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Tezos-blog

XTZ futures launches on FTX. Tezos is a multi-purpose platform that supports dApps and smart contracts.

It aims to combine a self-correcting protocol and on-chain governance to manage network modifications.

Tezos is powered by XTZ, which is created through ‘baking’. Bakers put up deposits and then receive rewards for signing and publishing blocks. Afterward, Witness validates the blocks and dishonest bakers lose their XTZ deposits.

Tezos can be categorized by:

Institutional Grade Smart Contracts

Tezos is designed to provide the safety and code correctness required for assets and other high-value use cases. Similarly, its native smart contract language, Michelson, facilitates formal verification which is a methodology used in mission-critical environments

Upgradeable to the State of the Art

Tezos contains modular architecture and formal upgrade mechanisms. To clarify, it allows the network to propose and adopt new technological innovations smoothly as they emerge. Above all, it allows Tezos to remain at a state-of-the-art without sacrificing community consensus.

Open Participation and Incentive Alignment

All Tezos stakeholders may participate in network upgrades by evaluating, proposing or approving amendments.

Tezos uses delegated proof-of-stake (DPoS) and supports Turing complete smart contracts

Coin Specs

  • Current price: $1.27 USD / 0.00017069 BTC
  • Market Cap: $838,810,912 USD/ 112,717 BTC
  • Volume (24h): $25,711,984 USD/ 3,455 BTC
  • Circulating Supply: 660,373,612 XTZ
  • Total Supply: 801,312,599 XTZ
Join FTX and get a 5% discount on your trading fees HERE

FTX has announced the following instruments:

  • XTZ perpetual futures
  • XTZ December expiring futures
  • Leveraged tokens: XTZHEDGE, XTZBULL, XTZBEAR, XTZMOON, XTZDOOM

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