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The KMNO token will serve as a governance asset from launch day, Thomas said on the Zoom call Thursday. Its holders will ultimately have influence over Kamino’s incentive programs, revenue disbursements, protocol operations and risk management, according to a tweet from Kamino. Source link
FILES NOT FOUND: Ethereum has a standardized process for adding new token standards, including the well-known ERC-20, for fungible tokens, and ERC-721, for non-fungible tokens or NFTs. But a new unofficial token standard, ERC-404 is suddenly getting traction – and there’s now a supposedly improved version called DN-404. Both standards aim to combine virtues of […]
Of the initial circulating supply of 1.35 billion, 1 billion coins are for airdrops, 50 million each for loans to market makers on centralized exchanges and liquidity pool needs, and 250 million for a launch pool. Airdrop refers to crypto projects distributing free new or existing tokens en masse to their communities to boost adoption. […]
ETHEREUM’S DIVERSITY PROBLEM. In the blockchain tech context, “client diversity” refers to the goal of having multiple software programs – known as “clients” – available for node operators and validators to access networks; as the thinking goes, if one of these clients goes down, due to a bug or some other mishap, there are plenty […]
Manta is the latest in a rising cohort of new blockchains that offer faster transactions at lower costs than popular networks, such as Ethereum. These newer networks are usually backed by prominent funds and extensively market their blockchain in crypto circles on X and other social media platforms, hoping to capture market share and fees, […]