CryptoDiffer News
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Essential real-time crypto news and market updates. More analytical content is now available on Twitter β€” x.com/CryptoDiffer

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​​Wing Project Overview

Wing, a credit-based cross-chain DeFi platform built on Ontology. Wing has designed and is building a DeFi platform dedicated to the digital asset lending market, supporting cross-chain collaborative interaction between various DeFi products.
Wing’s decentralized governance model and risk control mechanism intend to promote a mutually beneficial relationship between borrowers, creditors, and guarantors. In addition, Wing innovatively showcases a credit evaluation module as a strong example of credit-based DeFi.

Ontology’s decentralized identity mechanism, ONT ID, and decentralized data framework, DDXF, will support self-sovereign identity and data management verification, allowing for automated credit data verification and evaluation through smart contracts.

Wing is also planning to integrate self-sovereign credit scores into the design of its financial products unlocking the true value of financial data. Utilizing Ontology’s credit scoring system, Oscore, Wing will allow for easy verification of the full value of users’ holdings and as well as a full picture of their financial histories, without showing a full list of those assets. In this way, user data privacy will be protected, as only necessary information will be shared.

Wing will open ONT deposits to the Candidate FlashPool on Sep 8, kicking off the genesis "lending & borrowing" distribution. We are looking for more updates from the project and recommend to subscribe to Wing social channels not to miss important news.

TG: @WingDAO
Website: wing.finance
Twitter: twitter.com/Wing_Finance
​​BitMax announced Aegis Finance (AGS) Listing

Trading to start on September 8th, 2:00 PM UTC under the trading pair of AGS/USDT. Deposits and Withdrawals are already available.

πŸ‘‰ bitmaxhelp.zendesk.com/hc/en-us/articles/360053979293-Listing-of-Aegis-Finance
​​Exchange tokens price performance in 2020
​​Stafi (FIS) mainnet is live! FIS holders can stake FIS & earn staking rewards!

Stafi will be listed on BitMax on the 11th of September at 2:00 PM UTC under the FIS/USDT trading pair!

πŸ‘‰ twitter.com/StaFi_Protocol/status/1303313493479702534
​​Ankr Powering non-custodial margin trading with FlashSwap

FlashSwap, a new project powered by Ankr, fills the gap of financial derivatives in the DeFi space. In FlashSwap decentralized protocol, users will be able to trade on a noncustodial protocol and allow margins. Like other quickly growing DeFi projects, FlashSwap has outsourced their infrastructure to Ankr. And since FlashSwap uses validator nodes for transaction confirmation, users of the FlashSwap platform would also be able to use Ankr for their staking services.

πŸ‘‰ https://medium.com/ankr-network/powering-non-custodial-margin-trading-with-flashswap-4d48db13825a
​​Powered by EvidenZ, BCdiploma becomes a Microsoft Co-sell Partner

With this new partnership, Microsoft has confirmed its belief in the project’s development capabilities. The Co-sell Microsoft status is a win-win partnership: Microsoft sales teams are incentivized for every successful deal, and Microsoft’s support proves to be a decisive asset to perform.

πŸ‘‰ https://medium.com/bcdiploma/powered-by-evidenz-bcdiploma-becomes-a-microsoft-co-sell-partner-d567a99a66ae
​​HIGHLY ANTICIPATED UPCOMING PROJECTS PART 2
​​@OrionProtocol has announced changes to vesting schedule!

The vesting schedule will be extended from 6 months to 19 months
, with the amount released each time reduced. The move results in a slower and more staggered release to mitigate the impact of token releases on the secondary market - requested by key partners coming on board.

πŸ‘‰ https://blog.orionprotocol.io/vestingschedule
​​Cypherium Registration for the sale will begin on September 9th at 9:00 PM PST!
πŸ‘‰ saleinfo.cypherium.io
​​PlotX Project Overview

PlotX.io is a DeFi Prediction Market for Crypto Traders. Dubbed as the Uniswap of Prediction Markets, PlotX is a non-custodial prediction market protocol. It uses an Automated Market Making algorithm to provide high-yield prediction markets for crypto traders.

All computations happen on-chain. Rewards follow a zero-sum approach, without any limit and distributed instantly. Users can also use leverage to manage their exposure.

The alpha version of PlotX is live with 200+ users already - alpha.plotx.io (you can request to test it out)

Layer 2 scaling solution: MATIC being explored as potential L2 scaling solutions for PlotX.

Competitors: Augur - $97m market cap | Synthetix - $675m market cap | HXRO - $33m market cap

PlotX Token Utility:
β–ͺ️Peer-to-peer commissions
β–ͺ️Referral Mining: Building in virality by design
β–ͺ️Community Mining: Wide distribution in communities
β–ͺ️Play Mining: Stake & Play
β–ͺ️Governance Mining: full ownership and decision of the PlotX protocol
β–ͺ️Liquidity Mining

PlotX is led by Ish Goel, who was the CTO of Nexus Mutual (top 3 DeFi Derivative App). Those who know NXM, will truly appreciate any team member originating from it.

PlotX is built by and for the Ethereum community. Ability to use all DeFi applications in ETH should be a right for the community. With this strong belief, the protocol has been designed in a way that people can predict using ETH and the PlotX native token.

How to participate: Join their group and stay tuned for more information about their upcoming token sale!

Join Telegram πŸ‘‰ @plotx_official
​​UNDER THE RADAR PICK!

Dexe.network or Dexe is a decentralized social trading platform designed to follow the best traders strategies. It’s a unique product creating a one-of-a-kind trading tool in the DeFi environment. DeXe ecosystem operates on DAO principles.

This product is developed by a team of real traders. The founders of DeXe team have tremendous experience in trading since 2014. They have created a centralized platform first, which operates in a private mode. Moreover, CryptoDiffer team has been in touch with founders of Dexe for several years. This is one of the few products that we, the cryptodiffers, will personally use. At the moment we are one of the first beta testers of the dexe.network product.

DeXe network allows users to:
β–ͺ️ Create your personalized trading token -
the price of which will depend solely on your trading experience, knowledge, and implementation of strategies.
β–ͺ️ Save and multiply your assets - choose proven professional traders and multiply your assets by growing their trader's label tokens.
β–ͺ️ Group investments -
By voting the participants and holders of the trader’s label token, can decide whether to trust the trader with investments in various crypto companies or any speculative instrument like farming or staking
β–ͺ️Copy any transactions of chosen wallet; Save on commissions with Dexe smart contract copying pools; Hold, send, give your trader’s label token; and more!

The product is currently being tested and 60 people are involved in this process.
While the network is still closed from the public, any user, who wants to participate in the trial period, can join us and be among the first who tries the project

We are extremely excited about the project and are looking for more updates! We recommend to subscribe to DeXe Network social channels not to miss important news. Also, check the video about DeXe network πŸ‘‰ youtu.be/Lz8O1cR3yl0

TG: @Dexe_network
Website: DeXe.network
Twitter: twitter.com/DexeNetwork
​​Huobi Global announced Utrust (UTK) listing

The USDT trading pair of UTRUST (UTK/USDT) will be available on Huobi Global on September 9th, 9AM UTC. Deposits and withdrawals are already available.

πŸ‘‰ huobiglobal.zendesk.com/hc/en-us/articles/900002528303-Launch-of-UTK-USDT-Spot-Trading-at-17-00-on-September-9-GMT-8-
​​Neutrino released new Neutrino System Base Token (NSBT) mechanics

Neutrino System Base Token ensures stability of USDN, a main token which tracks the US dollar. On top of USDN, Neutrino is about to build an ecosystem of stable assets, including national currencies. It is called DeFo(rex), as it is meant to offer an alternative to the traditional Forex infrastructure, providing an instant frictionless swap between different currencies.

Neutrino taps into the underlying blockchain economy, wrapping it into the stablecoin format. Unlike the majority of DeFi stablecoins on Ethereum, it is not based on p2p lending and margin call mechanics. The logic is different: it turns WAVES staking into interest paid on USDN holdings, thus creating a financial instrument with an annual interest in the range of 15%.

πŸ‘‰ medium.com/wavesprotocol/base-forth-41ef6e98eaea
​​JustLiquidity (JUL) has been listed on Hotbit

JustLiquidity is available on Hotbit under JUL/ETH trading pair. JustLiuidity is a Liquidity Protocol which gets integrated with the Uniswap Exchange and rewards liquidity providers with ETH as well JUL token holders with their unique finance and liquidity engine. JUL has an elastic supply structure which increases when more liquidity is added, and decreases when liquidity is removed from the Protocol.

πŸ‘‰ https://hotbit.io/exchange?symbol=JUL_ETH
​​Bluzelle (BLZ) is listed on the Crypto.com Exchange

BLZ joins a growing list of 70+ cryptocurrencies and stablecoins on Crypto.com App. With BLZ added to the Crypto.com App, users can now purchase it at true cost with no fees - credit card and bank transfer both supported. As Crypto.com also offers a Visa Card, this adds additional utility to BLZ as users can easily convert cryptocurrencies into fiat currencies and spend at over 60 millions merchants globally.

πŸ‘‰ blog.crypto.com/crypto-com-lists-bluzelle/
​​Smoothy.finance Project Overview

Smoothy is a product built upon SmoothSwap. It is a novel single pool liquidity protocol specialized in same backed assets with low-cost zero-slippage swapping and maximum interest earning.

Smoothy provides a single pool to support both swapping and interest earning with
β–ͺ️Zero-slippage
β–ͺ️Free swap at anytime
β–ͺ️Low gas fee
β–ͺ️Maximized interest earning

SMTY is the governance token of Smoothy.finance, which is used for decentralized governance of future projects and asset liquidity incentives. 95% of the interest earning through other DeFi aggregator will be distributed to LP, 5% of the interest will be converted to SMTH and then burned.

We are looking for more updates from the project and recommend to subscribe to Smoothy Finance social channels not to miss important news.

TG: @Smoothy_finance
Website: Smoothy.finance
Twitter: twitter.com/smoothswap
​​VOLUMES AND TRAFFIC OF MAJOR DECENTRALISED EXCHANGES, AUGUST VS JULY COMPARISON
​​UTU Powering the next wave of DeFi! The token sale is ongoing and the project has already raised over $1.5M!
UTU proposes to β€œtokenize” trust by using an oracle directly in the smart contracts of the new instruments, the kind that serves as a proof that a specific person has a reputation score of X and there are Y people willing to stake their reputation to allow the person X to get a more favorable rate of collateralization, better yield or some other benefit.
πŸ‘‰ https://medium.com/@UTU_trust/powering-the-next-wave-of-defi-35da5d284076
​​MANTRA DAO and Band Protocol Announced Validator Partnership

This Band Protocol validator partnership means that BAND holders will be able to delegate and stake their BAND tokens on the MANTRA DAO Platform. Apart from BAND staking rewards, users can earn additional OM tokens by delegating their tokens to the MANTRA DAO validator nodes. MANTRA DAO is currently exploring the integration of Band Protocol oracles in MANTRA's various DeFi protocols including lending, borrowing, games, and a KARMA reputation system.

πŸ‘‰ medium.com/mantra-dao/mantra-dao-x-band-protocol-validator-partnership-announcement-e93f5347b8f9
​​ForTube is Launching a Long-term Liquidity Incentive Plan

In this long-term yield farming incentive plan, the total amount of rewards is 85 million FOR, and the initial daily release amount is 500,000 FOR. ForTubers who are FOR holders can participate in the following three ecological incentive campaigns:
β–ͺ️Firstly, FOR holders can get interests and liquidity incentives by depositing FOR on the ForTube lending platform
β–ͺ️Secondly, depositing FOR in the Uniswap FOR/ETH liquidity pool and other decentralized exchanges to get FOR token rewards.
β–ͺ️Thirdly, depositing FOR in the governance contract to get the privilege to vote on the ForTube platform governance, initiate proposals.

πŸ‘‰ medium.com/@fortube/fortube-is-launching-a-long-term-liquidity-incentive-plan-with-a-total-rewards-of-85m-for-tokens-1a765ad57fff
​​Matic has announced that some of the industry's biggest stablecoins will be available for public use on Matic Network! The full details to be revealed in coming days!
πŸ‘‰ twitter.com/maticnetwork/status/1303687276174536706