DMM Ecosystem (DMG) Gets Listed on KuCoin!
Dear KuCoin Users,
KuCoin is extremely proud to announce another great DeFi project coming to our trading platform. DMM Ecosystem (DMG) is now available on KuCoin. Supported trading pair is DMG/USDT.
Please Take Note of The Following Schedule:
- Deposits Effective Immediately
- Trading for DMG/USDT: 18:00 on 21 August, 2020 (UTC+8)
- Withdrawal: 22:00 on 21 August, 2020 (UTC+8)
Project Summary
| Total Supply | Market Cap | Issue Date | Consensus Protocol |
| 250,000,000 | $51,973,970 | N/A | N/A |
| Circulating Supply | 24hr Volume | Issue Price | Cryptographic Algorithm |
| 43,000,000 | $6,783,296 | N/A | N/A |
* The key metric numbers are calculated as at August 20, 2020
The DeFi Money Market (DMM) provides a trust-minimized, transparent, and permissionless environment on the Ethereum blockchain that empowers users across the world to once again earn a stable and positive yield in their digital assets (ETH, DAI, USDC, USDT) through mTokens backed by a basket of interest-generating real-world assets brought on-chain into the DeFi space.
Through DMM, users can not only earn a permissionless yield on their assets, but deposits are also tokenized into mTokens which allows for composability within other DeFi applications. Users get the best of what traditional finance can offer (stable yield of real world assets) and what decentralization finance can offer (permissionless access, global reach of liquidity, composability with the rest of the industry).
The DMM DAO governance token, DMG, is the tool through which the community governs and grows the DMM ecosystem and the underlying protocol. Governance decisions may include introducing new digital assets to earn yield upon, introducing new assets to earn interest, and/or any other proposals launched by the community.
Official Website: https://defimoneymarket.com/
Whitepaper: Click to view
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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