AscendEX Weekly Roundup | Aug. 21 — Aug. 27, 2021

Our One Minute Digest

Aug. 21, 2021 — Aug. 27, 2021

Platform Update

AscendEX has a total of 201 tokens listed and provides innovative product offerings such as: ASD Investment Multiple Cards, Airdrop Multiple Cards, Staking Services, and more.

• AscendEX listed SifChain (ROWAN) under the trading pair of ROWAN/USDT on Aug. 24, 2021. SifChain’s DEX offers a low slippage omni-chain solution with higher LP rewards than competitive DEXs. Compared to other DEXs, SifChain is an Omni-chain protocol, rather than a typical bridge; moderate pricing is achievable by pulling the pricing of token pools from peg chains.

Promotional Events and Activities

• SifChain (ROWAN) Promotional Event: Stake BTC, ETH, USDT, and USDC to share a ROWAN airdrop worth 30,000 USDT & Trade ROWAN to share a prize pool worth 90,000 USDT.
• The “Wednesday Lucky Draw”: Execute cash, margin, or futures trades and retweet the “Lucky Draw” event poster to win pooled rewards worth 20,000 USDT.
• Margin Trading Event: Execute a margin trade, retweet the event, refer a friend to sign up, and complete the registration form to share a reward pool of 20,000 USDT.
• New LTC, ATOM, EOS, and BSV-Perp Futures Promotions: Complete one futures trade of LTC, ATOM, EOS, or BSV-Perp to receive up to 25 USDT & Execute daily trades to earn up to 20 USDT.
• Futures trading bonus has been upgraded: New traders will win up to 220 USDTR.

AscendEX Ecosystem

• Distribution Pool of 5,235,400 USDT
• Total Effective Investment Quota: 448,106,695 ASD
• Total Est. Daily Profit — 1M ASD (BTMX), Total Est. Weekly Profit: 455 USDT
• A diverse global community with over 89,647 users

DeFi Project Highlights

• Port Finance (PORT): Stake PORT to earn rewards of 100% est. APR.
• iTrust (ITG): Pre-stake ITG to earn rewards of 50% est. APR.
• Curve (Polygon) Defi Yield Farming: APY of the Curve (Polygon) — USDC Mining product will be raised by 10% for one week, taking place between Sept. 1 at 12 a.m. through Sept. 8 at 12 a.m. UTC, 2021.. The added interest will be settled in USDC daily.

DeFi Yield Farming Strategies & Est Annualized Yield:

• HARD — USDX: 19.88%
• Curve (Polygon) — USDC: 8.2%

AscendEX Weekly Roundup | Aug. 21 — Aug. 27, 2021 was originally published in AscendEX on Medium, where people are continuing the conversation by highlighting and responding to this story.