AscendEX lists VERA tokens under VERA / USDT trading pair

AscendEX is delighted to announce the listing of the VERA Token (VERA) under the trading pair VERA / USDT on AscendEX starting December 1 at 2 p.m. UTC.

Vera is a decentralized protocol built on top blockchains that provides essential financial services for NFTs such as rentals, loans and mortgages, making it one of the most powerful open financial platforms for non-fungible assets .

By providing unprecedented access to NFTs and NFT funding across various blockchains, Vera enables any metaverse or market to generate new revenue streams, reinvent user experiences, and empower communities.

The loan and rental capabilities on Vera allow users to list their NFTs in the market with desired rental terms. Currently, the Vera testnet supports secured NFT rentals, requiring the borrower to post a security to rent an NFT. Unsecured NFT rentals will be available on the platform at the end of Q4 2021.

$ VERA is the original utility token for the Vera network and is configured as both an ERC-20 and BEP-20 token. $ VERA will be used to govern Vera’s rental, loan and NFT financing system when the mainnet is launched. Users can deposit VERA tokens as collateral to increase their borrowing limits for NFT mortgages.

Users who borrow $ VERA or rent Verified $ VERA NFTs can also bypass borrowing and rental fees to reduce the cost if they deposit the tokens or NFTs as collateral.

The fees collected by the Vera platform are used to burn VERA $ tokens and pay the lenders. The constant burning of $ VERA reduces its total supply, thus supporting the token price level while demand remains stable.

AscendEX is excited to list $ VERA and help continue Vera’s mission to create open, secure, and powerful NFT financial products that are also available to anyone, anywhere.

About AscendEX

AscendEX is a global cryptocurrency financial platform serving over 1 million institutional and retail traders with the resources to get more value from their cryptocurrency investments. Operating at the crossroads of centralized finance and decentralized finance, the AscendEX platform provides access to in the long term, margin and place trading, a robust portfolio infrastructure and staking Support for over 200 cutting-edge blockchain projects, all of which produce cutting-edge returns and returns, further driving the growth of the cryptocurrency ecosystem.

In its efforts to cultivate scalable and secure forms of decentralized funding, AscendEX has become a leading platform by ROI on its “Initial Exchange Offerings” by supporting some of the industry’s most innovative projects in the DeFi ecosystem. .

To learn more about how AscendEX leverages best practices from Wall Street and the cryptocurrency ecosystem to extract the highest value per dollar from its users, visit website, Twitter, Telegram, Where Average.

About VERA

Vera is the most decentralized way to rent, lend, and mortgage Non-Fungible Tokens (NFTs). Founded in 2021 and backed by notable investors in the decentralized fintech space such as Animoca brands and the Web3 Foundation, Vera’s mission is simple: to create open, secure and powerful NFT financial products that are equally accessible to everyone, everywhere.

Vera supports NFTs from major blockchains such as Ethereum, Polygon, BSC, Polkadot, and Solana. Thanks to Vera, apps like Metaverse, Games and Markets can generate new revenue streams, reinvent user experiences and empower their communities.

For more information and updates, visit the website, Twitter, Telegram, Where Discord.

Disclaimer

All information on our website is posted in good faith and for general information purposes only. Any action that the reader takes on the information found on our website is strictly at his own risk.



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