Bluefin plans to launch governance tokens in July this year, 32.5% of tokens will be used for user incentives
Coin Point News reported that the decentralized order book exchange Bluefin has received a total of US$17 million in financing since its establishment in 2020 and will launch its governance token BLUE in July. Bluefin recently received an undisclosed amount of investment from Flow Traders. The maximum supply of Bluefin's governance token BLUE is 1 billion, and the initial circulation supply is 116 million. Bluefin plans to use 32.5% of the tokens for user incentives, including airdrops, trading rewards, liquidity supply, and future growth plans. Bluefin also plans to launch a spot digital asset trading aggregator and Bluefin Pro.