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momaek
@hie
1039 Following
378 Followers
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@hie Timeswap, a lending agreement, has released TIME token economics. The total supply of TIME tokens is 1.75 billion, with an initial circulation of 20% (airdrop 10%+community round 10%). 50% of the token distribution is allocated to the community, including: 10% reserved for discount community rounds through FjordFoundry, 10% reserved for traceability rewards, of which about 3.6% is used for pre mining and the remaining 6.4% is used for airdrops. The initial circulation of TGE only includes the above 20%. The remaining 30% will be used for future distribution, for liquidity mining, ecosystem development, grants, etc., with a maximum unlocking of 10% per year. In addition, 20% will be allocated to the team, locked for 12 months and unlocked for 36 months; @ftomy 0 reply
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According to CoinMarketCap market data, the UPCX project ecosystem Token $UPC has increased by 9.28% in 24 hours, with a market value exceeding $240 million and a temporary price of $5.02$ UPC rose from $3.85 on December 5, 2024 to $5.02 as of December 7 today. In the past two days, the total increase has reached 30.38%. According to previous news, the UPCX mainnet wallet released the latest user data on December 3, and its user base has exceeded the 50000 mark. Currently, UPC has launched Bitget, Gate, MEXC, LBank, WEEX, and TRIV platforms. UPCX is an open-source payment system with high traffic support in the payment, Layer2, and RWA sectors. It utilizes advanced technologies (DPoS+BFT and sharding) to process thousands of transactions per second. UPCX supports various assets, including NFTs and stablecoins, @ipungkribo 0 reply
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According to FOXBusiness, informed sources have revealed that Ripple is about to receive approval from the New York Department of Financial Services (NYDFS) to issue the stablecoin RLUSD, which is expected to be officially launched on December 4, 2024. At present, the market value of XRP has reached 99 billion US dollars, ranking as the fifth largest cryptocurrency in the world. As an institution that has obtained regulatory approval from NYDFS, Ripple will collaborate with payment service providers such as Bitstamp, Moonpay, and Uphold to launch this stablecoin. This stablecoin aims to meet customers' demand for low volatility digital currencies, while promoting further development of cross-border payments and remittance transactions. Previously, Ripple also established the RLUSD Advisory Committee, which includes former Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair, former JPMorgan executive David Puth, and Ripple co-founder and executive chairman Chris Larsen. @seungwooooooo 0 reply
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