The decentralized finance (DeFi) sector is rapidly growing but still faces significant challenges. For example, one of the biggest issues DeFi must address is Impermanent Loss (IL). This is a problem that can have serious consequences for liquidity providers. Today's review will examine how SMARDEX intends to solve the IL problem and end liquidity providers' unjust losses. We'll also look at all the services that SMARDEX offers and examine the project's tokenomics. What Is SMARDEX? SMARDEX is a project intending…
2,000 Fortune Bags for Bithumb Global 1st Anniversary
Bithumb Global is celebrating their 1st anniversary with a series of events named “BG Fortune Bags for 1st Anniversary”. The events will be divided into three stages, starting May 1, 2020, 00:00 through May 10, 2020, 23:59 (UTC+8).
Each Fortune Bag contains: 3USDT+2USDT equivalent of the high quality project tokens.
Event 1: 1000 Fortune Bags for Deposit
Event Rules:
- Users who register before 00:00 on May 1 and have never deposit on Bithumb Global within 60 days can get 1 “BG Fortune Bag” if they have accumulated net deposit volume ≥ 200 USDT or equivalent major tokens during the event.
- Major tokens: BTC/USDT/ETH/EOS/LTC/XRP/BCH/BSV
- Total Prize Pool: 1,000 Fortune Bags. Each user will only receive one reward. First come, first served.
- Net deposit = accumulative deposit – accumulative withdrawal.
Event 2: 500 Fortune Bags for Asset Transfer
Event Rules:
- Users who have passed the KYC2 verification are able to participate in this event.
- During the event, use the “Asset Transfer” function to transfer accumulatively ≥ 0.02 BTC or 1 ETH from Bithumb to Bithumb Global to obtain 1 “BG Fortune Bag”.
- Total Prize Pool: 500 Fortune Bags. Each user will only receive one reward. First come, first served.
Event 3: 500 Fortune Bags for Referral
Event Rules:
- Users who have passed the KYC2 verification are able to participate in this event.
- During the event, for every user who invites 1 friend to register and whose accumulated net deposit value is ≥ 200 USDT or equivalent major tokens, 1 “BG Fortune Bag” can be obtained, and up to 3 bags can be obtained.
- Major tokens: BTC/USDT/ETH/EOS/LTC/XRP/BCH/BSV
- Total Prize Pool: 500 Fortune Bags. Each user will only receive one reward. First come, first served.
- Net deposit = accumulative deposit – accumulative withdrawal
Event 4: Fortune Bags for Feedback】
Event Rules:
- During the event, fill in the following form to leave your suggestions and feedback to Bithumb Global. The Bithumb Global team will select 10 of them, and each of them will get 1-5 “BG Fortune Bag” according to the answer content.
- Form Address:https://forms.gle/wNYTrob5Pg8q2Kd68
Winners Announcement:
The winners will be announced on the official website on May 13, 2020.
Rewards Distribution:
Rewards will be distributed within 5 working days after the official announcement.
For more information, please check out their official announcement.
About Bithumb Global
Bithumb Global is Bithumb’s international platform. The exchange realized that while they had a considerable presence in South Korea, they were yet to penetrate the global market. Thus, Bithumb launched Bithumb Global to handle its international trading affairs.
Since its launch, Bithumb Global has made some significant progress in penetrating the global crypto market. In Oct 2019, the platform announced that it was looking to launch an unregulated crypto exchange in India, even as the country was still waiting to have the crypto ban lifted. Bithumb Global includes several attractive features that other exchanges lack, such as global support, low transaction fees, staking, and staging, among others.