Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list SEILOR (Kryptonite) on Jan 4, 2024 (UTC). The details are as follows.
List Time
1. Deposit: 07:00 on Jan 4 (UTC)
2. Withdrawal: 07:00 on Jan 4 (UTC)
3. Trading pair: SEILOR/USDT
4. Opening method: Call Auction
a. Call Auction
07:00-07:50 Jan 4 (UTC)
Orders can be placed and canceled
07:50-08:00 Jan 4 (UTC)
Orders can be placed but cannot be canceled
b. Trading
08:00 Jan 4 (UTC)
About SEILOR
Kryptonite protocol provides an infrastructure to ease staking for SEI users, with added features allowing users to earn compounded interest on SEI while accessing leverage. It represents the essential engine for liquid staking, leverage, and lending on SEI. The Kryptonite protocol emerges as an innovative and multifaceted ecosystem situated within the Sei blockchain, setting a new standard for DeFi protocols.
Kryptonite offers liquid staking as a service for the SEI community. SEI network validation is rewarded with block rewards and transaction fees. SEI stakers earn these rewards through delegation for network security and through a responsible selection of network validators. Kryptonite offers liquidity to these stakers in return for a portion of network fees earned by them. These fees, if paid in the network SEILOR token, are discounted.
About Automated Market Making (AMM)
AMM is supported for the SEILOR/USDT market. CoinEx AMM allows every user to become a market maker. By adding liquidity to the liquidity pool, users can share 50% of the trading fees earned in this market. The fee dividends are calculated daily. Learn about AMM >>
Risk Reminder
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the final interpretation of this announcement.
CoinEx Team
Jan 4, 2024
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