Financial News

ComPro has started its first round of airdrop

DeFi has become the most talked about area in the blockchain and its long-term value has become a consensus across the industry.



Compared to other applications of blockchain technology, the centralized financial market that DeFi is competing in has a clear and intuitive pain spot. As everyone knows, traditional financial markets have high threshold requirements for users, with many restrictions in terms of identity, wealth and geography, and billions of people around the world are still unable to enjoy the services of centralized financial markets, especially in Africa and South America, which directly exacerbates the gap between rich and poor people in different regions of the world.
 
Data shows that DeFi-related chain-locked assets soared from $600 million at the beginning of last year to a maximum of $14 billion, a maximum increase of more than 2,200%, which is sufficient to see its popularity.
 
For example, the main battlefield of DeFi last year was in Ethereum, but the congested network, dramatically rising lending rates and expensive gas fees greatly affected the user's operating experience. There are also many applications developed based on other public blockchains such as Tron, which are not connected to each other, just like an information island. DeFi should not be a tool for a few to speculate and profit, but should help more users to participate and enjoy financial services with low threshold and freedom. The key to solving this problem is how to create a mass-level traffic portal for the industry? How to let ordinary users share the DeFi financial inclusion dividend?
 
ComPro, an overseas project launched in February, will solve this problem. ComPro is built on the Firecoin HECO public blockchain and will create a crypto asset trading ecosystem with ultra-low fees, strong interoperability, inter-blockchain integration, and ease of use. The Huobi HECO public blockchain can help people free themselves from inefficient transactions and high fees and meet the needs of all types and sizes of DeFi and digital derivative assets to "run free" on the platform.
 
In the foreseeable future, P is bound to become one of the key channels for a large number of users outside the industry to enter the cryptocurrency ecosystem and develop a high level of stickiness in their use. It will help more users reach DeFi services in full competition.
 
ComPro will soon open a 90-day liquidity pool of COPR governance tokens and liquidity pledge incentives on the MDEX decentralized exchange, with a total of 10% and 56 million COPRs as liquidity mining incentives, and the APY incentive will be significant. At the same time, the DAO community management and voting mechanism based on the liquidity pledge incentive will be launched, and the community will decide the incentive policy for long-term COPR (LP) holdings. After launching liquidity mining, ComPro will also release the CMPP (Compound Property Protocol) synthetic asset protocol and ComSwap (decentralized digital derivatives exchange) to complete the entire DeFi ecosystem.
 
ComPro is currently open for the first round of airdrops at DeFiBox and can be accessed through Huobi Wallet (https://www.huobiwallet.com/zh/about) or DefiBox (defibox.com) or CodeBank (https://codebank-m.jinse.com) to participate in getting the airdrop benefits.
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