Chemix Labs (Chemix for short) is a fractional-algorithmic synthetic assets protocol developed by the QIAN Protocol team. In Chemix's minting operation, the algorithm part is regulated by KUN token. Chemix is open-source, permissionless, and entirely on-chain. The name Chemix is derived from the Chemical reaction, which corresponds to the core business of the synthetic assets. The goal of Chemix is to establish a scalable, distributed, algorithm-adjusted synthetic asset management system. Its advantage is the improvement of user's capital utilization and a stable arbitrage mechanism through real-time operations as minting, redemption, buyback, and re-collateralization.KUN is the governance and algorithmic token of Chemix Ecology. In Chemix Labs' synthetic assets derivatives minting operation, the algorithm adjustment part is regulated by KUN tokens. KUN is also used in Chemix Ecology's governance voting. In the future, KUN will take more roles in Chemix Launchpad and NFT business.

Chemix Ecology Governance Token

Chemix is a fractional-algorithmic synthetic assets ecology with labs (mint) launchpad (list) and NFT

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HashKey Group has unveiled its strategic alliance with Yuanbi Technology and Zhongan Bank to launch a Hong Kong dollar-backed stablecoin. This announcement was made at a recent strategic cooperation signing ceremony with KUN & Hashkey Exchange. Dr. Xiao Feng, the founder of Hashkey Group, unveiled plans to launch the stablecoin pegged to the Hong Kong ... Read more

CryptoPolitan

Hashkey Group partners with Yuanbi Technology and Zhongan Bank to issue stablecoin in Hong Kong

During the KUN and HashKey Exchange strategic cooperation signing ceremony on Thursday, Xiao Feng, the founder of HashKey Group, made a significant announcement. Feng disclosed that HashKey Group is partnering with Yuanbi Technology and Zhongan Bank in Hong Kong to jointly issue stablecoins. This development was captured in a Chinese report early today, November 2. […]
The post HashKey Partners to Launch Stablecoin After Unveiling Retail Crypto App appeared first on Coin Edition.

CoinEdition

HashKey Partners to Launch Stablecoin After Unveiling Retail Crypto App

At the KUN & Hashkey Exchange strategic cooperation signing ceremony held earlier today, Dr. Xiao Feng, the founder of Hashkey Group, announced plans to issue a stablecoin backed by the Hong Kong dollar. Hashkey Group will partner up with Yuanbi Technology and Zhongan Bank to issue the stablecoin in Hong Kong. Yuanbi Technology, spearheaded by […]
The post Hashkey Group to Issue Stablecoin In Partnership With Yuanbi Technology and Zhongan Bank appeared first on Cryptonews.

Chemix Ecology Governance Token KUN

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Hashkey Group partners with Yuanbi Technology and Zhongan Bank to issue stablecoin in Hong Kong

HashKey Partners to Launch Stablecoin After Unveiling Retail Crypto App

Hashkey Group to Issue Stablecoin In Partnership With Yuanbi Technology and Zhongan Bank