Coinlist Community sales are back in full swing, and this week, and they are thrilled to announce the Chainflip Community Sale on CoinList!
Chainflip is a decentralized, trustless protocol that allows for seamless value transfer between any blockchain type — including BTC, EVM, and substrate networks.
The sale begins on August 31, 2023 at 17:00 UTC and has one public option:
- Supply: 4,500,000 FLIP tokens (ERC-20)
- Price: $1.83 per token
- Lockup & release: 100% unlock on TGE at mainnet launch, currently expected on or around 24 October 2023
- Initial purchase limits: $100 minimum, $4,000 maximum
Register by August 28, 2023 at 12:00 UTC.
Chainflip has a bold mission: to displace the centralized exchange.
Instead of creating yet another bridge, Chainflip sets itself apart by integrating the finest aspects of existing cross-chain solutions while introducing unique optimizations currently absent in any other platform. By doing so, the protocol empowers Chainflip to capitalize on both on and off-chain spot markets, support for new blockchain types, and offer users an unparalleled and game-changing experience.
150 Main Validators and Scalable Signing Algorithm: A truly decentralized cross-chain network requires a large validator set for redundancy, security, and anti-censorship. Chainflip employs up to 150 validators per vault. This approach outstrips comparable cross-chain systems in terms of shared economic security. Additionally, Chainflip’s use of Schnorr signatures and an innovative signing scheme allows these 150 validators to support numerous assets and multiple parallel signing ceremonies without incurring excessive hardware costs.
Novel JIT AMM Design for Capital Efficiency: Chainflip’s JIT (Just-In-Time) AMM design tackles cross-chain challenges by minimizing slippage and offering precise pricing. It efficiently uses liquidity for large trades, acting as a decentralized aggregator across all markets. This makes Chainflip akin to an open and transparent decentralized OTC service, often beating other cross-chain services on price.
Generalized Cross-Chain Capability: Provide users with a permissionless method to swap assets between arbitrary chains and networks (L1, L2, etc) without introducing new wrapped assets, liquidity fragmentation, leaving users with tail risk, or excessive confirmation times
Click here to Register for ChainFlip Community Sale on Coinlist, be sure to complete your KYC in order to have a slot on the Sale (Allocation is not guaranteed in this Sale)
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