Soon on Bitvavo: ONDO, ASTR, BLZ, SSV & DYM

This week, we are expanding our asset offering with the addition of five new coins: Ondo (ONDO), Astar (ASTR), ssv.network (SSV), Bluzelle (BLZ), and Dymension (DYM). 

These coins were highly requested by the Bitvavo community, and we're pleased to share that they are soon available for trading.

Stay informed about the availability of these new assets through push notifications and our social media channels. Find out more about the new assets in this article.   

About Ondo (ONDO)

Ondo Finance operates as a blockchain-based financial system, offering users tokenized representations of real-world assets. The platform provides investment products called "vaults," developed on decentralized exchanges. Additionally, Ondo extends Liquidity-as-a-Service to DAOs, connecting them with underwriters, currently emphasizing stablecoin issuers, to create liquidity pools.

Established by former Goldman Sachs employees Nathan Allman and Pinku Surana, Ondo focuses on creating structured products within decentralized exchanges. The native token of Ondo Finance is ONDO.

About Astar (ASTR)

Astar (ASTR) serves as an interoperable blockchain platform catering to the Polkadot and Ethereum ecosystems. Astar achieves this by offering native access to both Polkadot and Ethereum via its parachain slot and Layer 2 scaling solution. Furthermore, Astar features bridges to various other prominent blockchain ecosystems. Astar has a Build2Earn mechanism, incentivizing developers to build decentralized applications with rewards.

The ASTR token is native to the Astar Network. At its core, the ASTR token has several functions, including payment for transaction fees, staking dApps, and dApp staking incentives and collator rewards. In addition, the token is used to support governance actions such as referendums and voting. 

ASTR will be trade only at first, deposits and withdrawals will be added later. 

About Ssv.network (SSV) 

Ssv.network is a fully decentralized and open-source ETH staking network, utilizing the Secret Shared Validator (SSV) technology. Also known as Distributed Validator Technology (DVT), SSV establishes an accessible and straightforward infrastructure for dividing and dispersing a validator key into multiple KeyShares. This enables the operation of an Ethereum validator across various non-trusting nodes.

Utilizing ssv.network for running an Ethereum validator brings about active-active redundancy, enhances validator key security, and contributes to the Ethereum network, staking pools, staking services, and individual stakers. The native token of ssv.network is Secret Shared Validator (SSV), primarily used for payments and governance. 

About Bluzelle (BLZ)

Bluzelle operates as a high-speed blockchain, boasting a transaction rate exceeding 10,000 transactions per second (TPS), surpassing many other blockchain networks. The platform's core offerings encompass data and file storage, along with specialized oracles catering to NFTs and DeFi applications. Bluzelle's primary focus is on serving artists, musicians, scientists, publishers, and developers, providing them with a secure space to safeguard their intellectual property. 

The native token for the Bluzelle ecosystem is referred to as BLZ. Users can employ BLZ tokens for network transactions and to access BluzelleDB and Oracle services. Additionally, token holders can participate in network governance and have the opportunity to earn rewards.

About Dymension (DYM) 

Dymension is a modular blockchain ecosystem created with the purpose of securing and connecting application chains, referred to as rollups, using the standardized Inter-Blockchain Communication (IBC) protocol. A modular blockchain specializes in specific functions instead of attempting to handle everything. Combining multiple specialized blockchains creates a more scalable and customizable system. For instance, rollups focus on execution and can offload tasks to other specialized modular blockchains.

Centered on play-to-earn gaming and decentralized finance (DeFi), the blockchain is overseen by the Dymension Hub. It improves data management with Data Availability Networks and provides a RollApp Development Kit for developers. Anchored by the DYM token, the network's operations and user rewards system were kickstarted through the Genesis Rolldrop, playing a pivotal role in Dymension's strategic growth in the blockchain sector.  

Considering DYM is a new project, please be aware of the higher risk associated with trading this asset. DYM will be trade only at first, we will add deposits and withdrawals later. 

Interested in these assets? Open an account and start trading.