ChangeX bridges DeFi with banking pioneers leveraged staking

The $CHANGE token ICO launched on HydraChain on February 28 with a tough cap of $2.4M and a set value of $0.016

 Hybrid DeFi venture ChangeX.io is merging all essential instruments – non-custodial pockets, cross-blockchain trade, and checking account, full with private IBAN and a Crypto Visa Card – into one app, permitting everybody to faucet into the limitless potential of DeFi. 

ChangeX.io launched its preliminary coin providing (ICO) of its CHANGE token on the HydraChain on February twenty eighth. The $CHANGE token could be purchased on the ChangeX.io web site and shall be accessible till Could 31, with no pre-sale or limitations to enrollment.

The philosophy of ChangeX is to behave as a bridge between the blockchains and the end-user, permitting inexperienced customers to learn from a protected, easy-to-use, and mobile-friendly expertise. ChangeX goals to unite all the cryptos in its non-custodial pockets and hybrid CeFi/DeFi trade whereas introducing in-app staking, lending, and swapping throughout blockchains. The app will facilitate crypto purchases with fiat, and also will function a private checking account, finishing the circle.

By tapping into the ability of versatile staking swimming pools, ChangeX will pioneer a Leveraged Staking product with a configurable issue between 1.2x and 2x, with property being borrowed towards an open stablecoin market. With ChangeX, staking PoS property shall be attainable on a number of blockchains with out ever leaving the app. The extra property which might be staked, the larger the rewards, with projected APR’s reaching as much as 80.5% with out even resorting to Leveraged Staking. 

Property, even staked ones, shall be accessible to spend always by way of the ChangeX Crypto Visa Card.

The CHANGE token

CHANGE has a set provide and a deflationary nature that can harness the inflationary energy of different PoS property within the app, leading to greater passive earnings, whereas empowering holders to vote on listings and their integration into the ecosystem. The venture could have its token financial system based mostly on an HRC20 token (HydraChain) and can goal to convey not solely highly effective synergy for the HYDRA ecosystem, but in addition to allow a pretty product to all different PoS chains.

The token will energy the one-of-a-kind Leveraged Staking product, which is designed particularly for PoS and inflationary property in an effort to enlarge the APR affect. The accounts used for Leveraged Staking that do the borrowing may even end in a pretty APR for the stablecoins lenders themselves.

Rewards from the versatile staking swimming pools may even be redistributed again to holders simply by holding CHANGE. Moreover, 30% of all in-app crypto-to-crypto conversion charges will energy a purchase and burn mechanism to cut back complete provide and enhance the worth.

With an ICO laborious cap of $2.4M and preliminary mounted token value of $0.016, CHANGE goals to supply a pretty public launch, particularly when contemplating the venture’s potential and the group behind it.

Why ChangeX?

With improvement outpacing adoption and the client experiencing a tricky nut to crack for a lot of, there are numerous who imagine that crypto should change in an effort to survive. The hole between the mainstream consumer and the ever-accelerating tempo of innovation widens day-after-day and, whereas Bitcoin is extensively identified, phrases like DEXs, liquidity mining, staking, and automatic market makers stay largely obscure to most people. Thus, crypto continues to be inaccessible to the non-tech-savvy particular person. ChangeX goals to treatment that by providing one complete device to navigate the area.

The Group

ChangeX.io founders Nick Iliev and Gary Guerassimov have a wealthy historical past in growing profitable fintech options, amongst them xChange.bg – Bulgaria’s main crypto trade, LockTrip, and HydraChain. The venture’s CTO Martin Kuvandzhiev is likely one of the core builders at Bitcoin Gold – a tough fork of the supply Bitcoin code, which introduced decentralization again to retail merchants and made mining by way of widespread GPUs attainable once more. Again in 2015, he and his group received NASA’s Area Apps Problem with a venture referred to as Valkyrie, which bought them an invite to the Kennedy Area Middle. Extra data on the group could be discovered right here.

The Firm

ChangeX.io goals to grow to be a one-stop-shop for buying and selling, staking, DeFi lending and fiat-to-crypto buying and selling, permitting inexperienced customers to learn from a protected, simple to make use of and mobile-friendly

expertise, whereas storing, preserving, and rising their wealth on their cell system. ChangeX has expertise in growing working blockchain-based options, and the group behind is well-versed in all issues crypto and fintech.

Web site: https://changex.io/ 

Medium: https://changex.medium.com/

Twitter: https://twitter.com/ChangeXapp 

Telegram: https://t.me/hydra_project_x 

Disclaimer: It is a paid publish and shouldn’t be handled as information/recommendation.