2/ By using the @MultiversX <> @BNBCHAIN bridge and the others that will follow, one can access the ecosystem of #dApps & projects from the other #blockchain to interact with them and benefit from its advantages.
Increasing and diversifying the number of projects ...👇
3/ ...from both #blockchains is a mutual benefit and a step towards general adoption.
Other advantages like access to liquidity and diversified assets such as $USDT, $BUSD & $USDT are also important to mention.
Called "DX25", this advanced single-sided liquidity #DEX aims to solve the problem of #AMM / #CLMM liquidity provisioning, trade derivatives in a decentralised manner and enable cross-chain transfers.
3/ DX25 uses the CLMM (Concentrated Liquidity Market Maker) model, meaning it allows its Liquidity Providers to save their funds from impermanent losses by distributing liquidity across the range/s in which it operates and brings commissions from transactions.
esdt.io is a website containing four main learning topics: Htokens, Liquid staking, HatomUSD & Syntetic Tokens
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2/ On the Htokens page, one can learn about the principle of the Htokens, how #Lend2Mint works, the Collateralize to Borrow process & Redeem to Withdraw.
The Liquid staking page contains an example and utilities of the process, how to mint sEGLD by delegating $EGLD ...
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3/ ...how to unstake and redeem $sEGLD and how to Leverage Liquid Staking using $xEGLD.
On the HatomUSD page, we have its definition with an example and utility, follow by how to mint $USH and how Repay to burn works for $USH.
1/ The second week of March is over and despite the current situation with $USDC and #SVB, the @MultiversX space is vibrant and has a great vibe after The Bucharest Hackathon 🔥🛠️