In order to further implement the concept of a fully transparent platform, BeeEx.com first launched the BeeEx's first Token Issuance Registration system on July 13th, 2020. The system has received wide attention from the market once it was launched. Captain Bee, BeeEx community, investment institutions, and cooperative media have actively recommended a great many projects. Currently, the BeeEx has received many applications from worldwide projects.
The 21st term of the listing project is CRV, LEND, UMA, REN, BNT, SNX, IDEX.
The specific arrangements are as follows
1. Publicity Period: 17:00 AM on September 2nd, 2020-17:00 on September 3rd (UTC+8)
2. Open trading: 17:00, September 3rd, 2020 (UTC+8)
3. Open deposit and withdrawal: 17:00, September 3rd, 2020 (UTC+8)
4. Join in BeeEx official telegram to discuss the project: https://t.me/BEEXoneEN
5. Project Information
About CRV (Curve)
Curve is an exchange liquidity pool on Ethereum that is designed for efficient stablecoin trading.
CRV is the native utility token in the Curve platform and is used for voting in platform governance, and as a reward for liquidity providers. A portion of the trading fees collected is used to conduct constant CRV token burns. Since Curve only trades stablecoins, liquidity providers experience minimal impermanent loss, which can occur in liquidity pools where tokens with large value fluctuations are traded. The Curve liquidity pool is integrated with iearn.finance, which utilizes Aave and Compound, to maximize yield for liquidity providers even when their tokens are idle.
About LEND (Aave)
Aave is an open-source and non-custodial protocol enabling the creation of money markets. Users can earn interest on deposits and borrow assets.
Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain overcollateralized loans by using the liquidity from these pools.
Similar to other DeFi platforms (e.g., Compound, Fulcrum), deposits are tokenized as aTokens, which accrue interest in real-time. Aave Protocol supports more than 15 different assets, with a large selection of stablecoins.
LEND tokens are used for fee reductions and will also be used for governance rights at the protocol level for future smart-contract updates. LEND tokens are also burnt from the fees collected from the Aave Protocol.
Since January 2020, Aave protocol also offers undercollateralized solutions: flash loans allow developers to borrow instantly and easily without any collateral.
UMA is a decentralized financial contracts platform, UMA's self-enforcing contract design patterns aim to create the unique standard product.
UMA can be used to promote various financial innovations. UMA defines an open-source agreement that allows both parties to design and create their unique financial contracts.
About REN (Republic Protocol)
The market capitalization and trading volume of cryptocurrencies is growing rapidly every month. With institutional investors arriving into the cryptocurrency market, Republic Protocol recognizes the critical need for development of alternative trading systems for trading large blocks of cryptographic assets while maintaining minimal price slippage and negative market impact.
To address this need, Republic Protocol has developed a decentralized open-source dark pool exchange protocol facilitating atomic swaps between cryptocurrency pairs across the Bitcoin and Ethereum blockchains. Trades are placed on a hidden order book and are matched through an engine built on a multi-party computation protocol. This provides order execution without exposing market sensitive information such as price and volume at a certain position, which would provide an advantage to other traders.
Republic Protocol removes the need for a trusted intermediary to operate a dark pool and provides crypto-economic incentives through a protocol token for governance; enabling the development of a secure, decentralized, scalable dark pool protocol capable of handling billions in trading volume daily.
Republic Protocol will help facilitate participation by traditional institutional investors currently not active in the cryptocurrency space. In doing so, Republic Protocol hopes to help further promote and accelerate the already rapid growth in the cryptographic asset market for the benefit of the entire crypto community.
About BNT (Bancor Network Token)
Bancor is a decentralized exchange protocol that allows for the creation of liquidity pools to trade assets.
Bancor is composed of smart contracts (called “liquidity pools”) designed to perform algorithmic token trades and pooling of on-chain liquidity. Supporting both ERC-20 and EOS tokens, Bancor implements a liquidity pool curve on both Ethereum and EOS networks.
Prices are determined by the reserve balance of coins deposited into the protocol, divided by the token's total supply multiplied by a reserve ratio.
BNT is the Bancor protocol token. When users create or stake in a Bancor pool, users are required to do so in equal values of ERC-20 token + BNT (or EOS token + BNT). It offers cross-chain conversions and positive network effects; it is also expected to be used for staking in Q2 2020.
On January 1st 2020, ETHBNT tokens were airdropped to BNT token-holders. ETHBNT tokens represent a Bancor pool token representing shares in the ETH:BNT liquidity pool i.e., these tokens collect fees from ETH-based conversions on Bancor.
About SNX (Synthetix)
Synthetix is a new typed decentralized exchange. There are three key differences relative to most other DEXes:
1. Traders trade against pooled community collateral and not any specific counterparty
2.Traders buy and sell synthetic assets, marked to market by offchain oracles
3.Traders have native access to derivatives and investable baskets.
The SNX token acts as a foundation and backbone for this model. Before traders can participate, SNX investors stake their tokens to mint liquidity for the network. When traders execute a transaction, they pay a fee to trade against the stakers. A trader's profit adds to the global debt pool and a trader's loss subtracts from it.
Blockchain Browser: https://etherscan.io/token/0xc011a73ee8576fb46f5e1c5751ca3b9fe0af2a6f
White Paper： https://www.synthetix.io/litepaper
About IDEX(IDEX Token)
IDEX is an Ethereum based decentralized smart contract exchange established by AuroraDAO, to support real-time trading and high transaction throughput, limit and market orders, gas-free cancels, and the ability to fill many trades at once.
The IDEX token is an exact 1:1 mirror of the AURA token.
White Paper: https://idex.market/static/IDEX-Whitepaper-V0.7.6.pdf
The BeeEx Token Issuance Registration will conduct a preliminary selection of the project, We will not make a value judgment on the stage and market value of the project, and will not evaluate the number and depth of the transaction of the opened project. Instead, we will emphasize the openness and transparency of the project and the disclosure of the project progress. Any high-quality blockchain projects at any stage can apply for the token Issuance Registration for listing. When a user buys and/or sells currencies on HBTC, our Aggregate trading system will automatically place the same buy and/or sell order on other exchanges. Therefore, our user is assured that the assets purchased through this process are all real assets in full reserves. Digital currency is a high-risk investment method. The platform does not assume responsibilities such as guarantee, compensation, and the like. Investors are advised to participate with great caution and pay attention to investment risks.
Thank you for your support of BeeEx!
Telegram Group: https://t.me/BEEXoneEN
Telegram Channel: https://t.me/BEEXchannel