The DeFi field has amazing upside potential. Whether it is relative to the entire crypto market, or especially relative to the traditional derivatives market, the total value of DeFi is negligible. New users entering the field will bring liquidity and promote the exponential growth of the DeFi derivatives market. Compared with the products launched by CEX, the transaction of various products in DEX is still not much, but the decentralization features such as permissionless and non-custodial insisted by DEX are becoming more attractive to the crypto world, coupled with a large number of professional flow which has solved the liquidity problem that DEX has been facing. We are looking forward to the breakthrough development of DEX market share. Among the few DEXs, INJ and YFX are mainly based on decentralized derivatives contract transactions in terms of products. Let's take a look at the differences between the two DEXs in terms of trading mechanisms. In terms of market making mechanism:
In terms of transaction mechanism:
[link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxr13k/let_me_tell_you_the_difference_between_yfx_and/
via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxqokd/let_the_smart_contract_manage_your_digital/ Get the best deal! YFX, the leader of the decentralized derivatives trading platform, is about to release platform currency, you can get an airdrop just after one transaction, now log in to the official website to experience it. yfx.com [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxqh62/the_dex_platform_yfx_in_the_latest_defi_ecosystem/ YFX is a transparent decentralized trading platform for perpetual contracts. All funds are hosted by smart contracts. All smart contract codes are open sources, which have been audited by the professional institutions. Users have full control of their funds in smart contract. YFX is committed to empowering the development and adoption of DeFi. Derivatives are the basic tools of financial market risk management, hedging and arbitrage. As DeFi's lending products mature day by day, derivatives will become the cornerstone of its next series of innovation, development and maturity. website: https://www.yfx.com [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxq2co/yfxfirst_defi_trading_platform_support_100x/
via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxpwsy/biden_announced_a_19_trillion_stimulus_plan_its/ Hi I'm a beginner to trx, can I know if trx is best for a long term investment [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxo4uw/new_to_tron_trx/ Bityard is a fully regulated crypto derivatives trading platform. The exchange quickly earned notoriety as one of the world’s leading cryptocurrency contracts exchanges. Full review [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxpkcy/bityard_exchange_bringing_simplicity_to_crypto/ The DeFi world is changing rapidly and new gameplay is updating everyday. As the most popular and fastest-developing trading product in the DeFi field, DEX obviously will not miss the fastest-growing derivatives market in the cryptocurrency trading market. In the field of cryptocurrency derivatives, the distinctive perpetual contract has naturally become a high ground for competition in the new battlefield of DEX derivatives. It is understood that since 2020, at least seven DEX platforms including YFX, DerivaDEX, dYdX, Futureswap, Injective Protocol, MCDEX, and Strike Protocol have announced the launch (or will launch this year) of the decentralized perpetual contract trading market and every of the platforms has adopted different designs in terms of transaction mode, contract mechanism, product specifications and infrastructure, which means all have its own characteristics and strengths. Compared with several other DEXs, YFX's advantages are particularly obvious and the trading process is more convenient.
[link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxpi6i/next_defi_hotspot_comparison_of_seven_major_dex/
via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxpg5n/an_interesting_defi_project_to_share_with_everyone/ The topic says it all haha [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxokz6/if_china_removes_the_cryptocurrency_ban_will_trx/
via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxmrwb/as_the_first_perpetual_contract_trading_platform/
via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxmlpb/as_the_first_perpetual_contract_trading_platform/ the only one decentralized derivatives trading platform supporting 100x leverage in the world1/14/2021 As the most popular and fastest-developing trading product in the DeFi field, DEX obviously will not miss the fastest-growing derivatives market in the cryptocurrency trading market. In the field of cryptocurrency derivatives, the distinctive perpetual contract has naturally become a high ground for competition in the new battlefield of DEX derivatives. Among them, the only decentralized perpetual trading platform YFX that supports 100x leverage is particularly interesting. You may soon see a new upsurge in the DeFi field. Defi new track: YFX - decentralized perpetual trading platform The DeFi world is changing rapidly, and new gameplay is updating everyday. Perpetual Contracts (Perpetual Contracts), also known as Perpetual Swaps (Perpetual Swaps), digital currency perpetual contracts were first (2016.5) launched by the Centralized Exchange (CEX) BitMEX which also is the magic weapon promoted this platform quickly emerged as the world's largest derivative trading platform. Since BitMEX was first launched and succeeded in 2016, many CEXs (such as Binance, Huobi, OKEx, Bybit, FTX, etc.) have successively launched perpetual contract products. The trading volume of the perpetual contract market far exceeds that of spot and margin trading. According to statistics, since the beginning of 2020, the average daily trading volume of the perpetual contract market on BitMEX, Binance and OKEx has exceeded 1 billion US dollars, while the average daily trading volume of spot markets such as Coinbase has only been around 100 million US dollars during the same period. What are the characteristics of YFX perpetual contracts? Perpetual contract is a kind of derivative that allows users to deposit and withdraw underlying asset in the market. It is similar to traditional futures contracts, but has its own characteristics. The main features are as follows: There is no expiration date/settlement date for the position, you can hold it for as long as you want (no need to frequently manage and establish a position, suitable for long-term investors, but also save the handling fee for frequent delivery); The underlying asset itself does not need to participate in the transaction (it is not necessary to actually hold the underlying asset, which means there is no custody issue); The price of the perpetual contract closely tracks the market price of the underlying asset; High leverage: There are flexible leverage multiples (1-100x) to choose from (enlargement of capital efficiency); High liquidity: Perpetual contracts are derivatives which have largest trading volume. They have strong liquidity and it is easier for buyers and sellers to participate. [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxmcbx/the_only_one_decentralized_derivatives_trading/ Hello Tron community, The last couple of weeks I discovered the whole Just (Ecosystem with Just, Swap, Lend and Polonidex) and started playing around. I started lending out my assets like TRX, USDT, BTC, ETH, SUN, JST, USDJ, WBTT and WIN which was not an issue. But if I want to withdraw it doesn't seem to work! I am using a Ledger HW. Anyone else discovered these issues? What am I missing? Regards [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxlr59/withdrawing_from_underlying_asset_on_justlend/ What makes you excited for TRX this year? What do you think is coming our way? Anything scare you? [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxlkfv/what_excites_you_the_most_about_trx_for_this_year/ I just bought TRX last week. Can I still take part in the jST and BTT airdrop? [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxjp6f/tron_airdrop/ Guys we are never going to moon are we? [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kxc10e/holding_forever/ So i bought trx years ago when it was still a token, it's sitting in my wallet now and I've just learned it's worthless unless i exchange it on binance. I found the wallet address to send it to for the exchange. However, with the price of eth right now is it going to cost and arm and a leg in gas to move it to binance? What's a way to get around this? I've heard this new eth is supposed to fix the gas price problem, but im concerned that if i wait for that to be available then the option to exchange trx will be over. And I'm not even sure if it would make a difference as everything is in a standard eth wallet anyway, i assume it'll have to be in the new eth wallet to take advantage of it. Any advice? [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kx898t/exchanging_trx20_tokens/ Forsage Tron XGold Smart Contract:✅ Buy #Tron coin then use Tron coin to activate levels 1-15 ✅ Includes 3 different ‘programs’ with each program including 15 levels ✅ X3Program: purpose is to receive 100% commission. When someone signs up below you and activates level 1 in the X3Program, you automatically receive 100 Tron. When then activate level 2, you receive 200 Tron and so on. ✅ X4Program: purpose is to receive ‘spillover’ payments from people in your entire upline (people above you) and your entire downline (people you’ve signed up below you and people they have signed up below them) ✅ XGoldProgram: same as x4 program above but more spots and different/more lucrative payment structure. ✅ Once a level is activated, you never have to activate it again and continue to receive profits from that same level over and over and over. ✅ Never expires, stays active for life! ✅ Tron coin is about 3 cents per coin ✅ Buy coin on Trustwallet app ✅ Transfer coin to Tokenpocket [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kx19dv/forsage_tron_xgold_use_tron/
via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kwzd1y/need_help_with_swappingtransferring_tron_wallet/ So since early last year I've been playing around with TRX Defi dapps but most seemed to have some flaw. Backdoor code, scam, rug pull, lazy devs, whale problem, etc. There were a few good ones though. My favorite at the moment is Tron Flow and I'm surprised it works as well as it does. It's been running since 2020-10-06 and provides a 5% daily ROI which is kinda crazy if you think about it. I originally invested a few TRX and just reinvested the interest daily until I got my investment back, since then it's just been profit. It didn't take long. The dev for the smart contract is public, there are daily zoom meetings, the contract is audited and it supports top up (one of the annoyances Tronchain had). There's also a mandatory 25% auto reinvest when making a withdrawal which helps deter whales. You can access the site via most dapp browsers. Klever for mobile works well or Tronlink for Chrome/Brave and I think Opera as well. Link for those interested: Tron Flow If interested, give it ago, I've been quite surprised with the results. [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kwbzcx/anyone_here_using_tron_flow_trx_defi_dapp_im/ Hello guys. I've been thinking of putting my Tron to compound and I am trying to pick a place that is trustworthy, where I can do it. I came across this website https://newpool.io/ and I also came across this wallet https://atomicwallet.io/. Which one is a better and safer place to stake Tron and earn rewards? [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kw6ap7/are_these_options_legit_and_trustworthy_for_tron/ Trying to buy Tron and can’t find an exchange that supports it. [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kw62ug/how_long_does_it_take_to_receive_refunds_on/ I feel like if torn becomes a decentralized server to combat big tech then it might have huge potential [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kw4lwm/will_torn_ever_act_as_a_sever/ Hello, I recently started staking my TRX for the first time on my ledger and I’ve done this 3 different times even trying to vote for different SRs in the top 5 and I haven’t received any rewards. Should there be some sort of claim button somewhere or are they supposed to automatically be added to the balance in my wallet. Perhaps I am supposed to unfreeze to receive them? I figured I was unfrozen after each cycle, before each time I redelegate my votes. Thanks!! [link] [comments] via Community for TRONICS https://www.reddit.com/r/Tronix/comments/kw18cw/dont_seem_to_be_earning_stake_rewards/ |
TronixTRONIX is a MainNet token based on the TRON Protocol issued by TRON Foundation, known as TRX. TRX is the basic unit of accounts on the TRON blockchain. The value of all other tokens derives from that of TRON. TRX is also a natural medium currency for all TRC-based tokens. Archives
November 2020
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