⚡🚀 [ANN][ICO] bZx: Decentralized Margin Trading Powered by bZx ⚡🚀

[Bowtiesarecool]

bZx is a protocol for decentralized margin lending and margin trading on the Ethereum blockchain. Short tokens or leverage a position using your favorite 0x relay, all from your Metamask Wallet, Ledger, or Trezor



You can go exchange assets on DEXs to capitalize on gains in price, but you can't short assets to capitalize on falls in price. Neither can you monetize the time-value of your current holdings without losing control of them. bZx makes it possible to generate passive income from your current assets without giving up control while allowing short and margin traders to enter into new types of financial arrangement



A new generation of decentralized exchanges (DEXs) has risen in the wake of the 0x revolution, addressing the security concerns of centralized exchanges, while improving on the innovations of the previous generation. However, these DEXs still remains restrictive due to their inability to support margin lending and trading, forcing market players to continue exposing their assets to security and counter-party risks.




bZx replaces the current custodial infrastructure seen at venues like Bitfinex, Kraken, Poloniex, etc. with a series of trustless smart contracts running on the Ethereum blockchain

[1713519898]

1713519898

[1713519898]

1713519898

[arifdadang34]

The appearance of this project website is very unique and has established partnerships with potential partners because there are venture capital.

[Bitchlio]

The appearance of this project website is very unique and has established partnerships with potential partners because there are venture capital.

Yes, you are right. In addition, the team is professional and looks great in it. Hopefully, this project will run smoothly and many people will be interested in this project.

[bZxTeam]

Thanks for the support. We don't have a bounty for posting in our BitcoinTalk thread, but we currently have a bounty program running on bounty0x: https://beta.bounty0x.io/hosts/bZx%20network

We encourage you all to check it out.

[bZxTeam]

We just published a major announcement: https://medium.com/@b0xNet/bzx-announces-mainnet-launch-releases-zk-labs-security-audit-and-unveils-upcoming-relay-a690cc6c7bf1

[bkrobottc]

All about this project make me impress  . I think it is great if we have bounty program.

[bZxTeam]

Introducing Fulcrum: Tokenized Margin Made Dead Simple. DeFi's Killer dApp is here with the best UX in the industry.

Read about it on Medium: https://medium.com/bzxnetwork/introducing-fulcrum-tokenized-margin-made-dead-simple-e65ccc82393f

[Krezz2017]

You wrote "bZx replaces existing depository infrastructure used in places like Bitfinex, Kraken, Poloniex, etc., with a series of unreliable intellectual contracts running on the Ethereum blockchain.". But, are decentralized exchanges effective? What is the processing speed. How much time to wait after pressing the Buy or Sell button?

[dzkrb1966]

This is interesting to me too. I have not yet seen fast decentralized exchanges, the speed depends on the speed of data processing on users' computers.

[coinporch]

just know about this project from coinmarketcap
https://coinmarketcap.com/currencies/bzx-protocol
and today this project listed on the biggest gainers coin on coinmarketcap list

[arjuna BTC]

just know about this project from coinmarketcap
https://coinmarketcap.com/currencies/bzx-protocol
and today this project listed on the biggest gainers coin on coinmarketcap list

i think the reason why the price of bZx growing and listed on the beiggest gainers coin at cmc is this news my friend
https://bzx.network/blog/bzrx-token-listed-at-kyber and https://bzx.network/blog/ieth-buyback

[TimeTeller]

just know about this project from coinmarketcap
https://coinmarketcap.com/currencies/bzx-protocol
and today this project listed on the biggest gainers coin on coinmarketcap list

i think the reason why the price of bZx growing and listed on the beiggest gainers coin at cmc is this news my friend
https://bzx.network/blog/bzrx-token-listed-at-kyber and https://bzx.network/blog/ieth-buyback

So after more than a year of inactivity in the forum, this project kicks back and still alive in the market?
Are there real investors or buyers of this token or the team is making a statement by this buyback scheme?
Because if they have loyal followers, this thread should not be silent in the past one year.
I am just curious if they do have organic growth here?

[reap_chain]

bZx protocol reached $7.5MM TVL, smart-contracts released and open-sourced, BZRX Token Model v3 Revealed. And this is just this year, we'll see what will be next.

[JuLy_A]

It was interesting to know about Fulcrum. It is the first and only completely trustless platform for margin. It does not use centralized price feeds or centrally administered margin calls.

[Bowtiesarecool]

TOKEN AUDIT UPDATE

Ahead of staking and platform launch in August, the manual audits and formal verification of the BZRX and vBZRX tokens have been completed. This audit will pave the way for the utility of the token on the platform including:

• Staking
• Fee sharing for participation in governance
• Fee mining incentives for protocol users
• Using the floating liquidity from unclaimed fees to liquidity mine BAL rewards
• Asset backing the token with the insurance fund

Read more about it HERE

[bisti]

This is going to be absolutely huge, it has just over 3000 active addresses which is a total no-brainer for me.

Just to make a clarification, token name is BZRX (bzx is platform using it)

When people find out about this gem, it will skyrocket.

Token auditing has been completed:

https://bzx.network/bzrx-token

and V2 protocol auditing is made by Certik and Pershield (very respectfull companies, their auditing is very respected and accepted everywhere)

Platform launch is expected in mid / late August and it will bury entire DEFI competition.

[bisti]

https://twitter.com/rewkang/status/1284613859722932225

whales are comming

[Grafen]

Code:

An hour ago it appears that the private key controlling the Polygon and BSC deployments was compromised, leading to loss of funds. The Ethereum deployment is under DAO control and not impacted. We will provide further updates soon.

https://twitter.com/bZxHQ/status/1456603269355094021