Phuture Initial DEX Offering On Polkastarter
A decentralised protocol built for the creation and investment of passive index strategies in a Web3 environment Phuture announced the details of its upcoming Initial DEX Offering that will kickstart on Polakstarter.
Brief Review:
Phuture raised $1.5M in a recent seed round and is supported by some of the most forward-thinking investors in the Web 3 landscape, backed by Ascensive Assets, NGC Ventures, SevenX, Moonrock Capital, Origin Capital, Waterdrip Capital, and D64 Ventures.
Phuture’s aggregated design achieves scalability by allowing a single swap to rebalance multiple indices simultaneously.The protocol’s smart rebalancing engine calculates the optimal assets to rebalance and dynamically defines acceptable weight ranges to rebalance in.
Phuture token $PHTR is the medium through which the protocol can enforce governance, reward users, incentivise activity and provide a medium to raise capital.
PHTR USES
- Governance – Staked PHTR holders can exercise their right to vote on, or propose new ideas to improve the Phuture protocol.
- Staking – Users who stake PHTR receive Enhanced PHTR (ePHTR), a yield generating variant of PHTR.
- Keeper and Liquidity Rewards – PHTR is earned by keepers performing critical platform functions, and is used to promote the liquidity of Phuture indices.
PHTR is emitted to active users of the platform ensuring that they accrue more influence in the protocol, whilst non active users get diluted over time. The final date and and offcial announcement about this exciting token sale event will be publish soon by the Phuture DEV Core.
ABOUT Phuture
Phuture is a decentralised protocol built for the creation and investment of passive index strategies in a Web3 environment
ABOUT Polkastarter
Polkastarter,is a protocol built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Polkadot.
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