Internet City, Dubai–(Newsfile Corp. – June 10, 2022) – LBank Exchange, a global digital asset trading platform, will list Source Token (SRCX) on June 10, 2022. For all users of LBank Exchange, the SRCX/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on June 10, 2022.
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As a global DeFinTech firm, Source Protocol’s ecosystem has been developed to play an integral role in powering the Web3 economy and beyond. Equipped with a full DeFi Suite for lending, borrowing, earning, and staking, various Enterprise Integration Solutions, and more, Source provides its users and institutional clients with seamless access to next-generation finance. Its native utility token Source Token (SRCX) will be listed on LBank Exchange at 20:00 (UTC+8) on June 10, 2022, to further expand Source Protocol’s global reach and help achieve its vision.
Introducing Source Protocol
Source Protocol is a multi-chain and interoperable DeFinTech ecosystem designed for retail users and enterprises alike to easily adopt and implement the latest advancements in Web3 financial technology. The protocol is composed of a “Toolbox” where users can conveniently access the best that DeFi has to offer – like borrowing, lending, staking, liquidity pooling, and more – in one seamless hub committed to security, solvency and sustainability.
The Source team has a combined 35 years of experience in blockchain technology and cryptocurrency markets and its founders have been active in the space since 2013. With a team of seasoned finance professionals, developers and DeFinTech experts, Source is dedicated to fostering financial sovereignty by making traditional financial services accessible, efficient and private.
Source commits to building on, integrating with and implementing the most efficient, compatible, and adaptable tech as the space evolves over time. With a vision of creating a continuously evolving and all-encompassing DeFinTech solution, Source is creating an ecosystem to fuel unlimited DeFi participation from all corners of the market.
About SRCX Token
SRCX is the first product of many that will be released by Source Protocol throughout 2022. It is a smart contract utility token with a built-in automation fee that is used for passive participation in DeFi within the Source Marketplace. The automation fee is used to produce two types of rewards, Loyalty Echoes and Yield Echoes. Loyalty Echoes are generated with every transaction on the network. A transaction Echo occurs whenever a buy, sell, or transfer is initiated. Yield Echoes are produced by an automated Defi process that is integrated into the Source Marketplace.
The Source Marketplace is a peer to peer lending and borrowing platform that allows users to participate in multi-level defi processes, using smart contracts that allow them to retain full custody of their assets….