Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list ZEND (zkLend) on Mar 15, 2024. The details are as follows.
List Time
1. Deposit: 03:00 on Mar 15 (UTC)
2. Withdrawal: 03:00 on Mar 15 (UTC)
3. Trading pair: ZEND/USDT
4. Opening method: Call Auction
a. Call Auction
03:00-03:50 Mar 15 (UTC)
Orders can be placed and canceled
03:50-04:00 Mar 15 (UTC)
Orders can be placed but cannot be canceled
b. Trading
04:00 Mar 15 (UTC)
About ZEND
The objective at zkLend is to offer a straightforward, secure, and efficient money-market platform for users' liquidity needs. zkLend is a permissionless lending market designed specifically for retail users. Users can deposit and borrow digital assets through their wallets anytime. Those who deposit digital assets into the protocol can earn a yield derived from interest paid by other users borrowing these deposited assets. At the same time, users can enable these deposited assets as collaterals to borrow other assets.
About Automated Market Making (AMM)
AMM is supported for the ZEND/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 15, 2024
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