YFX COM Bi-Weekly Update June 16th–June 30th

YFX COM Bi-Weekly Update June 16th–June 30th




Highlights:

1. YFX.COM & OKExChain launched an AMA with the theme of "the only DeFi cross-chain derivative DEX on OKExChain" for users around the world, distributed $1000 airdrop to community supporters, and over 500 people interacted and left messages to ask questions.
2. YFX.COM joined in OKExChain's global official community and had a wonderful and detailed online AMA with community members. YFX.COM global ambassador R.L. introduced YFX.COM's development plan and project progress in details and answered questions from community users. The community response was very enthusiastic. In the interactive session, more than 800 users actively asked questions online.
3. YFX.COM Layer2 (xDai) "0 Gas Transaction" event is ongoing, and super detailed tutorials have been launched to help you quickly conduct 0 Gas on-chain contract transactions. 
4. YFX.COM Double Chain (Heco&Tron) Perpetual Contract Trading Competition + LP Mining to Share 30,000 YFX event has been successfully concluded on June 24th. 452 traders participated in the Perpetual Contract Trading Competition, and more than 1,200 people participated in LP. All rewards have been distributed. Congratulations to the outstanding traders and hard-working miners who won the prizes.
5. YFX.COM's global high-quality community expansion is continuing. This time YFX.COM took a visit to the Infinity Chain community and conducted a wonderful online AMA with 30,000 community members.
6. YFX.COM and xDai jointly launched the "60,0000YFX Super Benefits: Free 100YFX+ layer2 Trading Competition + Lucky Rewards" event preview, which will be officially launched at 12:00(UTC) on July 1st.
7. This week, the effect of YFX.COM community construction is obvious. Compared with June 1st to June 15th, the official Twitter follower increased by 16.5% and the number of Telegram group increased by 23.5%.

Data: 

1. YFX.COM's trading volume exceeded $185 million from June 16th to June 30th, and the number of transaction addresses was 3,897. 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 BTC_USDT (USDT-settled), BTC_USDT (YFX-settled), ETH_USDT (USDT-settled).
3. YFX Token distribution


Project Progress

1.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.


YFX.COM & xDai Layer2: Deposit on ETH(xDai) to Get Bonus + Perpetual Contract Trading Competition to share 60,000 YFX Tokens event started at 12:00(UTC) on 1st July.





3. YFX Partnerships / Marketing 

● YFX.COM and OKExChain jointly launched an AMA for users around the world with the theme of "OKExChain's only DeFi cross-chain derivative DEX", and distributed $1000 airdrop to community supporters, over 450 people interacted and left messages to ask questions.



● YFX.COM joined in OKExChain's global official community and had a wonderful and detailed online AMA with community members. YFX.COM global ambassador introduced YFX.COM's development plan and project progress in details, and answered questions from community users. The community response was very enthusiastic, and more than 800 users actively asked questions online.


● YFX.COM's global high-quality community expansion is continuing. This time YFX.COM global brand ambassador took a visit to the Infinity Chain community and conducted a wonderful online AMA with 30,000 community members.

YFX.COM&Infinity Chain AMA Review:  YFX.COM&Infinity Chain AMA Review

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





● From June 16th to June 30th, YFX.COM global brand ambassador R.L 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.


4. Platform events:
Ended:
● LP(MDEX) and Single Token Event 
Period: 17/05/21 - 31/05/21
● 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)

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

4. YFX Community:
The number of YFX.COM official Twitter is 26,035;
The number of YFX.COM telegram community is 32,549;
The total number of YFX.COM Chinese community has exceeded 32,000+;
This week, the YFX.COM community construction effect is obvious. Compared with June 1st to June 15th, the number of official Twitter followers increased by 16.5%; the number of Telegram groups increased by 23.5%. 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:

1. Rewards for double-chain trading competition and mining events.
2. YFX.COM V2 bottom code deployment.

YFX official contact information:

Telegram:  https://t.me/YFX_EN
E-mail: Contact@yfx.com



    • Related Articles

    • YFX COM Bi-Weekly Update June 1st - June 15th

      Highlights:  1. The design and optimization of the decentralized derivatives product model of YFX.COM V2.0 version continues. 2.YFX.COM has completed the 4th YFX burn, and the number of burnt YFX was  1.2 million .  3. In order to provide users with ...
    • YFX COM Bi-Weekly Update June 1st–June 15th

      Highlights: 1. YFX.COM has entered TRON DeFi ecosystem, joined TRON Genesis Mining and started YFX-TRX LP mining at SUN.io from 31st May to 7th June, with APY over 190%, ranking first. 2. YFX has officially launched on OKExChain mainnet at 10:00(UTC) ...
    • YFX COM Bi-Weekly Update July 16th–July 30th

      Highlights: 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.  Poloniex has officially launched YFX ...
    • 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 ...
    • YFX COM Bi-Weekly Update July 1st–July 15th

        Highlights: 1. In accordance with the YFX.COM whitepaper, we have completed our 1st YFX token burn of 1,041,356.238 YFX . 2. YFX.COM & xDai Layer2: Deposit on ETH(xDai) to Get Bonus + Perpetual Contract Trading Competition to share 60,000 YFX ...