DigiFinex will list DF, USDx, LEND, SNX and KNC, the top Defi Tokens, at 14:00 (GMT+8) on 27 Aug 2020. Specific schedule is as follows:
Deposit will be opened at 27 Aug 2020 14:00 (GMT+8)
Trading will be opened at 27 Aug 2020 18:00 (GMT+8)
Withdrawal will be opened at 28 Aug 2020 18:00 (GMT+8)
Trading pairs: DF / USDT, USDX / USDT, USDX / BTC, USDX / ETH, LEND / USDT, SNX / USDT, KNC / USDT
Note: DF and USDx open withdrawal and trading time to be determined, please pay attention to the subsequent announcement.
About DF, USDx, LEND, SNX and KNC:
Introduction: dForce advocates to build a DeFi full stack including stablecoin, lending market, liquidity protocol, derivative market, and etc. DF Token is platform utility token that provides transaction payment, governance, incentive and insurance pool.
Introduction: USDx is a decentralized index stablecoin (ERC-20 token) launched by dForce Network (https://dforce.network). It is pegged to a basket of selected stablecoins (80% USDC, 10% PAX and 10% TUSD), with constituents and weightings adjustable through on-chain governance. The bidirectional exchange (from constituents to USDx, and from USDx to a basket of constituents) are wholly on-chain and verifiable on Etherscan.
Introduction: Aave is an open source and non-custodial protocol enabling the creation of money markets. Users can earn interest on deposits and borrow assets.
Introduction: Synthetix is a new flavor of decentralized exchange. There are three key differences relative to most other DEXes: 1.Traders trade against pooled community collateral and not any specific counterparty 2.Traders buy and sell synthetic assets, marked to market by offchain oracles 3.Traders have native access to derivatives and investable baskets The SNX token acts as a foundation and backbone for this model. Before traders can participate, SNX investors stake their tokens to mint liquidity for the network. When traders execute a transaction, they pay a fee to trade against the stakers. A trader's profit adds to the global debt pool and a trader's loss subtracts from it.
Token: KNC(Kyber Network)
Introduction: KyberNetwork, an on-chain decentralized exchange providing several useful applications, including building a practical exchange and providing payment APIs for merchants and users to instantly convert tokens effortlessly and “trustlessly”.
Risk Alert: This project is a new token that poses higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you have done your own research in regards to fundamentals and fully understand this project before opting to trade. DigiFinex will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
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27th Aug 2020
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