YFX Announcement – Telegram
YFX Announcement
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🔈🔈🔈Live broadcast preview|Dear friends~YFX global brand ambassador will conduct online AMA livestream at CyberOne🎉🎉

Live broadcast time: July 23rd at 3:00 pm (UTC)

🔶For more details, follow https://twitter.com/YFX_Defi

👭Join the YFX user telegram group together

📍English Telegram: https://news.1rj.ru/str/YFX_EN
📍Chinese Telegram: https://news.1rj.ru/str/YFX_CN
🗣🗣🗣The second phase of YFX.COM community AMA product proposal solicitation form for solving your most concerned products problem is coming!

https://docs.google.com/forms/d/e/1FAIpQLSf6iAKzLb_zVEjXLLrgh4chmhl_8HPS0-Iw-0RUqP9axt8cyA/viewform

☄️Let’s join the telegram group to learn more about the latest product plans!

🚀English Telegram: https://news.1rj.ru/str/YFX_EN

🚀Chinese Telegram: https://news.1rj.ru/str/YFX_CN

🎊Livestream time: July 23rd at 22:00pm

🌟🌟🌟See you there!
💥💥💥The newly launched OKEx Wallet wallet supports all top EVM-compatible chains.

🌟Welcome to use OKEx Wallet to conduct contract transactions on YFX.COM.

🎯For more content, follow: https://twitter.com/YFX_Defi

👬Join the YFX telegram group together

☄️English Telegram: https://news.1rj.ru/str/YFX_EN

🔥Chinese Telegram: https://news.1rj.ru/str/YFX_CN Image To image
YFX Today’s Fund Pool APY

🧚🏻‍♀️🧚🏻‍♀️🧚🏻‍♀️Welcome your active participation: https://xdai.yfx.com/#/en/pools/?ref=&

Tutorial: https://help.yfx.com/portal/zh/kb/articles/%E8%B5%84%E9%87%91%E6%B1%A0lp%E6%8C%96%E7%9F%BF%E6%95%99%E7%A8%8B-3-6-2
Don't forget to participate in the YFX community AMA, our product VP will answer the questions that the community is concerned about.
YFX Today’s Fund Pool APY

🧚🏻‍♀️🧚🏻‍♀️🧚🏻‍♀️Welcome your active participation: https://xdai.yfx.com/#/en/pools/?ref=&

Tutorial: https://help.yfx.com/portal/zh/kb/articles/%E8%B5%84%E9%87%91%E6%B1%A0lp%E6%8C%96%E7%9F%BF%E6%95%99%E7%A8%8B-3-6-2
🔔🔔🔔Although this ensures safety, it is inevitable that the process is a bit cumbersome, especially when DEX can be used as an alternative.

🤩When using DEX transactions, users can save the cumbersomeness of CEX. Without a third party, buyers and sellers only need a known wallet address to start mutual transactions.

🗣Defi-Decentralized Finance-De-neutralized Application-Dapp
🔍🔍🔍1. What is DEX?

DEX allows two known wallet addresses to directly conduct peer-to-peer currency transactions, which is a decentralized transaction method without a third party.
🌪🌪🌪2. DEX operation mode

👉Decentralized transactions take advantage of the convenience of smart contracts to automate the implementation of agreements, allowing digital transactions between two user wallets without supervision.

👉Decentralized trading actually uses three operating modes: on-chain order book, off-chain order book, and automatic market maker (AMM).
👉YFX.COM users do not need to register, withdraw coins without review, 7*24 hours of free deposit and withdrawal, and are completely anonymous. Secondly, YFX.COM supports the access of various decentralized wallets. For example, open the imToken wallet, enter www.yfx.com in the search bar, select the online mainnet, and you can link to it and support 8 languages .
☄️☄️☄️3. Order book on the chain

🗣Generally speaking, the on-chain mechanism is that transaction orders are fulfilled on the blockchain through smart contracts, so all transactions are also very transparent and open.

🗣YFX.COM's derivatives transactions are all on-chain transactions, open, transparent, and truly no background management. Every user can view information to ensure more safety and efficiency. In addition, all users manage their wallets entirely through private keys, and the platform party cannot obtain the user's private key. The transaction, transfer, and settlement of user assets are all chained through contracts, so the security is higher.
🔥🔥🔥4. Off-chain order book

🌟Although you may think that the off-chain order book sounds the same as on-chain, the off-chain order book will be more centralized than on-chain.

🌟It adopts the open protocol of ERC-20 TOKEN transaction on the Ethereum chain of "order matching + settlement on the chain".