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WSB DApp Powered by ETP Ramps up Wall Street Decentralization with ProBit Exchange Listing

Other 2021/05/17 11:30 by PR DESK
WSB DApp Powered by ETP Ramps up Wall Street Decentralization with ProBit Exchange Listing

WSB DApp is a community-owned decentralized version of r/wallstreetbets, the group behind the highly publicized short squeeze of stocks including Gamestop that were being massively shorted by hedge funds. The governance token WSB boasts utility well beyond the norm and recently was listed on ProBit Exchange.

As part of the underlying corporate vision, the platform also includes the WSB DAO which specifically encourages the free flow of information and offers an alternative to centralized financial institutions.

Centralized asset custodians derive substantial revenue from financial product sales such as bonds and derivatives while firms that create financial products have full autonomy over key features including fee structures and governance details at the product’s conception. 

Utilizing blockchain technology, the WSB DApp democratizes this currently centralized oversight with the Wall Street Bets ETP (Exchanged Traded Portfolio), which mimics the function of traditional financial instrument providers offering decentralized index-fund type instruments. Assets within this portfolio are not confined to trading windows and are borderless, self-custodial, liquid, fungible, and instantly redeemable.

Governance capabilities for WSB holders are diverse and include ETP rebalancing polls, ETP concept pitches, rebalancing frequency votes, and critical industry integration decisions. All ETP products will contain a 2% per annum management fee and WSB token holders will vote to determine the function of these accumulated fees.

WSB DApp brings elevated product diversity and growth potential to a now $100B DeFi sector. With crypto-finance apps and asset management tools at the forefront of the crypto space, WSB DApp has ambitious growth potential and aspirations to support burgeoning projects and the WSB ecosystem through strategic partnerships.

ABOUT PROBIT GLOBAL

ProBit Global is a Top 20 crypto exchange worldwide servicing crypto enthusiasts with unlimited access to trade and buy Bitcoin, Ethereum and 600+ altcoins in 1000+ markets.

Why Get PROB this May?

  1. Instant event access to ProBit Exclusive Manic NFT MAYhem!
  2. Join ProBit Cup with 20,000 USDT in prizes!
  3. Move up to at least VIP 2 and get bonus PROB tokens.
  4. Receive free Netflix subscription in USDT just by moving to VIP 3 or above.
  5. Be eligible for Trading Competitions just by staking PROB.
  6. Get higher IEO bonuses with PROB purchases.
  7. Lower trading fees to 0.03% by paying with PROB.
  8. Stake PROB and earn PROB at a rate of 4% per annum.
  9. Earn 10-30% of trading fees by referring friends to ProBit.
  10. PROB Reserves improve the ProBit Global ecosystem and provide maximum value for PROB holders.

PROBIT GLOBAL IS A BRAND TRUSTED BY MILLIONS OF USERS 

100,000+ community members
800,000+ monthly active users

3,000,000 monthly web visitors

50,000,000 users on partnering aggregators and wallets such as CoinMarketCap

User interface of Multilingual website supporting 41 different languages

Marketing and community support in 8 key languages

Join our active programs and get huge benefits!

1. Trading Fee Discount: Buy PROB, pay trading fees with PROB & get as low as 0.03% trading fee

2. Stake Mining: Stake PROB and earn PROB at a rate of 4% per annum 

3. Referral Program: Earn 10-30% of trading fees for referring friends to ProBit

4. ProBit Exclusive: Subscribe to 50% off Top 200 tokens 

5. Auto Hold Campaigns: Hold tokens and get 6% annualized returns

ProBit Global: www.probit.com

ProBit Telegram: https://t.me/ProbitEnglish

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