Telos Liquidity Optimization — Bitfinex

Telos Delisting USDT/TLOS from Bitfinex

Greeting Telos Community!

Today we bring news regarding one of our trading pairs on a centralized exchange.

As we continue to seek new ways to improve our liquidity, Telos has made the decision to delist USDT/TLOS from the Bitfinex exchange, but fear not! USD/TLOS will remain available to trade on Bitfinex.

This move is one of several Telos will implement to optimize liquidity and volume across several trading markets.

“The exchanges & liquidity team is proactively working to optimize TLOS liquidity and trading markets, so we believe this action will help us improve our liquidity and volumes on Bitfinex. This is one of the first actions, and we will be taking more actions over the coming weeks.”

- Sukesh Tedla, Telos Liquidity and Exchanges team lead

We will inform our community of any additional changes to trading pairs in the coming weeks via Twitter.

About Telos

The Telos EVM is the most powerful and scalable Ethereum Smart Contract platform built to power Web 3.0. Telos features a robust, third-generation, ESG-compliant evolutionary blockchain governance system, including smart contracts, advanced voting features, and flexible and user-friendly fee models. In addition, Telos supports the blockchain ecosystem by serving as an incubator and accelerator for decentralized applications through development grants. Come build with us.‍

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Telos Foundation is an entity charged with promoting Telos, a networked ecosystem for turning purpose into reality. http://www.telosfoundation.io/