The total value locked (TVL) on the Cardano network has soared past $270 million since the beginning of the year. ...

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Metria Network, the much-awaited solution for the entire crypto industry will be within reach soon. The chain agnostic decentralized infrastructure is designed to meet the needs of new-age DeFi and NFT applications by overcoming the issues of scalability, interoperability, and fragmentation of liquidity. 

Currently under development, the Metria multichain platform is a Polygon-based ecosystem that combines the necessary features and enhancements required to enable seamless transfer of digital assets and liquidity across protocols. While a Polygon native platform, Metria also supports Ethereum and Binance Smart Chain at the moment, with plans for inclusion of more protocols in the future. 

A Peek into the Metria Ecosystem

The Metria ecosystem provides all the necessary infrastructure and tools for the development and deployment of a diverse range of multichain capable DeFi and NFT applications. The first few products to be launched as part of the ecosystem are the project's flagship decentralized exchange platform – Metria DEX, NFT tools and Unified NFT Marketplace and Universal Staking and Farming platform. 

Metria DEX

The native DEX protocol of the Metria ecosystem, Metria DEX is a completely decentralized, user-friendly multichain exchange platform that incorporates a familiar interface and CEX like features. The exchange protocol acts as a single window for users to trade any crypto asset, available on any of the supported blockchain protocols. Apart from enabling cross-chain trading of existing crypto assets, the platform also supports trading of synthetic tokens linked to real-world assets. 

The Metria DEX dashboard acts as a unified interface for cross-chain trades, swaps, staking, yield farming and other DeFi activities. Apart from its own staking and farming protocols, Metria DEX also acts as an aggregator by listing staking pools and prevalent APYs in real-time. Users can directly stake their assets on any of the listed pools from within the dashboard.

Unified NFT Marketplace

Metria is laying the groundwork for a robust, universal NFT ecosystem with its Unified NFT Marketplace. The first of its kind decentralized multichain NFT marketplace allows users to mint, trade and auction NFTs within Metria as well as other blockchain ecosystems. As the name suggests, the Unified NFT Marketplace acts as a single window for users to discover NFTs across different marketplace on various protocols and purchase them directly using Metria's native utility token.  

NFT Creators can make use of the NFT creation tools and other NFT related services to mint NFTs, assess their value and list on the Unified NFT Marketplace. Once listed, the NFTs will be indexed across marketplaces on all supported protocols amplifying discoverability in the process. 

Metria Blockchain 

Undergoing development in parallel to other Metria platform features, the Metria Blockchain is a Polysharding-based EVM compatible PoS blockchain protocol designed for chain agnostic operations. The protocol is being developed as a universal protocol that can cater to the needs of new age DeFi and NFT projects by providing a low-cost, highly scalable, and completely decentralized infrastructure solution. The cross-chain capability and EVM compatibility makes it easy for both new and existing projects to adopt Metria and gain access to a much wider community and enhanced liquidity from across different protocols. A key differentiator between Metria and other networks is the ability of Metria to enable seamless transfer of assets across protocols with the help of specialized crypto bridge infrastructure. By erasing the boundaries between protocols, Metria enables free flow of liquidity to maintain a healthy balance of demand and supply for projects within the ecosystem.  

The $METR Token

Powering the entire Metria cross-chain ecosystem, now and in the future is $METR. The ecosystem's utility and governance token, $METR is a multichain token that will be initially available on Polygon, Ethereum and Binance Smart Chain. Its presence will expand to other protocols as and when Metria extends support for those chains. 

$METR is the preferred mode of value exchange within the Metria ecosystem. Using the token, users can gain access to various products and services, enjoy discounted trading fees on Metria DEX and NFT Marketplace, and earn through staking, liquidity provisioning and yield farming activities within the ecosystem.  

The upcoming $METR whitelisting and public sale will be followed by listing on popular AMM DEXs – Uniswap, QuickSwap and PancakeSwap on Ethereum, Polygon and Binance Smart Chain respectively will enable the community to gain access to the token.

About Metria

Metria is an all-inclusive, fully decentralized financial ecosystem that erases all boundaries between Blockchains and Cryptocurrencies.  A unified platform, the infrastructure is designed to provide every individual, access to digital assets with absolute ease.

Learn more about Metria at: https://metrianetwork.io/

Read Metria's Tweets at: https://twitter.com/metria_network

Follow Metria on Instagram at: https://instagram.com/metrianetwork

Join the Metria Community at: https://t.me/MetriaNetwork

Follow Metria on LinkedIn: https://www.linkedin.com/company/metria-network/

Join discussions on Discord at: https://discord.com/invite/7VnbN8uM

Metria on Reddit: https://www.reddit.com/r/MetriaNetwork

Media Contact:

Metria Network
[email protected]

BRISBANE, AUS, Mar 15, 2022 - (ACN Newswire) - The Decentralized Finance space has boomed from success stories like DOGECOIN, SAFEMOON, SHIBA INU, BABY DOGE, KISHU INU and more who are bringing users to Decentralized Exchanges like PANCAKSWAP, MDEX, UNISWAP, SPOOKYSWAP, QUICKSWAP, and more, to trade their tokens. In just 24 hours PANCAKESWAP receives an average of $828,389,383 USD in Trading Volume. Followed closely by SPOOKYSWAP receiving an average of $510,961,838 USD in Trading Volume in 24 hours.
While everyone is scrambling to find the next big thing in DeFi, BODA Token has been working hard to build a unique and first-of-its-kind product for the DeFi sector. Boda Token is proud to announce its successful launch of BodaSwap! The First Decentralized Exchange to eliminate Slippage requirements when trading Binance Chain tokens. Unlike other DEX platforms like Pancakeswap, MDEX, UniSwap, SpookySwap, Quickswap, and many more, which require a minimum slippage input to trade tokens, BodaSwap is free from slippage. Slippage is often used to create a buffer when swapping two tokens on a Decentralized Exchange, and while not always charged as a fee, sometimes the slippage can cost the user a small number of tokens in the trade. By eliminating the slippage requirement, tokens traded on the BodaSwap DEX give the user more value for their swap. A DeFi trader who utilized Pancakeswap and BodaSwap, where two identical trades were made, was able to demonstrate that the gas fee on Pancakeswap cost the user $2.28 and the gas fee on BodaSwap only cost $1.69. Saving the user 59 cents in gas fees by using BodaSwap.

BodaSwap is a utility product that will provide added value to the native BODAV2 token, which is part of the Boda Company. Revenue generated from trades on BodaSwap will be utilized for buyback and burns of BODAV2 tokens. This process will help to increase the value of BODAV2 tokens and provide more BUSD Rewards to existing holders of BODAV2 Tokens.

Based on the average daily volume received on Pancakeswap at over $800 Million USD, the 0.2% fee per trade on BodaSwap could potentially generate $1.6 Million USD per day for BODAV2 Tokens. With 6% of that $1.6 Million USD, $96,000 USD, converted to BUSD rewards for token holders.

BODAV2 Token is the highest paying reward token on Binance Smart Chain, automatically rewarding its holders in the form of Binance Pegged BUSD. Since BUSD is a stablecoin pegged to the US Dollar it will never shift in price, making it a great choice for passive income. As a DeFi token that automatically rewards investors with a stable passive income for holding, BODAV2 helps to reduce the risks involved with cryptocurrency market volatility. Holders can keep earning during a crypto bear market as token price does not affect the BUSD rewards. Over time, holders can earn enough BUSD rewards to cover their initial investment, turning their investment into a cost-free asset.

No other smart contract is like BODAV2 as it has been built from scratch. An anti-whale and anti-dumping mechanism help to protect investors from heavy losses. BODAV2 has been audited by Certik, the leading Smart Contract Auditing Company in the world, which provides much greater security and peace of mind for BODAV2 holders.

BodaSwap is a real contender in the Decentralized Exchange sector as the first DEX to facilitate trades without slippage and with lower gas fees. Many users will find themselves turning to BodaSwap over other DEXs like Pancakeswap with the ease of trading tokens and paying less in fees.

In addition, BodaSwap is providing a Fiat On-ramp for customers to purchase cryptocurrency with Visa or Mastercard. This Fiat-to-Crypto feature is ideal for customers in locations such as America where purchasing crypto tokens such as BNB can be difficult.

With companies like Binance pushing crypto further into the mainstream audience, people finally realize the true potential of Crypto Currencies. It is this sentiment that will continue to bring BodaSwap & BODAV2 and its community to new and even greater heights.

Media Contact:
Company: BODA Token
Website: https://bodatoken.app/
Discord: https://discord.gg/XMF4UctSnv
Twitter: https://twitter.com/BodaToken
Email: [email protected]

SOURCE: BODA Token

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comBoda Token is proud to announce its successful launch of BodaSwap! The First Decentralized Exchange to eliminate Slippage requirements when trading Binance Chain tokens.

OKEX or OKX, as they have recently rebranded to (more on that later), is a large cryptocurrency exchange and one of the OG’s in the crypto space established all the way back in 2016. Using its expertise in the spot market, OKX offers its users the opportunity to trade Futures, perpetual swaps and options markets. In […]

The post OKX Exchange: Complete Rebranding Overview appeared first on Coin Bureau.

USDC, USDT, BUSD, PAX, TrueUSD, and DAI are all examples of stablecoins that have recently gained popularity. They have an issue with price stability and liquidity (particularly decentralized stablecoins). When MakerDAO reduced its stability charge to 5.5 percent, many customers of Compound (which had an interest rate of 11 percent at the time) decided to stay because they had taken out a loan in DAI and changing DAI to USDC is a costly procedure.  At the same time, many DeFi users are eager to lend their stablecoins in exchange for a 5% APR, which is far higher than what traditional banking gives. Users would be hesitant to provide the same money to trading firms that guarantee profits. Curve Finance addresses the issue of lack of liquidity while trading Stablecoins and high costs.  Introduction Curve Finance uses liquidity pools and bonding curves to enable high-efficiency stablecoin trading and low-risk rewards for liquidity providers. When trading from one stablecoin to another on Curve, customers are not vulnerable to the price slippage on DEXs. Curve, unlike Uniswap, lends assets on Compound when they aren’t being traded and pays liquidity providers interest on those loans. Curve was created as an alternative to trading stablecoins on general-purpose DEXes like Uniswap, which have algorithms that aren’t designed for such transactions. Curve’s debut resulted in increased liquidity and more competitive prices for stablecoins. As interest rates in money markets changed, DeFi lenders might quickly and efficiently switch from  USDT to USDC or USDC to DAI etc. Curve is an Ethereum-based exchange liquidity pool. The Curve is built for incredibly efficient stablecoin trading and low-risk trading fees go to liquidity providers and veCRV holders. Curve currently offers over 40 distinct official liquidity pools, with the tricrypto2 (USDT / wBTC / WETH) and 3pool (DAI / USDC / USDT) being two of the most popular. However, it’s worth noting that pegged asset trading is still a big part of the market. CRV Token CRV is the Curve protocol’s governance token. It is primarily utilized to incentivize liquidity to the platform. The rise in capital benefits Curve users because it gives more trading liquidity and decreases slippage for end-users. Voting, staking, and raising rewards can be gained by using the CRV token. Users can participate in the community and can introduce or vote on proposals.  Depositors can obtain 50% of all trading fees generated by the protocol by staking their CRV tokens. Liquidity Providers can use boosting to increase their CRV awards by up to 2.5x. To access all of these features, token owners must lock their CRV in Curve for vote-escrowed CRV (veCRV) in exchange. The longer the CRV is locked in Curve, the more veCRV you received. For example, 1,000 CRV locked for a year produces 250 veCRV, but the exact amount locked for four years produces 1,000 veCRV. As a result, the longer the lock-up period, the greater the user’s voting power and incentives. This ensures that token holders are invested in the protocol’s long-term success. Curve Token Distribution The following groups received CRV tokens as part of the initial token distribution: 61% to pre-CRV liquidity providers with a one-year vesting period; 30% to shareholders (founders and investors) with a 2-4-year vesting period; 3% to team members with a two-year vesting period; and 5% to the community reserve. The remaining 57 % of the overall maximum supply will be given in stages to future liquidity providers as incentives. Despite the original supply of 1.3 billion, the effective circulating quantity of CRV was zero at launch, due to vesting schedules. Based on this timeline, the inflation of released CRV is expected to be large in the next few years. Only 11.2 percent of the supply is in circulation as of March 10, but that number is expected to rise to 3.37 billion in five years. How to Trade on Curve DEX? Similar to most DeFi applications, you have to allow Curve protocol on your wallet to interact with your DAI or USDC balance before you can trade. Select the asset you’d want to convert (for example, USDC) and the amount (for example, 1,000) on the exchange; the exchange rate and quantity you’ll receive (including all slippage and costs) will be displayed. Curve’s value is in its ability to surprise you with its exchange rate.  Fees Currently, all pools have a 0.04 percent fee, 50% of which goes entirely to liquidity providers and 50% to veCRV holders. There is no charge for administration. DAO members have power to determine fees and pool specifications. What are Liquidity Pools? Liquidity pools are a type of smart contract that contains a pool of tokens. If you were to make a pool of DAI and USDC, one DAI would equal one USDC. You would have the same number of tokens in the pool, … Continued

The post Curve Protocol : Leading DEX for Stablecoins appeared first on Cryptoknowmics-Crypto News and Media Platform.

Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine. Chainalysis Offers Crypto Industry New Sanctions-Screening Tools As the military conflict in […]

Interoperable blockchain Polkadot is the most widely held altcoin among venture capital firms and hedge funds, according to a report from Messari. In an analysis of 57 funds, Messari found that over 24, or 42% of the funds, hold DOT, making the smart contract platform the most bet-on crypto asset on the market. “Additionally, as […]

The post Polkadot: The Most Widely Held Crypto Asset Among Venture Capitalists and Hedge Funds appeared first on Coin Bureau.

Brookings, one of the most influential think tanks in Washington DC, is ringing alarm bells about privacy coins like Monero and Zcash.

The post Top US think tank warns Monero, Zcash could help evade sanctions appeared first on Protos.

Seville, Spain, Mar 10, 2022 - (ACN Newswire) - Hector Finance has announced the New NFT Collection as its Bitmart Listing Date Nears. In 2022, the Hector ecosystem will have a lot to offer, but some of the most important projects include Defi NFTs and Hector Pay, as well as Hector Bank, Hector Swap, Hector Launch, and others. Hector Finance is working on a DeFi game where participants may earn rewards for participating (P2P). The NFTs will be used in the game, which will evolve over time. The game's profits will be utilized to extend not only the game but the entire Hector Ecosystem. After an eventful launch of Hector Bank and the stablecoin TOR, the project has announced its much-awaited NFT collection called Mythos.

The NFT collection honors the Olympian gods in this collection of 16 artworks based on Greek mythology. The collection will have a total of 10,000 animated NFTs, with each artwork featuring five different rarities. The collection includes 16 works of art, each having five distinct rarities. Apart from the amazing animated artworks, the main purpose is to recruit new community members, expand Hector Finance and its ecosystem, support the Fantom network, and benefit our community. As a result, the earnings made in the mint and on the secondary market are inevitably considered when designing this series. Three components will be used to distribute minting earnings: To help finance the project's expansion, the Treasury will get 20% of the mint's profits. 40% of the proceeds will be used to finance development expenditures for the upcoming GameFi Projects. The Fantom Lottery will receive 40% of the money.

NFT producers will be able to mint their tokens using the Hector Ecosystem. A part of the royalties from NFT sales will be used to buy HEC tokens and distribute them to NFT holders. Hector's ability to advertise and sell NFTs will be an incentive for NFT producers. Buyers have an incentive because simply owning the NFTs listed on the Hector ecosystem earns them money. As a result, Hector is able to cooperate with the best NFT producers to deliver unique collections to holders.

For the NFT holders, the Fantom lottery is a contest with a large reward pool in general. Every four weeks, these prices will be assigned at random. Depending on the overall amount of earnings, the size and number of total awards will vary. Each draw features six unique Fantom-based creations. As a result, prize packages will vary in value but will always include all six projects, allowing every NFT holder to win a variety of rewards made up of six tokens!

This will benefit Fantom in general in terms of constant growth, projects on Fantom in terms of gaining attention, and the Hector Ecosystem in terms of development and influence. At each raffle, five of the six projects will be the same. The sixth will be altered. Projects and the community will be able to submit suggestions to be considered for inclusion. The project thoroughly examines the submissions before putting them up for a vote.

Hector Finance native tokens to list on Bitmart; cross-chain DEX nears completion

Apart from the big launch and project completion, the Hector ecosystem's native governance token $HEC and stablecoin $TOR will be listed on Bitmart on March 10th.

$HEC scored 89 in the Certik security audit and now $TOR audit results are out and the score is 92. There are no security risks as per the audit conducted by Certik.

Hector Finance is close to completing its cross-chain DEX, which will allow consumers to move between tokens on many networks with a single click, in conjunction with Rubic Exchange. The team believes that chain-agnostic projects will have a lot of promise in 2022 and beyond and that being entirely "chain-agnostic" for Hector Finance's future would be a vital step.

Users will be able to switch between tokens across many networks with one click on Hector DEX, removing the majority of the complications and effort associated with token bridging. Hector DEX will also be the "backbone of [Hector's] general cross-chain development, eventually letting users work with our solutions from any chain, as if they were natively on Fantom," according to the Hector Finance team in a recent video. It'll be possible because of this. If Hector Finance can solve the problem of bridging and exchanging chains, which is a problem that 3 million customers confront on a regular basis, the company has a lot of potential.

Hector Finance's products will be available to a far larger audience, providing them with access to a much greater pool of liquidity over time. By reviewing all available DEXs and bridges to find the most cost-effective swaps, the DEX platform will save money.

To know more about Hector Finance visit www.hector.finance

Social Links
Twitter: https://twitter.com/HectorDAO_HEC
Twitter NFT: https://twitter.com/Mythos_HEC
Telegram: https://t.me/hectorDAO
Reddit: https://www.reddit.com/r/hectordao/
Youtube: https://www.youtube.com/c/HectorDAO
Instagram: https://www.instagram.com/hectordaohec/
Medium: https://medium.com/@HectorDAO
Discord: https://discord.gg/hector
Github: https://github.com/HectorDAO-HEC
TikTok: https://www.tiktok.com/@hector_dao
Buy HEC on Fantom: https://docs.hectordao.com/how-to-buy/for-users-already-on-the-fantom-network
Buy HEC on FTMScan: https://ftmscan.com/token/0x5C4FDfc5233f935f20D2aDbA572F770c2E377Ab0

Media Contact
Brand: Hector Finance
Contact: Cecilio Olvera
Email: [email protected]
Website: https://hector.finance/

SOURCE: Hector Finance

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

DeGate, a decentralized exchange (DEX) protocol built on zero-knowledge technology, today announced the release of its testnet. Following testnet, plans call for the launch of the mainnet this summer. Zero-knowledge (ZK)-based DEX Gas fees are a major concern on Ethereum. Conventional AMM DEXs incur high gas fees on Ethereum and provide only market orders, where […]

The post Testnet for decentralized limit trading protocol DeGate goes live appeared first on CryptoNinjas.

The time has finally come for the highly anticipated and long-awaited SundaeSwap DEX on the Cardano network. There is no question that DEXs such as Uniswap, SushiSwap and QuickSwap have changed the financial landscape and completely redesigned what was once thought impossible in a financial ecosystem. Decentralized Finance (DeFi) is growing at breakneck speeds and is enjoying rapid rates of global adoption as more […]

The post SundaeSwap: Decentralized Finance on Cardano appeared first on Coin Bureau.

As cryptocurrency becomes more of a standard trading medium for investors around the globe, decentralized exchanges (DEXs) have arisen to support their buying, selling, and trading.