DELIO’s DeFi Coin. Ecosystem Players, Finance & Payment
DELIO’s DeFi Coin
Ducato, Delio’s Defi coin, will be listed on the global cryptocurrency exchange Bittrex Global.
Ducato is a hybrid DeFi project that combines the advantages of Cefi and Defi and has high liquidity, scalability, and convenience. Ducato can easily create and manage synthetic assets and derivatives within Delio and is used for lending, deposits, swaps, yield farming, collateral, handling fees, and compensation.
Ducato will expand with the Delio ecosystem. Delio is one of Korea’s most notable crypto-finance platforms, providing services such as lending, deposit, wallet, swaps, and more.
Delio is growing in the Defi market with a unique model called “remote lending”. For example, members of Bithumb can log in with their Bithumb member ID on to Delio, and Bithumb members can receive services such as lending and deposits while maintaining cryptocurrency in their own Bithumb wallets. Delio is steadily expanding its services through partnerships with famous exchanges around the world such as Bithumb and FTX.
The Bittrex wallet for depositing DUCATO tokens will open on Tuesday, September 15, 2020 (19:00 PDT). Users can deposit DUCATO tokens prior to the transaction starting on September 16th (19:00 PDT).
External players and services associated with the DUCATO ecosystem
Centralized global exchanges, interworking with DELIO services and DUCATO trading;
2) Defi & DEX
DeFi projects and decentralized exchanges. KRWD trading;
Hardware wallet to store users’ private keys and service interworking.
Traditional Finance & Payment
KRWD will serve as a digital currency, once its usage expands. KRWD will widen the ecosystem through credit cards, PG service and DApp interworking and be used for payment, remittance and so on.
In addition, KRWD with stable prices will generate various leverage effects within the Delio ecosystem, providing more benefits to the participants of the Ducato ecosystem.
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