for EUR and the Romanian RON. The MultiversX-based NFT marketplace was launched in early 2022 and is currently registering a monthly trading volume in excess of $1 Million USD.

XOXNO Launches Fiat Payments 

With a thriving NFT marketplace already established on the back of EGLD token payments, XOXNO is expanding to facilitate the use of fiat payments for all users. The integration will allow users to buy and sell NFTs using both EUR and the Romanian RON with any Visa or Mastercard. 

But the support doesn’t stop at just buying and selling – users of the all-in-one NFT marketplace will also be able to mint new NFT assets with these two fiat currencies. The integration is a huge step forward in increasing the use of NFTs for mainstream enthusiasts and was made possible by XOXNO partner Twispay, the leading payment processor in Romania. 

What is XOXNO?

XOXNO is the largest NFT marketplace and aggregator on MultiversX, previously known as Elrond. MultiversX is the first blockchain protocol to combine all three (state, network, transaction) sharding aspects in an adaptive architecture that maintains the highest level of scalability and security. For this reason, XOXNO chose to build its all-in-one NFT marketplace on MultiversX’s advanced, scalable blockchain architecture. 

The XOXNO Marketplace

XOXNO’s innovative marketplace offers a huge variation of tools for both users and creators, allowing them to achieve what was never possible before. As the leading NFT marketplace on MultiversX, all major tokens on MultiversX are also supported as a payment method. 

Built into the marketplace is an automatic mechanism for distributing royalties on each NFT sale back to the creators. What makes this even sweeter for sellers, is that XOXNO has among the smallest fees for all NFT sales, capped at 1%. 

Although it has only been in the NFT space for less than a year, the XOXNO NFT marketplace already boasts a current monthly trading volume exceeding $1 Million USD. With all of the upcoming improvements to the platform, XOXNO is well-positioned for further growth in 2023. 

Advanced Features

The new support for EUR and RON with Visa and Mastercard is just the latest feature, building on an already impressive platform. This now means that thousands of new users can be onboarded from across the globe, and finally have access to NFTs, via more traditional Fiat methods of payment. 

The additional supporting features added, build on a foundation of an already impressive set. These include:

• Liquid sell offers
• Peer-to-Peer NFT Swap
• Bulk purchases of NFTs 
• Private offers
• Bundle sells of SFT packs

A unique feature that is emerging in the Web3 industry now is the concept of NFT staking, and XOXNO has its own advanced NFT staking pools with plenty of options and rewards. Users can now stake their NFTs to earn additional rewards such as $EGLD. Another great feature is the advanced graphs and aggregated analytics that the marketplace developed to help users get an overview of the ecosystem across all marketplaces.

A Marketplace for NFT Users & Creators

XOXNO has placed a special focus on NFT creators with the introduction of a self-onboarding launchpad to streamline the whole creative process. Added to the fact that creators can now mint NFTs with fiat currency and any MultiversX tokens, XOXNO has become a suitable marketplace for both hardcore crypto users and casual enthusiasts that prefer to use their Visa or Mastercard for payments instead. 

The XOXNO NFT marketplace offers users plenty of unique features that benefit buyers, sellers, traders, and creators alike. A self-onboarding launchpad is a fantastic feature for creators & new fiat payments are a game-changer for EU users to buy, sell, or mint their own NFTs. Anyone interested in getting involved can check out the XOXNO NFT marketplace here. 

XOXNO Socials

Twitter | Telegram | Discord

Media Contact Details

Contact Name: Mihai-Daniel Eremia

Contact Email: mihai@xoxno.com

XOXNO 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.

Press Release: Users of the XOXNO all-in-one NFT marketplace can now buy and sell NFTs with EUR or Romanian RON through any Visa or Mastercard. 

7th November 2022, Bucharest, Romania — XOXNO has announced the integration of fiat payments to its all-in-one NFT marketplace, with support for EUR and the Romanian RON. The MultiversX-based NFT marketplace was launched in early 2022 and is currently registering a monthly trading volume in excess of $1 Million USD.

XOXNO Launches Fiat Payments 

With a thriving NFT marketplace already established on the back of EGLD token payments, XOXNO is expanding to facilitate the use of fiat payments for all users. The integration will allow users to buy and sell NFTs using both EUR and the Romanian RON with any Visa or Mastercard. 

But the support doesn’t stop at just buying and selling – users of the all-in-one NFT marketplace will also be able to mint new NFT assets with these two fiat currencies. The integration is a huge step forward in increasing the use of NFTs for mainstream enthusiasts and was made possible by XOXNO partner Twispay, the leading payment processor in Romania. 

What is XOXNO?

XOXNO is the largest NFT marketplace and aggregator on MultiversX, previously known as Elrond. MultiversX is the first blockchain protocol to combine all three (state, network, transaction) sharding aspects in an adaptive architecture that maintains the highest level of scalability and security. For this reason, XOXNO chose to build its all-in-one NFT marketplace on MultiversX’s advanced, scalable blockchain architecture. 

The XOXNO Marketplace

XOXNO’s innovative marketplace offers a huge variation of tools for both users and creators, allowing them to achieve what was never possible before. As the leading NFT marketplace on MultiversX, all major tokens on MultiversX are also supported as a payment method. 

Built into the marketplace is an automatic mechanism for distributing royalties on each NFT sale back to the creators. What makes this even sweeter for sellers, is that XOXNO has among the smallest fees for all NFT sales, capped at 1%. 

Although it has only been in the NFT space for less than a year, the XOXNO NFT marketplace already boasts a current monthly trading volume exceeding $1 Million USD. With all of the upcoming improvements to the platform, XOXNO is well-positioned for further growth in 2023. 

Advanced Features

The new support for EUR and RON with Visa and Mastercard is just the latest feature, building on an already impressive platform. This now means that thousands of new users can be onboarded from across the globe, and finally have access to NFTs, via more traditional Fiat methods of payment. 

The additional supporting features added, build on a foundation of an already impressive set. These include:

• Liquid sell offers
• Peer-to-Peer NFT Swap
• Bulk purchases of NFTs 
• Private offers
• Bundle sells of SFT packs

A unique feature that is emerging in the Web3 industry now is the concept of NFT staking, and XOXNO has its own advanced NFT staking pools with plenty of options and rewards. Users can now stake their NFTs to earn additional rewards such as $EGLD. Another great feature is the advanced graphs and aggregated analytics that the marketplace developed to help users get an overview of the ecosystem across all marketplaces.

A Marketplace for NFT Users & Creators

XOXNO has placed a special focus on NFT creators with the introduction of a self-onboarding launchpad to streamline the whole creative process. Added to the fact that creators can now mint NFTs with fiat currency and any MultiversX tokens, XOXNO has become a suitable marketplace for both hardcore crypto users and casual enthusiasts that prefer to use their Visa or Mastercard for payments instead. 

The XOXNO NFT marketplace offers users plenty of unique features that benefit buyers, sellers, traders, and creators alike. A self-onboarding launchpad is a fantastic feature for creators & new fiat payments are a game-changer for EU users to buy, sell, or mint their own NFTs. Anyone interested in getting involved can check out the XOXNO NFT marketplace here. 

XOXNO Socials

Twitter | Telegram | Discord

Media Contact Details

Contact Name: Mihai-Daniel Eremia

Contact Email: mihai@xoxno.com

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

The post XOXNO the Leading NFT Marketplace on MultiversX Announces Support for Fiat Payments appeared first on Bitcoin PR Buzz.

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Press Release: AIBC Europe is expecting 100 influencers and key opinion leaders at this year’s Malta summit from November 14-18, including AMCrypto, Carl the Moon, James Crypto Guru, and Davinci.

September 19, 2022, Valletta, Malta – AIBC is attracting at least one hundred top-tier influencers to its Malta summit this November. Taking place at the Malta Fairs and Convention Center this 14-18 November, the five-day event is set to host 25,000 delegates for an incredible supershow. Following previous success, this year’s summit will welcome an all-star list of industry thought leaders, and offer unparalleled access to premier networking opportunities, conferences, and expos.

Get a taste of what AIBC Malta has in store!

AIBC Malta Brings Top Opinion Leaders Together

With a network cultivated from over a decade spent holding successful events, and leveraging incredible opportunities for cross-pollination between its top verticals, Malta Week is perfectly placed to forge meaningful partnerships and break new ground across the blockchain, fintech, and DeFi landscapes. For attendees, the event will provide invaluable access to unique industry insights and next-level connections.  

Bringing a diversity of key thought leaders together, AIBC will maximize the potential for projects and companies to leverage a unique opportunity to link to some of the leading minds in the crypto and emerging tech world. Enabling new and upcoming projects, as well as more established companies to gain the reach they require to take their product to the next level.

Last Year’s Highlights

Last year saw 13,500 attendees from over 80 different countries gather for the Malta AI & Blockchain Summit which focused on blockchain, emerging tech, and DeFi specifically. The event saw a slew of big names attend, including Michael Saylor, who was a financial backer of the star of the show, Acta Finance, winner of the “Best DeFi project of the year” award. 

The event also stared industry leaders including Dextools.io CEO Pablo Ojanguren, Blockchain Center founder Nick Spanos, CEO of emerging digital health network project Solve.Care Pradeep Goel, international NFT artist Talia Zoref, NextBridge CEO Lars Rinnan, and of course AIBC Summit founder Eman Pulis.

AIBC Americas Summit Debuts in Toronto 

More recently AIBC held its long-awaited Americas debut in Toronto, Canada, which saw a buzzing hub of thought leadership and industry insight amongst a selection of big names. The summit platformed some emerging projects and innovators from the Medical Metaverse realm to the next generation of digitally enabled education solutions. 

Amongst the list of emerging talents from the AIBC Americas were Michael Turpin, Russell Korus, Davin Michaels, Emma Todd, Cal Evans, and Dr. Lawrence Krauss. The star of the show however was prized Pitch winner myLaminin, a Canadian-based blockchain-enabled document sharing, and verification service.

Don’t Miss the AIBC Malta Week 2022 

All of the AIBC summits serve as a vital platform for thought-leadership, with a fresh line-up of top influencers spearheading discussions about the future of relevant industries. 

A top-tier cast of conference speakers is already in the works, with some leading influencers and policymakers expected to join the discussion, including AMCrypto, Carl the Moon, James Crypto Guru, and Davinci. With exciting, insightful conversations expected on new crypto projects, gamefi, influencer/affiliate marketing and much more, this year’s AIBC Malta event is one not to miss. 

AIBC Links

Telegram | Twitter | Instagram | Linkedin 

Media Contact 

Contact Name: Max Jones

Contact Email: max.j@sigma.world

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

The post AIBC to Welcome 100 Influencers and Key Opinion Leaders to Malta Summit appeared first on Bitcoin PR Buzz.

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Press Release: AIBC Europe is expecting 100 influencers and key opinion leaders at this year’s Malta summit from November 14-18, including AMCrypto, Carl the Moon, James Crypto Guru, and Davinci.

September 19, 2022, Valletta, Malta – AIBC is attracting at least one hundred top-tier influencers to its Malta summit this November. Taking place at the Malta Fairs and Convention Center this 14-18 November, the five-day event is set to host 25,000 delegates for an incredible supershow. Following previous success, this year’s summit will welcome an all-star list of industry thought leaders, and offer unparalleled access to premier networking opportunities, conferences, and expos.

Get a taste of what AIBC Malta has in store! https://www.youtube.com/watch?v=LJD1bXNXVF0

AIBC Malta Brings Top Opinion Leaders Together

With a network cultivated from over a decade spent holding successful events, and leveraging incredible opportunities for cross-pollination between its top verticals, Malta Week is perfectly placed to forge meaningful partnerships and break new ground across the blockchain, fintech, and DeFi landscapes. For attendees, the event will provide invaluable access to unique industry insights and next-level connections.  

Bringing a diversity of key thought leaders together, AIBC will maximize the potential for projects and companies to leverage a unique opportunity to link to some of the leading minds in the crypto and emerging tech world. Enabling new and upcoming projects, as well as more established companies to gain the reach they require to take their product to the next level.

Last Year’s Highlights

Last year saw 13,500 attendees from over 80 different countries gather for the Malta AI & Blockchain Summit which focused on blockchain, emerging tech, and DeFi specifically. The event saw a slew of big names attend, including Michael Saylor, who was a financial backer of the star of the show, Acta Finance, winner of the “Best DeFi project of the year” award. 

The event also stared industry leaders including Dextools.io CEO Pablo Ojanguren, Blockchain Center founder Nick Spanos, CEO of emerging digital health network project Solve.Care Pradeep Goel, international NFT artist Talia Zoref, NextBridge CEO Lars Rinnan, and of course AIBC Summit founder Eman Pulis.

AIBC Americas Summit Debuts in Toronto 

More recently AIBC held its long-awaited Americas debut in Toronto, Canada, which saw a buzzing hub of thought leadership and industry insight amongst a selection of big names. The summit platformed some emerging projects and innovators from the Medical Metaverse realm to the next generation of digitally enabled education solutions. 

Amongst the list of emerging talents from the AIBC Americas were Michael Turpin, Russell Korus, Davin Michaels, Emma Todd, Cal Evans, and Dr. Lawrence Krauss. The star of the show however was prized Pitch winner myLaminin, a Canadian-based blockchain-enabled document sharing, and verification service.

Don’t Miss the AIBC Malta Week 2022 

All of the AIBC summits serve as a vital platform for thought-leadership, with a fresh line-up of top influencers spearheading discussions about the future of relevant industries. 

A top-tier cast of conference speakers is already in the works, with some leading influencers and policymakers expected to join the discussion, including AMCrypto, Carl the Moon, James Crypto Guru, and Davinci. With exciting, insightful conversations expected on new crypto projects, gamefi, influencer/affiliate marketing and much more, this year’s AIBC Malta event is one not to miss. 

AIBC Links

Telegram | Twitter | Instagram | Linkedin 

Media Contact 

Contact Name: Max Jones

Contact Email: max.j@sigma.world

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

Source: thinkbitcoins

Press Release: Wanchain has activated its fifth and latest hard fork upgrade, moving WAN closer to becoming a deflationary digital asset. 

5th July 2022, London –  Wanchain has successfully launched its new Saturn hard fork, which introduced several network improvements and completely overhauled the network’s fee market. The Saturn hard fork was activated at Block 21,454,700 at 06:47 am UTC on July 5th. 

The Saturn Hard Fork 

With the Saturn hard fork upgrade, each transaction on Wanchain will involve burning a base fee, which automatically decreases the WAN circulating supply – in a process similar to that of Ethereum’s EIP-1559. Additionally, the Saturn hard fork upgrades Wanchain’s EVM, making it fully compatible with the Ethereum London EVM.

EIP-1559 Protocol to Increase Deflation

The introduction of the EIP-1559 protocol makes major adjustments to the network’s fee market and serves as a sustainable WAN burning mechanism. Now, every transaction includes a base fee that is burned, thereby reducing WAN circulating supply and adding deflationary pressure on WAN. The Saturn hard fork also introduces the concept of a “tip,” or priority fee, that users can choose to pay if they want their transactions to be prioritized by the network.

EVM Opcodes and SHA-3

Saturn also upgrades Wanchain’s EVM to be fully compatible with Ethereum’s London EVM by supporting the latest EVM opcodes. This increased interoperability enables Solidity developers to more easily migrate their applications to Wanchain. For instance, as a result of Saturn, Ethereum-based tools such as MetaMask, Remix and Truffle are now fully compatible with Wanchain.

Saturn further adds support for new cryptographic hash functions, including SHA-3. Adding native support for SHA-3 offers performance and versatility benefits, and increases interoperability with projects using SHA-3. 

Gas Limit Adjustment

Saturn additionally adjusts the Wanchain gas limit per block to 50 million, which influences the number of transactions that can fit in a block. Wanchain’s gas limit per block is now higher than Ethereum’s, which is set to 30 million. As a sustainable PoS network, Wanchain achieves this without sacrificing the network’s high transaction speed and low transaction fees. 

The Saturn hard fork represents the biggest technological leap forward for Wanchain with numerous advancements in the protocol, with improved functionality, performance, and cost, as the company sets off on a deflationary path forward. 

About Wanchain

We are all connected — Wanchain, the Wide Area Network chain, is the world’s premier decentralized blockchain interoperability solution. The company’s mission is to drive blockchain adoption through interoperability by building fully decentralized bridges that connect the world’s many siloed blockchain networks. This cross-chain infrastructure empowers developers to build truly decentralized cross-chain applications to power the future of Web3. 

Media Contact

Contact Name: Temujin Louie

Contact Email: temujin@wanchain.org

Wanchain Socials

Twitter | Telegram | Medium  

Wanchain 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

The post Wanchain Announces Successful “Saturn” Hard Fork Setting Deflationary Path Forward appeared first on Bitcoin PR Buzz.

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Press Release: Wanchain has activated its fifth and latest hard fork upgrade, moving WAN closer to becoming a deflationary digital asset. 

5th July 2022, London –  Wanchain has successfully launched its new Saturn hard fork, which introduced several network improvements and completely overhauled the network’s fee market. The Saturn hard fork was activated at Block 21,454,700 at 06:47 am UTC on July 5th. 

The Saturn Hard Fork 

With the Saturn hard fork upgrade, each transaction on Wanchain will involve burning a base fee, which automatically decreases the WAN circulating supply – in a process similar to that of Ethereum’s EIP-1559. Additionally, the Saturn hard fork upgrades Wanchain’s EVM, making it fully compatible with the Ethereum London EVM.

EIP-1559 Protocol to Increase Deflation

The introduction of the EIP-1559 protocol makes major adjustments to the network’s fee market and serves as a sustainable WAN burning mechanism. Now, every transaction includes a base fee that is burned, thereby reducing WAN circulating supply and adding deflationary pressure on WAN. The Saturn hard fork also introduces the concept of a “tip,” or priority fee, that users can choose to pay if they want their transactions to be prioritized by the network.

EVM Opcodes and SHA-3

Saturn also upgrades Wanchain’s EVM to be fully compatible with Ethereum’s London EVM by supporting the latest EVM opcodes. This increased interoperability enables Solidity developers to more easily migrate their applications to Wanchain. For instance, as a result of Saturn, Ethereum-based tools such as MetaMask, Remix and Truffle are now fully compatible with Wanchain.

Saturn further adds support for new cryptographic hash functions, including SHA-3. Adding native support for SHA-3 offers performance and versatility benefits, and increases interoperability with projects using SHA-3. 

Gas Limit Adjustment

Saturn additionally adjusts the Wanchain gas limit per block to 50 million, which influences the number of transactions that can fit in a block. Wanchain’s gas limit per block is now higher than Ethereum’s, which is set to 30 million. As a sustainable PoS network, Wanchain achieves this without sacrificing the network’s high transaction speed and low transaction fees. 

The Saturn hard fork represents the biggest technological leap forward for Wanchain with numerous advancements in the protocol, with improved functionality, performance, and cost, as the company sets off on a deflationary path forward. 

About Wanchain

We are all connected — Wanchain, the Wide Area Network chain, is the world’s premier decentralized blockchain interoperability solution. The company’s mission is to drive blockchain adoption through interoperability by building fully decentralized bridges that connect the world’s many siloed blockchain networks. This cross-chain infrastructure empowers developers to build truly decentralized cross-chain applications to power the future of Web3. 

Media Contact

Contact Name: Temujin Louie

Contact Email: temujin@wanchain.org

Wanchain Socials

Twitter | Telegram | Medium  

Wanchain 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

The post Wanchain Announces Successful “Saturn” Hard Fork Setting Deflationary Path Forward appeared first on Bitcoin PR Buzz.

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Source: thinkbitcoins

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Press Release: Paribus is launching a DeFi-based borrowing platform, allowing users to borrow against their digital assets in a revolutionary way. Allowing previously stagnant assets like NFTs to be used as collateral for loans.

March 14th, 2022, Miami, USA – Paribus is taking DeFi to the next level with the help of Cardano. Cardano’s interoperability removes the restrictions imposed by the isolated ecosystem, allows value to flow freely, and increases the potential of the protocol and its users. Being powered by Cardano, users can now borrow against their digital assets with a DeFi perspective. Be it NFT or any synthetic asset, Paribus offers users the platform for safe and fast borrowing against their digital assets.

The Paribus Protocol

Paribus offers DeFi holders and investors a platform to extend the reach of their digital assets and positions around the globe. For the first time one platform is bringing together the functionality of borrowing and lending against a huge variety of assets, in a decentralized and permissionless way. 

Paribus’ features and protocol is designed to evolve with new crypto asset classes, capturing the value stored in the emerging universe of interconnected blockchains. The Paribus protocol sets out to channel this monetary energy in previously impossible ways, creating even more opportunity for investors.

Combining NFTs and DeFi

With Paribus, users can even borrow against their NFT investment. This will free up capital while the underlying NFT will hold its value intact. Paribus also allows users to stake NFTs with pool value with other like-NFTs, allowing users to generate yield on their NFT assets.

In addition to NFTs, users can also borrow against their AMM liquidity positions through the Paribus protocol. This will allow users to leverage up while staking or earning through LP’ing.

Staking in Liquidity Pools

With Paribus, users get access to the market-specific staking pools for LP tokens from multiple blockchain-based liquidity pool which allows for the following benefits:

• Cheap transactions
• Incredibly high throughput
• Security and reliability

Paribus is now offering native staking for the PBX token on their platform, offering a dynamic APY and high rewards. There are two pools that remain open, Argenti and Aurum. These pools are only open for a limited time.

The PBX Token

PBX is Paribus’ native governance token. PBX allows its owners to create and vote on the future of the network. The ultimate goal of PBX tokens is to coordinate incentives across the Paribus Revenue Protocol to create a systematic harmony between the security of stakeholders, the protocol itself, and internal assets. Owners of the PBX tokens are also entitled to receive a percentage of the fees earned through the protocol in proportion to their stakes. The more users stake, the higher their tier and the higher percentage they earn. 

For more information on how Paribus is pioneering borrowing in the DeFi space, visit their website here.

Follow Paribus on Twitter

Join the Paribus community in Telegram 

Connect with Paribus on LinkedIn

Media Contact Details

Contact Email: hello@paribus.io

PARIBUS 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

The post Paribus Launches DeFi Platform to Enable Users to Borrow Against Digital Assets appeared first on Bitcoin PR Buzz.

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Press Release: Paribus is launching a DeFi-based borrowing platform, allowing users to borrow against their digital assets in a revolutionary way. Allowing previously stagnant assets like NFTs to be used as collateral for loans.

March 14th, 2022, Miami, USA – Paribus is taking DeFi to the next level with the help of Cardano. Cardano’s interoperability removes the restrictions imposed by the isolated ecosystem, allows value to flow freely, and increases the potential of the protocol and its users. Being powered by Cardano, users can now borrow against their digital assets with a DeFi perspective. Be it NFT or any synthetic asset, Paribus offers users the platform for safe and fast borrowing against their digital assets.

The Paribus Protocol

Paribus offers DeFi holders and investors a platform to extend the reach of their digital assets and positions around the globe. For the first time one platform is bringing together the functionality of borrowing and lending against a huge variety of assets, in a decentralized and permissionless way. 

Paribus’ features and protocol is designed to evolve with new crypto asset classes, capturing the value stored in the emerging universe of interconnected blockchains. The Paribus protocol sets out to channel this monetary energy in previously impossible ways, creating even more opportunity for investors.

Combining NFTs and DeFi

With Paribus, users can even borrow against their NFT investment. This will free up capital while the underlying NFT will hold its value intact. Paribus also allows users to stake NFTs with pool value with other like-NFTs, allowing users to generate yield on their NFT assets.

In addition to NFTs, users can also borrow against their AMM liquidity positions through the Paribus protocol. This will allow users to leverage up while staking or earning through LP’ing.

Staking in Liquidity Pools

With Paribus, users get access to the market-specific staking pools for LP tokens from multiple blockchain-based liquidity pool which allows for the following benefits:

• Cheap transactions
• Incredibly high throughput
• Security and reliability

Paribus is now offering native staking for the PBX token on their platform, offering a dynamic APY and high rewards. There are two pools that remain open, Argenti and Aurum. These pools are only open for a limited time.

The PBX Token

PBX is Paribus’ native governance token. PBX allows its owners to create and vote on the future of the network. The ultimate goal of PBX tokens is to coordinate incentives across the Paribus Revenue Protocol to create a systematic harmony between the security of stakeholders, the protocol itself, and internal assets. Owners of the PBX tokens are also entitled to receive a percentage of the fees earned through the protocol in proportion to their stakes. The more users stake, the higher their tier and the higher percentage they earn. 

For more information on how Paribus is pioneering borrowing in the DeFi space, visit their website here.

Follow Paribus on Twitter

Join the Paribus community in Telegram 

Connect with Paribus on LinkedIn

Media Contact Details

Contact Email: hello@paribus.io

PARIBUS 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

The post Paribus Launches DeFi Platform to Enable Users to Borrow Against Digital Assets appeared first on Bitcoin PR Buzz.

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Source: BPRB Feed

Source: thinkbitcoins

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Press Release: The strategic partnership between Bit2Me and Huobi Ventures will leverage blockchain technology to reach a Spanish-speaking market of 500 million people. 

19th January 2021, Madrid, Spain — Huobi Ventures, the global investment arm of Huobi Group, today announced a strategic partnership with Bit2Me, the Spanish company that offers technological financial services based on cryptocurrencies. Under this strategic partnership, Huobi Ventures will purchase tens of millions of B2M tokens, funding the company’s future growth plans. 

Partnership Targets Market of 500 Million 

The two parties will explore and execute long-term partnership opportunities, capitalizing on Huobi’s cutting-edge technology and resources and expanding its reach to Spanish-speaking markets around the world.

Huobi Ventures’ investment follows Bit2Me’s 20-million EUR ICO in September and reflects Huobi’s interest in targeting Spanish-speaking markets around the world, which cover a population of over 500 million people. 

What Bit2Me Brings to The Table

As a growing cryptocurrency company in Spain, Bit2Me offers more than 20 solutions to buy, sell and manage virtual currencies and Euros on a single platform. Bit2Me also plays an important role in increasing crypto adoption in Spanish-speaking markets with its user education and media businesses, Bit2Me TV, Bit2Me News, Bit2Me Agenda, and Bit2Me Academy, all of which are aimed at educating the next generation of crypto investors. Bit2Me has facilitated more than 1.5 billion EUR in transactions since launching in 2015.

Unica Yin, Director of Strategic Investments at Huobi Ventures stated: 

“Bit2Me has a bright future. The company shares our vision of increasing global crypto adoption, and we firmly believe that it will become a leader in crypto products and services in the Spanish-speaking world. We plan to partner with Bit2Me on investments, management, and technology, and hope to discover more mutually beneficial opportunities going forward.”

To date, Huobi has invested over $70 million dollars across hundreds of projects in blockchain, media, public blockchains, stablecoins, and other emerging sectors. Huobi Ventures invests in projects that have the potential to impact the broader blockchain industry and can supplement Huobi’s growing global ecosystem. The official Huobi Ventures Medium page can be visited by interested parties for additional information. 

About Huobi Ventures

Huobi Ventures is a wholly-owned subsidiary of Huobi Group that focuses on global investments. Huobi Ventures’ structure is divided into four business lines: Strategic Investment, Strategic M&A, Asset Management, and Global Cooperation. Thus far, Huobi Ventures has launched three funds to focus on Blockchain, HECO Ecology, and NFTs, respectively. Huobi Ventures aims to drive growth for Huobi Group and create a global ecosystem with our partners.

Bit2Me Socials 

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Media Contact Details

Contact Name: Victoria Salas

Contact Email: media@bit2me.com  

Bit2Me 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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