How does the DeFi boom take into account investment safety? AAX selects the DeFi zone to escort investors

Since the popularity of Compound, the DeFi craze has continued to impact the changes in the entire market. According to DeBank statistics, as of September 2, the total lock-up volume of DeFi exceeded 12.3 billion US dollars, an increase of more than 1600% during the year; the total market value of DeFi projects also ushered in an explosion , increased from US$1.5 billion at the beginning of the year to US$17.3 billion, an increase of more than 1000%. The entire market is still in an incremental upward spiral, and DeFi seems to be about to open a new era in the encryption world.

However, there are various signs that DeFi, which seems to have detonated the market, is more inclined to be a game between geeks and giant whales, and the vast majority of investors have not really participated in it. For ordinary users, participating in DeFi investment has a high entry threshold, not only to learn a variety of mining rules, but also to bear slippage losses and high gas fees. In addition, many DEX platforms are flooded with counterfeit coins. Some investors have bluntly stated that they have lost millions due to charging wrong coins.

Data: The total lock-up volume of DeFi protocols on Ethereum is 61.45 billion US dollars: According to OKLink data, as of 16:00 today, the total lock-up volume of DeFi protocols on Ethereum is about 61.45 billion US dollars, a month-on-month increase of 4.45%.

The top three DeFi protocols with the largest increase in lockup volume in the past 24 hours are 1inch (+28.17%), Kyber (+27.69%), and Hegic (+15.07%).

Currently, the top three DeFi protocols with locked positions are WBTC with USD 7.97 billion (+4.31%), Maker with USD 7.13 billion (+3.1%), and Compound with USD 6.66 billion (+2.45%). [2021/3/18 18:56:59]

Under the influence of the wealth effect, more and more funds are pouring in. As far as funds are concerned, how to enter with a low threshold and maximize utilization during the market frenzy period is the most realistic problem at present.

Data: The total lock-up volume of DeFi protocols on Ethereum has exceeded 50 billion US dollars: According to OKLink data, as of 15:00 today, the total lock-up volume of DeFi protocols on Ethereum is about 50.268 billion US dollars, and the lock-up volume has exceeded $50 billion.

Among them, the top three protocols with locked positions are Maker with USD 6.242 billion, Compound with USD 4.446 billion and Curve with USD 4.224 billion. [2021/2/9 19:19:32]

The entry of centralized exchanges such as AAX has become an important link linking the mainstream market and the DeFi ecosystem.

The current DeFi boom has spawned many popular projects, but there are still no mobile DeFi products that are in line with user habits. For most investors who are rejected by DeFi, centralized exchanges like AAX are undoubtedly The most convenient entrance.

The ecological product EFG of the ECOC DEFI plate passed the security inspection of the CERTIK institution: According to official news, the ECOC ecological lending DAPP EFG adopts the basic theory of behavioral finance and the financial model of lending and hedging, and developed a new type of DEFI product. This product is expected to be released in December. On the 7th, it officially started operations for the community. At the same time, this product integrates the oracle system officially developed by ECOC, and it is also the first time that ECOC officially integrates the oracle system into DAPP. [2020/11/25 22:03:32]

AAX is an institutional-level cryptocurrency exchange supported by LSEG Technology. It always pays attention to and analyzes projects in the decentralized financial industry, and selects the most potential projects as new currency listing projects every month. In addition to mainstream projects such as Ethereum (ETH), Kyber Network (KNC) and ChainLink (LINK), recently AAX has also listed popular high-quality DeFi assets such as Compound (CMOP), Bancor (BNT), Aave (LEND), and Cardano (ADA).

MXC Matcha MX DeFi smart pool launched the 8th phase of new currency mining SAND (Sandbox): According to the official announcement, MXC Matcha MX DeFi smart pool launched the 8th phase of new currency mining product SAND (Sandbox). From October 19th to October 24th, pledge USDT, BTC, and ETH to mine SAND, and there is no upper limit for the subscription amount of a single pledge pool.

MX DeFi is a liquid machine gun pool mining product that obtains the income of the new currency head mine in proportion by staking MX, USDT, ETH or other designated tokens. MX DeFi supports impermanent loss compensation system to protect users' principal from impermanent loss. Users can log in to the homepage of the MXC official website or the middle of the homepage of the mobile terminal, and click "MX DeFi\" to participate in staking mining. [2020/10/19]

AAX greatly simplifies the operation process for ordinary investors to participate in DeFi mining. Users do not need to learn the complex operations of the DeFi ecosystem, which reduces the cost of participation. Even novice users can easily participate in DeFi investment.

At its core, DeFi is about giving users control over their assets, thereby unlocking new value. Therefore, AAX saw the right time and launched a number of DeFi asset contracts including LINK and COMP to meet the diversified needs of investors, and cooperate with AAX to provide diversified trading tools and risk hedging products, so that investors can reduce their funds. risk while achieving greater returns.

Due to the high threshold for DeFi mining, many projects are facing the problems of insufficient user volume and insufficient asset liquidity. DeFi needs reform and flow, and centralized exchanges also need innovation and development. The entry of centralized exchanges such as AAX , can just become an important link linking the mainstream market and the DeFi ecology.

AAX has a good experience, huge user traffic, strong strength and credit endorsement. As a transportation hub linking the DeFi world and the CeFi world, AAX helps users enter the DeFi world, brings continuous vitality to the DeFi ecology, and expands the transaction scale. Moving towards the mainstream market is exactly the way to break the circle that DeFi development urgently needs. For AAX, it is also an opportunity to overtake on a corner and break through the track.

Strictly select DeFi assets to provide investors with a safe trading place

Today, DeFi has become a strategic place for exchanges. Some exchanges have set up special pages such as DeFi areas and DeFi observation areas, and a large number of DeFi assets have been launched in a short period of time. Facing the frenzy of the market, some insiders pointed out that exchanges There are certain risks behind the crazy listing of coins. In order to seize the hot flow, some exchanges have relaxed the review, side-by-side review, and adopted methods such as limited trading to "protect investors", which is actually a lack of confidence in the listed assets.

Compared with other exchanges, AAX has a small number of DeFi assets. The reason is not that AAX has no plans for in-depth deployment, but that AAX insists on the mission of being responsible to investors, as well as its prudent and strict listing review and withdrawal mechanism . Compared with quantity, the AAX platform pursues the quality of assets.

AAX is committed to providing a sound trading environment. Before listing assets, the AAX team will conduct comprehensive due diligence on the quality and legality of tokens, and conduct continuous monitoring. AAX will also go through the refund review process to remove assets that fail to meet the standards for tokens that are at risk of being controlled by giant whales, so as to avoid infringement of investors' rights and interests.

At the same time, AAX also provides contract trading pairs that select DeFi currencies. On the one hand, it provides investors with hedging tools; market opportunities.

The rapid growth of the DeFi industry in 2020 has become the main tone of this round of bull market. We expect AAX to continue to mine high-quality DeFi assets, accelerate the integration of decentralized finance and mainstream markets, and allow more people to enjoy the dividends of the DeFi era .

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