Derivatives trading platform Corion Foundation was the first centralized exchange to pioneer the use of leveraged tokens, enabling users to gain margin exposure without the hassle of managing margin, liquidation or collateral. Leveraged tokens are derived from the exchange’s perpetual swap contracts and operate as tradeable ERC-20 tokens that can be withdrawn and traded.
What is this corionx stable coin ?
Money has been a section of human records for over 5,000 years. From the origins of bartering to cutting-edge crypto money, this is how the machine has evolved. At the sunrise of humanity, bartering was once utilized in lieu of money to save for goods. As the man started out to cultivate livestock, one amongst the earliest types of barter protected cattle, sheep, as properly as vegetables the major Peer to peer price protocol by using Satoshi Nakamoto, Bitcoin. Bitcoin opened a gateway to the new science of the web in fee switch by using the use of blockchain.
Foundation mission:
The need for blockchain-based stable price payment asset (stablecoins) has been demonstrated in the section on market information. Most of the payment assets are only functioning as intermediaries on several above exchanges. With our activity, we are helping to increase the adoption of programmable crypto assets and stablecoin in our everyday life with the use of our infrastructures. CorionX utility token is functioning as an incentive for the usage of stablecoins and cryptocurrencies.
CorionX will be available across the globe. It creates the global framework for education, expansion, and promotion for the usage of stablecoins, CBDCs, crypto saving, lending, OpenFinance and DeFi. Corion Foundation’s #MoneyInTheRightDirection Movement aims to succeed in the paradigm shift towards use of crypto, digital and programmable money. Using the CorionX utility token on a daily basis has many benefits through partnerships and white label solutions. Token holders receive Loyalty Staking Rewards quarterly.
The Corion Foundation helps the generalisation of stablecoins with the following activities:
• Market research
• Publishing supporting articles about stablecoins
• Review on our blog and social media channels
• Interview with industry experts (blog or video interview)
• Users tests
• Mutual infrastructure (e-wallet, swap, merchant gateway)
• Dedicated stablecoin booths at events, roundtable talks, representing the stablecoin community
• Convincing e-wallet providers to accept stablecoin
• Obtaining acceptance of stablecoins by a wide range merchants, payment providers
CorionX utility token:
Unquestionably, a new category of currency was created by stablecoins, which combines the price stability of Fiat money and the technological advantages of cryptocurrencies operated on the blockchain. The industry is really in an early stage. Early adopters and innovative fintech companies who invest time, money and energy into this specific field, expect multiple return s stablecoin adoption reaches the mainstream market.
Corionx (CORX) is a utility token conforming to ERC-20 standards. The CORX token is designed to onboard billions of people around the world by educating them on the adoption and utility of stablecoins, CBDCs, crypto-backed savings and lending, and other DeFi products.
While there are various cryptocurrencies including stablecoins, CorionX serves as a single platform for the promotion and interoperability of all standard stablecoins and other cryptocurrencies. Primarily, CorionX acts as the fuel that powers crypto adoption.
CORX utility is crucial to the stablecoin movement and other resourceful campaigns that may be organized in the future. CORX will primarily serve as a reward and access token to various educational programs facilitated by Corion Foundation. CORX holders will directly benefit from these campaigns and collaborations that Corion Foundation has with other blockchain projects.
Additionally, CORX holders will be able to stake their tokens in the Loyalty Staking Program to earn 2.5% quarterly rewards.
ABOUT CORIONX TOKEN
Token name: CorionX (CORX)
Platform: Ethereum
Type: ERC-20
Total Supply of tokens: 400,000,000 CORX
For Loyalty Program: 60,000,000 CORX (Distribution in 4 instalment quartely)
AIMS
The aim of Corion platform is to encourage world-wide adoption of stablecoins and cryptocurrencies, and help people gain access to swift, safe and cheap finance.
The history of money is dramatically changing and it’s been projected that stablecoins would disrupt the payment and financial industry in few years as Stablecoins could be a payment solution for millions of people.
With appropriate risk assessment and engagement, everyone is encouraged to take part in the spreading and everyday use of stablecoins.
Website: https://corion.io/corionx/
Github:https://github.com/Corionplatform
Blog: https://corion.io/category/news/
Medium: https://medium.com/@Corion
Twitter: https://twitter.com/CorionPlatform
Telegram: https://t.me/corionx
Facebook: https://www.facebook.com/CorionFoundation
Linkedin: https://www.linkedin.com/company/corionplatform
Youtube: https://www.youtube.com/channel/UCD9royvfm_-02vV9eHvZk8A
Instagram: https://www.instagram.com/corionplatform/
Author:
anddyy
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