Thread by @dextfprotocol

💡 JUST IN!: Added 11 new underlying tokens to build XTFs! (total 62)

$2KEY, $XSGD, $OCEAN, $DIA, $KEEP, $CRO, $iETH, $iBTC, $cWBTC, $cETH, $cDAI

A thread on what these assets are about. 👇
You can now build long/short funds, with cTokens against $XSGD! (1/13)

@2keyNetwork is a 2nd layer protocol on Ethereum which uses smart contracts to create an organically incentivised referral network. Among numerous other uses, the $2KEY token is distributed as a reward against a successful conversion. (2/13)

$XSGD is a 100% collateralized Singapore Dollar stablecoin issued by @xfers with the support of a rich ecosystem, of which @dextfprotocol is proudly a member: finance.yahoo.com/news/xfers-ann… (3/13)

$OCEAN is the utility token used in the Ocean Market (@oceanprotocol) for staking, governance and to trade data. With the release of v.3, you can create data tokens and data pools on @BalancerLabs to earn rewards using a tweaked standard (ERC-1167) to save on gas costs. (4/13)

$DIA is a decentralized oracle platform by @DIAdata_org which incentivises the community to source and verify data points improving accuracy versus CeDe oracle solutions. (5/13)

$KEEP is a privacy layer for blockchains (@keep_project) which permits participants to store data privately. The token is used for staking by random network participants (signers) who store private data (keeps) in exchange for a service fee. $tBTC buff.ly/38DNIZb (6/13)

$CRO is a utility token that allows users to enjoy trading discounts on @cryptocom exchange, access/upgrade card tiers with increasing benefits, unlock preferential rates for the “Crypto Earn and Crypto Credit” offerings. (7/13)

$iETH is the Synthetic Inverse Ether minted through @synthetix_io. Its value changes inversely relative to the price of ETH. It has an entry price and an upper and lower limit. More info here: buff.ly/2IyOyeS. (8/13)

$iBTC is the Synthetic Inverse Bitcoin minted through @synthetix_io. Its value changes inversely against the price of BTC. More info:

https://twitter.com/synthetix_io/status/1324640635568058369?s=20

(9/13)

@compoundfinance cTokens are interest bearing tokens minted via Compound Protocol. They hold value by strengthening the exchange rate (wallet balance does not change). You can build XTF funds using yield generating tokens now! Get creative with $cwBTC, $cETH and $cDAI! (10/13)

Great article here by @defipulse on what is $cDAI: defipulse.com/blog/what-is-c… (11/13)

To view all the 61 supported tokens: docs.dextf.com/documentation/……. Bundle assets and mint creative new XTF token funds via dapp.dextf.com
Video tutorials: docs.dextf.com/documentation/… (12/13)

And of course, Happy Diwali to our growing Indian community! 🪔 (13/13)