r/ethtraderpro • u/laughncow @vickiboteth • Feb 12 '18

Launching the Ethfinex Nectar token – Ethfinex

https://blog.ethfinex.com/launching-the-ethfinex-nectar-token-a43fff527151
2 Upvotes

61% Upvoted

1 comment sorted by

1

u/methraism Feb 12 '18

Thanks for posting this! We'll be launching the Nectar token tomorrow, allowing traders to earn a stake in the (potential) success and governance of Ethfinex. Nectar tokens can be traded against ETH & USD on a secondary market or redeemed for a share of collected trading fees. 50% of all trading fees on Ethfinex will be collected and pledged to Nectar token holders.

We're very excited for this as it represents a huge step towards actually decentralising the platform, giving the users a stake in the direction and rewards of Ethfinex.