-
Bitcoin $105,398.5023
1.75% - Ethereum
$2,555.2076
3.43% - Tether USDt
$1.0004
-0.02% - XRP
$2.1420
2.09% - BNB
$651.8274
1.41% - Solana
$146.6120
2.90% - USDC
$0.9998
-0.01% - Dogecoin
$0.1773
3.19% - TRON
$0.2715
0.86% - Cardano
$0.6350
1.86% - Hyperliquid
$41.6576
9.72% - Sui
$3.0264
2.34% - Bitcoin Cash
$444.9663
11.29% - Chainlink
$13.2560
2.72% - UNUS SED LEO
$9.0324
1.94% - Avalanche
$19.1824
2.67% - Stellar
$0.2586
1.47% - Toncoin
$3.0063
2.58% - Shiba Inu
$0.0...01205
4.59% - Hedera
$0.1580
3.52% - Litecoin
$86.0051
4.95% - Polkadot
$3.8023
2.34% - Ethena USDe
$1.0005
0.01% - Monero
$309.1882
1.96% - Dai
$1.0000
0.01% - Bitget Token
$4.5486
1.61% - Uniswap
$7.5266
8.36% - Pepe
$0.0...01113
5.10% - Aave
$288.7607
8.66% - Pi
$0.5784
4.89%
When was BEFE coin issued? Learn about the origin of BEFE coin in one article
BEFE coin, created in 2018 as an extension of the BitShares platform, serves as an infrastructure and protocol token within the ecosystem, incentivizing governance, security, and development through staking and voting capabilities.
Oct 01, 2024 at 08:30 am
Understanding the Genesis of BEFE Coin
1. Origins and Issuance
- BEFE coin, an acronym for "BitShares Evolution Finance Ecosystem," was created in 2018.
- It was primarily developed by the BitShares community as an extension and evolution of the BitShares platform.
2. Purpose and Goals
- BEFE coin was designed to serve as an infrastructure and protocol token within the BitShares ecosystem.
- Its main purpose is to incentivize users and developers to participate in the network's governance, security, and development.
3. Blockchain Technology
- BEFE coin operates on a Proof-of-Stake (PoS) blockchain network.
- This means that validators are chosen based on the amount of BEFE they hold and stake.
- Staking BEFE allows users to participate in the consensus process and earn rewards for validating transactions.
4. Use Cases
- Governance: BEFE holders can participate in voting on proposals that affect the direction of the BitShares ecosystem.
- Staking: Users can stake BEFE to secure the network and earn rewards.
- Transaction Fees: BEFE is used to cover transaction fees on the BitShares blockchain.
- Utility Token: BEFE can also be used to access certain premium features and services within the ecosystem.
5. Distribution
- The initial supply of BEFE coins was 100 million.
- It was distributed through a fair launch without any pre-mine or ICO.
- BEFE coins are earned primarily through staking and participation in the network's activities.
6. Current Status and Market Performance
- As of March 2021, BEFE has a circulating supply of around 57.5 million coins.
It is traded on several cryptocurrency exchanges, including:
- Bittrex
- Poloniex
- Upbit
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Hyperliquid's HYPE token has reached a new all-time high
- 2025-06-14 11:20:13
- Introduction to Pump.fun Token Launch Progress
- 2025-06-14 11:20:13
- Introduction: The Dawn of Altcoin ETF Summer
- 2025-06-14 11:15:13
- Coinbase vs. Crypto.com - Which exchange is right for you?
- 2025-06-14 11:15:13
- The 50‑day moving average for Dogecoin recently dipped below the 200‑day
- 2025-06-14 11:10:12
- mETH Protocol Integrates with Hong Kong–based OSL to Expand Institutional Access to Liquid Staking
- 2025-06-14 11:10:12
Related knowledge
How to solve the error code when withdrawing SHIB?
May 14,2025 at 02:22am
Understanding Error Codes When Withdrawing SHIBWhen you attempt to withdraw Shiba Inu (SHIB) from an exchange or wallet, you might encounter various error codes. Understanding these error codes is crucial to successfully completing your transactions. Error codes are typically generated to inform users of specific issues that need to be addressed before ...
Can the SHIB withdrawal address be reused? Is it safe?
May 13,2025 at 04:42pm
Introduction to SHIB Withdrawal AddressesWhen it comes to Shiba Inu (SHIB) transactions, one of the critical aspects users need to understand is the nature and safety of withdrawal addresses. The SHIB withdrawal address plays a pivotal role in ensuring that your tokens are transferred securely from one wallet to another. A common question among users is...
What is the minimum withdrawal amount for SHIB? Is there a threshold?
May 13,2025 at 03:29pm
When it comes to withdrawing SHIB (Shiba Inu) from various cryptocurrency platforms, understanding the minimum withdrawal amount and any associated thresholds is crucial for managing your transactions efficiently. This article will delve into the specifics of SHIB withdrawals, focusing on the minimum amounts required, how these thresholds are set, and w...
What to do if the SHIB withdrawal network is congested? Can it be cancelled?
May 13,2025 at 05:07pm
If you're facing issues with the SHIB withdrawal network being congested, it's important to understand your options and the steps you can take. Congestion in the network can lead to delays in transaction processing, and knowing whether you can cancel a pending transaction is crucial. Let's explore this topic in detail. Understanding SHIB Withdrawal Netw...
Does SHIB withdrawal support ERC20? How to choose?
May 14,2025 at 02:56am
Does SHIB withdrawal support ERC20? How to choose? Shiba Inu (SHIB) is a popular cryptocurrency that often raises questions about its withdrawal options, particularly in relation to the ERC20 token standard. This article will explore whether SHIB withdrawal supports ERC20 and provide a detailed guide on how to choose the best withdrawal method for your ...
What if I forget my SHIB withdrawal password? How to reset it?
May 13,2025 at 03:15pm
Forgetting your SHIB withdrawal password can be a stressful experience, especially if you are eager to access your funds. Fortunately, there are steps you can take to reset your password and regain access to your SHIB. This article will guide you through the process of resetting your SHIB withdrawal password, ensuring that you can continue to manage you...
How to solve the error code when withdrawing SHIB?
May 14,2025 at 02:22am
Understanding Error Codes When Withdrawing SHIBWhen you attempt to withdraw Shiba Inu (SHIB) from an exchange or wallet, you might encounter various error codes. Understanding these error codes is crucial to successfully completing your transactions. Error codes are typically generated to inform users of specific issues that need to be addressed before ...
Can the SHIB withdrawal address be reused? Is it safe?
May 13,2025 at 04:42pm
Introduction to SHIB Withdrawal AddressesWhen it comes to Shiba Inu (SHIB) transactions, one of the critical aspects users need to understand is the nature and safety of withdrawal addresses. The SHIB withdrawal address plays a pivotal role in ensuring that your tokens are transferred securely from one wallet to another. A common question among users is...
What is the minimum withdrawal amount for SHIB? Is there a threshold?
May 13,2025 at 03:29pm
When it comes to withdrawing SHIB (Shiba Inu) from various cryptocurrency platforms, understanding the minimum withdrawal amount and any associated thresholds is crucial for managing your transactions efficiently. This article will delve into the specifics of SHIB withdrawals, focusing on the minimum amounts required, how these thresholds are set, and w...
What to do if the SHIB withdrawal network is congested? Can it be cancelled?
May 13,2025 at 05:07pm
If you're facing issues with the SHIB withdrawal network being congested, it's important to understand your options and the steps you can take. Congestion in the network can lead to delays in transaction processing, and knowing whether you can cancel a pending transaction is crucial. Let's explore this topic in detail. Understanding SHIB Withdrawal Netw...
Does SHIB withdrawal support ERC20? How to choose?
May 14,2025 at 02:56am
Does SHIB withdrawal support ERC20? How to choose? Shiba Inu (SHIB) is a popular cryptocurrency that often raises questions about its withdrawal options, particularly in relation to the ERC20 token standard. This article will explore whether SHIB withdrawal supports ERC20 and provide a detailed guide on how to choose the best withdrawal method for your ...
What if I forget my SHIB withdrawal password? How to reset it?
May 13,2025 at 03:15pm
Forgetting your SHIB withdrawal password can be a stressful experience, especially if you are eager to access your funds. Fortunately, there are steps you can take to reset your password and regain access to your SHIB. This article will guide you through the process of resetting your SHIB withdrawal password, ensuring that you can continue to manage you...
See all articles
