Pure.cash Enters Public Testnet and Launches Genesis Airdrop

Mars Finance News, September 17: The decentralized stablecoin protocol, Pure.cash, has officially entered its public testnet phase, marking a significant milestone in its development. Concurrently with the launch of the public testnet, Pure.cash will initiate a Genesis Airdrop, distributing its entire supply of 2 billion $PURE tokens to the community in a single event.

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

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