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Hotcoin to Launch SOAI (SOAI) Trading on May 26 at 13:14
2024-05-24 14:25:04

According to the official Hotcoin announcement, SOAI/USDT trading will be available from 13:14 on May 26, 2024 (UTC+8). Deposits and withdrawals for SOAI will open on May 25 at 13:14.
 
SOAI is a Layer 2 scaling solution based on SOL Rollup technology. By leveraging the communication capabilities between Layer 1 and Layer 2, it allows for trustless transfer of any form of SOL assets between the two layers. While SOAI transactions are still settled on SOL, SOAI only submits the original transaction data to SOL, resulting in significantly lower gas fees compared to the mainnet. The contracts are fully compatible and have no gas limits. SOAI’s scaling solution suite offers faster speeds, significantly reduced costs, and the same level of security as SOL.