CoinEx Weekly Recap, 5–11 April 2021
Dear CoinEx users, to keep you updated each week, we will share with you a recap of all the exciting events of the previous week. Below are major events that occurred in the ecosystem over the 5–11 April 2021.
The TKO token, by Tokocrypto, will be the first local Indonesian cryptocurrency project to offer a unique exchange token model, allowing token holders to use the token for trading fee discounts, participation in deposit & savings programs, cross-platform DeFi use cases, and an NFT marketplace.
RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out.
Origin Protocol is a network that allows market participants to share goods and services through peer-to-peer (P2P) networks. The platform aims to create an extensive online marketplace leveraging the Ethereum (ETH) blockchain and Interplanetary File System (IPFS) in order to eliminate the need for middlemen.
CoinEx will support Pundi X(NPXS) smart contract swap and redenomination plan. CoinEx will take a snapshot of all NPXS balances at 2021–04–08 03:00 (UTC) and begin the distribution of PUNDIX to all eligible users at a ratio of 1,000 NPXS = 1 PUNDIX.
In order to optimize our VIP membership mechanism, we stoppted rewarding the 3-month VIP1 privilege to referred registered users from various channels from 6:00 on April 8, 2021 (UTC).
To improve the liquidity of our market and the development of our ecosystem, we will support AMM for 2 markets listed on CoinEx on April 8, 2021 (UTC).
CoinEx Chain team plans to launch a new smart chain that supports smart contracts: CoinEx Smart Chain (CSC), and the existing DEX chain will stop running after the CSC mainnet goes online.
If you have CET on the chain, please deposit to the CoinEx Exchange as soon as possible.
To provide you with better services, we officially open the deposit service of CoinEx Chain-based DAC token (CETdac Token), FXT token (FX Token), ZJL token (zhoujielun) at 8:00 (UTC) on April 8, 2021. After the CoinEx Smart Chain (CSC) mainnet is online, we will also support their withdrawals.
Audius is a blockchain-based multi-centralized music sharing platform that aims to remove the intermediate links and additional costs of music streaming services, thus allowing artists to directly get their due revenue from their works. It facilitates direct transactions between listeners and artists, giving everyone the freedom to distribute, monetize, and stream unstoppable audio.
As a global and professional cryptocurrency exchange service provider, CoinEx was founded in December 2017 with Bitmain-led investment. It is a subsidiary brand of the ViaBTC Group, which owns one of the largest BTC mining pool, which is also the largest of BCH mining, in the world.
CoinEx supports perpetual contract, spot, margin trading, and other derivatives trading, and its service reaches global users in nearly 100 countries/regions with various languages available, such as Chinese, English, Korean and Russian.