In order to provide more token choices and a better trading experience for our users. Mexo will list XVS/USDT, KAVA/USDT, POLS/USDT trading pairs at 8:00 PM, March 9th, 2021 (CST)
Only Trading will be available for this moment.
Here you can find more info about these projects
Token intro: https://blog.mexo.io/polkastarter-pols/
Token intro: https://blog.mexo.io/kava-kava/
Kava is a cross-chain DeFi platform offering collateralized loans and stablecoins to users of major crypto assets, including BTC, XRP, BNB, ATOM, and others. Users can collateralize their crypto assets in exchange for USDX, Kava's stablecoin.
KAVA is the governance and staking asset responsible for securing the network and voting on critical parameters. Kava aims to become the "de facto DeFi platform by providing a decentralized lending platform and stablecoins compatible with major crypto assets".
Token intro: https://blog.mexo.io/es/venus-xvs/
Venus is building an algorithmic money market protocol that is exclusively on Binance Smart Chain to enable lending and borrowing of assets, as well as generation of synthetic stablecoins.
The collateral provided to Venus will be represented by vTokens (such as vBTC) which will enable users to redeem the underlying collateral as well as to borrow against it. Interest rates in the protocol are based on the utilization of a specific market with a yield curve to determine the final rates.
The protocol will also enable the minting of VAI, which is the first synthetic stablecoin on Venus that aims to be pegged to 1 USD. VAI is minted by the same collateral that is supplied to the protocol. Users can borrow up to 50% of the remaining collateral value they have on the protocol from their vTokens to mint VAI.
Venus is governed by its native token XVS, which allows holders to participate in voting on various platform initiatives such as adding new collateral, changing parameters, initiating product improvements, and more.
Thank you for your continuous support.
March 9th, 2021