Flex Yang

It is reported that Flex Yang, the former founder of Babel Finance, launched the distributed stable currency HOPE. The initial reserve assets of HOPE will include Bitcoin and Ethereum. The HOPE ecosystem includes four agreements, namely HopeSwap, HopeLend, HopeConnect and HopeEcho, providing transaction, lending, derivatives and synthetic asset functions. In addition, the project will launch an incentive and governance token LT (Light Token) to encourage users to participate in ecological application and governance. Interpretation of this information: Flex Yang, who is the former founder of Babel Finance, has reportedly launched…