CoinEx, a global cryptocurrency exchange service provider, is the first to have listed OneSwap’s ONES token, while also launching the Initial Trade Offering (ITO) event.
OneSwap is a fully decentralized exchange protocol on smart contracts. Lately, it has attracted a lot of attention in the DeFi world, because it combines the automated market makers (AMM) model with an on-chain order book, as well as a user-friendly interface with a candlestick chart, depth map, price trends, and trading volumes.
CoinEx once soared to the top of the volume rankings of exchanges after adopting “trans-fee mining.” Now, it is also actively exploring how to participate in the DeFi ecological construction during this year’s DeFi mining wave, and how to let CoinEx users enjoy the benefits.
Therefore, when the DeFi tide came in 2020, CoinEx was the first to establish an Ecosystem Development Fund to promote the stable development of the DeFi ecosystem and help DeFi be applied on a larger scale in the financial industry.
Since the establishment of the Ecosystem Development Fund, the CoinEx team has conducted in-depth research and analysis of dozens of DeFi projects worldwide. Finally, OneSwap successfully got the first investment from the Fund.
CoinEx has also listed OneSwap’s token ONES and the Initial Trade Offering (ITO) Event runs from September 19 through October 8. During this time, users will earn a corresponding mining award from conducting and completing a transaction.
Users can get ONES as a reward by trading on CoinEx (no limit on tokens, trading pairs, or markets). The total daily reward is 25,000 ONES, of which 20,000 ONES is for spot trading (including margin trading) and 5,000 ONES goes to perpetual contract trading.
Only users who have submitted applications for this event will be deemed as qualified participants. Click here to apply.
Click here to learn more about CoinEx’s ITO.
OneSwap also launched ONES market and officially supports yield farming and order mining simultaneously. For more details, refer to – 《OneSwap Initial Mining Officially Goes Live Yield Farming and Order Mining Rules Unveiled》
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Disclaimer: This is a paid post and should not be considered as news/advice