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Tag: slippage

SFOX Receives Approval to Become a Wyoming Trust

Prime Broker’s Trust Charter Will be First-Ever Cryptocurrency Platform to Provide Clients with Full Range of Investment, Trade Execution, and Custodian Services SAN FRANCISCO–(BUSINESS WIRE)–SFOX, a digital asset prime dealer that unites liquidity from 30+ global exchanges and OTC desks in one platform to power trading at scale, announced today the state of Wyoming has […]

The post SFOX Receives Approval to Become a Wyoming Trust appeared first on Fintech News.

Cardano Based Acardex Commences ACX Token Seed Sale to Early Adopters

The Acardex Defi platform has begun token sales to develop the world’s largest decentralized exchange and cross-chain NFT marketplace on the Cardano Blockchain. The Acardex platform enables users to transfer native tokens and NFTs from other Blockchains to the Cardano Blockchain efficiently and seamlessly. Acardex functionalities When users join liquidity pools, Acardex allows them to become a liquidity provider on the Cardano Blockchain using the AMM protocol and generate passive revenue by collecting fees on “ADA — Cardano Native Tokens pairs.” Acardex’s development team is also developing a native assets lending protocol, which will allow users to obtain loans and pool assets for usage in various DeFi applications. The native token for the Acardex network will be $ACX, with a total quantity of 1,000,000,000 ACX. $ACX Token Use Cases Examples of Acardex use cases include, but are not limited to: ADA may be exchanged for other Cardano Native Tokens. Ability to vote and participate in the platform’s governance Swap and slippage charges, for example, can be paid. Participation in Acardex’s NFT decentralized marketplace, which is open and accessible to all. (Will be launched in Q3 this year.) Early adopters of the Acardex token will have exclusive access to NFT Drops, be able to list their NFTs, establish a price, and sell their assets on its marketplace. ACX Token Seed-Sale Details 1 ACX = 0.00125 ADA 1 ADA = 800 ACX Minimum Buy: 300 ADA Maximum Buy: 30,000 Users should only utilize Cardano native wallets like Yoroi Wallet, Daedalus Wallet, Nami Wallet, or Adalite Wallet to participate in the ongoing $ACX Seed-Sale. A complete guideline on participating in the ACX Seed-Sale will be made available. Users should keep in mind that they may only engage in the Seed-Sale via the website: https://acardex.io/seed-sale.html.

Parachain Auctions: Painful or Productive?

Parachain Auctions: Painful or Productive?
In December 2021, Polkadot achieved something it had been working on for a long time:  Parachains from its first round of auctions went live.  This was years in the making, and with all roadmaps that reach a major milestone, it was a big win for Polkadot, the parachains, and the blockchain industry as a whole. […]

5 Popular DeFi & NFT Projects on the Fast-Growing Cronos Chain

Cronos is one of the up-and-coming blockchain ecosystems in the decentralized finance space. The network represents over $2.4 billion in Total Value Locked (TVL) across 44 protocols. More importantly, some of these protocols bring innovative services, products, and ideas to the DeFi industry. VVS Finance (VVS) The VVS Finance protocol is the leading DeFi application [...]

The post 5 Popular DeFi & NFT Projects on the Fast-Growing Cronos Chain appeared first on Blockonomi.

Tuxi Develops a Charity Token to Fund Kitten Protection

Whatever funds come from the token will go to sheltering kittens, funds to help with their vet visits, digital and physical adoption services, and finally, the trade of digital assets. 

The project gets its inspiration from Floki, one of the most trendy meme cryptocurrencies in the market today. Moreover, it has forged partnerships with the Binance Smart Chain, OpenSea, the Metamask wallet, PancakeSwap, and Amazon Smile.

Tuxi has taken its time to build a platform that will make changes and create a name for itself in the crypto world. Its team recognizes the time it has spent perfecting the project and surviving the process while bringing significant connections on board, including developers, designers, advertisers, to mention but a few. So far, the project is not doxxed, and the team remains anonymous. 

The TUXI Token

The TUXI token will be charity-driven, as earlier mentioned, to help people who love cats. Furthermore, the token aims at bringing hype to the project while remaining credible to all users. As such, the token has a secure contract on Unicrypt, hoping to provide security audits and KYC verifications with time. You can view the contract here for more details, including access to its source code. 

TUXI's initial DEX offering will be on Unicrypt, with a 180 BNB hard cap, and a 50 BNB soft cap. The low cap aims at driving the token's volatility. To limit bias during the presale, each account involved can only spend 1.5 BNB. After the presale, the token will also be available on PancakeSwap. Notably, it is a tax-free token, and it is advisable to use low slippage during the sale. 

The project assures its investors that the token will have a finite supply to increase the scarcity of its market supply. Additionally, part of it will be locked to increase the project's liquidity, besides scheduled weekly token burns to improve its market valuation. Therefore, investors can rest easy as $TUXI will be a good option for long-term investment opportunities. 

The project will also encourage long-term community participation, giving more power to the users in decision-making processes. Its soon to come raffle dApp (TUXI Hat Daw) will give users a chance to win huge prizes, increasing the incentives for participation. Its Verifiable Random Functions (VRF) will add to the fairness of how the raffle dApp will work. 

About Tuxi

Tuxi has plans to develop its first dApp that will enable users to connect their wallets to donate to its charity address. It builds a marketplace for NFTs and other merchandise for users to trade assets globally using their Metamask wallets. 

The TUXI Kennel will be an avenue to adopt kittens in the US digitally or physically. On the other hand, TUXI University will help fund aspiring veterinarians who have issues with their education costs.

Another objective is to acquire CoinMarketCap or Coin Gecko's fast-tracking services to get a listing on the sites. Finally, it will have high-end advertising opportunities, including erecting billboards in huge cities and leveraging Dextools.

For more details about Tuxi, visit its website, Telegram, and Twitter pages for updates.

Maverick Protocol Raises $8 Million in a Strategic Funding Round Led by Pantera Capital

maverick-protocol-raises-$8-million-in-a-strategic-funding-round-led-by-pantera-capital

Maverick, a decentralized crypto derivatives protocol, has raised $8 million in a recently concluded funding round led by Pantera Capital. Other prominent crypto VCs who participated in this strategic funding round include Circle Ventures, Altonomy, Coral Ventures, CMT Digital, GoldenTree Asset Management, Gemini Frontier Fund, Spartan Group, LedgerPrime, Jump Crypto, Taureon and the Tron Foundation.…

The post Maverick Protocol Raises $8 Million in a Strategic Funding Round Led by Pantera Capital appeared first on Bitcoin News Miner.

Footprint Analytics: Will Cardano explode in 2022?

After years of fine-tuning its technology, Cardano has finally launched its first DEX on January 20, called SundaeSwap. On the day of its launch, its TVL reached $4.3 million. Cardano’s token, ADA, rose 10% the previous week in anticipation.

Dexalot: Brings CEX Functionality to a Decentralized Trading Platform

Dexalot is a unique decentralized platform that has the goal to deliver the traditional centralized exchange platform experience through a decentralized application on-chain. You only need your crypto wallet. There are no intermediaries, swift transactions, and no custodial ownership. Users can maximize their investment with low fees and with new features in the future and [...]

The post Dexalot: Brings CEX Functionality to a Decentralized Trading Platform appeared first on Blockonomi.

TrueFi launches first protocol-to-protocol lending portfolio for Perpetual Protocol, powering up to $100m in DEX liquidity

Opening with a $5 million lending ceiling supported by Perpetual Protocol’s investors, the first of its kind protocol-to-protocol lending pool on TrueFi will grant...

Quantitative Crypto Insight: an analysis of triangular arbitrage transactions in Uniswap v2

By Indra Rustandi, Nabil Benbada, Yao MaArbitrage definedIn traditional finance, an arbitrage is an opportunity to make a positive gain with virtually no...

An Epic Beginners Guide to Uniswap [2020]

With so many new decentralized finance (DeFi) protocols emerging almost daily on the Ethereum blockchain, those in the crypto space hear almost every day...

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