AscendEX Weekly Roundup | Mar 20 — Mar 26, 2021

AscendEX Support
AscendEX
Published in
2 min readMar 26, 2021

Our One-minute Digest

Mar 20 — Mar 26, 2021

Platform Update

  • Currently listed a total of 173 tokens with the product offering BTMX investment Multiple Card, Airdrop Multiple Card, Staking Service, BTMX Investment, etc., for potentially higher rewards.
  • AscendEX listed Taraxa (TARA) under the trading pair of TARA/USDT on March 15th. Taraxa is a public ledger platform purpose-built for audit logging of informal transactions. Taraxa provides a decentralized infrastructure to track informal transactional agreements and data to help minimize the cost and risk of confusion while eliminating disputes.
  • AscendEX will conduct an exclusive primary listing of Persistence(XPRT)under the trading pair of XPRT/USDT on April 1st. Persistence is an interoperable protocol built to facilitate the creation of next-gen financial products. It is an ecosystem of financial products serving both institutional and crypto-native users. Persistence is leveraging blockchain technology to facilitate seamless asset exchange.
  • To further support Polygon Network, AscendEX now supports the deposit and withdrawal over Polygon PoS Chain for USDC, EASY, MATIC, and ROUTE to lower your deposit and withdrawal cost and accelerate the processing.

Activities in the Spotlight

  • To celebrate the listing of Persistence (XPRT), AscendEX will conduct two separate auctions on March 31 from 1:00 p.m. UTC to 2:00 p.m. UTC. A total of 1,000,000 XPRT will be auctioned between a “Standard” auction and an “Uncapped” auction. Each account can place up to seven bids to maximize chances of winning.
  • In celebration of the strategic rebranding, AscendEX launched four promotional events with over 60,000 USDT worth of rewards: retweet, design MeMe, share the poster and register through the exclusive link.
  • AscendEX will support the DREP (DREP) token swap & 100:1 redenomination plan. Trading will be halted in the trading pair of DREP/USDT on March 29, 2:00 p.m. UTC, 2021, and pending orders will be canceled.

AscendEX Ecosystem

  • Distribution Pool:4,442,601 USDT
  • Total Est. Daily Profit/1MM BTMX The Last Week: 425 USDT
  • Diverse global communities with 77,692 users from Korea, Russia, India, Turkey, Vietnam, Italy, Japan, Spain, etc., up by 736 over last week.

DeFi Project Highlights

  • Fire Protocol (FIRE): limited-tome FIRE Pre-Staking program to have a great chance to earn Est. 26%APR.
  • e-Money (NGM): stake e-Money (NGM) to have a chance to earn Est. 13.2% APR.
  • RioFuel (RFUEL): Est. Annualized Return of RFUEL Pre-Staking Program has been adjusted to 20%, and Instant Unbonding Fee has been adjusted to 2%, from March 24, 12:00 AM UTC.

DeFi Yield Farming Strategies & Est Annualized Yield

l Curve — USDT: 8.41 %

l HARD — USDX:6.37%

l HARD — HARD:28.02%

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