Market Cap: $2.7271T -0.980%
Volume(24h): $69.7842B 54.270%
Fear & Greed Index:

24 - Extreme Fear

  • Market Cap: $2.7271T -0.980%
  • Volume(24h): $69.7842B 54.270%
  • Fear & Greed Index:
  • Market Cap: $2.7271T -0.980%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

DEBN listed on Binance exchange

DEBN's listing on Binance enhances its visibility, liquidity, and credibility, providing investors increased access and potential adoption benefits for the debt-backed token.

Jan 13, 2025 at 10:13 pm

Key Points:

  • DEBN Listing on Binance: Significance and Benefits
  • How to Obtain DEBN on Binance
  • Understanding the DEBN Tokenomics
  • DEBN's Unique Features and Value Proposition
  • Potential Growth and Use Cases for DEBN
  • Expert Analysis and Market Sentiment

DEBN Listed on Binance Exchange

Significance of the Listing:

Binance, the world's leading cryptocurrency exchange, listing DEBN signifies the growing recognition and credibility of the project. This listing provides DEBN with increased visibility, liquidity, and accessibility for investors. Binance's large and diverse user base enables DEBN to reach a wider audience, enhancing its potential for adoption and growth.

Benefits for DEBN:

  • Increased trading volume and liquidity
  • Exposure to a vast global market
  • Validation and endorsement from a reputable exchange
  • Potential partnerships and ecosystem integrations

How to Obtain DEBN on Binance

  • Create an account on Binance (if you don't have one)
  • Fund your account with a supported currency (e.g., USDC, USDT)
  • Navigate to the DEBN/USDT trading pair on the Binance exchange
  • Place a buy order at the desired price and quantity
  • Once the order is executed, DEBN will be credited to your Binance wallet

DEBN Tokenomics

  • Total supply: 1 billion DEBN
  • Initial circulating supply: 200 million DEBN
  • Token allocation:

    • 40%: Ecosystem and community
    • 30%: Team and advisors
    • 15%: Private sale
    • 10%: Public sale
    • 5%: Binance Listing

Unique Features and Value Proposition of DEBN

  • Debt-backed token: DEBN is backed by a real-world asset, namely, bridged crypto asset loans originated on Maple Protocol. This unique feature adds stability and predictability to the token's value.
  • Yield generation: Holders of DEBN can earn passive income through interest payments generated from the underlying loan portfolio. The yield is paid in USDC.
  • Governance: DEBN holders have voting rights that allow them to participate in decision-making processes related to the project's development and operation.
  • Risk-diversification: DEBN offers a means to diversify investment portfolios by providing exposure to crypto-backed loans with potential for stable returns.

Potential Growth and Use Cases for DEBN

  • Growth in crypto lending: As the crypto lending market continues to grow, DEBN is well-positioned to benefit from increased demand for debt instruments backed by crypto assets.
  • Institutional adoption: Large institutional investors seeking exposure to the crypto space may consider DEBN as a low-risk way to access the debt market.
  • Passive income generation: DEBN enables individuals to earn a passive income stream through regular yield payments.
  • Investment vehicle: DEBN can be used as an investment vehicle that provides a combination of stability, yield, and potential for growth.

Expert Analysis and Market Sentiment

Industry experts have praised DEBN's innovative concept and its potential to reshape the crypto lending landscape. The market has also responded positively to the launch, with DEBN experiencing a steady increase in trading volume and market capitalization. This positive sentiment indicates investors' confidence in the project and its long-term prospects.

FAQs

1. What is the difference between DEBN and MFT?
DEBN is a debt-backed token backed by crypto-asset loans facilitated through Maple Protocol, while MFT is Maple Protocol's governance token.

2. How is the DEBN yield determined?
The DEBN yield is dynamically adjusted based on the interest rates on the underlying loan portfolio and is paid out in USDC.

3. What are the risks associated with DEBN?
The primary risk associated with DEBN is the potential for defaults on the underlying loans. However, Maple Protocol has implemented risk management systems to mitigate this risk.

4. How can I participate in DEBN governance?
DEBN holders can participate in governance by voting on proposals related to the project's development and operation.

5. Where can I learn more about DEBN?
Visit DEBN's website, read Medium articles, join Telegram groups and Discord servers related to the project.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

Best cryptocurrency trading platforms for beginners

Best cryptocurrency trading platforms for beginners

Mar 17,2025 at 03:42pm

When entering the cryptocurrency space, it is crucial to choose a suitable trading platform. For beginners, a good platform can enable the trading journey to be safe and smoothly. The following is a description of how to choose and some preferred platforms.Key points for platform selectionSafety firstSecurity is the primary consideration when choosing a...

Top 10 Cryptocurrency Trading Platforms for Beginners

Top 10 Cryptocurrency Trading Platforms for Beginners

Mar 17,2025 at 03:36pm

When entering the cryptocurrency trading field, it is crucial to choose the right trading platform. For beginners, an ideal platform should be both secure, easy to use, rich trading products and reasonable transaction fees. The following is a detailed introduction to the top ten cryptocurrency trading platforms suitable for beginners.BinanceAs one of th...

Recommended Cryptocurrency Exchanges for Beginners

Recommended Cryptocurrency Exchanges for Beginners

Mar 17,2025 at 03:32pm

When entering the cryptocurrency space, it is crucial to choose the right exchange. For beginners, a secure, easy to use and feature-rich platform is the ideal starting point for embarking on a journey to invest in cryptocurrency. This article will recommend several cryptocurrency exchanges for beginners.1. Coinbase: A friendly choice for beginnersCoinb...

The most popular digital asset trading platform for beginners

The most popular digital asset trading platform for beginners

Mar 17,2025 at 03:28pm

In the field of digital asset trading, novices often face many confusions, and how to choose a suitable trading platform is crucial. A good platform can not only provide a convenient trading experience, but also ensure asset security. The following is a introduction to some digital asset trading platforms that are very popular among novices and their fe...

Which Bitcoin exchange is better? The latest Bitcoin exchange ranking recommendation in 2025

Which Bitcoin exchange is better? The latest Bitcoin exchange ranking recommendation in 2025

Mar 17,2025 at 03:21pm

Recommended latest Bitcoin exchange rankings in 2025In the current financial market, Bitcoin trading is attracting more and more attention. For investors, choosing a quality Bitcoin exchange is crucial. The following are your latest Bitcoin exchange rankings and recommendations in 2025:Binance Strong overall strength : Binance ranked first in the world ...

A Guide to the Top Cryptocurrency Exchanges for Beginners

A Guide to the Top Cryptocurrency Exchanges for Beginners

Mar 17,2025 at 03:21pm

When entering the cryptocurrency field, choosing the right exchange is a key step. For beginners, they are often at a loss when facing many platforms. This article will sort out the key points of choosing exchanges for you and recommend several platforms suitable for beginners.Key factors for choosing an exchangeSafety firstSecurity is at the heart of c...

Best cryptocurrency trading platforms for beginners

Best cryptocurrency trading platforms for beginners

Mar 17,2025 at 03:42pm

When entering the cryptocurrency space, it is crucial to choose a suitable trading platform. For beginners, a good platform can enable the trading journey to be safe and smoothly. The following is a description of how to choose and some preferred platforms.Key points for platform selectionSafety firstSecurity is the primary consideration when choosing a...

Top 10 Cryptocurrency Trading Platforms for Beginners

Top 10 Cryptocurrency Trading Platforms for Beginners

Mar 17,2025 at 03:36pm

When entering the cryptocurrency trading field, it is crucial to choose the right trading platform. For beginners, an ideal platform should be both secure, easy to use, rich trading products and reasonable transaction fees. The following is a detailed introduction to the top ten cryptocurrency trading platforms suitable for beginners.BinanceAs one of th...

Recommended Cryptocurrency Exchanges for Beginners

Recommended Cryptocurrency Exchanges for Beginners

Mar 17,2025 at 03:32pm

When entering the cryptocurrency space, it is crucial to choose the right exchange. For beginners, a secure, easy to use and feature-rich platform is the ideal starting point for embarking on a journey to invest in cryptocurrency. This article will recommend several cryptocurrency exchanges for beginners.1. Coinbase: A friendly choice for beginnersCoinb...

The most popular digital asset trading platform for beginners

The most popular digital asset trading platform for beginners

Mar 17,2025 at 03:28pm

In the field of digital asset trading, novices often face many confusions, and how to choose a suitable trading platform is crucial. A good platform can not only provide a convenient trading experience, but also ensure asset security. The following is a introduction to some digital asset trading platforms that are very popular among novices and their fe...

Which Bitcoin exchange is better? The latest Bitcoin exchange ranking recommendation in 2025

Which Bitcoin exchange is better? The latest Bitcoin exchange ranking recommendation in 2025

Mar 17,2025 at 03:21pm

Recommended latest Bitcoin exchange rankings in 2025In the current financial market, Bitcoin trading is attracting more and more attention. For investors, choosing a quality Bitcoin exchange is crucial. The following are your latest Bitcoin exchange rankings and recommendations in 2025:Binance Strong overall strength : Binance ranked first in the world ...

A Guide to the Top Cryptocurrency Exchanges for Beginners

A Guide to the Top Cryptocurrency Exchanges for Beginners

Mar 17,2025 at 03:21pm

When entering the cryptocurrency field, choosing the right exchange is a key step. For beginners, they are often at a loss when facing many platforms. This article will sort out the key points of choosing exchanges for you and recommend several platforms suitable for beginners.Key factors for choosing an exchangeSafety firstSecurity is at the heart of c...

See all articles

User not found or password invalid

Your input is correct