Dear XTers,
We are honored to announce that LOOM (Loom Network) deposits and withdrawals are now available on XT.COM. LOOM/USDT trading will be opened at 16:00 on April 26, 2021 (UTC+8).
[Token Info]
Loom Network is building a fundamental infrastructure platform to help Ethereum scale. It allows developers to run large-scale applications, and is the first Ethereum scaling solution to be live in production. In short, you can think of Loom Network as EOS on top of Ethereum. Running each DApp on its own sidechain to Ethereum has a number of benefits, but most importantly, DAppChains can use alternative consensus rulesets (like DPoS) that optimize for high scalability. It’s core product, Loom SDK, generates what’s called a DAppChain — a layer-two blockchain that uses Ethereum as its base-layer. It also allows developers to quickly build their own blockchains without having to understand blockchain infrastructure.
Official website: https://loomx.io/
Blockchain browser: https://cn.etherscan.com/token/0x42476f744292107e34519f9c357927074ea3f75d
Risk warning:
1. LOOM is a newly-listed token and its initial price may suffer huge fluctuations, causing partial or total losses. Before trading, please have a full understanding of all the risks in investing in digital assets and be prudent of your own decisions.
2. All information displayed on XT.COM does not constitute investment advice. XT.COM does not take responsibility for any direct or indirect losses resulted. XT.COM does not assume responsibility for guarantees or compensation for depositing or locking positions.
XT.COM reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website with or without notice.
Thank you for your support!
XT.COM Team
April 26, 2021
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