ChainFlip Token listing in KuCoin Explained

Chainflip on KuCoin : bit.ly/47w0NiY
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Chainflip (FLIP)Initial listing
Chainflip Labs is a decentralized, trustless protocol based on Substrate. The protocol can realize automatic cross-chain exchange between different blockchains through the automatic market maker (AMM) model without verifying user identity.
It currently allows seamless exchange between any blockchain (including BTC, EVM and the underlying network).
Seam value transfer. Using Chainflip’s just-in-time (JIT) automated market maker (AMM),
users can exchange assets between chains without wrapping tokens, using traditional cross-chain bridges, or going through centralized exchanges.
JIT AMM draws liquidity from its connected chains and partnering aggregators to provide users with accurate, competitive prices and low spot trading fees.
Chainflip connects different mainnet chains by deploying wallets on each chain. The difference is that Chainflips' protocol coordination is implemented through the widely accepted database State Chain instead of a centralized database.
Chainflip Labs raised $6 million in its first round of financing -
Coinbase Ventures invested, and later the project reached a $10 million
private equity investment deal with three veteran crypto venture capital firms, Framework Ventures, Blockchain Capital, and Pantera Capital - with total funding currently at $16 million.
1. Strong investment and partner background, high financing amount
2. Product landing and large scale
3. Time： Announcement/deposit：22thNov 17:00 UTC+8 Trading ：23th Nov 20:00 UTC+8 Withdrawal：24th Nov 18:00 UTC+8

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