This article was first published on Kyber Network - Medium
#KyberDeFi Partner Spotlight — bZx
Build with bZx and Kyber to win up to $3000 in DAI!
Today we shine the spotlight on our first Hackathon Tech Partner: bZx! Learn about bZx, and integrate them for our #KyberDeFi Virtual Hackathon! bZx is offering a total of $3000 in DAI in bounty rewards!
bZx bounties — up to $3000 in DAI
- bZx x Kyber Prize: $1,500
$1,500 in DAI for the best project that uses/integrates both bZx and Kyber
- bZx — Best Use Case: $1,500
$1,500 in DAI
What is bZx?
bZx is an open protocol for shorting, leveraging, lending, and borrowing, powered by Kyber & 0x, and built on the Ethereum blockchain .
What is Fulcrum?
Fulcrum aims to be the most simple and powerful way to lend and margin trade. It is a completely trustless platform for margin; it does not use centralized price feeds or centrally administered margin calls. It is permissionless and rent free; there are no fees and no accounts. Fulcrum is built on the bZx protocol and extends the protocol by allowing both loans and margin positions to be tokenized. The bZx base protocol was successfully audited by ZK Labs.
Fulcrum is integrated with Kyber and is one the fastest growing DeFi applications in terms of trading volume through Kyber!
The Kyber team also interviewed the bZx team in our ‘Any Token, Anywhere’ series explaining how Fulcrum works.
In addition, bZx is launching Torque on September 14th, a borrowing platform with indefinite-term loans and fixed interest rates. No accounts needed, and with universal wallet access. Using Torque, getting a DAI loan using ETH is as simple as sending that ETH to dai.tokenloan.eth. Read more here.
What can you build with bZx?...
To keep reading, please go to the original article at:
Kyber Network - Medium