Decentralized finance or DeFi, for short, has emerged over the last year, building significant momentum over the year as the Total Volume Locked in the sector has surpassed over $35 billion in comparison to $1 billion in February last year.
Newer platforms like Fusion and Fantom are evolving the DeFi sector with interoperable and scalable solutions such as liquid staking, cross-chain swapping, and more. Fusion’s DCRM technology and the Fantom foundation’s DAG-based smart contract platform are expected to grow the Defi sector tremendously.
Both the networks aim to allow users to execute sophisticated financial functions while solving the scalability and interoperability issues of existing blockchain solutions, making way for the Internet’s new age.
Founded in late 2017, the Fusion project proposed establishing a platform-level public chain where the tokens’ private keys on multiple blockchains can be securely moderated in a distributed fashion using its proprietary DCRM solution.
At the core of the Fusion project’s design is a distributed control rights management system (DCRM), smart contracts creation, and hierarchical hybrid consensus mechanisms (HHCM). The project’s strategy is meant to catalyze the emergence of the Internet of Values.
The Fusion project implements HHCM to ensure unpredictable randomness of book-keeping nodes, hence bolstering the system’s security and functionality.
The HHCM enables the following for the Fusion project.
The Distributed Control Rights Management protocol at the heart of Fusion transfers digital assets control to the network’s decentralized nodes management. The distributed generation and storage of private keys on the Fusion network control the access of private keys. Hence no single node on the network can gain control of the digital assets.
Fusion also utilizes crypto-asset mapping. Crypto-asset mapping actively generates tokens used for bookkeeping on the network for controlled objects. Therefore, tokens on the network can freely interact with mapped assets. Moreover, Fusion has also implemented distributed control with its Lock-in and Lock-out mechanism.
With the lock-in and lock-out process, users can simply validate asset ownership by generating a private key with the distributed sharding algorithm found in the DCRM. Users transfer the control of their assets to the DCRM through a centralized management framework. After the transference of authority is completed, a smart contract will update the user’s account on Fusion.
The Fusion foundation was introduced by DJ Qian, the CEO of a popular blockchain incubator, BitSE. BitSE was nominated as the top fintech startup globally and awarded with the year's most powerful blockchain infrastructure. BitSE has also led to the establishment of VeChain and QTUM.
Most of Fusion’s success can be attributed to its technology and the open-source community behind it. The developer community has actively improved the platform’s protocols and features. Fusion has a group of honest developers called the FOSC. The group comprises some of the best open-source developers, translators, designers, and more.
The DCRM has several use-cases for storing cryptocurrencies. By combining DCRM with the ability to validate asset ownership, Fusion inherits a diverse set of use-cases.
Based on Fusion DCRM technology, Anyswap is a unique, completely decentralized, cross-chain swap protocol that provides users with automated pricing and a sophisticated liquidity system. The Anyswap decentralized application is compatible with notable blockchains such as Fusion, Binance Smart Cain, Ethereum, and Fantom, making it the first true cross-chain DEX.
Anyswap acts like a decentralized cross-chain bridge. Users can deposit any coins into the protocol and mint-wrapped tokens in a decentralized ecosystem. Users can also instantly swap from one coin to another without any risks to anonymity or privacy. Additionally, Anyswap also offers a liquidity provider that adds and withdraws liquidity into swap pairs on the application.
Furthermore, Anyswap exchanges different pairs on each of its supported blockchains. The newer version of Anyswap will offer direct pairings in addition to pairings with base coins of Fusion, Ethereum, Fantom, Huobi Eco Chain, or Binance Smart Chain.
Note that Anyswap users have to pay the gas fee for the respective blockchains they deal with. Also, users have to pay 0.4% of the sum they transfer, where 0.3% is assigned to liquidity providers, and 0.1% goes to Anyswap.
Based on Fusion’s DCRM technology, Chainge offers instant coded financial services that span multiple blockchains such as Ethereum and Binance Smart Chain. With zero investment required, users can freely leverage power-coded finance services by using the free tokens provided to them for joining the early adopter’s waiting lists. No upfront investment is required to leverage the power of coded financial services as users can utilize free tokens provided for joining an early-adopters waiting list.
Interestingly, users can seamlessly access services like margin trading, loan acquisitions and easily trigger digital financial instruments' liquidation. Additionally, users can access a myriad of wealth management features like self-customized crowdfunding or value distribution formulas through Chainge’s sophisticated yet user-friendly interface.
Users can also provide financial services as a coded bank by providing loans, escrow and protect their friend’s account’s security with multi-sig services. Chainge simply banks the unbanked and allows users to build their own digital bank.
It should be noted that Chainge is invite-only at the moment based on POIP, but you shouldn’t worry because you can click on this link and use my referral in order to get some Chainge tokens, (thank you).
Fusion’s technology is easily one of the most sophisticated systems existing in the cryptocurrency market. The FSN token is an excellent investment based on its use-cases, its solution to interoperability, scalability, and usability. By investing in FSN, you are investing in its adoption.
Although the token is ranked at 430 by Market Capitalization, the token has gone up in value at the time of writing, priced at $0.75. Fusion token accumulates a market cap of over $36.8 million with a trading volume of almost $16.5 million.
Moreover, the token has taken a bullish run after breaking the resistance level at $0.6 after 3.5 months. It’s plausible that the token will go through price corrections. For a project of this level and activity, the price is considerably low. However, paired with the ideal tools, you can make this investment the right decision.
https://coinmarketcap.com/currencies/fusion/
Fantom strives to stand out from the conventional block ledger-based storage infrastructure by employing a sophisticated DAG-based protocol called the Lachesis Protocol.
The Lachesis protocol operates on the Fantom Opera chain. It intends to enable applications built on top of the blockchain to experience instant transactions and negligible transaction costs for users across the board. The Lachesis protocol allows Fantom’s mission to deliver an interoperable and scalable solution to the world.
Fantom has proven to achieve a transaction time of under two seconds. Moreover, Fantom can process thousands of transactions per second to scale to hundreds of nodes on the network.
Fantom delivers the first DeFi stack built on top of an aBFT consensus mechanism, making it the fastest, cheapest, most reliable, and most secure platform in the ecosystem. Users can use their FTM to mint fUSD and access DeFi tools, use their fUSD to trade synthetic assets, or lend it to earn interest and borrow synthetic tokens. Let us discuss some of the core features of the Fantom ecosystem.
fUSD is a stablecoin on the Fantom network that serves as the gateway to Fantom’s Defi Platform. Users on the Fantom network can easily mint fUSD by locking up their FTM. Moreover, fMint also allows users to use fUSD as collateral to mint synthetic assets.
Users can instantly buy synthetic assets from the ease of their Fantom wallets. Users can use their FTM or fUSD to trade over 170 different assets and tokens, including fBTC, fETH, and other notable assets.
Users can seamlessly lend FTM and fUSD to the liquidity pool and earn passive interest on their capital. Moreover, users can use fUSD to lend synthetic assets and trade on fSwap from their Fantom wallets’ ease.
The Lachesis Protocol at the core of Fantom is an aBFT consensus algorithm proposed by the Fantom team. The aBFT consensus algorithm enables the following features:
The Lachesis Protocol essentially stores a Local Acyclic Directed Graph that comprises event blocks, each composed of transactions on the network. The DAG then monitors the happen-before relation between transactions and computes the exact final order of independent transactions on each node.
Additionally, The Lachesis Protocol dramatically saves time by making validators on the network periodically exchange the monitored transaction and events with nodes. Interestingly, Fantom also employs the proof of stake consensus protocol to secure the network from potential Sybil attacks with a minimum requirement of 3,175,000 FTM from validators.
Founded in 2018, Fantom operated from Seoul, South Korea, as a blockchain developer team striving to develop a new consensus algorithm. The Fantom Foundation team, led by their CEO, Michael Kong, comprises engineers, scientists, researchers, designers, and entrepreneurs.
With the emergence of various viruses and illnesses worldwide, Fantom has been expanding as a smart medicine solution to showcase Fantom Technology and Blockchain technology's numerous use-cases.
Fantom has a surpassed $385 million market cap with a trading volume of $65.6 million, priced at $0.15 per FTM at the time of writing. Considering the numerous use-cases Fantom has to offer and the features it is built on, Fantom is undoubtedly a fantastic investment. It provides speed, security, and ample room for growth. Moreover, the coin is ranked in the top 100 coins, therefore making Fantom an excellent investment.
https://coinmarketcap.com/currencies/fantom
The DeFi space is growing tremendously since its inception, and platforms like Fusion and Fantom are proving to be the catalyst in this ever-growing niche. As we have discussed, these platforms are more oriented towards solving core problems, namely scalability, and interoperability.
With these scalable, efficient, and interoperable platforms, the DeFi sector could achieve mass adoption and remove some of the core bottlenecks. The price and every growing upward trend indicate that the audience is showing significant interest in encouraging growth and adoption.
A special thanks to
Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Lola (AMA HOST): Hello!
You're welcome
Blood Tree: Thanks for having us
Lola (AMA HOST): How're you doing today?
Blood Tree: Doing good, I'm excited to be here finally. We've been waiting for this for a few weeks haha
How are you
Lola (AMA HOST): Glad to have you here. 😊
I'm good.
Shall we set the ball rolling?
Blood Tree: Yup, let's get it crackin
Q1. Can you give us a general introduction of you and Tree Defi? Could you tell us your role in the project and briefly introduce Tree Defi?
Blood Tree: Hello, I’m blood tree, one of the founders of TreeDefi, a Yield Farming project that focuses on deflationary tokenomics, real life NFT implementation and planting real trees around the world through deposit fees
My main role in the team is partnership, marketing and community management. I also love doing graphics for the project, writing articles and making youtube videos. It’s still work but I have a lot of fun with it so it almost feels like a hobby
And yeah, we treat every day as a new challenge and we love developing new skills through this opportunity offered to us by Defi
Lola (AMA HOST): Having so many skills. How do you manage them?
Blood Tree: Multitasking and lots of caffeine
Everyone is like this on our team, we're a bunch of sleepless maniacs
Lola (AMA HOST): Good one there!
Q2. How many team members do you have working with you? And can you also tell us their roles?
Blood Tree: We are currently 8 members, without counting the supporters we’ve recruited from our group, which help us with spreading the word about the project, some twitter management, community graphics and user support. It’s amazing to already have members from the community that we can trust when we’re overwhelmed by work
As far the main team goes we’re all coming from the startup world, having worked with countless projects and companies, so everyone is crafty with several skills required for this project, and we push each other to new limits every day
Everyone has an area they specialize in though, some are solidity and react developers, some work on UX/UI frontend changes, some marketing and community management and some research the landscape constantly and try to implement new innovative ideas. And we all try to learn from each other's specialty
Hope that answers it 😄
Lola (AMA HOST): Sure it does!
Q3. What are the major challenges of Tree Defi and how do you intend to solve them.
Blood Tree: The Defi world in general is a challenge in itself haha
It’s very hard to start a project and get it running. Once you get it running it’s hard to stabilize from the unavoidable initial pump and dump, and once you get through that you need a consistent schedule of updates to keep the ball running
The landscape is a non stop 24/7 365 days endeavour. Everything is in constant motion and everything your competitors do affects you too. Those previous points made the past month a bit of a living hell for us, having no free days, no proper sleep and no proper relationships with people in real life. But we’re never gonna stop. Seeing the community excited when we release something is much more rewarding than any vacation we could take
We’ve also overcome some minor hurdles during launch, but our community stood strong with us through it all, never flinching. We're blessed to have such a supportive userbase ❤️
Q4. How does staking works? And what's the reward Percentage? And can you tell us about your Audit?
Blood Tree:
Users have the opportunity to stake their SEED and TREE into our farms and pools, along with other tokens of their choice, including the ones from our partners. Since the project is young the rewards are still quite high, having over 1500% APR in some of our farms. We’ve also included a limited time pool where users can receive TREE as a reward (our capped token, with a supply of 16001 TREE). We’re always improving our farms and tweaking them for our users’ enjoyment and to stabilize tokenomics when needed.
Our audit was done by TechRate, a very respectable firm that has helped other large projects like Swamp in the past. They’ve been very kind to us, well priced and professional. They even went through phone calls with us to look into our contracts in detail and explain everything they do to us. It’s been a great experience and we recommend them.
If you wanna check the audit out it's in our menu on our app at app.treedefi.com
Q5. I learnt you would love to have partnerships with other Defi projects. Can you tell us which you've been looking at And why would you love to partner with them?
Blood Tree: Of course, we’ve already partnered up with Slime Finance and Blueswap. Both have been great experiences, and we’re in touch with Slime everyday, trying to organize new things in the future
Lola (AMA HOST): That's good to hear. How about Blueswap? How has it helped Tree Defi?
Blood Tree: And that’s how partnerships should be in our opinion. In Defi, partnerships generally last one day before they fade away and only consist of a crossed pool or something along those lines. We're trying to do more with them
Blue have been nice to us, they've just sent us a proposal a few days ago where they would like to include us into one of their new features
Lola (AMA HOST): Great
Blood Tree: And I like their graphics in general haha
We've also launched a partnership with Soteria Finance, which now offers insurance cover for our project
Lola (AMA HOST): a Graphic Person. 😅
Blood Tree: Yes, I'm very picky with that stuff haha
Lola (AMA HOST): Good.
Blood Tree: And yeah in general more partnerships are coming. And we're in talks with other players that we think will re-shape Defi along with us in the next year
Q6. Can you tell us Tree Huggers Reward Program?
Blood Tree: Yes, I love the tree huggers program
It’s a program where we reward the most active and helpful members of our community with TREE to put it simply. Each week we will start a poll with the 10 most active members of the week. 3 members will be picked by the community and 2 members will be picked by admins. They will receive 1 TREE each, a Tree Hugger name tag and will be included in our TreeHouse telegram group, where we work with our most helpful members on community management, marketing and development of new features
At the end of the month there will be a huge giveaway for Tree Huggers where 3 random members will receive:
5 TREE + 5 SEED
3 TREE + 3 SEED
2 TREE + 2 SEED
It's a good way to keep our best members close to us
Lola (AMA HOST): Yes you're right.
Q7. What Future Development and Plannings do you have?
Blood Tree: Right now we are working hard on deploying our TreeDefi Games, which will include: Green Wheel, Lottery and King of the Forest. We’re trying really hard to launch them this week but they require a lot of testing to avoid any bugs both in the contract and frontend
We’re also working on our new version of the frontend, which will be built fully from scratch and separate from the Pancake interface. And we hope that will make our presentation even cleaner and more appealing to investors. We’re also working on more tree donations, and new NPOs that we could partner with to donate in more creative ways
Lola (AMA HOST): Great. And that takes me to next question
Q8. Can you tell us about the three donations that's going on in Tree Defi?
Blood Tree: Of course, tree donations are our bread and butter. We’ve started the project with the goal of planting as many trees as possible. We thought this would be a good way to give Defi a real world application that is usually missing from these projects.
As of now we’ve planted over $7000 worth of trees during the first month of the project, and we’re gonna keep donating more and more every week moving forward. The way it works is that we currently use ⅓ of deposit fees to plant real trees around the world. In the future we’ll find new ways to improve this system and donate more
We’re thinking of a way of letting users donate individually through us if they wanna represent TreeDefi. We’re also thinking of doing fundraisers for other types of good causes in the future, and different ways to include NPOs into the world of Defi. We think it’s often overlooked and just something that we and the community love to do!
Lola (AMA HOST): I'm liking your done with tree symbol. Haha
Blood Tree: Yes I need to keep my text alignment consistent haha
Lola (AMA HOST): 👍😊
Q9. Can you tell the Community about the Seed in Tree Defi
Blood Tree: Absolutely, SEED is basically the main engine running our Yield Farms
It is a token that is uncapped but deflationary in nature. The starting emission rate is 0.15 SEED per BSC Block, and it deflates by 2% each week. Currently it has already lowered to 0.144
This means that eventually our token output will start slowing down and SEED supply will become more and more scarce. And this is without taking into account the burning mechanisms that we will implement shortly through games, and the occasional celebratory manual burn. SEED is used for most of our farms and it is therefore our main reward for users on the platform. TREE on the other hand is our capped token with a supply of only 16001 TREE. So it's the rare token of our platform.
And TREE is also used for Governance
Lola (AMA HOST): Okay.
Why this emoji? 😉
Let's promote Tree Defi 😊
Blood Tree: haha I love that one, it confuses people
Lola (AMA HOST): Haha. Okay. No problem
Q10. Share with us all the links about Tree Defi, so that readers can find out more and also follow the development of the project.
Blood Tree: Here are all of our important links:
If you wanna get in touch with us directly the best way is through Telegram, that's where we're active all day long
Lola (AMA HOST): Noted
Q11. Lastly our favourite question, do you have any alpha or juicy news for us in BSC News today?
Blood Tree: Haha, we don’t like spoiling future updates too much. But we do have our NFT system coming out very soon. We just launched a front end sneak peek today on our platform. Any curious BSC News users can go on app.treedefi.com/nftrees and check it out. The way it works is that our NFTrees are directly connected to real life trees that we planted.
Investors that purchase the NFT will get a lot of statistics about their tree, including: Name & Scientific Name, Date of Birth, Country of Origin, Place of Birth, Longitude and Latitude, Proof of planting and the CO2 removed by their tree. We’re also planning on releasing a map where users can connect with their wallet and see Their trees around the world in a clean interface.
Lola (AMA HOST): Great.
Now we've come to the end of the First round.
It was a really a nice session. Thanks @bloodtree 😊
Blood Tree: Thank you for all of the great questions, they were fun to answer! 😊
Lola (AMA HOST): Welcome Shanron
Hope you're good.
Shanron: yes I am great
Lola (AMA HOST): Good to hear that.
So shall we start?
Shanron: Yes I can't wait and I am sure the community is also ready !!
Lola (AMA HOST): Sure they are. 😊
Q1. Can you give us a general introduction of you and Dragon Ball Finance? Could you tell us your role in the project and briefly introduce Dragon Ball Finance?
Shanron: Yes of course !
Dragonball Is the first All In One DeFi platform with the coolest of all themes.
it is a protocol that allows you to have sustainable gains backed by a constant income that is generated through all DBF products.
I am the CEO and founder of the protocol,
I gather team members and advisors and hire professional coders to develop the smart contracts.
I have been in crypto since 2016, when I was shocked by blockchain technology and witnessed ICO and tokens in general 100x and then lose 99.99% of their value the day after.
I left crypto aside for a couple of years after the bubble, graduated and found a job in finance.. and then Uniswap came out..And history begun..
Lola (AMA HOST): This sounds great.
Q2. How many team members do you have working with you? And can you also tell us their roles?
Shanron: We started small with one developer, one designer and me.
We recently had the chance to hire new team members especially experienced devs that are now focusing maily on the IFO platform and NFT marketplace !
The website as well is being rebranded and redesigned to give it the look it deserves !
Lola (AMA HOST): That's great. And how has been the Journey so far?
Shanron: it has been great I gotta say
the community has backed us and we are growing daily, we also made so many progress on the development side, and once all use case will be applied I can really see this Dapp competing with top bsc projects !!
Q3. Can you tell us how Farming and staking works in Dragon Ball Finance? What's the reward Percentage?
Shanron: Farming and staking is very similar to pancake and similar platform we have created a full path tutorial to guide investors in the process, feel free to check it out here
the reward percentage is based on current price liquidity in the pool, token emission, pool multiplier and is a variable not a constant. Everyone can check it live on the top right of each farm at https://dragonballfinance.org/farms
Q4. Has your Smart Contract been audited? If he's, who audited it? And can you show us the report? As the security of the Community matters.
Shanron: Yes, we believe investors security and safety is the highest priority, that's why we audited our contracts as soon as they were out and we will keep auditing with other reputable companies as we organically grow.
here's the link:
Q5. How many Partners do you have? And what do you expect from them?
Shanron: We have several partner and advisors and are in talks with many potential future partners, but we believe that NFT marketplace and IFO launchpad have the priority as they are one of the most important products needed in the space !
Lola (AMA HOST):
That's good. And what stage do you plan to make that happen?
Shanron: IFO platform is being worked on and should be ready by next week !!
NFT marketplace is much more complicated and it will take around a month
we have another dev working on the first DBF casino game, and should be up at the beginning of te month!
that will really boost DBALL use case and price in my opinion
Q6. Can investors get in now? Or it's late to buy cheap and Hold to get rewards? And can you give out steps and details to do that?
Shanron: Yes you can buy DBALL now and stake it on the staking pool or provide liquidity for it and stake it the website to earn constant reward !!
follow the steps outlined in the tutorial for getting in early and not missing the dragonballfinance train !!
Q7. Can you share with our community the plans you and your project have for this year and the coming years?
Shanron: Dragonballfinance is here to stay,
We have built a roadmap that allow the project to create an ecosystem where the native token as multiple use cases in the protocol generating demand and scarcity for the token.
here is a list of the products we plan to implement that will directly or indireclty benefit DBALL and its holders:
Launchapad IFO (half of raised funds is used to burn DBALL)
NFT marketplace (anyone can list their NFT and anyone can buy them only with DBALL)
Super Saiyan pools (DBALL holders will be able to stake DBALL and earn BNB)
Casino platform (users can only play with DBALL, lost DBALL is burned)
Charting tool ( a tool similar to chartex or dextools where anyone can track any token and if you hold a certain amount of DBALL you unlock pro features)
Farming As A Service platform (host other protocol farms and use a % of LP deposit fee to buy back DBALL and burn it)
stable coins
vaults
lending and borrowing
expansion to other chains
much much more !!
Lola (AMA HOST): Great👍
Q8. What are the major challenges of Dragon Ball Finance and how do you intend to solve them?
Shanron: Major challenge right now is fighting inflation, we used to have too many non native farms and pools that allowed non native farmers to sell too many DBALL, so we removed most of them and added new native farms, also we plan to improve DBALL price and liquidity through layer farming , a perpetual way of high risk high reward gains that will happen weekly and will boost DBALL price and liquidity !!
Lola (AMA HOST): That's a great move.
Q9. Share with us all the links about DballFinance, so that readers can find out more and also follow the development of the project.
Shanron: 🐉Welcome to DragonBall Finance!🐉
🔮What is DragonBallFinance?
DragonBallFinance is the first fully decentralized self sustaining all in one defi platform on the Binance Smart Chain network that brings the dragonball theme in the current boring foody name defi world.
DragonBallFinance will implement several products and mechanics that ensure the sustainability of the project even in the long term perspective.
🈚️Tokenomics
🐉DragonBall Token($DBALL)
👨🍳Masterchef:
✅Initial Supply: 410,000 $DBALL
✅Liquidity raised with SaltSwap Launchpad
✅IDO price 1 BNB = 500 $DBALL
✅IDO allocation 25,000/250,000 $DBALL
✅soft cap/hard cap 50/500 BNB
✅Listing price 1 BNB = 400 $DBALL
✅partnerships, marketing and contests funds 15,200 $DBALL (all locked for the first 2 weeks, community will decide how to use them)
(All unsold tokens will be burned)
‼️DBALL IDO will be on Monday the 5th and it will be hosted by SaltSwap IDO Launchpad‼️
Senzu Token ($SENZU)
Senzu token will be the token used to reward layered farming investors.
❗️7% stacking fee will be applied and used for:
✳️40 % to buy back DBALL and burn it
✳️40% buy back SENZU and burn it
✳️20% allocated to further platform developments
💸 Liquidity Locked Forever
💸 LP Tokens Burnt
🔮 Future Goals:
🕔 NFTs and marketplace
🕔 Lotteries
🕔 Games
🕔 IDO platform
🕔Charting tool
🕔Lots more !!
🔮 Key Information:
🐲DragonBallFinance buy back an burning features: 🐲
✳️3% deposit fee will be charged at staking.
✳️2% withdrawal fee will be charged when unstaking.
Fees breakdown
✳️50% will be used for weekly burns
✳️50% for the project's products funds.
✳️5% of minted tokens for emergency and development funds
🌐 Website - https://www.dragonballfinance.org/
🐉 Official Telegram Channel - https://t.me/dragonballfinance_org
🔥 Announcements - https://t.me/dragonballnews_org
💰 Price chat - TBA
⌨️ Discord - TBA
☀️ Twitter
📶 Medium
💻 Github
🕵️ Audit
Q10. Lastly our favourite question, do you have any alpha or juicy news for us in BSC News today?
Shanron: Yes as I previously mentioned we have three major news this week !!
1) we will be launching layer2 with SENZU2 and renewed mechanics allowing this layer to be more stable and providig higher liquidity to native pairs !
2) Super Saiyan pools a pool where DBALL holders can stake their DBALL and receive BNB in exchange !!
3) IFO platform will be ready by next week and we will launch the first DBF Initial Farming Offering !!
Lola (AMA HOST):
We look forward to the three Great News.
Now we are done with the First session.
Thanks for your time. Twas a really a nice time with you Shanron
The DeFi space is growing tremendously since its inception, and platforms like Fusion and Fantom are proving to be the catalyst in this ever-growing niche.
Decentralized finance or DeFi, for short, has emerged over the last year, building significant momentum over the year as the Total Volume Locked in the sector has surpassed over $35 billion in comparison to $1 billion in February last year.
Newer platforms like Fusion and Fantom are evolving the DeFi sector with interoperable and scalable solutions such as liquid staking, cross-chain swapping, and more. Fusion’s DCRM technology and the Fantom foundation’s DAG-based smart contract platform are expected to grow the Defi sector tremendously.
Both the networks aim to allow users to execute sophisticated financial functions while solving the scalability and interoperability issues of existing blockchain solutions, making way for the Internet’s new age.
Founded in late 2017, the Fusion project proposed establishing a platform-level public chain where the tokens’ private keys on multiple blockchains can be securely moderated in a distributed fashion using its proprietary DCRM solution.
At the core of the Fusion project’s design is a distributed control rights management system (DCRM), smart contracts creation, and hierarchical hybrid consensus mechanisms (HHCM). The project’s strategy is meant to catalyze the emergence of the Internet of Values.
The Fusion project implements HHCM to ensure unpredictable randomness of book-keeping nodes, hence bolstering the system’s security and functionality.
The HHCM enables the following for the Fusion project.
The Distributed Control Rights Management protocol at the heart of Fusion transfers digital assets control to the network’s decentralized nodes management. The distributed generation and storage of private keys on the Fusion network control the access of private keys. Hence no single node on the network can gain control of the digital assets.
Fusion also utilizes crypto-asset mapping. Crypto-asset mapping actively generates tokens used for bookkeeping on the network for controlled objects. Therefore, tokens on the network can freely interact with mapped assets. Moreover, Fusion has also implemented distributed control with its Lock-in and Lock-out mechanism.
With the lock-in and lock-out process, users can simply validate asset ownership by generating a private key with the distributed sharding algorithm found in the DCRM. Users transfer the control of their assets to the DCRM through a centralized management framework. After the transference of authority is completed, a smart contract will update the user’s account on Fusion.
The Fusion foundation was introduced by DJ Qian, the CEO of a popular blockchain incubator, BitSE. BitSE was nominated as the top fintech startup globally and awarded with the year's most powerful blockchain infrastructure. BitSE has also led to the establishment of VeChain and QTUM.
Most of Fusion’s success can be attributed to its technology and the open-source community behind it. The developer community has actively improved the platform’s protocols and features. Fusion has a group of honest developers called the FOSC. The group comprises some of the best open-source developers, translators, designers, and more.
The DCRM has several use-cases for storing cryptocurrencies. By combining DCRM with the ability to validate asset ownership, Fusion inherits a diverse set of use-cases.
Based on Fusion DCRM technology, Anyswap is a unique, completely decentralized, cross-chain swap protocol that provides users with automated pricing and a sophisticated liquidity system. The Anyswap decentralized application is compatible with notable blockchains such as Fusion, Binance Smart Cain, Ethereum, and Fantom, making it the first true cross-chain DEX.
Anyswap acts like a decentralized cross-chain bridge. Users can deposit any coins into the protocol and mint-wrapped tokens in a decentralized ecosystem. Users can also instantly swap from one coin to another without any risks to anonymity or privacy. Additionally, Anyswap also offers a liquidity provider that adds and withdraws liquidity into swap pairs on the application.
Furthermore, Anyswap exchanges different pairs on each of its supported blockchains. The newer version of Anyswap will offer direct pairings in addition to pairings with base coins of Fusion, Ethereum, Fantom, Huobi Eco Chain, or Binance Smart Chain.
Note that Anyswap users have to pay the gas fee for the respective blockchains they deal with. Also, users have to pay 0.4% of the sum they transfer, where 0.3% is assigned to liquidity providers, and 0.1% goes to Anyswap.
Based on Fusion’s DCRM technology, Chainge offers instant coded financial services that span multiple blockchains such as Ethereum and Binance Smart Chain. With zero investment required, users can freely leverage power-coded finance services by using the free tokens provided to them for joining the early adopter’s waiting lists. No upfront investment is required to leverage the power of coded financial services as users can utilize free tokens provided for joining an early-adopters waiting list.
Interestingly, users can seamlessly access services like margin trading, loan acquisitions and easily trigger digital financial instruments' liquidation. Additionally, users can access a myriad of wealth management features like self-customized crowdfunding or value distribution formulas through Chainge’s sophisticated yet user-friendly interface.
Users can also provide financial services as a coded bank by providing loans, escrow and protect their friend’s account’s security with multi-sig services. Chainge simply banks the unbanked and allows users to build their own digital bank.
It should be noted that Chainge is invite-only at the moment based on POIP, but you shouldn’t worry because you can click on this link and use my referral in order to get some Chainge tokens, (thank you).
Fusion’s technology is easily one of the most sophisticated systems existing in the cryptocurrency market. The FSN token is an excellent investment based on its use-cases, its solution to interoperability, scalability, and usability. By investing in FSN, you are investing in its adoption.
Although the token is ranked at 430 by Market Capitalization, the token has gone up in value at the time of writing, priced at $0.75. Fusion token accumulates a market cap of over $36.8 million with a trading volume of almost $16.5 million.
Moreover, the token has taken a bullish run after breaking the resistance level at $0.6 after 3.5 months. It’s plausible that the token will go through price corrections. For a project of this level and activity, the price is considerably low. However, paired with the ideal tools, you can make this investment the right decision.
https://coinmarketcap.com/currencies/fusion/
Fantom strives to stand out from the conventional block ledger-based storage infrastructure by employing a sophisticated DAG-based protocol called the Lachesis Protocol.
The Lachesis protocol operates on the Fantom Opera chain. It intends to enable applications built on top of the blockchain to experience instant transactions and negligible transaction costs for users across the board. The Lachesis protocol allows Fantom’s mission to deliver an interoperable and scalable solution to the world.
Fantom has proven to achieve a transaction time of under two seconds. Moreover, Fantom can process thousands of transactions per second to scale to hundreds of nodes on the network.
Fantom delivers the first DeFi stack built on top of an aBFT consensus mechanism, making it the fastest, cheapest, most reliable, and most secure platform in the ecosystem. Users can use their FTM to mint fUSD and access DeFi tools, use their fUSD to trade synthetic assets, or lend it to earn interest and borrow synthetic tokens. Let us discuss some of the core features of the Fantom ecosystem.
fUSD is a stablecoin on the Fantom network that serves as the gateway to Fantom’s Defi Platform. Users on the Fantom network can easily mint fUSD by locking up their FTM. Moreover, fMint also allows users to use fUSD as collateral to mint synthetic assets.
Users can instantly buy synthetic assets from the ease of their Fantom wallets. Users can use their FTM or fUSD to trade over 170 different assets and tokens, including fBTC, fETH, and other notable assets.
Users can seamlessly lend FTM and fUSD to the liquidity pool and earn passive interest on their capital. Moreover, users can use fUSD to lend synthetic assets and trade on fSwap from their Fantom wallets’ ease.
The Lachesis Protocol at the core of Fantom is an aBFT consensus algorithm proposed by the Fantom team. The aBFT consensus algorithm enables the following features:
The Lachesis Protocol essentially stores a Local Acyclic Directed Graph that comprises event blocks, each composed of transactions on the network. The DAG then monitors the happen-before relation between transactions and computes the exact final order of independent transactions on each node.
Additionally, The Lachesis Protocol dramatically saves time by making validators on the network periodically exchange the monitored transaction and events with nodes. Interestingly, Fantom also employs the proof of stake consensus protocol to secure the network from potential Sybil attacks with a minimum requirement of 3,175,000 FTM from validators.
Founded in 2018, Fantom operated from Seoul, South Korea, as a blockchain developer team striving to develop a new consensus algorithm. The Fantom Foundation team, led by their CEO, Michael Kong, comprises engineers, scientists, researchers, designers, and entrepreneurs.
With the emergence of various viruses and illnesses worldwide, Fantom has been expanding as a smart medicine solution to showcase Fantom Technology and Blockchain technology's numerous use-cases.
Fantom has a surpassed $385 million market cap with a trading volume of $65.6 million, priced at $0.15 per FTM at the time of writing. Considering the numerous use-cases Fantom has to offer and the features it is built on, Fantom is undoubtedly a fantastic investment. It provides speed, security, and ample room for growth. Moreover, the coin is ranked in the top 100 coins, therefore making Fantom an excellent investment.
https://coinmarketcap.com/currencies/fantom
The DeFi space is growing tremendously since its inception, and platforms like Fusion and Fantom are proving to be the catalyst in this ever-growing niche. As we have discussed, these platforms are more oriented towards solving core problems, namely scalability, and interoperability.
With these scalable, efficient, and interoperable platforms, the DeFi sector could achieve mass adoption and remove some of the core bottlenecks. The price and every growing upward trend indicate that the audience is showing significant interest in encouraging growth and adoption.
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Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
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