Friday, April 26, 2024
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Sushiswap (SUSHI) surges amid new tokenomics model discussion

Decentralized exchange Sushiswap (SUSHI) has introduced a new tokenomics model for sustainable growth and efficiency that the community is now discussing. Launched in August 2020, SUSHI is a decentralized finance protocol on Ethereum (ETH) that allows cryptocurrencies to be traded through liquidity pools without a central authority. The SUSHI community is evaluating

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Did dYdX violate the law by changing its tokenomics?

On Jan. 24, the dYdX Foundation, the entity responsible for the dYdX decentralized crypto exchange, announced “changes” to its tokenomics — the way it distributes tokens to early investors, employees and contractors, and, of course, the public.So, what’s uncommon about the situation? The project’s foundation, in agreement with dYdX Trading

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SushiSwap CEO proposes new tokenomics for liquidity, decentralization

Jared Grey, CEO of the decentralized exchange Sushiswap, has plans to redesign the tokenomics of the SUSHI token, according to a proposal introduced on Dec. 30 in the Sushi's forum.As part of the new proposed tokenomics model, time-lock tiers will be introduced for emission-based rewards, as well as a token

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Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme – Bitcoin News

Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is still trading above $1 per unit, and it managed to climb 23.4%

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FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags – Altcoins Bitcoin News

Following the collapse of FTX and the exchange filing bankruptcy on Nov. 11, the trading platform’s exchange token called ftx (FTT) has shed 91.6% in value during the last seven days. While the FTT token’s utility is based entirely on the backing of the now-bankrupt FTX and Alameda Research, the

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