YFX

YFX COM Bi-Weekly Update December 1st - December 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 2nd YFX burn, and the number of burnt YFX was 1,235,710. The total amount of burnt YFX was 2,277,066.23. 
3. In order to provide users with a high-quality trading experience, YFX.COM will suspend trading of HECO: BTC/USDT (HPT-settled) trading pair at 12:00 (UTC) on November 12, 2021.
4. YFX.COM has been listed on the pricing website of Coinbase. 
5.   The latest series of "Entering YFX.COM's DeFi Derivatives World" video on YFX.COM's official YouTube channel has been released. I hope to learn more about all aspects of your friends and learn to use YFX.COM. Friends are welcome to watch it, and if you like it Like it and forward it~ 
6. 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! 
 
Data: 
 
1.YFX.COM's trading volume was $132 million from December 1st - December 15th. The number of transaction addresses was 2,588. 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_USD (USDT-settled), ETH_USDT (USDT-settled).
3. YFX Token distribution

Project Progress
1.YFX.COM has completed the 2nd YFX burn, and the number of burnt YFX was 1,235,710.

2. In order to provide users with a high-quality trading experience, YFX.COM will suspend trading of HECO: BTC/USDT (HPT-settled) trading pair at 12:00 (UTC) on November 12, 2021.
3. YFX.COM has been listed on the pricing website of Coinbase. 

4. YFX.COM has successfully launched OKLink.
5. The latest series of "Entering YFX.COM's DeFi Derivatives World" video on YFX.COM's official YouTube channel has been released.
 
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
 
6. 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.
 

7. YFX Partnerships / Marketing
 
● YFX.COM has been listed on the pricing website of Coinbase. 

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

  

● YFX token now can be traded on Sushiswap, Mdex, MXC, BitZ, Gate.io 、Poloniex.

8. Platform Events:
 
Ended:
 
●YFX.COM Double Chain(Heco&Tron) Perpetual Swaps Trading Competition+ LP Mining, Get 30,000 YFX Token Rewards
 
 
● 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 
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
 
 
9. YFX Community:
 
The number of YFX.COM official Twitter is 24,430;
The number of YFX.COM telegram community is 33,679;
The total number of YFX.COM Chinese community has exceeded 36,000+;
This week, the YFX.COM community construction effect is obvious. As YFX.COM global ambassador 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.
 
Development Progress:
Financial model optimization and system upgrade after YFX.COM V2.0 decentralized perpetual contract product development and deployment.
 
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:
Telegram:   https://t.me/YFX_EN
E-mail:   Contact@yfx.com




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