Ethereum

Amulet Announces Adoption of the Bancor Protocol for Decentralized Token Liquidity

Amulet is pleased to announce its plan to become a member on the Bancor Network through its activation of a Relay Token, which will provide Amulet Token holders with continuous liquidity. This integration supports Amulet’s efforts to optimize the usability of its platform for its customers’ success. Amulet will allocate 2% of total supply 14 days after the conclusion of the AMT token sale.

The integration allows the Amulet ERC20 token, known as Amulet Token or “AMT”, to be continuously converted to and from other Ethereum ERC20 tokens in the Bancor Network instantly and on-chain directly from a user’s Web3 wallet, without needing to match buyers and sellers.

Amulet is a crypto-to-crypto derivatives trading platform where trades are made and settled in AMT tokens. Amulet prioritizes platform functionality by educating its users on how to trade via video tutorials and trading strategy webinars led by expert analysts. In addition, the integration allows Amulet users to fund their accounts and begin trading instantly with no waiting or confirmation times. On Amulet’s educational edge and operational efficiency, Managing Director Marouane Garçon, remarked:

“We’ve worked to simplify derivatives so that anyone can understand them. It’s as easy and straightforward as filling in a sentence. Most notably, the Bancor integration stands to significantly streamline the trading process.”

Bancor Protocol is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “Connector” method to enable formulaic price calculation and continuous liquidity for all compliant tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. For more information, visit the website and read the Bancor Protocol white paper.

Amulet’s pre-launch is currently underway and will launch a public Token Generation Event (TGE) on April 1st. For additional information, please visit www.TradeAmulet.com.




Source link
Show More
Loading...

Leave a Reply

Pin It on Pinterest

Share This

Share this post with your friends!

Close