ColdStack Partners With Derify Protocol
Dear community members! We’re happy to introduce our new partner today!
Derify Protocol is a decentralized perpetual contracts exchange that mines through holding positions. Theoretically, Derify Protocol can support various fungible tokens as collateral for perpetual future trading, such as ERC20/BEP20.
Just like ColdStack, Derify protocol aims to become one of the safest, most adaptive and most widely used worldwide Web3 infrastructures on the market. We hope the existence of the Derify protocol and ColdStack decentralized storage aggregator sets the stage for more innovative DeFi applications and products.
Derify protocol team are firm believers of Decentralized Autonomous Organization (DAO), while one of ColdStack’s main goals is to create a unified Web3 ecosystem! In the future, as this idea moves forward, every member and partner will be able to participate in the ecosystem’s development, improvement, and management and possibly receive rewards for their contribution to our upgrading.
This collaboration is also destined to contribute to the mass adoption of Web3 and blockchain technologies. We believe that together we will change the whole Web and build a new decentralized future!
About Derify Protocol
Derify protocol is an innovative decentralized derivative trading protocol. Traders can trade with 75X leverage on exchanges based on this protocol.
Derify protocol is a programmable liquidity pool that supports various assets as collateral. Third-party smart contracts can achieve much more advanced and complicated DeFi (decentralized finance) applications based on this protocol.
They enable anyone to create any derivatives freely (as long as proper Oracles exist). It supports all types of derivatives (based on price index), e.g. on-chain assets: crypto, or off-chain assets: gold, foreign exchange, and crude oil.
About ColdStack
ColdStack is the first-to-market Decentralized Cloud aggregator, offering a single-entry point to any Decentralized Storage Network, optimizing the final costs for users with our proprietary AI-based pipeline.
AI allows users to save up to 80% on data storage costs by selecting the most effective solution that is available on the market according to their personal needs.
Our protocol’s main purpose is to store and retrieve users’ data in a stack of Clouds via Unified Data Exchange API, which is 100% compatible with the Amazon S3 API. That allows all the projects to use any AWS library or SDK and start using our System without significant migration efforts.
$CLS token powers our platform, enabling decentralized storage transactions as well as governance. The $CLS token allows users to interact with our platform without worrying about censorship or interference, and is available to anyone in the world on both the Ethereum and Binance Smart Chain.
Contacts
Derify Protocol:
Website: https://derify.finance/
Dapp: https://derify.exchange/
Twitter: https://twitter.com/DerifyProtocol
Discord:https://discord.gg/ff93VWCF8r
Telegram: https://t.me/DerifyProtocol_Official
Medium: https://medium.com/@derify
ColdStack:
Official Website: https://coldstack.io
Twitter: https://twitter.com/coldstack_io
Telegram: https://t.me/coldstackio
Medium: https://medium.com/coldstack
CoinMarketCap: https://coinmarketcap.com/currencies/coldstack/
