Scopuly - Stellar DeFi

👑 The regulator in Hong Kong has given the green light to spot-based ETFs tied to Bitcoin and Ethereum. 🆗

👍 The Securities and Futures Commission (SFC) of Hong Kong has given the green light to Boshi International, HashKey Capital, China Asset Management, and Harvest Investment to introduce spot Bitcoin and Ethereum ETFs. ⬆️

🔤loomberg sources hinted on April 12 that the Special Administrative Region of China might register these products as early as April 15, though they cautioned that deadlines could shift last minute.🧐

👐 Estimates from Matrixport suggest that the demand for Bitcoin ETFs in Hong Kong could soar to $25 billion.👍

😳 Bitcoin and Ethereum have responded positively to this news. According to CoinGecko, the daily growth rates of Bitcoin have risen to 2.7%, while Ethereum's have surged to 5.3%, offsetting the downturn seen on April 12-13. 😎

📈 Subsequently, Johnny Ng Kit-chong, a member of the local Legislative Council, emphasized the jurisdiction's need to "take the lead" in implementing crypto funds.💥

👀 Stellar Soroban Experiment: Every Employee Writes, Deploys, and Invokes Smart Contracts – What Impact Does This Have on The XLM Network?

In February, the Stellar Development Foundation (SDF) conducted an experiment to improve the user interface (UI) and user experience (UX) of the Soroban smart contract network. The initiative involved both coding and non-coding staff members. 🌟

The core of the experiment was Okashi, a web-based platform developed specifically for the Soroban protocol. To engage participants, SDF and Okashi introduced "The Okashi Cakewalk," a game guiding players through smart contract creation. The goal was to establish a user-friendly model accessible to all. 🎮

However, incentivizing dogfooding, a method of product testing, posed challenges. It requires employees to adopt the user's perspective, which can be difficult, especially for developers. Nevertheless, the benefits of dogfooding are significant. 📊

"The Okashi Cakewalk" provided an entertaining and educational experience. Participants created over 170 NFTs on Futurenet. Ultimately, SDF significantly improved UI and UX based on participant feedback. 🖼

This experiment has implications for the XLM network: proficiency with Soroban smart contracts may lead to increased innovation and DApp creation. Soroban's integration simplifies complex financial products on the Stellar network, potentially driving demand for XLM. 💡

In conclusion, the Soroban experiment has garnered optimism from analysts, who predicts XLM climbing to $5 due to its expanding potential. 🚀

📱 @scopuly | @scopulynews

🌟 Exploring Liquidity Pools and AMM on Stellar 🌟

As the Stellar network evolves, it’s essential to understand the emerging concepts of liquidity pools and Automatic Market Maker (AMM) 🚀

These features provide users with new opportunities for trading, earning, and participating in the Stellar ecosystem. In this article, we’ll explore the intricacies of liquidity pools, AMM, and how you can become a part of this exciting environment by creating a Stellar wallet on Scopuly.

💧What Are Liquidity Pools on Stellar?

Liquidity pools on Stellar are asset pairs with funds locked in by liquidity providers. These pools enable automatic trading between the assets without relying on limit orders or an order book. This automatic trading process helps maintain smooth transactions and reduces the dependency on traditional trading methods.

💰Understanding AMM in the Context of Liquidity Pools

Liquidity pools on Stellar are asset pairs with funds locked in by liquidity providers AMM, or Automatic Market Maker, plays a pivotal role in liquidity pools by automatically calculating token prices within a trading pair based on the balance of both tokens in the pool. This approach ensures a seamless supply of liquidity for traders, eliminating the need for traditional order matching.

Read more 👉 on Medium

📱 @scopuly | @scopulynews

Defeating 504 Timeout on Scopuly 🛠

504 Error: Delay between Scopuly and Stellar network. Causes:

1️⃣ Stellar Core delay.
2️⃣ Scopuly awaiting Stellar Core.

Troubleshoot:
1️⃣ Resubmit transaction.
2️⃣ Increase fees.

Steps:
1️⃣ Log in Scopuly.
2️⃣ Choose higher fee.

Confirmation: Prioritize transaction, balance cost.

Remember:
Resubmit without fee may help.
Increasing fee prioritizes but costs.
Check network congestion.

Resolve 504 Timeout on Scopuly!
More detail: 👉🏿 Medium 😎

🌟 Stellar: What You Need to Know About XLM 🌟

Stellar (XLM) is a cryptocurrency and payment protocol designed for fast, low-cost, and cross-border transactions. Founded in 2014 by Jed McCaleb, Stellar operates on a distributed ledger called the Stellar blockchain, utilizing the Stellar Consensus Protocol (SCP) for consensus.

🔑 Key Features:

Enables seamless transactions between different currencies. 💱
Focuses on financial inclusion for the unbanked and low-income individuals. 🌍
Decentralized network facilitating money and asset exchange. 🔄
XLM token economy supports transaction facilitation and network security. 💼
Utilizes trustlines for efficient transaction processing. 🔗
Supports custom token issuance for various assets. 🪙

🌐 Stellar Ecosystem:

Stellar Network: Decentralized protocol for transactions. 🌐
Stellar Lumens (XLM): Native cryptocurrency facilitating transactions. 💫
Nodes: Verify and validate transactions on the network. 🖥
Anchors: Bridge between Stellar network and traditional financial systems. 🌉
Stellar Development Foundation (SDF): Manages and promotes the Stellar protocol. 🏛
DApps: Decentralized applications leveraging Stellar's functionalities. 📱

Don't forget to stay updated with the latest developments in the Stellar ecosystem! 🚀 And remember to create a wallet on DeFi Scopuly for seamless management of your XLM tokens! 🔑 #DeFi #Stellar #XLM #Cryptocurrency

📱 @scopuly | @scopulynews

🚀 Congratulations to the SCOP community!

We're thrilled to announce that the $SCOP token has reached a milestone of 36,280 holders! 🎉 Thank you to each and every one of you for your continued support and belief in the Scopuly ecosystem.

To all our new members, welcome aboard! 🌟 Join the ever-growing community of SCOP token holders by creating an account on Scopuly and becoming part of the future of finance. Let's build together and unlock the full potential of decentralized finance! 💫

Token Information:

10,000,000,000 SCOP tokens (fixed) were issued on 16 August 2019 22:35:07. The issuer’s account is permanently blocked and the issue of tokens is not possible. Confirmation on Stellar.Expert.

🔹 Asset Name: Scopuly Token
🔹 Asset Code: SCOP
🔹 Asset Issuer: GC6O...H3VQ
🔹 Total Supply: 10B
🔹 Domain: scopuly.com
🔹 Supply Status: Locked
🔹 Token Type: Stellar
🔹 Holders: 36,281
🔹 Toml file: https://scopuly.com/.well-known/stellar.toml

More: 👉 https://scop.scopuly.com/

#SCOP #Scopuly #CryptoCommunity

📱 @scopuly | @scopulynews

🚀 Exciting News for Stellar Users! 🌟

🔵 MYKOBO is thrilled to announce support for Euro deposits and withdrawals of Circle’s EURC, the euro-backed stablecoin, on the Stellar blockchain!

🌍 What does this mean for users? European users with Stellar wallets can now seamlessly make Euro deposits and withdrawals using Circle’s EURC via the SEPA network.

🔑 Access this service through the trusted Scopuly wallet, known for its simplicity and security, available on both iOS and Android.

💰 Why choose Circle’s EURC Stablecoin? MYKOBO believes in its potential for crypto capital markets, with full backing ensuring it’s always redeemable 1:1 for Euro. Plus, Circle’s track record and transparency provide added trust and security.

🔄 What about MYKOBO’s EURC Stablecoin? Full support continues as MYKOBO expands its partnership with Circle, aiming to build a trusted and interoperable Euro Stablecoin.

🌐 What is MYKOBO? It’s your bridge from European finance to blockchain, offering Euro Stablecoins pegged 1:1 with the Euro, with over 20K users already benefiting from platforms like Beans, xBull, and more.

🌟 And Stellar? It’s where blockchain meets the real world, offering solutions like aid disbursement and faster cross-border payments.

💶 What is SEPA? It’s your gateway to cashless Euro bank payments across the EU and beyond.

Don’t miss out! Start your EURC journey today with MYKOBO on Stellar! Click the link to get started: Scopuly Wallet 🚀🌍💰

📱 @scopuly | @scopulynews

🌟 Welcome to the Scopuly community! 🌟
Here's some essential info about Stellar for our new members:

Stellar is a blockchain network designed for payments and tokenization 💸. It facilitates cross-asset transfers of value, allowing exchanges between fiat-based currencies and cryptocurrencies 🔄. The Stellar Development Foundation (SDF) supports the network and is involved in various initiatives to promote its growth and adoption 🚀.

The native cryptocurrency of the Stellar network is called Stellar Lumens (XLM) ✨. XLM is used to pay transaction fees on the network and provides liquidity as a bridge currency for assets issued on the network by trusted entities called anchors ⚓. XLM also plays a role in rewarding and incentivizing various participants in the Stellar ecosystem, such as holders, traders, liquidity providers, and ambassadors 🌐.

Stellar aims to provide scalable and affordable solutions for global financial inclusion 🌍. It utilizes the Stellar Consensus Protocol, which sets it apart from other cryptocurrencies like Bitcoin and Ethereum 🛠️.

Please note that the cryptocurrency market is highly volatile, and any investment or speculation should be cautiously considered, considering risk tolerance and monetary goals ⚠️. The price trajectory and future developments of XLM will depend on various factors, including market sentiment, acceptance, and progress in development 📈.

For the most up-to-date and detailed information about Stellar (XLM), I recommend visiting official Stellar websites, reputable cryptocurrency news platforms, or following Stellar's official social media accounts 📲.

Disclaimer: Cryptocurrency investments carry risks, and it is essential to conduct thorough research and seek professional advice before making any investment decisions. 🛑

#DeFi #Stellar #cryptocurrency #XLM #Scopuly

📱 @scopuly | @scopulynews

🚀 Exciting News Alert! 🌟

Dear Scopuly Community,

We are thrilled to announce a new partnership that opens up exciting opportunities for all our users! 🎉

The Dogstar team has added Scopuly to their brand new website as a featured platform where you can securely hold and trade their XTAR tokens! 🌐💱 👉 https://dogstarcoin.com

This collaboration signifies a significant milestone in our journey towards expanding access to diverse cryptocurrency assets and fostering greater connectivity within the crypto community.

Now, Scopuly users can seamlessly engage with the innovative XTAR tokens, unlocking new avenues for investment, trading, and growth within the Scopuly ecosystem.

🔥 Don't miss out on this incredible opportunity! 🔥

Head over to the Dogstar website to explore the integration and start trading XTAR tokens on Scopuly today. It's time to take your crypto experience to the next level!

Stay tuned for more updates and exciting partnerships as we continue to revolutionize the crypto landscape together!

#Scopuly #Dogstar #XTAR #CryptoPartnership #Cryptocurrency #Blockchain 🚀

📱 @scopuly | @scopulynews

🚀 Introducing SCOP Token - Powering the Future of Finance on Scopuly! 🌟

$SCOP rewards users, traders, and liquidity providers, fostering community growth and ecosystem development.

With distribution through rewards, airdrops, and various initiatives, SCOP ensures fair token distribution and community engagement.

💰 Get rewarded for holding SCOP with holder rewards, enjoy liquidity rewards for providing liquidity, and earn trader rewards for active trading. Plus, receive cash back on Scopuly Card payments and referral rewards for inviting new users.

🛡️ SCOP plays a vital role in accessing services like the Crypto Card, staking, and liquidity mining, offering discounts on fiat exchange fees, and incentivizing active trading and liquidity provision.

🔼🔼🔼SCOP is available on: 👉 Scopuly, Lobstr, StellarX, StellarTerm and other Stellar exchanges and wallets.

Join us in shaping the future of finance with SCOP token on Scopuly - where rewards, community, and innovation meet!
#SCOP #Scopuly #Crypto #DeFi 🌐

📱 @scopuly | @scopulynews

🚀 The crypto market is booming! 🚀

📈 Here are some key factors driving its expansion:

1️⃣ Technological Innovations: Cryptocurrencies and blockchain technology are revolutionizing industries with innovative solutions.

2️⃣ Increased Adoption: More users and institutions are recognizing and accepting cryptocurrencies, leading to infrastructure growth.

3️⃣ Financial Inclusion: Cryptocurrencies provide financial access to millions globally, boosting user numbers and trading volumes.

4️⃣ Global Trends: Economic instability fuels interest in cryptocurrencies as a hedge against inflation and currency devaluation.

5️⃣ Institutional Investments: Hedge funds, pension funds, and large companies are pouring investments into the crypto market.

6️⃣ Technological Progress: Advancements in scalability, privacy, and interoperability are breaking barriers to adoption.

7️⃣ Regulation and Legitimacy: Transparent regulations build trust, attracting more investors and entrepreneurs.

In summary, the crypto market's rapid growth is driven by various factors, presenting immense opportunities.

👉 Read more

Ready to dive into the future of finance? 💰 Join Scopuly, the decentralized finance (DeFi) wallet! Manage your assets, trade, invest, and earn rewards securely and effortlessly. Don't miss out – embrace the future with Scopuly! 🌐

#Cryptocurrency #Blockchain #DeFi #Scopuly 🚀

📱 @scopuly | @scopulynews

🚀 Exciting News from Dogstar League! 🚀

Dear Scopuly Community,

We are thrilled to announce the successful completion of the 8th round of the Dogstar League, proudly sponsored by Scopuly! 🌟

This round witnessed an incredible display of skill and enthusiasm from about 200 participants, making it yet another thrilling event in our crypto gaming journey.

Congratulations to all the participants for their remarkable efforts and achievements! 🎉

As part of our commitment to fostering innovation and engagement in the crypto space, Scopuly proudly contributed an original 16K SCOP bag, with 30% of prizes totaling 4.8K $SCOP distributed among the top 10 players. 💼

But the excitement doesn't end here! With 10,790 SCOP remaining from this round, we're gearing up for even more thrilling competitions and opportunities in the near future. 🔥

Don't miss out on the action! 🎮

Join the fun and gain valuable experience by participating in the Dogstar League. It's not just a game; it's an opportunity to PLAY, LEARN, and EARN without any risk!

And here's a pro tip: Ensure you have access to the Stellar blockchain by creating an account in the Scopuly DeFi wallet. It's your gateway to a world of endless possibilities in crypto gaming and beyond. 💼

Stay tuned for more updates and announcements as we continue to revolutionize the crypto gaming landscape together!

#DogstarLeague #Scopuly #CryptoGaming #DeFi #PlayLearnEarn 🌐

📱 @scopuly | @scopulynews

🚀 Exciting News Alert! 🚀

🌟 Attention Scopuly Community! 🌟

We're thrilled to announce that our talented design team has been hard at work, and we have something truly special to share with you all. 🎉

🔥 Drumroll, please... 🔥

We're delighted to unveil the concept design for Scopuly on the Apple Watch! 🍏⌚️

Yes, you heard it right! Now, you can carry the power of Scopuly right on your wrist, bringing convenience and accessibility to a whole new level. Whether you're on the go or simply want to stay updated with the latest in the crypto world, Scopuly on your Apple Watch has got you covered.

Our design team has poured their creativity and expertise into crafting an intuitive and seamless experience tailored specifically for the Apple Watch, ensuring that you can stay connected and in control, wherever you are.

Make sure to check out the concept design and let us know your thoughts! Your feedback means the world to us as we strive to enhance your Scopuly experience.

🔍 Be the first to know about important updates, announcements, and exciting events by subscribing to our social networks.

👉 Follow us on Twitter, YouTube, and Medium, and join our Telegram community to ensure you never miss a beat!
🔹 Website
🔹 CoinMarketCap

Thank you for your continued support as we embark on this exciting journey together. Together, we'll shape the future of decentralized finance, one innovation at a time! 💫

#Scopuly #Stellar #AppleWatch #ConceptDesign #CryptoInnovation #StayConnected 🚀

📱 @scopuly | @scopulynews

🎉🌟 We've hit a milestone in the @scopuly group! 🌟🎉

🚀 Congratulations to our incredible community on reaching 22,000 members! 🚀

🎊 This achievement is a testament to the passion, dedication, and support of each and every one of you. Together, we're building something truly remarkable in the world of decentralized finance! 🎊

🌟 Thank you for being part of this journey and for making the @scopuly group such a vibrant and welcoming space. Here's to many more milestones ahead! 🌟

🥳 Let's celebrate this achievement together and continue to grow stronger as a community. Spread the word, invite your friends, and let's keep pushing the boundaries of what's possible with Scopuly! 🚀💫

📱 @scopuly | @scopulynews

🟡 Embrace Financial Freedom with Scopuly

🤭 Ready to revolutionize the way you manage money?

Dive in and experience the speed, efficiency, and security of Scopuly. Remember, you’ll be trading digital assets in seconds, all while keeping costs to a minimum. And let’s not forget the peace of mind that comes with controlling your own private keys.

No middlemen, no fees, just you and your financial freedom. So, why wait? Take the leap. Join the new decentralized economy. Start using Scopuly today. 🔥

Video:➡️ https://youtu.be/tiOk0ZzkmNU

📱 @scopuly | @scopulynews

🚀 Unlocking Opportunities: The Versatility of the SCOP Token in the Scopuly Ecosystem 🌐

In the fast-paced world of blockchain technology, the SCOP token shines as a dynamic asset within the Scopuly ecosystem. It offers a plethora of functionalities and benefits to its holders, empowering users and fostering community growth.

🔑 Key Features:
1. Access to Rewards
2. Access to Launchpad
3. Cashback with Scopuly Crypto Card
4. Payment for Crypto Card Issuance
5. Commission Coverage for Fiat Exchange
6. Payment for Mass Stake Rewards
7. Payment for Mass Sender Service
8. Payment for Toll Hosting on StellarJump
9. Premium Account in Scopuly Applications
10. Payment for Advertising Impressions

💡 Expanding Horizons:
The utility of SCOP tokens goes beyond traditional rewards. With the Scopuly crypto card, users enjoy global transactions with a +5% cashback in SCOP tokens. Additionally, SCOP tokens facilitate various ecosystem services like mass stake rewards and toll hosting, enhancing user experience and ecosystem sustainability.

🔮 Unveiling Tomorrow:
As the Scopuly ecosystem evolves, the potential of SCOP tokens grows. With new functionalities on the horizon, SCOP tokens remain a valuable asset for users seeking to maximize engagement and unlock opportunities in the blockchain space.

📖 Read more on Medium: 👉 https://medium.com/post/e7c3960390b8

📱 @scopuly | @scopulynews

🌟 Discover the Future of Money Management with Scopuly! 🚀

Tired of high fees and sluggish transactions? Welcome to Scopuly, where you control your funds without fees. Unlock the potential of Stellar Network for fast, cost-effective transactions.

Safeguard your assets with USDC Stablecoin. Simplify transactions with Scopuly's QR Payment Requests. Revolutionize money management now!

Read more on Medium: 👉 https://medium.com/post/9327580bfa8d

Stay tuned for updates! 💡 #Scopuly #Crypto #FinanceFuture #Decentralization

📱 @scopuly | @scopulynews