Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list SAROS (Saros) on Feb 2, 2024. The details are as follows.
List Time
1. Deposit: 03:00 on Feb 2 (UTC)
2. Withdrawal: 03:00 on Feb 2 (UTC)
3. Trading pair: SAROS/USDT
4. Opening method: Call Auction
a. Call Auction
03:00-03:50 Feb 2 (UTC)
Orders can be placed and canceled
03:50-04:00 Feb 2 (UTC)
Orders can be placed but cannot be canceled
b. Trading
04:00 Feb 2 (UTC)
About SAROS
Saros Finance has three fundamental building blocks: SarosSwap (AMM), SarosFarm, and SarosStake, in which SarosSwap is the core of the entire ecosystem.
SarosSwap is a decentralized automated liquidity protocol built on Solana that allows users to exchange SPL tokens. SarosSwap will maximize price discovery, drawing retail investors to Solana.
SarosFarm is an aggregation platform for different incentivized pools to assist projects rapidly and gradually increase their liquidity. SarosFarm and Saros will entice and engage liquidity providers, resulting in a large inflow of funds while simplifying and accelerating liquidity bootstrapping and encouraging new projects to be built on Solana.
SarosStake is dedicated to increasing user staking income by single-asset staking to maximize yields with no risk of impermanent loss. Like SarosFarm, SarosStake is also expected to attract liquidity providers, expedite liquidity bootstrapping, and promote the development of new Solana projects.
About Automated Market Making (AMM)
AMM is supported for the SAROS/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
Feb 2, 2024
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