• 05/12/2024

Fireblocks, renowned for its digital asset security and management solutions, has unveiled enhancements to its integration with decentralized finance (DeFi) protocols such as Uniswap and Aave. These updates include features like Fireblocks Swaps, enabling direct trades within the platform, and the Token Allowance Manager, which offers greater control over smart contract permissions, mitigating security risks.

These innovations aim to ease institutional entry into the Web3 ecosystem by addressing usability and security challenges commonly associated with DeFi. By enabling faster and more reliable transactions, Fireblocks helps unlock DeFi’s potential, particularly for large organizations seeking to diversify their financial operations.

Additionally, the newly launched features improve operational efficiency and reduce costs by consolidating functionalities within a single platform. Integration with Uniswap and Aave demonstrates Fireblocks’ commitment to fostering innovation and strengthening DeFi infrastructure, making it more accessible and appealing.

With the growing popularity of DeFi, Fireblocks plays a vital role in removing technological barriers and building trust in the sector, helping to shape the future of decentralized finance in a secure and sustainable way.

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PERIODIC BURNING

A percentage of transaction fees from manual arbitration operations, in addition to the full amounts from License purchases for operations in the automatic arbitration system, will be used to burn Clash Hub Coin tokens. This will accelerate burning, decrease supply, and increase scarcity of the token.

100% of tokens converted to USDT during withdrawals from the staking system, arbitrage system and flash loans will be burned, promoting a continuous decrease in the total supply.

OBJECTIVE OF BURNING

Reduce 90% of the total supply over 1 year through periodic burning and conversions of staking rewards and token affiliate system into USDT. 90% of the supply will be burned, equivalent to 900 million tokens at a price of $0.01, corresponding to 9 million dollars in transaction volume. Then the current model of the affiliate system will conclude and the token will be launched in the public sale phase after the full burning of 90% of the supply.

Total supply of tokens will be burned and released on DEX`s for public sale at a price of $0.02, doubling the capital of Clash Hub Coin Token holders.