YIBI is online FTT (FTX Token)、ROSE(Oasis Network)

YIBI Offical
2 min readMay 13, 2022

--

Dear users,

YIBI has launched FTT (FTX Token)、ROSE(Oasis Network),on May 13, 2022 at 16:00 (Hong Kong time), and opened FTT/USDT、ROSE/USDT. We sincerely invite you to experience!

Introduction of the currency

FTT

FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019.

The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool and universal stablecoin settlement.

In regards to clawback prevention, a significant amount of customer funds on other derivative exchanges have been claimed by socialized losses. FTX reduces this by using a three-tiered liquidation model.

On existing crypto futures exchanges, the collateral is fragmented across separate token wallets; this can be difficult for traders as it prevents positions from getting liquidated. On the other hand, FTX derivatives are stablecoin-settled and only require one universal margin wallet.

More details:

Website:https://ftx.com/

White Paper:https://docs.google.com/document/d/1u5MOkENoWP8PGcjuoKqRkNP5Gl1LLRB9JvAHwffQ7ec/view

Smart Contract Address:0x50d1c9771902476076ecfc8b2a83ad6b9355a4c9(ERC)

Note: Please do not transfer coins to smart contract address, it cannot be retrieved.

ROSE

Oasis Network is a privacy-focused smart contract platform built on the Cosmos SDK. The project prioritizes applications and use cases that promote data privacy and user confidentiality. Since Oasis uses the Cosmos SDK, once the IBC (Inter-Blockchain Communication) protocol is launched, it will eventually be able to connect to the wider ecosystem of Cosmos-enabled chains (called zones).

Oasis differentiates itself by separating its consensus layer from the contract execution layer. These separate layers give Oasis the flexibility to support multiple customizable runtimes (it’s called ParaTimes). This model is similar to how Avalanches has various subnets or how Polkadot secures and connects independent parachains.

More details:

Website:https://oasisprotocol.org/

White Paper:https://docsend.com/view/aq86q2pckrut2yvq

Smart Contract Address:0x6c6D604D3f07aBE287C1A3dF0281e999A83495C0(BSC)

Note: Please do not transfer coins to smart contract address, it cannot be retrieved.

Risk tip: Digital currency is a high-risk way of investment, please be careful to buy, and pay attention to investment risks. YIBI selects premium currencies, but is not liable for guarantees, compensation, etc.

YIBI Exchange team

2022/5/13

--

--

YIBI Offical
YIBI Offical

Written by YIBI Offical

Create the most easy to operate social digital assets trading platform

No responses yet