Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list NIBI (Nibiru Chain) on Mar 12, 2024. The details are as follows.
List Time
1. Deposit: 08:00 on Mar 12 (UTC)
2. Withdrawal: 08:00 on Mar 13 (UTC)
3. Trading pair: NIBI/USDT
4. Opening method: Call Auction
a. Call Auction
08:00-08:50 Mar 12 (UTC)
Orders can be placed and canceled
08:50-09:00 Mar 12 (UTC)
Orders can be placed but cannot be canceled
b. Trading
09:00 Mar 12 (UTC)
About NIBI
Outstanding Performance: Performance-wise, Nibiru excels. The network can process 40,000 transactions per second, has instant finality and1.4 second block times even with a maximum-capacity, decentralized validator set. Nibiru empowers developers to seamlessly build a future of decentralized applications.
Parallel Optimistic Execution: A fundamental limitation in scaling many blockchains today is the inefficiency of sequentially executing transactions. Nibiru Chain addresses this limitation by introducing support for parallel, or optimistic, execution allowing multiple independent transactions to be processed simultaneously.
Unrivaled Security: Smart contracts in Nibiru's primary execution engine (Wasm) are impervious to the vast majority of common attack vectors, such as reentrancy, arithmetic overflow/underflow, short address attacks, and many others that plague the Web3 landscape. Nibiru’s resilient security enables high-reliability apps to be brought to life more rapidly and scale to serve the growing blockchain user base.
Comprehensive Developer Toolkit: Web3 Software Development Kits (SDKs) in several modern programming languages like TypeScript, Golang, Python, and Rust.
Nibi-Indexer: A user-centric tool that offers transparent blockchain data for analyzing smart contracts and transactions via GraphQL. Nibi-Indexer is an indispensable resource for developers, providing reliable on-chain data for trust and verification.
Nibi-Oracle: Presenting a native oracle solution, Nibi-Oracle allows validator operators to actively participate in oracle consensus voting to integrate off-chain data onto the blockchain with high fidelity.
Native EVM-compatibility: Builders on Nibiru have the flexibility to choose their execution environment, opting for either the security and performance of Wasm or the convenience of the EVM. Scheduled for release in 2024, native EVM support will open the door for the global community of EVM developers to leverage familiar, existing tools and programming languages.
Nibiru boasts an open ecosystem featuring a collection of dApps, combining various functions such as exchanges, stablecoins, data indexers, and smart contract royalties into one unified system. The 'Super App' aims to provide a seamless and user-friendly experience for everyone, simplifying blockchain development.
About Automated Market Making (AMM)
AMM is supported for the NIBI/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
Mar 12, 2024
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