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CoFiX Has a 24-hour Transaction Volume of US$30 Million

Amy Liu

Summary: CoFiX, a new automated market-making protocol, tweeted today that its 24-hour trading volume reached US$30 million. Three weeks after its launch, CoFiX has earned 1,634.19 ETH for all CoFi holders. CoFiX was officially launched on October 12, and the liquidity mining and transaction mining plans were simultaneously launched. Liquidity providers (ie market makers) and traders ...

CoFiX, a new automated market-making protocol, tweeted today that its 24-hour trading volume reached US$30 million. Three weeks after its launch, CoFiX has earned 1,634.19 ETH for all CoFi holders. CoFiX was officially launched on October 12, and the liquidity mining and transaction mining plans were simultaneously launched. Liquidity providers (ie market makers) and traders can obtain CoFi tokens by providing liquidity to the CoFiX system or trading. According to the design of the CoFiX mining mechanism, 90% of CoFi tokens will be distributed to users through liquidity mining and transaction mining.

By Amy Liu

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