Premium DeFi Protocol from RedFOX Labs

Premium DeFi Protocol from RedFOX Labs 1

Vietnam-based RedFOX Labs has launched on Binance Smart Chain, bringing its DeFi farming, staking and $VFOX to millions of new users.

SINGAPORE, May 25, 2021 (GLOBE NEWSWIRE) — Following months of hard work from the team at RedFOX Labs the RFOX.Financeprotocol has finally entered the BSC ecosystem, promising to revolutionize the way users interact with the project.

Open for Business

The launch on BSC means holders of $VFOX, the platform’s native token, will now be able to distribute the token quickly and easily, and that token holders can now participate in farming and staking the token, although this is not mandatory.

All holders of $VFOX will be eligible for rewards generated from RedFOX Lab’s new RVOX VALT project.

Binance Smart Chain ecosystem projects have exceeded a total value locked of over USD $50 billion. RedFOX Labs has recognized the growth potential in this ecosystem and has completed the launch of their own DeFi products.

Security is a Priority

To support the move and to examine the project’s token, farming and smart contracts before deployment, the team enlisted the help of external audit experts Hacken.

There will still be the opportunity to purchase $VFOX outright on both PancakeSwap and through RFOX.finance. Two weeks after launch, the option of staking $RFOX and $VFOX in single asset pools to earn $VFOX, will also be made available.

Further, RedFOX Labs will harvest $VFOX earned from the initial liquidity they provide to convert back to $RFOX and burn from the circulating supply.

The move to launch RFOX.finance is another step toward RedFOX Labs reaching its goal of being the premier ecosystem builder in the Southeast Asian region and will play a pivotal role in driving utility and value for the $RFOX token.

For more information about RFOX Finance, please visit https://docs.rfox.finance.

About RedFOX Labs

RedFOX Labs is a venture builder based in Vietnam, that identifies and builds successful business models for the Southeast Asian markets. It is focused on unlocking the true market value of the Southeast Asian digital economy for high consumer demand services such as e-commerce, e-media, e-travel, and esports/gaming and focuses on adding value to the digital economy through the use of emerging technologies such as blockchain. As a company, its value is tradable through its native token ($RFOX).

RedFOX Labs Official Channels:

Telegram Group: https://t.me/redfoxlabs_announcements
Twitter: https://twitter.com/redfoxlabs_io
Facebook: https://www.facebook.com/redfoxlabs.io
YouTube: https://www.youtube.com/channel/UCjSvr6RFSMlN00mWRiU0mSQ
LinkedIn: https://www.linkedin.com/company/redfoxlabs-io/

Media Contact
Chris Sealey, yourPRstrategist.com
pr@yourPRstrategist.com

Premium DeFi Protocol from RedFOX Labs 2
About the author

Brent Dixon is the owner of E-Crypto News and an early adopter of cryptocurrencies. He is a Book editor- that has edited numerous books on Cryptocurrencies. He has been a writer for more than 30 years. Covering everything from Jazz Music to Blockchain Technology. He currently lives with his wife on Miami Beach, Fl.

Related Posts

E-Crypto News Executive Interviews



bitcoin
Bitcoin (BTC) $ 42,587.00
ethereum
Ethereum (ETH) $ 2,919.40
cardano
Cardano (ADA) $ 2.42
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 351.16
xrp
XRP (XRP) $ 0.940136
solana
Solana (SOL) $ 138.21
polkadot
Polkadot (DOT) $ 30.24
usd-coin
USD Coin (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.207822
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 42,587.00
ethereumEthereum (ETH)
$ 2,919.40
tetherTether (USDT)
$ 1.00
bitcoin-cashBitcoin Cash (BCH)
$ 511.93
litecoinLitecoin (LTC)
$ 152.16
bitcoinBitcoin (BTC)
36.350,99
ethereumEthereum (ETH)
2.491,91
tetherTether (USDT)
0,853570
bitcoin-cashBitcoin Cash (BCH)
436,97
litecoinLitecoin (LTC)
129,88
bitcoinBitcoin (BTC)
31,188.59
ethereumEthereum (ETH)
2,138.02
tetherTether (USDT)
0.73235
bitcoin-cashBitcoin Cash (BCH)
374.91
litecoinLitecoin (LTC)
111.43

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Crypto Scams
Crypto Scams Still Persistent In 2021, SEC Warns About Red Flags To Watch
September 9, 2021
Poly Network
Here’s How Hackers Stole Over $600 million in the Poly Network Attack
August 12, 2021
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021
Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021
What Role Do Cryptocurrencies Play In The Era Of Ransomware Attacks?
June 9, 2021

Blockchain/Cryptocurrency Questions and Answers

Beginner’s Guide to Investing in Cryptocurrency
August 9, 2021
Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
Klaytn
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Cryptocurrencies
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021
Solana
What Is Solana (SOL) And How Does It Work?
June 26, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin42,524 0.60 % 0.57 % 9.96 %
Ethereum2,877.0 2.03 % 0.85 % 15.68 %
Cardano2.410 0.95 % 8.23 % 2.60 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Binance Coin348.90 0.88 % 0.52 % 14.05 %
XRP0.9423 0.06 % 1.07 % 11.74 %
Solana137.52 1.32 % 0.81 % 6.82 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
USD Coin1.000 0.10 % 0.02 % 0.27 %
Dogecoin0.2074 0.82 % 0.55 % 13.92 %

bitcoin
Bitcoin (BTC) $ 42,587.00
ethereum
Ethereum (ETH) $ 2,919.40
cardano
Cardano (ADA) $ 2.42
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 351.16
xrp
XRP (XRP) $ 0.940136
solana
Solana (SOL) $ 138.21
polkadot
Polkadot (DOT) $ 30.24
usd-coin
USD Coin (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.207822