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Issued in January 2018, CoinEx Token (CET) is the native asset of CoinEx Chain, a public chain that launched its mainnet in November 2019. CoinEx Chain aims to create a decentralized trading system (CoinEx DEX) governed by the community. It aims to develop an ecosystem with three public chains: DEX Chain, Smart Chain, and Privacy Chain. These chains focus on trading, smart contracts, and privacy respectively, creating a decentralized public chain ecosystem. CET can be used for discounts on trading fees and purchasing value-added services on CoinEx, paying for trading fees in CoinEx Chain, initiating and voting on proposals, and participating in staking on the CoinEx Chain.

Issue Time
1970/01/01
Initial Price
US $ 0.00380474
Circulation/Max
708.63M/10.00B
Dominance
0.00%
ROI+ 33.06%
$0.00380474$0.14592099
Low · 2018/12/072018/12/07 · High

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What is the description of CoinEx Token?

Issued in January 2018, CoinEx Token (CET) is a value-added services & privileges scheme based on CoinExs business ecosystem. CET is issued on Ethereum ERC 20 protocol and will also act as gas for the CoinEx Smart Chain. The CoinEx Smart Chain (CSC) is a decentralized and highly efficient public chain created by the CoinEx public chain team for decentralized finance. It has the following features: Perfectly compatible with the Ethereum ecosystem: CSC is built based on the Ethereum Virtual Machine (EVM), developers can use mature development tools, and can easily adapt Dapp to CSC, and users can also easily access the CSC network. Extremely high efficiency and low transaction fees: CSC uses the POS consensus protocol to achieve block generation times in seconds, supports extremely high TPS, and maintains low transaction fees. Block producers do not need permission: CSC supports up to 101 block producers, which are sorted and determined according to the number of CET stakes. There is no need for centralized agency review, and the network is more decentralized.

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