The decentralized stablecoin protocol Pure.cash has launched its mainnet public testing and started an airdrop.

Sep 17, 2024 10:05:42

news, the decentralized stablecoin protocol Pure.cash has officially entered the public testing phase of its mainnet, marking an important milestone in the project's development.

Along with the launch of the public test version, Pure.cash will also initiate the Genesis Airdrop event, distributing its entire supply of 2 billion $PURE tokens to the community in a one-time event.

Pure.cash is a decentralized, Delta-neutral stablecoin protocol built on Ethereum, integrating innovative zero funding rates and only long perpetual contracts.

In addition, Pure.cash introduces a reverse issuance model, reaching its maximum supply at the Token Generation Event (TGE), after which tokens will continuously be burned. The protocol aims to ensure fair participation and long-term token value growth through a fair and community-driven distribution, as well as a continuous token burning mechanism.

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