AscendEX Weekly Roundup | Aug 7 — Aug 13, 2021

Our One Minute Digest

Aug 7, 2021 — Aug 13, 2021

Platform Update

AscendEX has nearly 200 tokens listed and provides innovative product offerings such as: ASD Investment Multiple Cards, Airdrop Multiple Cards, Staking Services, and more.

• AscendEX listed Port Finance (PORT) as the primary listing under the trading pair of PORT/USDT on Aug 8, 2021. Port Finance is a money-market, non-custodial liquidity protocol on Solana. They aim to provide a comprehensive suite of lending products, including variable-rate lending, fixed-rate lending, and interest rate swap.
• AscendEX listed PolkaFoundry (PKF) under the trading pair of PKF/USDT on Aug 10. PolkaFoundry is a platform for building borderless and friction-free DeFi and NFT Dapps on Polkadot. PolkaFoundry aims to be the most efficient platform for developers to build DeFi and NFT Dapps, providing a platform for making Dapps easily accessible to mainstream end-users.

Promotional Events and Activities:

• August Promotional Event: Participate in the lucky draw to win a series of mystery prizes, including discounted BTC, upcoming AscendEX auction tranches, airdrop rewards, equal sharing of a 20,000 USDT prize pool, and more.
• Margin Trading Event: Execute 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.
• 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.
• Bonfida (FIDA) Promotional Event: net-buy, net-deposit, retweet, and complete the quiz to win pooled rewards worth 50,000 USDT.
• PolkaFoundry (PKF) Promotional Event: Trade PKF for discounted fee, -0.015% for Maker & 0.035% for Taker.
• Futures Video Contest: Submit videos for a chance to win a share of a 10,000 USDT reward pool. The top videos will be shared on all AscendEX channels, reaching millions of users.

AscendEX Ecosystem:

• Distribution Pool of 5,350,095 USDT
• Total Est. Daily Profit — 1M ASD (BTMX), Total Est. Weekly Profit: 462 USDT
• A diverse global community with over 83,582 users

DeFi Project Highlights:

• Port Finance (PORT): Stake PORT to earn rewards of 100% est. APR.
• Polkalokr (LKR):Polkalokr (LKR) Pre-Staking’s est. APR will be adjusted to 50% from August 19 at 12:00 a.m. UTC, 2021.

DeFi Yield Farming Strategies & Est Annualized Yield:

• HARD — USDX: 18.84%
• Curve (Polygon) — USDC: 10.77%

AscendEX Weekly Roundup | Aug 7 — Aug 13, 2021 was originally published in AscendEX on Medium, where people are continuing the conversation by highlighting and responding to this story.