Blockchain
LBank Exchange Will List iBNB on November 11, 2021
Internet City, Dubai–(Newsfile Corp. – November 9, 2021) – LBank Exchange, a global digital asset trading platform, will list iBNB on November 11, 2021. For all users of LBank Exchange, the iBNB/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on November 11, 2021.
Figure 1: LBank Exchange Will List iBNB on November 11, 2021
In recent years, DeFi (decentralized finance) has become one of the most important parts of crypto world, and lots of tools and platforms have emerged for people to participate in DeFi. As the first dynamic DeFi token, iBNB is trying to revolutionise decentralised finance, and it will be listed on LBank Exchange at 21:00 (UTC+8) on November 11, 2021, to further expand its global reach and help it accomplish its mission.
Introducing iBNB
iBNB was coined and traded as the first dynamic DeFi token, the word dynamic here refers to a transaction fee mechanism which is adaptive: it ensures healthy liquidity and maximize dividends. Its Dynamic Transaction Protocol (DTP-3) dynamically adjusts the balance and distribution of transaction fees towards liquidity and dividends according to the health of liquidity with respect to the market capitalisation.
With a dividend pool generating protocol built on the BSC, iBNB aims to revolutionise the volume-to-BNB pool refill rate that has seen other tokens lose value during sustained periods of low volume. In summary, iBNB focuses on prioritising the replenishment of the dividend pool while also maintaining a healthy amount of liquidity in the PancakeSwap AMM liquidity pool for trading.
The nBNB Network
Every other “reward token” utilizes the transaction fees based on its own trading volume. The problem with this is that it requires continuous exponential growth to provide fruitful and consistent ROI from dividends, which is simply unsustainable and considered highly unrealistic within any financial market. To solve this problem, iBNB team introduced the nBNB network.
A long-term goal of iBNB is the expansion of the nBNB network. The nBNB network is a network of partnerships and internal projects. It provides iBNB community of investors with safe investment opportunities. nBNB provides support to unique and promising projects seeking an audience and most importantly, accompany them on the road to success.
The iBNB Bank
The iBNB Bank is the central investment management entity within the iBNB Ecosystem. As central receiver of high-volume transaction fees from the nBNB Network and exchanges, the iBNB Bank intelligently manages money through smart-contracts, quantitative algorithms, DeFi protocols, and strategic investments.
The iBNB Bank will benefit from fees of every token on the nBNB network regardless whether they are traded on DEX or on CEX. The sum of all those inflows will support the iBNB dividend pools with high-volume cash-flows. This setup of the connected ecosystem (nBNB Network to The iBNB Bank to iBNB Dividend Pools) is a world-first and prepares iBNB for Grand moves in crypto. nBNB network goal for 2023 is to include 25 partner tokens. This means, roughly 25 projects will contribute to the Bank, with an average of 1.5% per transaction, per project, per exchange, with unprecedented cash-flows to the Dividend Pools of iBNB, ready to collected by iBNB investors.
The listing of iBNB on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about iBNB Token:
Official Website: https://ibnb.finance
Twitter: https://twitter.com/iBNBfinance
Telegram: https://t.me/IBNBFinance
Whitepaper: https://whitepaper.ibnb.finance/
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4409155122841-IBNB-will-be-listed-on-LBank
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in more than 210 countries around the world.
Visit us on social media:
l Facebook
l Twitter
l LinkedIn
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102635
bybit lucky
Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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