Revolutionizing Security in Decentralized Trading
Security stands at the forefront of blockchain development, and CoinW has proudly operated for eight years without a single security incident. This impressive track record has allowed them to cultivate a profound understanding of both security and blockchain technology.
With this knowledge, CoinW is proud to introduce DeriW, an innovative decentralized derivatives exchange (DEX) that places security and speed as its top priorities. Let's explore what makes DeriW a remarkable player in the on-chain trading landscape.
The Technical Base of DeriW
DeriW is not just another exchange; it is a groundbreaking platform engineered with a robust focus on security and performance. Launched recently, DeriW aims to deliver an unparalleled user experience in decentralized trading.
The platform operates as an L3 solution on Arbitrum, which inherits its security from Arbitrum's L2 layers, ultimately deriving strength from the Ethereum blockchain. This foundation allows DeriW to leverage the robust security measures of Ethereum while also achieving remarkable throughput of up to 80,000 transactions per second (TPS).
What truly sets DeriW apart is its commitment to a safe trading environment through a sophisticated multi-layered security framework. This framework combines advanced trading logic with proactive and reactive security measures.
Key Security Features
- Security Inheritance: DeriW benefits from the established security architecture of both L2 and L1 ecosystems, utilizing Rollup technology for seamless cross-chain state synchronization. Their approach combines proactive security measures with passive defenses, such as real-time anomaly detection and a comprehensive bug bounty program.
- Zero Gas Fee Transactions: DeriW optimizes transaction matching to ensure users can trade without incurring gas fees, combatting common vulnerabilities and enhancing fairness in trading activities.
- Non-Custodial Funds: Users maintain full control over their funds, with a structural design that minimizes third-party intervention risks. Core contracts are managed through multi-signature wallets featuring time-lock protocols, all subject to thorough audits by renowned security experts.
- Cross-Chain Resilience: Acknowledging the vulnerabilities of cross-chain transactions, DeriW uses mature Rollup solutions from Arbitrum to ensure state synchronization while adopting optimistic validation to rectify any aberrant transactions.
This comprehensive approach to security creates a trust-based ecosystem that attracts a diverse range of users eager to engage in decentralized trading.
Incentives to Join the DeriW Ecosystem
Since its foundation, DeriW has implemented key features that encourage user participation, including open-source governance and DAO mechanisms. Looking ahead, community voting will optimize core operational parameters, signalling a march towards complete decentralization.
To entice users to engage with the DeriW testnet, CoinW is introducing the "SUPERNOVA" program, which offers attractive rewards. Participants stand to earn up to 6600 DER tokens based on their interaction with the platform through various tasks.
Reward Structure Overview
Rewards will be initiated during the mainnet launch, with two primary modules for task completion:
- Basic Airdrop: Upon executing their first trade of at least 1,000 USDT, users will automatically receive 100 DER tokens.
- Tiered Tasks: Additional rewards are structured based on users' trading volumes and holding durations, including:
- Level 2: Trade ? 100,000 USDT and hold for 1 day to gain 500 DER tokens.
- Level 3: Trade ? 500,000 USDT and hold for 2 days to earn 1,000 DER tokens.
- Level 4: Trade ? 1,000,000 USDT and hold for 4 days to acquire 5,000 DER tokens.
Conclusion: Embracing the Future with DeriW
CoinW is proactively participating in the ongoing movement towards decentralization in blockchain technology. DeriW has been meticulously crafted with a robust focus on speed, security, and affordability from Day One.
With its comprehensive security strategies, including authorized audits, multi-signature management, resistance to MEV attacks, and effective cross-chain solutions, DeriW ensures an exceptional trading experience. After eight years of experience in the industry, CoinW is proud to broaden its legacy with the launch of DeriW, aiming to reshape on-chain contract trading into a quicker, safer, and more cost-effective venture.
About CoinW
Established in 2017, CoinW is recognized as a globally trusted cryptocurrency exchange, serving a vibrant community of over 11 million users across multiple countries. With a commitment to advanced security, cutting-edge technology, and driving blockchain innovation, CoinW empowers individuals worldwide to harness the transformative potential of digital assets.
About DeriW
DeriW represents the first decentralized perpetual contract exchange featuring zero gas fees. By merging Ethereum's security with Layer 3 scalability, it offers the trading efficiency of centralized exchanges within a decentralized framework. Managed by CoinW's experienced fintech team, it redefines the trading experience by facilitating up to 80,000 TPS, characterized by speed, clarity, and trustless execution.
Frequently Asked Questions
What is DeriW?
DeriW is a decentralized derivatives exchange focused on providing high security and speed in trading through a multi-layered security architecture.
How does DeriW ensure security?
DeriW employs a combination of Rollup technology, non-custodial fund management, and real-time anomaly detection to secure user transactions.
What are the benefits of participating in the SUPERNOVA program?
Users can earn DER tokens through tasks, encouraging interaction while benefiting from zero gas fees on transactions.
What makes DeriW different from other exchanges?
DeriW focuses specifically on decentralized perpetual contracts with zero gas fees, providing an efficient trading environment backed by comprehensive security measures.
How can users get involved with DeriW?
Users can participate in the testnet, complete trading tasks, and benefit from the rewards structure while enjoying the transparency and security that DeriW offers.
