Fluid Protocol launches Mainnet Beta version, and 45% of FPT Token will be allocated to the community

2024-11-22 03:00:56

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Techub News, Decentralization lending protocol Fluid Protocol has launched the Mainnet Beta version, which will introduce an over-collateralization lending platform and the native Stable Coin USDF of the Fuel Network. Currently, Collateral supports ETH, wstETH, EzETH, weETH, RsETH, mETH.

Fluid Protocol adopts a dual-Token model. USDF is the native stablecoin of the Fuel Network, generated through lending and destroyed upon repayment or liquidation. FPT is the value accumulation Token of the protocol, not a governance Token, designed to reward participants in the ecosystem. Staking FPT can yield profits. In addition, the total supply of FPT is 100 million, with 45% allocated to the community, 20% to early investors, 21% to the team, and 14% to the treasury.

FUEL-2.43%

ETH1.07%

WEETH0.57%

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