SINGAPORE – Media OutReach – August 14, 2023 – BingX, a cryptocurrency exchange, is delighted to announce the launch of the SEI Layer 1 Public Chain Project on August 15, becoming one of the first CEXs to launch
SIX piece. At the same time, the SEI Token Airdrop Guide was also released earlier on May 31 to help users understand token airdrop activities.
layer 1 public blockchain operating in the
COSMOS ecosystemwith particular emphasis on promoting
decentralized finance (DeFi) apps. Scooping up an $800 million valuation and backed by $100 million in funding, SEI quickly rose to prominence, joining the ranks of notable public blockchain efforts like Aptos and Sui. What sets SEI apart from Aptos and Sui is its strategic decision to harness the power of the COSMOS ecosystem rather than building its own from scratch. This deliberate approach allows SEI to channel its energies into DeFi activities, culminating in a substantial increase in transactions per second (TPS) to around 20,000, a remarkable 80% increase over COSMOS’ capabilities. Additionally, SEI’s technology methodology encompasses parallel processing of blockchain transactions, which sets it apart from conventional queuing methodologies.
In order to foster community involvement, SEI has reserved 1% of the token supply for
SEI Airdrops. The QA.BingX team introduced a detailed airdrop manual to streamline community engagement. This guide presents a series of clear steps, ensuring that users can effortlessly access their test tokens and accumulate points by participating in airdrop missions. By successfully completing designated tasks, participants have the opportunity to accumulate points, which then dictate the amount of tokens they receive when dispensing the airdrop.
BingX is committed to conducting in-depth reviews of projects featured on its platform. A dedicated team of qualified researchers diligently analyzes the inherent risks associated with new coin projects before granting them a place on the exchange. This rigorous evaluation process ensures that only projects that meet the highest standards are featured on BingX’s prestigious spot trading platform.
Additionally, BingX maintains vigilant monitoring of the stability and performance of projects listed on its platform, even after their initial introduction into the trading arena. This ongoing evaluation phase allows BingX to reassess the project’s suitability for possible inclusion in its
Futures trading platform. Through this meticulous approach, BingX aims to minimize potential risks for merchants and establish a secure and reliable trading environment.
Hashtag: #BingX
The issuer is solely responsible for the content of this announcement.
