Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list ZRO (LayerZero) on June 20, 2024. The details are as follows.
List Time
1. Deposit: 04:00 on June 20 (UTC)
2. Withdrawal: 04:00 on June 20 (UTC)
3. Trading pair: ZRO/USDT
4. Opening method: Call Auction
a. Call Auction
12:00-12:05 June 20 (UTC)
Orders can be placed and canceled
12:05-12:10 June 20 (UTC)
Orders can be placed but cannot be canceled
b. Trading
12:10 June 20 (UTC)
About ZRO
LayerZero is a messaging protocol, not a blockchain. Using smart contracts deployed on each chain, in combination with Decentralized Verifier Networks (DVNs) and Executors, LayerZero enables different blockchains to seamlessly interact with one another.
In LayerZero V2, message verification and execution have been separated into two distinct phases, providing developers with more control over their application's security configuration and independent execution.
Combined with improved handling, message throughput, programmability, and other contract-specific improvements, LayerZero V2 provides a more flexible, performant, and future-proof messaging protocol.
About Automated Market Making (AMM)
AMM is supported for the ZRO/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
June 20, 2024
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