We are glad to give an update in this article about CorionX DeFi progress
The past few months were a busy period, but we are still on track. According to our plan, new features are coming in 2021 to extend our existing CORX token use cases. These features include lockup staking, interoperability, yield farming, and more earning opportunities for CORX holders. All our efforts will bear fruit very soon.
We achieved a significant milestone, listing CorionX on 4 centralized and 2 decentralized exchanges.
The world of decentralized finance (DeFi) allows users to act as a bank. Here, users can lend their crypto assets through smart contracts and collect rewards referred to as “farming” or “yield farming.”
According to our research, the popularity of DeFi and DEXes seems to be unstoppable, and this trend is getting more potent. We understood the market and our community’s demand by adding the options to trade on DEXes freely and staking liquidity for earning extra rewards.
We are proud to announce our CorionX DeFi Applications are live both on Binance Smart Chain (BSC) and Ethereum (ERC20), providing interoperability on each network. Farms are available for CORX tokens, and with time we are planning to expand them by adding other projects and receipts in a wide variety of yield earning opportunities.
Our primary goal is to provide a competitive and beneficial DeFi yield earning to our community.
- The new CORX token contract on BSC is:
In case you hold the old BSC tokens, please read this guide on how to swap.
2. Users can bridge CORX tokens from ERC20 to the BSC network back and forth seamlessly through our CORX Bridge.
3. If users prefer the Ethereum DeFi ecosystem, they can trade CORX on Uniswap in the CORX/ETH pair.
Then add liquidity to the CORX/ETH pool because once users add liquidity, they can stake the LP tokens on CORX (ETH) Farm. What’s more, they can also harvest their yield every time, but be aware of the gas fees. Further, users can also put their harvested CORX tokens into the Lock up Staking or add them to the CORX/ETH liquidity pool to reach higher yields with the power of compounding.
Access the DeFi App on ETH from here: https://farm.corion.io/
5. If token holders prefer the BSC DeFi ecosystem, they can trade CORX on PancakeSwap in the CORX/BNB pair.
Then Add liquidity to the CORX/BNB and CORX/BUSD pools. Once liquidity is added, they can stake the LP tokens on CORX (BSC) Farm. They can harvest the yield every time or put your harvested CORX tokens into the Lock up Staking. Users can also add it to the liquidity pools to reach higher results with similar compounding principles.
Access the DeFi App on BSC from here: https://app.corion.io/
Users can lock up both network’s CORX tokens in the Staking feature in their DeFi Apps.
6. In the midst of all this, be aware of the Scam Tokens sold on Uniswap and PancakeSwap. Scammers are impersonating the CORX Token.
Token contract on BSC: 0x141383CDB8158982fB3469C3e49cC82F8026d968
Token contract on ETH: 0x26a604DFFE3ddaB3BEE816097F81d3C4a2A4CF97
To avoid scams, always check official announcements through our official social media platforms, blogs, and our DeFi Apps.
Let’s farm and enjoy the benefits of the CorionX DeFi program now.
Media Contact Details:
Official bridge link: https://bscbridge.corion.io/
Learn more about CorionX — https://corion.io/
Follow CorionX on Facebook — https://www.facebook.com/CorionFoundation.
Follow CorionX on Instagram — https://www.instagram.com/corionplatform/
Find CorionX on Twitter — https://twitter.com/CorionPlatform.
Join the CorionX community on Telegram — https://t.me/corionx
Read about CorionX on Medium — https://medium.com/@Corion.
Read about CorionX on Blog — https://blog.corion.io/.
Follow CorionX on Linkedin — https://www.linkedin.com/company/corionplatform/.
Track CorionX on CoinMarketCap — https://coinmarketcap.com/currencies/corionx/
Track CorionX on CoinGecko — https://www.coingecko.com/en/coins/corionx
Trade CorionX on BitMart — https://www.bitmart.com/trade/en?symbol=CORX_BTC&layout=basic
Trade CorionX on Bibox — https://www.bibox.com/en/exchange/basic/CORX_USDT
Trade CorionX on Bilaxy — https://bilaxy.com/trade/CORX_ETH
Trade CorionX on Probit —
ATTENTION: This is not a piece of investment advice. Please ensure that you undertake sufficient risk assessment when trading newly listed tokens. All these are subject to the market’s price volatility. This article is for informational purposes only. Virtual currency is not a legal tender, the government does not back it, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are highly volatile. There is no guarantee of a stable value or any value at all.