According to TechFlow, on September 17, the decentralized stablecoin protocol Pure.cash has officially entered the mainnet public beta phase, which is an important milestone in the development of the project. At the same time as launching the public beta version, Pure.cash will also launch the Genesis Airdrop event to distribute its entire supply of 2 billion $PURE tokens to the community at one time.
Pure.cash is a decentralized, delta-neutral stablecoin protocol built on Ethereum, integrating innovative zero-funding, long-only perpetual contracts. In addition, Pure.cash introduces a reverse issuance model, where the maximum supply is reached at the token generation event (TGE), after which tokens are continuously destroyed. The protocol aims to ensure fair participation and long-term growth in token value by ensuring a fair and community-driven distribution, as well as a continuous token destruction mechanism.
