On November 1st, according to the official announcement, bitSmiley, the BTC Decentralized Finance infrastructure, will soon launch the Token SMILE on the Ethereum network. The reason is that the BTC blockchain infrastructure is still underdeveloped and the existing infrastructure cannot support on-chain project governance for BTC blocks. The details of Tokenomics are as follows:
· Token Code: SMILE
· Total supply of Tokens: 210 million
· Token Standards: ERC-20
· Token use cases: governance, fee discounts, etc.
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