Eterbase ($XBASE) joins as BEPSwap Launch Partner
Eterbase, Europe’s premier digital asset exchange, is joining the THORChain ecosystem with XBASE and a EURO Stablecoin.
BEPSwap
BEPSwap is a new way to swap and stake BEP2 assets, built by the THORChain project.
BEPSwap will allow any BNB or BEP2 holder to swap BEP2 tokens at market prices — instantly from their wallet. They do this by sending their tokens into pools containing liquidity, which performs the swap instantly based on the ratio of assets in the pool.
This means anyone can send assets to other users, even from one token to another, always at correct market prices. This is a huge advantage to decentralised applications.
Eterbase
Eterbase (https://www.eterbase.com) is Europe’s premier compliant digital asset exchange, with over € 215,919 in real 24hour trading volume, fiat gateways and a Euro stablecoin on offer for users.
Negative Trading Fees
Negative Trading Fees: Traders will automatically be paid a certain percentage on their trades if they are on the market maker side of the transaction and have activated their Premium Membership.
Fiat Gateway
Eterbase allows users to make and receive SEPA payments in their personal IBAN accounts seamlessly connecting the world of crypto and banking in the EU.
Compliant
Eterbase are proudly based in Europe and comply with all laws and regulations of the European Union such as GDPR and AMLD4/AMLD5.
EURBASE
EURBASE is a hybrid stable coin partially collateralized by EUR deposits and partially in Bitcoin and other cryptocurrencies. Users can change EBASE to EUR and vice versa at any time on ETERBASE exchange with its integrated IBAN accounts.
Eterbase Coin
The Eterbase Coin (XBASE) is a native utility token for the exchange and itself has multiple forms of utility, essentially being the cornerstone of the present and future ecosystem. Currently Eterbase Coin (XBASE) utilizes two networks: Ethereum (XBASE) and Binance Chain (XBASE-B or XBASE-CD2). Both tokens are treated in the same way for all utility purposes on the platform.
- Daily XBASE-B and EBASE airdrops for premium membership accounts (on Eterbase exchange)
- Lower and even negative trading fees for XBASE holders
- Lowered withdrawal fees for premium members
XBASE-B on BEPSwap
Eterbase is powered by the $XBASE token which requires deep liquidity in order to be useable across the network. The XBASE token is the utility token for the Eterbase exchange and thus must have excellent price discovery.
As such, XBASE is listed on Binance DEX to allow a wider market exposure and is an excellent project to join the BEPSwap platform.
Additional benefits include:
- THORChain will add EBASE as a launch coin during the exclusive launch partner period.
- THORChain will work with Eterbase to also add the EBASE coin in future (as either a BEP2 assets, or the ERC-20 asset being listed when Ethereum is supported). This will provide global EURO prices for all tokens.
- Eterbase will list RUNE on the Eterbase exchange.
- XBASE (and in future EBASE) holders will be able to stake assets in order to earn on Pool Rewards and liquidity fees.
- Eterbase will work with the THORChain team to connect to the protocol in order to allow all Eterbase users to stake their assets and earn. Assets that will be supported in 2020 will be BEP2 and BNB, ERC-20 and ETH and BTC. Users will be able to securely stake from their Eterbase accounts. The returns are dependent on THORChain Staking Returns, but it is likely to be around 20% APR in the first year.
BEPSwap is scheduled for ChaosNet in January 2020, with mainnet shortly there after.
Eterbase and THORChain AMA
The THORChain team will be conducting a live AMA in the Eterbase telegram community to answer questions. There will be a 10,000 RUNE ($600) giveaway available for the 10 best questions, chosen by the Eterbase team:
21 November 2019 10am CET | 5pm Singapore | 8pm AEST
RUNE Listing on Eterbase Exchange
The RUNE token will be listed on Eterbase exchange with the EBASE, BTC and EURO pair. This will enable the European community to easily access the Rune token.
RUNE trading will open on the following times:
21 November 2019 11am CET | 6pm Singapore | 9pm AEST
Eterbase Update
The following are recent updates to the Eterbase project:
- Eterbase Treasury Gateway Signs First Fintech Company, Ferrum Network
- Garuda Airlines In-Flight Magazine about Eterbase Exchange
- Eterbase Joins the Binance Chain Alliance
Follow Eterbase:
THORChain Update
THORChain team are on track for feature freeze this week, then moving into testing and validation.
To keep up to date with the upcoming Public Alpha, please monitor community channels, particularly Telegram and Twitter:
- Twitter: https://twitter.com/thorchain_org
- Telegram Community: https://t.me/thorchain_org
- Telegram Announcements: https://t.me/thorchain
- Reddit: https://reddit.com/r/thorchain
- Github: https://github.com/thorchain
- Medium: https://medium.com/thorchain
