okx duckchain listing

With its impending listing on OKX, a prominent international cryptocurrency exchange, DuckChain (DUCK) is poised to have a big impact on the cryptocurrency scene. For DuckChain, a blockchain platform created to offer an Ethereum Virtual Machine (EVM) development environment for creating decentralized apps (DApps) on The Open Network (TON) and Telegram, this event represents a turning point.

Details of the Listing

The following schedule for DUCK's listing has been disclosed by OKX:

Deposits will open at 10:00 AM UTC on January 8, 2025.

Call Auction: 9:00 AM to 10:00 AM UTC on January 16, 2025.

At 10:00 AM UTC on January 16, 2025, DUCK/USDT spot trading will take place.

At 2:00 PM UTC on January 16, 2025, withdrawals will be open.

In order to reduce price volatility during the first stage of spot trading, OKX will impose the following restrictions:

Order Limits: Market orders are not allowed within the first five minutes, and the total value of each limit order cannot exceed $10,000.

Price Limits: To maintain market stability, some price limits will be applied during the first trading session.

All participants should benefit from a safe and stable trading environment thanks to these steps.

OKX

Concerning DuckChain

As the first EVM consumer-layer blockchain on TON, DuckChain presents itself as a stable platform for developers to create DApps specifically for TON and Telegram. Among its notable characteristics are:

Eco-Friendly Blockchain: Compared to conventional Proof-of-Work (PoW) systems, DuckChain uses a Proof-of-Stake (PoS) paradigm, which drastically lowers energy consumption.

Community Governance: To ensure a decentralized and user-driven environment, DUCK token holders have the ability to vote on important issues pertaining to the platform's evolution.

Interoperability: DuckChain can easily integrate with other blockchain networks because it facilitates cross-chain transactions.

Blockchain pioneer Sarah "CryptoDuck" Lee and tech entrepreneur David Grant co-founded the platform in 2022 with the goal of democratizing blockchain technology while emphasizing sustainability and user empowerment.

OKX

Token Economics

The 10 billion tokens that make up DUCK, DuckChain's governance token, are divided as follows:

Ecosystem and Community: 77%

10% of investors

Team: 10%

Advisors: 3%

Token releases are planned over a 48-month period, with the initial circulating supply set at 59%. Notably, the team, investors, and advisors' allocations will be fixed for the first 12 months, indicating a dedication to stability and long-term growth.

TIMES OF INTERNATIONAL BUSINESS

Participation of the Community and Airdrop

DuckChain distributed DUCK tokens to its community in an airdrop in advance of the listing. Despite the fact that many participants received tokens, opinions on the distribution procedure were divided. The DuckChain team has taken note of the comments and is dedicated to resolving community issues in order to promote an environment that is more open and transparent.

TIMES OF INTERNATIONAL BUSINESS

How to Take Part

It is advised that people who wish to participate in DUCK's listing on OKX take the following actions:

Make an account on OKX: To access trading capabilities, register on the OKX platform.

Verify Your Identity: To guarantee adherence to platform regulations, finish the required KYC procedures.

Fund Your Account: Before you trade, put money into your OKX wallet.

Observe Listing Schedule: Pay attention to the listing schedule so that you can take part in deposits, the call auction, and spot trading on time.

Place Orders: Following the initial trading limits and rules supplied by OKX, you can place buy or sell orders for DUCK/USDT once trading is operational.

Safeguard Your Tokens: To keep control of your assets after buying DUCK tokens, think about moving them to a secure wallet.

See OKX's official guide on purchasing and selling DuckChain for comprehensive details.

OKX

Prospects for the Future

DuckChain has laid forth a bold plan to grow its ecosystem and promote widespread adoption. To increase the usefulness of DUCK coins, plans include for creating environmentally friendly blockchain solutions for businesses and forming international alliances. As the platform develops, it aims to be a key player in closing the gap between mainstream consumers and blockchain technology, especially in the TON and Telegram ecosystems.

OKX

In conclusion

A major turning point for DuckChain, the impending listing of DUCK on OKX reflects the company's dedication to sustainability, innovation, and community involvement. For developers, investors, and consumers interested in the developing field of decentralized applications and blockchain technology, the platform presents exciting prospects as it grows and develops further.

Disclaimer: This post does not provide financial advice; it is merely meant to be informative. Before making any investment decisions, readers should do their own research because cryptocurrency investments are risky.