Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list TFUEL and support deposit and withdrawal on July 2, 2021 (UTC). And its trading pair TFUEL/USDT will be available on the same day.
1. Deposit: 07:00 July 2 (UTC)
2. Withdrawal: 07:00 July 2 (UTC)
3. Trading pair: TFUEL/USDT;
4. Opening method: Call Auction
a. Call Auction
07:00—10:50 July 2, 2021 (UTC)
Orders can be placed and cancelled
10:50-11:00 July 2, 2021 (UTC)
Orders can be placed but cannot be cancelled
11:00 July 2, 2021 (UTC)
Theta Network is the leading video delivery network powered by blockchain technology. Theta allows users to simultaneously watch video content and earn token rewards for relaying video to other users who are also watching the same content. In the same vein as other sharing economy models, users opt-in to volunteering their spare bandwidth and computing resources to relay video to other users and earn token rewards for their contributions. Users can contribute to Theta Network on any PC, mobile device, or smart TV.
The Theta Network features a dual token design. The Theta Token (THETA) is the governance token of the Theta protocol. THETA is used to stake as a Validator or Guardian node, contributing to block production and the protocol governance of the Theta Network. By staking and running a node, users will earn a proportional amount of the new TFUEL generated. The supply of THETA is fixed at 1 billion and will never increase. Theta Fuel (TFUEL) is the operational token of the Theta protocol. TFUEL is used for on-chain operations like payments to Edge Node relayers for sharing a video stream, or for deploying or interacting with smart contracts. Relayers earn TFUEL for every video stream they relay to other users on the network. You can think of Theta Fuel as the “gas” of the protocol. There were 5 billion TFUEL at genesis of Theta blockchain, and the supply increases annually at a fixed percentage set at the protocol level. In December 2020, Theta Labs announced Theta 3.0, which introduces a new crypto-economics design for TFUEL, in particular, the concept of TFUEL staking and burning. This will greatly expand the capacity and use cases of the network and maximize the utility value of TFUEL.