Dear community users:
Zhenbi has launched OXY/USDT, MAPS/USDT, and RAY/USDT aggregate trading pairs.
Since OXY, MAPS and RAY are aggregate trading currency pairs, charging and withdrawing coins are not available for the time being. The opening time of charging and withdrawing coins will be further announced in an announcement.(For more details on the converged exchange currency rules at the end of the article)
About the foxy (Oxygen)
The Oxygen protocol addresses the needs of Defi users by building a primary provider service, which is primarily structured as a pool of assets, through a permission-free, low-cost communication, and extensible primary provider service agreement.Oxygen democratizes lending and makes money more efficient for all users.
The white paper:
White paper on https://www.oxygen.org/Oxygen%20. PDF
On MAPS (MAPS. Me)
As a travel companion for users, MAPS.ME 2.0 is supported by SERUM and runs on the scalable, efficient and high-speed Solana chain. As a result, it is not only a mobile APP, but also the first application to be launched by SERUM ecology, aiming to create a platform for hundreds of millions or even billions of people around the world, including users and enterprises.A platform that offers unlimited financial opportunities.At the same time, maps.me and its 140 million existing users will help accelerate Defi's global adoption, which is a once-in-a-lifetime opportunity.The MAPS token is a key design to drive this effort. Its holders will receive a MAPS loyalty incentive program and associated discounts, as well as a vote in governance over everything from the direction of the MAPS app ecosystem.
About RAY (Raydium)
Raydium, an automated market maker (AMM) built on the Solana blockchain, leverage Serum (DEX) 's central order book to achieve lightning-fast trading, shared liquidity and new capabilities to generate revenue and return.
About the converged exchange coin pair
As for the coins purchased/sold by users in Zhenbi, the aggregated trading system will hedge the purchase/sale of the same amount in other exchanges, so the assets purchased by users are still the real assets with sufficient reserves, and users can trade at rest.
Aggregated transaction is a very mature transaction mode in the industry. The purpose of Zhenbi's launch of Aggregated Transaction is to quickly meet users' demand for trading new hot assets.
Zhenbi's aggregated trading system uses local matching of external hedges, so the latency and experience are exactly the same as for local trading pairs.
Zhenbi will evaluate the number of users holding coins in the corresponding currency.Aggregate transactions with a large number of currency holders will consider docking supporting wallets after passing the review, so as to meet the demand of currency holders.
Digital assets are innovative investment products with large price fluctuations. Please judge your investment ability rationally and make investment decisions prudently.
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Zhenbi operation team
March 16, 2021