Topic: [ANN][ICO] 🚀$2 000 000 raised 🚀 Serenity - Escrow🌟. Arbitration⭐. Exchange📈 - page 3. (Read 49242 times)

Grand Capital announced integration with Serenity Escrow



We’re pleased to reveal that the first broker to adopt our system is Grand Capital, an international broker with over 10 years of experience in financial markets. The company officially confirmed its participation on Monday, October 22nd, 2018.

“It’s not a secret that there’s a problem of traders’ distrust in brokers. […] Now, thanks to the modern technology, this issue can finally be solved globally for the whole market, for companies and traders worldwide. Serenity is a wonderful project driven by young and talented people. Grand Capital became the first broker to start testing Serenity Escrow, which makes trader-broker interaction secure and transparent,” said Grand Capital CEO Stanislav Vaneev.

Not only has Grand Capital been one of our staunchest supporters from the very start, it’s also a company that shares our values and cares about transparency. This means that we can achieve more ambitious goals together and provide more streamlined service.

Currently, we’re engaged in preparation of integration of the next broker. Tell your broker about us and invite them to join our system!

Tradefora partners with Serenity-Financial to provide real-time trade-by-trade execution quality analytics



October 13, 2018 — The first of its kind service for real-time execution quality scoring Tradefora.com announced its cooperation with Serenity-Financial.com to provide real-time trade-by-trade execution quality analytics to all Serenity-Financial members.

Stanislav Vaneev, Serenity founder:

“I’m convinced that conjoined efforts of tech companies whose goal is to create a safe and transparent space for trading will lead to truly significant changes in the non-exchange market. It’s a synergy of two companies that share the same goal. We’re very happy to be working with Tradefora. This company meets the highest standards in terms of quality of the services they offer. They work with massive amounts of data, which allows analyzing the prices of trades and the quality of their execution with utmost precision. We plan to finalize the integration with Escrow within two weeks. It will become the final point in the Serenity Escrow roadmap. After that, traders will get a unique, technologically advanced, functional platform for secure and transparent trading with any broker.”

Tradefora.com provides a real-time Transaction Cost Analytics (TCA) and trade execution scorecard to all of its users, bringing out into the open any suspicious pricing or sub-par execution practices with highly visual charts.

The real-time trade verification will be conducted via an API connection. All the trades conducted within the Serenity-Financial ecosystem will be automatically pulled into Tradefora database, where they will be cross-checked against the market average prices, which will ensure that traders are getting a fair execution and best market pricing. Smart contract technology of Serenity-Financial will further allow automating the settlement of those trades that pass the verification and further more detailed review of those trades that don’t with built-in arbitration mechanism.

“We are very excited to start this cooperation with Serenity-Financial, because it creates a perfect showcase for the real-time trade verification technology. This is the first project of it’s kind in the market. Coupled with smart contract escrow, we believe that it sets a new benchmark for the retail OTC market. For decades brokers have been boasting lowest spreads and fastest execution, now we finally have the tools and infrastructure to not only verify those claims, but to settle the trades based on such real-time verification results”- mentioned Pavel Khizhnyak, Tradefora Co-founder.

How does this work?

Tradefora’s patent-pending algorithm for analysis of trade execution quality works by aggregating “mystery shopping” live trading accounts from 100+ brokers with an unlimited number of retail traders’ account data across most popular forex, precious metals, energy, CFDs and margin crypto instruments. All the tick-by-tick data is analyzed, aggregated and stored in real-time with millisecond precision to produce Tradefora Composite Index (TCI), which acts as a market average benchmark.

Tradefora’s API is based on the TradeGuard tool. TradeGuard technology evaluates each trade by comparing it the execution price against TCI market average before and after the trade with millisecond precision. The resulting 5 score levels are based on which quantile the trade price falls into in the TCI statistical distribution for the execution timestamp using Box Plots statistical method.

“The time has come for the retail OTC space to become more transparent and more mature”, stated Tradefora’s co-founder Pavel Khizhnyak. “We are looking forward to working with Serenity-Financial and bringing more transparency and accountability to the OTC space”, — he added.

About Tradefora PLC

Tradefora PLC (“Tradefora”) is an independent broker-agnostic big data company, founded in 2015 with a core mission of bringing more transparency to OTC markets through an impartial TCA and trade execution quality analytics.

If you would like to learn more about the services described here, please visit https://Tradefora.com

About Serenity

Serenity is an escrow for secure trading on OTC-markets. It’s the first system of its kind that is capable of storing the funds of investors on a smart contract and protects from various kinds of fraud and risk.

More about the escrow: https://serenity-financial.io/

Serenity Escrow 1.0



Dear friends,

We are pleased to announce that, in full accordance with our roadmap, today we are releasing Serenity Escrow 1.0. The project’s technical development has wrapped up. We have added the final strokes: withdrawal and deposit in TUSD and USDT, cryptocurrencies tethered to USD. The system is fully operational and ready for use.

From now on our developers will focus their efforts on the exchange, while our marketing and business development teams will be attracting client and new brokers and integrating them with Serenity. We remind you that as of now one broker is connected to our system, Grand Capital. We plan to attract over 20 brokers by the end of 2019.

New Escrow features

1. Withdraw funds with Escrow

We have received a lot of feedback from the members of our community asking to simply funds withdrawal in the Escrow. Just like other processes that have to do with financial transactions, our withdrawal service is implemented using smart contracts. Before transferring the money, the broker has to confirm the operation, while the trader has to confirm the arrival of funds.

We made the procedure simple and intuitive for both the brokerage and the client. You only need to make a couple of clicks for the funds to be transferred to your account.

2. Deposit in stable coins

ETH-exclusive deposit system imposed certain limitations related to Escrow usage, but now they have been eliminated. Deposit with TUSD and USDT, cryptocurrencies anchored to the USD. Value of TUSD and USDT is 1 USD. The system accepts both cryptocurrencies and the choice is entirely yours.

Follow our news!

What kinds of marketing and promotions are you planning to do to attract merchants and customers to your platform and increase adoption? Do you think about this?

Services such as Escrow are quite popular at this time, but in addition to paying with SRNT tokens for the services of your partners, I think some trading on the exchanges of this coin is necessary. After all, the listing of any token on the top exchanges increases its value and, consequently, the price of the project itself. It is clear that now is not the best times on the stock exchanges but still need listings

Serenity Escrow update to be released on Thursday



Dear friends,

At the beginning of August, we announced our development plans for Serenity Escrow. This week we will present and launch 2 new functions: withdrawal of funds and deposits in stable coins.

More details will follow. Don’t miss the updates!

Patience is the key to getting profit, as long as we are patient, we will give the team a sense of optimism to continue to develop the project so that someday SRNT will be great.

Utility value of SRNT token



Hi everyone!

We got a lot of questions from our tokenholders regarding the utility value of SRNT token, especially in connection to Serenity exchange.

SRNT token in Serenity products

First of all, we want to make it clear that SRNT token is used both in Serenity Escrow and Serenity Exchange and will be used in all possible future Serenity products.

We are already accepting SRNT tokens as a possible way of paying fees for using Serenity Escrow. We accept them at the minimal price of 0.0001 ETH, and will soon start accepting them for USDT/TUSD (US dollar-tethered stablecoin) deposits at the minimal price of 0.10 USD. In case a client comes to Serenity Escrow without SRNT tokens, we will buy tokens at exchanges for at least 50% of the fees paid by the client.
All the SRNT tokens collected as part of Escrow fees will be immediately burned.

We are still finalizing the fee structure for Serenity Exchange, but we can already say that we will adopt the model used by Binance and some other exchanges: we will accept the listing fee and most other fees exclusively in SRNT tokens.

SRNT token in 3rd-party products

Besides using SRNT tokens in our own products, we’ve already signed contracts with two of our partners that they will accept up to 50% of the price of their products in SRNT tokens.

The first company, one of the founding members of Serenity, is UpTrader. For the last 10 years, UpTrader has been producing software for brokerage companies. The range of UpTrader products includes website development, online Trader’s Room software, CRM systems, cryptocurrency-related services and marketing support.

The other company is RAMM software provider. RAMM is a universal social trading platform, which allows copying trades from one account to another. The platform has an internal risk management system and the profit distribution system. 

There is no way they can maintain the price of the token bcoz all depends on the market capitalization and fast development of the project.. unless they manipulate the price which will be very bad to the project.. for the profits, they are still giving out the ETH share to all the Bankera token holder in their spectrocoin wallet each week which they're the only one that does that.. so you can as well acquire more ETH in your wallet and can also exchange to BNk token even with other coins from your spectrocoin wallet.. am just buying them both SRNT as the price drops..

Update on the development progress



In this post, we wanted to give you an update on our development efforts in July 2018.

Serenity Escrow

Withdrawal experience
First of all, we’ve been working on the final touches to the base Escrow platform, including more streamlined withdrawal experience. It’s really important for us to make this process user-friendly to both the brokerage and the client. We want withdrawals from the platform to happen as smoothly as possible. We’ve been testing several UX ideas and worked with our partners from brokerage companies to determine the best strategy to ensure a quick and hassle-free withdrawal process. Every brokerage has a unique procedure for confirming withdrawals, and we had to account for all of them.

We plan to release the updated withdrawal experience at the end of August.

USD nominated trading accounts
Second, after launching the Beta system, we got feedback from both end-users and brokerage companies that if we want the system to succeed, we need to find a way to allow trading accounts nominated in USD to be used in the system (right now we allow only ETH-nominated accounts).

We considered several ways of achieving that, but all of them seemed problematic due to high level of ETH volatility. Finally, we got an idea: beginning end of this month, we will accept TUSD (TrueUSD) and ERC20 USDT (Tether) tokens as a way of topping-up trading accounts. Both of these are what is called stablecoins, that is cryptocurrencies fully backed by USD reserves, and the price of 1 TUSD or USDT is always equal to 1 USD. And since they’re based on Ethereum network, we can fully integrate them with our smart contract and Escrow system.

You can freely choose using either TUSD or USDT, depending on your preference. While Tether (USDT) has been on the market much longer, recently it became a source of controversy due to lack of formal audits, which TrueUSD (TUSD) has.

Verify My Trade integration
Third, we’ve been working on VMT integration. Verify My Trade is a service which analyses prices of several hundred brokerage companies and can determine whether a certain trade was executed consistently with the global market, or if the execution was unsatisfactory.

Right now we’re in process of signing a formal cooperation agreement with VMT and will be releasing this new service shortly.

Serenity Exchange
We got a lot of questions regarding the lack of visible updates on Serenity Exchange. The truth is, we focused on the exchange’s engine while laying aside the front-end.

Most of the July was spent on integrating external liquidity in the Exchange platform. What does that mean? It means that we will be fully integrated with several large exchanges (right now it’s Kraken, Binance, and Okex), and when you open a position at Serenity Exchange, it will be automatically matched to positions at these three exchanges. This means, that by trading at Serenity Exchange, you will be in fact trading not only with our own clients but with the clients of these three large exchanges. This means that Serenity Exchange is more than an exchange — it’s a cryptocurrency trading broker.

We’ve made a really great progress, and it seems we will need just a couple more weeks to finalize this part of the Exchange, and then we can move on to integrating ERC20 tokens, which should be pretty straightforward, considering that we already have full Ethereum integration complete.

im very excited beta escrow is finally come, i still hodling 50k srnt in mine, i hope this release will rising the token value

Vasily Alexeev: How does Serenity smart contract work?



Recently we launched the Beta version of our Escrow system, which features the first edition of our Escrow smart-contract. You can view its source code on our GitHub.

In this post, I want to give an overview of how our smart-contract works.

First of all, the contract knows that when it accepts a transfer and has enough SRNT tokens, it should immediately burn them. This process happens absolutely automatically. In case there are not enough tokens on the contract, 1% of the transfer goes to Serenity’s wallet, and we buy and burn tokens ourselves.

But the main part of the smart-contract is the Escrow logic: the contract holds Ethereum addresses of the trader and their brokerage company. These addresses are saved in the smart-contract at the time of its deployment, and can’t be changed later, even by us. The main thing in the logic of the contract is that the funds can be transferred only to these two addresses. That means that even theoretically, no one else, not even Serenity, can get money from the contract, because it just can’t transfer it to anyone else.

How does the smart-contract know when it needs to transfer the money? It waits for two exactly matching transfer commands. These commands can be done only by brokerage, client or from Serenity’s wallet. Again, the wallet addresses can’t be changed after the contract’s deployment. The command is really simple: it specifies which amount from what is held on the smart-contract should go to the brokerage, and which to the client. When we see that the contract received a withdrawal command from one of the parties, we notify the second party about that.

For example, if there’s 10 ETH on the smart-contract, the client can issue a transfer command, requesting to transfer 9 ETH to themselves, and 1 ETH to the brokerage. But the transfer won’t be executed until exactly the same command arrives either from brokerage or Serenity. This procedure ensures that each transfer decision is approved by at least two of the three parties: brokerage, client, and Serenity.

This simple and straightforward structure of the contract ensures that it’s secure and can be easily audited.

Has Serenity COINS been listed on the YoBit and IDEX exchanges?If you really need it, you can buy it here.https://yobit.net/ru/trade/SRNT/BTC#7D

Try to get listed on qryptos !
https://qryptos.zendesk.com/hc/en-us/articles/360003850171-Token-listing-process-and-requirements

Congratulations to all the team 👍😁👌

We unveil the Serenity escrow beta



Dear friends,

Serenity has announced the launch of the beta version of escrow for financial markets.

This is the first system of this kind that is able to store investors’ funds on a smart contract and protect them from any fraudulent activity and risks.

Beta version of escrow contains a publicly available smart contract, which stores customer funds. The smart contract code can be found on GitHub. At first, customers will be able to make deposits only in Ethereum.

Serenity team has extensive experience and knowledge of the foreign exchange industry and owing to that we can anticipate that the system will become the authority that guarantees a reliable trader-broker relationship. Serenity developers were guided largely by the needs of Forex traders when creating the escrow.

According to the founder of the project Stanislav Vaneev: “Escrow, which is being created by the Serenity team, is a universal instrument that can be used for mutual settlements in any sphere of business, which expands the scope of the system and increases its appeal. Now the team is developing the proprietary Serenity exchange, the beta version of which is expected to be released this fall. The development of escrow and exchange takes place in full accordance with the roadmap which can be found on Serenity website.

Anyone can test our escrow system. In order to do this, you will need to open a Standard trading account with Grand Capital broker, which you can use to trade major currencies and single stocks CFDs and deposit at least $50. At the moment, deposits and withdrawals of funds are carried out only in Ethereum. You can open an account and deposit funds in Serenity Member’s Area.

Follow the progress of the exchange and escrow development on Serenity Telegram channel and in the Roadmap section on our website. We would also like to remind you that SRNT tokens can be used to pay for escrow services and as a partial payment for services of partner companies.

Dear admosfir,

We are working on it! We are trying to get good exchanges for a good price, otherwise we would have to give up the project and waste all money on exchanges.

this project is really a successfully project, but until this time i haven't seen this token on any exchange? when this token will be listed?

Serenity Escrow to be released on July 11th, 2018



Dear friends!

We are steadily making progress to implement the projects outlined in our roadmap and next Wednesday we will release the first build of our Escrow. As planned, the first version will have the following features:

• As a part of our Escrow system, we will publish the smart contract for the storage of clients’ funds. At first, deposits will be available only in Ethereum.
• Initially the system will support one broker, our long-time partner Grand Capital.
• Every user will be able to test our Escrow having opened a Standard account for trading currency and CFDs on stocks of major companies. Minimum deposit is $50 at the current rate of Ethereum.  Users will be able to perform all actions, from opening of accounts to making deposits in the Member’s Area on Serenity website.

Vasily Alexeev, Serenity CTO:

“Beta version is just the first step in a project’s development. This milestone is very important to us, because now we will be able to regularly show our progress to the community, launch new features while improving the existing ones. I would like to thank all members of our community for their patience and faith in our project.”

We remind you that although the exchange was not included in our initial plan, it will be developed nonetheless. Follow the progress of its development on our official Telegram channel or check Exchange section in the roadmap on our website.

Update on Serenity Escrow development progress



Dear friends!

We are excited to announce that the development of Serenity Escrow beta version is almost complete and the release will happen as early as next week. We will announce the exact release date soon. Follow the news!

Earlier this week, we have released the new website where you can learn everything about our plans and the development process.