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Reflex Finance Announces New Launchpad Features and V2 Migration

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Roermond, the Netherlands–(Newsfile Corp. – March 31, 2022) – Reflex Finance, a hyper-deflationary token running on the Binance Smart Chain, has recently announced new details about its upcoming Launchpad. Also, the project’s representatives have disclosed the KYC process for other projects looking to launch through the platform. Lastly, they mentioned the imminent migration from the protocol’s first version (V1) to version 2 (V2).

The Reflex Finance team has been working on the Reflex Launchpad since the beginning of February 2022. Now, the developers announced they are offering buybacks of all tokens that launch through this feature. The platform will return the tokens to the launching token at a price available from the 1st to the 48th hour that passes after launch.

Reflex Finance

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Those using the Launchpad can take a picture at any time during this interval. Next, they must send it to the team via their Telegram channel and comply with the Launchpad rules. Furthermore, once the admins confirm the price, Reflex offers an additional discount of up to 15% off the buyback price. “Our goal at Reflex is to become the safest and most project friendly Launchpad in the crypto space,” says CEO Ryan Arriaga.

If you ask Chairman Myles Tweedy about his vision, “Our focus is to differentiate ourselves from traditional launch pads and bring a more human-centric feel to our services and act as a “full” launchpad in every sense of the word. Meaning, our additional services will also help serve and guide the entrepreneur to have the most successful launch possible.” Additionally, Reflex will post subscription offers consistently through the Launchpad to help new tokens grow. For instance, users may apply for Discord-building services at discounted rates. This service is also available on-demand to create an account within 24-48 hours without extra costs.

Lastly, Reflex teamed up with a marketing company to provide discounted rates on token launches and smart contract audits. The latter will be available for Gold Tier users. They also benefit from the strictest KYC process, background checks, and a rug pull-free launch. On the other hand, Silver Tier users can only access smart contract audits and KYC procedures.

Reflex Launchpad Security Details

  • Tactical Onboarding

  • Lower risk of fraud and users with fake credentials.

  • Facial recognition that identifies people wearing 2D or 3D masks.

  • Compliant with strict regulations, such as BaFin and FINMA.

  • Support in the form of automated document recognition, AI, and Machine Learning comparison.

  • The KYC process will search all databases worldwide, including international intelligence.

  • A multi-platform functionality with support for Android, iOS, and web.

Migration to V2

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Reflex Finance will migrate from V1 to V2 in early April and create a bridge between several networks and blockchains. For instance, this feature will link prestigious chains, such as Ethereum, Polygon, and Avalanche. Furthermore, it will maintain a 1:1 ratio for all the $REFLEX tokens users hold in their wallets. Lastly, the new platform will support farming and a custom DEX showing real-time pricing via charts.

About Reflex Finance

Reflex Finance launched in February 2022 as a hyper-deflationary reflection token on the BNB Chain (Binance Smart Chain). It runs on a liquidity-generating protocol with additional staking opportunities. Furthermore, it offers staking and farming opportunities, a Ticker, and the Legion Launchpad for token releases. Lastly, the protocol provides accelerated buyback and burn for $REFLEX tokens to decrease its supply while boosting its long-term value.

For more information on Reflex Finance, please follow these links:

| Website | Twitter | Telegram | Discord| YouTube |Instagram |Reddit |Whitepaper|

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Contact Name: Ryan Bessems
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/118808

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.

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Blockchain

Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blockchain

Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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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.

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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.

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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

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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:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. 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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