We are delighted to inform you that after nearly 7 months of development and testing by the CoinEx Chain technical team, the mainnet of the world’s first public chain built for the decentralized exchange (DEX) was officially launched on November 11th. Here we would like to express our sincere gratitude to all systems developers, community members, participants and supporters.
1. CET transforms itself from an exchanged-based token to a native token of the public chain
After the mainnet is launched, the CoinEx exchange will be upgraded, and the withdrawal of ERC20 CET and the deposit of CET(Mainnet) will be available. CET holders can complete the mainnet mapping(token swap) through the operation of deposit and withdrawal. CET will not only exist as an exchange-based token, but play the role of the base currency for the entire ecosystem of CoinEx Chain, and obtain richer application scenarios and higher empowerment.
2. CoinEx Chain Nodes Election officially launched
We will officially launch the nodes election. The nodes participating in CoinEx Chain Nodes Election will need to withdraw CET(Mainnet) from CoinEx to CoinEx DEX and complete a transaction, thus becoming a validator. Currently, the wallets that support staking(voting) are ViaWallet, IFWallet, CoinEx DEX wallet, and so on. The users need to withdraw their CET to an App of wallets that support staking and then they can proceed to vote or trade.
3. Token issuance can be completed in a few steps without a smart contract
In the future, it will be easier to issue tokens on CoinEx DEX, and the users only need to fill in some parameters to complete the process and easily create a trading pair for the token.
After CoinEx Chain Mainnet went online, a real decentralized exchange CoinEx DEX (https://dex.coinex.org) that can be used in a large scale was officially launched. CoinEx Chain has an extremely high TPS and security, and perfectly solves the problem of scalability, decentralization and security by building an ecosystem with three chains in it. We also welcome our users to participate in the construction of the CoinEx Chain ecosystem and work together to create a safer, smoother and more efficient decentralized exchange.
For any question or concern that arises during the mapping process, please send it here to contact our Support Team, and we will have someone to respond to your questions
CoinEx Chain Foundation
Nov 11, 2019