BTSE is pleased to bring three more tokens onto its platform, growing the selection of quality digital assets available to its users.
- PARSIQ (PRQ)
- Qredo (QRDO)
- Ribbon Finance (RBN)
1. PARSIQ (PRQ)
PARSIQ (PRQ) is the utility token of PARSIQ, a data and automation platform that aims to connect blockchain activities to real-world applications. PARSIQ’s solution enables easy, real-time on-chain data monitoring and the creation of automated workflows for off-chain applications and devices. Its utility token PRQ currently has three main functions:
- Stake: Users can provide liquidity by staking PRQ to earn rewards on the platform.
- Rent: PRQ can be used to pay a fee to obtain expirable power tokens to unlock services.
- Swap: PRQ can be exchanged for non-expirable power tokens to unlock more features on the plarform.
Trade PRQ here.
2. Qredo (QRDO)
Qredo (QRDO) is the native token of Qredo, a cross-chain protocol that aims to re-architect digital asset ownership and blockchain connectivity. Qredo’s consensus multi-party computation (MPC) network allows features such as access to cross-platform liquidity and cross-chain settlement. Its native token QRDO can be used as an incentive for governance and staking to drive user adoption and participation.
Trade QRDO here.
3. Ribbon Finance (RBN)
Ribbon Finance (RBN) is the native token of Ribbon Finance, a protocol combining options, futures, and fixed income to help users improve their portfolios’ risk-return profile and access crypto-structured products for decentralized finance (DeFi). Its main product, Theta Vault, allows users to utilize covered calls and put selling strategies to generate yields. Its native token RBN can be used as an incentive for the liquidity mining programs on the platform.
Trade RBN here.
Deposit PRQ, QRDO, and RBN here.
Sign up for a BTSE account here.
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Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.