$C98 C98 coin, also known as Coin98 token, is the native utility token of the Coin98 ecosystem, which can be used on Ethereum, Binance Smart Chain, and Solana. Below are some key information about C98 coin:
• Purpose:
• The C98 token is the native utility token of the Coin98 DeFi platform, powering the entire ecosystem.
• The C98 token plays an important role in the Coin98 ecosystem, including paying platform service fees, staking incentives, and participating in governance, among others.
• Users need to pay a small fee when using the Coin98 exchange, which is paid using C98 tokens.
• Holders of C98 tokens can propose governance suggestions and vote to determine the functionality and/or parameters of the Coin98 exchange and its products.
• Acquisition:
• Users can acquire C98 tokens through the Binance Launchpad, which allocated 5% of the total supply.
• C98 tokens have been listed on multiple exchanges, including Binance, Gate.io, Bingbon, FTX, PancakeSwap, etc., where users can purchase C98 tokens.
• Users can also earn more C98 by staking CAKE on PancakeSwap or by staking C98 to earn OSWAP on OpenSwap.
• Circulation and Total Supply:
• The circulating supply of C98 tokens is 185,000,000, which is the same as the total supply, with a maximum supply of 1,000,000,000 tokens.
• Token Distribution:
• The distribution of C98 tokens includes ecosystem development (21%), community development (20%), team (20%), strategic sales (15%), finance (12%), seed sales (5%), Binance Launchpad sales (5%), and advisors (2%).
• Security:
• C98 tokens support Ethereum, Binance Smart Chain, and Solana and exist in the form of ERC-20, BEP-20, and SPL. Coin98 ensures the security of its smart contracts and products through external audits.
• Future Planning:
• According to Coin98's roadmap, there are plans to develop a launch platform, a lending platform, a mega farm, a derivatives market, and an NFT market.
As the core token of the Coin98 ecosystem, C98 coin has significant economic value and governance functions, facilitating various features and applications within the platform and providing users with the opportunity to participate in the development of the ecosystem.
