Belt Finance and MDEX Strategic Partnership on the BSC

To continue growing and improving Belt.fi, they are adding reliable, innovative partners. They look forward to creating great synergy as they grow the BSC ecosystem together with MDEX.

By
Tolani Odukoya
on
April 20, 2021
Category:
BSC News


Belt Finance and MDEX Offer Platform Incentives

With great enthusiasm, a new strategic partnership between Belt Finance and MDEX was sealed and announced to the general public. Originally the leading DEX on HECO, MDEX is now opening on BSC.

MDEX is a decentralized transaction protocol based on an automated market-making mechanism.  The transaction fee charged is utilized to repurchase and burn the platform token, contributing to materializing a self-driving closed loop for value capture.MDEX is committed to building a DeFi platform that integrates DEX, IMO, and DAO.

In doing so, it seeks to provide one-stop liquidity services for more high-quality assets. At the same time, it offers users a more secure, reliable, diverse, and cost-effective transaction experience. 

By combining their resources, we believe this new partnership will bring benefits to both Belt.fi and MDEX. 

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The following are the details of what is to come:

  • MDEX will list $BELT for single token staking and give rewards
  • $BELT holders will be able to participate in an $MDX airdrop event.
  • Belt Finance and MDEX will work together to find further synergy between our projects on BSC and in a cross-chain capacity.


More on MDEX

MDEX is a decentralized transaction protocol based on an automated market-making mechanism. It aims to integrate the distinct advantages of a variety of basic public chains to create a high-performance compound DEX ecosystem. Using the “dual mining incentives through liquid mining and transaction mining” maximizes the participants’ returns.


Belt Finance

BELT (Belt.fi) is an AMM protocol that incorporates multi-strategy yield optimizing on Binance Smart Chain (BSC) with low fees/slippage that also provides aggregation through vault compounding, lending, and yield generation for maximum returns.

With Belt’s multi-strategy yield optimization, Belt Finance users do not need to actively move their assets around different DeFi protocols to get the most optimal yield on their assets. Belt.fi’s vault compounding puts together the convenience and savings of gas fees of the Binance Smart Chain.

WhatsApp Image 2021-04-17 at 1.20.20 PM

Belt Finance has established itself to be one of the most prominent DeFi protocols on BSC in terms of TVL. To continue growing and improving Belt.fi, they are adding reliable, innovative partners. They look forward to creating great synergy as they grow the BSC ecosystem together with MDEX.

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Tolani Odukoya

Tolani Odukoya is a professional crypto copywriter with over 2 years of translation experience. He has worked on several interesting Defi projects. Tolani leverages the power of content creation to add value to the Defi world