YFX COM Bi-Weekly Update July 31st–August 15th

YFX COM Bi-Weekly Update July 31st–August 15th


Highlights:
1. The latest series of YFX.COM's official YouTube channel, "Entering YFX.COM's DeFi Derivatives World", aiming to let more friends understand and learn to use YFX.COM in all aspects, has been published. 
2. In order to make sure that more friends can have a quick overview of YFX.COM's fund pool income in each public chain, we have released a daily fund pool APY income list for every member of the global community. Join the YFX.COM global community for more information!
3. YFX.COM has supported the new version of OKEx Wallet plug-in wallet, helping more friends to start the journey of DeFi derivatives contracts.
4. To make our partners in the global community to have a more comprehensive understanding of YFX.COM's product trends, the "YFX Product AMA" at 14:00(UTC) every Friday continues. Welcome to join and ask your most concerned questions .
5. YFX.COM & Heco special benefits: Deposit 500U and Get 200U For Free+ Single Current Financial Management.
6. YFX.COM ambassador R.L participated in a special interview with the community Crypto-Blaster and simultaneously conducted an online live broadcast.

Data: 

1. YFX.COM's trading volume exceeded $103 million from July 31st to August 15th, which has decreased 3% compared to July 15th to July 30th. The number of transaction addresses was 3,759. The QIC-AMM mechanism of  YFX.COM created a high liquidity, low slippage perpetual contract trading environment for users and provided a safe trading experience. We believe that YFX.COM will become the best choice for many derivatives trading users.



2.  The top three trading pairs of  YFX.COM trading volume are Heco: BTC_USDT (YFX-settled); BSC: BTC_USDT (USDT-settled), ETH_USDT (USDT-settled).

3. YFX Token distribution



Project Progress
1. The latest series of YFX.COM's official YouTube channel, "Entering YFX.COM's DeFi Derivatives World" has been published.
YFX DEX 5 Chain Cross Chain Interoperable Trading with Lowest Fees in Crypto
What separates YFX DEX from other cryptocurrency AMMs and decentralized exchanges?
What is YFX’s QIC-AMM? How does this help traders on decentralized exchanges? Trading tutorial
$YFX Token Burn and YFX Open Source GitHub Update
YFX pool APY Update, YFX VP of Product AMA Every Friday, YFX News Portal

2. The cross-chain decentralized perpetual contract trading platform YFX.COM Layer2 (xDai) "0 Gas transaction" event is ongoing, and ultra-detailed tutorials have been launched to help you quickly conduct 0 Gas on-chain contract transactions.


3. YFX.COM & Heco special benefits: Deposit 500U and Get 200U For Free+ Single Current Financial Management.



4. To make our partners in the global community to have a more comprehensive understanding of YFX.COM's product trends, the "YFX Product AMA" at 14:00(UTC) every Friday continues. Welcome to join and ask your most concerned questions .



5. In order to let more friends have a quick overview of YFX.COM's fund pool income in each public chain, we have released a daily fund pool APY income list for every member of the global community. Join the YFX.COM global community for more information!



6. YFX Partnerships / Marketing
● YFX.COM's global high-quality community is continuing to expand. This time we took a visit to the official Crypto-Blaster community and conducted a wonderful online AMA with 30,000+ members.



● YFX.COM launched CoinMarketCap(CMC) and  Coingecko.







● From July 31st to August 13th, YFX.COM global brand ambassador held a lot of AMAs in major communities. YFX.COM's global community construction has grown significantly. We hope to let more community partners understand the design concept of YFX.COM's decentralized derivatives, recent development plans and YFX.COM's latest actions.



● YFX token now can be traded on Sushiswap, Mdex, MXC, BitZ, COINBENE, Gate, BiKi, BigONE and Hoo.



7. Platform events:
Ended:
● YFX.COM Double Chain(Heco&Tron) Perpetual Swaps Trading Competition+ LP Mining
Period: 03/06/21 12:00(UTC)- 24/06/21 12:00(UTC)

● YFX.COM & xDai Layer2: Deposit on ETH(xDai) to Get Bonus + Perpetual Contract Trading Competition to share 60,000 YFX Tokens
Period: 01/07/21 -22/07/21 
Tutorial:Detailed Tutorial on Using YFX Layer 2(xDai Network) Through MetaMask

● YFX.COM & Heco special benefits: Deposit 500U and Get 200U For Free+ Single Current Financial Management.
Period: 14/07/21 12:00(UTC) - 30/07/21 12:00(UTC)

● YFX.COM Perpetual Contract V1.0 is Open SourcedBug Bounty Coming
Period: 08/06/21 12:00(UTC)-08/08/21 12:00(UTC)

8. YFX Community:
The number of YFX.COM official Twitter is 31,028;
The number of YFX.COM telegram community is 31,083;
The total number of YFX.COM Chinese community has exceeded 35,000+;
This week, the YFX.COM community construction effect is obvious. Compared with June 16th to June 30th, the number of official Twitter followers increased by 5.56%. As YFX.COM global ambassador R.L. said: The YFX community has spread all over the world. Many countries in the world have communities representing YFX, and we hope that more countries and more communities will join us.
Our Telegram and Twitter numbers are soaring! Join here: https://t.me/YFX_EN

Development progress:

●The final stage of YFX.COM V2.0 closed research and new version interpretation.

About YFX
YFX.COM is a cross-chain decentralized perpetual contract platform based on Ethereum, Binance Smart Chain, Huobi Ecological Chain, TRON, OKEx public chain, and Polkadot. YFX provides up to 100 times the perpetual contract trading BTC, ETH and other assets. Different from the common automatic market maker model (AMM), YFX.COM adopts the QIC-AMM market maker pool trading method to provide users with high liquidity and low trading slippage. YFX.COM has successfully supported layer2’s perpetual contract trading function. YFX.COM’s goal is to build a DEX that can compete with CEXs on the derivatives trading track.

YFX official contact information:


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