Band (BAND), Chromia(CHR), Joe (JOE), Civic (CVC), & TrueFi(TRU) are Listed on CoinTR!

Cointr

2024-10-16 23:00

Dear CoinTR Users,

We are excited to announce that CoinTR will be listing Band (BAND), Chromia(CHR), Joe (JOE), Civic (CVC), and TrueFi(TRU) are listed on CoinTR! Starting from October 16 at 13:00 (UTC+3), Band (BAND), Chromia(CHR), Joe (JOE), Civic (CVC), ve TrueFi(TRU) will be available for trading in the following pairs:

What is Band (BAND)?

Band Protocol is a platform that provides decentralized oracle services for blockchain-based projects. Oracle can be defined as a technology that integrates real-world data outside the blockchain into smart contracts in a secure and verifiable way. Band Protocol aims to eliminate the dependency on centralized oracles by performing this data transfer in a decentralized manner. BAND token is the native cryptocurrency of this ecosystem. The BAND token is used to secure the network and reward data providers. In addition, those who want to become validators on Band Protocol contribute to the security of the network by staking their BAND tokens and receiving rewards in return. In this way, Band Protocol offers its users a secure, scalable and efficient oracle solution.

CMC | Official Website | Whitepaper

What is Chromia (CHR)?

Chromia (CHR) is a blockchain platform optimized for developing decentralized applications (dApps). Chromia provides developers with an infrastructure that offers flexibility and high scalability. By combining traditional database models with blockchain technology, it facilitates the creation of more complex and efficient dApps. The platform's native cryptocurrency, the CHR token, has various functions in the Chromia ecosystem. CHR has roles such as paying transaction fees on the network, being used by dApps in user interactions and contributing to the security of the network by staking. It also provides incentives to developers and supports the financial ecosystem of projects on the platform. Chromia is designed specifically for large-scale projects such as gaming and enterprise applications.

CMC | Official Website | Whitepaper

What is Joe (JOE)?

Joe (JOE) is the native cryptocurrency of the Trader Joe platform, a decentralized exchange (DEX) built on the Avalanche (AVAX) blockchain. Trader Joe offers an ecosystem where users can buy and sell their cryptocurrencies, provide liquidity, and benefit from various DeFi (decentralized finance) services. The JOE token is at the center of this ecosystem and has various use cases. The JOE token is given as a reward to liquidity providers on the Trader Joe platform, is used in staking transactions, and is required to have a say in the management of the platform. At the same time, a portion of the platform's transaction fees are distributed to JOE holders. In this way, JOE token holders directly benefit from the growth of the ecosystem. Trader Joe is one of the notable projects on the Avalanche network with its fast, low-cost transactions and user-friendly interface.

CMC | Official Website

What is Civic (CVC)?

Civic (CVC) is the native token of a platform that allows users to manage their digital identities in a secure and decentralized manner. Civic aims to make users' identity verification processes faster, more reliable and more secure. This platform limits third-party access by giving users full control of their personal data. The CVC token is used to manage identity verification requests with service providers in the Civic ecosystem. Users can perform identity verification transactions with CVC, while companies pay with CVC for access to verified identity data. In this way, Civic aims to reduce costs in identity verification processes while keeping user privacy at the highest level.

CMC | Official Website | Whitepaper

What is TrueFi (TRU)?

TrueFi (TRU) is the native token of a platform that provides collateral-free lending services in the decentralized finance (DeFi) field. TrueFi allows users to borrow money without showing collateral, and credit worthiness is determined by algorithms. This approach aims to bring the credit system in the traditional finance world to the DeFi ecosystem. The TRU token is used as the platform’s governance token, granting its holders the right to vote in important decision-making processes. In addition, lenders on TrueFi can reduce their risk and earn rewards by staking TRU tokens. This mechanism ensures the security of the platform and creates a reliable infrastructure for the unsecured lending model. TrueFi stands out by bringing an innovative approach to the lending system in the DeFi ecosystem.

CMC | Official Website

If you have any further questions, please contact CoinTR Customer Support team.

Regards,

CoinTR Team

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