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Dear BitQy global users: BitQy will list STN (swap transition network) at 19:19 (UTC ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) on January 31, 2021, and open the STN/USDT trading pair. Deposit and withdrawal time: January 29, 2021 22:00 (UTC ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) [About STN (swap transition network)] STN aims to build an integrated and interoperable protocol matrix for open exchange protocol applications developed based on blockchain technology, and provide a unified liquidity pool infrastructure to serve the open exchange network. STN official website: https://www.stnpro.com/STN white paper: https://www.stnpro.com/pdf/STN.pdfThanks to users worldwide for their trust and support to BitQy, BitQy will continue to provide you with a better experience and service! 【Risk Warning】 Digital assets are innovative investment products with large price fluctuations. Please judge your investment ability rationally and make investment decisions prudently.
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STN's listing of BitQy this time is another major move after the two major cryptocurrency exchanges in the world, Uniswap and Mooniswap. During the launch of Uniswap and Mooniswap, the STN price opened at $1, and the subsequent increase was as high as 47 times. After BitQy is launched, it is expected that the price will be the same as YFI.
Striving to be listed on the world's top exchanges is a partial focus of the STN team's continuous efforts, aiming to provide STN with better liquidity and wider availability. STN team members come from the top cryptography experts in the UK’s top cryptography, computing, finance, and Internet blockchain fields, with a PhD in computer science and a PhD in finance... The goal is to study blockchain technology and cryptocurrency and establish a fair The DeFi decentralized financial system provides a safe, decentralized, fair and open decentralized financial system for global users.
【Introduction to STN】 STN aims to build an integrated and interoperable protocol matrix for open exchange protocol applications developed based on blockchain technology, and provide a unified liquidity pool infrastructure to serve the open exchange network。
【STN Team】 Lvan smith PhD in Cryptography, University of Cambridge
Jared wilson Doctoral supervisor of the London School of Economics and Political Science
Jeromy anderson Master of Computer Science at Imperial College
Kelly johnson Master of Software Engineering, University of Bristol
【STN Issuance and Incentive】 The total amount of STN issuance is 50,000, the foundation locks 40%, (released in 3 years) community incentives 10%, and the total circulation is 60%.
In the past period of time, decentralized exchange agreements have shown strong growth momentum. However, most agreements lack long-term value capture methods. For example, some open financial agreements are dedicated to deep cultivation in a vertical field such as the mooniswap agreement. But the competition for open exchange agreements will ultimately be competition for liquidity.
Liquidity has always been pursued in decentralized transaction protocols. Any transaction protocol cannot avoid the problem of liquidity incentives, so it must be condensed in some way, and this is what STN is pursuing.
STN is committed to building a global and fair DeFi ecosystem, providing users with a complete decentralized financial platform, trying to build community consensus with minimal circulation, and achieving community autonomy, community building, and community win-win decentralized finance Ecology, establish the underlying foundation and entrance of a decentralized financial network, and become a bridge between users and decentralized finance.
In the future, the STN team and BitQy will continue to deepen their cooperation and are committed to accelerating the arrival of decentralized finance. By releasing the power of the blockchain, the blockchain will transform finance.
We promote this vision in a decentralized way.
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In the past period of time, decentralized exchange protocols have shown strong growth momentum. However, most agreements lack long-term value capture methods. For example, some open financial protocols are dedicated to deep cultivation in a vertical field such as the mooniswap. But the competition for open exchange will ultimately be competition for liquidity. Liquidity has always been pursued in decentralized transaction protocols. Any transaction protocol cannot avoid the problem of liquidity incentives, so it must be condensed in some way, and this is what STN is pursuing.
The STN protocol will first make the first attempt on the mooniswap. It is designed to minimize the loss of mooniswap's liquidity and create gravitational force to preserve liquidity. Because of the loss of liquidity, it may be a permanent loss.
In the future, STN will condense the liquidity of various decentralized transactions and decentralized finance in an open manner in the form of a protocol matrix, and they will be connected to each other through the STN agreement, and finally a new liquidity agreement will be formed. Bringing global assets together in a liquid way to realize the free flow of value and information flow will be an open, brand-new and continuously evolving basic financial protocol.
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STN's listing of BitQy this time is another major move after the two major cryptocurrency exchanges in the world, Uniswap and Mooniswap. During the launch of Uniswap and Mooniswap, the STN price opened at $1, and the subsequent increase was as high as 47 times. After BitQy is launched, it is expected that the price will be the same as YFI.
Striving to be listed on the world's top exchanges is a partial focus of the STN team's continuous efforts, aiming to provide STN with better liquidity and wider availability. STN team members come from the top cryptography experts in the UK’s top cryptography, computing, finance, and Internet blockchain fields, with a PhD in computer science and a PhD in finance... The goal is to study blockchain technology and cryptocurrency and establish a fair The DeFi decentralized financial system provides a safe, decentralized, fair and open decentralized financial system for global users.
【Introduction to STN】 STN aims to build an integrated and interoperable protocol matrix for open exchange protocol applications developed based on blockchain technology, and provide a unified liquidity pool infrastructure to serve the open exchange network.
【STN Issuance and Incentive】 The total amount of STN issuance is 50,000, the foundation locks 40%, (released in 3 years) community incentives 10%, and the total circulation is 60%.
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