Description
bZx is a DeFi platform on the Ethereum blockchain focused on lending, borrowing, and especially margin trading through its two core products: Fulcrum for leveraged trading and lending, and Torque for indefinite-term loans with fixed rates. It utilizes the BZRX token for governance, allowing token holders to influence its development. The platform stands out in the DeFi space for its emphasis on margin trading and leverage. bZx integrates with other DeFi projects and DEXs like 0x and Kyber Network to enhance liquidity and enable efficient asset utilization. This integration supports shorting and leverage, underpinned by a protocol that handles escrow and interest with a second layer for additional functionalities including fast margin settlement and pooled lending. bZx’s innovation also includes a high-speed margin settlement system on its second layer, enabling leveraged trading of volatile ERC20 tokens and making it unique in offering such advanced financial instruments within the blockchain realm. The platform’s integration with six different 0x relays underscores its commitment to enhancing accessibility and efficiency in the DeFi ecosystem.
bZx is a DeFi platform on the Ethereum blockchain focused on lending, borrowing, and especially margin trading through its two core products: Fulcrum for leveraged trading and lending, and Torque for indefinite-term loans with fixed rates. It utilizes the BZRX token for governance, allowing token holders to influence its development. The platform stands out in the DeFi space for its emphasis on margin trading and leverage. bZx integrates with other DeFi projects and DEXs like 0x and Kyber Network to enhance liquidity and enable efficient asset utilization. This integration supports shorting and leverage, underpinned by a protocol that handles escrow and interest with a second layer for additional functionalities including fast margin settlement and pooled lending. bZx’s innovation also includes a high-speed margin settlement system on its second layer, enabling leveraged trading of volatile ERC20 tokens and making it unique in offering such advanced financial instruments within the blockchain realm. The platform’s integration with six different 0x relays underscores its commitment to enhancing accessibility and efficiency in the DeFi ecosystem.
