Curated News
By: NewsRamp Editorial Staff
November 06, 2024

CoinW to List BitSmiley (SMILE) on DEFI Zone, Launches SMILE Bounty Program

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Source News Release

TLDR

  • Trade SMILE/USDT on CoinW for competitive advantage.
  • BitSmiley offers overcollateralized stablecoin and lending protocol.
  • BitSmiley empowers community through SMILE token utility and governance.
  • 10,000 USDT prize pool available for CoinW users in celebration of SMILE listing.

Impact - Why it Matters

This news matters because it introduces a bitcoin-native stablecoin protocol to the CoinW platform, providing users with the ability to participate in decentralized finance (DeFi) within the Bitcoin network. Additionally, the launch of the SMILE bounty program offers CoinW users the opportunity to engage and potentially earn rewards. This impacts the cryptocurrency community by expanding DeFi opportunities and incentivizing community involvement.

Summary

CoinW, the world's pioneering cryptocurrency trading platform, will list BitSmiley(SMILE), a bitcoin-native stablecoin protocol, on the DEFI Zone. The SMILE/USDT will be officially available for trading on November 6th 2024, at 10:00 (UTC). BitSmiley aims to reshape the Bitcoin ecosystem by offering BTC holders the ability to mint bitUSD, an overcollateralized stablecoin that provides real DeFi utility within the Bitcoin network. SMILE, BitSmiley’s governance token, empowers its holders to participate in the platform’s decentralized governance. BitSmiley is strategically positioned to expand its DeFi services across multiple BTC Layer2 solutions, with bitUSD initially launching on its first Layer2 partner. To celebrate the listing, 10,000 USDT equivalent SMILEY prize pool will be up for grabs from November 6th, 2024, at 10:00 to November 13th, 2024, at 16:00 (UTC). CoinW is a pioneering crypto trading platform prioritizing security, transparency, and user-centric principles.

Source Statement

This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, CoinW to List BitSmiley (SMILE) on DEFI Zone, Launches SMILE Bounty Program

blockchain registration record for the source press release.