BambooDeFi: A new way for users to make a steady income
Decentralized finance protocol, BambooDeFi, developed by Nexxyo Labs, has conducted its Initial exchange offering on the ChainX cryptocurrency exchange on December 25. It will be done in three phases that will last till January 30, 2021. After the IEO on the ChainX, it will be listed on another decentralized exchange Uniswap, as per the protocol team. Bamboo is an Ethereum dependent Decentralized Finance platform created for facilitating the exchange along with storage and development of cryptocurrencies. After completion of two pre-sales successfully and selling of around 1.2 million Bamboo coins, the project has also become one of the proud members of the EEA or Enterprise Ethereum Alliance. This also certifies their solution to bring in some of the proven solutions of cryptocurrency and all innovations to the community. 2,438,408.6 BAMBOO (97.54%) of 2,500,000 Bamboo were sold during the pre-sale. Remaining 61,591 BAMBOO has been burned and the burning process will be repeated wi