Convexity (finance)

Flash News: OKX Wallet Users Can Now Access Prisma Finance, a Decentralized Borrowing Protocol

Retrieved on: 
Sunday, November 5, 2023

SINGAPORE, Nov. 04, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for November 5, 2023.

Key Points: 
  • SINGAPORE, Nov. 04, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for November 5, 2023.
  • OKX Wallet Users Can Now Access Prisma Finance, a Decentralized Borrowing Protocol
    OKX Wallet is now integrated with Prisma Finance , a DeFi Project that aims to maximize the potential of Ethereum liquid staking tokens (LSTs).
  • With this integration, OKX Wallet users can now access Prisma Finance via web extension and do the following:
    • Mint: Users can choose their favorite LST, deposit it as collateral and mint their desired amount of mkUSD
    ○ mkUSD is fully collateralized by liquid staking tokens.
  • The stablecoin will be incentivized on Curve and Convex Finance to create a capital-efficient flywheel where users can receive trading fees, CRV, CVX and PRISMA - on top of their Ethereum staking rewards

Flash News: OKX Wallet Launches 'Web3 DeFi x F(x) Bonus' Campaign, Giving Users an APR Boost of Up to 8% in FXN Tokens

Retrieved on: 
Friday, November 3, 2023

SINGAPORE, Nov. 02, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for November 2, 2023.

Key Points: 
  • SINGAPORE, Nov. 02, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for November 2, 2023.
  • OKX Wallet Launches 'Web3 DeFi x F(x) Bonus' Campaign, Giving Users an APR Boost of Up to 8% in FXN Tokens
    OKX Wallet today announced the launch of ' Web3 DeFi x F(x) Bonus Event ,' a campaign that gives users who stake their funds into Convex Finance 's ' Curve LP crvUSD-fETH ' liquidity pool via OKX DeFi the opportunity to enjoy an APR boost of up to 8% - in addition to any base APR.
  • Convex Finance is a DeFi protocol that aims to maximize rewards for Curve users through pooled control of voting power and incentives.
  • To participate in the campaign, OKX Wallet users simply need to:

Return Finance Launches Fully Compliant High-Yield Savings Application in 27 European Countries

Retrieved on: 
Tuesday, May 23, 2023

Dubai, UAE, May 23, 2023 /PRNewswire-PRWeb/ -- Return Makes High-Yield Savings Accessible to All and Offers an Annual Percentage Yield (APY) of up to 10% on Deposits

Key Points: 
  • Return Finance UAB has also announced today that it has received Virtual Asset Service Provider (VASP) authorization from regulatory authorities to operate in 27 European countries.
  • Our fully compliant high-yield savings product is a great first step that will make high-yield savings accessible to all", said Daniel Ishag, CEO of Return Finance.
  • Return Finance is driven by the goal of bridging the worlds of traditional finance and decentralized finance (DeFi) while delivering high yields.
  • To learn more about Return Finance and start earning high yields on your savings, visit https://return.finance/ .

Bitwise Announces Results of December 2022 Month-End Crypto Index Reconstitution

Retrieved on: 
Thursday, January 5, 2023

Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management , today announced the results of the monthly reconstitution of the Bitwise Crypto Indexes, which took place on December 30, 2022, at 4 p.m.

Key Points: 
  • Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management , today announced the results of the monthly reconstitution of the Bitwise Crypto Indexes, which took place on December 30, 2022, at 4 p.m.
  • The Bitwise 10 Large Cap Crypto Index had no changes as a result of the December 30, 2022 reconstitution.
  • The Bitwise Decentralized Finance Crypto Index had no changes as a result of the December 30, 2022 reconstitution.
  • The Bitwise Crypto Indexes are reconstituted on a monthly basis according to the rules of the Bitwise Crypto Index Methodology as applied by the Bitwise Crypto Index Committee.

Bitwise Announces Results of November 2022 Month-End Crypto Index Reconstitution

Retrieved on: 
Thursday, December 1, 2022

Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management , today announced the results of the monthly reconstitution of the Bitwise Crypto Indexes, which took place on November 30, 2022, at 4 p.m.

Key Points: 
  • Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management , today announced the results of the monthly reconstitution of the Bitwise Crypto Indexes, which took place on November 30, 2022, at 4 p.m.
  • The Bitwise Decentralized Finance Crypto Index had the following changes as a result of the November 30, 2022 reconstitution: Balancer (BAL) entered the index and 0x (ZRX) exited.
  • The Bitwise 10 ex Bitcoin Large Cap Crypto Index had the following changes as a result of the November 30, 2022 reconstitution: Chainlink (LINK) re-entered the index and Cosmos (ATOM) exited.
  • The Bitwise Crypto Indexes are reconstituted on a monthly basis according to the rules of the Bitwise Crypto Index Methodology as applied by the Bitwise Crypto Index Committee.

Bitwise Announces Results of October 2022 Month-End Crypto Index Reconstitution

Retrieved on: 
Tuesday, November 1, 2022

Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management , today announced the results of the monthly reconstitution of the Bitwise Crypto Indexes, which took place on October 31, 2022, at 4 p.m.

Key Points: 
  • Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management , today announced the results of the monthly reconstitution of the Bitwise Crypto Indexes, which took place on October 31, 2022, at 4 p.m.
  • There were no changes to the constituents of the Bitwise Decentralized Finance Crypto Index as a result of the October 31, 2022 reconstitution.
  • There was one change to the constituents of the Bitwise 10 ex Bitcoin Large Cap Crypto Index as a result of the October 31, 2022 reconstitution: Litecoin (LTC) re-entered the index, replacing Chainlink (LINK).
  • The Bitwise Crypto Indexes are reconstituted on a monthly basis according to the rules of the Bitwise Crypto Index Methodology as applied by the Bitwise Crypto Index Committee.

LBank Exchange Will List KlayFi (KFI) on December 17, 2021

Retrieved on: 
Thursday, December 16, 2021

Internet City, Dubai--(Newsfile Corp. - December 16, 2021) - LBank Exchange, a global digital asset trading platform, will list KlayFi (KFI) token on December 17, 2021.

Key Points: 
  • Internet City, Dubai--(Newsfile Corp. - December 16, 2021) - LBank Exchange, a global digital asset trading platform, will list KlayFi (KFI) token on December 17, 2021.
  • For all users of LBank Exchange, the KFI/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on December 17, 2021.
  • Figure 1: LBank Exchange Will List KlayFi (KFI) on December 17, 2021
    KLAYswap, a decentralized crypto asset finance protocol, has drawn widespread attention from the crypto world since last year.
  • The KFI token will be listed on LBank Exchange at 21:00 (UTC+8) on December 17, 2021, investors who are interested in KlayFi investment can easily buy and sell KFI token on LBank Exchange by then.