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LBank Exchange Will List Annex Finance (ANN) on January 14, 2022

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Internet City, Dubai–(Newsfile Corp. – January 10, 2022) – LBank Exchange, a global digital asset trading platform, will list Annex Finance (ANN) on January 14, 2022. For all users of LBank Exchange, the ANN/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on January 14, 2022.

Figure 1: LBank Exchange Will List Annex Finance (ANN) on January 14, 2022

DeFi has been making a great impact on the global finance system since its emergence, but the massive diversity of it can be extremely daunting for new users. To build a new-user friendly and secure DeFi space, and to solve the credit related problems in traditional financial lending systems, Annex Finance (ANN), a one-stop shop DeFi platform for multichain network, adapts the DeFi model to support liquidity provided by users, and utilizes digital assets and cryptocurrencies to be pledged and used as collateral while earning interest. Its native token ANN will be listed on LBank Exchange at 20:00 (UTC+8) on January 14, 2022, to further expand its global reach and help it achieve its vision.

Introducing Annex Finance

Annex Finance provides a decentralized marketplace for lenders and borrowers with borderless stablecoins, bridging the traditional lending platform for multichain network that brings crypto network closer to each other. Its decentralized trading protocol is built on BSC and Cronos network for fast, secure and low cost transactions, and all Annex Protocol assets are bound by the BEP-20 standard, ensuring that users can access an immutable money market protocol directly on-chain.

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Although Annex Finance is not the first decentralized financial platform that is attempting to bridge the traditional lending platform with blockchains, it benefits from lessons learned through these earlier projects providing a greatly improved platform. Annex Finance will be the first to provide a DEX swap allowing users to create LP and liquidity itself to mint high APY returns and increase ANN price/volume while allowing users to borrow and supply assets through smart contracts.

Users can tokenize their assets utilizing BSC and Cronos network, and receive portable ATokens (the protocol-created pegged assets when collateral is supplied) that they can freely move around to cold storage, transfer to other users, and more. AToken collateral can be used to borrow from the Annex Protocol instantly with no trading fees, no slippage and directly on-chain. With Annex, users have on-demand liquidity available globally.

On top of lending/borrowing, there are also decentralized auction and NFT marketplace provided by Annex, making it a one-stop shop DeFi platform for multichain network.

Annex Auction is a suite of open-source smart contracts created to ease the process of launching a new project on the AnnexSwap exchange. Annex Auction aims to drive new capital and trade to the exchange by increasing the attractiveness of AnnexSwap as a place for token creators and communities to launch new project tokens. The key benefit of Annex Auction is that it provides Initial Liquidity Providers for new listing tokens with low prices and keeps the auction token price higher than the listing price. It supports several types of auctions based on auctioneer requirements to incentivize more new tokens listings, and ANN is used as its auction payment currency.

Annex NFT marketplace offers a wide range of non-fungible tokens, including art, censorship-resistant domain names, virtual worlds, trading cards, sports, and collectibles. ANN is the main NFT currency in the Annex NFT marketplace for creators and buyers to purchase items. Creators can set fixed prices with ANN units and buyers can make offers or place bids with ANN.

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About ANN Token

ANN is Annex Finance’s governance token based on BSC and Cronos network, it will also be an auction currency to create an auction pool and pay auction fees, and Annex NFT marketplace uses ANN/BNB as NFT currency to purchase and bid NFT collectibles. Both the Lenders and Borrowers will be rewarded with the ANN tokens for using Lending Protocol and to Liquidity providers for supplying liquidity to DEX Swap.

ANN holding rewards system is designed to provide rewards to ANN holders automatically in the ANN contract itself. Annex Finance designed ANN token contract for ANN long term holders to be provided eligible rewards based on holding amount. If ANN holders will hold ANN for more than 30 epochs, the users will be in the eligible list automatically and the user’s reward will increase APR 0.2% every epoch from 30 epochs.

The total supply of ANN is 1 billion (i.e. 1,000,000,000), 5% of it is provided for prior liquidity price speculation auction and side liquidity, 3% is for governance supply, 12% is allocated to the team and development treasury, 5% is provided for ETH holding reward pool, another 5% is provided for BSC holding reward pool, 35% is for LP pool mining, and the rest 35% is for governance mining.

The ANN token will be listed on LBank Exchange at 20:00 (UTC+8) on January 14, 2022, investors who are interested in Annex Finance investment can easily buy and sell ANN on LBank Exchange by then. The listing of ANN on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

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Learn More about ANN Token:

Official Website: https://www.annex.finance/
Telegram: https://t.me/Annex_finance_group
Twitter: https://twitter.com/AnnexFinance

Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4413962315033-ANN-will-be-listed-soon-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 from now more than 210 regions around the world.

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Start Trading Now: lbank.info

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Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]

PR Contact
ZEXPRWIRE
[email protected]

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109535

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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Blocks & Headlines: Today in Blockchain – May 19, 2025 | DoubleZero, Toobit, Story Protocol, Marco Polo, Argo Blockchain

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May 19, 2025 — As the blockchain industry surges into its next phase of maturity, today’s briefing spotlights five pivotal developments shaping the crypto ecosystem: the physical limits of the public internet, a major exchange’s European push, Hollywood’s bet on Web3, blockchain’s role in global trade finance, and the drive for sustainable mining. Together, these stories reflect an industry wrestling with infrastructure bottlenecks, forging new community models, and renewing its environmental and regulatory commitments. From fiber-optics rails to Hollywood IP tokenization, let’s unpack what matters today—and why it matters to you.


1. Breaking the Bandwidth Barrier: DoubleZero’s Quest for High-Speed Blockchain Rails

The Story: At Consensus 2025 in Toronto, DoubleZero co-founder and CEO Austin Federa warned that today’s public internet “was never built for high-performance systems,” creating a critical bottleneck for high-throughput blockchain networks. Unlike traditional client–server models, modern blockchains require validators to rapidly switch between heavy data consumption and mass broadcast, demanding both low latency and massive bandwidth. By building dedicated fiber-optic communication rails, DoubleZero aims to slash transaction latency, tighten DeFi spreads, and unlock new use cases once stymied by internet constraints. Founded in late 2024, the project raised $28 million and plans its public mainnet launch in H2 2025, following an April token sale open to validators from Solana, Celestia, Sui, Aptos, and Avalanche.

Analysis & Implications: Federa’s remarks signal a shift: the limiting factor for blockchain performance has moved off software and compute and onto physical infrastructure. As decentralized networks scale, the quality of global connectivity becomes paramount. For DeFi traders, faster rails could mean tighter arbitrage windows and lower slippage; for enterprise adopters, sub-second confirmations could finally rival traditional payment rails. Yet building and maintaining dedicated networks carries capital and regulatory burdens. Will blockchain projects partner with telecom giants or build private consortia? How will this influence the ongoing L2 vs. L1 scalability debate? As the blockchain space broadens into enterprise domains, physical network investments may become as strategic as protocol design.

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Source: Cointelegraph


2. Toobit’s European Expansion: Platinum Sponsorship at Dutch Blockchain Week

The Story: On May 19, Toobit announced its role as Platinum Sponsor of Dutch Blockchain Week 2025 (May 19–25) and revealed plans to host a booth at the Dutch Blockchain Summit in Amsterdam on May 21–22. Coming off its Platinum role at Web3 Amsterdam earlier this year, the award-winning derivatives exchange seeks to deepen ties with Europe’s crypto community—showcasing trading solutions, exploring partnerships, and engaging physically with its user base.

Analysis & Implications: Sponsorship of marquee events like Dutch Blockchain Week underscores exchanges’ pivot toward community engagement and regional regulatory alignment. As the EU advances its Markets in Crypto-Assets (MiCA) framework, European crypto players face both opportunity and uncertainty. Toobit’s visible presence signals confidence in the continent’s evolving legal landscape—and the strategic importance of in-person dialogue. Beyond brand building, these events catalyze partnerships with custodians, DeFi projects, and institutional investors. For traders, this focus on local engagement could translate into tailored products—European stablecoins, localized fiat on-ramps, or region-specific compliance tools. Toobit is betting that boots on the ground matter as much as bits on the chain.

Source: GlobeNewswire


3. Hollywood Meets Web3: David Goyer’s “Emergence” Universe on Story Protocol

The Story: At Consensus’s Toronto conference, filmmaker David Goyer (Blade trilogy, The Dark Knight, Apple TV’s Foundation) unveiled Emergence, a sprawling sci-fi franchise built on his blockchain platform Incention and powered by Story Protocol. Leveraging a 2,500-page story bible and an AI “Atlas” agent, Goyer plans community-driven storytelling—fans co-create characters, up-vote submissions, and share licensing upside via on-chain smart contracts. Story Protocol, which has raised over $80 million from a16z, Hashed, and Endeavor, offers IP registration, royalty-sharing, and permissioned remixing, aiming to decentralize franchise building.

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Analysis & Implications: Goyer’s venture epitomizes the emerging creator economy in Web3, where tokenized IP and community governance challenge Hollywood’s top-down model. By placing narrative rights and royalties on-chain, creators and fans potentially share in franchise upside—aligning incentives but also demanding robust smart-contract frameworks. Yet risks abound: quality control, legal enforceability of on-chain IP, and community moderation. Will traditional studios adapt or resist? And can emergent on-chain governance scale for billion-dollar franchises? As AI and blockchain converge, the entertainment industry faces disruptive opportunities—and headwinds—around ownership, monetization, and creative collaboration.

Source: CoinDesk


4. Beyond Letters of Credit: Blockchain’s Transformative Role in Digital Trade Finance

The Story: In a comprehensive overview, Global Trade Magazine highlights blockchain’s potential to overhaul international commerce by digitizing trade finance workflows. Traditional paper-based processes—letters of credit, bills of lading—are slow, error-prone, and fraud-susceptible. Blockchain introduces immutable, shared ledgers and smart contracts that automate payment releases (e.g., upon IoT-verified delivery), collapse settlement times from weeks to hours, and enhance KYC/AML compliance via permissioned networks. Platforms such as R3’s Marco Polo, the we.trade consortium, and IBM/Maersk’s TradeLens demonstrate real-world deployments. Looking ahead, AI, machine learning, and IoT integration will further streamline risk scoring and anomaly detection—but challenges around protocol interoperability, regulatory standardization, and legal enforceability remain.

Analysis & Implications: As global trade rebounds post-pandemic, inefficiencies in trade finance cost banks and businesses billions annually. Blockchain’s promise lies in single-source-of-truth data sharing—cutting reconciliation costs and unlocking capital. For DeFi projects eyeing institutional corridors, tokenized trade-finance instruments could represent multi-trillion-dollar on-chain markets. Yet widespread adoption hinges on multi-stakeholder collaboration—banks, customs agencies, insurers, and carriers—and on harmonized regulations. The next frontier: bridging public and private blockchains, ensuring data privacy while enabling transparency. For blockchain advocates, trade finance offers both a showcase and a stern test of real-world scalability.

Source: Global Trade Magazine

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5. Argo Blockchain’s Green Mining Playbook for 2025

The Story: UK-based miner Argo Blockchain (LSE: ARB, NASDAQ: ARBK) continues to expand sustainable crypto-mining operations in 2025. Leveraging hydroelectric power in Quebec and deregulated energy in Texas, Argo mined 1,298 BTC in 2024 at 2.8 EH/s capacity. In March, it announced a $25 million credit facility to upgrade its Texas data center with next-gen ASICs—targeting a 20% hash-rate boost by Q3 2025. With 95% of Quebec power from renewables, Argo aims for 3.5 EH/s by 2026. Competitors Marathon Digital (29.8 EH/s) and Riot Platforms (22.5 EH/s) focus on vertical integration and energy arbitrage, but remain more reliant on fossil fuels. Facing Bitcoin’s price swings, halving pressure, and potential regulatory curbs, Argo’s public listing and green credentials position it to attract ESG-conscious investors.

Analysis & Implications: Crypto mining’s environmental impact remains a flashpoint. Argo’s renewable-first strategy offers a template for sustainable operations, but scaling green hashing sustainably—and profitably—poses capital and regulatory challenges. As governments scrutinize energy usage, mining hubs may shift toward regions with abundant renewables. The storage of zero-carbon electricity via mining rigs could even emerge as a grid-stabilization service. Yet profitability remains tightly coupled to Bitcoin’s price and block rewards. For institutional backers and ESG funds, companies like Argo may represent the safest crypto-mining bet. However, industry consolidation and hardware innovation cycles will determine who thrives in this high-stakes infrastructure race.

Source: Blockchain Magazine


Conclusion: Key Takeaways

  1. Infrastructure Matters: With dedicated fiber-optics rails, projects like DoubleZero spotlight that blockchain scaling is as much about hardware as code.

  2. Regional Engagement: Toobit’s European sponsorship underscores the ongoing importance of in-person community building amid evolving regulatory regimes.

  3. Creator-Economy Revolution: David Goyer’s Emergence franchise illustrates Web3’s potential—and complexities—in democratizing IP creation and monetization.

  4. Institutional Use Cases: Trade finance remains a prime arena for blockchain’s real-world impact, but adoption depends on interoperability and regulation.

  5. Sustainability Imperative: Mining firms like Argo must balance growth, profitability, and environmental stewardship to appeal to both crypto purists and ESG investors.

As the blockchain and cryptocurrency landscape advances, these stories offer a snapshot of an ecosystem grappling with scale, regulation, community, and sustainability. Stay tuned for tomorrow’s briefing—where we’ll continue to track the innovations and challenges defining Web3’s evolution.


The post Blocks & Headlines: Today in Blockchain – May 19, 2025 | DoubleZero, Toobit, Story Protocol, Marco Polo, Argo Blockchain appeared first on News, Events, Advertising Options.

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MANTRA and WIN Investments Join Forces to Bring Real-World Sports Assets Onchain

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Abraaj Restaurants Group announces it has become the first bitcoin treasury company in the Middle East

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