Key facts:
As of March 30, 2022, the CUDOS token is listed on the Huobi exchange.
The listing of the token represents an important achievement for the advancement of the Cudos network.
Cudos, the UK-based decentralized cloud and computing network, has announced that its CUDOS token will be listed on Huobi Global, one of the world’s largest bitcoin and cryptocurrency exchanges. The CUDOS-Tether (USDT) pair has been available on Huobi since March 30, 2022.
The Cudos network is a multi-layered blockchain that aims to solve fundamental problems in computing, off-chain data collection, and cloud services. Your CUDOS token is critical to the efficient functioning of your ecosystem. when using proof-of-stake As a consensus model, the token secures the network and empowers users to vote on governance proposals.
Huobi Exchange welcomes CUDOS token
Matt Hawkins, Network Executive Director cudoscommented: “CRegistering on Huobi is the latest validation of our efforts to achieve our goals and underscores our dedication to expanding global access to CUDOS. As a computing network that powers blockchain and the cloud by allowing anyone to contribute spare computing power, this inclusion expands our global coverage.”.
Driven by the efficient network model, developers will be able to install state-of-the-art smart contracts based on CosmWasm and eventually Ethereum virtual machines via Ethermintbenefiting from the strong security of Bitcoin technology.
Cudos achieves this degree of efficiency and security thanks to a large community of validators, combined with a robust node design. As a result, network users trust the improvements that can be implemented in the platform.
The growth of the Cudos network accelerated in 2021 as its token was starting to trade on several high-profile exchanges. Some of the major exchanges that CUDOS is currently available on include KuCoin, Bittrex, Ascendex, and Liquid.. The listing in Huobi marks a significant acceleration of ecosystem expansion.
The benefits of the CUDOS token for its users
The token holders CUDOS They will gain access to a wide variety of benefits. For example, they will be able to bet on the network, provide liquidity on decentralized exchanges (DEX), run Cudo validation nodes, and test the computing capabilities of the network. The utility of the token is especially attractive to developers, decentralized finance (DeFi) enthusiasts, organizations, and individuals interested in running validation nodes.
About Huobi
HuobiGlobal, a world leading bitcoin and token exchange, was founded in 2013 to advance Bitcoin technology and promote its integration into other industries. Huobi expanded its products and services to public blockchains, digital asset trading, walletsmining pools, own investments, project incubation, digital asset research and more.
The company has established a global digital ecosystem by investing in more than 60 companies upstream and downstream in the cryptocurrency industry. If you want to know more about the Huobi exchange, go to their Web page and social networks: Twitter, Telegram, Discord, Instagram and Facebook.
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