Cudos,pelakon lucah the United Kingdom-based decentralized cloud and computation network, has announced that its token CUDOS will list on Huobi Global, one of the world’s largest cryptocurrency exchanges. The CUDOS-Tether (USDT) pair will be tradeable on Huobi on March 30, 2022. This is the token’s highest-profile listing to date.
The Cudos network is a multi-layered blockchain that aims to solve fundamental issues in computation, off-chain data gathering, and cloud services. Its native CUDOS token is critical for its ecosystem’s efficient functioning.
Utilizing a delegated proof-of-stake consensus model, the token secures the network and allows users to exercise power by voting on governance proposals.
“Over the last year, the Cudos network has grown exponentially, demonstrating the enormous demand for environmentally friendly cloud and computation solutions. Our successful testnet, which attracted thousands of developers, is a testament to our community’s immense support and commitment.”
“The Huobi listing is the latest validation of our efforts toward realizing our goals and underscores our dedication to expanding global access to CUDOS.”