South Korea-basically based cryptocurrency alternate Upbit has presented the list of a brand recent digital asset.
Upbit Announces DoubleZero (2Z) Checklist
Per the alternate’s legit announcement, the token, named DoubleZero (2Z), might perchance be accessible for deposits and withdrawals on the Solana network starting up at 9:00 PM on October 2. An hour later, at 10:00 PM, this is able to initiate procuring and selling with KRW, BTC, and USDT pairs.
Upbit emphasised that users can handiest deposit and withdraw 2Z using the Solana network. It notorious that transactions made on the bad network could no longer be professional and the refund job might perchance just rob longer. The contract handle designated for 2Z became also shared with investors.
The alternate presented that definite restrictions might perchance be implemented on the gap of procuring and selling. Accordingly, purchase orders might perchance be restricted for roughly five minutes from the moment procuring and selling begins. Moreover, handiest limit orders might perchance be permitted for the first two hours.
DoubleZero stands out as a project aiming to present high-efficiency verbal replace infrastructure for blockchains. Leveraging unused fiber optic networks, the project aims to lower network bottlenecks for validators, RPC nodes, MEV programs, and L2 solutions by providing low latency and high bandwidth.
DoubleZero, which participated in the testnet phase with over 140 validators, has managed roughly 16% of the total stake on Solana thru its network. The project’s native token, 2Z, might perchance be extinct for transaction costs, rewards for network contributors, and staking.
*This is no longer funding advice.
