DeChart, a real-time trading data provider for decentralized financial ecosystem (DeFi), has announced its governance token (DCH) is now for sale and live on UniCrypt, a multi-chain decentralized services, and scheduled to end on Tuesday, May 11, 2021.<\/p>\n
According to DeChart, 56,250,000 DCH tokens are expected to be sold at a price of $0.054 per DCH token. Notably, the firm announced any unsold DCH tokens of the available ones will be burnt in a program to ensure a deflationary system.<\/p>\n
The total number of DCH tokens is 125 million, whereby they will be distributed to the community in different ways and periods. Notably, the team behind DeChart set the DCH tokens to be divided among Syrup Pool, the Initial Liquidity Pool, the Community Treasury, the Founder Pool, and the Initial Staking Pool.<\/p>\n
DeChart has embarked on a journey to revolutionize the decentralized exchange market by providing real-time market data and also necessary tools built for decentralized financial platforms. The firm is backed by prominent entities in the cryptocurrency market including Co-founder of Bitcoin.com Mate Tokay, and investment firm Pangea Research.<\/p>\n
DeChart seeks to ensure credibility at all costs as it helps DEX users access market data seamlessly. Moreover, the firm is built with decentralization in mind as the users through DCH tokens have the right to vote on critical system changes. \u201cDeChart utilizes a stakeholder Decentralized Autonomous Organization (DAO) business model by design to ensure data sets are created and governed by users,\u201d <\/em>the firm noted in a press release.<\/p>\n