Announcements > Ethfinex End of First Quarter May 14, 2018

As we finish our first full quarter of operations, Ethfinex today announces:

  • the start of our referral program
  • the third distribution of NEC rewards to market makers on Ethfinex
  • the launch of our new community led token listing process, allowing users of the exchange who hold NEC to receive voting tokens every two weeks to decide which new tokens can be traded. The first vote will begin on the 15th May on the site.

We are excited to have reached this first stage in Ethfinex's development, and to now be ready to welcome new users to our community. Sign up as an affiliate from your account section to help spread the word about Ethfinex, and start earning 24% on fees of new members you invite.

Ethfinex has just completed the third Nectar token distribution to traders, with a total of 1,731,965 NEC credited to reward traders during the last 30-day period. If you have already verified your account and registered for the scheme, you will now be able to see new NEC credited to your Ethfinex account.

50% of revenues from this period (14th April - 14th May) were pledged to Nectar token holders, totalling 1,750.1 ETH. The transactions pledging these to the token holders, and forwarding the Ether to a vault contract, can be observed on Etherscan (here and here).

A full report on Ethfinex’s performance over Month 3 will be released over the coming days.

Find out how you can start being rewarded for trading by visiting our our blog or going to your account section and registering for the scheme.