Bonded.Finance (BOND) Token Is Now Listed on Bitcoin.com Exchange – Press release Bitcoin News
You may have heard about Bitcoin.com, one of the largest bitcoin news websites in the world. At the time of writing they have over 250,000 visitors each month. Another cryptocurrency exchange, Bitcoin.com Exchange, has recently listed Bonded.Finance (BOND) as a new token for trading. Bitcoin.com Exchange is a low fee, fully compliant and licensed cryptocurrency exchange.
Today, the BOND token is listed on the Bitcoin.com exchange. This is a first for the BOND project and our company. BOND is a blockchain-based decentralized insurance platform that will allow anyone in the world to buy and sell insurance. The BOND token will be the fuel for the BOND platform and will be used to process claims, pay insurance commissions, and provide a secondary market for the BOND token.
BOND is the world’s first intelligent decentralized app that enables people to buy and sell assets on the blockchain. BOND is a transparent, democratizing marketplace for the exchange of real-world assets that value can be proven and verified instantly. The BOND Marketplace enables users to buy and sell real-world assets like real-estate, art and collectibles, sports cars, and much more.
Press release PRESS RELEASE. Bitcoin.com Exchange is pleased to announce that the listing of BOND, which took place on June 2, 2021 at 12:00 UTC, will be available for trading. BOND was created by the Bonded.Finance team to generate value within their platform. BOND will be trading BTC and USDT pairs. What is Bonded.Finance? With nearly 7,000 assets tracked and about 700 exchanges for cryptocurrencies, it would be an understatement to say that liquidity is fragmented and early stage projects as tradable assets make token holders cranky. Even the meteoric rise of DeFi has done little to change the game, as borrowing/lending protocols and true token earning potential are only realized by a few crypto-currencies. Bonded Finance sees this as a great opportunity. As cryptocurrencies have become an asset class, dozens of well-capitalized projects with solid volumes and prices have emerged. Bonded has identified approximately fifty billion dollars of untapped liquidity in this currently undervalued altcoin market and has set out to aggregate these tokens to offer DeFi protocols using its intelligent algorithmic tools. Bonded aims to bridge the gap between existing and emerging altcoin projects to not only offer traditional and DeFi services, but also create a network of shared value. What is a BOND token? The bond token is inherent in the network and is the only medium of exchange and the only value driver. Network commissions, liquidations, earned interest, provider commissions and network incentives are all compensated to bondholders and liquidity providers. This is due to the decentralized and distrustful basis of Bonded, where benefits are largely dependent on real income. It is an end-to-end solution for borrowing, lending, indexing and reallocating capital, and all revenue generated goes through the token as the sole incentive. Future applications include loan insurance, early access to stable bond tokens and, ultimately, full management. And innovation. Starting in June, suppliers of crowded cash can receive IDO tokens through the Crowded Stack Rewards Program. These startups want to strengthen their go-to-market strategies by gaining attention from the bond community, having the ability to open credit markets, having their token represented in a basket of altcoins, and ultimately gaining revenue and stability in the open market. As Bonded evolves, new assets will be available for borrowing and lending, as well as new products including index tokens, synthetic assets and the launch of bToken, Bonded’s hybrid algorithmic stablecoin. Strong support Danish Chaudhry, CEO of the Bitcoin.com exchange, shared his views on Bonded.Finance and their respective token BOND : The Bonded.Finance team are great people and with their experience they have developed a wonderful network architecture with lots of incentives that is still in its infancy. Many projects aim to solve problems and gain market share in the lending ecosystem, but they don’t address them the way the Bonded.Finance team does. I think they will pave the way for smart algorithmic tools and decentralized financial products for digital assets. Chaudhry continued: We are very excited to see how Bonded.Finance will continue to develop its vision for the future of the DeFi and expand its involvement with our remarkable exchange community. DeFi products are only as good as their network. Android may have a better operating system, but that hasn’t slowed down the sales of iPhones. It will be no different with cryptocurrencies, but everyone now has the opportunity to compete for position in hopes of not only attracting users, but retaining them, and there is great value in that. For us, it starts with bringing these long-standing communities together, by giving them a chance to win and a reason to stay. Outside of the network, we need to increase awareness, visibility and the ability to purchase a bond token. Bitcoin.com is an established name and a boutique exchange that we believe will attract new users, and we are excited to partner with them, said Paul Mack, CEO of Bonded. About Bitcoin.com The mission of the Bitcoin.com exchange is to enable people around the world to trade cryptocurrencies with ease and confidence – from beginners to advanced trading professionals. With high liquidity, 24/7 multilingual support and dozens of trading pairs, complemented by a high level of security, it offers an attractive platform for trading any cryptocurrency. In the year since its launch, the exchange has averaged over 500,000 active traders per month, and that number is still growing as you read this sentence. About Bonded.Finance The Bonded platform was created to develop and deploy experimental, high-yield, smart contract-based financial instruments that push the boundaries of open finance. Bonded is an algorithmic model that focuses on unlocking ~$50 billion of dormant value spread across unused digital assets, aggregating them and removing the risk to enable suitable altcoin project funders to leverage these assets and realize their value. This is a press release. Readers should exercise their own due diligence before taking any action with respect to the advertised company or any of its affiliates or services. Bitcoin.com shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services mentioned in the press release. Photo credit: Shutterstock, Pixabay, Wiki CommonsBitcoin.com is proud to announce the addition of the BOND token cryptocurrency to the award-winning Bitcoin.com exchange, a trusted cryptocurrency exchange for both Bitcoin and Ethereum.. Read more about uniswap bonded finance and let us know what you think.