UpDeFi Welcomes .bit To Its Ecosystem

Published on: 04.05.2022
UpDeFi Welcomes .bit

UpDeFi welcomes .bit to its ecosystem as its new partner. .bit is the first decentralized account system with broad compatibility, allowing users to register and manage the .bit accounts using any public chain address or even email.

UpDeFi and .bit share a common vision to drive the accelerated adoption of Web 3.0. Provide friendly service to users around the world.

What is .bit?

.bit provides a globally unique account system with the .bit suffix. The leading technical architecture of .bit allows both blockchain and non-blockchain users to use it without permission.

.bit’s “cross-chain” feature is achieved in a way of cryptography-level security. As a DID system, .bit meets the ultimate requirements of Web3.0.

.bit makes your asset transfer more convenient and secure. It can serve as the unified username in different Dapps as well as a portal for Dapps. .bit provides you with a decentralized personal homepage (.bit.cc). It bridges the gap between Web2.0 and Web3.0.

UpdeFi’s mission is to build a one-stop, secure, most profitable, easy-to-use, flexible YaaS platform that is comprehensive to all blockchains for users to meet all their yield needs.

UpDeFi aims to enable other projects to improve the capital efficiency they produce through their incentive programs (such as liquidity mining, transaction mining, borrowing mining, etc.). This way, other projects can pay the minimum capital cost to obtain maximum liquidity and user attention.

UpDeFi continues to develop the most secure, most profitable, and easiest-to-use yield strategies across all blockchains.

The yield strategies currently provided by the UpDeFi platform include the following categories:

  • Auto-compounding strategies
  • Yield-enhancing strategies
  • UP-staking strategies

ABOUT .bit
.bit
is a blockchain-based, open-source, cross-chain decentralized account system. Provides a globally unique naming system with a .bit suffix that can be used for cryptocurrency transfers, domain name resolution, authentication, and other scenarios.

Website | Twitter

ABOUT UpdeFi
UpDeFi is the Ultimate Yield-as-a-Service(YaaS) Platform. Strives to provide the most profitable, easy-to-use, flexible Defi service to all blockchain users for their yield needs.

Website | Twitter

RESOURCES
Medium

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