Zug, Switzerland, Feb. 16, 2021 (GLOBE NEWSWIRE) — CorionX, which is one of the renowned resources of developing and spreading the reliable cryptocurrencies and stablecoins in the world has shared its roadmap update 2021. The updates have addressed changes to the introduction of DeFi, Cross-Chain Integration, Tokenomics, Crowdfunding, and CorionX utility use cases. Also, CorionX is expanding it’s team to create more usability and value in the CorionX ecosystem.
The spokesperson of the company said, “The Company has drafted some unique features for users so that they can have a full advantage of the CorionX platform and the #MoneyInTheRightDirection movement.”
Also, he added that CorionX will be releasing the features every quarter to ensure that none of the users miss out on any feature.
Provided below is a short description to clarify community expectations.
Decentralized Finance:- Defi has made it simple and authentic for an individual to perform financial transactions trusting a third party. CorionX will roll up a massive DeFi integration in the upcoming months and implement it steadily.
Cross-Chain Integration:- CorionX has always prioritized Interoperability, Scalability, and Ecosystem. DeFi tools, Distributed Ledger Technology, and Partner Bridges are the core strength of the CorionX ecosystem. Hence, it is about to add new features to assist businesses and individuals access financial services effortlessly and more efficiently.
Tokenomics:- CorionX team has adopted a Lockup and Vesting for 240 million CORX tokens to commit long-term success to the users. This will lock up 60% of the total supply taken from various contracts for five years.
Crowdfunding:- As the CorionX ecosystem enlarges and develops bigger to forestall a huge appetite of institutional investors, retail traders, private fund managers, etc., to invest in other crypto projects and services in upcoming quarters.
CorionX Utility Use Case:- The CorionX team plans to launch a complete utility token product. This will bridge the gap between Blockchain Technology and Traditional use cases of Distributed Ledger Technology by educating users and prospects.
Let’s take a glance at new features that will launch in different quarters.
CorionX Liquidity Lockup – CorionX is working with Unicrypt to lock up liquidity on Uniswap to gain the trust of users, traders, and investors. Once implemented, this will provide effortless trading to token holders without the risk of a rug pull event.
Launching Uniswap Liquidity Pool Yield Farming incentive – CORX Yield Farming token holders are provided with an opportunity to earn up to 50+% APY by contributing to the liquidity of CORX/ETH Uniswap Pool.
Staking without lockup – Holders of the CorionX token can earn 2.5% quarterly, which is 10.38% APY from staking rewards without locking up their assets. This feature will reward users free to transact and avail benefit from the token’s utility….