ReformDAO's $RFRM token listed on major exchanges, promoting community-driven market-making.
From Investing.com
August 29, 2024 11:00 AM:
ReformDAO’s $RFRM token is now listed on major exchanges Gate.io, Mexc.com, and Bitget.com, marking a milestone in reshaping cryptocurrency market-making. The platform focuses on community-driven market-making, equitable practices, innovative treasury systems, and advanced algorithmic trading to enhance liquidity and revenue flow.
The $RFRM token serves as the lifeblood of the ReformDAO ecosystem, offering governance capabilities and utility. Token holders can participate in governance, stake tokens for benefits like discounts and enhanced voting power, and contribute to the decentralized governance model to shape the platform’s future direction effectively.
ReformDAO incentivizes long-term participation by design, with a staking mechanism rewarding dedicated holders with increased returns for extended commitment. Token holders also play a crucial role in governance, deciding the platform’s strategic direction, and ensuring an inclusive ecosystem through decentralized governance.
To enhance long-term value, ReformDAO implements a buyback mechanism where a portion of market-making profits is used to repurchase $RFRM tokens. The tokens are then locked in the bonding treasury for 1 to 5 years, aligning interests and promoting sustainability within the ecosystem while promoting liquidity and fair access.
On August 29, 2024, $RFRM was listed on Gate.io, Mexc.com, and Bitget.com, further solidifying ReformDAO’s influence in the cryptocurrency space. The listing signifies the project’s mission to democratize market-making and provide equitable access to liquidity, showcasing a commitment to transparent and fair market practices for projects of all sizes.
Read more at Investing.com: ReformDAO Announces $RFRM Token Listing on Gate.io, MEXC, and Bitget By Chainwire