Decentralized Crescent (CRE) Spot Market Listing on Helix with 50,000 CRE in Prizes

Decentralized Crescent (CRE) Spot Market Listing on Helix with 50,000 CRE in Prizes

The Crescent (CRE) spot market is now on Helix alongside 50,000 CRE token rewards!

You can now trade Crescent (CRE) with market and limit orders on Helix, the premier on-chain derivatives exchange built on Injective. To celebrate this listing, the Crescent foundation is also sponsoring a deposit campaign alongside a Buy & Hold campaign with a 50,000 CRE reward pool up for grabs (more details below).

Helix is now the first external platform to enable CRE trading, providing users with a seamless trading experience within an entirely decentralized network. You can start trading CRE on Helix by transferring it through the Injective Bridge by choosing Crescent in the dropdown menu. Powered by the interoperable Injective blockchain, the Injective Bridge supports networks such as Ethereum and Cosmos.

Get started here: https://helixapp.com/spot/cre-usdt

Background on Crescent

As the Cosmos ecosystem is growing with an increasing number of blockchains, Crescent is bringing a DEX with new forms of liquidity farming with embedded ranged liquidity features. Crescent allows users to take advantage of optimized liquidity farming with an overall goal to enhance capital efficiency and manage risks effectively. Crescent offers a dedicated liquidity driver service for newly launched projects, made possible through its unique utilities.

Deposit and Trade to Share 50,000 CRE

To celebrate this listing, the Crescent foundation is sponsoring 50,000 CRE for two campaigns: Deposit campaign, and Buy & hold campaign. Please see the details below. 

1) Deposit Campaign 

  • Users with a net deposit of more than $100 in CRE tokens can receive CRE rewards to their Injective wallets;
  • Rewards are limited to a total of 10,000 CRE tokens, and are provided on a first-come-first-serve basis to the first 100 deposit users, with each receive 100 CRE token reward;
  • The Deposit Campaign ends on Dec 30, 2022, if it has not yet reached 100 eligible deposit users before that date;
  • Rewards will be sent out within 5 working days after achieving 100 deposit users, or within 5 working days after Dec 30, 2022, which ever comes first.

2) Buy & Hold Campaign 

  • Buy a minimum of 500 USDT worth of CRE on Helix to participate;
  • Hold for a minimum of 20 days to win from the reward pool of 40,000 CRE tokens;
  • Rewards are distributed based on the total amount of CRE purchased and held (for instance if Person A purchased 1 CRE and there were a total of 100 CRE purchased total then Person A would receive 1% of the reward pool);
  • Snapshots taken at random intervals every day;
  • The Buy & Hold Campaign ends on Dec 30, 2022;
  • Rewards will be sent out within 5 working days after the campaign ends.

Benefits of Trading $CRE on Helix

On Helix, users will be able to trade CRE with zero gas fees and lightning fast speeds. You can place both market and limit orders on a fully decentralized orderbook created for the Cosmos community. Helix is the first fully decentralized on-chain orderbook exchange bringing the Crescent spot market to the interchain ecosystem.

With a diverse array of upgrades and advanced enhancements, Helix brings a completely unmatched exchange, advanced order types, a brand new Convert interface, trading histories, and reward tracking to Injective users. Anyone can use Helix as a crypto cross-chain trading gateway with zero gas fees, best-in-class security, and lightning-fast speeds.

Helix is natively integrated with IBC and offers zero gas fees when bridging assets over from Ethereum. Helix also offers maker fee rebates and rewards, enabling you to earn with every trade.

Here is a quick guide on how to trade spot markets on Helix: Link

CRE-USDT Market Details

  • Base asset: CRE
  • Quote asset: USDT
  • Minimum tick size: $0.0001 USDT
  • Minimum quantity step: 0.001
  • Trade and earn multiplier: 1X maker pts; 1X taker pts
  • Fee: 0.1% maker fee; 0.1% taker fee
  • Trading hours: 24/7/365

Upcoming Listings

Moving forward, Helix will continue to expand the markets available for users. All community members can propose to bring new assets to Helix using the governance portal on the Injective Hub. Ultimately, all INJ token holders own Injective so the community has the power to bring new assets to the dApp ecosystem.

Stay updated on all new listings by joining Helix on Twitter and Telegram

Additional Resources

This article is for informational purposes only and is not financial advice or an endorsement of a particular project or application. Use of Helix is subject to Helix's Terms and Conditions.

About Helix

Helix is the premier decentralized crypto exchange. Helix provides access to unlimited crypto assets and perpetual markets with market leading rebates. Best-in-class security, near zero fees, lightning fast speeds, cross-chain capabilities and a fully on-chain orderbook on Helix provide the optimal gateway to bring crypto trading to the masses. Helix is built on Injective, the interoperable layer one protocol for building powerful exchange, DeFi, derivatives & Web3 applications.

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About Injective

Injective is a custom interoperable layer one blockchain for building powerful exchange, DeFi, derivatives & Web3 applications. Injective was created using the Cosmos SDK and is able to achieve instant transaction finality while sustaining lightning fast speeds. INJ is the native deflationary scarce asset that powers the Injective Protocol and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by Pantera Capital.

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About Crescent Network

Crescent Network is a DeFi Hub in Cosmos ecosystem with a goal of empowering users’ digital assets for maximizing their financial returns while managing associated risks in the most efficient way by providing innovative and sophisticated DeFi products. Its flagship product, Crescent DEX is the biggest hybrid DEX in the Cosmos Ecosystem, providing a solution to unsustainable liquidity problems of basic AMM in the form of orderbook and ranged liquidity.

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