The decentralized finance holders have more grip in the blockchain technology industry, and various projects have also been launched in the market. As a result, the market size of decentralized finance stood roughly $16 billion at the end of 2020. Although, in 2021, the market size is expected to grow at $154 billion in total. One of the biggest reasons the decentralized finance market has more projects is the exponential market growth. The projects are launched and offer various solutions to the industry that has issues in the market. In that case, now Hashbon Finance Reinvented ecosystem enters the decentralized finance market with its Hashbon Rocket.
Hashbon’s CDEX Platform
Hashbon FiRe plans to launch its Hashbon Rocket CDEX platform on September 9, 2021. It will be the first decentralized cross-chain exchange in the industry. In addition, the CDEX platform will aim to solve the ERC-20 token exchange for BEP-20 in a decentralized finance method. Moreover, the Hasbon Rocket CDEX platform not only supports intra-chain swaps like other decentralized methods and starts with interactions between the Binance Smart chain and Ethereum protocols. Furthermore, Hashbon plans to expand the platform to accommodate other EVM networks.
Grigory Bibaev’s Statement
Hashbon Rocket’s Chief Executive Officer, Grigory Bibaev, said that Hashbon’s CDEX platform exchange between EVM blockchains is the first step. In the upcoming days, they anticipate seeing Hashbon Rocket as a decentralized platform of multifunctional exchanges that provides various services, from decentralized finance bonds for companies to lending and staking.
The token for governing Hashbon Rocket is HASH, and it is a BEP-20 and ERC-20 compliant token. Moreover, the corresponding tokens can be tracked on BscScan and EtherScan by users. Therefore, the users should pay arbiters to exchanges on the Hashbon Rocket CDEX platform with HASH tokens; however, these referees will use the tokens for approving and verifying the transactions. Furthermore, people wish to launch the decentralized finance in the market to use the HASH tokens. Therefore, the HASH token is currently available on the pre-sale. Moreover, HASH was listed on PancakeSwap, Uniswap, CoinMarketCap, and CoinGecko.