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Zug, Switzerland, July 20, 2022, Chainwire
today, tzBTCTezos Token has been listed Bittrex Global, One of the safest digital asset exchanges in the world. 3 additional Tezos tokens, Sirius ($ SIRS), Kolibri ($ KUSD), youves ($ YOU) will also be listed shortly. Trading for tzBTC will be available on July 21, 2022, with other tokens being announced through the official Bittrex Global channel, following the following week.
Bittrex Global continues to lead the digital asset industry as an innovative and secure provider, and Tezos’ integration further supports its efforts to provide best-in-class service to its users. An energy-efficient blockchain, Tezos was one of the original proof of stake networks and is the primary choice for brands and institutions to drive the Web3 revolution.
The Tezos tokens listed include Sirius ($ SIRS)A token that can automatically participate in liquidity baking, a decentralized liquidity pool between tez and tzBTC, given incentives at the protocol level. Liquidity baking is a new approach to bootstrap the liquidity of Layer 1 protocols that leverage the Constant Product Market-Making Contract (CPMM) between two assets (tez and tzBTC) and is listed today by Bittrex Global. increase. Each $ SIRS token purchased at Bittrex Global represents participation in the liquidity pool between tez and tzBTC.
tzBTC provides the power of Bitcoin as tokens on the Tezos blockchain. The tzBTC token can be used in smart contracts and is part of the Liquidity Baking CPMM. The tzBTC system is maintained by decentralized governance groups of financial institutions such as Bitcoin Suisse, Hex Trust, Komainu and Sygnum.
“We are pleased that Bittrex Global users are now able to keep Bitcoin secure in Tezos via tzBTC.” Bittrex Global CEO Oliver Linch.. “Token lists like tzBTC provide the Bittrex Global community with the opportunity to take advantage of Tezos’ low gas rates and participate in Tezos liquidity baking or DeFi, facilitating the exciting growth of the Tezos blockchain.”
Mason Edwards, Chief Commercial Officer, Tezos Foundation The Tezos blockchain continues to enhance the secure and robust tools used by developers and institutions around the world. The integration of Tezos tokens with Bittrex Global is a new token use case and influx of liquidity Tezos Eco. Another step towards adopting the system. “
The Tezos ecosystem is an active community of builders and creators that leverage easy-to-use developer tools to build powerful applications for the decentralized application ecosystem. The Tezos app benefits from low gas rates, cross-chain utilities, efficient DEX, and a lively NFT platform.
As the digital asset industry continues to evolve, Bittrex Global continues to be one of the safest digital asset exchanges in the world. Bittrex Global serves a variety of global retail and institutional investors with access to over 500 tokens and a variety of services. Bittrex Global plays a key role in driving the adoption of safe and decentralized ways to build wealth.
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About Tezos:
Tezos is smart money, redefining the meaning of retaining and exchanging value in a digitally connected world. A proven, self-upgradable, energy-efficient proof of stake blockchain, Tezos seamlessly embraces tomorrow’s innovations without disrupting today’s networks. For more information, please visit: www.tezos.com..
About Bittrex Global:
Bittrex Global, the world’s safest digital asset exchange, serves both individual clients and institutional investors around the world. Bittrex Global promises to help users build wealth, facilitating the purchase and trading of over 500 tokens. Using state-of-the-art technology, advanced security protocols, and a sophisticated and resilient multi-stage wallet strategy, the company provides a high level of experience for both professional and novice customers. Bittrex Global plays a key role in driving widespread adoption of safe and decentralized methods for building wealth while maintaining compliance and adhering to various regulatory measures around the world. .. learn more: https://global.bittrex.com/
Dan Edelstein, [emailprotected]
