Stablecoin

CoinFLEX launches CoinFLEX.US, America's first exchange to offer zero-fee trading and an interest-earning stablecoin

Retrieved on: 
Thursday, April 28, 2022

MIAMI, April 28, 2022 /PRNewswire/ -- CoinFLEX.US launches today as a subsidiary of CoinFLEX, a leading crypto yield platform and futures exchange, representing a key milestone for establishing its presence in the US. Headquartered in Miami, CoinFLEX.US aims to grow into a team of 40 by year end to accommodate the surging demand for crypto yield and passive income in the market. The primary focus during the rollout is growing the mass adoption of their interest-earning stablecoin, flexUSD.

Key Points: 
  • The primary focus during the rollout is growing the mass adoption of their interest-earning stablecoin, flexUSD.
  • CoinFLEX has rapidly expanded its ecosystem since it was founded in 2019, achieving over $1 trillion in trading volume and $400 million in flexUSD market cap in 2022.
  • CoinFLEX.US, a US-registered subsidiary of CoinFLEX, is a crypto yield platform and exchange, offering US crypto investors the opportunity to easily trade, mint, and earn crypto.
  • CoinFLEX is backed by crypto heavyweights, including Roger Ver, Mike Komaransky, Polychain Capital, Dragonfly Capital, DDC, DRW, and Grapefruit Trading.

TUSD-am3CRV Pool Launches on Curve (Polygon) with the Gauge Feature

Retrieved on: 
Thursday, April 28, 2022

Compared with other trading protocols, Curve offers more carefully chosen trading pairs featuring exceptionally low slippage and handling fees for better liquidity.

Key Points: 
  • Compared with other trading protocols, Curve offers more carefully chosen trading pairs featuring exceptionally low slippage and handling fees for better liquidity.
  • In addition, Curve's gauge system is a focal point of many liquidity pools.
  • Last November, TUSD launched on Balancer Polygon with a stablecoin pool to offer TUSD and BAL distributions to liquidity providers.
  • In the Ethereum ecosystem, the TVL in the TUSD-3CRV pool amounted to $80 million, higher than that of most other pools.

Rebase Finance Introduces Auto-Staking and Auto-Compounding Protocol With High APY

Retrieved on: 
Wednesday, April 27, 2022

The Rebase Finance token ($REBASE) will be launched on May 03, 2022, 5 PM UTC.

Key Points: 
  • The Rebase Finance token ($REBASE) will be launched on May 03, 2022, 5 PM UTC.
  • Rebase Strategic Investment (RSI) is devised by the finance team to bring value to holders of the Rebase token.
  • Rebase Finance is an innovative project that provides auto-staking and auto-compounding capabilities with a market fixed APY of 300,000%.
  • REBASE also aims to provide a long-term high intrinsic value to all users of the protocol.

Rebase Finance Introduces Auto-Staking and Auto-Compounding Protocol With High APY

Retrieved on: 
Monday, April 25, 2022

The Rebase Finance token ($REBASE) will be launched on May 03, 2022, 5 PM UTC.

Key Points: 
  • The Rebase Finance token ($REBASE) will be launched on May 03, 2022, 5 PM UTC.
  • Rebase Strategic Investment (RSI) is devised by the finance team to bring value to holders of the Rebase token.
  • Rebase Finance is an innovative project that provides auto-staking and auto-compounding capabilities with a market fixed APY of 300,000%.
  • REBASE also aims to provide a long-term high intrinsic value to all users of the protocol.

TrueUSD and Balancer Offer Liquidity Providers TUSD and BAL Rewards from Stablecoin Pool Incentive Program

Retrieved on: 
Thursday, March 31, 2022

Singapore, Singapore--(Newsfile Corp. - March 31, 2022) - TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November.

Key Points: 
  • Singapore, Singapore--(Newsfile Corp. - March 31, 2022) - TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November.
  • In return for adding liquidity, providers will receive BAL, TUSD, and MATIC, an outstanding opportunity for liquidity providers to gain exposure to three different assets while providing liquidity to the ecosystem.
  • All MATIC rewards were paid out in early 2022, while liquidity bonuses in TUSD and BAL were maintained.
  • By offering liquidity providers TUSD and BAL rewards from their stablecoin pool incentive program, TrueUSD and Balancer hope that such unprecedented success will continue to deliver stable liquidity to the Polygon ecosystem.

TrustToken Bolsters Executive Suite with Addition of Wall Street and Product Veterans

Retrieved on: 
Thursday, March 10, 2022

Wall Street veteran Bill Wolf and long-time product executive Ryan Christensen will bolster the companys pedigree with traditional finance and level up its product leadership.

Key Points: 
  • Wall Street veteran Bill Wolf and long-time product executive Ryan Christensen will bolster the companys pedigree with traditional finance and level up its product leadership.
  • To strengthen its traditional finance experience, TrustToken welcomes Bill Wolf, who joins the company as Chief Investment Officer.
  • Prior to joining TrustToken, he was the President & CEO of Lobo Leasing Ltd., a Blackstone-backed helicopter leasing and advisory service.
  • To explore the many career opportunities at TrustToken, visit our Team page at https://www.trusttoken.com/about/
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220310005591/en/

Geopulse Exploration Provides Shareholder Update

Retrieved on: 
Thursday, February 17, 2022

LOS ANGELES, CA, Feb. 17, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire Geopulse Explorations, Inc., (OTCMKTS: GPLS ), a blockchain-powered logistics, financial services and communication solutions development company for emerging growth companies, provides the following update to its shareholder base.

Key Points: 
  • LOS ANGELES, CA, Feb. 17, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire Geopulse Explorations, Inc., (OTCMKTS: GPLS ), a blockchain-powered logistics, financial services and communication solutions development company for emerging growth companies, provides the following update to its shareholder base.
  • The Stablecoins will be collateralized 1:1 with US Dollar deposits, named DoKT tokens.
  • We expect to receive word shortly that we are approved to launch, commented Marcus Laun, Geopulse Explorations CEO.
  • The capital generated from this tender offer will provide additional capital for the Company around its initial launch phase.

Mr. Allen Le Nam, Co-Founder & CEO from Bitbank Holdings Canada Inc. has Invested in Billionaire Plus

Retrieved on: 
Tuesday, February 15, 2022

And he has officially become the Chairman & CEO of Billionaire Plus.

Key Points: 
  • And he has officially become the Chairman & CEO of Billionaire Plus.
  • As a part of the development plan, Mr. Allen Le Nam will register and open a Billionaire Plus Representative Office called Unicorn Studio in Ho Chi Minh City, Vietnam from 2022.
  • Mr. Allen Le Nam graduated with a Bachelor of Business Administration in Canada and Master of Finance in the US.
  • It is not so surprising that under Allen Le Nam's leadership, Billionaire Plus will become the first Gamefi - Metaverse to own real estate projects in real life.

TrueFi Launches First Protocol-to-protocol Lending Portfolio for Perpetual Protocol, Powering Up to $100m in DEX Liquidity

Retrieved on: 
Tuesday, February 8, 2022

As part of the collaboration, TrueFi launches its first protocol-to-protocol lending portfolio, supporting market makers with access to competitively priced loans to support even deeper liquidity on Perpetual Protocol.

Key Points: 
  • As part of the collaboration, TrueFi launches its first protocol-to-protocol lending portfolio, supporting market makers with access to competitively priced loans to support even deeper liquidity on Perpetual Protocol.
  • Decentralized exchanges - trading platforms powered by smart contracts - have emerged as one of the key cornerstones of the space.
  • TrueFi helps Perpetual scale its liquidity efforts by launching a dedicated lending portfolio to market makers providing liquidity directly to Perpetual's trading pairs.
  • TrueFi is thrilled to support Perpetual as its first protocol-to-protocol lending partner, powering liquidity for Perpetual's groundbreaking offerings, in a portfolio we expect to pass $100 million by year's end."

TrueUSD's 2021 in Review: Partner with Public Chain Ecosystems and Builder of Compliant, Transparent Finance

Retrieved on: 
Monday, January 24, 2022

2021 witnessed TrueUSD's remarkable progress in public chain, DeFi, and exchange cooperation, which fueled the sharp increase of its market cap.

Key Points: 
  • 2021 witnessed TrueUSD's remarkable progress in public chain, DeFi, and exchange cooperation, which fueled the sharp increase of its market cap.
  • TrueUSD also announced the launch of the $1 billion Fountain Incentive Program to turbocharge the growth of various DeFi ecosystems.
  • Moreover, its exploration of different public-chain ecosystems and efforts in the DeFi field have prepared TrueUSD for a glittering 2022.
  • While scaling up cooperation with major exchanges, public chains, and their DeFi ecosystems, we will explore more innovative use cases of TrueUSD to offer greater value for users.