okex-adds-two-more-defi-tokens-–-dia-and-pnk

OKEx Adds Two More DeFi Tokens – DIA and PNK

OKEx, the leading cryptocurrency build and derivatives trading platform has announced the checklist of two unusual tokens – DIA and PNK, belonging to Decentralised Data Asset and Kleros platforms, respectively. These most up-to-date listings additional give a do away with to the trading platform’s feature in selling frequent usage of DeFi.

Decentralised Data Asset (DIA) is a verified, clear oracles platform that offers legitimate data feeds while guaranteeing scalability. These feeds abet as inputs for DeFi applications across varied verticals in conjunction with lending & margin trading, derivatives, prediction markets, insurance, and benchmarks. The details is sourced from major sources, database hashed on-chain and made readily accessible thru oracles and API endpoints for straight forward accumulate entry to.

On the various hand, Kleros (PNK) offers an originate-provide on-line dispute probability platform that leverages blockchain technology and crowdsourcing to somewhat adjudicate disputes. Created by France based totally mostly Coopérative Kleros, the platform is currently playing a vital feature in solving disputes related to interchange checklist procedures, amongst others.

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Concerning the newly listed projects, OKEx CEO Jay Hao said, “ We’re very inspired to uncover the enormous strides being taken within the DeFi financial system” Extra adding, “With out any consideration different resolution to extinct financial providers and products grows up round us, offering folks the alternate to absorb indispensable returns on their investments, it is some distance distinguished that the condominium grows sustainably and with ethical mark data that is free from manipulation and efficient dispute probability mechanisms to guard users’ interests. To that pause, we’re chuffed to be checklist DIA and PNK in articulate to additional toughen DeFi’s growth.”

Attach trading of DIA in opposition to USDT went stay at 12: 00 PM UTC on August 18, 2020, followed by the inclusion of toughen for DIA/ETH pair an hour later. Basically the most up-to-date style also had a vastly sure gain on the token’s performance as DIA witnessed a 60% amplify in its price quickly after it went stay on OKEx.  Meanwhile, PNK build trading in opposition to USDT and ETH went stay on OKEx at 8: 00 AM and 9: 00 AM UTC on August 19, 2020 — the equal day when DIA withdrawals had been enabled on OKEx. Customers will most likely be in a spot to withdraw PNK from the platform starting up at 9 AM UTC on August 21, 2020.

At unusual OKEx has a total of 19 DeFi tokens listed on its platform, in conjunction with DIA and PNK. It also has a now now not too long within the past launched OKEx Oracle, a stable signed mark feed same to ones equipped by DIA for legitimate on-chain prices.

“With larger than $6 billion of locked price in DeFi protocols, it’s determined that we’re now now not going to uncover a retraction in DeFi any time quickly. As banks offer their clients end to-negative yields on financial savings and excessive passion rates on loans, DeFi offers an especially stunning different. We’re overjoyed to be leading the methodology alongside prominent projects like these and are aroused to uncover how some distance DeFi progresses within the long inch,” said Jay Hao.

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