YFX COM Bi-Weekly Update May 1st–May 15th

YFX COM Bi-Weekly Update May 1st–May 15th

Highlights:

1. We concluded our launch of $YFX token, and the YFX Token claim was completed on May 9th.
2. YFX.COM reached a strategic cooperation with FilDA.
3. YFX.COM cross-chain solution was announced.
4. YFX.COM launched LP and single token on Heco, APY 300%+.
5. YFX.COM launched YFX hybrid swap trading and YFX LP at 10:00(UTC) on May 12th.
6. The results of the YFX.COM airdrop event were announced. 24,860 addresses received airdrop.

Data:

YFX.COM has achieved impressive results in decentralized derivatives trading. The YFX.COM V1 version, which went online in January 2021, has helped more than 80,000 users completed a cumulative trading volume of $10 billion.



YFX.COM May 1st — May 15th transaction data is as follows, the transaction volume in the past 24 hours has exceeded $35 million.



YFX Token distribution



Token Launch:

IDO — LBP — DEX
This week concluded our much anticipated launch of $YFX token, it occurred in 3 phases.

Phase 1 —IDO[WeStarter, Bounce]
Phase 1 of the YFX token release was IDO on May 6th that was an overwhelming success.

Phase 2: LBP — — Balancer LBP (May 7th-May 9th)
250,000 YFX tokens were allocated to Balancer’s Liquidity Bootstrapping Pool (LBP)

Phase 3: The 3rd and Final Stage of $YFX Token Launch
The third and final stage of our token launch came to an end May 9th with the token DEX launch. $YFX token is now available on both CEXs and DEXs.




Web:YFX staking is now live and you can participate and learn more on our website here.

YFX Community:YFX Genesis Token Mining 1 and 2 Claim is now available. Read the tutorial here to claim.
YFX community did more than 15 AMAs. We have AMAs every week, so please make sure to follow our channels for updates to participate.




Our Telegram and Twitter numbers are soaring! Join here: https://t.me/YFX_EN  YFX Telegram now has over 24,000 members and is growing by leaps and bounds everyday! Join here:https://t.me/YFX_EN 

YFX.COM has formed a community of almost 100,000 users.

Twitter analytics:



YFX Partnerships / Marketing:

Partnerships:
YFX announced a Strategic Partnership with FILDA. BTC_USDT (Filda settlement) hybrid swap and Filda LP. Live on the platform now.
YFX token now can be traded on Sushiswap, Mdex, MXC, BitZ, COINBENE, GateIO and BiKi.


Marketing:Since the beginning of May YFX has released 62 press releases, including some of the hottest outlets in crypto. [CoinTelegraph, NEWSBTC, and many others.]




Latest events:

Platform events:
  1. YFX Trading Competition and YFX LP Mining
    Event period: 17/05/21 12:00(UTC)-31/05/21 12:00(UTC)
    Details:https://help.yfx.com/portal/en/kb/articles/yfx-trading-competition-and-yfx-lp-mining-may-17th-12-00utc

  1. LP(MDEX) and Single Token
    Event period: 17/05/21 12:00(UTC)-31/05/21 12:00(UTC)
    Details:https://help.yfx.com/portal/en/kb/articles/yfx-will-launch-lp-mdex-and-single-token-may-17th-12-00utc

Development progress:

1. Started the first round of LP and single token mining.
2. Launched YFX hybrid swap and FilDA hybrid swap launched.
3. Started the second round of LP and single token mining.
4. Launched YFX hybrid swap trading competition and YFX LP mining.
5. Product details optimization.

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:

Media Contact: media@yfx.com




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