handleFOREX

handleFOREX

handleFOREX FOREX Rank #5962

How to invest in handleFOREX (FOREX) Token - What is it, price and staking

handleFOREX Exchanges

Exchange Market Pairs Buy
Gate.io BTC/USDT -
SushiSwap (Arbitrum) WETH/MIM -
Hotbit PPC/USDT -
What is handle.fi?handle.fi is a decentralized multi-currency stablecoin protocol that allows users to create and trade multi-currency stablecoins - the global defi FX protocol. Users of the handle.fi protocol can: - settle transactions in their local currency, eliminating foreign currency risks - borrow crypto assets in their local currency, reducing conversion fees and foreign currency risks - efficiently convert between currencies Multi-currency stablecoins - Earn rewards for providing liquidity in trading and keeping the pool in your local currency. - Earn profits from 1:1 rebate arbitrage. - Speculate on currency movements. Key features of the protocol include; multi-collateral deposits that allow capital efficiency, lower probabilities of liquidation and greater use of resources. The 1:1 redemption structure helps ensure that fxTokens maintain their fixed value. The fxKeeper pool protocol ensures efficient settlements to maintain system collateral. Partial deposit liquidations ensure that users do not lose more collateral than is necessary to maintain their debt positions. The protocol-controlled treasury generates additional returns on the collateral at stake. On average, $6.6 trillion traded each day on global forex markets, with 2020 volumes approaching $2.409 trillion. The USD is the global reserve asset and with the growth of the world of decentralized finance (defi), there has been a proliferation of USD-backed stablecoins, with trading volumes exceeding $70 billion per day. Up to this point, however, there has been very little exploration or issuance of other major decentralized stablecoins. many participants definitely want to gain access to alternative currency exposure for hedging, speculation, and perhaps even payouts. the handle protocol aims to solve these problems. the tokenFOREX is the governance token of the handle protocol. it will be distributed as a reward for protocol improvement actions by participants and will allow holders to contribute to the governance of the protocol. A total of 420,000,000 FOREX will be distributed in an initial period of 182 weeks; followed by an annual terminal inflation rate of 2.1%.