What is DAY token (What currency is da)
What is DAY token According to official sources, what is DAY token? Daytoken is
What is DAY token According to official sources, what is DAY token? Daytoken is a cryptocurrency based on decentralized finance (DeFi) technology. The total supply of Daytoken is 21 trillion.
Specifically, it can be categorized into three types: mining type, liquidity staking type, social tokens, and others. Among them, the most active is the aggregated trading platform, which mainly rewards users for participating in the development and operation of the protocol; followed by the payment type, which incentivizes users through fee deductions; the next type involves financing in the form of options, allowing investors to obtain profits; the last type circulates in the market as stablecoins to promote the prosperity and development of the ecosystem.
What currency is da
According to official sources, da is a currency. The prototype of DA is built on the Ethereum network, aiming to achieve low transaction costs, high efficiency, easy verification and management, while maintaining anonymity to ensure users are not maliciously attacked or deceived.
According to previous reports, on June 14th, the issuer of da announced that 10 billion DA will be used to support its governance token, Daedalus (DAI), and plans to conduct a public sale within the next 12 months.
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