Decentralized Finance (DeFi) Introduction

Decentralized Finance (DeFi) Introduction

DeFi has become a trending topic in the blockchain community. In contrast to the decentralization of money through Bitcoin, DeFi aims for a broader approach of generally decentralizing the traditional financial industry. The core of the initiative is to open traditional financial services to everyone and to provide a permissionless financial service ecosystem based on blockchain infrastructure. This has been enabled by decentralized technologies that have emerged in recent years.…

Chromia Incubates DeFi project Hedget Decentralized Protocol for Options Trading

Chromia Incubates DeFi project Hedget Decentralized Protocol for Options Trading

The Chromia team is proud to announce the launch of the Hedget project, a new and critical layer towards scaling the global DeFi ecosystem. Hedget believes that option products are a necessary building block for the decentralized finance sector to grow and mature. The Hedget Foundation will issue the HGET token as the native token for both governance and utility purposes. Hedget is a decentralised protocol for options trading. Through…

Chromia gets major liquidity provider to boost ecosystem growth

Chromia gets major liquidity provider to boost ecosystem growth

Alameda Research (the group behind FTX) joins Chromia ecosystem as  a Liquidity ProviderToday, we are proud to announce that Alameda Research will become one of the liquidity providers for Chromia. Chromia will be adding additional 14,245,014 CHR tokens in circulation on August 2nd 2020 and additional 1,791,003 CHR each month starting September 2020 and ending January 2021 as a part of an liquidity provision deal with…