Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list GAL and support deposit and withdrawal & Automated Market Making (AMM) on May 5, 2022 (UTC). And its trading pair GAL/USDT will be available on the same day.
1. Deposit: 12:00 May 5, 2022 (UTC)
2. Withdrawal: 12:00 May 5, 2022 (UTC)
3. Trading pair: GAL/USDT
4. Opening method: Call Auction
a. Call Auction
12:00-12:50 May 5, 2022 (UTC)
Orders can be placed and canceled
12:50-13:00 May 5, 2022 (UTC)
Orders can be placed but cannot be canceled
13:00 May 5, 2022 (UTC)
Project Galaxy is a collaborative credential infrastructure that empowers brands to build better communities and products in Web3. Built on open and collaborative infrastructure, Project Galaxy helps Web3 developers and projects leverage credential data to build better products and communities. At the same time, data curators are rewarded when credentials are used in Galaxy’s Application Modules, Credential Oracle Engine, and Credential API.
Project Galaxy aims to build an open and collaborative credential data network that is accessible to all developers in Web3. Project Galaxy provides the infrastructure for community members to curate and contribute digital credentials to data network. Project Galaxy's infrastructure supports curating credentials through multiple data sources. For on-chain credentials, curators can contribute with subgraph queries or static snapshots. For off-chain credentials, Project Galaxy has integrated with data sources such as Snapshot.org, Twitter, and Github.
By contributing to Galaxy’s Credential Data Network, curators are rewarded when credentials are used in Galaxy’s Application Modules, Credential Oracle Engine, and Credential API. Because there are users consuming (paying to use) data in Project Galaxy ecosystem, this incentivizes more users to come curate for data network.
The GAL token is an essential component to such infrastructures as it functions as the governance token, incentivizes user participation, and serves as the primary payment token of the Project Galaxy ecosystem. Here are the utilities of GAL: Governance, Paying for Application Module Fee, Paying for Galaxy Oracle Engine and Galaxy Credential API, Curating Digital Credentials.
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
May 5, 2022