Category: defi

Polis Enters the DeFi Space, Launching Smartchain, DEX and BSC Bridge

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Press Release: Polis is launching its first-ever blockchain, PolisChain, allowing users to benefit from its purpose-built DEX and Yield Farming.

 

November 15th, 2021, Mexico City, Mexico – Polis, the project behind decentralized payments platform PolisPay, is announcing the launch of PolisChain, its first native blockchain to power the Polis ecosystem, which includes the Olympus network.

 

The new chain represents a significant move for the ecosystem, signalling the project’s ambition to increase adoption with a particular focus on the fast-growing decentralized finance (DeFi) space. 

 

Coinciding with this announcement, the team behind Polis has also launched a dedicated decentralized exchange (DEX) for the PolisChain called HadesSwap. HadesSwap allows users in the Polis ecosystem to exchange the ecosystem’s tokens without the need for a centralized exchange, as well as stake Polis and other crypto-assets for returns. 

 

Currently, HadesSwap supports DAI, SOUL, BTCB, ETH and CAKE, and is compatible with popular decentralized wallet Metamask. HadesSwap also features a Binance Smart Chain (BSC) bridge for assets BTCB, ETH, CAKE and DAI. 

 

Speaking about the launch, PolisChain’s business DAO manager, Andreas Meyer, said: 

 

“In the long term, the Polis Chain team will focus on payment tools, merchant connections and online stores, creating a smart chain for fast payments and decentralized applications”

 

Towards DeFi and Beyond 

In addition to developing a new DeFi offering, Polis have been focussed on developing several new features for their gowing ecosystem. This includes the recent addition of Polis to Meter.io which connects PolisChain to BSC, supporting a bridge for BTCB, ETH, CAKE and DAI on both networks. 

 

Meter.io is a highly decentralized Ethereum scaling solution with a built-in metastable gas currency. It connects to Ethereum and other blockchains as a layer-two protocol and allows smart contracts to scale and communicate seamlessly through heterogeneous blockchain networks.

 

Read more about Meter.io here.

 

Moreover, in October 2021, the Polis team released Polis Block Slasher, a free-to-play game that allows players to win Polis, a feature that incentivises the wider ecosystem’s adoption. The game is randomized according to each player’s wallet address, with the chance to win up to 400 Polis (worth just over $100 at current market rates) if they secure a ranked position by November 30th. 

 

Find out more about Polis’ Block Slasher game  here

 

About Polis 

Polis is the main asset on the Olympus Network. It allows users to pay for transaction fees, as well as transferring value stored in Polis within the network. Polis Chain is EVM-compatible, meaning developers can build applications that make use of smart contract technology. 

 

The network started as a fork of popular payment platform DASH, adopting its own Proof-of-Stake rules in 2018. Moreover, Polis is governed by a decentralized autonomous organization (DAO) which elects five managers responsible for the ecosystem’s operation. All Polis members are able to vote for each of the positions as well as put forward and vote for specific proposals pertaining to the ecosystem’s future.  

 

At its core, Polis has adopted a community driven approach to creating new technology for the purpose of promoting widespread cryptocurrency and decentralized ledger adoption.

 

For more information on how Polis is using its own native blockchain to revolutionize DeFi, visit their website here.

 

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Stay-up to date on all things Polis on Youtube 

 

Media Contact Details

Contact Name: Maria Sidorova

Contact Email: maria@polispay.org 

POLIS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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BEUROP Launches DeFi Trading & Marketing Platform for Blockchain Startups

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Press Release: Blockchain Euro Project BEUROP has announced the launch of its DeFi trading and Marketing platform for cryptocurrency startups and everyday users.

 

Monday 18th, London, England — Following the launch of its deflationary BEPR token, Blockchain Euro Project (BEUROP) is preparing to establish its first product: a DeFi crypto trading and marketing platform for developing blockchain industry startups.

 

What is BEUROP?

BEUROP is a European blockchain-powered company that focuses on making cryptocurrency startups transparent, efficient, and reliable. The company’s new flagship product is a DeFi trading & marketing platform that will help legitimize emerging companies, tokens, and blockchain projects; while offering token holders potential income and liquidity.

 

DeFi & Marketing Platform

The BEUROP platform aims to integrate projects in the DeFi, NFT, CeFi, Gaming, and Business space into its ecosystem, while also providing benefits to regular crypto users. The platform’s tools will offer business promotion through marketing banners like Poocoin or Dextool, and functionalities like Coinsniper and Coinhunter, with the option to vote/promote tokens directly. The advertising package contains complete marketing for presale, post-sale, and exchange listing.

 

Crypto Trading and Marketing Tools

Everyday crypto users will benefit from an intuitive interface that integrates:

 

  • Night mode
  • Free trading options
  • Digital asset analysis
  • Audited Smart contracts with characteristics to match with honeypots.

 

The platform also features enhanced cryptographic security which uses its intelligence tool for comprehensive cryptocurrency analysis. The result will be a free report on possible risks or threats when working with a token/currency.

 

BEUROPs DeFi trading and marketing platform aim to provide a complete product with all the utilities, accessible, secure, and with the best prices on the market. The company will also build a cross-chain bridge to other networks such as Solana, Polygon, and Ethereum. Therefore, users will have the opportunity to join BEUROP’s platform and get all the benefits in one product.

 

Services and Resources

A good marketing strategy for blockchain projects ensures the proper positioning in the crypto ecosystem and the influx of long-term investors. BEUROP includes multiple services and tools that will boost startups. After launching the first version, developers will implement several functionalities for the crypto marketing platform as startup launchers.

 

BeSmartBeurop

BEUROP is also set to soon release BeSmartBeurop, a free educational program for BEPR holders that will include financial knowledge, personal development, programming skills, trading, among other options. The company will help people to develop professionally and personally. The best qualifications will join the BEUROP team in designing the first blockchain ecosystem in the European Union.

 

e-Wallet & BEPR Distribution

Parallel to the educational platform, BEUROP will launch its e-wallet. This product will be connected to the other projects within the roadmap, to minimize cases of fraud and help to improve the process of buying/selling the reflective token, BEPR.

 

Project owners will have a secure and efficient tool in BEUROP DeFi crypto trading and marketing platform. Meanwhile, BEPR token holders will see stable growth of their finances with this product due to its reflection mechanism, in which 10% of the taxes are distributed (BEPR Holders 3%, LP Holders 3%, and Marketing 4% which include 1% for Charity).

 

About BEUROP

With legal registration in England and a team with more than five years of experience in blockchain solutions, BEUROP is a company created to provide its investors with stable income through an ecosystem whose products respond to the current needs of the crypto market. Anyone interested in the project can check out the BEUROP Whitepaper here.

 

BEUROP Socials

Twitter | Discord | Telegram | Medium | Team | Insta | Facebook

 

Media Contact Details

Contact Name: Karen Gandia

Contact Email: info@beurop.com

 

BEUROP is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest

 

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Huobi-backed SocialFi Platform, Torum to Make Social Metaverses a Reality with Avatar NFTs

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Press Release: Torum is set to launch a pioneering social metaverse and socially integrated Avatar NFTs through a unique SocialFi platform. 

 

29th September 2021, Kuala Lumpur, Malaysia  Torum SocialFi platform has announced that it will be launching a ‘Social Metaverse’ and the world’s first-ever social-integrated Avatar NFT, following a strategic investment from Huobi Ventures back in August 2021.

 

Torum SocialFi Platform 

The conceptualization and creation of metaverses have been on the rise since the explosion of the NFT market, and Torum is leading the social side of this emerging industry with its Huobi-backed SocialFi platform and ecosystem. 

 

The Malaysian-based SocialFi platform has decided to take the lead and build a Social Metaverse within the crypto and blockchain industry. This evolution will kick off from the launch of the world’s first-ever social-integrated Avatar NFT.

 

Meet your Metaverse Identity

Powered by Binance Smart Chain, Torum is releasing 21 sets of Genesis Avatar NFTs that are designed with custom themes and popular cultural references. Each avatar represents a one-and-only identity in the Torum metaverse, joined by over 115,000 other users. The BEP-1155 Avatar NFT is created by combining 6 different types of Avatar pieces of different rarity, which are only obtained through the Torum Genesis Blind Box NFT. 

 

There are more than 85 million Avatar variations to be explored, allowing the community to express their full inner creativity. As the Avatar NFT is integrated directly into Torum, the owner can use the Avatar as a socialized metaverse profile, bringing the combination of “Social + NFT” concepts into life.

 

Genesis Blind Box NFT

Each blind box contains one unit of Avatar NFT piece that is used to assemble a full Avatar NFT set and can only be purchased using the native token of Torum, XTM. To ensure equal opportunities for everyone, the chance of each NFT drop is completely fair and transparent as the total supply is pre-determined through smart contracts and traceable via blockchain.

 

Every XTM spent in the blind box purchase will be burned from the total token supply forever. As the circulating supply of XTM is reduced, it creates a win-win situation for every party in a wholesome metaverse economy.

 

Gateway to Crypto Social Metaverse

As the metaverse concept is still in its infancy stage, there is a massive untapped potential for a socialized metaverse. The Avatar integration is a perfect scenario of how Torum can unleash the possibility of owning a Metaverse identity on social media platforms.

 

The Avatar NFTs and NFT pieces unlocked from the blind box can also be listed and traded on Torum NFT Marketplace upon availability. The swift and flexible approach of the multi-chain SocialFi project has also led to the integration of DeFi and crypto marketing tools like Torum Finance and Torum Lounge respectively. 

 

With over 115,000 registered users and Huobi Ventures behind its back, Torum is always ready to adapt and integrate any blockchain trend that emerges in the crypto industry, including Metaverse.

 

Torum Socials

Website | Twitter | Telegram | Medium | Facebook

 

Media Contact Details

Contact Name: Jayson Tan

Contact Email: hello@torum.com  

 

Torum is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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How Jointer Is Evolving DeFi Through World’s First Cross-Chain Shared Pool Swap

27th October 2020, San Francisco, United States – While some blockchain projects focus on one specific technological improvement, others are creating entire ecosystems. These ambitious projects find a market fit and then scour the world for the most appropriate solutions. Jointer is a prominent DAO in the DeFi space pursuing this goal, flying under most crypto influencers’ radar despite winning multiple awards and over $1 million in international competitions

 

Originally founded as the world’s first commercial real estate DeFi project, Jointer is implementing DeFi solutions across the entire syndication economy, utilizing blockchain to remove barriers while providing investors with uncorrelated returns and instant diversification. 

 

Investors have been participating in Jointer’s commercial real estate syndication platform through a daily auction of the JNTR token–a liquidity bridge that transfers value between commercial real estate equity and digital currencies. The JNTR token is interoperable across blockchains through Jointer’s patent-pending SmartSwap technology. In taking this approach, Jointer solves many of the issues plaguing the DeFi ecosystem, including siloed blockchains, limited liquidity and extreme price volatility. 

 

Blockchain Bridges

Liquidity on the blockchain is undeniably an important issue. Projects want to have their tokens accessible on as many blockchains as possible. For example, the stablecoin Tether is available on the following blockchains: Ethereum, OMG, Tron, and Algo. This availability ensures that users on those blockchains have a place to convert to a dollar-equivalent stablecoin. However, these blockchains do not talk to each other, meaning Tether on OMG cannot be transferred to an Ethereum wallet. Different blockchain; different token. This siloed or “walled garden” ecosystem creates a scenario wherein the liquidity of Tether, or any token, is restricted to its respective blockchain.

 

As the industry continues to trend toward decentralized exchanges, this issue becomes readily apparent. Limited liquidity quickly leads to price swings of double and triple digits. This may be fun for a quick trade over 30 seconds, but it is also a barrier to entry for those new to cryptocurrencies. These newcomers from traditional financial markets may be more concerned about retaining their value and not fast trades.

 

Solving the cross-chain problem is a fundamental issue. There are currently several projects actively working on this with varying levels of success. Jointer is deploying its version of a bridge, connecting Ethereum to Binance Smart Chain (BSC) and Liquidity System which is 52 smart contracts built on top of the basic pool technology.

 

Slippage-Free, Cross-Chain Operation

Jointer has already achieved a working version of this with its JNTR bridge tokens. Jointer Smartswap is currently operational and allows for swapping an ERC20 token from Ethereum to BSC through JNTR/e to JNTR, or JNTR/b, respectively. This 1-to-1 swap is done instantly with one click and without the need for a centralized exchange and with zero fees. There is also zero chance of price slippage, a significant advantage over DEXs like Uniswap, where a 10% slippage is not uncommon. Even on centralized exchanges, price movement is commonplace. Further, all the JNTR bridge tokens maintain a 1:1 value, meaning that 1 JNTR/b will always equal 1 JTNR/e, thus creating a natural arbitrage opportunity across pools and blockchains.

 

This cross-chain functionality also allows Jointer to tap into liquidity on other BSC blockchains, taking full advantage of the local Automated Market Makers on Uniswap and Pancake, two of the largest liquidity providers. This means users on Binance Smart Chain will instantly benefit from liquidity on the Ethereum blockchain in Uniswap. And since the Binance Smart Chain gas fees are so low, users may find incentive trading on BSC through PancakeSwap rather than Ethereum. 

 

These incremental and foundational improvements are necessary, as the Jointer project explores a world beyond the tokenization of commercial real estate, implementing the first DeFi approach to the space with live auctions, gamified markets, instant syndication and more. 

 

The daily auction charts JNTR’s consistent growth from $0.01 to $0.44. That means a $500 investment on day one of the Jointer DeFi auction has turned into $22,500 in just one month.

 

For more information, visit the Jointer website: https://jointer.io

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Media Team

Contact Email: contact@bitcoinprbuzz.com

 

Jointer is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

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