Migrating to ZK
As we re-embark to a new product, it is proper to start on a new ecosystem. We are thrilled to announce that we are officially beginning our first step into ZK.
NBX will be a DeFi platform powered by zkRollup. Users can swap, stake, farm and use automated routing on Ethereum and zkSync.
The use of zero-knowledge proofs lets users benefit from fast transaction speed while maintaining privacy. With some dynamic features, we hope to draw a larger user base with more vibrant activity for new platforms.
Its automated routing system offers flexibility in trading as it can quickly switch between different networks while also providing reliable security. Additionally, through its easy-to-use platform and straightforward onboarding process, anyone can get started with NBX regardless of their DeFi proficiency.
Future Plans
We will focus on the fundamentals for any new platforms — attracting as much value and liquidity as much as possible in the ZK ecosystem.
In addition, we plan to take extra steps for our BYN token as it will be the central piece and engine of our ecosystem.
- Token Burning
We will burn a major portion of our supply. This will significantly improve the tokenomics of $BYN
and able to attract better token holders and speculators.
2. Opening the new website by accepting Beta users
As we open our new website, we will be actively accepting beta users for potential rewards and early access to the new features.
3. Add better token utility
Because this is a new platform, we will put BYN as the centerpiece of the engine that will drive the demand as the platform grows.
That is all for today and we are confident to build a better DeFi platform than before.
Sign up for beta now
About NBX
Previously Beyondfi, NBX is a DeFi platform that allows users to unlock the full potential of decentralized finance without limits. With prominent key partners including Huobi Ventures, Spark Digital Capital, and OKex Block Dream Fund, NBX values the decentralization and ethos of open finance.
Official Website: https://nbx.exchange/
Official Twitter: https://twitter.com/NBX_official
Official Discord: https://discord.gg/Wne3ANfDdh
