Decentralized Stablecoin Protocol Pure.cash Opens Mainnet Public Test and Launches Airdrop

Article is form followin
September 17, 2024
This article is translated by ChatGPT Show original
Back Icon Image

On September 17th, according to official announcements, the decentralized stablecoin protocol Pure.cash has officially entered the public mainnet testing phase, marking a significant milestone in the project's development.

Simultaneously with the launch of the public testnet, Pure.cash will also initiate a Genesis Airdrop event, distributing the entire supply of its 2 billion $PURE tokens to the community in a single distribution.

Pure.cash is a decentralized, Delta-neutral stablecoin protocol built on Ethereum, incorporating innovative zero-funding fee, long-only perpetual contracts.

Furthermore, Pure.cash introduces a reverse issuance model, reaching its maximum supply at the Token Generation Event (TGE), with subsequent token burns ongoing. The protocol aims to ensure fair participation and long-term token value growth through a fair and community-driven distribution, along with a continuous token burning mechanism.

Back Icon Image
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.