Flux and Bytom Blockchain have reached a strategic partnership enriching the DeFi ecosystem and promoting blockchain interoperability!
Flux Protocol has reached a strategic partnership with Bytom Blockchain, and will support Bytom Blockchain’s $BTM on Flux Protocol’s money markets and for liquidity mining.
Bytom Blockchain Protocol is an interactive protocol of multiple byteassets. Heterogeneous byte-assets that operate in different forms on the Bytom Blockchain.
Flux will partner with Bytom to co-operate in marketing, community expansion and product development to build a promising DeFi ecosystem.
Flux will start to support cmBTM liquidity mining at 10:00 (UTC+8) on March 31st. The holder of BTM on Bytom can cross-chain their tokens to Ethreum and obtain mBTM, and then cross-chain their mBTM into Conflux Network to obtain cmBTM token for lending and borrowing, plus liquidity mining. The cross-chain marathon begins!
About Flux Protocol:
Flux Protocol is a borderless lending protocol, where low transaction fees and cross-chain interoperability are reality! Empowered by Conflux Network and developed by ZeroOne Universe, Flux provides a lending mechanism to adjust the interest rates of crypto assets in an automatic and decentralized fashion, incentivizing liquidity in the cryptocurrency market!
Bytom is a blockchain-based open-source value-exchange protocol. It aims to tokenize real-world assets, such as warrants, securities, dividends and bonds. Users can use the Bytom blockchain to create assets without limits and have these assets circulate freely.