$CRF Token is going to start trading.
Today is a big day, the $CRF token is going to start trading on Gate.io / Mexc.io and Uniswap. It’s a milestone of Crafting finance, as the $CRF token can be bought from the secondary market, so more users could be the owners of the project.
As Crafting is aim to solve the liquidity problem of crypto assets, The founding team are still talking with more exchanges to get listed, so that could provide more liquidity for $CRF token.
The $CRF token is a very important element for the project, as it is like the serum of the project.
There’s two functions of the CRF token:
1.As collateral generate synthetic assets through staking CRF and earn contract trading fees. CRF holders can use CRF as collateral to generate synthetic assets, and according to the number of staked CRFs, the percentage can be calculated. The fees incurred by DEX will be allocated to the fee pool, and proportionally rewarded to users who staked the CRF.
2.Governance token of CF. All the parameters involved in CF, including the increase or decrease of the types of collateral, the adjustment of the collateralization ratio, the types of synthetic assets etc, can be determined by voting by CRF holders.
The distribution of the token is like the table:
And the lockup policy is follow the table underneath:
And we will be very happy to disclose that, we are going to cooperate with the famous Public chain Near, and the details of the cooperation will be announced soon.
Stay tuned and keep following us for future updates!
🌐 website: http://crafting.finance/
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- 🚢a Medium: https://medium.com/@craftingfinance
