XT.com announce that BLK（Black Whale）will be listed on XT.COM. BLK/USDT trading pair will be opened in Innovation Zone. XT has announced the detailed listing schedule of deposit, withdrawal, and trading.
- Deposit: 03:00 on February 14, 2022 (UTC)
- Trading: 09: 00 on February 15, 2022 (UTC)
- Withdrawal: 09:00 on February 16, 2022 (UTC)
Unlike most Defi products, BLK whale has added virtual currency ETF derivatives to the Defi ecosystem. Will the birth of BLK whale push the Defi field to a new climax?
What is BLK?
BLK whale is the first Defi protocol to create crypto ETF derivatives, implementing various ETF derivatives in Defi that cannot be done in Cefi. Users can mint ETF tokens designed to track an index of various valuable tokens from multiple exchanges around the world in real-time. BLK Whale manages the ETF tokens together through the USDB token, ensuring that there is always sufficient collateral in the protocol to cover the ETF tokens. The minting of ETF tokens is decentralized, allowing users to open positions and deposit collateral. In addition, the ETF token discloses the real asset situation of the token to support traders to trade these assets with more confidence.
BLK Whale integrates decentralized ETF derivatives into the crypto world. The first DeFi protocol, BLK Whale, manages ETF tokens by listing them against USDB and ensuring there is always enough collateral to cover the ETF tokens in the protocol.
ETF token minting is done in a decentralized manner, which allows users to open positions and deposit collateral. ETF tokens, on the other hand, disclose the real assets of the tokens to support traders in owning or trading those assets.
What features does BLK Whale offer users?
➡ ETF tokens can be minted, aiming to watch the global coin index in real-time.
➡ Mint derivatives using BLK and USDB coins as collateral.
➡ Existing or new projects can cooperate with Black Whale through governance voting.
➡ Earn APY (APR) through fixed income and various staking program tools.
➡ Create synthetic assets to gain LP, which they can use for rewards.
➡ Rewarded by providing liquidity.
➡ Vote on topics such as synthetic asset listings, fee income share, staking instruments, pao, various ETF portfolios, and BLK improvement proposals.
➡ Referral program: 3% APR as a reward.
BLK whale has added virtual currency ETF derivatives into the Defi ecosystem. There are five types in total. Users can directly purchase and trade in the DApp, and participate in different sections to obtain high returns.
Learn More about Black Whale Token:
Listing Announcement on XT Exchange: https://xtsupport.zendesk.com/hc/en-us/articles/4416490067993-XT-Will-List-BLK-Black-Whale-
About XT Exchange
XT.COM Exchange was established in 2018 and registered in Seychelles. Its operating headquarters is located in Singapore. It has operation centers in Tokyo, Singapore, Seoul and other countries and regions, and its business covers the world.
Currently has more than 3 million registered users, more than 300,000 monthly active users, and more than 30 million users in the ecosystem. Supports 100+ high-quality currencies and 300 trading pairs.
Disclaimer: This is a paid Press Release. Any information contained in this website is not proposed to be and doesn’t constitute financial advice, investment advice, trading advice, or any other advice. The NewsCrypto is not responsible to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release.