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What is the issuance amount of dForce (DF) coins?
The total issuance amount of dForce (DF) coins is fixed at 1,493,265,556 DF, distributed among team members, investors, founders, the ecosystem, and the community.
Jan 03, 2025 at 11:08 am
Key Points:
- dForce (DF) is a decentralized finance (DeFi) platform that enables users to lend, borrow, and trade crypto assets.
- DF coins are the native utility tokens of the dForce platform.
- The issuance amount of DF coins is 1,493,265,556 DF.
Issuance Amount of dForce (DF) Coins
The total issuance amount of DF coins is 1,493,265,556 DF. This number was set at the launch of the platform in 2020 and is not expected to change.
Token Distribution
The following is a breakdown of the distribution of DF coins:
- Team (20%): 298,653,111 DF
- Investors (20%): 298,653,111 DF
- Founders (20%): 298,653,111 DF
- Ecosystem (20%): 298,653,111 DF
- Community (20%): 298,653,111 DF
Token Allocation
The following is a breakdown of the allocation of DF coins:
- Development: 30%
- Marketing and Business Development: 20%
- Operations: 15%
- Ecosystem Fund: 15%
- Reserve: 20%
Token Use Cases
DF coins are used for various purposes on the dForce platform, including:
- Governance: DF coin holders can participate in the governance of the dForce platform through voting on proposals.
- Staking: DF coin holders can stake their coins to earn rewards.
- Fees: DF coins can be used to pay for fees on the dForce platform, such as lending and trading fees.
FAQs
What is the purpose of dForce (DF) coins?
- DF coins are the native utility tokens of the dForce platform. They are used for governance, staking, and paying fees on the platform.
How many DF coins are in circulation?
- The current circulating supply of DF coins is 1,493,265,556 DF.
Where can I buy DF coins?
- DF coins can be purchased on a variety of cryptocurrency exchanges, including Binance, Huobi, and OKEx.
What is the future of dForce (DF) coins?
- The future of DF coins is closely tied to the future of the dForce platform. As the platform grows and gains adoption, the demand for DF coins is expected to increase.
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