FDO—A globally universal currency beyond human control

Data as of April 30, 2023

This article introduces the purpose, design mechanism, driving force, and future plans of Freedom Finance, which involves interesting and exciting currency theory and an experiment on incentive mechanism design.

The vision of Freedom Finance is to make its token FDO a stable and freely floating (non-anchored) currency backed by assets, serving as the base currency of the cryptocurrency economy, and establishing a convenient settlement tool between cryptocurrencies and fiat currencies through global payments. Like a private bank, it mints its own banknotes (FDO), which are supported by assets (USDT) in the treasury (FDO pool). Freedom Finance uses various application ecologies and payment scenarios to influence the market value of FDO.

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A paper by Satoshi Nakamoto, “Bitcoin: A Peer-to-Peer Electronic Cash System,” gave birth to the blockchain industry, and the idea of decentralization and its derivative business has been embraced by the world. However, from the birth of blockchain to 2023, after 14 years, blockchain or cryptocurrencies still cannot solve a practical problem: “the basic function of money – payment.” Perhaps the transfer of cryptocurrencies has been widely accepted by industry professionals and can be easily used for large transfers, but it seems that it is still far from real life and society. How to apply cryptocurrencies to real life and make it convenient for all human beings around the world to use is still a problem that the cryptocurrency industry urgently needs to solve.

What currency can play an important role as a global payment?

BTC and ETH have independent currency policies, but their prices fluctuate greatly, making them unsuitable as currencies. Although stablecoins are stable, they are pegged to the US dollar, which makes them subject to the influence of the US Federal Reserve’s policies and regulatory risks from the US government. What we need is an independent and uncontrollable currency that can fulfill the basic functions of currency, not only circulating in the crypto community but also facilitating payments in the traditional financial world, allowing everyone to use cryptocurrencies easily and conveniently.

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The initial plan of Freedom Finance is to inject an initial circulation of 100,000 FDO/10,000 USDT into the treasury (FDO bottom pool). The price of FDO is 0.1 USDT/coin, which is also the initial price of FDO. This means that new FDO can only be minted when the FDO treasury (FDO bottom pool) has corresponding USDT. When the ratio between FDO and USDT changes, the price of FDO will fluctuate. Why adopt the concept of a private bank? Because FDO can be regarded as the promissory note issued by Freedom Finance, fully supported by the USDT assets in the treasury. Just like a bank issuing wealth management products and then lending these assets to earn income, the USDT of Freedom Finance’s crypto finance can be used in Defi protocols and as market makers’ profits to earn interest, which belongs to FDO holders.

Overview of FDO Coin Minting Mechanism

The purpose of this protocol is to achieve stability through a coin minting algorithm and ample funds in the national treasury. The encrypted financial products will inject USDT assets into the FDO national treasury at an average daily yield of 100%, and 60% of the assets (USDT) injected into the treasury each day will be used for coin minting. After minting, the assets will flow back into the FDO national treasury, which means that every time FDO is minted, it will have 166% of the assets (USDT) as support and flow into the treasury. This means that the national treasury will receive an additional 40% of USDT assets every day, which will cause a continuous change in the price of FDO and lead to its continuous appreciation.

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How is this achieved? For example, if the current price of FDO is 0.3 USDT/coin and the bottom pool has 200,000 FDO coins, in order to maintain the value of FDO, the bottom pool needs to have assets of 60,000 USDT (AMM automatic market maker mechanism), which is also one of the ways that DeFi forms prices. At this point, assuming that the scale of encrypted finance has reached 5 million USDT, the daily interest payment for encrypted finance yields is 0.7%, which means that 35,000 USDT needs to be paid to all encrypted finance users every day. According to the protocol, all 35,000 USDT will flow into the FDO bottom pool. At this time, the bottom pool will change from 60,000 USDT to 95,000 USDT. “60% of the assets (USDT) injected into the treasury each day will be used for coin minting”, which means that the daily minting amount is 21,000 USDT (35,000 x 60%), and the minting price for the day is 0.3 USDT/FDO, which means that 21,000 USDT can mint 70,000 FDO coins. At this point, the protocol will flow all the minted tokens and USDT into the bottom pool. The bottom pool will change as follows: (200,000 + 70,000) FDO / (60,000 + 35,000) USDT, and the price of FDO will also change from 0.3 FDO/USDT to 0.35185, an increase of 17.28%. This is the coin minting and token appreciation logic of FDO. Through the appreciation logic of FDO, we can see that the value of FDO is not set out of thin air, but that each FDO token has assets as support. The supply of FDO (total amount) will also increase over time, and FDO tokens will continue to appreciate with the changes in USDT and FDO.

In order to maintain the value consensus of FDO, FDO has set a 180-240 day incubation period since the protocol launch on April 10. During the incubation period, the buying fee for FDO in SWAP is 100%. On May 15, 2023, the FDO buying fee will be reduced from 100% to 70% to increase the liquidity of FDO and provide more ways for FDO consensus participants to participate. FDO LP liquidity mining will also be launched on May 15th. This will require all FDO participants to obtain FDO by purchasing encrypted financial products. The funds entrusted to encrypted financial products will be operated by FDO market-making teams to generate profits, which will be injected into the FDO bottom pool to increase FDO liquidity and market capitalization.

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FDO liquidity mining will migrate all FDO SWAP to Pancakeswap. Due to the extremely scarce current FDO production, the market premium of FDO has exceeded three times, and it is still uncertain whether FDO can be received, which will limit the ecological development of FDO. Some investors choose simpler encrypted financial methods to obtain FDO, while others hope to obtain FDO through decentralized exchanges. This seems unfriendly to the market value development of FDO and how to avoid speculators, but FDO has a better solution.

After the migration of FDO SWAP to Pancakeswap, the FDO liquidity pool will be officially locked on Pinksale for a locking period of 99 years, and the buy tax of FDO will be lowered from 100% to 70%. The reduction in the buy tax of FDO will allow crypto users to buy FDO directly on Pancakeswap, even though 70% will be destroyed. This is still a convenient way to obtain FDO when compared to the off-market FDO trading with a three-fold premium and the situation where FDO has no market value.

As the value of FDO’s token continues to increase, the liquidity pool will continue to grow, and with FDO’s marketing plan, FDO will have more popularity and heat in the crypto community. More crypto users may buy FDO on Pancakeswap, and some of them may not understand the rules of FDO’s buy tax and directly buy FDO, immediately destroying 70% of it, contributing to the price growth and ecological development of FDO.

Of course, investors who are optimistic about the future development and value appreciation model of FDO and are unwilling to join crypto finance can also buy FDO on Pancakeswap at a premium of 3.33 times. This approach not only ensures the development of the ecosystem but also ensures that secondary market participants do not affect the normal token appreciation and value incubation mechanism of FDO. Users who buy FDO in the secondary market not only will not affect the development of FDO but will also have a long-term impact on the depth of FDO’s liquidity pool, token appreciation, and consensus growth. Buyers who buy FDO at a premium of 3.33 times on the trading platform also make sure that there is no selling pressure on FDO in the short term. If they sell FDO and make a profit of twice the amount they paid, then secondary market buyers would need FDO’s value to increase 6.66 times before they can make a profit of one time. However, the funds of the buyers who enter FDO’s liquidity pool in the range of FDO’s value appreciation of 6.66 times will keep increasing the size of FDO’s liquidity pool and serve as liquidity. A larger liquidity pool will attract more powerful crypto investors to participate in FDO’s crypto finance and ecosystem, which will make FDO’s market value appreciation enter a healthy cycle.

Why is the value of FDO so high if only 1.66 times its assets are used as support?

The price of FDO is driven by protocol and consensus, as well as the premium paid by FDO holders for the potential of Freedom Finance. The daily protocol mints coins with a mechanism of (60%, 100%), which means that 60% FDO/60% USDT is injected into the liquidity pool, and an additional 40% of the daily yield paid to crypto investors is automatically used to buy FDO in the pool, continuously increasing the value of FDO. Even if someone sells FDO midway, the daily payment of 40% yield funds (USDT) will still be automatically used to buy FDO in the pool, pushing FDO to continue to appreciate. Crypto users cannot influence the protocol’s daily continuous buying of FDO from the pool, whether they buy or sell on the secondary market.

How has Freedom Finance (FDO) performed?

The above theoretical analysis has been conducted on FDO’s incentive structure and coin minting model. How has FDO actually performed? Due to the daily injection of 100% and 60% yield funds into the liquidity pool, FDO’s pool and token price have continued to grow, which is indeed a strong incentive for people to pay attention to and purchase crypto finance.

On April 10th, the FDO bottom pool was officially launched for coin casting starting at an initial price of 100,000 FDO/10,000 USDT. After a total of 20 days, on April 30th, the price had increased by 214% to reach a total of 226,422.83 FDO/71,720.27 USDT. With the continued strong performance of FDO, after the migration from FDOSWAP to Pancakeswap and the opening of LP liquidity mining, FDO’s liquidity and depth are expected to perform even better, driving the dual development of FDO in crypto finance and LP liquidity mining. This will enable the bottom pool to quickly accumulate a large amount of funds and drive the upward momentum of FDO. As the bottom pool has more liquidity injected, the impact of injected funds or sold tokens on the FDO price will continue to decrease, making FDO relatively stable. Having more liquidity and more assets in the bottom pool will also give mature crypto investors more confidence, as they will no longer pursue high returns and FDO’s high appreciation, but rather stable income brought by the massive bottom pool.

Future Outlook

For Freedom Finance, this is just the beginning. Although FDO has a long way to go to become the base currency of the crypto economy, it needs larger assets to support it to be relatively stable, and to form such a consensus: it needs global payment channels and huge profits to support these currencies. Freedom Finance plans to update its decentralized wallet in late May to early June and launch the world’s first decentralized privacy wallet “Darker Wallet” in July-August 2023, which includes global payments, anonymous MasterCard, privacy transactions, multi-chain cross-chain protocols and DarkPool. The global payment business will be launched in September 2023. FDO will function as an authorized pledge asset in Darker Wallet, and locking a certain amount of FDO will give you a $5,000 usage limit in the anonymous MasterCard bound to the Darker Wallet, which can be used for payment/withdrawal, of course, with a 1%-2% handling fee deducted.

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To promote the FDO global payment business and the Darker Wallet, Freedom Finance has also set up an Asian headquarters in Bangkok and simultaneously established FDAO communication centers in Korea, mainland China, Taiwan, Japan, Hong Kong, Malaysia, Singapore, Indonesia, Vietnam, and the Philippines, as well as recruiting global country agents.

Freedom Finance is a very early project that has made a good start and established a bridge between WEB2 and WEB3. The unprecedented coin casting model frees the appreciation of tokens from the influence of human factors, a historic moment for DeFi, driven by protocol and consensus to promote token development. In summary, FDO has already met the standard of becoming a global currency, and whether it can fulfill this great vision will be decided by all FDO holders together.

Address: 0xA7EBB1a43f67246466351508b84d8927375D6C58

Website: http://fdo.finance

TG: https://t.me/hiFDOfinance

Twitter: @FDOFinance

 

Frontline of Web3 | L2FINANCE GLOBAL COMMUNITY MEETUP successfully held!

On April 27, the L2FINANCE GLOBAL COMMUNITY MEETUP NEW YORK Station initiated by L2FINANCE was successfully held. This offline MEETUP conference is one of the L2FINANCE global tour series conferences. Many Crypto KOLs, Web3 innovators, L2FINANCE ecological preachers, and opinion leaders gathered at the Meetup to discuss the new future of L2FINANCE & Web3, presenting a luxurious event for everyone A consensus event from the development trend of Web3 to the landing of ecological scenarios!

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In order to explore more possibilities in the market and promote the development of ecological consensus, L2FINANCE, as a new force of Web3, published and shared on this Meetup, communicated face-to-face with many Web3 innovators, talked about innovation and answered questions. During the theme sharing period, L2FINANCE’s highly innovative on-chain derivatives model and a number of innovative achievements attracted the attention of everyone present.

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The theme of this summit is the leader of the Web3 era, and the changes and challenges of the financial industry in the digital age of the Web3 era are also the focus of practitioners. In this Meetup, Richard, a core member of L2F INANCE4, brought a theme sharing to the public. He mentioned that L2FINANCE is a one-stop financial derivatives market service platform based on Layer 2 technology, focusing on the market-making of derivatives liquidity on the chain business services. L2FINANCE is always solving the liquidity problems faced by the target marijuana market, promoting the active development of more derivative product agreements on the link, and achieving profitability together with the help of L2FINANCE. At the same time, based on the status of innovative derivative products, by participating in the derivatives market on the chain, the capital utilization rate of the market will be further improved, and more and more long-tail investors will participate in the development dividend of the derivatives market on the chain .

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In the follow-up sharing, L2FINANCE global promotion ambassador Sam added that the emergence of L2FINANCE will trigger major changes in the blockchain market, bring investors more diversified platform investment income, and also provide a boost to the derivatives market. The future offers even more possibilities. At present, the advantages of the L2FINANCE platform include three points: AI automation strategy, using AIGC technology combined with the global risk factor model, so that the agreement can obtain more accurate risk assessment and realize AI automatic optimization strategy; global liquidity model, low transaction fee and no slippage , can be integrated in depth; flexible trading methods, adopting cross-margin mode + multi-asset mortgage, and multiple derivative investment directions such as synthetic assets, options, forecast markets, perpetual contracts, etc., provide more flexible trading methods and increase yields.

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He also mentioned that L2FINANCE has laid out the ecological development plan for 2023 in advance. In the Q2 quarter, it released the L2FINANCE trading platform and launched Arbitrum; launched the L2FINANCE native token L2F and listed it on the DEX exchange; The community actively participates in platform construction; the AIGC-based arbitrage vault is launched to provide investors with more stable investment income. In Q3, the lightning network-based cross-chain arbitrage function was launched; the derivatives aggregation transaction function was launched, and it was connected with the existing DeFi protocol; the multi-chain options ecosystem was launched, with more options trading options; an open API was launched /SDK service docking function to provide services for more partners. In the Q4 quarter, more Layer 2 public chain support will be added, such as Optimistic, zkSync, Polygon, zkTube, etc.; a decentralized OTC transaction function will be launched, and it will be connected with the live wallet; an identity authentication system will be launched to ensure investor privacy and security; The online P2P lending platform provides Layer 2 users with diversified lending options.

In the next sharing session, James, a core member of the L2FINANCE North American community, shared the development history and performance data of L2FINANCE and covered the application of blockchain technology and its use in different business sectors and the experience of the brand in the blockchain and financial technology industries. In-depth discussion of the impact on the community. The succinct and straightforward narration allowed participants to clearly understand the glory of the L2FINANCE brand along the way. In fact, the development history of the l2FINANCE brand around the world is supported by data. Every major data disclosed means the hard work of the brand in the process of rapidly expanding the operation team. With the overall presentation of major data, the efforts of the multi-regional operation teams have finally yielded positive results. Now L2FINANCE’s industry popularity and global influence are steadily increasing around the world, and it is marching toward the top of the industry.

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Through this Meetup exchange meeting, the majority of Web3 evangelists also have a deep understanding of L2FINANCE’s new solution for the derivatives market on the chain. We believe that with the efforts of the application ecology represented by L2FINANCE, empowering user needs and creating more value for investors will be the industry trend in the future.

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Looking back at the development history of the L2FINANCE platform, it is a true portrayal of the brand’s respect for users and win-win cooperation with users. L2FINANCE has long recognized that technological innovation can bring customers a smoother and more convenient wealth transaction management experience, so the company vigorously promotes technological innovation and regards technology as a key pillar in its business strategy. Looking forward to the future, L2FINANCE will also be committed to further accelerating the construction of various business segments. By building a comprehensive ecological environment for on-chain derivatives services, more investors can participate in the industry development dividend through L2FINANCE.

CITEX Global: Innovating Cryptocurrency Security and Convenience

Regional Deployment: CITEX has established operations centers in several regions to cater to users’ needs worldwide. These regions include Singapore, Hong Kong, South Korea, Kazakhstan, and others.

Service Deployment: CITEX started with spot trading in 2018 and has since then expanded to offer a wide range of trading and investment services. These services include futures trading, margin trading, options trading, ETF trading, DeFi staking, yield farming, and more. CITEX also offers a variety of financial products and tools, including CITEX Index, CITEX Fund, and CITEX Big Data.

Technology Development: CITEX has adopted advanced security technologies and measures to ensure the safety of its users’ assets and personal information. These include two-factor authentication, cold storage, and real-time monitoring of suspicious activities. CITEX also uses AI and big data analysis to enhance its trading services and provide users with more precise investment advice.

Community Development: CITEX has built a large and active community of users and traders, offering various activities, events, and rewards programs to engage and incentivize its users. The platform also encourages feedback and suggestions from its users to improve its services continually.

Advanced Security Technologies

CITEX Global understands that security is paramount in the cryptocurrency industry, where the risk of hacks and cyber attacks is high. As a result, the platform has implemented advanced security technologies to ensure the safety of its users’ cryptocurrency holdings. These technologies include multi-factor authentication, advanced encryption methods, and a cold wallet storage system that is offline, reducing the risk of theft and hacking attempts. CITEX Global’s security measures are among the most advanced in the industry, giving users peace of mind that their assets are secure.

A Comprehensive Cryptocurrency Management Platform.

CITEX Global is a one-stop cryptocurrency management platform that offers a wide range of services to its users. These services include spot trading, mining, incubation, Fiat trading, earn services, derivatives, and more. Spot trading allows users to buy and sell cryptocurrencies on the platform, while mining provides an opportunity for users to earn cryptocurrencies through PoW or PoS mining. Incubation is a service that helps projects in the cryptocurrency space to grow and develop. Fiat trading allows users to buy and sell cryptocurrencies using fiat currencies, while earn services allow users to earn rewards for staking their cryptocurrency holdings. Finally, derivatives enable users to trade cryptocurrency futures and options. By offering such a comprehensive suite of services, CITEX Global caters to the diverse needs of cryptocurrency users.

User-Friendly Interface

CITEX Global also prioritizes convenience by providing a user-friendly interface that is easy to navigate. The platform’s intuitive design ensures that users can access the services they need quickly and efficiently. Additionally, CITEX Global provides users with 24/7 customer support, ensuring that any issues or queries can be resolved promptly. This user-friendly interface is crucial in attracting and retaining users who value convenience in cryptocurrency management.

International Presence

CITEX Global has a global presence, with operation centers in Hong Kong, South Korea, Kazakhstan, and other regions. This expansion highlights the platform’s potential for growth and its global appeal. By establishing a presence in multiple regions, CITEX Global can tap into new markets and expand its user base. This international presence also allows CITEX Global to cater to the diverse needs of cryptocurrency users around the world.

Innovation

CITEX Global is committed to innovation, continually exploring new technologies and features to improve its services. The platform’s research and development team is always looking for ways to enhance the platform’s security and convenience. For example, CITEX Global is exploring the use of blockchain technology to further improve security and transparency in cryptocurrency management. This commitment to innovation ensures that CITEX Global stays at the forefront of the cryptocurrency industry.

In conclusion, CITEX Global is a comprehensive cryptocurrency management platform that is innovating cryptocurrency security and convenience. With its advanced security technologies, wide range of services, user-friendly interface, international presence, and commitment to innovation, the platform is well-positioned for continued success in the cryptocurrency industry. Whether users are looking to buy and sell cryptocurrencies, earn rewards, or trade cryptocurrency futures and options, CITEX Global has something to offer.

CITEX Global:NO.1 computing mining exchange

Cryptocurrencies have become increasingly popular in recent years as a means of exchanging value in a decentralized, peer-to-peer network. However, the security and convenience of cryptocurrency management remain a significant concern for many users. This is where CITEX Global comes in, offering a comprehensive cryptocurrency management platform that prioritizes security, convenience, and innovation. In this article, we will explore how CITEX Global is innovating cryptocurrency security and convenience.

 

CITEX is a cryptocurrency management platform that provides users with a wide range of products and services, including spot trading, mining, investment, incubation, OTC trading, earn, derivatives, and more. The platform has established operation centers in Hong Kong, South Korea, Kazakhstan, and other regions.

 

CITEX was founded in 2018 and has since then expanded rapidly, becoming a leading cryptocurrency exchange with a global presence. 

 

In 2018, CITEX was launched as a cryptocurrency exchange platform in Singapore, offering spot trading and other services.The platform also launched CITEX Token (CTT) token,  which is used to pay for trading fees, access premium services and mining services.

 

In 2019, CITEX is the first to launch a special trading area for mining currency trading, launch hot mining currency projects in the market, and launch MasterNode, Staking and other products and services. In 2019, CITEX became an exchange imitated by other platforms, and provided a lot of sharing and assistance for the halving market hotspots.

 

In 2020, CITEX continued to expand its services, introducing options trading, ETF trading, and other financial products. The platform also established partnerships with other companies in the cryptocurrency industry, such as ChainGuardian and MYKEY, to offer more secure and convenient services to its users. At the same time, CITEX has deployed BTC, ETH, and IPFS mines in Kazakhstan, Angra, Europe and the United States, and launched a strategic plan for the global deployment of mining.

 

In 2021~2023, CITEX continues to optimize products on the exchange to improve product experience and security, and financial derivatives are continuously optimized. At the same time, CITEX continues to develop a global mining roadmap. CITEX has established more than 20 mines in Kazakhstan, Africa, Europe, America, and Latin America.

 

CITEX has developed into a comprehensive cryptocurrency management platform with a range of trading and investment services. The platform has adopted advanced security measures and established partnerships with other companies in the industry to provide users with secure, reliable, and convenient services.

Zhongtian Hong Kong Group announced that it will inject USD 70 million into the ID LABS ecosystem

At the recent WBE3.0 Summit in Hong Kong, Zhongtian Hong Kong Group announced that it will inject USD 70 million into the ID LABS ecosystem for domain name development and other aspects. This move has attracted widespread attention from insiders and injected new impetus into the development of the blockchain industry. The capital injection of Zhongtian Hong Kong Group will provide strong support for the development of ID LABS and is expected to promote its innovation and development in the field of blockchain ecosystem.

The ID Labs ecosystem is an ecosystem based on Space ID, which aims to provide users with more comprehensive and diversified services. Through the ID Labs ecosystem, users can perform operations such as digital asset management, trading, and investment, and at the same time participate in various community activities to obtain more rewards and benefits.

Space ID is a Web3 identity network that facilitates the acquisition and management of domain names through blockchain technology. Among them, IDLabs is one of the Web3 ecological applications. The platform debuted in April 2023 when its .bnb domain name service was launched. Thanks to the platform, users are able to obtain decentralized identities on Ethereum, BNB chain and Arbitrum.

According to the official website information, the Binance (.bnb) domain name service on the Web3 platform has registered 701,401 domain names with 495,307 different owners. Second, it added 2,553,413 domains and 640,066 unique owners to its Ethereum (.eth) name service. Third, 232,886 owners of 267,264 domains registered with the Arbitrum-based.arb name service.

Orbits “Decentralized Finance is the Future”——Dubai Elite Summit discusses liquidity market-making benefits and global expansion

On April 23rd, Orbits held the Global Elite Leaders Summit in Dubai. Orbits Global Vice President delivered a speech on the theme of “Interpretation of Orbits Liquidity Market Making Benefits”. The presentation explored the liquidity market maker (LP) mechanism of the Orbits decentralized exchange and how this mechanism can bring benefits to users.

In his speech, he pointed out that the liquidity market maker mechanism is one of the core mechanisms of the Orbits decentralized exchange, which provides users with liquidity and trading depth by bringing asset suppliers and demanders together. In Orbits’ liquidity mechanism, users can supply assets to the liquidity pool, or acquire assets from the liquidity pool by consuming their own assets. This mechanism can provide users with high liquidity and transaction depth, and at the same time bring certain benefits to users.

He also introduced how the Orbits liquidity mechanism works. According to market demand and asset price changes, the system will automatically adjust the asset allocation of LP to ensure the balance of asset ratio. This mechanism can not only improve liquidity, but also provide users with certain rewards. While providing liquidity, users can obtain certain transaction fees and protocol tokens as rewards.

Orbits will continue to improve the liquidity income mechanism, explore more liquidity mining strategies, and provide users with more efficient liquidity and a better trading experience.

In the round table forum session of the summit, many experts and scholars conducted in-depth discussions on the topic of decentralized finance, which is the future. They believe that decentralized finance is the trend of the future financial system, and Orbits’ technology and practical experience in this field has received widespread attention and recognition.

At the summit, the CMO of Orbits also gave a keynote speech titled “Orbits Global Expansion and Comprehensive Development”. In the speech, the CMO reviewed the development history of Orbits from its establishment to the present, and described Orbits’ efforts to continuously explore and innovate and promote the process of decentralized transactions, as well as the latest progress of Orbits in global expansion. The CMO pointed out that decentralized transactions are one of the most valuable application scenarios of blockchain technology. Orbits hopes to bring decentralized transactions into more people’s lives by continuously optimizing technology, expanding the ecology, and promoting global cooperation. He also revealed a series of new products and functions that Orbits plans to launch in the near future, including more convenient cross-chain transactions, more efficient liquidity management, more friendly social functions, etc., to meet the growing needs of users.

The Orbits Global Elite Leaders Summit is a grand event full of thought collisions and inspirations. The speeches and exchanges of all the guests left a deep impression on everyone. Orbits will continue to be committed to the innovation and development of the decentralized financial field, continuously promote the improvement of technology and ecology, and bring more secure, transparent and efficient decentralized transaction services to global users.

Orbits Global Elite Leaders Summit – Going to the Future of Decentralized Finance

On April 23, 2023, Orbits will hold a global elite leadership summit in Dubai, UAE. This summit aims to discuss the future of decentralized finance, share Orbits’ global expansion and development, gather global elites, and explore the development of decentralized finance Together, we will go to the future of decentralized finance.
The summit invited experts and scholars from all over the world, financial practitioners, blockchain enthusiasts and members of the Orbits community to discuss the development of decentralized finance and how to better serve decentralized finance. society.
As a leading decentralized exchange, Orbits’ goal has always been to bring decentralized finance to a wider audience, providing them with a safer, more transparent and more efficient trading experience. This global expansion plan will further promote the expansion of Orbits’ global influence and market share.
Chris, founder and CEO of Orbits DeX, said: “Orbits’ global expansion plan is an important milestone for our company. We will work closely with decentralized financial institutions around the world to jointly promote the development of decentralized finance and provide users with Better decentralized trading services.”

The implementation of the global expansion plan will enable Orbits to better serve global users and meet the needs of different users. At the same time, Orbits will also strengthen cooperation with global decentralized financial institutions to promote innovation, knowledge sharing and ecological construction, giving Orbits more advantages in the field of decentralized finance.
Anna, the chief marketing officer of Orbits, is about to give a speech on the theme of “Orbits Global Expansion and Comprehensive Development”. Orbits is committed to promoting the development of decentralized finance, allowing more people to participate in decentralized finance through technological innovation and global expansion. in the field. At the same time, Orbits will continue to innovate and improve its own technology and products to better serve community members and global users.
In addition to the CMO’s speech, Orbits’ global vice president VP KY will also give an interpretation of Orbits’ liquidity market-making benefits. In the field of decentralized finance, liquidity market-making is a very important field, and it is also a relatively complicated field. Orbits has been committed to breaking the technical and threshold problems in the field of liquidity market-making, and providing users with more efficient, safe and low-cost liquidity market-making services. Through VP KY’s speech, everyone will have a deeper understanding of Orbits’ liquidity market-making strategy and technological innovation, and at the same time be able to more comprehensively grasp the development trends and trends in the field of liquidity market-making.

Finally, this Global Elite Leaders Summit will also hold a roundtable forum with the theme of “Decentralized Finance is the Future”, inviting experts and leaders in the industry to discuss and exchange the future and development direction of decentralized finance . This roundtable forum will be a platform for communication and sharing, and will also point out the direction and provide reference for the future development of decentralized finance. We are looking forward to the holding of this roundtable forum and believe that this roundtable summit will be a complete success.
A number of social activities were also held during the summit, allowing guests and participants to have more opportunities to communicate and share, and to jointly feel the great value and potential brought by decentralized finance.
The Orbits Global Elite Leaders Summit is an important node in the development process of Orbits, marking Orbits’ continuous advancement in the field of decentralized finance, and will continue to work hard to promote the development of decentralized finance and provide better decentralized financial services for global users. financial services.

About Orbits DeX

Orbits is a centralized exchange supported by ZK-SNARK, committed to providing users with safer, more transparent and more efficient trading services. At present, Orbits has launched the mainnet spot and contract transactions. Orbits uses decentralized technology to achieve the security, transparency and efficiency of transaction assets, and through cooperation with the world’s top decentralized financial institutions, it continues to expand the transaction ecology, aiming to become the leader of global decentralized finance, for Users provide more diversified, safer and more efficient decentralized financial services.

Orbits Global Elite Leaders Summit – Going to the Future of Decentralized Finance

On April 23, 2023, Orbits will hold a global elite leadership summit in Dubai, UAE. This summit aims to discuss the future of decentralized finance, share Orbits’ global expansion and development, gather global elites, and explore the development of decentralized finance Together, we will go to the future of decentralized finance.
The summit invited experts and scholars from all over the world, financial practitioners, blockchain enthusiasts and members of the Orbits community to discuss the development of decentralized finance and how to better serve decentralized finance. society.
As a leading decentralized exchange, Orbits’ goal has always been to bring decentralized finance to a wider audience, providing them with a safer, more transparent and more efficient trading experience. This global expansion plan will further promote the expansion of Orbits’ global influence and market share.
Chris, founder and CEO of Orbits DeX, said: “Orbits’ global expansion plan is an important milestone for our company. We will work closely with decentralized financial institutions around the world to jointly promote the development of decentralized finance and provide users with Better decentralized trading services.”

The implementation of the global expansion plan will enable Orbits to better serve global users and meet the needs of different users. At the same time, Orbits will also strengthen cooperation with global decentralized financial institutions to promote innovation, knowledge sharing and ecological construction, giving Orbits more advantages in the field of decentralized finance.
Anna, the chief marketing officer of Orbits, is about to give a speech on the theme of “Orbits Global Expansion and Comprehensive Development”. Orbits is committed to promoting the development of decentralized finance, allowing more people to participate in decentralized finance through technological innovation and global expansion. in the field. At the same time, Orbits will continue to innovate and improve its own technology and products to better serve community members and global users.
In addition to the CMO’s speech, Orbits’ global vice president VP KY will also give an interpretation of Orbits’ liquidity market-making benefits. In the field of decentralized finance, liquidity market-making is a very important field, and it is also a relatively complicated field. Orbits has been committed to breaking the technical and threshold problems in the field of liquidity market-making, and providing users with more efficient, safe and low-cost liquidity market-making services. Through VP KY’s speech, everyone will have a deeper understanding of Orbits’ liquidity market-making strategy and technological innovation, and at the same time be able to more comprehensively grasp the development trends and trends in the field of liquidity market-making.

Finally, this Global Elite Leaders Summit will also hold a roundtable forum with the theme of “Decentralized Finance is the Future”, inviting experts and leaders in the industry to discuss and exchange the future and development direction of decentralized finance . This roundtable forum will be a platform for communication and sharing, and will also point out the direction and provide reference for the future development of decentralized finance. We are looking forward to the holding of this roundtable forum and believe that this roundtable summit will be a complete success.
A number of social activities were also held during the summit, allowing guests and participants to have more opportunities to communicate and share, and to jointly feel the great value and potential brought by decentralized finance.
The Orbits Global Elite Leaders Summit is an important node in the development process of Orbits, marking Orbits’ continuous advancement in the field of decentralized finance, and will continue to work hard to promote the development of decentralized finance and provide better decentralized financial services for global users. financial services.

About Orbits DeX

Orbits is a centralized exchange supported by ZK-SNARK, committed to providing users with safer, more transparent and more efficient trading services. At present, Orbits has launched the mainnet spot and contract transactions. Orbits uses decentralized technology to achieve the security, transparency and efficiency of transaction assets, and through cooperation with the world’s top decentralized financial institutions, it continues to expand the transaction ecology, aiming to become the leader of global decentralized finance, for Users provide more diversified, safer and more efficient decentralized financial services.

Orbits “Decentralized Finance is the Future”——Dubai Elite Summit discusses liquidity market-making benefits and global expansion

On April 23rd, Orbits held the Global Elite Leaders Summit in Dubai. Orbits Global Vice President delivered a speech on the theme of “Interpretation of Orbits Liquidity Market Making Benefits”. The presentation explored the liquidity market maker (LP) mechanism of the Orbits decentralized exchange and how this mechanism can bring benefits to users.

In his speech, he pointed out that the liquidity market maker mechanism is one of the core mechanisms of the Orbits decentralized exchange, which provides users with liquidity and trading depth by bringing asset suppliers and demanders together. In Orbits’ liquidity mechanism, users can supply assets to the liquidity pool, or acquire assets from the liquidity pool by consuming their own assets. This mechanism can provide users with high liquidity and transaction depth, and at the same time bring certain benefits to users.

He also introduced how the Orbits liquidity mechanism works. According to market demand and asset price changes, the system will automatically adjust the asset allocation of LP to ensure the balance of asset ratio. This mechanism can not only improve liquidity, but also provide users with certain rewards. While providing liquidity, users can obtain certain transaction fees and protocol tokens as rewards.

Orbits will continue to improve the liquidity income mechanism, explore more liquidity mining strategies, and provide users with more efficient liquidity and a better trading experience.

In the round table forum session of the summit, many experts and scholars conducted in-depth discussions on the topic of decentralized finance, which is the future. They believe that decentralized finance is the trend of the future financial system, and Orbits’ technology and practical experience in this field has received widespread attention and recognition.

At the summit, the CMO of Orbits also gave a keynote speech titled “Orbits Global Expansion and Comprehensive Development”. In the speech, the CMO reviewed the development history of Orbits from its establishment to the present, and described Orbits’ efforts to continuously explore and innovate and promote the process of decentralized transactions, as well as the latest progress of Orbits in global expansion. The CMO pointed out that decentralized transactions are one of the most valuable application scenarios of blockchain technology. Orbits hopes to bring decentralized transactions into more people’s lives by continuously optimizing technology, expanding the ecology, and promoting global cooperation. He also revealed a series of new products and functions that Orbits plans to launch in the near future, including more convenient cross-chain transactions, more efficient liquidity management, more friendly social functions, etc., to meet the growing needs of users.

The Orbits Global Elite Leaders Summit is a grand event full of thought collisions and inspirations. The speeches and exchanges of all the guests left a deep impression on everyone. Orbits will continue to be committed to the innovation and development of the decentralized financial field, continuously promote the improvement of technology and ecology, and bring more secure, transparent and efficient decentralized transaction services to global users.

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