IOST Expands DeFi Network with Partnering PROXI One-Stop DeFi Platform
IOST — the leading ultra-fast, decentralized blockchain network based on the next-generation consensus algorithm “Proof of Believability” (PoB) and PROXI- a DeFi 2.0 one-stop platform for cross-chain derivative issuance and credit lending are forming a collaboration to bring real values and innovations into DeFi.
IOST will be joining as one of the blockchains alongside Ethereum, TRON, Tezos on the PROXI ecosystem which consists of varieties of players such as DEXes, Oracles, wallets, Blockchains, Applications, and tokenization platforms.
PROXI’s holistic approach to DeFi and cross-chain interoperability will open up more use cases and users base for IOST. As strategic partners, IOST and PROXI shall mutually leverage on each other with community growth, product development, technical support as well as marketing resources. The two parties aim to jointly create a decentralized world with a sustainable and profitable DeFi network.
IOST- Exploring & Leading the Blossoming DeFi Space in H2 2020
Emerging as a central theme in 2019, DeFi took the crypto world by storm and quickly emerge as one of the most promising areas of growth in the online financial sector. IOST is joining the DeFi frenzy and seeks to explore the blossoming DeFi space in H2 2020, aiming to complete and land at least three financial applications by September 2020 according to the latest roadmap.
IOST is its own fully-development blockchain ecosystem with its own over 400 global nodes, multiple wallets, and unique consensus protocol. Speed is the name of the game for IOST, a blockchain dedicated to being “ultra-fast” with a peak value for TPS of 8000 through a combination of unique technologies such as Proof of Believability (POB).
Based on its original PoB consensus mechanism and the layer2 expansion scheme, IOST obtains horizontal expansion and high throughput, providing value creation for third-party developers, content creators, and enterprises. IOST is more decentralized than the DPoS based EOS and more scalable than Ethereum smart contracts platform.
In addition, IOST offers developer-friendly features that improve product development efficiency. No congestion and no high gas fees as seen in Ethereum, the reason many developers choose to launch DeFi projects on IOST. A zero transaction fee also guarantees users the convenience and accessibility of using DeFi applications on the IOST chain.
With the IOST platform, its developers can create and offer a transparent and permissionless system built on the open-source principle.
In 2020, IOST will cultivate the growth of its robust DeFi ecosystem through deepening cooperation with existing DeFi projects and implementing all-round optimizations and transformations.
Riding the DeFi wave with great momentum, IOST has been striking multiple DeFi partnerships including Constant Co., PowerDefi, ProDeFi, Bidao, and the latest PROXI.
IOST will provide comprehensive incubation services for DeFi projects from various aspects such as technical support, operation support, and financial support, and to jointly create explosive DeFi products. The IOST cross-chain transfer bridge will be applied to link DeFi projects and users from other public chains such as Ethereum, and introduce more high-quality DeFi projects for more explosive users' growth.
IOST shall continue to work closely with its global partner nodes to deliver innovation and values to DeFi, create explosive DeFi products, lead the mainstream application of DeFi, and open up a new phase for a decentralized global economy.
If you want DeFi, join IOST.
About PROXI
PROXI is DeFi 2.0 for Cross-Chain Derivative Issuance and Credit Lending. PROXI provides the smartest way to invest derivative assets and earn interests with credit-based high leverage tools through the decentralized secure protocol.
Investments made on the PROXI platform can be managed using a simple, user-friendly Portfolio Dashboard in real-time. Lenders and borrowers can be connected anytime. PROXI also allows access to geo-blocked markets, further enhancing accessibility.
The mission of PROXI is to build a one-stop platform for cross-chain multi-asset collateral service, Credit-based lending, derivative issuance, trading, and asset management in the DeFi area, providing users with revolutionary, decentralized, and risk-minimized financial products.
PROXI DeFi utility token CREDIT will soon open the Community-round TokenSale
Official Channels:
- Twitter: https://twitter.com/_ProxiDeFi
- Medium: https://medium.com/proxidefi-blog
- Telegram: https://t.me/proxi_defi
- Discord: https://discord.com/invite/SyrVp3a
- Linkedin: https://www.linkedin.com/company/proxidefi
About IOST
Supported by Sequoia, Matrix, ZhenFund and other world-class investors, IOST is a blockchain platform developed for online service providers, empowered by its unique, next-generation Proof of Believability consensus.
The IOST project team is currently mainly composed of R&D personnel focusing on blockchain distributed technology. The team is formed by more than 50 blockchain industry experts who have graduated from world top universities such as Princeton, Stanford, MIT, Tsinghua University, and Beijing University, and have more than three years of blockchain-related research experience.
With a one-year-old mainnet, IOST has swiftly risen to become a world-leading public chain renowned for its numerous government collaborations and enterprise partnerships around the world. IOST is one of the Big Four public chains with a rich user base and real applicability alongside Ethereum, EOS, and TRON. 500,000 community members, over 20 countries worldwide, and over 400 nodes, top staking economy, and growing.
If you would like to hang out with the IOST community on chat, social media or to discuss product development, we have something for everyone:
- International English Telegram Group: https://t.me/officialios
- IOST Announcement Channel: https://t.me/iost_announcements
- IOST Official Twitter: https://twitter.com/IOST_Official
- IOST CTO Terry Wang Twitter: https://twitter.com/terrence_iost
- IOST CEO Jimmy Zhong Twitter: https://twitter.com/jimmyzhong_iost
- Slack Developer Community: https://invite.iost.io
- Uptrennd: https://www.uptrennd.com/iost
- Reddit: https://www.reddit.com/r/IOStoken
- Facebook Page: https://www.facebook.com/IOSTofficial/
- Facebook Group: http://bit.ly/IOST-FB-Group
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