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    Protocols and Merchandise That Serve Customers

    NEW YORK, April 10, 2021 /PRNewswire/ — YFX.COM is the world’s first decentralized cross-chain perpetual contract change. Whereas different buying and selling platforms that present leverage options exist, YFX.COM is trailblazing a decentralized different to centralized exchanges and perpetual futures buying and selling with no central middleman. YFX.COM does this by benefiting from totally different protocols throughout the cryptocurrency panorama.

    Via a end result of blockchain protocols YFX.COM is permitting merchants to take part in buying and selling BTC, ETH and different cryptocurrencies with as much as 100x leverage. These cryptos can be found to be traded throughout these blockchains presently, Ethereum, Tron, Binance Good Chain, Heco, OKEx Chain and Polkadot.

    Via the arrival of QIC-AMM, a cutting-edge protocol, YFX.COM offers excessive liquidity with low slippage for customers of our ecosystem. QIC is an acronym for Quoted Index Value. QIC pulls quoted costs from centralized exchanges and merchants can open and shut positions with our first of a form automated market maker for derivatives. QIC is calculated by way of dynamic depth of indices, value citation and fixed integral. The depth of a transaction is correlated to the quantity of liquidity of the market maker’s capital pool. This mix of protocols permits for YFX.COM to be the environment friendly leverage buying and selling platform available on the market.

    Moreover, YFX.COM is ready to obtain all of this with out KYC and no gasoline charges. As many merchants know, gasoline charges have been a significant concern these days. Eliminating gasoline charges provides YFX.COM one other main benefit in opposition to all competitors. It additionally permits for merchants to commerce effectively and safe their earnings with out main loss from costly community charges. YFX.COM has achieved almost zero community charges by way of use of layer-2 [L2] scaling resolution, xDai Chain. xDai Steady Chain is a facet chain to Ethereum and is much extra environment friendly than the ETH mainnet presently. The transactions are extra handy and the charges are a fraction of charges on ETH mainnet.

    YFX.COM Received First Prize at Tron 2021 International DeFi Hackathon

    Final week YFX.COM additionally gained First Prize within the Tron 2021 International DeFi Hackathon Developer Contest. This was an ideal achievement for YFX.COM and we’re grateful for this chance placed on by the Tron Basis and Justin Solar. We’re dedicated to the blockchain area and sit up for collaborating in additional occasions to assist advance this trade.

    Genesis Mining II

    April 6, our YFX.COM Genesis Mining II occasion started at 20:00 (UTC+8). The occasion will run by way of April 16 and is a contest for merchants and miners to compete in opposition to others and earn YFX.COM tokens within the course of [which are not available anywhere on the market]. Via simply 12 hours of buying and selling, quantity has reached over $1 billion and our liquidity pool is over $10 million U.S. {dollars} which exceeds Uniswap’s exercise.

    CertiK Audit Accomplished

    Moreover, CertiK has just lately accomplished their safety audit of YFX.COM. Merchants and customers of our platform can relaxation assured that the protocols are as much as commonplace as we’re dedicated to offering the perfect product for our base.

    Associated Photos

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    YFX.COM – Our Protocols and Our Merchandise Serve Customers
    YFX.COM – Our Protocols and Our Merchandise Serve Customers

    SOURCE YFX

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