[Important] ERB is about to go online and will implement a strict PDG delisting protection system

(Photo) ERB Platform Speaker: Yan Min

Currently, many cryptocurrency exchanges on the market have begun to introduce a cryptocurrency delisting system (delisting protection). This delisting protection system has long been prevalent in the stock market, but it is just starting to take off in the cryptocurrency market. Many exchanges claim that the purpose of this system is to protect investors' property, but its practicality is questionable because delisting does not mean that investors' losses can be compensated.

The PDG system that ERB Exchange is preparing will use the exchange's own cash reserves to guarantee a certain amount of investment funds for investors. ERB Exchange has signed a $20 billion PDG fund guarantee agreement with the US investment company McKinley, and the first batch of $5 billion has been received. The PDG system will be applicable to ERB (Exchange Right Block) of ERB Exchange and various project tokens issued by the exchange in the future.

ERB will be officially launched on the BitSG exchange in Singapore in March. According to an insider from the exchange, "This listing is a pre-listing, and we plan to officially list it after the head office moves to Dubai. Compared with the pre-listing, the price after the official listing will increase by 10 times." The insider also revealed that "For this listing in Singapore, ERB's Chairman Yan Min will introduce a new large-scale project at the roadshow. At present, a trading platform project with annual sales of 5 trillion won is being discussed in depth.