CheckDot

CheckDot (CDT) received a great response when it was integrated into the Ethereum network on February 1, 2023. Since then, CDT wants to continue its expansion to new networks.<h3 id="announcement">Announcement</h3>Today, the CheckDot team is pleased to announce that CDT is coming to Arbitrum. This marks an important milestone for the project, as Arbitrum is one of the most popular layer 2 scaling solutions for Ethereum, offering faster and cheaper transactions.<h3 id="arbitrum">Arbitrum</h3>The CheckDot team believes that bringing CDT to Arbitrum will not only benefit the current holders, but will also attract new investors to the project. To ensure that liquidity is readily available, the team plans to create a liquidity pool on Uniswap V3 with a 1% commission, moving about 35% of the liquidity from Binance’s Smart Chain.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/29c43a1bc573482e9262201ed851e303.png" /><h3 id="dex-s-liquidity-fees-explaination">Dex’s Liquidity Fees Explaination</h3>To explain in detail the idea we decided to apply a 1% liquidity provider fee on decentralized and compound exchanges to decrease the number of trading and front-runner bots that are often present on small projects.Collected fees will be used for marketing operations, insurance pools and project development.0.5% — Insurance Pools Adjutant0.5% — Project Development and Marketing OperationsThe fee will be applied on Uniswap V3 and Pancakeswap V3.<h3 id="expansion-never-stops">Expansion never stops</h3>We plan to integrate CDT into Polygon and Aptos in the near future.These initiatives demonstrate our commitment to growing and developing the project, with the goal of making it accessible to new markets.<h3 id="firefox-chrome-extension">FireFox / Chrome Extension</h3>We are glad to present you our newly born extension “CheckDot Trust Score” which is available on <a href="https://chrome.google.com/webstore/detail/checkdot-trust-score/lknnmehokbpcifdgicmkhmlgoggflhlm" rel="noopener noreferrer nofollow">Google Web Store</a> and <a href="https://addons.mozilla.org/fr/firefox/addon/checkdot-trust-score/" rel="noopener noreferrer nofollow">FireFox Addons</a>.We talked about it during our first AMA and now it is finally implemented.Currently, this tool allows users to have Trust Score information directly visible on crypto data aggregators Coinmarketcap and Coingecko.Thank you <a href="https://www.linkedin.com/in/ihor-siryi/" rel="noopener noreferrer nofollow">Ihor Siryi</a> (member of the CheckDot community) for your contribution to this achievement.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/229852c489d145e882a797e4914e66c4.png" /><h3 id="final-note">Final note</h3>The CheckDot team want to express its gratitude for the support received from the community and development team, without which none of this would be possible.STAY SAFE! USE CHECKDOT!CheckDot Insurances: <a href="https://app.checkdot.io/" rel="noopener noreferrer nofollow">app.checkdot.io</a>CheckDot Tracker: <a href="https://tracker.checkdot.io/" rel="noopener noreferrer nofollow">tracker.checkdot.io</a>Jeremy, CheckDot CEO.………For more information on CheckDot follow us on social networks:Telegram: <a href="https://t.me/checkdot" rel="noopener noreferrer nofollow">https://t.me/checkdot</a>Instagram: <a href="https://www.instagram.com/checkdot_protocol/" rel="noopener noreferrer nofollow">https://www.instagram.com/checkdot_protocol</a>Twitter: <a href="https://twitter.com/Checkdot_proto" rel="noopener noreferrer nofollow">https://twitter.com/Checkdot_proto</a>Website: <a href="https://checkdot.io/" rel="noopener noreferrer nofollow">https://checkdot.io</a>

The CheckDot Expansion Continues

Table of Contents

CheckDot

Other articles published on Apr 11, 2023

Plan For Gold-Backed Digital Currency Emerges from Texas Legislature

CryptoGPT Hits $250M Valuation; Twitter Thinks It's a Scam

Uniswap price analysis: UNI finds stability above $5.99 level as bullish momentum builds

El Salvador provides first digital asset license to Bitfinex

Which Cryptos to Put Your Focus On In 2023 - Chainlink (LINK), Uwerx (WERX), Or XRP (XRP)?

Bitcoin Trades at a 10-Month High, Crypto Daily TV 11/04/2023

Join our free newsletter for daily crypto updates!