DMEX has reached a strategic partnership with Channels
On Jan 11, 2022, the decentralised mining platform DMEX announced its strategic partnership with Channels. Channels is a completely decentralised lending platform with emphasis on user asset security. Channels supports LP collateral loan and LP smart staking pool. Channels has been deployed on BSC and Heco chain. In the near future, DMEX and Channels will engage in full scale collaboration in DeFi asset security, user community, cross chain protocol and systematic integration of our loan products. DMEX and Channels endeavours to make further contribution to the entire DeFi ecosystem.
Channels is one of the top leading multi-chain DeFi lending platforms. Users can deposit (including single token and LP tokens) and borrow tokens on Channels, with both deposit and borrowing receiving platform token CAN rewards. As a new generation of DeFi lending protocol, Channels quickly became the world’s fourth-largest lending platform in just 7 months, the world’s largest LP mortgage lending platform, and has never had any security incident.
Channels has now launched BSC and HECO. TVL has long been ranked N0 1 on HECO. It became the second-largest lending platform on BSC on the second day of BSC’s launch. It is also the largest LP mortgage lending platform on the two platforms, and the mining revenue has long been the highest on BSC and HECO.
Github： ChannelsFinance — Overview
DMEX is the world’s first decentralized mining power financial service platform, it provides an innovative NFT tokenization service for various underlying assets such as BTC, IPFS/Filecoin, and ETH mining power based on the ERC-721 protocol.
DMEX is also compatible with multiple smart contracts and public chains based on the Ethereum architecture, such as the Binance Smart Chain and the Huobi Heco Chain. By tokenizing mining power assets into NFTs and integrating DeFi protocol,DMEX solves the transparency issue of traditional cloud mining platforms, mitigates flight risk, and improves mining power asset liquidity.
DMEX aims to construct a comprehensive mining service system and build a global financial infrastructure to satisfy the crypto mining needs of millions of users worldwide. DMEX’s core value is security, transparency, openness, and self-governance. With such a philosophy in mind, DMEX is laying a solid foundation for the upcoming Web 3.0 era and the diverse metaverse world.