AscendEX is excited to announce the Waterfall DeFi (WTF) token listing on the WTF/USDT trading pair on Oct. 21 at 1:00 p.m. UTC.
And to celebrate the Waterfall DeFi (WTF) listing, AscendEX will be auctioned on two separate auctions. The standard capped auction and uncapped auction will be held on October 20 from 1:00 p.m. KST to 2:00 p.m. UTC.
Waterfall DeFi is a platform that offers diversification through porting of profitable DeFi assets. Waterfall was one of the first platforms to offer a traditional conversion approach to DeFi, helping DeFi users profit. that is safe, stable and predictable while also providing users with products that take higher risks for more potential returns.
This entire process is carried out through the Waterfall Protocol, a yield aggregation logic that distributes returns and principals from selected pools of Defi assets in order of importance. They are arranged from highest (Senior Tranche) to lowest (Junior Tranche), where Senior users are distributed first with a pre-defined fixed return, and Junior Tranche users are distributed last. On the other hand, a much higher variable yield is obtained.
Waterfall Defi provides two layers of diversification (portfolio concentration and payment prioritization) and leveraging from within the portfolio/product without outside capital markets.
Waterfall Defi also offers liquidity pool staking where the asset price comes from the user who places their tokens in the Liquidity Pool (LP) and the price is set by a bonding curve. There are DeFi users who use LPs to trade and earn additional governance tokens in return.
The WTF token is a native token issued by the Waterfall DeFi platform, playing a direct role in facilitating protocol governance. reward platform users It is consistent with the community incentives and fee income generated by the platform.
The launch of WTF Tokens allows users to better engage with the protocol by staking their WTF tokens into a staking pool and acquiring governance/voting. and share of platform fees
When the ecosystem grows Users who have a certain number of WTF tokens staked in the protocol will be able to offer their own data transfer strategy. Once approved by the DAO, community creators can receive a structure fee equal to a percentage of the total deposit in a particular strategy.
Waterfall is bringing exciting new structured products to the DeFi ecosystem, expanding the scope of the market and making the market more efficient through diversification and listing. Waterfall is another example of AscendEX’s commitment to Growth of the DeFi Protocol project and the overall development of the DeFi ecosystem.
tracking channel
Website: https://waterfalldefi.org/
Twitter: https://twitter.com/Waterfalldefi
Telegram: https://t.me/waterfalldefi
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