Alisa Davidson
Revealed: January 08, 2025 at 8:24 am Up to date: January 08, 2025 at 8:24 am
Edited and fact-checked:
January 08, 2025 at 8:24 am
In Transient
DuckChain introduces the DUCK governance token to energy its ecosystem and drive mass adoption, unveiling its tokenomics and airdrop particulars forward of the official launch.
Shopper layer of The Open Community (TON), DuckChain launched the DUCK governance token to energy its ecosystem and drive mass adoption, unveiling its tokenomics forward of the official token launch.
DUCK is about to supply a number of key capabilities, together with permitting holders to take part in decision-making by way of AI-powered processes to make sure scalability and inclusivity, and enabling customers to stake DUCK to safe the community and earn rewards, selling ecosystem stability and person engagement. Moreover, will probably be used for gasoline charges, appearing as the first forex for transactions on DuckChain and simplifying funds for customers and builders with a unified gasoline system in addition to function ecosystem forex, powering all the DuckChain ecosystem by facilitating liquidity, funds, and participation throughout decentralized purposes (dApps).
In response to the announcement, 77% of the whole tokens will probably be allotted to the group and ecosystem, which incorporates 50% for airdrops, 3% for advertising, 4% for liquidity, 20% for the ecosystem, 10% for traders. Moreover, 10% will probably be allotted for the staff, and three% for advisors. The overall provide of DUCK tokens is capped at 10 billion, with 59% allotted for preliminary circulation.
DUCK will probably be a multi-chain token. The preliminary token technology occasion (TGE) will happen on TON, adopted by launches on DuckChain after its public mainnet launch, Arbitrum, Base, and different chains. DUCK goals to combine Telegram customers into the cryptocurrency atmosphere seamlessly. The token distribution will happen over a interval of 48 months, with nearly all of tokens allotted to the group. No tokens for the staff, traders, or advisors will probably be launched within the first 12 months.
Relating to the airdrop, all MiniApp customers can now test their allocation within the DuckChain MiniApp. They will declare their DUCK tokens on the OKX cryptocurrency trade. Web3 customers who engaged with DuckChain on its web site by way of staking or bridging and AI DAO Genesis members will be capable of test their airdrop allocation by January thirteenth.Â
The itemizing is scheduled for January sixteenth and will probably be obtainable by way of each centralized (CEXs) and decentralized exchanges (DEXs).Â
What Is DuckChain?
DuckChain serves as a consumer-focused platform geared toward driving mass adoption of cryptocurrency, making it accessible to Telegram‘s huge person base by way of applied sciences reminiscent of AI, Ethereum Digital Machine (EVM), and extra. At the moment, DuckChain has over 20 million customers, with greater than 2 million each day energetic customers (DAUs) and over 3 million paid customers. The platform has obtained funding from distinguished crypto enterprise capital companies, together with dao5, Tandem by Offchain Labs, Kinetic, and others.
The platform just lately launched its mainnet, permitting customers to discover its community and interact in a mainnet occasion the place they will earn numerous rewards, reminiscent of Eggs, USDT, TON, NOT, and DOGS.
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About The Creator
Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising developments and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
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Alisa Davidson
Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising developments and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
Extra articles
