Press Release

Cross-Chain Money Market Governance Token, HARD, to be Co-Listed on BitMax.io

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Press Release

Cross-Chain Money Market Governance Token, HARD, to be Co-Listed on BitMax.io

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BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the primary co-listing of HARD Protocol’s HARD token (HARD) under the trading pair of HARD/USDT on November 6th at 10:00 a.m. EST.

HARD Protocol (previously Harvest.io) is a cross-chain money market that enables users to lend, borrow, and earn with their digital assets. HARD, the native governance token for the protocol, launched with the mainnet upgrade that took place on October 15th, 2020. The token can be used as collateral in the HARD Protocol supply and borrowing markets, as well as for voting on the management and evolution of the platform.

In contrast to other money markets, HARD opens DeFi to the larger cryptocurrency market, taking token holders beyond ETH access products like lending and borrowing. As an application built on multi-asset DeFi platform Kava, HARD is set to capitalize on the Kava-4 Mainnet upgrade which will introduce support for BTC, BUSD, XRP, and other digital assets. New digital assets will be also supported within the HARD Protocol money market alongside Kava native assets like KAVA, HARD, and USDX.

The HARD Protocol money market is the first project of its kind launched on the Kava blockchain. Kava gives the platform access to cross-chain assets, Chainlink oracles, and other key infrastructure. To support platform security and stability within this relatively new design paradigm, compared to Ethereum, HARD code is being audited by CERTIK, peer-reviewed, and tested prior to listing.

"The primary co-listing of HARD on BitMax.io will be beneficial for both BitMax.io users and users of the Kava DeFi ecosystem," said Shane Molidor, Global Head of Business Development at BitMax.io, “HARD offers investors a cross-blockchain money market to lend and borrow assets in a new way. This listing collaboration gives BitMax.io users exposure to HARD Protocol through the HARD token, and at the same time, allows HARD users to further invest in the platform’s governance."

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io/
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About HARD Protocol

HARD Protocol is the world’s first cross-chain money market that enables users to lend, borrow, and earn with their digital assets. Leveraging Kava’s blockchain security for DeFi products, the HARD Protocol will be expanded to support BTC, XRP, BUSD in HARD money markets along with native Kava assets like KAVA, HARD and USDX.

For more information and updates, please visit:

Website: https://harvest.io
Twitter: https://twitter.com/harvest_io
Telegram: https://t.me/harvest_io 
Medium: https://medium.com/kava-labs/tagged/harvest

Updated 06:31 PM UTC+8, 15 Nov 2020
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