What is the issuance price and issuance volume of dForce (DF) coins?

Launched in 2020 through an IEO on Binance Launchpad, dForce (DF) coin had an issuance price of $0.08 and a volume of 1 billion tokens.

Jan 06, 2025 at 03:39 am

Understanding dForce (DF) Coin: Issuance Price, Volume, and Key Attributes

Key Points:

dForce (DF) coin issuance price: $0.08
dForce (DF) coin issuance volume: 1 billion
DF serves as a governance and utility token within the dForce ecosystem
DF holders can participate in protocol governance, stake their tokens for rewards, and gain access to exclusive features

Issuance Price and Volume

dForce (DF) coin was launched through an initial exchange offering (IEO) on Binance Launchpad in January 2020.
The issuance price of DF coins was set at $0.08.
A total of 1 billion DF coins were issued, with a portion allocated to the team, investors, and public sale.

Key Attributes of dForce (DF) Coin

Governance:

DF serves as a governance token for the dForce ecosystem.
Holders can participate in protocol decision-making, including proposing and voting on changes to the network's parameters and features.

Staking Rewards:

Users can stake their DF coins to secure the network and earn staking rewards.
Stakers participate in the consensus process, validating transactions and contributing to the stability of the protocol.
Rewards are distributed in DF tokens.

Utility within the dForce Ecosystem:

DF coins provide access to exclusive features and services within the dForce ecosystem, such as:
- Reduced fees on dForce products and services
- Eligibility for airdrops and token distributions
- Early access to new platform offerings

Distribution:

The initial distribution of DF coins was divided as follows:
- 35% to the dForce team
- 25% to investors
- 40% allocated to the public sale

FAQs

1. Where can I purchase DF coins?

DF coins are available for trading on several major cryptocurrency exchanges, including Binance, Huobi, and Gate.io.

2. Is the issuance price of DF fixed?

No, the issuance price of DF is subject to market fluctuations and the supply and demand dynamics of the coin.

3. How can I stake my DF coins?

You can stake your DF coins through the official dForce wallet or via supported third-party staking services.

4. What is the advantage of staking DF coins?

Staking DF coins allows you to earn passive income through staking rewards, participate in network security, and contribute to the overall health of the dForce ecosystem.

5. How often are staking rewards distributed?

Staking rewards for DF are distributed on a periodic basis, typically every few days or weeks.

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