We are launching CoFiX!
We will launch CoFiX on October 12, the liquidity mining and trading mining will start simultaneously. https://cofix.io/
We will launch CoFiX on October 12, the liquidity mining and trading mining will start simultaneously.
The new automated market-making protocol CoFiX is to go live at 8 p.m. Singapore Time (UTC +8) on October 12 after seven-months of research, design, development, and testing. A mining program (including liquidity and trading mining) will start at the same time.
CoFiX protocol will reward users with CoFi tokens, the native token of the CoFiX Protocol. Users can earn CoFi by providing liquidity or trading on CoFiX. Per the token mining incentive system of CoFiX, the protocol will distribute 90% of total CoFi tokens to users through liquidity mining and trading mining. The CoFi token represents the governance and dividend rights in the CoFiX protocol.
CoFiX DApp 1.0 will support USDT-ETH and HBTC-ETH pools and have asset swaps for ETH, USDT, and HBTC. The CoFiX protocol is permissionless. Users can activate a trading pool in the smart contract as long as there is a NEST Oracle price quote. The first two pools to join the mining are USDT-ETH and HBTC-ETH, as the NEST Protocol can provide stable price feeds for these assets.
Blockchain security firm CertiK has audited all the CoFiX smart contracts. The audit reports are available online: https://github.com/Computable-Finance/CoFiX/tree/master/security_audit
For more details about mining in CoFix, see here: https://github.com/Computable-Finance/Doc#7-token-mining-incentive-system
CoFiX DApp 1.0: https://cofix.io/
GitHub: https://github.com/Computable-Finance
Papers: https://cofix.io/doc/CoFiX_White_Paper.pdf
Product documents: https://github.com/Computable-Finance/Doc
Twitter: https://twitter.com/cofixprotocol
Telegram: https://t.me/CoFiXProtocol
