Investors now have the chance to marvel as DeFi Yield Protocol (DYP) comes into play allowing pool staking and ethereum mining procedures. How do you understand the deals DYP has to offer?

So far, the growth of DeFi protocols and yield farming is not a strange thing. Considering the diversity of protocols worldwide, everyone is spoiled for choice. However, there is a difference between different yield farming protocols, and DeFi Yield Protocol aims to register the right mark.

Mainstream projects continue to increase in the crypto world as the focus now shifts to Decentralized Finance. DeFi pulse reveals that the cumulative number of assets locked is closer to $14 billion. As DYP enables users to earn a substantial amount of income through liquidity contributions, it doesn’t stop there.

Crowdsale and Token Distributions

DYP must engage the audience first and build the entire platform from scratch through crowdsale funding. During the pre-sale phase, DYP managed to sell 570,000 tokens. The ETH-based project plans to supply a maximum 30 million tokens into the market. Users just need to make ETH deposits on the crowdsale address and secure bonuses ranging from 2.5% to 15% in four consecutive sale rounds.

Each round will start immediately when one completes the preceding sale; however, the fourth round will only begin if the first three rounds finish their sale phase before the DYP stake is launched. The minimum ETH deposits for buying DYP tokens is 0.5 ETH, while the maximum purchase amount is 100ETH.

A Community against Crypto Manipulation

Crypto whales are not a new phenomenon in the crypto space. Through the hand of such particular entities, the crypto world faces a full-lodged loss due to their actions. Though many investors pride their investments as impregnable, market manipulation results affect a massive number of all the crypto investors globally. A good example is the SushiSwap or DOGE pump and dump situation, leading to the loss of thousands of dollars for many enthusiasts.

Therefore, DYP adds an anti-manipulation feature that converts the pool rewards to ETH daily. In such a case, the protocol ensures that all people get a fair chance to earn rewards for all their participation in DYP liquidity pools. In addition, the smart contract also regulates the token price. If the price fluctuation is beyond 2.5%, the protocol ensures the swapping of as many DYP tokens as to eliminate price fluctuation.

A Look into The Lucrative DYP Network

The unique protocol ensures the essentiality of maintaining the right word as far as DeFi. Likewise, it sustains an efficient pathway for all yield farmers for positive rewards. Besides their most lucrative ROI, the protocol hopes to maintain a reliable platform for lending, borrowing, saving, and more.

As a platform encouraging the extensive spread of reward, DYP offers sufficient power for any ETH miner. The enticing 35GH/s Hashrate is a good deal for any miner.

Instead of a complicated UI as many protocols go for, the DYP network strives for a user-friendly interface that any level of traders can comfortably utilize. Otherwise, being the problem solver, DYP hassles to forge partnerships that will sustain the network.

Moreover, with the smart contract integration with Metamask and TrustWallet, every user can rest easily assured of their capital’s safety. In time, DYP will be a magnificent contribution to the worldwide adoption of crypto and its many benefits.

The DYP Crowdsale is available here.

Investors now have the chance to marvel as DeFi Yield Protocol (DYP) comes into play allowing pool staking and ethereum mining procedures. How do you understand the deals DYP has to offer?

So far, the growth of DeFi protocols and yield farming is not a strange thing. Considering the diversity of protocols worldwide, everyone is spoiled for choice. However, there is a difference between different yield farming protocols, and DeFi Yield Protocol aims to register the right mark.

Mainstream projects continue to increase in the crypto world as the focus now shifts to Decentralized Finance. DeFi pulse reveals that the cumulative number of assets locked is closer to $14 billion. As DYP enables users to earn a substantial amount of income through liquidity contributions, it doesn’t stop there.

Crowdsale and Token Distributions

DYP must engage the audience first and build the entire platform from scratch through crowdsale funding. During the pre-sale phase, DYP managed to sell 570,000 tokens. The ETH-based project plans to supply a maximum 30 million tokens into the market. Users just need to make ETH deposits on the crowdsale address and secure bonuses ranging from 2.5% to 15% in four consecutive sale rounds.

Each round will start immediately when one completes the preceding sale; however, the fourth round will only begin if the first three rounds finish their sale phase before the DYP stake is launched. The minimum ETH deposits for buying DYP tokens is 0.5 ETH, while the maximum purchase amount is 100ETH.

A Community against Crypto Manipulation

Crypto whales are not a new phenomenon in the crypto space. Through the hand of such particular entities, the crypto world faces a full-lodged loss due to their actions. Though many investors pride their investments as impregnable, market manipulation results affect a massive number of all the crypto investors globally. A good example is the SushiSwap or DOGE pump and dump situation, leading to the loss of thousands of dollars for many enthusiasts.

Therefore, DYP adds an anti-manipulation feature that converts the pool rewards to ETH daily. In such a case, the protocol ensures that all people get a fair chance to earn rewards for all their participation in DYP liquidity pools. In addition, the smart contract also regulates the token price. If the price fluctuation is beyond 2.5%, the protocol ensures the swapping of as many DYP tokens as to eliminate price fluctuation.

A Look into The Lucrative DYP Network

The unique protocol ensures the essentiality of maintaining the right word as far as DeFi. Likewise, it sustains an efficient pathway for all yield farmers for positive rewards. Besides their most lucrative ROI, the protocol hopes to maintain a reliable platform for lending, borrowing, saving, and more.

As a platform encouraging the extensive spread of reward, DYP offers sufficient power for any ETH miner. The enticing 35GH/s Hashrate is a good deal for any miner.

Instead of a complicated UI as many protocols go for, the DYP network strives for a user-friendly interface that any level of traders can comfortably utilize. Otherwise, being the problem solver, DYP hassles to forge partnerships that will sustain the network.

Moreover, with the smart contract integration with Metamask and TrustWallet, every user can rest easily assured of their capital’s safety. In time, DYP will be a magnificent contribution to the worldwide adoption of crypto and its many benefits.

The DYP Crowdsale is available here.

Level01, a leading DeFi platform for AI-guided derivatives trading for financial, commodities and digital asset underlyings, has today announced the launch of the private placement subscription offer for its upcoming STO (Security Token Offering) Public Listing in Asia scheduled at the end of this year.

Since the FinTech’s launch in 2018, Level01 has successfully listed its utility token LVX on 3 major digital exchanges and developed a groundbreaking AI called “FairSense” that predicts fair values and probability rates of tradable assets on its DeFi platform and App. The DeFi platform was launched earlier this year on Google PlayStore to great reception, with users increasing at a steady pace. During this time the company has generated over $10m USD in revenue from token sales from thousands of investors, whilst reporting a $2m Net Profit last financial year.

Recently Level01 announced major strategic partnerships with Bloomberg and leading FinTech Wealth Investment Network Platform AGDelta, a  provider of conventional , alternative and digital asset investments to banks, asset managers and family offices/intermediaries in Asia Pacific. Both these partnerships create the unique foundation to bridge new opportunities for the $542 Trillion OTC Derivatives market for Level01 and it’s institutional and direct clients.

A private placement will be open till the end of this year for a select group of Institutional, Family office and Accredited High Net Worth investors. Existing LVX tokens in Level01’s Treasury will be subscribed with Fiat or pre-approved digital assets, with a pre-defined conversion to the planned newly issued Securities Tokens (LV1) as part of the Public STO Listing. Level01 plans to list (subject to final approval) on Fusang Exchange’s Main Board – one of Asia’s first fully regulated Digital Stock Exchange who recently had announced a landmark $3billion USD digital bond issuance and other digital issuances in the region.

The new Securities Token will offer a revenue share on fee-income derived from the platform, with those returns fully backed by purchased gold assets, being one of first in the region to offer such security to investors.

The STO team will be led by Heritage Horizon Capital (Strategic Sponsor) supported by Digital FinTech Partner (AGDelta), Legal Advisor (GLT Law) and Audit Firms in Hong Kong and Malaysia (K.L Tong & Co and Yong & Leonard).

On the upcoming STO, Founder & Chief Executive Officer Jonathan Loi said “We are delighted with the momentum in the business, our new strategic partners and the overwhelming interest and support for our upcoming STO. The Digital Assets and DeFi space is moving at a rapid pace. We have spent a lot of time and effort developing unique IPs that will position our clients and us to benefit and win from the convergence between conventional & decentralized finance (DeFI). Our team saw it was great timing to differentiate not only with launching on a leading & fully licensed Digital Securities Exchange and the quality assurance that the entire process brings but to launch a unique token that enables our investors to share in the revenues that are derived with the backing of purchased gold assets”. 

Co-Founder & Chief Operating Officer Adam Ooi added,
“We have always strived for equal rights and fairness in our daily lives, and this is what Level01 brings to the financial markets – to level the playing field for everyone. The tremendous response to our pre-STO offer shows that people believe in our vision of creating the Ultimate Fair DeFi Platform that will democratize finance for everyone. Besides the fair trading environment on our recently launched app, we would like to offer everyone the opportunity to be part of the company through this STO.”

Chief Executive Officer at Digital FinTech Partner AGDelta, Andrew Au commented,

“Derivatives based trading & structured investment strategies have always been a little opaque & inaccessible to many investors. Our platform aims to make a range of conventional, alternative & digital assets more accessible, safer and relevant to our Institutional, Family office & Ultra High Net Worth clientele. The Level01 DeFi platform offers a tremendous new channel to leverage this further in the blockchain/DeFi space and we look forward to forging a new frontier for the financial markets with Jon, Adam and the Level01 team”

Level01 is the future of DeFi derivatives trading

Being the first platform to market to leverage artificial intelligence with DeFi and derivatives trading is a major competitive advantage in financial & digital asset markets. This approach provides fairness and security on a scale cryptocurrency enthusiasts and derivatives traders have never experienced before.

With such innovations, Level01 is leading the charge to revolutionize derivatives trading and open this traditionally complex market to wider accessibility. Combining the most powerful technologies into a user-friendly and transparent DeFi platform puts Level01 far ahead of the competition. In all likelihood, Level01 represents the future of the multi-trillion derivatives market.

Contact email: [email protected] 

Media contact information
Name: Charles Wong
Business Name: Level01 Technologies Limited
Email: [email protected]
Website: www.Level01.io

Ethereum is considered the second largest cryptocurrency in the cryptocurrency market due to its market capitalization. Bitcoin is often referred to as digital gold, while Ethereum is regarded as digital oil. Due to several applicabilities of the Ethereum network, the growth of its value has been fast. Unlike traditional money, it is impossible to get cryptocurrency by going to a bank since they are digital assets.

How can I buy Ethereum?

When a cryptocurrency project is completed, it is listed on cryptocurrency exchanges to make it available to investors interested.

Ways to Buy Ethereum

For Ethereum, there are three primary ways to buy; cryptocurrency exchanges, mining, and Goeth.

Exchanges

Cryptocurrency exchanges are platforms that aim to bridge the interaction between cryptocurrency projects and investors. Exchanges list crypto assets on their website so that interested investors can buy. A cryptocurrency exchange provides a means to purchase cryptocurrency assets and a place to sell.

Therefore, in summary, exchanges can be considered a digital marketplace where people can buy and sell digital assets.

Mining

Mining in cryptocurrency is a process of solving complex mathematical computations. Miners are the cornerstone of every cryptocurrency network as they work in solving mathematical computations and verify transactions. As a reward, miners are rewarded with Ether after successfully creating new Ether tokens and successfully confirming a transaction.

Miners are often regarded as the security to a network, but most people don’t just mine Ether for charity but with the sole aim of making a profit. Miners receive rewards for mining blocks and transaction fees paid by users. Ethereum can be mined through computational means and now through Proof of Stake with the new Ethereum 2.0 protocol.

GOETH

The Goeth community is the newest way through which users can earn and multiply their Ether. Also, due to the community’s unlimited potential for growth, there is a future probability of higher reward. With Goeth, investors can increase the volume of their Ethereum through betting and reward programs. Investors get rewarded when they educate new people about the opportunity to multiply their Ethereum, and they sign up on the website.

Goeth is the newest and most comfortable way to buy Ethereum.

Ethereum is expected to outlast Bitcoin over time and have a stable value in the future. To achieve this, the crypto asset must be widely available to investors. For a reliable way to buy and earn Ethereum, consider Goeth due to the possibility of unlimited growth and outstanding bonuses it offers

 

DEFHOLD introduces a non-inflationary staking and farming system that rewards users for HODLing their tokens. 

Most crypto investors exit the market during price drops, opting to convert their assets for fiat or stablecoins. This strategy enables investors to buy back into the crypto market at a lower rate.

However, it is often difficult for traders to determine the market bottom, as the task requires a high level of understanding of the market.

The DEFHOLD ecosystem is built to offer yield generating investment tactics to long-term crypto holders in both a market pump and dump.

DEFHOLD Presale Details

DEFHOLD will roll out its highly anticipated token presale on November 18, 2020 at 9:00 AM PST. The token sale will distribute DEFO, the primary utility token for the project, to early-bird investors.

The event will be held by Liquidity Dividends Protocol (LID), the platform where DEFHOLD chose to host its Presale. LID offers investors protection against rug pulls by automatically allocating liquidity into Uniswap pools, which is a much-needed guarantee in the DeFi space.

The token presale will reward investors with a discounted listing price where they can grab 1.56 DEFO for 1 ETH and benefit of presale bonus up to 25%. DEFHOLD will distribute a total of 3,576 DEFO out of a total supply of 12,000 DEFO.

To maintain liquidity levels as high as possible, LID and DEFHOLD have decided to allocate 75% of the raised ETH together with 19.50% of the DEFO tokens into the Uniswap liquidity pools.

The funds will be locked permanently using LID smart contracts, ensuring that participants get an early chance to earn returns on their crypto assets. This process will also alleviate investor fears over any exit scam concerns.

DEFHOLD also plans to distribute tokens to presale investors via airdrops through VIP staking pools setup by Ferrum Network. To be eligible for the airdrops and VIP pools, users will need to buy their DEFO during the presale and not sell them. Since a lot of presale investors are going to stake their DEFO for at least 30 days, the chances of seeing a listing dump with this project are significantly reduced.

Following the launch of the main DEFO pools, users will initially have the option to stake DEFO tokens or farm DEFO/ETH and DEFO/USDT LP tokens.

Moreover, DEFO token holders will soon participate in the fully decentralized DEFHOLD platform’s governance.

They can vote to launch new pools with new tokens, different lock-up periods, and have their say on other proposals related to future developments within the ecosystem.

Implementing Autonomous Yields Generating Strategies

DEFHOLD encourages holders to join and stay within the ecosystem by facilitating them to stake or farm their assets into pools with various pre-defined lock-up periods.

Holders have the option to withdraw their assets from the liquidity pools before the term of the lock-up period by applying an early withdrawal fee (EWF). Some holders will likely choose this option due to liquidity requirements or market moves fears.

The EWF will serve as the first revenue stream for pool members who have accurately managed their portfolio and own liquidity requirements.

Investors who prudently manage their portfolio allocation will be able to stay within the selected pool until the end of the lock-up period and avoid paying any EWF. Such investors are rewarded with a share of the EWF from the individuals who withdraw their funds prematurely.

An additional revenue stream for investors will be created by applying a 2% transfer fee on every DEFO token transfer. This fee will also be redistributed to stakers and farmers.

These two mechanisms on the DEFHOLD network generate continuous yields to stakers and farmers in a non-inflationary manner while promoting a robust community of long-term token holders.

The crypto market is a diverse ecosystem filled with different projects all attempting to solve various problems. While it’s hard to argue against the belief that Bitcoin holds the crown as the originator, there are a ton of new projects worthy of praise. These new projects surpass Bitcoin’s technical capabilities and provide investors with some truly unique functionalities in the market. Here are the top 10 most important cryptocurrencies other than Bitcoin: $ETH, $BNB, $ATOM, $XRP, $EOS, $LINK, $LCX, $USDT, $Libra, $TRX. 

Ethereum

Ethereum was one of the earliest altcoins to enter the market. Since its inception, Ethereum has been a driving force for innovation in the market. This second-generation blockchain introduced the world to smart contracts. Today, it would be hard to imagine the market without this titan. 

Notably, Ethereum has a scheduled update planned for the end of the year. This update will replace the blockchains Proof-of-work consensus mechanism with a new Proof-of-Stake protocol. The update will reduce Ethereum’s carbon footprint significantly. Additionally, It will allow users to start staking their ETH to earn a passive income.

BNB – Binance Coin

Binance, the world’s largest exchange by volume, changed the market forever when it introduced the BNB token.  BNB provided users with more flexibility, functionality, and lower fees. Wisely, Binance incorporated a variety of BNB trading pairs to bolster BNB’s value. The move was successful.

Today, it’s commonplace for exchanges to host a native utility token. Even with the competition, BNB remains the most successful exchange token in the market. Additionally, Binance continues to expand its operations. Each new functionality adds more to BNB’s utility. In turn, the token continues to gain value.

ATOM – Cosmos

Cosmos is another project that is worthy of recognition. The platform takes a unique approach to the sector. For one, Cosmos isn’t designed to compete against other cryptocurrencies. Instead, it functions as an interconnecting protocol. The developers behind ATOM describe Cosmos as an “ecosystem of connected blockchains.”

This strategy helps promote further innovation based on user’s requirements rather than competition. Cosmos introduces a new consensus mechanism called “Tendermint BFT.”  The system is a byzantine fault-tolerant consensus engine that eliminates many of the concerns found in PoW blockchains such as Bitcoin.

XRP – Ripple

Ripple is one of the top ten cryptocurrencies in the world. This platform entered the market intending to service the banking sector. At that time, this strategy was unique. Ripple managed to secure huge strategic partnerships in a very short time. Specifically, Ripple has agreements in place with Santander, Money Gram, and VISA, to name a few. 

Ripple continues to see adoption by institutional firms due to its fast transaction speeds and its proven track record. XRP eliminates middlemen for cross-border transactions and provides a more cost-effective and secure alternative to the status quo. The firm’s focus on cost-cutting means that there will always be a firm interested in its services.

EOS

EOS is a third-generation cryptocurrency that entered the market via one of the biggest ICOs of all time. The firm secured $4 billion during the record-breaking event. EOS’s goal is to provide a more efficient and developer-friendly alternative to the current smart contract programmable blockchains like Ethereum.

EOS incorporates various technologies to accomplish this task. The platform is very ICO friendly. Additionally, Dapp developers enjoy more flexibility using the platform. These features have led more developers to call EOS home. There are currently over 100 Dapps active on this new era blockchain today.

Chainlink

Chainlink is a project that has the potential to boost the entire market. Chainlink seeks to correct the biggest flaw found in oracles. Oracles are off-chain sensors that can communicate data to and from a blockchain. For example, an oracle could monitor your car payments. When you pay your vehicle off, the contract automatically sends you your title without the need for human intervention.

The possibilities are endless with oracles. However, they are centralized systems, until now. Chainlink introduces the world’s first oracle blockchain. The system monitors the network of oracles to ensure all data entry is correct. Through Chainlink, blockchain technology gains a huge advantage. 

LCX

LCX is another token that raises the bar in terms of usability and efficiency. LCX allows users to trade on all major crypto exchanges within a single interface. This fourth-generation interface provides users access to powerful features. These features include Smart Order Routing, a portfolio management system, advanced analytics, and detailed reporting. Besides that, LCX keeps rolling out new products and services continuously such as a unique DeFi protocol and a security token and tokenization platform for STO’s.  The Liechtenstein based company heavily invested in crypto compliance and regulation, preparing the launch of their own LCX Exchange. Rumored to be launched before the end of this year.

As the main utility token within the LCX ecosystem, this token is very flexible. You can use it to pay for all your fees including your LCX Terminal subscription or fees for security token offerings. Best of all, the token is ERC-20 compliant. The ERC-20 token ecosystem is by far the most robust and developed in the world. Consequently, LCX holders enjoy a high level of interoperability within this network.

Tether – USDT

No top ten list would be complete without USDT. USDT was the first successful stablecoin to see major adoption. Traders depend on this stable coin to avoid market volatility. You can watch the market cap of Tether rise during these times as investors seek shelter.

Tether is available on nearly every reputable exchange. Additionally, it’s consistently in the top cryptocurrencies globally in terms of market capitalization. Tether gained popularity because of its speed and low fees. It’s free to send Tether from one network wallet to another. 

Libra

Libra makes this list because no other cryptocurrency was met with so much fear. The announcement of Libra sent shivers down regulators’ spines. Despite fears, the large social networks of the world must embrace cryptocurrencies. These established networks would give the technology the boost it needs to become mainstream.

Facebook seems determined to launch its Libra token. The platform has the financial backing to pull it off. In the coming year, it’s very possible that this project defies the odds and becomes one of the top coins in existence from day one of its launch. For now, the project remains one of the most relevant in the market, regardless of if it ever takes flight.

TRX – TRON

TRON has long been a favorite of investors. TRON has a forward-looking vision to power the Web3 revolution. This year saw TRON make major strides in its quest. The firm’s TRC-20 token standard is also seeing more adoption by developers. TRC-20 token provides developers with more scalability and efficiency when compared to ERC-20 tokens.

TRON remains a dominant force in the market mainly due to its network and community support. The platform’s founder, Justin Sun, is a vocal member of the crypto community. The coming year will see TRON’s network grow to new heights. Sun’s leadership and TRON’s investor appeal keeps this token on most top ten lists.

Blockchain technologies are developing very actively. In recent years, the community has developed and refined the idea of ​​decentralized information networks. However, in this industry there are still a lot of opportunities and directions for the development and implementation of new ideas.

One such idea is the use of artificial intelligence. AI technologies, as well as virtual reality and quantum computing are the three most promising trends in the further technological evolution of our world. The development and use of these technologies will be able to open up previously unavailable opportunities for humanity. Therefore, the luminaries of blockchain, which is also the most advanced technology in the world of information and finance, cannot afford to ignore these promising directions.

The most popular and useful technology that can significantly improve the potential of the blockchain at the moment is artificial intelligence. And while many projects are calculating and planning ways to use AI in Blockchain, Libonomy has managed to create a successful symbiosis of these two ideas.

Libonomy is being developed as a framework for building any blockchain application. The team is led by three Swedish entrepreneurs – Richard Haverinen (CEO), Fredrik Johansson and Therese Johansson. With shared ideology in their minds, together they have spent the second half of last decade accumulating knowledge about decentralized technology and building an intelligent team around them. 

The new ecosystem will provide access to tools that will allow you to launch smart contracts in one click, create multi-currency wallets, launch DAPPs and DEXs, and also interact with various blockchains using interoperable technologies from Libonomy. A number of the main advantages of the new blockchain provide precisely the use of artificial intelligence for many important aspects of the functioning of the network. Among them:

  • Security and protection from hacker interference
  • Optimization and versatility for different tasks
  • Decision-making autonomy and scalability.

Below we will describe each use case for AI in the Libonomy blockchain in more detail.

AI and blockchain security

It’s no secret that blockchain networks have become the # 1 target for hackers. The fact is that gaining control over a decentralized network allows you to get cryptocurrencies or data from users’ wallets, which are essentially the same thing. This is why blockchain developers must prioritize the security and protection of their networks.

In order to protect itself from external interference, the Libonomy team decided to take an alternative path: instead of writing scripted scenarios for the network during an attack, the developers taught the network to defend itself on its own, constantly adapting to new hacking methods. This is where artificial intelligence came in handy, thanks to which Libonomy is constantly looking for vulnerabilities in its blockchain, fixing them and learning to prevent hacker attacks.

AI and blockchain versatility

Each blockchain was created for specific purposes. For example, Ethereum works great as a platform for startups or for launching smart contracts. Tron is good at speed and low cost of transactions, and Bitcoin still brings good profit to miners thanks to its network consensus protocol. 

But what about a person who needs to combine various advantages in a project? Is it really necessary to create a new blockchain from scratch? To solve this problem, the Libonomy developers integrated the AI ​​engine into the blockchain. Now, depending on the use cases, the self-learning system will regulate many network parameters, up to block size and throughput. And all this is completely autonomous.

AI and blockchain autonomy

Currently existing blockchains cannot work autonomously. This means that every decision, every action must be pre-foreseen and programmed. This significantly limits the potential of the technology, allowing it to function only under the conditions provided by the developers. But Libonomy has a different approach to this issue:

“We are enabling blockchain to make autonomous decisions in terms of distributing resources, upgrading and ensuring security on the basis of analyzing the system. That means that the system can live on it’s own without a need of constant monitoring”  — the project team comments on the results of the introduction of AI into the blockchain.

Thus, as you can see, the integration and mutually beneficial symbiosis of two advanced technologies leads to impressive results. Thanks to the proper attention and expertise in artificial intelligence technology, the Libonomy Blockchain team managed to create a completely new product that fully complies with the principles of decentralization.

Have you ever thought of saving crypto? Well, this is almost impossible thanks to market volatility characterized by market dumps. While the DeFi sector is rapidly expanding, speculative investors easily liquidate their holdings, causing a rapid sell-off. This leads to a rapid decrease in the value of a DeFi project. DefHold attempts to streamline the DeFi sector by solving inflation and providing incentives to speculative traders to hold cryptocurrencies during market dumps and consequently generate yields on the underlying assets.

DefHold achieves this by implementing new autonomous yield generating solutions. Here’s a comprehensive review of the first non-inflationary staking and farming system designed to reward long-term holders.

DEFHOLD Overview

DefHold describes itself as a non-inflationary DeFi ecosystem that seeks to offer yield generating investments’ strategies to long-term crypto holders. Currently, a conventional means of securing assets during market dumps and pumps is to convert assets to stable coins. The stable coins can thereafter be staked or farmed into various DeFi protocols generating yields on the underlying asset.

But this means of securing assets during markets’ dump and pump has the undergoing of price drop leading to losses. DefHold seeks to reward long-term crypto investors with accurate portfolios and own liquidity’s management by implementing new autonomous yields generating solutions. In the future, the platform will also launch a fully decentralized governance system allowing users to make crucial decisions regarding the project’s future developments and vote on essential network upgrades such as different lock-up periods, transfer fees, vote to launch new tokens, etc.

DEFHOLD Pays You to HODL

DefHold’s innovative non-inflationary staking and farming system pays you to HODL your tokens. The DEFHOLD ecosystem encompasses multiple yields generating mechanisms that compensate investors for holding tokens during a market dump or pump. This offers investors access to multiple revenue streams, i.e., yield-generating investments, without having large capitals.

Unlike most DeFi platforms, which leverage a business model that depends on inflationary tokens, DefHold combats inflation with the capping of DEFO tokens at 12,000 DEFO. The protocol isn’t planning to issue any additional tokens to prevent inflation by ensuring scarcity.

DeFi platforms that employ a business model and issue more tokens often mint these tokens to enhance their APY (Annual Percentage Yield). However, this strategy exposes the market to multiple threats, which could lead to its failure. Also, the value of tokens in circulation always drops in value once a DeFi platform releases additional tokens to the market. Enhanced token inflation coupled with speculative investors’ impulsive actions causes a myriad of problems such as runoff sales that lower the value of a DeFi project.

About DEFO-The Non-Inflationary Yield Generator

DEFO is the DefHold ecosystem’s native token, enabling holders to stake or farm their assets into pools with different predefined lock-up periods. However, investors (farmers and stakers) can still be able to withdraw their assets before the term of the lock-up period at any time by paying an early withdrawal fee (EWF).

DefHold will employ various revenue streams to reward stakers and farmers who have accurately managed their portfolios and their own liquidity requirements. The first revenue stream will be the early withdrawal fee (EWF) charged when stakers and farmers withdraw their assets before the asset lock-up period expiry. The EWF funds are collected then split up among the remaining members.

The second yield generating mechanism is transfer fees. The platform will charge a small transfer fee on every DEFO token’s transfers. The collected fees will then be split proportionally among stakers and farmers.

These 2 revenue-generating mechanisms will continuously generate yields to stakers and farmers in a non-inflationary way. Unlike other DeFi platforms that leverage inflationary tokens to enhance their APY, DefHold will not produce additional DEFO tokens, in turn keeping their supply low. By channeling revenue to the farmers and stakers, DefHold ensures that investors hold on to the investment strategy even during a market dump. 

Revenue Allocation

As mentioned above, DefHold will have two different revenue streams to be shared between the stakers and farmers, i.e. (EWF + Transfer fee). These revenues will be allocated as below:

EWF revenues allocation:

5%: to developer fund

 95%: to stakers/farmers according to their share of their respective pool

 Transfer fee revenues’ allocation:

5%: to developer fund

 40%: to stakers (equally shared between all the staking pools)

 55%: to farmers (equally shared between all the farming pools)

DEFO Staking & Farming

DEFO token powers the DefHold ecosystem. The token has several use cases in the ecosystem. The primary use case is a staking or farming token where users farm/stake their assets in pools with pre-defined lock-up periods using the token. Currently, DefHold users can stake DEFO tokens or farm DEFO/ETH& DEFO/USDT LP tokens. In the future, DefHold seeks to add additional token pools depending on the community proposal.  

The non-inflationary staking & farming pools are as below.

Staking Pools

Pools Lock-up Period EWF
1st Pool 10 days 1% of staked DEFO
2nd Pool 30 days 3.5% of staked DEFO
3rd Pool 60 days 8.2% of staked DEFO
4th Pool 90 days 14.3% of staked DEFO
5th Pool 180 days 33.33% of staked DEFO

 

Farming Pools

Pools Lock-Up Period EWF
1st Pool 10 days 2% of farmed LP tokens
2nd Pool 30 days 7% of farmed LP tokens
3rd Pool 60 days 16.3% of farmed LP tokens
4th Pool 90 days 28.6% of farmed LP tokens
5th Pool 180 days 66.6% of farmed LP tokens

 

How Will DefHold Enhance Liquidity

Liquidity has turned out to be vital for DeFi platforms, especially after the entrance of decentralized exchanges (DEX). To enhance liquidity, DefHold implements two primary mechanisms listed below.

  • EWF and transfer fee revenues are distributed mostly to farmers to enhance their revenues and incentivize them to offer liquidity to the DefHold ecosystem.
  • The platform will conduct a presale using the Liquidity Dividends Protocol (LID). In the sale, 75% of the raised ETH will be allocated to Uniswap liquidity and locked by the smart contracts. This will protect investors against dumping and exit scams.

Closing Words

To conclude, DefHold is a non-inflationary DeFi ecosystem which will transform the DeFi space by providing yield generating investments’ strategies to long-term crypto holders. The platform will surely solve inflation and the problem of impulsive speculative investors who are easy to spook, causing a drop in the value of DeFi projects.

CorionX is focused on merging the cryptocurrency and stablecoin sectors via its utility token and educational platform. The project builds a global community where each member can share knowledge, use cases, and info on all aspects of wide-ranging digital finance. 

This unique venture’s native utility token, CORX, functions as an incentive for stablecoin and decentralized finance (DeFi) popularization. The ERC20 token facilitates participants to share info, grow the CorionX community, and use various practical cryptocurrency apps.

Token holders using CORX daily are rewarded with numerous benefits, such as 2.5% staking quarterly in the Loyalty Staking Program

Through its #MoneyInTheRightDirection Movement, CorionX is fostering the use of stablecoins as the new crypto instruments that will transform how payments are made globally. 

The movement will reward contributors and participants with CORX tokens as an added incentive to reach mainstream adoption. CorionX’s team has a vital objective of reaching 20 million daily stablecoin and DeFi users by 2021.

CorionX Initial Dex Offering (IDO) Is Coming Soon

The CorionX project reached a significant milestone recently with the successful completion of their IEO on Probit Exchange.

However, the market situation is changing fast, and the popularity of DeFi and DEXes has exploded in the last couple of months. Many community members now indicate that they would prefer to trade CORX on DEXes and an IDO (Initial Dex Offering) for providing liquidity for trading. 

IDOs offer projects a new and innovative way to raise funds via decentralized finance instead of centralized exchange listings. CorionX has decided to explore the possibility of an IDO to offer enthusiasts and investors who prefer DEXes a new opportunity to be a part of a groundbreaking project. 

The IDO will also favor community members who couldn’t participate in the IEO process because of their unfamiliarity with centralized exchanges. 

Interested investors will soon have the opportunity to participate in CorionX IDO, scheduled to go on from 2-15 November. Tokenizer DEX, a fully decentralized platform that facilitates the trading of over 100 tokens, will host the token’s listing. 

Participants in the IDO with Tokenizer can benefit from a special promotion, where they get a 17% sales bonus on token purchases and earn up to 27% rewards for inviting friends. This special referral campaign guarantees that both referrer and referee gets a 10% bonus. 

The raised IDO funds will help in finance developments of the CorionX ecosystem and also provide liquidity on Tokenizer and Uniswap. After the IDO, the CorionX team plans to list CorionX prompt on Tokenizer, Probit, and Uniswap at the same time.

The move to list CorionX on DEXes, supported with an IDO, serves the community’s best interest and supports extending CORX use cases.

To participate in the CORX IDO on Tokenizer, click on this link

More on CorionX’s Listing On Tokenizer and other Partnerships

CorionX’s scheduled listing on Tokenizer highlight’s the project’s ambition to partner with industry leaders to further its cause for mainstream adoption.

Tokenizer is on a mission to democratize and reinvent the world of banking and investments by fulfilling the tokenization needs of users on their token issuer, launchpad, and DEX. Over 100 tokens can be traded on the Tokenizer DEX in a fully decentralized way, with no KYC requirements or registration process. 

The platform also offers state of the art security by performing token accreditation checks on-chain. Their oracles verify several compliance features, including whether the receiving wallet belongs to an accredited investor.

Tokenizer is primed to revolutionize the DeFi field and address several key pain points to democratize investments and boost direct market participation and growth. The DEX connects with various other players and exchanges to inject improved liquidity to the DeFi marketplace. 

CorionX has also fostered several other mutually beneficial partnerships in the recent past, which provide additional use cases for CorionX.

The Syscoin interoperability bridge integration facilitates quick, affordable, and scalable transactions for the CORX utility token while allowing users to tap into the benefits of Ethereum’s DeFi network. 

The FUSE Network and Studio partnership will introduce a perfect backend of the CorionX wallet, which will offer the next generation of mobile payments. FUSE will power affordable, fast, and highly scalable transactions via Stablecoins, CORX, and other ERC 20 tokens.

More recently, on Oct 20, the Corion Foundation announced a new partnership with the TEAL Marketplace. This decentralized marketplace connects consumers with the best recommendations, and merchants with the most suitable customers, via proprietary artificial intelligence (AI).

Useful Links

Website | CORX IDO

DistX has just launched its token sale platform, where projects can quickly raise funds. Users of the new exchange can now find all past, present, and upcoming token sales in one convenient location.

Users can also view the smart contract guaranteed settings designated by the token sale teams and contribute straight from the DistX site. 

What’s more, DistX offers rewards for contributors via a unique DISTXR redemption token. This non-fungible token (NFT) is redeemable for the token sale tokens at any time, and to any address, after the completion of the token sale.

DistX Project Updates

Following the DistX platform’s launch in Oct.28, the project has continued reaching out to token sales teams everywhere. Plenty of promising projects have expressed their desire to run their sale on DistX. Following the massive influx of teams, DistX has now mandated KYC to deter those who might attempt to rug pull. 

The token sale platform announced the Never Sellephant NFT give away on Oct. 14, the second in the DistX 10 collectible series.

This token is for community members who have held on to a minimum of 500 DISTX in their wallet without moving or selling them for 14 consecutive days. The first 5 participants to collect all ten collectible NFT’s stand to win 20K DISTX each.

Earlier last month, the project listed DistX on UniSwap and distributed tokens, followed by listings on HotBit, Probit, and two top exchanges. DistX also announced four strategic partnerships, including BitBoy, ProBit, CoinStats, and CryptoAdventure.

DistX has now joined forces with Crypto World News, one of the leading crypto and ICO related Telegram groups. The popular platform boasts over 1 million subscribers across their two main Telegram groups, Crypto World News and Crypto World ICOs.

Enjoying the Benefits of Using DistX

DistX was designed from the get-go to become the future of decentralized token sales, offering a rewarding and flexible platform for token sale contributors.

DISTXR tokens issued after the DistX token sale in August serve primarily as a receipt for each token sale contribution via the DistDEX.

The platform generates a unique DISTXR token at the time of a participant’s contribution, sent to a destination wallet(s) of their choice. This NFT token is redeemable at any time after distribution via the DistX website for a share of the token sale tokens.

DistX currently collects 2% of the ETH raised by a team during a sale. 1% of all raised ETH in a token sale is designated for buying back and burning DISTX from Uniswap. The other 1% is a fee to pay for automated gas.

Token holders get to benefit in a big way from DistX’s unique and sustainable rewards system. The top 200 DISTXR token holders share in 2% of all the tokens from token sales listed on the platform. This factor ensures that they receive a constant share of new tokens from new projects.

Top contributors also receive access to early token sales on DistX, giving them a substantial advantage during popular token sales.

What Can Token Sale Holders Expect?

Token sale holders on the DistX website gain increased exposure after being listed on the ‘’upcoming and live” token sale area. This way, brand new projects can conveniently access the existing user base of DISTX token holders and get many more token sale participants. 

Moreover, token sale holders benefit from the platform’s fully decentralized contribution and distribution contracts, facilitating the automatic and instant listing on DistDEX after each successful token sale.

Finally, token sale holders can use the DistX smart contracts to set minimum and maximum contributions and even adjust the automatic token distribution date.

DistX Project Listings: Carbon.io & Dettapay

DistX has listed Dettapay, a project working to develop an innovative blockchain-based solution that functions as a payment system in both digital and traditional sectors. Participants in the Dettapay token sale can purchase DETTA on the DistX Platform, with a minimum contribution of 1 ETH and a maximum contribution of 25 ETH.

Similarly, Carbon will list its token sale on DistX on Nov. 9, as the project shifts from ESOS to CRBN tokens. The public sale will offer 25M tokens to generate funds for UniSwap, marketing, and development of the Carbon project.

Recent studies indicate that the total amount of digital payments may inch closer to $4,934,741 by the end of 2020. As technology continues evolving, more payment solutions come up as well. 

In the end, users globally join the systems hence accelerating the payment volumes to spike. Nowadays, people prefer operating with digital payments rather than handling physical money. 

Digital funds carry more efficiencies as they are way safer and convenient, which is why Apollo Fintech plans to introduce Knox World Pay, a modernized financial system, pushing for mass adoption of digital payments worldwide. Further, utilizing Apollo’s blockchain technology will bring bonus benefits for Knox users.

Overview of Apollo Blockchain Technology

Distributed Ledger Technologies are applicable in various sectors, including health, supply chain, businesses, and many more. In finance, blockchain technology can be defined as a public recording of every successful transaction.. It is a brilliant financial innovation that is managed by the crypto community 

Ideally, blockchains comprise some significant components like blocks and nodes that ensure a virtual currency’s practical functionality. Blocks, for instance, are responsible for storing data associated with any payment made. It is difficult to manipulate with the transactional data contained in the block since each of them has a unique tag that distinguishes it, commonly known as a hash. 

Nodes, on the other hand, are replicas of blockchains ledgers accessible on a computer device. Nodes uphold the integrity of the blockchain network, and the most exciting part is that anyone can develop their copy of a particular digital currency’s transaction history. The Apollo blockchain is no different from the explanation above, as most of the functionalities are similar. 

Apollo blockchain offers various services that include handling tokens and digital currencies, providing market evaluations, and designing other blockchain developments. Below we evaluate what this blockchain technology has in store for Knox World Pay System.

What Relationship Does Apollo Blockchain Share with Knox World Pay?

Besides having a broader understanding of Apollo blockchain, you will get to experience what the feature-rich advancement will do for Knox World Pay. In simple terms, Knox World Pay poses as the first blockchain-based financial system. 

As part of their main accomplishment plans, Knox seeks to attain digital currencies’ global mass adoption. So how does the new financial system plan to integrate with Apollo blockchain?

Speedy Transaction

We all need to make payments in our everyday life; however, it takes time to transfer funds, especially sending across the border. Knox World Pay mitigates this problem by providing fast transaction processing within seconds courtesy of the Apollo Blockchain. 

Moreover, it is understandable that not everyone can afford a computer or smart mobile device to make digital payments. Knox eliminates that barrier because users will be able to transact through a simple mobile SMS. Therefore, Apollo blockchain catalyzes the transaction speeds on Knox World Pay. More offline options available on Knox include blockchain-backed bills, QR codes, among others.

Eradicates Deception

No one would wish to trade in an ecosystem with lower transparency levels. It destroys the system’s reputation, and eventually, users flee to alternative platforms. Nonetheless, establishing Knox World Pay on the Apollo blockchain levels up the transparency levels since all remittance data is available on the public ledger. Hence, it safeguards Knox users from anyone with manipulative intentions.

Maintaining Security

At Knox World Pay, the network of agents located in different regions provide financial services to its clients. After welcoming users to the ecosystem, they can deposit some funds on their accounts through the agent’s assistance. Nonetheless, it gets to a point where users question the payment system’s security as they don’t want to risk anything. 

Most systems today don’t pay attention to security issues raised by users. At the end of the day, cyber-criminals gain access to your funds and get away with it, leading to massive losses. Knox World Pay maintains a user’s security on their digital assets with the help of Apollo blockchain. 

Whether it’s depositing funds through agents, sending or receiving funds from friends, families, or colleagues, Knox users are safe from any attack on their funds. To add more security features, it guarantees an anonymous environment when transacting to protect users’ identity

Blockchain Sharding

Database glitches are a common occurrence in every system as long as it is automated. It causes lots of delays on the user’s end, causing frustrations and incomplete operations. The scenario is different on Knox World Pay, considering Apollo blockchain makes use of the sharding protocol. Maintaining the whole system can be costly because the equipment needed is quite expensive to sustain the database. 

Sharding protocol can divide the database into smaller parts called shards. That way, even if the fragments are independent of other shards, it gets easy to manage the rising traffic on the database. For Knox World Pay, downtime cases will ultimately be low thanks to the Apollo blockchain database sharding.

Conclusion

Leveraging the Apollo blockchain assures Knox users of some peace of mind when engaging in payment activities. Protection is one aspect that stands out because, without security measures, no user would want to associate with the ecosystem. Additionally, Knox has no limitations to servicing a specific region as it is a global financial system. 

Therefore, even people living in the most remote areas have access to Knox’s services. It is truly an advanced system that will empower investors and the whole economy to transact under one umbrella. As more currencies flock to the market, crypto users need to have a convenient way to execute their daily transactions and also get banked by Knox World Pay.