Fire currency HTX on-line USDe foundry and foreclosure service and introduction of daily reward for USDE currency users

Today, the world’s leading encrypted currency trading platform, HTX, announced the official launch of the USDe foundry and foreclosure service, and the simultaneous introduction of an incentive mechanism for USDe currency users to use USDe, a home-grown, encrypted dollar asset in a way that is easier and more affordable. This represents a renewed long-term commitment by the Platform to continuously build a smooth, innovative, user-centred digital asset service system。

GLOBAL CONSULTANT ON FIRE COIN HTXSun said, “Immediately introduce the casting and foreclosure of USDe to the fire currency HTX platform so that more users can easily use advanced chain financial instruments. This reflects not only our continued support for technological innovation, but also the core idea of the fire currency HTX to continually optimize user experience.”

USDe: Synthetic dollars supported by encrypted assets

USDe, launched by Ethena Labs, is a synthetic dollar asset designed for encryption ecology to provide an alternative to the traditional dollar-denominated system of encryption. Unlike traditional stabilization currencies, which rely mainly on French currency reserves, USDe is supported by Bitcoin, the main encrypted assets such as the Taifung, and maintains price stability through Delta-Neutral (neutral hedge) mechanisms。

In particular, Ethena, while holding off-the-shelf encrypted assets, establishes a corresponding hedge position in the derivatives market to reduce the risks of market volatility and to keep the value of USDe highly in line with the dollar. This chain-based risk management structure enables USDE to maintain good compatibility and portfolio in DeFi and CeFi ecology。

USDe Casting and Foreclosure Formal Firemark HTX

With the new functionality on line, the fire currency HTX users can now found or redeem USDe directly on the platform through Ethena ' s smart contract, without relying on spot order books or off-site transactions。

The service has the following advantages:

*No ceiling on size: foundry and foreclosure are not subject to monetary size limits

*Harmonization of cost structures(a) The different sizes of casting and foreclosure costs are consistent

*Increased liquidity efficiency: Users have easy access to USDE to avoid possible slip points or insufficient liquidity in secondary markets。

Through this in-house integration, users can manage their USDE holdouts more intuitively and efficiently, reduce operational complexity and enhance the overall financial experience。

U.S.D. Currency holding incentives and more benefits

In addition to foundry and foreclosure services, users holding USDE in a spot account with a fire coin HTX may receive a daily incentive from the platform to be issued in the form of weekly settlement。

This mechanism allows users to obtain passive gains through currency holding while maintaining a United States dollar-denominated asset exposure, thus further increasing financial efficiency。

At the same time, a number of USDe-related activities were launched simultaneously with the fire coin HTX, including:

*I'll make more money: The USDe demand product will be launched in the near future with the highest annualization15 per cent

*A trading carnival: From this date until 20 February, the old and new users of the Platform will have the opportunity to participate in the USDE transaction, i.e. to divide the $10,000 award pool。

The diversified design of activities further encourages users to become deeply involved in the USDE ecology and obtains real returns through its application to the Fire Money HTX platform。

Elliot Parker, Chief Operator of Ethena Labs, said: “The casting and foreclosure of HTX, which goes online inside the platform, fully reflects the user-led product concept. This function supports users of different volumes to complete the casting and foreclosure of the USDe at any time and to achieve atomic-grade settlement. The value of the fire currency HTX to the user experience also provides a solid basis for our joint promotion of a better state of encrypted currency."

Adherence to user-centred innovation

With the full-scale landing of the USDe foundry, foreclosure and currency holding incentive mechanisms, the fire currency HTX once again defines its core values for users of practical innovation services. Through intensive cooperation with Ethena, the Fire Money HTX continuously improves the trading infrastructure, while improving the efficiency of funds and the experience of liquidity, lowering the threshold of user participation in complex financial mechanisms along the chain and ensuring overall operational safety and accessibility。

For a long time, the Pyramid HTX has been dedicated to supporting high-quality encrypted primary assets and building effective bridges between centralized trading platforms and a new generation of DeFi innovations. Through transparent product design, robust technological architecture and sustained attention to real user needs, the fire currency HTX is helping global users participate more efficiently in the evolving digital asset ecology。

ABOUT FIRE MONEY HTX

ESTABLISHED IN 2013, THE FIRE CURRENCY HTX HAS EVOLVED OVER A 12-YEAR PERIOD FROM AN ENCRYPTED CURRENCY EXCHANGE TO A COMPREHENSIVE BLOCK CHAIN BUSINESS ECOSYSTEM COVERING DIGITAL ASSET TRADING, FINANCIAL DERIVATIVES, RESEARCH, INVESTMENT, INCUBATION AND OTHER OPERATIONS。

As the world ' s leading Web3 portal, the fire currency HTX provides the world ' s virtual currency lovers with comprehensive, secure and reliable values and services based on a global strategy of expansion, ecological prosperity, wealth effects and security compliance。

IF YOU NEED MORE INFORMATION ON THE BURNING CURRENCY HTX, PLEASE VISITNetwork of officialsorHTX Squareand watchXI don't knowTelegramandDiscordI don't know. If you have any further questions, please contact meglo-media@htx-inc.comI don't know。

About Ethena

Ethena is a synthetic dollar agreement built on the Ether House, dedicated to providing markets with an encrypted original currency solution USDe and an asset for global users that can be used for dollar savings。

Ethena’s synthetic dollar USDe achieves its goal as an encrypted, scalable currency form by hedgeing through bitcoin, the Taifung and other publicly approved spot assets. In particular, the mechanism combines the use of durable contracts with delivery contracts to hedge, while holding high liquidity stabilization coins, including USDC and USDT, to enhance overall stability and liquidity。

USDE is a fully encumbered asset (subject to the risk section where certain specific events may result in loss of supporting assets) and can be freely combined and used in the eco-cosm of centralized finance (CeFi) and decentralised finance (DeFi)。