Diversified DeFi Financial Protocol – Protocol 613 to go live on October 15, 2024
The world’s first open and diversified DeFi financial protocol with cross-chain machine gun pools at its core – Protocol 613 – will go live on October 15, 2024 officially.
It is reported that 613 protocol is initiated by BTCITRUM TRUST FOUNDATION PTE.LTD jointly with the global DAO technology community and has received strategic investment from Tetras Capital, aiming at breaking the barriers between traditional DeFi products through the cross-chain aggregation to enable users to easily conduct asset management and transactions between different blockchains. Through the integration of core algorithmic protocol modules, 613 Protocol comprehensively connects DeFi protocols inside and outside the ecosystem, including decentralized exchanges (DEX), cross-chain lending and borrowing, aggregated mining, prophecy machines, and cross-chain bridges, etc., which enhances the interoperability of the protocols, meets the diversified investment needs, and allows users to quickly obtain the revenues of projects on different chains.
The 613 protocol is a truly decentralized DeFi protocol, with no DAPP and no APP, truly realizing pure on-chain execution. Any user who contributes to the protocol will be rewarded, and the contributors will become the backbone of the 613 protocol in the process of developing the global financial market. After the protocol is officially launched, it will jointly promote the prosperous development of 613 protocol in the global DeFi market through 300 DAO distributed nodes around the world. Users can apply to become nodes, nodes enjoy numerous welfare subsidies, and users holding nodes in the later stage will also participate in the governance of the 613 protocol, voting and other rights and interests.
Token-B613 will be issued in the 613 protocol, with a total number of 2.1 million tokens, which will never be increased. Users will be rewarded with tokens for their daily interaction with the protocol, and the tokens can be transferred between addresses. after the B613 tokens are formally launched on the trading platform, users can withdraw them to the trading platform and trade them directly, so as to obtain the excess income brought by the rise of B613 tokens.
The 613 protocol is a new type of protocol in the DeFi market, which has real application scenarios through the construction of cross-chain machine gun pools, lending and borrowing, prophecy machines, DAOs, cross-chain bridges and other ecosystems. 613 protocol, as a global protocol with real blood-creation, opens up a new pattern in the DeFi market, allowing users to manage digital assets in a safer and more convenient way, and to realize the dynamic allocation of funds and the maximization of returns. The 613 protocol solves the problems of complicated operation and unstable returns of traditional DeFi products. Meanwhile, the 613 protocol is open, and the third-party ecology can also be developed through the 613 protocol to realize mutual assistance and win-win situation.
With the rapid development of DeFi market, 613 protocol will surely become the most important link in the process of DeFi development, bringing one-click financial experience to global users. 613 protocol will be officially launched on October 15, 2024, and it is expected that 613 protocol can become the most valuable protocol in the DeFi market, bringing more benefits to users and contributing to the development of DeFi market!
Recommended News
-
Survey: 1 in 4 Senior Executives in Uruguay Have Used Cryptocurrencies
A survey made in Uruguay across different business sectors revealed that 24% of the 49 senior executives (1 in 4) from companies in the country claimed to have used cryptocurrencies at any point in their lives. Senior Executives in Uruguay Reveal Their Level of Knowledge on Cryptocurrencies According to the consulting firm Price Waterhouse Cooper, the survey was conducted to measure the knowledge on crypto assets among senior executives from the sectors of banking and finance, technology, public services, industrial products, and public administration in Uruguay. The results revealed that 76%…
-
On the financial track, how doesGBi innovate
On the evening of December 30,Feifei, head of The Chinese community ofGlobe Financial Bi (hereinafter referred to as GBi), shared the themeof “On the financial track, how does GBi innovate” onAnypay, the marketing planning service incubated by The Blockchainproject in China, and comprehensively introduced the ecology,application and vision of the GBi project. GBi,the full name of Globe Financial, Bi, is a strategic investment bythe Singapore Financial ecological foundation platform for the globalone-stop Financial ecology, aims to block chain technology,artificial intelligence, such as large data of blessings, makeeveryone can participate in,…
-
The First NFT issued by the Li-Ning “Way of Wade” Designer , Achieved Final Transaction Price of USD$174,458 ,Drives New Trends of Sports NFT
Designer of the Li-Ning “Way of Wade” created NFT (Wizard Shop in ESSENCE), Had an Auction on Poly International Auction with the Final Transaction Price of RMB 1,127,000(USD$174,458) at Sep 26. The Surrealistic NFT Work of the Magic World under the “Essence” Series, released by Designer of the Li-Ning “Way of Wade” Big Joe, has successfully completed the NFT debut at Poly Auction and achieved great success, drives new trend of sports NFT. It is worth mentioning that the NFT work titled Wizard Shop in ESSENCE displayed at the Poly auction…
-
AI Store Voice Technology: Reshaping the Future of Human-Machine Communication
Among the many areas of artificial intelligence (AI) in stores, voice recognition and application generation technology are undoubtedly some of the most transformative advancements. These technologies have not only changed the way we interact with AI machines but also opened new channels of communication for people with special needs. This article will explore the latest developments in AI store voice recognition and application generation technologies, their applications in the real world, and their potential impact on future modes of interaction. Voice Recognition: A Leap in Accuracy The development of AI…
-
The Past, Present and Future of Institutional Bitcoin
In December of 2017, bitcoin’s price was surging, even fighting towards $20,000. Meanwhile, CNBC and the cable news set featured a constant string of crypto industry insiders bringing the space to a new audience. It was into that environment that on December 17, 2017, CME Group launched bitcoin futures. Three years on, bitcoin has punched past the significant marker of $20,000 to a high of more than $23,000. CNBC is running a bitcoin ticker, and crypto commentators are standard fare. Despite these superficial similarities, the bitcoin and crypto industry of…
-
New organizational paradigm driven by DDDS DAO blockchain technology
The full name of DAO is Decentralized Autonomous Organization, and the Chinese translation is “decentralized autonomous organization” or “decentralized autonomous organization”. According to the earlier official website of Ethereum, DAO is a group of like-minded people, an organization built around a certain mission, which coordinates and cooperates through a set of rules (smart contracts) executed on the blockchain, Finally, to achieve the mission. Historically, the concept of organization has centered around strict ownership structures. Companies began to introduce open, flat organizational structures that allowed more people in the company to…
-
Hong Kong Web3 Festival Concludes with Success: CoinW Unveils Highlight Moments in 2-Day Extravaganza
The “Hong Kong Moment”: 2023 Hong Kong Web3 Festival Convenes Global Web3 Community. Hong Kong, known as a hub for technological innovation, played host to over 100 esteemed Web3 events and conferences in April, with the pinnacle being the 2023 Hong Kong Web3 Festival. Spanning from the 12th to the 15th of April, this worldwide Web3 consensus event brought together tens of thousands of practitioners and enthusiasts from around the globe to explore the latest developments in the Web3 industry. CoinW, a prominent player in the virtual asset realm, also…
-
Asthe Insurance Industry Evolves, BIG Takes the Lead with BlockchainTechnology
Thedevelopment of China’s insurance industry started relatively late.However, as the living standards of its citizens improved, theinsurance industry went through a similar overhaul. In 2020, theinsurance industry realized 4.53 trillion yuan in premium income, ayear-on-year increase of 6.1%. Among them, health insurance isgrowing at a rapid rate. In 2020, the premium income for healthinsurance will be 817.3 billion yuan, a year-on-year increase of morethan 15%. Even so, compared with the United States, Japan and othercountries, the development of China’s insurance industry is still inits infancy. In terms of insurance depth…
-
Bitfury’s Deep Ploughing on Blockchain Mining · Coinbasis Plan Launched
Australian Bitcoin mining hardware giant Bitfury is set to expand its industry into distributed storage. FlashFX, AgriDigital and Othera will also jointly deploy the distributed storage ecological field, create the establishment and trading of distributed storage financial derivatives, and create super servers with the world’s top three server manufacturers. With the massive growth of global data. Privacy security and access speed have become the most critical issues in data storage. Bitfury and his partners plan to develop a decentralized distributed storage, data sharding and data encryption platform without downtime. Through…
-
WEB3.0’s first war why FSV is the main field
According to the data survey, it was found that in the current hot wind of the meta-universe, “whether it is a big factory or a startup team, more and more people are entering Web3.0 throughout 2022.” In the promotion of capital and various institutions, the star project FSV in 2022 also began to build FSVSWAP based on FSV smart chain, is expected to complete all main network testing and successful launch in Q4 2022, this FSV build FSVSWAP engine page based on FSV smart chain also marks the era of…
