Popular on Amzeal
- Cre8te Technology is in new "Tech Central" Las Vegas
- How to Onboard Graduate Employees Remotely
- Paradies Lagardère First to Launch MishiPay's Scan, Pay & Go Technology in U.S. Airports
- Dale Carnegie & Associates Releases New Cutting-Edge Book on Leadership
- Orchestry Along with GenPoint Announce Their Partnership to Make Work Simple in Microsoft 365
- Sandline Global Adds Top Industry Talent: Brandon Mack, Esq. Joins as SVP of Analytics and Global Advisory
- Award winning tech CEO Henry Joseph-Grant joins Estonian startup Gigimot as Advisor and Investor
- AKCP Monitors HVAC Systems for Merlin Entertainments Group Facilities
- RapiTrim Resistor Trimming Systems Add More Complexity to Testing Options
- Wearable Widgets Technologies Corp. Investigates Wearables' Benefits during the Pandemic
Similar on Amzeal
- PEI Selected Three-Time Top Microsoft Gold Partner in the U.S
- BEAR Technologies Receives SOC 2 Type II Attestation
- Screening Eagle Welcomes Darren Burford as New Chief Sales Officer
- Sandline Global Broadens Commitment to Data & Analytics: Adam Poeppelmeier Joins as Director of Business Intelligence
- Syxsense Announces Server and Device Monitoring
- ASI's 23rd Annual iNNOVATIONS Conference Doubles Attendance
- Patton announces SmartNode™ session border controller series is certified for Microsoft Teams Direct Routing
- Prisido Elects Vanessa Pegueros to Board of Directors
- thomastech Announces Agreement to be Acquired by Oak Lane Partners
- Syxsense Releases Virtual Machine Host Patching Job Template
Blue Baikal Accelerates the Development of DeFi Service by Adding BBC to Liquidity Pool on KLAYswap
Amzeal News/10411633
RAFFLES PLACE, Singapore - Amzeal -- Blockchain entertainment service platform Blue Baikal released a statement that they have added liquidity pool, made of their entertainment ecosystem token BBC to the Klaytn-based DeFi service KLAYswap.
Developed by a blockchain technology company Ozys, KLAYswap is a Klaytn-based DeFi platform which consists of several advantages of the Automated Market Maker(AMM) protocols used by global digital asset decentralized exchanges like Uniswap and Balancer. This smart contract-based decentralized exchange is ranked number 9 on Coin Market Cap's DEX(Decentralized Exchanges) list.
With this addition to the liquidity pool, KLAYswap users will now be supplying liquidity to 'KLAY-BBC' pair in addition to the existing 'KETH-KLAY' and 'kDAI-KLAY'. Moreover, this move will accelerate the development of DeFi services that run on Klayn blockchain.
Before the release of the Klaytn-based DeFi platform, Blue Baikal ran a pilot DeFi program on TRON-based JustSwap for R&D purposes.
"Adding BBC to liquid pool marks the starting point of Blue Baikal's Klaytn-based DeFi service," said Clark Jang, CEO of Blue Baikal. "Using the knowledge we've gained from our pilot program, we will create a DeFi service that is friendly to the market and users and has practical value.
More on Amzeal News
As Blue Baikal specializes in the entertainment sector, the expectation is high for us to introduce various DeFi services with the advancement of the entertainment ecosystem in mind."
###
About Blue Baikal
Blue Baikal is the third space where consumers, contents, and creators around the world are connected through blockchain technology. It pursues cultural diversity and integrity in the entertainment business, as well as a fair distribution of profits.
Through active engagement of consumers and influencers, Blue Baikal will support their growth to bring a new sensation in the current entertainment industrial structure. The profits generated during this process will be fairly distributed to each participant as rewards, as well as dividends based on their contributions.
For more information, please visit https://bluebaikal.com/
Blue Baikal
info@bluebaikal.com
Developed by a blockchain technology company Ozys, KLAYswap is a Klaytn-based DeFi platform which consists of several advantages of the Automated Market Maker(AMM) protocols used by global digital asset decentralized exchanges like Uniswap and Balancer. This smart contract-based decentralized exchange is ranked number 9 on Coin Market Cap's DEX(Decentralized Exchanges) list.
With this addition to the liquidity pool, KLAYswap users will now be supplying liquidity to 'KLAY-BBC' pair in addition to the existing 'KETH-KLAY' and 'kDAI-KLAY'. Moreover, this move will accelerate the development of DeFi services that run on Klayn blockchain.
Before the release of the Klaytn-based DeFi platform, Blue Baikal ran a pilot DeFi program on TRON-based JustSwap for R&D purposes.
"Adding BBC to liquid pool marks the starting point of Blue Baikal's Klaytn-based DeFi service," said Clark Jang, CEO of Blue Baikal. "Using the knowledge we've gained from our pilot program, we will create a DeFi service that is friendly to the market and users and has practical value.
More on Amzeal News
- GEO Jobe Welcomes Randee Miller as Solution Engineer
- Singer, Songwriter, Pianist, Isabel Marcheselli Garners Generous Grant Support
- International Fine and Decorative Art Auction April 24-25
- #1 Billboard Jazz Artist Ski Johnson to Release 10th Studio Album and Tell All Movie
- PocketSuite Partners With ShearShare to Help Stylists Boost Business
As Blue Baikal specializes in the entertainment sector, the expectation is high for us to introduce various DeFi services with the advancement of the entertainment ecosystem in mind."
###
About Blue Baikal
Blue Baikal is the third space where consumers, contents, and creators around the world are connected through blockchain technology. It pursues cultural diversity and integrity in the entertainment business, as well as a fair distribution of profits.
Through active engagement of consumers and influencers, Blue Baikal will support their growth to bring a new sensation in the current entertainment industrial structure. The profits generated during this process will be fairly distributed to each participant as rewards, as well as dividends based on their contributions.
For more information, please visit https://bluebaikal.com/
Blue Baikal
info@bluebaikal.com
Media Contact
info@bluebaikal.com
info@bluebaikal.com
Source: Blue Baikal
Filed Under: Information Technology
0 Comments
Latest on Amzeal News
- GBKSOFT launches Delivery Department
- West Coast Customs icon launches "CarCoin" NFT, giving away an original WCC designed vehicle to celebrate
- PEI Selected Three-Time Top Microsoft Gold Partner in the U.S
- New Book "Educating Marston" Provides Hope for Anyone Struggling to Find Answers Raising a Child with Autism
- The Miguel Wilson Collection celebrates the grand opening of its New York City location
- Terri Ross, Renowned Practice Consultant, Joins Dozens of Industry Thought Leaders to Speak at the ISAPS Business School Program
- Sterling Watson's Deadly Sweet Released
- Chinese Language Version of IVA-QS Now Available
- PESA Taps Sara Kudrle To Lead Global Marketing Initiatives
- Ashok Komaragiri Promoted to Director of DevOps at CC Pace
- CareerEco Announces Queue Feature—A Candidate Waitlist Optimization Tool
- Anthology of Award-Winning Books Explores Global Concerns in a Child-friendly Format
- Paradigm Technology Group Joins The Evolve IP Partner Program
- Delirious Comedy Club Presents Pauly Shore Every Friday Night In April
- Better Intelligence, Better Outcomes: Navigating the e-Commerce Landscape Using Line Item
- Walmart Analytics: How to Drive More e-Commerce Sales
- Amazon Analytics: How to Drive More e-Commerce Sales
- PADT Named EOS Metal 3D Printing Distribution Partner Across the Southwest, Expanding its Established Additive Manufacturing Products Offering
- QuantumWork's Release of Two New Service Models Sees 300% Increase in Web Site / Portal Traffic
- Missy Burton Partners with Sanaa Technologies to Unveil a Stunning Augmented Reality Photographic Series at the African American Museum of Dallas