🪙 $BitDN
Asset Type: SRC20 Token
Total Supply: 10 Billion
IDO Market Cap: $1.5 Million
Actual Circulating Supply: 850 Million (adjusted for burned addresses)
Circulating Supply: 850 Million
$BitDN is pivotal in the BitDragon ecosystem, serving as its core and engine. This token embodies the core asset value and drives the entire gaming ecosystem. Here's a concise breakdown of $BitDN's roles and functions:
The value of deflationary assets
$BitDN, a deflationary asset, has a fixed supply that decreases over time with ecosystem usage. This scarcity incentivizes users to hold and accumulate $BitDN, laying the foundation for long-term stability and growth within the BitDragon ecosystem.
Staking Rewards
BitDragon's ecosystem offers staking as an additional income avenue for $BitDN holders. By staking $BitDN in designated pools, users participate in governance and development, earning interest rewards. This incentivizes active engagement and provides a stable income for long-term $BitDN holders.
Main Transaction Currency in the Ecosystem
$BitDN is integral to all major transactions and activities within the BitDragon ecosystem. It serves as the primary medium of payment for purchasing NFTs, using cross-chain bridges to map assets to other ecosystems, and essential in-game activities like leveling up. This design significantly boosts the circulation and usefulness of $BitDN, making it the linchpin connecting different modules of the BitDragon ecosystem.
Cross-Chain Bridge Usage and Fees
The cross-chain bridge allows $BitDN to transcend the BitDragon ecosystem, enabling users to map $BitDN to other ecosystems. This broadens its applications and value. Implementing fees not only supports ongoing ecosystem development and maintenance but also encourages asset movement across ecosystems, fostering greater interoperability and value exchange.
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