PRESS RELEASE. The final two weeks noticed decentralized finance cryptocurrency startup LOFI-DEFI acquire intense social adoption for what’s positioned to be the most important honest launch in DeFi historical past. Tens of hundreds of traders have gathered in its mixed worldwide Telegram communities to await the launch of their native token LOFI.
“There’s an artwork to efficient advertising within the crypto house,” says Robert Tedders, CEO of TokenCulture.com, one of many premier cryptocurrency advertising corporations. “Lofi-Defi has the ‘secret sauce’ to set the usual and we’re going to prop them up each step of the best way.”
LOFI-DEFI is breaking DeFi norms by not solely being listed on a decentralized trade (Pancakeswap), but additionally concurrently listed on a centralized trade, WhiteBit. Pancakeswap is without doubt one of the largest decentralized exchanges in all of cryptocurrency and commonly sees day by day volumes in quantity between $500 million and $1 billion. WhiteBit at present has over 500,00zero registered customers and does greater than $1.6 billion in day by day quantity.
Pancakeswap launch date and time:
Buying and selling LOFI/BNB: 16:00 August 21, 2021 (UTC)
LOFI-DEFI appears to be following within the social footprints of Safemoon which additionally launched on Pancakeswap and listed on WhiteBit as its first centralized trade a month later, however LOFI-DEFI is transferring at a sooner tempo than Safemoon.
LOFI, which would be the native token of the LOFI-DEFI platform, is a deflationary asset with a passive rewards system. The good contract includes a reflection mechanism which rewards holders with additional tokens when buying and selling happens, and a burn mechanism which passively lowers the entire provide as a part of transactions as a way to make remaining tokens extra precious.
The LOFI token might be used on the LOFI-DEFI platform which is a social medium for artisans to attach with traders and earn revenue whereas constructing their profile. The flexibility to make use of an appreciating asset as a software to put money into creators thereby growing the worth of their early works gives the proper use case for the token. The contract is absolutely audited by Tech-Audit.org and was discovered to haven’t any points safety or in any other case. Be taught extra in regards to the mission at https://lofi-defi.com
“We’re thrilled to be scouted and recognized by WhiteBit as an inventory associate for our first centralized trade!” enthuses David Cohen, CEO of LOFI-DEFI. “WhiteBIT shouldn’t be solely one of many largest and most respected exchanges in crypto, however they’re a longtime and compliant centralized trade (CEX) in Europe and we’re joyful to supply our neighborhood a premium low charge buying and selling different.”
Providing a fiat cost gateway, WhiteBIT meets EU KYC and AML necessities. It fees one of many lowest buying and selling charges for its crypto-to-crypto in addition to crypto-to-fiat transactions. By way of safety, the trade deploys innovative applied sciences and holds 96% of all property on chilly wallets.
Providing SMART staking for passive earnings, the platform additionally gives Cease-Market and Cease-Restrict Orders with fast deposits and withdrawals carried out by Sprint InstantSend. WhiteBIT is at present one in every of solely six exchanges on the planet with a full-fledged margin buying and selling terminal. Its user-friendly and dependable interface is appropriate for each newbies and professionals.
WhiteBIT buying and selling schedule particulars are as follows:
Deposit：16:00 on August 26, 2020 (UTC)
Buying and selling LOFI/USDT: 16:00 on August 27, 2020 (UTC)
Withdrawal: 16:00 on October 03, 2020 (UTC)
Open an account on WhiteBIT with the next referral hyperlink:
WhiteBIT is a centralized crypto-to-fiat trade trusted by 500Okay+ customers from 190 international locations. It has the European Alternate and Custody licenses and is taken into account to be one of many most secure platforms for buying and selling and holding property. https://whitebit.com
Web site: https://lofi-defi.com
Robert Tedders, TokenCulture.com
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