Initially, on September 1, the exchange announced the launch of Binance Smart Chain. Binance Futures will launch a DEFI/USDT composite index perpetual contract, with trading opening at 2020/08/28 7:00 AM (UTC). The DEFI/USDT perpetual contract appears to be part of Binance’s effort to align with the growing DeFi trend through each of the DeFi protocol’s governance tokens. PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC. Dies lässt auf eine solide Basis schätzen, die der Preis … The Binance Good Chain (BSC) is a blockchain protocol constructed by one of many largest centralized exchanges in crypto, Binance, that operates in parallel with the Binance Chain. Notably, this is Binance’s second major move into the DeFi sector. Step 2: Fill out the form by entering your email and password. Binance goes DeFi und der Binance Coin (BNB) goes moon? On most occasions, the amounts are not insanely high but … Step 2: Fill out the form by entering your email and password. Binance Recovers $345,000 … PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC. Rothschild has been acquiring shares in the Grayscale BTC trust since 2017. Binance DeFi Composite Index Price Performance. Posted by 18 minutes ago. DEFI/USDT Index Tracks a Basket of DeFi Tokens A Decentralized Marketplace for Lenders and Borrowers with Borderless Stablecoins. DeFi index is still bullish to me, especially after that break-out, let's join the up-trend! Effect Network, a decentralized finance (DeFi) platform that connects companies to the global workforce, will be switching its development from the EOS blockchain to the Binance Smart Chain (BSC). By far the largest projects are the Pancake Swap decentralized exchange and the Venus protocol, which acts as both a lending platform (similar to Aave) and a stablecoin protocol (similar to Maker). The exchange made the announcement on January 6, 2020. After the “battle” was concluded, people then began noticing the issues they complained about. Now here is a step-by-step guide to acquiring the cheapest USDT in the crypto world. Venus is a decentralized finance (DeFi) algorithmic money market and synthetic stablecoin protocol exclusively on Binance Smart Chain The Malta-based digital asset exchange announced its most recent endeavor in a press release shared with CryptoPotato. Hi I wanted to send USDT from Binance to my DeFi wallet. It will trade against BTC, BNB, BUSD, and USDT. Across derivatives exchanges including Binance, Delta, Bitfinex and OKEx, the supply of USDT has risen accordingly. Table of contents. Binance And Orbs Sponsor DeFi Accelerator. PGO to USDT BLOC to ETH CAKE to ETH MAX to USDT XTZ to IDR. We can see that the numbers in cell K3 and K5 are the same, which means that even if we rebalanced the weight of a constitute, we can use the Divisor to ensure the index price is stable and will be affected only by constituents' price change. The USDT-margined DeFi index represents a composite of decentralised finance protocol tokens listed on Binance, and is calculated using weighted averages of real time prices of the tokens on Binance. Filed Under: Altcoin News, News Tagged With: Binance, binance futures, Binance news, DeFi, DeFi news, USDT, Yearn.Finance, YFI. To check the, Fast and secure decentralized digital asset exchange, USDⓈ margined with no expiration and up to 125x leverage, Token margined with or without expiry dates and up to 125x leverage. You Might Also Like: Binance Smart Chain Now Supports Chainlink —With 0 Dependencies on Ethereum. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Сomment with cheer Post Comment. However, Binance only acts as a platform to showcase projects and provide users with related services, such as accessing funds on behalf of the user and distributing earnings, etc. It described the accelerator as a program “dedicated to supporting research, development of open-source software, and community engagement.” The idea behind the accelerator is to explore and assist various projects that … Join the biggest ICO of 2021 with the most profitable affiliate program! Index tracks and measures the performance of a basket of assets in a standardized way. Binance – the leading cryptocurrency exchange – has listed the Maker’s platform native governance token MKR along with the project’s stablecoin DAI. Enjoy increased leverage without risk of liquidation, Mine more rewards by connecting to the pool, Get an instant loan secured by crypto assets, Become a liquidity provider & earn double, No adjustment needed for soft fork or hard fork which does not generate new coins, For components hard fork/airdrop with new coins, the new coins should be included in indices with its original components weight, and excluded on next regular rebalance if sample selection criteria are not met, Airdrop/mapping with components coins replaced by new coins, especially for split/reverse split occasions, the components should be replaced by the new coins with weight adjust according to the split ratio. Binance delves deeper into DeFi on BSC. DAppradar reports that there are 63 DApps on the BSC, most of which are DeFi platforms. We now see more DeFi tokens enter CeFi platforms. Dave-FX-Hunter. How expensive is the funding rate ? Price (initial/last rebalance) i.e. The USDT-margined DeFi index represents a composite of decentralised finance protocol tokens listed on Binance, and is calculated using weighted averages of real time prices of the tokens on Binance. Ethereum-based DeFi’s user-side remains small, with an average number of more than 40,000 monthly users, and 90% of these users are using decentralized exchanges. Over the same period, CoinGecko documents that Tether grew from $12.3 billion to over $15 billion. Since inception, Binance futures has launched several Perpetual contracts including the contract EOS/USDT pair,  as well as that of BNB/USDT which was announced back in February. At launch, the Binance Liquid Swap supports three trading pars: USDT/BUSD, BUSD/DAI, and USDT/DAI. This is the second major US exchange listing for Kyber in the past week. Users will be able to select between 1-50x leverage. ( I am talking about at least 3 - 6 month, and potentially longer ) The upgrade of the exchange into futures trading did not come with so much acceptance from the beginning as the initial review from testers were largely not encouraging. All of the other projects are more or fewer copycats of the three … Whereas the previous yr has been marked by the rise of decentralized finance (DeFi), centralized entities like Coinbase and DeFi has become one of the critical growth areas for Ethereum since 2019. März 2021 dazu entschlossen. “The underlying asset of the DEFI Composite Index perpetual contract consists of a basket of decentralized finance (DeFi) protocol tokens listed on Binance. Dear Bitruers, Yesterday we successfully launched BTR on Binance Smart Chain, and along with it we were able to open a BTR/USDT trading pair on PancakeSwap.We've also seen many users adding liquidity to this pair, which is the mechanism that allows the fully decentralized community to provide funds so that other users are able to quickly make fair trades. 100% Upvoted. 0. Vom Spot- und Futures-Trading über Staking und Mining bis zu Sparkonten für BNB, USDT, BUSD und diverse DeFi-Coins lässt Binance hier wenig zu wünschen übrig. The total market cap of Tether (USDT) has crossed $15 billion for the first time. Access an immutable money market protocol directly on-chain. Similar incidents have occurred with Yam Finance and a number of other platforms in the past. As of writing these lines, it has skyrocketed to a new record of $24.57 billion. We have produced a new Divisor t, which is not equal to 1000. The underlying asset of the DEFI Composite Index perpetual contract consists of a basket of decentralized finance (DeFi) protocol tokens listed on Binance. Current Price= 2328.0 Buy Entry= 2330.2 - 2276.2 Take Profit= 2654.8 | 3031.4 | 3662.0 Stop Loss= 2068.1 Risk/Reward= 1:1.5 | 1:3.1 | 1:5.78 Expected Profit= +30.54% | +63.24% | +118.00% Possible Loss= -20.42% Fib. The Binance Smart Chain is also interoperable with the Binance Chain where popular crypto-assets such as USDT, BUSD, SUSD, BTC, LTC, ETH, and XRP are already available. Binance strives to offer its users only the best DeFi Mining projects. Binance – the leading cryptocurrency exchange – has listed Synthetix‘s native token SNX.. SNX has been listed on @binance!It will go live for trading just under two hours from now, but deposits have been enabled already. Because we have used the weighting factor in the current calculation, the Divisor does not change itself, and remains as the initial value 1000. Yield … While this first program ended on 15th August, 12:00 PM (UTC), we … Other competing blockchains are also building DeFi products, yet at a much slower pace. We can see there are 5.98464 BAND in the Index. Two testnets – Platform A and Platform B – were pitched against each other to see which would be preferred. Binance Futures will launch a DEFI/USDT composite index perpetual contract, with trading opening at 2020/08/28 7:00 AM (UTC). A foundational layer for cross‑chain compatibility. Initially, on September 1, the exchange announced the launch of Binance Smart Chain. How can I send usdt to my DeFi wallet? Matic as a Layer 2 chain of Ethereum, is compatible with all the major Ethereum wallets like Token Pocket, Trust Wallet, etc.Using Metamask as an example, what we need to do is to change the Network to Matic Custom RPC. Notably, this is Binance’s second major move into the DeFi sector. The divisor on base day is:：. Ethereum-based DeFi’s user-side remains small, with an average number of more than 40,000 monthly users, and 90% of these users are using decentralized exchanges. However, it cannot really be described as DeFi if some have the power to reset the system. BUSD can be utilized in a wide range of DeFi protocols and is a go-to base currency on decentralized trading pools on BSC. Mound is the team behind the Pancake Bunny aggregator. Close. Consider the special characteristics of cryptocurrency price index (which based on blockchain), there should be adjustment for hard fork/airdrop/mapping following these guidelines: The regular rebalance takes place on every Thursday 08:00:00 UTC. Binance Futures was launched barely a year ago lurking the exchange into the arguably risky waters of futures trading. Trading through the Binance DEFI/USDT which the exchange noted is a USDT-margined futures contract that uses USDT as collateral, users will be able to pick between 1-50x leverage. Hi I wanted to send USDT from Binance to my DeFi wallet. Column G，refers to the price index of each coin during rebalance, in other words, it is the price index used by USDT Futures Contracts). the sum of Column J in the table: Index = 78.99625274 + 73.492 +69.297+ … +96.076 = 1007.821. Besides, it also talks about the use of hybrid smart contracts. Recent Posts. The contracts will be denominated in Tether Dollars (USDT) and have leverage of up to 50x. Binance Referral Code RWNXXFOU - Win €100,000 and Buy Shares of Coinbase Stock plus Earn 5% Back All Trading Fees, 0% Card Fees and Free Bank Deposits with Up to 40% APY Crypto Savings on ADA, ALGO, BTC, BNB, DOT, DOGE, USDT - Trade Cryptocurrencies on World's Largest Crypto Exchange . I clicked on the usdt wallet in the DeFi wallet and copied the address. DEFI/USDT Index Tracks a Basket of DeFi Tokens. As we recently reported, San Francisco-based Kraken listed KNC on July 15.. KNC/USD 4-hour chart (TradingView) Da Ethereum bis jetzt noch keine effektive Lösung für die hohen Transaktionskosten implementiert hat, nutzen immer mehr DeFi-Anbieter die Binance Smart Chain.Zuletzt hat sich die Plattform bZx laut ihrer Ankündigung vom 17. Which DeFi projects are on the Binance Smart Chain? hide. Matic as a Layer 2 chain of Ethereum, is compatible with all the major Ethereum wallets like Token Pocket, Trust Wallet, etc.Using Metamask as an example, what we need to do is to change the Network to Matic Custom RPC. Nevertheless, the exchange has stepped up its game and has steered the innovation to become one of the most patronized today. There should be no doubts, that Binance has kept its eyes on the ever-growing appetite for DeFi tokens by traders.. Binance will … This project is a blockchain that allows for the creation of smart contracts on the Binance-branded blockchain as well as new staking mechanisms for BNB. Selling 1 DYP you get … I would like input & suggestion on these points below. A corresponding value in the tokens on Binance will be consequently unlocked. report. would it be too expensive to make DEFI/USDT futures a viable tool to gain mid/long term exposure ? First click the link to go to Binance’s registration page. Auch was den Funktionsumfang betrifft, mach Binance seinem Ruf als Platzhirsch alle Ehre. BEP-20. A Digital Rewards Platform for Creators and their Supporters, A high performance, limited edition, Italian tailor-made car, Disrupting industrial cleaning with impact chemistry. Sprawling DeFi Sector Pushes Tether (USDT) to $15 Billion - BeInCrypto Binance is established in … The index price is calculated using weighted averages of real time prices of the tokens on Binance. Mound is the team behind the Pancake Bunny aggregator. There are two types of indices: single underlying price indices and composite price indices. DeFi is the nickname given to financial smart contracts and money protocols built on the Ethereum network. There are 1000 lots available with each user able to deposit up to 20,000 of each supported stablecoin, capping deposits for individual accounts at 20 million USD. … All Venus … After successfully listing Synthetix’s SNX and Compound’s COMP early July. Products. Comments. Users can lock their BUSD, USDT, or USDC to earn a 14.8% annualized return.