Announcements

NECTAR (NEC) Listed on Bitfinex & DeversiFi September 12, 2019

In line with recent news surrounding the evolution of Ethfinex to DeversiFi, the closing of Ethfinex.com and exciting plans for the fast-approaching future, we are now pleased to announce that NEC has been listed on Bitfinex & DeversiFi against USD & ETH. Full announce here

With the closing of Ethfinex on 12th October 2019 and their transition into a fully decentralised ecosystem, the role and tokenomics of NEC will take on a new form, bringing about a number of exciting new functionalities, use-cases and utility. The finer details of which will be revealed in the coming weeks.

The first step towards this new open ethos is the listing of NEC on two additional exchanges:

  • Bitfinex: NEC pairs are available for trading against USD and ETH
  • DeversiFi: NEC pairs are available for trading directly from your private wallet against USDT and ETH

Please note, that whilst NEC is now listed on Bitfinex, LEO is the Bitfinex exchange token. Holding NEC tokens on the Bitifnex exchange does not entitle traders to any benefits on Bitfinex.

These initial early steps represent an important milestone in the NEC and DeversiFi evolution. For finer details, read the full announcement here. Or for any question or queries, reach out to the team on telegram.

Final NEC Distribution - NEC 2.0 Incoming August 09, 2019
We have been hard at work developing and preparing details surrounding the phase two of Nectar's journey - NEC 2.0 - bringing an array of new features, utilities and tokenomics, taking NEC to the next stage in its evolution. 
In line with this transition, the last and final NEC distributions have now been issued to market-makers of Ethfinex, rewarding their trading activity over the past 30 days. As such, from now onwards NEC will cease to be issued to market makers of Ethfinex.
Issuance Details for August:
  • The total maker volume during this 30 day period was 61,391,377 USD.
  • Ethfinex sent 50% of fees collected to the Nectar vault contract: 301 ETH.
  • A total of 290,343 NEC were therefore created.
We are excited to be releasing more details over the course of the next month. Make sure to stay updated with us on Twitter, our blog or on Telegram
AMPL Trading Competition Now Open July 10, 2019

Following the successful Ampleforth token sale on Tokinex, we have made 20,000 AMPL tokens up for grabs in an AMPL trading competition.

Competition Start: Wednesday 10th July 12pm UTC

Competition End: Wednesday 31st July 12 PM UTC

To participate, traders must hold at average of 50 AMPL tokens in their Bitfinex or Ethfinex exchange wallet for the duration of the competition. Traders will then be ranked in order of trading volume, with the top 100 eligible for the following prizes:

  1. Position 1-5: 800 AMPL;
  2. Position 6-10: 400 AMPL;
  3. Position 11-20: 300 AMPL;
  4. Position 21-50: 200 AMPL;
  5. Position 51-100: 100 AMPL.

For full competition rules, please see our announcement Here

July NEC Distribution July 09, 2019

Nectar tokens have now been credited to Market Makers on Ethfinex. These are in proportion to maker volume over the last 30 days (10th June - 08th July).

The total maker volume during this 30 day period was 232,898,941 USD.

Ethfinex sent 50% of fees collected to the Nectar vault contract: 248.58 ETH

A total of 239,896 NEC were therefore created.

IMPORTANT UPDATE

Since inception, our roadmap has been fuelled by plans to fully decentralise the Ethfinex platform and governance structure, with key examples spanning the efxDAO, nectar.community and trustless.ethfinex.com.

In line with this mission, it's now time to transition Nectar to the next step in its evolution - from 'distribution phase' to the fast-approaching 'NEC 2.0' model (soon to be announced), which will see a carefully designed array of improved features and utilities.

As such, we confirm this months issuance will serve as the penultimate round, with 08/08/2019 being the final date users will be rewarded for their market-making activity on Ethfinex.

Whilst an exciting chapter, this also means the next 30 days will be the final period within which users can earn NEC for market-making on Ethfinex before we evolve to the new model.

More details will be released over the course of the next month. If you have any questions please contact [email protected]

Reminder: Downtime Scheduled For 8.45 AM UTC June 26, 2019

Approximately one hour from now, at approximately 8:45 AM UTC, Bitfinex will be offline for up to seven hours as we commence a platform upgrade designed to enhance the stability and scalability of the iFinex matching engine.

Both Bitfinex and Ethfinex will be down for up to 7 hours to complete the upgrade. Account holders will not be able to access their wallets, and all features across both platforms will be offline for the duration of the upgrade.

What this means for you:

  • All funds will remain safe and unaffected throughout the entirety of the migration and will not be at risk at any point throughout the update. No orders will be executed during downtime. All open orders will be kept (regardless of price movements) and resume once the platform is back online.
  • Users will not be liquidated during downtime. However, traders should be aware that if the price moves significantly during this time, they are at risk of liquidation as soon as the platform is reopened and should therefore take necessary precautions.

We will be providing further announcements in the run up to the upgrade, so please keep following:

We look forward to providing all our users with an increasingly high-quality trading experience.

Best,

The Bitfinex team

Trading enabled for Tripio (TRIO), LOOM (LOOM) and Swarm (SWM) against ETH and USD. June 24, 2019

After successfully winning round 16 of the Ethfinex Token Vote, Ethfinex is pleased to introduce trading for TRIO, LOOM and SWM

Trading will be available against ETH and USD and will see 0% maker fees on Ethfinex for the first 3 days of trading or until 30-day vol surpasses $1m.

For any questions, reach out to us on Telegram, Twitter and at [email protected]

Bitfinex and Ethfinex to Complete Platform Upgrade on June 26 2019 June 20, 2019

On June 26, both Bitfinex and Ethfinex will be offline for up to seven hours as we commence a platform upgrade designed to enhance the stability and scalability of the iFinex matching engine.

The platform upgrade will require taking all iFinex trading platforms offline for the duration of the maintenance period. This means that traders across both Bitfinex and Ethfinex will be unable to trade, view or access their wallets during the update.

Traders across both Bitfinex and Ethfinex will not be required to take any actions:

  • All funds will remain safe and unaffected throughout the platform upgrade, and will not be at risk at any point.
  • No orders will be executed during downtime. All open orders will be kept (regardless of price movements) and resume once the platform is back online.
  • Users will not be liquidated during downtime. However, traders should be aware that if the price moves significantly during this time, they are at risk of liquidation as and when the platform is reopened. In line with this, we kindly ask all traders to review their margin requirements and assess the risk of market movement on their open margin positions before entering the maintenance window.

We kindly ask all our traders to plan ahead accordingly and make the necessary account adjustments prior to the start of the platform upgrade.

For more information, please refer to the following announcement following announcement.

June NEC Distribution June 10, 2019

Nectar tokens have now been credited to Market Makers on Ethfinex. These are in proportion to maker volume over the last 30 days (10th May - 10th June).

The total maker volume during this 30 day period was 135,390,533 USD.

Ethfinex sent 50% of fees collected to the Nectar vault contract: 369.8 ETH

A total of 357,141 NEC were therefore created.

If you have any questions please contact [email protected]

Trading enabled for Airswap (AST), Upfiring (UFR) and FOAM (FOAM) against ETH and USD. May 28, 2019

Ethfinex is pleased to introduce trading for AST, UFR and FOAM

Trading will be available against ETH and USD and will see 0% maker fees on Ethfinex for the first 3 days of trading or until 30-day vol surpasses $1m.

For any questions, reach out to us on Telegram, Twitter and at [email protected]

Bringing Ampleforth to Tokinex May 23, 2019

Two days ago, we unveiled the new Ethfinex/Bitfinex IEO platform - Tokinex. With a carefully designed user experience, Tokinex makes participating in token sales an easy and exciting process.

We are delighted to now announce the first project to participate - Ampleforth (AMPL) - an innovative digital asset protocol for 'smart commodity-money'.

As of 13:00 UTC, qualified users are able to verify for the Ampleforth token sale on Tokinex via the BlockPass app. U.S. persons and persons from other restricted jurisdictions are not permitted to participate in Tokinex.

Read the full details here or for any questions reach out to us on Telegram or at [email protected]