StraitsX Expands Digital Asset Ecosystem in Southeast Asia
StraitsX Expands Digital Asset Ecosystem in Southeast Asia
馃審 Digital assets in Asia...
StraitsX, a leading digital asset infrastructure provider in Southeast Asia, has expanded its ecosystem through partnerships with various entities including DFXFinance, TokenPocket, Ledger Vault, and Gemini. The platform enables users to mint and redeem StraitsX stablecoins, manage payments, and connect their accounts to various digital asset platforms. StraitsX, part of the Fazz Financial Group, is actively involved in developing and supporting the growth of digital assets in Asia, aiming to become a leader in the digital asset space. The company provides unique bank transfer instructions to each business account user, enhancing transaction ease and security.
3/3. The @StraitsX_id ecosystem includes partnerships with various entities, including DFXFinance, TokenPocket, Ledger Vault, Gemini, and others, to support the seamless transfer and management of digital assets. StraitsX is actively involved in developing and supporting the
Forex Market Volatility Increases Due to Tariffs
Recent tariff implementations are causing significant volatility in foreign exchange markets, particularly affecting EUR and CAD trading pairs. - Market conditions suggest increased hedging opportunities - Multiple trading pairs available across various chains - Platform access available via [Sedge.fi](https://sedge.fi/) **Key Considerations:** - Leverage trading carries substantial risk - Variable rate markets require understanding of mechanics - Proper research recommended before trading *For newcomers:* Consider reviewing the [comprehensive trading guide](https://medium.com/contango-xyz/the-ultimate-guide-on-how-to-contango-v2-a5489d4ca8a9) before starting.
Sedge Deploys DFX on Base Network: A Grant Success Story
Sedge, a DFX grant recipient, successfully deployed DFX smart contracts on the Base network, enabling trading pairs for EURC/USDC and CADC/USDC. The implementation uses DFX v3 contracts and Chainlink Price Feeds for secure market data. Key developments: - Initial deployment focused on EURC/USDC liquidity - Added CADC/USDC trading pair - Utilizes Chainlink Price Feeds for CAD/USD and EUR/USD - Serves as first gateway to DFX on Base This deployment marks the beginning of expanding non-USD stablecoin accessibility on Base, with more integrations planned.
DFX Token Migration Deadline
**Final Notice**: Today marks the deadline for upgrading old $DFX tokens to the new CCIP-enabled version. Key Points: - The upgrade optimizes cross-chain operations for better efficiency and security - Users who miss the deadline can still convert tokens via traditional Ethereum bridge - Migration process automatically converts old tokens - Support available through community channels - Detailed guide available at docs.dfx.finance *Users requiring assistance should consult the migration guide or reach out to community support.*
Weekly Top 3 APRs: 1GBP, NGNC, and GYEN Lead
DFX Finance has released its weekly top 3 APRs for September 26, 2024: - Poundtoken's 1GBP: 176% - Link_IO's NGNC: 143% - GMOTrust's GYEN: 105% These rates have remained stable compared to the previous week. Users can start participating in these high-yield opportunities through the DFX exchange platform. **Key Points:** - Consistent high yields for fiat-backed stablecoins - Opportunity for diversification beyond USD-pegged assets - Easy access via https://exchange.dfx.finance/pools *Consider exploring these options to potentially enhance your crypto portfolio's performance.*
Poundtoken's 1GBP maintains top APR at 127%
Weekly Top 3 APRs update:n n- Poundtoken's #1GBP: 127% n- Link_IO's #NGNC: 123% n- GMOTrust's #GYEN: 109% n nThis consistent performance shows stability in the top APR offerings. The 1GBP token has held its position at 127% for multiple weeks, demonstrating strong yield potential for GBP-backed stablecoins. n nNGNC and GYEN continue to offer attractive rates, providing opportunities for diversification across different fiat-backed stablecoins. n nUsers interested in these high-yield options can get started on the DFX Finance platform. n nAs always, conduct your own research and consider your risk tolerance before participating.