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Nami Exchange officially lists LOOM and OAX
24/03/2023

Dear Nami Community,

In order to expand the trading options to users and the community, Nami Exchange would like to announce the listing of Loom Network (LOOM) and OAX (OAX) with USDT and VNDC spot trading pairs at 2023-03-24 08:00 (UTC). The Deposits and Withdrawals will open since listing.


What is Loom Network?

Loom Network is a scalable layer 2 solution for the Ethereum platform. Loom Network is a network of DPoS Sidechains that enable more scalable decentralized applications (dApps) and games.

Highlights:

  • Loom SDK: This is the core component. Loom SDK allows developers to quickly build their own blockchain platform without understanding blockchain architecture.
  • Shared Sidechains: A network of interconnected Sidechains with high bandwidth and using the basic layer of Ethereum such as GameChain, SocialChain.
  • PlasmaChain: Is a layer 2 hub connecting Sidechains with Ethereum. Enable faster, cheaper and more efficient transactions for developers when deploying dApps.

Loom Network (LOOM) is the official token of the DPoS Sidechains network, Loom Network.


LOOM Token Information

  • Name: Loom Network
  • Ticker: LOOM
  • Blockchain: Ethereum
  • Total Supply: 1,300,000,000 LOOM
  • Circulating Supply: 1,132,425,698 LOOM
  • Smartcontract:

ERC-20: 0x42476F744292107e34519F9c357927074Ea3F75D


What is OAX (OAX)?

OAX is a decentralized trading platform built on the Ethereum blockchain. The OAX platform will leverage technical developments such as payment channels (Raiden, 0x, Swap, ERC20) to overcome current user experience challenges.

Highlights:

  • Risk transparency: OAX makes it easy for users to assess risk quantitatively. Gateway tokens can be exchanged to create new dynamism and increase transparency
  • Aggregated order books: this is a way to increase the liquidity of the platform, individual order books from each gateway will be aggregated through OAX's trading system
  • Dispute resolution: OAX appoints a third-party dispute resolution process, using a world-recognized professional system

OAX token is currently used for the main purpose as an off-chain transaction fee when users use the OAX decentralized exchange, in the future OAX will have more applications when the platform expands its customer base to dAps, Gaming...


OAX Token Information

  • Name: OAX
  • Ticker: OAX
  • Blockchain: Ethereum
  • Total Supply: 100,000,000 OAX
  • Circulating Supply: 77,045,251 OAX
  • Smartcontract:

ERC-20: 0x701c244b988a513c945973defa05de933b23fe1d


More information:


Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.


Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.


About Nami Corporation

Nami Corp. is a FinTech startup operating in the field of Investment and Technology based on Blockchain technology. Over the years, Nami has developed an ecosystem of key products and services to comprehensively support investors, optimize community benefits with the slogan “Change mindset, make giant steps”.

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