Topic: [ANN]BYTOM: An interoperational protocol for diversified byte assets - page 6. (Read 76912 times)

Trading Protocol Update
In #MOV DeFi we have three types of trading protocols, we updated their new names, and many new features have been added.

Check out these new names:

Lightning Exchange > FlashSwap
Magnet Exchange > MagnEx
Superconducting Exchange >SuperTx

Bymov V0.2 easy cross-chain, easy trading and earn anytime

https://medium.com/bytomofficial/bymov-v0-2-easy-cross-chain-easy-trading-and-earn-anytime-891e46b0979e

BTM NOW ON BLOCKFOLIO

https://twitter.com/Bytom_Official/status/1291678478006247426?s=20

📰August Weekly Reports:
8/3 – 8/7 https://medium.com/bytomofficial/bytom-weekly-report-2020-8-3-8-7-ebed2ca899a6
8/10 - 8/14 https://medium.com/@Bytom_Official/bytom-weekly-report-2020-8-10-8-14-d95143cc958f
8/17 - 8/21 https://medium.com/@Bytom_Official/bytom-weekly-report-2020-8-17-8-21-a9970aa16298
8/24 - 8/28 https://medium.com/@Bytom_Official/bytom-weekly-report-2020-8-24-8-28-5667c376d45

https://bapp.blockmeta.com/sup
The day has come when the #BYTOM team launches their "yield farming" in the #DeFi project MOV! $SUP is the value capture token of #MOV SuperTx protocol
 The team has no pre-mining, no reservation, and no private sale!

Congratulations, Keep MOVing!!!
Full throttle, Bytom!

SUP is the value capture token of MOV SuperTx protocol (an advanced and improved AMM trading protocol other than Uniswap) and an important part of MOV DeFi protocol suite. SUP will have the governance rights of MOV SuperTx. In the future, it can：
1, determine the trading fee of the SuperTx protocol, determine the listing token Pair in liquidity pool,
2, determine the development direction of the SuperTx protocol (community proposal and voting) and so on.
3, SUP is a meaningful social experiment. Its future is determined by the community and determined by many users who own SUP. Relying on the continuous iteration and upgrade of MOV SuperTx products, SUP will also reflect its huge value.
I recommend everyone to read the full text of the news: https://medium.com/@Bytom_Official/mov-sup-liquidity-mining-debut-yield-farming-a76edf29cb83

And on Sep 17th, you can farm $SUP automatically. Only thing you need to do is adding your to these liquidity pool.

I personally recommend you try this liquidity mining. Because it's low risk and the revenue normally larger than APY 500%, and it can be 1000% APY sometimes, use stable coin is much less risk, lower profit.
The SUP can sell directly in MOV SuperTx on Sep 18th (https://supertx.bymov.io/swap)

Less than 48 hours, we will start to Farm $SUP.
You only need to deposit to the liquidity pool.

Almost 7 million USD worth of tokens have been added!

Check out: https://bapp.blockmeta.com/sup

Congratulations, Keep MOVing!!!
Full throttle, Bytom!

Mainchain (Bytom) and Sidechain (Vapor) added into AWS Marketplace
https://medium.com/@Bytom_Official/bytom-added-to-aws-marketplace-and-becomes-an-apn-partner-of-aws-aebbf4fa3ddb
Deployment of Bytom’s mainchain and sidechain solutions on AWS marketplace
With a one-click solution, users can deploy Bytom’s mainchain and sidechain in one click, and thus eliminating the cumbersome manual deployment, and easily deploy smart contracts, Blockchain explorers, and Wallet.

Bytom as one of the first blockchain projects that Mainchain (Bytom blockchain) and Sidechain (Vapor) all added into AWS Marketplace. Now developers or users who want to develop applications can easily deploy our Mainchain and Sidechain through AWS Marketplace. Alibaba Cloud and Google Cloud coming soon.

Without Oracle, the DeFi ecosystem cannot be maintained.
Many oracles currently use on-chain data aggregation on the #Ethereum, users not only pay for data services but also have to bear a large amount of gas fee. I like the solution from Bytom!
Bytom's proposed solution will significantly reduce the impact of proprietary blockchain network conditions on the Oracle service and increase the efficiency of data aggregation while reducing the cost of data aggregation.
https://medium.com/bytomofficial/a-new-solution-for-off-chain-oracle-data-aggregation-2e7a2c21c978

http://dapptotal.com/dex
DEX is part of #DeFi.Pay attention to the second place on the list! Do you know these guys? This is the #DEX version from the #Bytom team.
They are successfully working on their version of DeFi.
Know more about the #MOV? http://bymov.io

Bytom’s MOV protocol reached a strategic partnership with WOOTRADE!

Through this partnership, it will improve the user experience and liquid management of MOV.

More details: https://medium.com/@wootrade/strategic-partnership-with-mov-protocol-f93ee64f2e31

July Reports:

🗞️7/20/2020 - 7/24/2020
https://medium.com/@Bytom_Official/bytom-weekly-report-2020-7-20-7-24-e01607eb6fc5

🗞️7/27/20 - 7/31/2020
https://medium.com/bytomofficial/bytom-weekly-report-2020-7-27-7-31-a67ac03ded4a

AMA Recap | Why is MOV more than just another DEX? 
https://medium.com/@Bytom_Official/ama-recap-why-is-mov-more-than-just-another-dex-95b221614546

August 13, 11:00 am (UTC). Bytom and 8BTC founder Changjia joined the Bitkan community AMA. Chang Jia shared his opinions on how to improve the current Defi ecosystem and the future plans of MOV’s DeFi ecosystem (especially the SuperTx V2 protocol).
SuperTx V2 is a revolutionary protocol for DeFi.
https://medium.com/@Bytom_Official/ama-recap-why-is-mov-more-than-just-another-dex-95b221614546

Bytom, the next big thing in Defi

The origins of Defi

Defi, short for decentralized finance, simply refers to anything financial that happens without a cen-tralized institution as an intermediary. 

Bitcoin is a financial medium of exchange and a store of value that exists without a central issuer. Therefore, it is an example of something that falls under the category of DeFi.

Expanding on the concept of DeFi one step further, what happens when someone wants to borrow money or earn interest on their savings?  Traditionally, we would seek the services of a financial in-termediary such as a Bank.
However, the latest development in the digital currency space is attempting make available simple financial instruments, such as interest bearing deposits and loans, to everyone in a decentralized way.
By doing this, many protocols are attempting to replace traditional banks with smart contracts and, in doing so, revolutionize the exiting financial system and remove it from the power of any one cen-tralised authority.

What are Bytom and MOV?

Quietly making progress in this field is a blockchain project called Bytom.  Bytom was created as a protocol for financial and digital asset applications.  The Bytom blockchain uses BUTXO, which expands on Bitcoin’s UTXO.  Bytom also supports multi asset transactions, which is not a feature of Bitcoin.

Bytom is asset focused.  The main question it set out to solve was how to use blockchain to improve asset formation.

Bytom’s founder ChangJia speaks about the so called three-stage theory of an asset: An asset’s evo-lution will go through three stages, Solid -  liquid – Vapor.

1, Solid: The first stage is the confirmation of assets, which can be transferred as a whole after con-firmation. This process is the stage of asset solidification.

2, Liquid: The second stage is the securitization of assets. After the securitization, its liquidity is im-proved.

3, Vapor: The third stage is the tokenization of assets, otherwise referred to as “blockchainization”.  In this stage, the asset flows more easily than ever.

ChangJia believes that the vapor stage is truly realized after tokenization of assets.
This is the background of MOV, a new decentralized and interoperable DeFi protocol created by Bytom. The Bytom blockchain is focused on asset creation and MOV is focus on the circulation of those assets.

MOV DeFi VS Current DeFi

MOV has many advantages to currently available DeFi protocols that largely exist as parallel proto-cols on the Ethereum Network.
The current DeFi environment can be seen as multiple DeFi ecosystems, existing side-by-side on the Ethereum blockchain, that created by different parties, but not very consistent with each other.
Bytom is comprised of a custom made DeFi suit made specifically to communicate and inter-operate with the entire MOV ecosystem.
MOV is creating a DeFi protocol suite comprising cross-chain functionality, DEX and asset (stable-coin, synthetic asset) lending.
If you would like to find out more about Bytom and MOV, please checkout their website at https://bytom.io/en/

Bytom Weekly Report 📰 7/13/2020 - 7/17/2020
https://medium.com/@Bytom_Official/bytom-weekly-report-2020-7-13-7-17-4efb97a209a5

July’s #Bytommonthlyquiz coming!! 10 winners will share 120$ BTM coins💰!!

1⃣ Answer 2 questions👇
https://forms.gle/iUit5FogN9L53JkC9…

2⃣ Follow on Twitter
@Bytom_Official
 and
@MOV_Network
 
3⃣ Join telegram groups @BytomInternational and @bytom_announcements

4⃣ Retweet this tweet and tag 3 friends ⬇️

https://twitter.com/Bytom_Official/status/1281106080341258246

Bytom Weekly Report 📰 7/6/2020 - 7/10/2020
https://medium.com/bytomofficial/bytom-weekly-report-2020-7-6-7-10-fbf51cac87bb

Here comes the last part of our introduction to #MOV series - What problems does MOV solve? What are MOV's advantages?
#Blockchain #crosschain #DeFi #Bytom #DEX #exchange #protocol

https://twitter.com/Bytom_Official/status/1280441427059601412

#Bytom Foundation has completed the Second Coin Burn of 2020

167502.73 BTM equal to 20% of the MOV Network

#MOV’s trading fee profit has been burned🔥

Coin burn details: https://blockmeta.com/tx/6ea8d9e46e2f606647a2ac8750c9f4b7990243a4987c318de41e77213c72bf3e

MOV is listed on StateOfTheDapps ⬇️
https://www.stateofthedapps.com/dapps/mov