According to ChainCatcher, the decentralized stablecoin protocol Pure.cash has officially entered the mainnet public testing phase, which is an important milestone in the development of the project. 🎉

At the same time, Pure.cash announced the launch of the Genesis Airdrop event, which will distribute its entire supply of 2 billion $PURE tokens to the community at one time. This initiative aims to ensure more people participate through fair and community-driven distribution.

Pure.cash is built on Ethereum and uses the Delta neutral stablecoin protocol, integrating innovative zero funding rates and long-only perpetual contracts. In addition, the protocol introduces a reverse issuance model, reaching the maximum supply at the token generation event (TGE), after which the tokens will continue to be destroyed. 🔥

This mechanism is expected to ensure long-term growth in token value through continuous token destruction. 📈