您现在的位置是:Exotic Markets goes live on DevNet ahead of March mainnet >>正文
Exotic Markets goes live on DevNet ahead of March mainnet
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛63397人已围观
简介Exotic Markets raised $5 million in December 2021 as it looked to launch its DeFi protocol.The DevNe...
Exotic Markets raised $5 million in December 2021 as it looked to launch its DeFi protocol.
The DevNet will allow users to test the features and supports five tokens- Bitcoin (BTC), Solana (SOL), Serum (SRM), Raydium (RAY) and USD Coin (USDC).
The protocol's mainnet is expected to go live at the end of March.
Exotic Markets, a decentralised wealth management protocol on the Solana blockchain, went live today, Friday, 18 February 2022 on DevNet.
With this launch, Exotic Markets unveiled the first-ever dual currency notes and accumulators, allowing for access to a wide range of payoffs for users within the growing decentralised finance market.
What's dual currency?
Dual-currency notes make it possible for DeFi participants to deposit their tokens and in turn earn rewards paid as per the deposited token’s performance. Users seeking diversification can add to their portfolios by leveraging the protocol’s Accumulator feature, which helps holders access given tokens when they hit low price levels.
The alpha version of the protocol’s technology also allows users to test its flexible structured products. In mainnet, the pre-packaged investments will provide for yields in stablecoins, rather than in governance tokens.
In DevNet still, users can monitor their investments and even manage swaps, with ease of use enhanced by the platform’s compatibility with popular Solana wallets such as Phantom and Solflare.
NFT vouchers to best and worst performers
Users will have access to a real-time leaderboard where they can track performances, with the worst-of feature allowing worst performers to receive NFT vouchers as rewards alongside best performers and most active users.
Initially, the DeFi protocol will support five tokens on its DevNet, including Bitcoin (BTC), Solana (SOL), Serum (SRM), Raydium (RAY) and USD Coin (USDC).
As for future plans, Exotic Markets targets going live on Mainnet at the end of March 2022. It'll also launch its EXO token.
Multicoin and Ascennsive Assets led a $5 million private investment round in December 2021, with the token sale also contributed to by Animoca Brands, Morningstar Ventures, Alameda Research and Solana Capital.
Image credit: Exotic Markets
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/531646.html
相关文章
Polkadot price will not recover in 2023 until this happens
Exotic Markets goes live on DevNet ahead of March mainnetPolkadot price plunged hard in 2022.The decline was caused by both internal and external factors.It...
阅读更多
Ether outpaces Bitcoin ahead of Ethereum hard fork
Exotic Markets goes live on DevNet ahead of March mainnetBitcoin stagnated over the weekend, while Ether made gains of 3.7% ahead of the London upgrade on We...
阅读更多
Paysafe selects Elliptic for crypto compliance
Exotic Markets goes live on DevNet ahead of March mainnetThe payments platform will leverage the Elliptic Lens solution to manage its risk regarding indirect...
阅读更多
热门文章
- Haptic hero: Phantom Glove wins CES for changing how we interact
- Hedera, Fantom, XRP, Filecoin prices rise as US inflation dips
- This new recyclable wind turbine blade has Elium resin in it
- Are fan tokens dead? Are sports tokens good investment?
- Sony drives its new Afeela electric car on stage using a PS5 controller
- Metacade vs Apecoin: MCADE likely to overtake APE in 2023
最新文章
The best places to buy Metahero after HERO coin surges in value
Ethereum holders with 100
Grayscale partners with BNY Mellon on Bitcoin ETF
Top 3 cryptocurrency picks to invest when the bull market returns
Bitcoin price vs Tesla stock: Which is a better buy in 2023?
CoinEx announces BitHK crypto platform for Hong Kong users