Hi Tokonauts,
We are excited to announce the listing of two new crypto assets for trading on Tokocrypto: Cow Protocol (COW) and Cetus Protocol (CETUS). This listing aims to provide a broader range of services and more profitable trading opportunities for all Tokocrypto users.
Trading for COW and CETUS will be available with USDT pairs (COW/USDT & CETUS/USDT) starting on November 7, 2024, at 7:00 PM WIB.
About Cow Protocol (COW)
Cow Protocol (COW) is a decentralized protocol (DEX aggregator) designed to offer a more efficient and secure trading experience within the Ethereum ecosystem. Think of it as a “travel agent” for transactions across multiple crypto trading platforms.
What makes Cow Protocol unique?
- Order Aggregation: Cow Protocol aggregates orders from various decentralized exchanges (DEX), enabling users to find the best transaction price with a single search.
- Security Focused: The protocol strongly emphasizes user security, featuring mechanisms such as protection against market manipulation (MEV protection).
- Active Community: Cow Protocol is supported by an active community, continually developing and innovating in the DeFi (Decentralized Finance) space.
- COW Token: This token is used for protocol governance, granting holders voting rights in decision-making processes.
Details:
About Cetus Protocol (CETUS)
Cetus Protocol (CETUS) is an innovative decentralized protocol in the DeFi world, offering a more efficient way to trade various crypto assets.
What makes Cetus Protocol unique?
- Concentrated Liquidity: Unlike most crypto trading platforms that use a traditional automated market maker (AMM) model, Cetus uses a concentrated liquidity concept. This allows liquidity providers to focus their assets within a specific price range, improving efficiency and maximizing returns.
- Trading Flexibility: Cetus allows users to perform complex transactions, such as limit orders, range orders, and swaps. This makes Cetus resemble a centralized exchange (CEX) but with the benefits of decentralization.
- Blockchain-Based: Built on the Sui and Aptos blockchains, which are known for their speed and scalability, Cetus enables fast and cost-effective transactions.
- Web3 Wallet: Cetus also offers a web3 wallet that allows users to manage their crypto assets safely and easily.
Details:
Cetus Protocol Website (CETUS)
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Note:
Cryptocurrencies are high-risk investments. Always do your research before investing.
This article is for informational purposes only and should not be considered investment advice.
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