Corporate Finance News, Hybrid Finance News

Vendredi 21 Août 2020

KuCoin Launches Decentralized Finance (DeFi) Trading Board

Recently, KuCoin, an IDG-backed exchange, announced the launch of the DeFi Trading Board. 18 popular DeFi projects, including LINK, AMPL and MKR, along with a total of 36 trading pairs, have been moved to the DeFi trading board.

The DeFi trading board contains 3 sections: Market Quotation, Trade, and Announcement. It has been designed to make it more intuitive and convenient for users to take part in DeFi market observation and trading. At present, the DeFi Trading Board contains the oracle, lending, CEX etc., bringing more investment choices for users.

Prior to this, KuCoin launched the "KuCoin Choice Community Vote (DeFi Session)" to empower more DeFi projects. Orion (ORN), a liquidity aggregation protocol, was successfully listed on KuCoin via the Choice Community Vote event. Both sides also reached a deeper cooperation, with the Pool-X platform becoming the core node of Orion, providing ORN staking services. In this way, KuCoin can help more high quality DeFi projects like ORN perform their on-chain governance and node building. In addition, projects such as Plutus DeFi (PLT), DIA DATE (DIA) and ChainLink (LINK) are listed on KuCoin.

Johnny Lyu, CEO of KuCoin Global, stated "KuCoin has been persistent in its pursuit of finding and supporting blockchain projects with real potential. In order to facilitate the development of DeFi, we have not only listed DeFi projects, but also launched a KuCoin Choice Community Vote (DeFi Session) for DeFi projects, and recently launched the DeFi trading board, which makes it much easier for users to learn about and participate in DeFi projects. In the future, we will explore more ways to support DeFi to accelerate its mass adoption."

KuCoin has always been a strong supporter of DeFi projects and has listed a number of projects with real potential in the Decentralized Finance (DeFi) field, such as COMP, MKR, KNC, AMPL, LUNA, AKRO, etc. Furthermore, KuCoin is developing its own public chain – KuChain – to further boost the prosperity of the DeFi world. KuChain's testnet Kratos has launched its beta version and is aiming to build a four-layer network based on the needs of DeFi and DEX, modularizing the protocol and functions, improving the ease of use of Kratos, and reducing the threshold for developer participation.


No Offer, Solicitation, Investment Advice, or Recommendations

This website is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by FINYEAR.
No reference to any specific security constitutes a recommendation to buy, sell or hold that security or any other security.
Nothing on this website shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction.
Nothing contained on the website constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed on this website should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this website, we have not taken into account the investment needs, objectives and financial circumstances of any particular investor.
This information has no regard to the specific investment objectives, financial situation and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors.
Any views expressed on this website by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change.
All information is subject to possible correction. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.

Nouveau commentaire :

Your email address will not be published. Required fields are marked *
Votre adresse de messagerie ne sera pas publiée. Les champs obligatoires sont indiqués avec *

dernières opinions & actus / latest opinions & news