CoinEx Will List CTSI at 2:00 May 7(UTC)

Dear CoinEx users,

To provide you with more trading options, after rigorous reviews, CoinEx will list CTSI and support deposit and withdrawal & Automated Market Making (AMM) on May 7, 2021 (UTC). And its trading pair CTSI/USDT will be available on the same day.

About CTSI
Website丨Explorer丨White Paper
Cartesi is an off-chain decentralized computation platform. Cartesi is unique in the sense that it allows decentralized applications to be run on Linux in a way that's verifiable by the blockchain. Complex processing can be executed off-chain free from blockchains' computational limits and corresponding fees. The CTSI token has been designed to incentivize Cartesi Node operators to engage with the system honestly and in an efficient way.

The value of CTSI token:

1) Staking;

2) Election of block producers;

3) Slashing;

4) Transaction fees;

5) Challenge computations.

Technology strengths:
1)Large scalability: Cartesi enables million-fold computational scalability, data availability of large files and low transaction costs. All while preserving the strong security guarantees of the underlying blockchain.
2) Privacy guarantees: Cartesi allows for decentralized games where players conceal their data and Enterprise applications that run on sensitive data, preserving privacy on DApps.
3) Portability: Cartesi is blockchain-agnostic and will run on top of the most important chains. The Cartesi team is committed to developing algorithms, protocols and solutions for blockchain/DLT to make blockchain technology a reality.

CTSI Services
1. Deposit: 2:00 May 7 (UTC)
2. Withdrawal: 2:00 May 7 (UTC)
3. Trading pair: CTSI/USDT
4. Opening method: Call Auction
    a. Call Auction
        3:00—3:50 May 7, 2021 (UTC)                                
        Orders can be placed and cancelled
        3:50-4:00 May 7, 2021 (UTC)
        Orders can be placed but cannot be cancelled
     b. Trading
        4:00 May 7, 2021 (UTC)

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 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%. VIP and market makers will not enjoy any special fees, and using CET for fees deduction is unavailable. All users are qualified to apply for market makers, and 60% 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. 60% 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.

Risk Warning
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

CoinEx Team
May 7, 2021

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