Know more about Cardaswap utility token $CADA, how it is distributed and more information on upcoming pre-sale.
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As you may know, in order to build an entire ecosystem on the cardano blockchain, cardaswap.finance will issue a utility token deployed on the Cardano Blockchain for community governance and DeFi-utilization on the Cardaswap platform.
The token namely, CADA (ticker symbol $CADA), is designed to be community centric and DeFi community driven, a great way to incentivize all contributors and participants.
EVER WONDERED HOW MANY $CADA TOKENS WILL EVER EXIST & HOW THEY WILL BE DISTRIBUTED?
Some Important Points To Note:
All team tokens, liquidity and marketing tokens will be available in transparent wallets that can be viewed by anyone at any moment.
The Ecosystem tokens will be locked for a minimum of a year and will be used for partnerships and strategic growth opportunities to enhance the Cardaswap Ecosystem which will bring about more use cases for the $CADA token.
It’s worthy to note that we will be implementing strategic burns to effectively reduce the supply thereby making $CADA more scarce and valuable when trading.
View Full Tokenomics Here 👉🏽 https://cardaswap.finance/tokenomics.png
Cardaswap Pre-Sale Starts 31st August 9am UTC.
Our Pre-Sale Will Commence Tomorrow 31st August.
Allocation: 250,0000 $CADA
Hardcap: 68,750 ADA.
More Details Will be Announced 10 Minutes before the start of the presale.
Please Note That No Cardaswap Admin Will PM or Email You or Ask You To Send Your Private Keys, Anyone That Does Is A Scammer and Should be Deleted immediately.
Report All Scams to firstname.lastname@example.org
What Is Cardaswap?
Cardaswap is a fully decentralized AMM (Automated Market Maker) trading protocol on the Cardano blockchain.
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