YFX COM Bi-Weekly Update July 1st–July 15th

Highlights:

1. In accordance with the YFX.COM whitepaper, we have completed our 1st YFX token burn of 1,041,356.238 YFX .

2. YFX.COM & xDai Layer2: Deposit on ETH(xDai) to Get Bonus + Perpetual Contract Trading Competition to share 60,000 YFX Tokens

3.YFX.COM & Heco special benefits: Deposit 500U and Get 200U For Free+ Single Current Financial Management.

Data:

1. YFX.COM’s trading volume exceeded $136 million from July 1st to July 15th, and the number of transaction addresses was 3,986. The QIC-AMM mechanism of YFX.COM created a high liquidity, low slippage perpetual contract trading environment for users and provided a safe trading experience. We believe that YFX.COM will become the best choice for many derivatives trading users.

2. The top three trading pairs of YFX.COM trading volume are BTC_USDT (USDT-settled), BTC_USDT (YFX-settled), ETH_USDT (USDT-settled).

3. YFX Token distribution

Project Progress

  1. In accordance with the YFX.COM whitepaper, we have completed our 1st YFX token burn of 1,041,356.238 YFX .

Details: https://help.yfx.com/portal/en/kb/articles/yfx-com-completes-1st-yfx-burn

2. The cross-chain decentralized perpetual contract trading platform YFX.COM Layer2 (xDai) “0 Gas transaction” event is ongoing, and ultra-detailed tutorials have been launched to help you quickly conduct 0 Gas on-chain contract transactions.

YFX.COM Layer2 tutorial: Detailed Tutorial on Using YFX Layer 2(xDai Network) Through MetaMask

3. YFX.COM & xDai Layer2: Deposit on ETH(xDai) to Get Bonus + Perpetual Contract Trading Competition to share 60,000 YFX Tokens event started at 12:00(UTC) on 1st July.

Detail: YFX.COM & xDai Layer2: Deposit on ETH(xDai) to Get Bonus + Perpetual Contract Trading Competition to share 60,000 YFX Tokens

4. YFX Partnerships / Marketing

● YFX.COM & xDai Layer2: Deposit on ETH(xDai) to Get Bonus + Perpetual Contract Trading Competition to share 60,000 YFX Tokens

YFX.COM & Heco special benefits: Deposit 500U and Get 200U For Free+ Single Current Financial Management.

● YFX.COM’s global high-quality community is continuing to expand. This time we took a visit to the official CryptoZyte community and conducted a wonderful online AMA with 20,000+ members.

● YFX.COM launched CoinMarketCap(CMC) and Coingecko.

YFX.COM on CMC: https://coinmarketcap.com/currencies/your-future-exchange/

YFX.COM on Coingecko: https://www.coingecko.com/en/%E6%95%B0%E5%AD%97%E8%B4%A7%E5%B8%81/your-futures-exchange#markets

● From July 1st to July 15th, YFX.COM global brand ambassador held a lot of AMAs in major communities. YFX.COM’s global community construction has grown significantly. We hope to let more community partners understand the design concept of YFX.COM’s decentralized derivatives, recent development plans and YFX.COM’s latest actions.

● YFX token now can be traded on Sushiswap, Mdex, MXC, BitZ, COINBENE, Gate, BiKi, BigONE and Hoo.

5. Platform events:

Ended:

● YFX.COM Double Chain(Heco & Tron) Perpetual Swaps Trading Competition+ LP Mining

Period: 03/06/21 12:00(UTC)- 24/06/21 12:00(UTC)

Detail: https://help.yfx.com/portal/en/kb/articles/perpetual-swaps-trading-competition-lp-mining

On:

YFX.COM & Heco special benefits: Deposit 500U and Get 200U For Free+ Single Current Financial Management.

Period: 14/07/21 12:00(UTC) — 30/07/21 12:00(UTC)

Detail:https://help.yfx.com/portal/en/kb/articles/yfx-new-event

● YFX.COM Perpetual Contract V1.0 is Open SourcedBug Bounty Coming

Period: 08/06/21 12:00(UTC)-08/08/21 12:00(UTC)

Detail:https://help.yfx.com/portal/en/kb/articles/yfx-com-perpetual-contract-v1-0-is-open-sourced-bug-bounty-coming

● YFX.COM & xDai Layer2: Deposit on ETH(xDai) to Get Bonus + Perpetual Contract Trading Competition to share 60,000 YFX Tokens

Period: 01/07/21 -22/07/21

Detail:https://help.yfx.com/portal/en/kb/articles/yfx-com-xdai-layer2

Tutorial:Detailed Tutorial on Using YFX Layer 2(xDai Network) Through MetaMask

6. YFX Community:

The number of YFX.COM official Twitter is 27,481;

The number of YFX.COM telegram community is 29,295;

The total number of YFX.COM Chinese community has exceeded 32,000+;

This week, the YFX.COM community construction effect is obvious. Compared with June 16th to June 30th, the number of official Twitter followers increased by 5.56%. As YFX.COM global ambassador said: The YFX community has spread all over the world. Many countries in the world have communities representing YFX, and we hope that more countries and more communities will join us.

Our Telegram and Twitter numbers are soaring! Join here: https://t.me/YFX_EN

Development progress:

1. Heco launches current financing mining.

2. Fixed the display problem of the latest transaction record.

3. Fixed the display problem of the wallet icon on the front-end page.

About YFX

YFX.COM is a cross-chain decentralized perpetual contract platform based on Ethereum, Binance Smart Chain, Huobi Ecological Chain, TRON, OKEx public chain, and Polkadot. YFX provides up to 100 times the perpetual contract trading BTC, ETH and other assets. Different from the common automatic market maker model (AMM), YFX.COM adopts the QIC-AMM market maker pool trading method to provide users with high liquidity and low trading slippage. YFX.COM has successfully supported layer2’s perpetual contract trading function. YFX.COM’s goal is to build a DEX that can compete with CEXs on the derivatives trading track.

YFX official contact information:

Web: https://www.yfx.com/

Twitter: https://twitter.com/YFX_Defi

Medium:https://yfxdefi.medium.com/

Telegram: https://t.me/YFX_EN

Discord: https://discord.gg/xwAtjpabC5

Youtube:https://youtube.com/channel/UCR4m3-VfO27aQy4yc2goZvA

Facebook:https://www.facebook.com/profile.php?id=100069836976785

E-mail: Contact@yfx.com

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