Cryption Network is a DeFi platform that simplifies the transition from fiat to cryptocurrencies for retail investors. The network has a set of user-friendly products which help in reaching this goal.
Therefore, users can also enjoy a low-fee DEX to aid DeFi projects and a market maker that can create a market for any event. In this article, you will discover more about Cryption Network.
According to the annoucement, Harmony protocol is offering a USD 50,000 fund to Cryption Network for blockchain development. The fund will make available by “Harmony Launches.” This initiative assists projects with good prospects.
📢Good news rolling!📰
🥳We are excited to announce that we have been granted a $50,000 funding grant from @harmonyprotocol
Check out our blog :https://t.co/He4ODcUwTh
Stay updated! ✌️#CryptocurrencyNews #CryptoNews pic.twitter.com/J4UN3GRmhR
— Cryption Network (@CryptionNetwork) November 9, 2021
The decision to support Cryption is supported by a majority of the Harmony community, thus showing expectation. Besides, the platform will be available on PolyDEX and other DeFi 2.0 projects.
More about Cryption Network
Moreover, Cryption network specializes in retail-based decentralized finance. Thus, this initiative will strengthen the retail adoption of the Harmony blockchain. Therefore, this will also open the door to more future partnerships and developments.
According to the annoucement, Suchit Karande, Cryption Network Marketing Chief, said: “Our collaboration is additionally strengthened by the fact that both projects share the same goal: multi-chain interoperability and providing our users with the broadest possible coverage. Harmony has committed to giving technical and marketing assistance. Onward and upward,”
Finally, Cryption Network announced its collaboration with Cashaa. Cashaa is a crypto-friendly banking platform located in the United Kingdom.
Before then, Altcoin Buzz had an AMA session with Cryption network’s CEO and co-founder Tejas Chitnis, CTO and co-founder Ashwin Yardi, and Marketing Manager Suchit Karande.
After months of development, we present to you an all-new #decentralized exchange: @Polydex_
A completely Gasless, Instant, Cross-Chain AMM DEX with yield farming is here!
Join us https://t.co/tYyNQH47GU pic.twitter.com/zq85hNluMf
— Cryption Network (@CryptionNetwork) July 28, 2021
$CNT and $ONE Price Information
When this article was published, Cryption Network’s native token, $CNT, was trading today at USD 0.0916 with a 24-hour trading volume of USD 465. $CNT price also dropped by 3.5% over the last 24 hours. Besides, it has a circulating supply of 9.5 million and a total supply of 100 million tokens.
On the other hand, Harmony’s native token, $ONE, was trading at USD0.296 with a 24-hour trading volume of USD 256 million. Also, the $ONE price has dropped by 2.5% over the last 24 hours. Besides, it has a circulating supply of 10.7 billion and a total supply of 13.1 billion tokens.
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