Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list REAL and support deposit and withdrawal & Automated Market Making (AMM) on Jan 7, 2022 (UTC). And its trading pair REAL/USDT will be available on the same day.
1. Deposit: 03:00 Jan 7, 2022 (UTC)
2. Withdrawal: 03:00 Jan 7, 2022 (UTC)
3. Trading pair: REAL/USDT
4. Opening method: Call Auction
a. Call Auction
03:00-08:50 Jan 7, 2022 (UTC)
Orders can be placed and canceled
08:50-09:00 Jan 7, 2022 (UTC)
Orders can be placed but cannot be canceled
09:00 Jan 7, 2022 (UTC)
Realy, The Initial and Fantastic Street Culture Metaverse. Realy Metaverse is the first Live-to-Earn metaverse on Solana. Developing via Unreal Engine, Realy Metaverse will be a virtual city in the sky with 3A graphics. Realy focuses on street culture by merging real world names including fashion brands, graffiti artists, chic toy brands, rappers and skateboard brands to Metaverse.
Realy Metaverse City in the Sky will consist of natures, buildings, streets, arts, stadiums, and so on. Users will be immersed in street cultures and achieve their dreams. The REAL token will act as the base layer of infrastructure serving all levels of crypto activities.
The REAL token is released in the form of gradual release of inflation, which is mainly used to reward various behaviors and activities in the metaverse.
The Realy Metaverse treasury releases REAL every day. REAL can be used to Land owning and renting,Store operation, Staking to Vote and City events
What is Automated Market Making (AMM)?
Automated market making (AMM) can calculate the buying and selling price according to the formula, so as to provide a continuous quotation for the market. CoinEx combines AMM with the order book, which means the liquidity pool will be automatically converted into the order book. With the "constant product market maker formula" algorithm in AMM, no matter how large the order book is or how small the liquidity pool is, firm liquidity provision to the market can be guaranteed. Learn more
Fees and Profit
Market supporting automated market making is an AMM market. Compared with normal market, AMM market adopts an independent fees system. The fees for both marker and taker is 0.3%, for market makers is 0.15%. VIP will not enjoy any special fees, and using CET for fees deduction is unavailable. All users are qualified to apply for market makers, and 50% of the market's transaction fees will be rewarded to liquidity providers.
Characteristics of AMM
1. Bonus obtainable from automated market making
User’s provided liquidity will be injected into the pool for automated market making. 50% of the market's transaction fees will be rewarded to liquidity providers in terms of the corresponding pool proportion.
2. Daily bonus can be cumulatively withdrawn
The transaction fee bonus will be calculated once a day and automatically credited into the user's Market Making Account before 4:00 (UTC) the next day. The user can obtain all the accumulated fee bonus after removing liquidity.
3. Free access, no charge required
Assets between Spot Account and Market Making Account can be transferred in real-time by adding and removing liquidity. Each user in a single market can increase liquidity twice a day, and no fees will be charged during the operation.
The assets in the Market Making Account will be injected Into the liquidity pool for automated market making. When the price fluctuates, there will be impermanent losses, and the amount of the two assets will change when the liquidity is removed. More details about impermanent losses
Jan 7, 2022