Ascendex

11/18/2022

🤖️TL;DR: Automatic Market Makers are protocols that use asset pairings in liquidity pools to facilitate asset swaps.

In today’s Discover:
💻The basic algorithm
💰Liquidity Pools (LPs)
⛰️The goal of

👇Learn More
https://ascendex.media/3gc6IUZ

Have you been in the trustless area of crypto? Then you’ll have already been exposed to protocols like Uniswap, Orca, or 1inch. These are decentralized exchanges that use algorithmic market-making to provide liquidity. Briefly Explained Automatic Market Makers are protocols that use asset pairings...

11/17/2022

🥞Compare to other competitors, Maple Finance appears to have finally found a way to link TradFi, DeFi, and CeFi with Retail.

Today’s Discover:
❓How does Maple work?
🤝Relationship with Retail
💰$MPL token

👇Learn More
https://ascendex.media/3EFPB7a
👇Buy $MPL
https://ascendex.media/3TLfkzs

The landscape for lending and borrowing in crypto is hyper-competitive. There are few organizations that have managed to crack the rails between larger institutions, while simultaneously linking this with permissionless retail crypto investing. Crypto Twitter is always abuzz with “the institutions...

11/15/2022

🎨 We already analyzed the hype behind the NFTs. Now let's deep dive into some NFT terminology!

In today's Discover:
🔑Public and Private Keys
📖Zero-Knowledge Proofs
🪪Digital Identities (DIDs)

👇Learn More
https://ascendex.media/3EwoETg

There are three main concepts I want to lightly introduce and then expand upon. I will be attempting to peek into the future of NFTs, and find the non-BAYC, monkey-free layer of sweet, sweet future tech. Don’t worry if this seems overwhelming at first; it’s all really quite simple. In fact, from...

11/13/2022

📷 is one of the most popular urban exploration photographers, and probably the most popular one in the space.

Today’s Discover:
👀 Isaac Wright
🎨 “Where My Vans Go”
🔍 “First Day Out”

👇Learn more
https://ascendex.media/3hwovGG

Get Busy NFTing or Get Busy Dying: Isaac ‘Drift’ Wright Drift, the artist formally known as Isaac Wright, is one of the most popular urban exploration photographers. He’s probably the most popular urban photographer in the NFT space. Though his career is still young, his early life tested his ...

11/10/2022

🤔️L2 is not just for ETH. It’s a blockchain scalability solution that enables increased throughput and cheaper transactions on its associated L1.

Today’s Discover:
❓Why do we need L2s?
💡What are L2s?
⛓️Types of L2s

👇Learn more
https://ascendex.media/3fKPEVG

What are Layer 2s? A Layer 2 (commonly abbreviated as L2) is a blockchain scalability solution that enables increased throughput and cheaper transactions on its associated layer 1 (L1) while maintaining the security guarantees of the base blockchain. L2s may theoretically be associated with any L1,....

11/08/2022

🎉 Your step-by-step guide to earning SAT rewards with our brand-new user rewards program!

Featured in today’s Discover:
👣 Keeping track of your rewards
⛽️ Boosting your rewards
👛 Redeeming your rewards

Learn more 👉 https://ascendex.media/3UDXv69
Start mining $BTC 👉 https://ascendex.media/3hao2cO

AscendEX SAT Rewards and Bitcoin Mining rewards you with BTC for completing tasks on the AscendEX site. These tasks range from easy ones, such as logging onto the site once a day, to difficult ones, such as making a trade worth over 5000 USDT. After completing a certain number of tasks, you can then...

11/08/2022

Do you know the denomination of a Bitcoin: The Satoshi?

Featured in today's discover:
❓ What is a Satoshi?
⛽️ SATs in Action
🎉 Good news! AscendEX's New User Promotion program gives you the opportunity to earn SATs 👉 https://ascendex.media/3hao2cO

👇Learn more
https://ascendex.media/3FPz5CG

Journey to your First Bitcoin: The Satoshi Two years ago, everyone enjoyed the bull run up from 10K USD to 60K USD for Bitcoin. It was a euphoric pump in price that most people missed out on. Whether you achieved financial freedom or not, two things were clear: People believe in BTC. They are willin...

11/07/2022

⛰️ Notice something new?

It's our brand-new user rewards program👉 https://ascendex.media/3hao2cO

11/04/2022

Here's this week's !

💰 begins moving $USDC reserves into a new BlackRock fund

Circle, one of the issuers of the USDC stablecoin, has an agreement with BlackRock to manage its USDC reserves. The two parties announced this week that the reserves will be moving into a dedicated fund set up by BlackRock.

However, the new fund will be temporary, as the ultimate goal is for BlackRock to place Circle’s funds into the Federal Reserve’s reverse-repo program.

https://bit.ly/3TboIfo

🏦 JPMorgan Chase & Co. executes its first DeFi trade using a public blockchain

JPMorgan Chase executed its first live trade on a public blockchain, signaling a tacit retreat from its long-held private blockchain approach.

The trade occurred as part of the Monetary Authority of Singapore (MAS) Project Guardian pilot. The two trials leveraged Aave and Uniswap on the Polygon blockchain.

For FX transactions, JPMorgan successfully tokenized Singaporean dollar (SGD) deposits, while SBI Digital Assets tokenized Japanese yen (JPY) assets.

In the second trial, DBS and SBI Digital Assets traded against liquidity pools of tokenized government bonds with DBS tokenizing SGD and Singapore bonds. SBI did the same for Japanese bonds and JPY currency.

https://bloom.bg/3WxjGg1

📱 Instagram plans NFT minting, trading tools

Instagram will soon offer built-in NFT creation and trading tools, but said in-app purchases will be “subject to applicable app store fees.”

At launch, Instagram will use the Polygon blockchain for NFT minting. The app will also pull NFT metadata from OpenSea so collection names and descriptions can be viewed on Instagram.

Today, Facebook and Instagram support displaying NFTs on the Ethereum, Polygon, and Flow blockchains, allowing users to connect their wallets to their accounts to display NFTs. Support for Solana and Phantom wallets is coming.

https://bit.ly/3sXPtcq

11/02/2022

⚛️ Cosmos ($ATOM) recently released a new whitepaper, ATOM 2.0.
Let’s deep dive into the ecosystem!

In Today’s Discover:
🔍Cosmos 1.0 recap
🛡️Cosmos Security
⛓️Interchain Allocator

👇Learn More
https://ascendex.media/3TXjh55

Cosmos ($ATOM) recently released a new whitepaper that provides a renewed roadmap for the “Internet of Blockchains.” The whitepaper, aka ATOM 2.0, goes through several key changes to the Cosmos Hub and details how they will impact the broader Cosmos ecosystem and $ATOM. Cosmos 1.0 Recap Cosmos.....

10/25/2022

📱The future of is your mobile device!

Featured in today’s Discover:
🔍Top 3 crypto phones to explore
🪀dApps
❓The main difference between the phones

👇Learn More
https://ascendex.media/3D9Vbg6

Mobile is first, always. At least that’s what they tell you on nearly any podcast, founder interview, or from people trolling on Twitter. The future crypto growth markets are most likely to emerge from countries located outside the G7 nations. It is more and more obvious that mobile dApps are the ...