To continue growing and improving Belt.fi, they are adding reliable, innovative partners. They look forward to creating great synergy as they grow the BSC ecosystem together with MDEX.
Belt Finance and MDEX Offer Platform Incentives
MDEX is a decentralized transaction protocol based on an automated market-making mechanism. The transaction fee charged is utilized to repurchase and burn the platform token, contributing to materializing a self-driving closed loop for value capture.MDEX is committed to building a DeFi platform that integrates DEX, IMO, and DAO.
In doing so, it seeks to provide one-stop liquidity services for more high-quality assets. At the same time, it offers users a more secure, reliable, diverse, and cost-effective transaction experience.
By combining their resources, we believe this new partnership will bring benefits to both Belt.fi and MDEX.
The following are the details of what is to come:
MDEX will list $BELT for single token staking and give rewards
$BELT holders will be able to participate in an $MDX airdrop event.
Belt Finance and MDEX will work together to find further synergy between our projects on BSC and in a cross-chain capacity.
More on MDEX
MDEX is a decentralized transaction protocol based on an automated market-making mechanism. It aims to integrate the distinct advantages of a variety of basic public chains to create a high-performance compound DEX ecosystem. Using the “dual mining incentives through liquid mining and transaction mining” maximizes the participants’ returns.
BELT (Belt.fi) is an AMM protocol that incorporates multi-strategy yield optimizing on Binance Smart Chain (BSC) with low fees/slippage that also provides aggregation through vault compounding, lending, and yield generation for maximum returns.
With Belt’s multi-strategy yield optimization, Belt Finance users do not need to actively move their assets around different DeFi protocols to get the most optimal yield on their assets. Belt.fi’s vault compounding puts together the convenience and savings of gas fees of the Binance Smart Chain.
Belt Finance has established itself to be one of the most prominent DeFi protocols on BSC in terms of TVL. To continue growing and improving Belt.fi, they are adding reliable, innovative partners. They look forward to creating great synergy as they grow the BSC ecosystem together with MDEX.
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.