Blockchain
BUSDX to Be Listed at Pancakeswap on 22nd November
Detroit, Michigan–(Newsfile Corp. – November 18, 2021) –
Figure 1: BUSDX to be listed at Pancakeswap on 22nd November
Benefits of BUSD Rewards
BUSD is a regulated, fiat-backed stablecoin pegged to the U.S. dollar. For every unit of BUSD, there is one U.S. dollar held in reserve. In other words, the supply of BUSD is pegged to the U.S. dollar at a 1:1 ratio. Holders can swap their tokens for fiat and vice versa.
Paxos, the project’s owner, releases monthly audits of BUSD’s reserves. As a stablecoin, BUSD is designed to maintain a stable market value. It allows investors and traders to hold a low-volatility asset on the blockchain without the need to exit the crypto space.
Rewards
With every buy/sell transaction, BUSDX redistributes 10% of the transaction in BUSD to all of the token holders directly into their wallets. This redistribution process is fully automatic, and each holder gets their share in proportion to the amount of BUSDX they hold.
Automatic Liquidity
To maintain liquidity, 3% of each buy and sell transaction is transferred to Pancakeswap. Being a BSC-based decentralized token exchange, Pancakeswap fixes low liquidity issues by using the liquidity pool concept. The most significant advantage of automatic liquidity is that your trades will always be executed successfully.
BUSDXpay
BUSDXpay is a virtual payment service that will allow you to make everyday purchases with your BUSDX tokens. By using BUSDXpay, you will also receive cash back bonuses in the form of BUSD.
BUSDXpad
BUSDXpad will focus on projects that are not able to get listed on the larger ICO platforms. BUSDX will give our holders exclusive privileges to be the first ones to participate in the private sale of upcoming projects. BUSDX holders will also get a guaranteed allocation based on their duration and number of tokens they are holding.
Taxes 18% (10% BUSD rewards, 5% marketing, 3% automatic liquidity)
BUSDX IS AUDITED AND KYC VERIFIED
BUSDX will launch on Pancakeswap Monday, November 22 @ 5pm UTC.
Tier Structure
BUSDXpad uses a 2-round system for IDO participation. The approach initially reserves an allocation for every tier, allowing for fairer distributions and purchase sizes that are worthwhile.
Reserved Allocation Round
Each tier gets a share of the total hard cap that they may purchase during the round. Users can purchase up to their tier-defined maximum allowed contribution size within that share until either the supply or time limit exhausts.
Busdx FCFS Round
Following the Reserved Allocation Round, the FCFS round immediately opens up for all BUSDX holders. All remaining tokens from Rounds 1 & 2 are available in one nonsegregated pool. BUSDX holders may purchase up to a specified maximum contribution size.
Social Media Handles:
Facebook: https://www.facebook.com/busdxcrypto
Twitter: https://twitter.com/BUSD_X
Telegram: https://t.me/busdx
Reddit: https://www.reddit.com/r/busdx/
Media Details
Company Name: BUSDX
Email: [email protected]
Website: https://www.busdx.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104253
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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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