Get your $BLING now on Bounce.Finance
The decentralized finance (DeFi) market has exploded massively as the DeFi mania strikes during the summer of 2020. DeFi promises interesting new innovations in the world of finance by offering decentralized solutions to financial aspects of lending and borrowing…….Click here to read the rest of the article.
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Bling Public Sale: Connect your ETH wallet and purchase $BLING on Bounce.Finance ….SALE ENDS DECEMBER 31st
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This is the Fourth in a series of Blogs about BlingFinance. Please follow us on Medium and our social media channels for the most updated information.
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2 days ago
BlingFinance Pubic Sale is LIVE
Get your $BLING now on Bounce.Finance
The decentralized finance (DeFi) market has exploded massively as the DeFi mania strikes during the summer of 2020. DeFi promises interesting new innovations in the world of finance by offering decentralized solutions to financial aspects of lending and borrowing. The DeFi market is currently growing through the phase of new developments, ideas, and other possibilities in the market.
However, a majority of the DeFi projects currently reside on the Ethereum blockchain network and thus it also caters to a majority of the DeFi activity or DeFi transactions. …
Read more · 3 min read
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Nov 15
Looking Under The Hood of Bling
BlingFinance: The Next Innovation in DeFi
BlingFinance ($BLING)
BlingFinance is a DeFi protocol now live on Rinkeby testnet:
BlingSwap
BlingSwap is a decentralized AMM exchange currently on the Ethereum blockchain. The aim is for BlingSwap to be ported or bridged to the FantasyGold Core blockchain as well, to get full use of both platforms.
FantasyGold Core ($FGC) is a decentralized blockchain project built on Bitcoin’s UTXO model secured by a Proof of Stake consensus. FGC supports Ethereum Virtual Machine based smart contracts.
Anyone can deploy a liquidity pool on BlingSwap for any ERC20 trading pair and enables any other trader in the ecosystem to contribute liquidity. These users are called Liquidity Providers. When users deposit their assets into these shared pools, they earn trading fees. In addition to trading fees liquidity providers earn BLP (Bling Liquidity Provider) tokens, for example if a user deposited $BLING and $ETH into a pool they would receive BLING-ETH BLP tokens. …
Read more · 6 min read
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Nov 14
Introducing BlingFinance
The Next Innovation in DeFi
Since 2017 the team behind FantasyGold has continued to lead in the advancement of blockchain technology. We are excited to introduce BlingFinance to the DeFi ecosytem.
DeFi is quickly growing up. As many projects have already come and gone, the hype we saw this summer is settling down nicely. As everyone gets accustomed with all possibilities DeFi brings to the table, new innovations set in. We’re entering a stage of development, new ideas and even more possibilities to come to light.
One of the main issues with swap trading on AMM’s (Automated Market Makers) for instance, are the high ETH gas fees involved. With the exponential growth we’ve seen in the DeFi sector, ETH gas fees have also increased. The complexity of AMM exchanges requires many transactions to do multiple hops through smart contracts and can sometimes create situations where the costs of executing the trade are unprofitable. …
