DeversiFi Unveils Governance Token
The decentralized Ethereum exchange DeversiFi plans to launch a governance token called DVF. DVF will be distributed via an open and fair launch mechanism called DeversiFi Launch Market (DLM). The proceeds will be placed in a community-governed treasury. Tokenomics and further details on the DLM mechanism will be made available closer to launch. While DeversiFi’s…
By: Dan Kahan •
Byte
The decentralized Ethereum exchange DeversiFi plans to launch a governance token called DVF.
DVF will be distributed via an open and fair launch mechanism called DeversiFi Launch Market (DLM). The proceeds will be placed in a community-governed treasury. Tokenomics and further details on the DLM mechanism will be made available closer to launch.
While DeversiFi’s settlements occur on the Ethereum blockchain, its order books are off-chain, allowing users to participate without paying high Ethereum network transaction fees.