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We continue to expand our market with DeFi tokens to open more crypto opportunities. This time we added:

  • Meta (MTA)
  • mStable USD (mUSD)
  • SushiSwap (SUSHI)
  • Creamfinance (CREAM)
  • Binance USD (BUSD)
  • DFI.Money (YFII)
  • REN
  • Band Protocol (BAND)

You can already deposit these tokens into your CEX.IO account. We will soon be starting withdrawals and trading USDT and ETH with a negative maker fee (-0.05%). Later you can buy these tokens directly with your card and exchange them for USD.

📚 About the projects

Meta (MTA) is a governance token of the mStable protocol. The mStable protocol unifies stablecoins, loans and swap to a robust standard through its mASSETS. Each MASSET token is associated with an asset, such as a fiat currency, commodity, or cryptocurrency.

mUSD is one of the stablecoins issued by the mStable protocol. Anyone can use the USD stablecoins accepted by the mStable platform (currently DAI, TUSD, USDT and USDC) to store mUSD. Users can hold their mUSD to earn interest, earn ecosystem rewards by contributing liquidity, trade stablecoins without slippage and exchange mUSD for supported stablecoins.

SushiSwap is a liquidity pool platform. It is also an automated market making (AMM) decentralized exchange (DEX) on the Ethereum blockchain. Users can add their SUSHI tokens to liquidity pools and earn rewards. To encourage users to add liquidity, providers were initially given SUSHI tokens by staking Uniswap Liquidity Pool (LP) Tokens.

Creamfinance is a decentralized lending and exchange platform with liquidity mining. CREAM Swap is the platform’s decentralized exchange protocol and a codefork from Balancer. The lending pool and the management of the platform are a code fork of Compound’s cToken model.

BUSD is a stablecoin backed 1: 1 by USD and issued by the Binance exchange platform. BUSD works as an ERC-20 token on Ethereum and as a BEP-2 token on Binance. The coin has been approved by the New York State Department of Financial Services (NYDFS).

DFI.Money (YFII) is a fork of yearn.finance (YFI). The platform currently offers a profit-optimizing service for lenders, moving providers’ money between credit protocols such as Aave and Compound.

REN (formerly Republic Protocol) is a protocol that provides access to inter-blockchain liquidity for all decentralized applications. At its core, REN relies on the RenVM, a reliable and decentralized virtual machine. RenVM is powered by decentralized virtual machines known as Darknodes which contribute their network bandwidth, computing power and storage capacity.

Band Protocol offers a decentralized data oracle that connects smart contracts with external data and APIs. According to the developers, BandChain offers a decentralized, scalable and cross-chain oracle solution for any decentralized financial application or smart contract. Users can customize and create a data oracle script and specify aggregation methods and security parameters.

English: https://t.me/CEX_IO

Russian: https://t.me/CEXIORU

Note: MTA, mUSD, SUSHI, CREAM, BUSD, YFII, REN, and BAND are currently not available to US residents.

Disclaimer: The above content is for informational purposes only. You should not interpret such information or other material as legal, tax, investment, financial or other advice. Study the assets for yourself before making any investment or trading decisions.



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