Конвертация WhiteBIT Coin WBT в f(x) Protocol FXN

What is WhiteBIT Token? WBT is a utility token of the largest European cryptocurrency exchange, WhiteBIT. The platform was established in 2018 and has already become one of the leading crypto exchanges with 3+ mln users worldwide. WhiteBIT’s goal is to contribute to the mass adoption and popularization of blockchain technologies by implementing the most effective trading and staking tools on the most convenient terms. The most popular and efficient trading orders for spot and margin trading, up to 20x leverage for margin and perpetual Bitcoin futures trading, unique passive income tools, a referral program, and the lowest trading fees on the market are only part of the functionality available on WhiteBIT. Discover the full potential of the platform at the link: WBT is a full-fledged product of the whole WhiteBIT ecosystem that is integrated into all WhiteBIT services, making it easier for the users to interact on the platform. WBT is a solid base for dozens of blockchain startups, new projects, and fruitful trading. Moreover, WhiteBIT Token is a reliable asset that can be used for staking on its native platform, which provides numerous perks to its holders and owners. Key advantages: increased referral interest rate (up to 50%); decreased trading fees; free daily ERC-20/ETH withdrawals; free daily AML checks; integration with the current and future products of WhiteBIT and much more. WBT tokenomics The token supply is limited to 400 000 000 WBT, with no new tokens to be created in the future. 200M of this amount is treasury tokens that are backing the total amount and will be unlocked within the next three months after the launch. Trading competitions, airdrops, bounties, beneficial holding programs, and access to the token from other exchange platforms are part of activities associated with the WBT cryptocurrency available on WhiteBIT.

f(x) Protocol is a decentralized stablecoin and leverage trading system on Ethereum. Its core product is fxUSD, an overcollateralized stablecoin backed solely by stETH and wBTC, with no off-chain custody. Users can borrow fxUSD against stETH or wBTC collateral for a flat one-time fee, or open leveraged long and short positions on ETH and BTC, which loop fxUSD against the same collateral for up to 7x exposure. Both paths mint fxUSD against the same backing. Yield is generated from two real sources: stETH staking rewards on the underlying collateral, and fees paid by borrowers and leverage traders. That yield flows to the Stability Pool, where users can deposit fxUSD or USDC to earn it. The yield is organic, with no FXN emissions or token inflation funding it.