Dear users:
HomiEx will list YFI, YFII, SUN, SNX, BAND, ROSE for aggregate trading at 19:00, November 24(UTC+8).
Since the YFI/USDT, YFII/USDT, SUN/USDT, SNX/USDT, BAND/USDT, ROSE/USDT is Aggregate Trading pair, the deposits & withdrawals will not be supported. Should there be further progress on the wallet support, it will be announced in the future official announcement (to know more about the Aggregate Trading Pairs, please refer to the end of this announcement).
About YFI(Yearn.finance)
The goal of Yearn Finance is simple - it's an aggregated platform that serves for lending platforms that aggregate data on product profitability, by rebalancing the data to come up with the highest profitability from contractual transactions.
Website: https://yearn.finance
Blockchain Browser: https://etherscan.io/token/0x0bc529c00c6401aef6d220be8c6ea1667f6ad93e
White Paper: https://github.com/iearn-finance
About YFII (yfii finance）
Yearn is a financial platform that supports multiple DeFi agreements, and will automatically move positions between protocols to help savers get the highest financial income. The platform aggregates the Compound, dYdX, Aave, and DDEX agreements. When users deposit, the platform will automatically allocate funds to the protocol with the highest revenue. Then yearn will give the user a proof of stake called yToken through which users can withdraw the original deposited token and the corresponding income.
Website: https://dfi.money/#/
Blockchain Browser: https://etherscan.io/token/0xa1d0E215a23d7030842FC67cE582a6aFa3CCaB83
About SUN
SUN is a social experiment filled with unlimited imaginations. It is a crucial component of the TRON DeFi. Together with the other developed decentralized finance (DeFi) projects, it enriches the whole TRON ecosystem. It may also take part in decentralized lending, insurance, liquidity, stable coins, etc. SUN is completely initiated, driven and developed by the SUN community. All of SUN’s functionalities will be implemented by open-source smart contracts, and is wholly operated by the community. The functionalities are developed based on community initiatives. All proposals and decision making are voted via SUN within the community, minority obeys majority. SUN will be deployed to the TRON Virtual Machine, becoming a nexus closely correlated with other existing DeFi projects.
Website: https://sun.io/#/home
Blockchain Browser: https://tronscan.io/#/token20/TKkeiboTkxXKJpbmVFbv4a8ov5rAfRDMf9
White Paper: https://sun.io/docs/sun_whitepaper_en.pdf
About SNX (Synthetix)
Synthetix is a new typed decentralized exchange. There are three key differences relative to most other DEXes:
1. Traders trade against pooled community collateral and not any specific counterparty
2.Traders buy and sell synthetic assets, marked to market by offchain oracles
3.Traders have native access to derivatives and investable baskets.
The SNX token acts as a foundation and backbone for this model. Before traders can participate, SNX investors stake their tokens to mint liquidity for the network. When traders execute a transaction, they pay a fee to trade against the stakers. A trader's profit adds to the global debt pool and a trader's loss subtracts from it.
Website： https://www.synthetix.io/
Blockchain Browser: https://etherscan.io/token/0xc011a73ee8576fb46f5e1c5751ca3b9fe0af2a6f
White Paper： https://www.synthetix.io/litepaper
About BAND (Band Protocol)
Band Protocol aims to create the most secure, extensible database of a decentralized world, providing trusted data for decentralized applications (DAPPS). Developers and dApp companies using Band Protocol consume data through public smart contract data points, rather than based on a centralized prognostic machine-spun off from the blockchain. In this way, dApp builds a bridge between The Use cases of Web 2.0 and Web 3.0 by leveraging existing data on the Internet while ensuring security.
Website: https://bandprotocol.com/
Block Explorer: https://cosmoscan.io
Whitepaper: https://docs.bandchain.org/whitepaper/
About ROSE(Oasis Network)
Oasis Labs Labs is committed to building a blockchain-based "cloud computing platform" that can achieve privacy protection, security, and performance. Using software and hardware integration technology of the project, it is possible to realize computing-intensive applications such as artificial intelligence on the blockchain for the first time. This goal sounds like an organic combination of Ethereum and Amazon's cloud computing service platform AWS. Oasis Labs Labs also attempts to break the current bottleneck of public chain projects in terms of scalability and privacy protection.
Website: https://oasisprotocol.org
Blockchain Browser: https://www.oasisscan.com
White Paper: https://docsend.com/view/aq86q2pckrut2yvq
About Aggregate Trading Pairs
When a user buys and/or sells currencies on HomiEx, our Aggregate trading system will automatically place the same buy and/or sell order on other exchanges. Therefore, our user is assured that the assets purchased through this process are all real assets in full reserves.
Aggregate trading is commonly used in the trading industry. The purpose of HomiEx aggregate trading is mainly to provide our users with access to new and popular assets.
HomiEx aggregate trading system uses a local and an external order matching mechanism with transaction speed and user experience that are similar to that of placing an order on other trading pairs on HomiEx.
HomiEx will evaluate the holding amount of these aggregate trading tokens later and consider docking with the project wallets for these projects with a large holding amount, to meet the deposit and withdrawal requirements of users.
Thanks for your support!
HomiEx Team
2020/11/24
Risk Warning: Investing in cryptocurrency is akin to be a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. HomiEx attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. HomiEx is not liable for investment gains or losses.
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