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Bonded Finance (BOND) Token Now Listed on Exchange – Press Release Bitcoin News

Press release. The exchange is excited to announce the listing of the bond, which is available for trading. 2 June 2021 On 12:00 PM UTC. BOND was created by the Bonded.Finance team as the driver and the realization of value within their platform. Will start trading with BOND B T c and USDT Add.

What is

With around 7000 trackable assets and around 700 exchanges in crypto, it is an understatement to say that liquidity is scattered and early stage projects make up for Capricorn token holders as a traditional asset. Even DeFi’s meteoric rise has done little to replace it as a lending/borrowing protocol and the token’s true earning potential is only felt by a select few cryptos. Bonded Finance sees a huge opportunity in this. As crypto as an asset class matures, there are well-capitalized projects with solid volume and price histories to go with the deliverables, yet, they have not been given the opportunity to participate in the decentralized financial services movement. . Bonded has identified approximately fifty billion USD in untapped liquidity in this currently under-served altcoin market and designed these tokens to provide the DeFi protocol through its algorithm-powered “smart instruments”. Bonded aims to bridge the gap between established and nascent altcoin projects to not only provide traditional and DeFi services, but ultimately to create a network of shared value.

What is a bond token?

Bond tokens are embedded in the network as the sole driver for the exchange and realization of value. Network fees, liquidation, accrued interest, provider rewards and network incentives are all rewarded to bond holders and liquidity providers. It stems from Bondha’s decentralized and trustworthy base, with most of its utility derived from real revenue. As a decentralized, ultimately fully autonomous suite of products, there will be no salary or overhead or any “off-the-top”, but rather, lending, borrowing, indexing and re-use of capital and generate revenue. There will be an end-to-end solution. Flow through tokens as the sole incentive. Future uses include insurance for borrowers, early access to bond stablecoins, and eventually full governance. and innovation. Beginning in June, Bonded’s “Staking Rewards Program” will tokenize liquidity providers from IDOs to Bonded. These upstart projects aim to transform market strategies by gaining exposure to the bond community by opening up lending markets, representing their tokens in a basket of altcoins and, ultimately, giving them the option of earning power and stability in the open market. is to promote. . As Bonded continues its development, new assets will be available for borrowing and lending, as well as new products including index protocols, synthetic assets and the release of BitCoin, Bonded’s hybrid algorithmic stablecoin.

strong support

Danish Choudhary, CEO of exchange, shared his thoughts on Bonded.Finance and their related token Bond: “The team at Bonded. Finance is run by some great individuals, and with this experience developed an amazing incentive-heavy network is. Architecture, and still in its infancy. Many projects aim to tackle and gain market share in the lending ecosystem, but do not tackle it in the same way as Bonded. Finance team has. Me We believe they will be the leader in algorithmic smart devices and decentralized financial products for digital assets.”

Chowdhary adds; “We are very excited to see how Bonded turns out. Finance will continue to empower our vision for the future of DeFi, and gain more access to the exchange with our excellent community.”

“DeFi products are only as good as their network. Android may have a better OS but that hasn’t slowed iPhone sales. Crypto will be no different, but the opportunity is now as everyone is not only occupied but also keeping users.” Jockeys for the position—and that’s asking for a lot. For us, it starts with uniting these long-standing communities, giving them token earning power and a reason to roam the network. Outside of the U.S., expanding awareness, visibility and the opportunity to acquire Bond tokens is something we must do in lockstep. is an old name and a boutique exchange that we believe will bring in new users and we work with them. Excited to do it,” says Bonded CEO Paul Mack.

About the Exchange

The mission of the exchange is to empower people around the world, from first-time traders to advanced trading professionals, to trade cryptocurrencies with ease and confidence. With high liquidity, 24/7 multilingual support and dozens of trading pairs, complemented by a high level of security, it provides an attractive platform for trading any cryptocurrency. Within a year of launch, on average, the exchange has been visited by over 500K active traders per month, and that number continues to grow as you read this sentence.

About the bond. finance

The Bonded platform was created to incubate and deploy experimental, high-yield, smart-contract driven financial instruments that push the limits of open finance. Bonded is an algorithmic model that aims to unlock, collect, and reduce risk of ~50 billion in idle value distributed among untapped digital assets by giving proponents of eligible altcoin projects the opportunity to leverage assets and realize their value.

This is a press release. Readers should do their due diligence before taking any action regarding the Promoted Company or any of its affiliates or services. is not responsible, directly or indirectly, for any damage or loss alleged to be caused by or in connection with the use or reliance on any content, goods or services mentioned in the press release.

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