Websea's spot trading section launches NMR, PENDLE, FXS, FRONT,and LPT

Dear users,

Websea's spot trading section will list NMR, PENDLE, FXS, FRONT,and LPT  on January 26, 2024 (GMT+8). The following trading pairs will be available:

Spot Trading Pairs: NMR/USDT,  PENDLE/USDT,  FXS/USDT, FRONT/USDT, LPT/USDT

Deposit Opening Time: January 26, 13:00 (GMT+8)

Trading Opening Time: January 26, 17:00 (GMT+8)

About NMR

Machine learning competitions are susceptible to intentional overfitting. Numerai proposes Numeraire (NMR), a new cryptographic token that can be used in a novel auction mechanism to make overfitting economically irrational. The auction mechanism leads to equilibrium bidding behavior that reveals rational data scientists’ confidence in their models’ ability to perform well on new data. The auction mechanism also yields natural arguments for the economic value of a Numeraire token.

NMR is the token used for staking in the Numerai data science tournament and Erasure marketplace.

Token Name: NMR

Circulating Supply: 6,153,706

Total Supply: 10,760,375

Official Website：https://numer.ai/

Block Explorer：

https://cn.etherscan.com/token/0x1776e1F26f98b1A5dF9cD347953a26dd3Cb46671

Project WhitePaper：https://numer.ai/static/media/whitepaper.29bf5a91.pdf

Project Facebook：https://www.facebook.com/numerai/

Project Twitter：https://twitter.com/numerai

Project Telegram：https://t.me/NMR_Official

Project Reddit：https://www.reddit.com/r/numerai/

About PENDLE

Pendle is a yield-trading protocol that separates a yield-bearing asset into its principal and yield components, allowing users to earn fixed or flexible yields. PENDLE is the utility token that is used for liquidity incentives, governance and fee value accrual.

Token Name: PENDLE

Circulating Supply: 238,185,588

Total Supply: 258,446,028

Official Website:https://www.pendle.finance/

Project WhitePaper：https://docs.pendle.finance/resources/lite-paper

Block Explorer：https://cn.etherscan.com/token/0x808507121b80c02388fad14726482e061b8da827

Project Twitter：https://twitter.com/pendlefinance

Project Telegram：https://t.me/pendlefinance

About FXS

Frax (FRAX) is a fractional algorithmic stablecoin partially backed by collateral and partially stabilized algorithmically. The ratio of collateralization and algorithmic depends on the market price of the FRAX stablecoin. If FRAX is trading at above $1, the protocol decreases the collateralization ratio. If FRAX is trading at under $1, the protocol increases the collateralization ratio.

Token Name: FXS

Circulating Supply: 76,469,797

Total Supply:  99,681,495

Official Website:https://frax.finance/

Project WhitePaper：https://docs.frax.finance/overview

Block Explorer：

https://cn.etherscan.com/token/0x3432b6a60d23ca0dfca7761b7ab56459d9c964d0

Project Twitter：https://twitter.com/fraxfinance

Project Telegram：https://t.me/fraxfinance

Project Discord：https://discord.com/invite/UJVtDTFRaA

About FRONT

Frontier is a chain-agnostic Decentralized Finance (DeFi) aggregation platform. Users can participate in protocol tracking and management, staking, token swaps, liquidity provision, Collateralized Debt Position (CDP) creation and monitoring, and more.

As of the time of writing, Frontier supports DeFi products on Ethereum, Binance Smart Chain, BandChain, Kava, Harmony and Cosmos Network.

Token Name: FRONT

Circulating Supply: 90,000,000

Total Supply: 100,000,000

Official Website:https://www.frontier.xyz/

Block Explorer：https://cn.etherscan.com/token/0xf8c3527cc04340b208c854e985240c02f7b7793f

Project Whitepaper：https://www.frontier.xyz/roadmap

Project Twitter：https://twitter.com/FrontierDotXYZ

Project Telegram：https://t.me/FrontierDotXYZ

About LPT

The Livepeer network serves as the video infrastructure for developers to power their live streaming applications. Video streaming represents over 80% of the bandwidth used on the internet, and traditional video infrastructures present high cost barriers for startups and developers to build new streaming platforms.

LPT is Livepeer’s native work token and is used in the following functions:

Protocol Incentivization: Users can earn LPT tokens as rewards when they run a node or delegate towards node operators on the platform. Users also earn the fees paid in ETH through staking and node operation, both of which require LPT.

Staking: Users may stake LPT tokens to secure the network from attacks, and earn staking rewards in LPT tokens.

Governance: LPT token holders can propose and vote on network governance decisions.

Dual Mining: Users who stake to run Livepeer nodes that are backed by GPUs, can also concurrently mine other GPU-based cryptocurrencies without disrupting their transcoding.

Token Name: LPT

Circulating Supply:30,592,032

Total Supply:  30,592,032

Official Website:https://livepeer.org/zh

Project Whitepaper：https://github.com/livepeer/wiki/blob/master/WHITEPAPER.md

Block Explorer：https://cn.etherscan.com/token/0x58b6a8a3302369daec383334672404ee733ab239

https://explorer.livepeer.org/

Project Facebook：https://www.facebook.com/livepeer

Project Twitter：https://twitter.com/Livepeer

Project Telegram：https://t.me/livepeer

Project Reddit：https://www.reddit.com/r/livepeer/

Websea Team

January 26, 2024

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