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Poloniex Exchange launched ETHW and ETHS trading pairs



Time:8/8/2022 12:08:37 PM

[Poloniex Exchange launches ETHW and ETHS trading pairs] Jinse Finance reported that according to the official social media of Poloniex Exchange, ETHS/USDT, ETHW/USDT, ETHS/USDD, and ETH/USDD have been launched. Currently, all ETHS and ETHW transactions are free of transaction fees. Poloniex Exchange reminds that during the conversion process of ETHS/ETHW (ETH1) to ETH, the amount of ETHS (ETH2) and ETHW (ETH1) must be the same.

Other news:

0x Launches DEX Liquidity API on Polygon: Jinse Finance reported that 0x has released the Polygon version of its API for its decentralized exchange (DEX) liquidity aggregation tool. According to the announcement, the 0x API on Polygon features major Ethereum-based DEX liquidity channels such as SushiSwap, Dfyn, and Curve, as well as Dodo, mStable, QuickSwap, and Cometh. [2021/6/1 23:00:09]

Web3 technology infrastructure project Saito will conduct IDO on Polkastarter: On April 6th, Web3 technology infrastructure project Saito announced that it will conduct IDO on the trading and auction platform Polkastarter later this month.

Note: Saito is a user-oriented Web3 open network layer. Applications on Saito can run without closed plug-ins, private APIs, and non-open infrastructure. Saito operates without an owner, while funding nodes that provide routing and user infrastructure for its own network and other public blockchains.

The Saito network consensus is highly secure, anti-sybil attack, and anti-monopoly and decentralization in one, to ensure the openness and independence of Web3. Polkastarter is a permissionless protocol for cross-chain token pool and auction transactions, enabling projects to raise funds in a decentralized and interoperable environment based on Polkadot. [2021/4/6 19:51:09]

Polychain Capital CEO: Multi-factor integration pushes DEX into a "Renaissance Period": Olaf Carlson-Wee, CEO of encryption fund Polychain Capital, said in an interview with "The Scoop" that multi-factor integration has pushed DEX into a "Renaissance Period". According to The Block data, just a year ago, there were almost no DEX-based transactions in the encryption market. During 2017-2018, DEX projects only raised tens of millions of dollars in funds; in January 2020, DEX transactions were only 600 million U.S. dollars; but by January 2021, DEX transaction volume has ballooned to nearly $40 billion, the highest level ever recorded. Olaf Carlson-Wee believes that this growth trend is due to the continuous optimization of wallets such as MetaMask, and the improved user experience, because tokens need to be distributed, and one of the main channels for distribution of tokens is the wallet. In the early stage of Ethereum, not many people used wallets like MetaMask, most people used desktop Ethereum browsers, and the user experience was very clumsy. In addition, with the gradual increase in the number of tradable assets and liquidity incentive innovations (such as governance tokens), DEX liquidity has also increased. Olaf Carlson-Wee said: DeFi relies on the transaction and use of a variety of Ethereum-compatible assets. In 2017, the number of such assets did not exceed 10, but now it can be done like Compound tokens, Uniswap tokens or SUSHI. This is a real technological breakthrough that will drive transaction volume even higher. (The Block)[2021/1/25 13:23:59]

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