What is the issuance price of dydx coins?

DYDX token issuance price is US$12, with a total supply of 1 billion, which is used to pay transaction fees, pledge to obtain governance rights and rewards, and incentivize liquidity providers and market makers. The issuance channels include pre-sale (US$10) and On sale to the public ($12).

DYDX Token Issuance Price

DYDX is the native token of the decentralized perpetual contract trading platform dYdX. Its release price is $12.

Tokenomics

The total supply of DYDX tokens is 1 billion. Token distribution is as follows:

• Ecosystem Fund: 27.72%
• Team: 24.86%
• Advisor: 5.02%
• Presale: 16.39%
• Public Sale: 13.92%
• Liquidity Mining: 12.09%

Uses and Benefits

DYDX tokens are used to:

• Pay trading fees and enjoy discounts
• Stake to gain platform governance rights and rewards
• Participate in community governance and decision-making
• Incentivize liquidity providers and market makers

Issue Details

DYDX tokens were issued on August 3, 2021 via pre-sale and public sale. The pre-sale price is $10 and the general sale price is $12. The token is traded through exchanges such as Coinbase, Binance, and FTX.

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