Press release. AscendEX, BitMax (formerly known as BitMax), an industry-leading digital asset trading platform built by Wall Street quantitative trading veterans, has announced its listing. DefiDollar token (DFD) In a pair USDT / DFD April 29 1:00 pm UTC.

DefiDollar It is a DeFi laboratory that aims to bring mass adoption to DeFi through a wide range of product suites. The first product to be launched will be the stablecoin index-DUSD, and ibBTC and optionCoin are currently under development. DefiDollar (DUSD) hopes to become DeFi’s risk insurance stablecoin layer. It aims to provide users with a safe and stable way to hold assets, and DUSD has been optimized for linked security, yield and diversification.

DefiDollar uses DeFi primitives to stay close to the dollar mark. DUSD provides a way to diversify stable currency holdings to hedge against events in which basic stable currencies such as Tether or DAI deviate from their pegged exchange rates. DUSD is secured by Curve Finance LP tokens.

DFD is the native token of the DefiDollar protocol and has two main functions: governance and as a protocol support in the event of a black swan event.

The DeFiDollar team is also working on a range of other utilities of the ecosystem, including synthetic, index and options products. The next product that DefiDollar will release will be ibBTC, which is a BTC index launched in cooperation with Badger DAO.

DefiDollar has gathered an experienced team, from Google to Y-Combinator-supported startups, and India’s first Crypto Unicorn-Polygon.

About AscendEX

AscendEx was originally established in 2018 and was originally named BitMax.io. It is a leading crypto and digital asset financial platform that can meet the needs of professional and retail traders at the same time.Venue provided point,futures, Margin trading with Stake out products It also combines the key elements of the DeFi field to establish a unique market structure for users. AscendEx is led by a team of Wall Street veterans who use the strict standards of the traditional market to create a strong, safe and reliable experience for all participants; and a consistent source of liquidity for the main products.

For more information and updates, please visit:

website: https://ascendex.com

Twitter: https://twitter.com/AscendEX_Global

telegraph: https://t.me/AscendEX English

Moderate: https://medium.com/ascendex

About DefiDollar

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DefiDollar is a DeFi laboratory that aims to bring mass adoption to DeFi. DefiDollar brings together a team with excellent experience from Google, startups supported by Y-Combinator and India’s first Crypto Unicorn-Polygon.

For more information and updates, please visit:

website: https://dusd.finance/

Twitter: https://twitter.com/defidollar?s=20

telegraph: https://t.me/defidollar_community

Blog: https://medium.com/defidollar/


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