Good afternoon, @everyone. Lots of good news to talk about and go over today. First thing is first, DFX is now LIVE on Arbitrum.
22 Mar 2023, 17:56
Good afternoon, @everyone! 🐲
Lots of good news to talk about and go over today!
First thing is first, DFX is now LIVE on Arbitrum! 💙 🧡
By having on-chain FX on L2, traders can benefit from faster speeds and lower fees—on yield earning opportunities to FX exchange! 💱
The current markets we have on Arbitrum are CADC <> USDC & GYEN <> USDC.
Swap:
Pools:
2: DEPOSITS CAP HAS BEEN REMOVED! (All chains)
✅ Anyone can deposit
📊 No wallet cap
🔓 Remove liquidity anytime
Refresher
3: What’s DFX about?
DFX is a Decentralized Exchanged (DEX) and a swap-swap AMM focused on FX stablecoins (non-USD stablecoins) with a custom bonding curve fed with real-world FX price feeds by Chainlink oracles.
Unlike generalized AMMs that mainly rely on arbitrageurs or active liquidity management for optimal pricing, our bonding curve concentrates liquidity based on said provided price feed allowing for highly efficient trades. ⚡️
On Ethereum Mainnet we offer these non-usd stablecoin pools:
🇨🇦 CADC
🇪🇺 EUROC
🇬🇧 GBPT
🇯🇵 GYEN
🇳🇿 NZDS
🇹🇷 TRYB
🇮🇩 XIDR
🇸🇬 XSGD
Like any other DEX, we also rely on liquidity providers and these LPs receive some amount of DFX for providing liquidity.
Our protocol also operates on veTokenomics:
The longer you lock, the more vote-escrowed DFX (veDFX) you get. The main benefits of veDFX are: maximized LP rewards, voting rights (key to unlimited utility).
For DFX Finance LPs looking to take their LP participation to the next level, lock up today!
4: Some advantages of using DFX:
1️⃣ There is less risk of impermanent loss–the only inherent risk in providing liquidity on DFX pools would be foreign exchange risk between the two currencies.
2️⃣ DFX pools provide the least amount of slippage, especially for sizable swaps.
5: And that’s about it! We are coming for a piece of that TVL, Arbitrum! 💙🧡
Same news in other sources
2
22 Mar 2023, 18:11
📈Gold Up 10% in Q1 of 2023📈
We all know that Gold remains, through thick and thin, the ultimate safe-haven asset. But did you know that it’s even been able to weather the storm of the current crisis?
✨Indeed, amid the difficult economic and political landscape of 2023, Gold has still gained around 10% in Q1, peaking at $2,000/ounce on March 17. Impressive, isn’t it? This is exactly why we not only stick to gold as a tokenized asset in the face of the VNX Gold token, but have also released stablecoins, referencing Euro and CHF Fiat currencies with an underlying gold base value!
Stats show, time and time again, that there is no other such asset security as the security of Gold.
👉You can out more about VNX Gold, VNX Euro & VNX CHF via our website: vnx.li
Gold Up 10% in Q1 of 2023. We all know that Gold remains, through thick and thin, the ultimate safe-haven asset.
📈Gold Up 10% in Q1 of 2023📈
We all know that Gold remains, through thick and thin, the ultimate safe-haven asset. But did you know that it’s even been able to weather the storm of the current crisis?
✨Indeed, amid the difficult economic and political landscape of 2023, Gold has still gained around 10% in Q1, peaking at $2,000/ounce on March 17. Impressive, isn’t it? This is exactly why we not only stick to gold as a tokenized asset in the face of the VNX Gold token, but have also released stablecoins, referencing Euro and CHF Fiat currencies with an underlying gold base value!
Stats show, time and time again, that there is no other such asset security as the security of Gold.
👉You can out more about VNX Gold, VNX Euro & VNX CHF via our website: vnx.li
22 Mar 2023, 18:11
📈Gold Up 10% in Q1 of 2023📈
We all know that Gold remains, through thick and thin, the ultimate safe-haven asset. But did you know that it’s even been able to weather the storm of the current crisis?
✨Indeed, amid the difficult economic and political landscape of 2023, Gold has still gained around 10% in Q1, peaking at $2,000/ounce on March 17. Impressive, isn’t it? This is exactly why we not only stick to gold as a tokenized asset in the face of the VNX Gold token, but have also released stablecoins, referencing Euro and CHF Fiat currencies with an underlying gold base value!
Stats show, time and time again, that there is no other such asset security as the security of Gold.
👉You can out more about VNX Gold, VNX Euro & VNX CHF via our website: vnx.li
Gold Up 10% in Q1 of 2023. We all know that Gold remains, through thick and thin, the ultimate safe-haven asset.
📈Gold Up 10% in Q1 of 2023📈
We all know that Gold remains, through thick and thin, the ultimate safe-haven asset. But did you know that it’s even been able to weather the storm of the current crisis?
✨Indeed, amid the difficult economic and political landscape of 2023, Gold has still gained around 10% in Q1, peaking at $2,000/ounce on March 17. Impressive, isn’t it? This is exactly why we not only stick to gold as a tokenized asset in the face of the VNX Gold token, but have also released stablecoins, referencing Euro and CHF Fiat currencies with an underlying gold base value!
Stats show, time and time again, that there is no other such asset security as the security of Gold.
👉You can out more about VNX Gold, VNX Euro & VNX CHF via our website: vnx.li