PRESS RELEASE – VICTORIA, Seychelles, March 7th, 2025
March 7, 2025 – BYDFi, a renowned global crypto exchange, has officially launched ROAM/USDT and RED/USDT trading pairs, thereby expanding investment opportunities for traders. Roam (ROAM) and RedStone (RED) are two significant projects in the Web3 infrastructure space, focusing on Decentralized Physical Infrastructure (DePIN) and Oracle solutions, respectively.
Roam: Unlocking Global WiFi Connectivity
Roam, incubated by MetaBlox Labs, aims to establish a decentralized global WiFi roaming network (DePIN). Currently operational in over 190 countries and connecting 4.5 million WiFi hotspots, Roam has consistently ranked #1 on DePINscan.io for hardware nodes since December 2023, attracting over 2.3 million registered users.
- Decentralized Wireless Network: Utilizing OpenRoaming and eSIM technology, Roam facilitates automated global WiFi roaming.
- Privacy & Security: Roam employs DID+VC (Decentralized Identity + Verifiable Credentials) to safeguard user data.
- AI-Powered Optimization: AI algorithms enhance network resource allocation, stability, and bandwidth efficiency.
- Open Ecosystem: Supporting diverse applications such as data storage and anti-GPS spoofing.
Roam’s innovative business model has garnered strong recognition, securing over $10 million in funding from notable investors like Anagram, Volt Capital, and Samsung Next. The $ROAM token incentivizes users to contribute wireless network resources, currently trading at $0.3951 with a 24-hour volume of $116 million, reflecting a remarkable 247.10% increase from the previous day.
RedStone: Revolutionizing Cross-Chain DeFi Oracles
RedStone is a modular decentralized Oracle designed to provide fast and accurate data transmission for DeFi applications. Recognized as a game changer in Cross-Chain DeFi, it currently supports more than 70 blockchain networks and serves over 130 DeFi projects.
- Modular Design: Functionality across EVM and non-EVM ecosystems and Rollups.
- Efficient Data Retrieval: An on-demand data-pushing model reduces gas costs and enhances transaction efficiency.
- Robust Security: Data is secured on Arweave, ensuring economic safety through EigenLayer.
RedStone has gained the backing of industry leaders such as Aave, Lens, and Polygon, successfully completing a $15 million Series A funding round. The $RED token facilitates data provider rewards, staking incentives, and governance, currently priced at $0.6016 with a 24-hour trading volume of $180 million, marking an impressive 6x surge from the previous day.
BYDFi: Expanding the Global Trading Ecosystem
BYDFi continues to enhance its platform with over 600 supported cryptocurrencies, including the latest additions of ROAM/USDT, RED/USDT, along with trading pairs like ELX/USDT and MINT/USDT. Additionally, BYDFi has introduced exclusive rewards of up to 8,100 USDT as part of their upcoming 5th Anniversary Celebration.
About BYDFi
Founded in 2020, BYDFi is recognized by Forbes as one of the world’s top 10 best crypto exchanges, trusted by over 1,000,000 users globally. The platform operates under multiple regulatory licenses to ensure compliance and user protection, maintaining a 1:1 reserve and regularly publishing proof of reserves for verification, assuring security and transparency. BYDFi remains dedicated to providing a world-class trading experience. “BUIDL Your Dream Finance.”
- Website: https://www.bydfi.com
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The original post can be found at: CryptoPotato