Announcements

Announcements > February NEC Distribution February 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 (9th January - 8th February).

To note: with overall markets in a state of consolidation, we have taken this opportunity to focus on improving to our platform, and have introduced a number of new initiatives designed to increase the interest of tokens listed on Ethfinex in the long-term, ultimately leading to greater volume and liquidity. Some of these, such as our zero maker-fee initiative for low-volume tokens, may have temporarily impacted the amount of fees collected this month.

In line with this, the total maker volume during this 30 day period was 99,933,682 USD.

Ethfinex sent 50% of fees collected to the Nectar vault contract: 475.4 ETH

A total of 460,713 NEC were therefore created.

If you have any questions please contact [email protected]