[Upbit Notes] New Listing Update
New Listing Update
You can now trade BASIC (Basic), INJ (Injective Protocol), UNI (Uniswap)and PROM (Prometeus) on Upbit’s BTC markets.
BASIC (Basic) project description:
Basic is a next-generation crypto finance platform that allows lenders and borrowers from all over the world to better manage their crypto assets with optimal capital efficiency. Lenders earn interest by depositing their tokens into Basic’s token-specific contract, and use those tokens as a collateral to borrow other tokens (i) initially up to allowed Loan-To-Value (LTV) per product and (ii) ultimately with zero collateral with high enough credit within the platform by demonstrating healthy behaviors over recurring crypto finance transactions.
INJ (Injective Protocol) project description:
Injective Protocol describes itself as the first layer-2 DEX that unlocks the full potential of decentralized derivatives and borderless DeFi. People can create and trade various derivatives through Injective Protocol. It provides the environment to trade without transaction cost via cross-chain function. The Injective Chain is implemented as a Cosmos SDK module, built with Ethermint (EVM on Tendermint). It utilizes a Tendermint-based Proof-of-Stake to facilitate cross chain derivatives trading across Cosmos, Ethereum, and many other layer-1 protocols.
UNI (Uniswap) project description:
Uniswap is a governance token used in automated liquidity protocol Uniswap is a decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens. An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.
PROM (Prometeus) project description:
Prometeus Network describes itself as a secure and decentralized ecosystem designed to solve real-world problems in data brokerage. It was created for the Influencer Marketing, Medical and Insurance data market industries, providing its customers with in-depth insights into demographic & psychographic data of social media influencers and their audiences.