Approaching the end of the second 30-day period, and following the first issuance of NEC to traders on Ethfinex, it has now been possible to collect further information and observe the effects of the market making incentive.
This report marks the first full month of operations for Ethfinex since the launch of the Nectar token.
Nectar entitles holders to claim rewards from fees generated on Ethfinex, maintain a stake in the long-term success and participate in future exchange governance. The ownership will become more decentralised as trading grows, resulting in a hybrid exchange platform owned and run by the community.
We are pleased to announce the launch of our Nectar Program — an initiative to reward traders with NEC, paving the way for the decentralisation of Ethfinex.
We’re excited to introduce to you the Ethfinex token sale platform — a crowdfunding platform designed to enable secure and effortless contributions to ERC20 token sales, directly from your Ethfinex wallet.
In preparation for the launch of the Ethfinex Portal — our trustless, non-custodial Ethereum-based trading portal — we have put together a recap of how our Hybrid Exchange Model will work, linking together a centralised exchange on one side and decentralised trading portals on the other.
As we approach the launch of Ethfinex and the Nectar token, we are now running an open bug bounty program for the Ethereum community to analyse our token contracts. The Nectar token contracts have been published on Github and are available for review here. Details about token functionality and design rationale can be found in …
As we approach the launch of Ethfinex and the Nectar token, we are now running an open bug bounty program for the Ethereum community to analyse our token contracts.
Ethfinex is set to launch soon, and this launch will be followed by a gradual transition towards full, scalable decentralisation powered by the Nectar (NEC) token.
Cofound.it and Ethfinex have joined forces to create a network of liquidity and support for high quality tokens.
