THELOGICALINDIAN - PRESS RELEASE AscendEX aforetime BitMax an industryleading agenda asset trading belvedere congenital by Wall Street assistant trading veterans has appear the advertisement of the DefiDollar Token DFD beneath the brace USDTDFD on Apr 29 at 100 pm UTC
DefiDollar is a DeFi lab that aims to accompany accumulation acceptance to DeFi with a absolute artefact suite. The aboriginal artefact alms to go alive will be the stablecoin basis – DUSD, with ibBTC and optionCoin currently in development. DefiDollar (DUSD) aspires to be a risk-insured stablecoin band for DeFi. It is advised to accommodate a safe and abiding way for users to authority their assets with DUSD actuality optimized for peg safety, yield, and diversification.
DefiDollar uses DeFi primitives to break abutting to the dollar mark. DUSD provides an access for diversifying stablecoin backing to barrier adjoin an accident area the basal stablecoins like Tether or DAI aberrate from their peg. DUSD is collateralized by Curve Finance LP tokens.
DFD is the built-in badge of the DefiDollar agreement and serves two primary functions, babyminding and as a agreement backstop in case of a atramentous swan event.
The DeFiDollar aggregation is additionally alive on a ambit of added utilities for the ecosystem, including synthetics, indices, and options products. The abutting artefact to be appear by DefiDollar will be ibBTC, a BTC basis launched in accord with Badger DAO.
DefiDollar brings calm a aggregation with aberrant experience, from Google to Y-Combinator backed startups and India’s aboriginal Crypto Unicorn – Polygon.
About AscendEX
Originally founded in 2018 as BitMax.io, AscendEx is a arch crypto and agenda asset banking belvedere accouterment to both able and retail traders. The area offers spot, futures, allowance trading and staking products and incorporates key elements from the DeFi amplitude to advance a different bazaar anatomy for users. AscendEx is led by a aggregation of Wall Street veterans who accept activated acceptable markets’ accuracy to actualize a robust, secure, and reliable acquaintance for all participants; and a constant antecedent of clamminess for primary offerings.
For added advice and updates, amuse visit:
Website: https://ascendex.com
Twitter: https://twitter.com/AscendEX_Global
Telegram: https://t.me/AscendEXEnglish
Medium: https://medium.com/ascendex
About DefiDollar
DefiDollar is a DeFi lab that aims to accompany accumulation acceptance to DeFi. DefiDollar brings calm a aggregation with aberrant acquaintance from Google to Y-Combinator backed startups and India’s aboriginal Crypto Unicorn – Polygon.
For added advice and updates, amuse visit:
Website: https://dusd.finance/
Twitter: https://twitter.com/defidollar?s=20
Telegram: https://t.me/defidollar_community
Blog: https://medium.com/defidollar/
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