Binance recently launched a complete support panel, the native token power protocol ecosystem, shortly after the protocol had its generation of tokens (TGE) event.
Deployment was not limited to a simple list; he Understood Future, margin trading, zero conversions, flexible milestone and fiat onramps via visa, mastercard, Apple Pay and much more.
Other important exchanges such as Kucoin, OKX and Coinone also listed the token, making the momentum of the room.
Before his list, the team made a chain snapshot on April 25 to lock the eligibility for the distribution of tokens. This decision, combined with an aggressive integration of the binance, throws the connection to full visibility at the time when transverse verification becomes a point of increasing pain in DE DFI.
The message is fairly clear – the signature is positioned for mass exposure on the Binance ecosystem. After the list, the token has exploded more than 32% in the last 24 hours, according to CoinmarketCap data.
What is the sign protocol?
Founded by Xin Yan, Potter Li and Jack Xu, the panel builds a decentralized check layer to replace the centralized authorities. He supports the identity, property and validation of chain contracts through Ethereum, Solana, Ton, and beyond, according to his documentation.
All of this works on the sign, which feeds the applications, governance, development and expansion of the ecosystem. The protocol also uses Arweave and IPF for decentralized storage, putting pressure for a persistent infrastructure standard without confidence.
The token offer is capped at 10 billion, with 1.2 billion traffic per Binance, currently $ 120 million in market capitalization.
The distribution model strongly leans towards incentives to ecosystems, representing 40% of the offer, the rest separated between supporters, the team, the foundation and growth. The project is supported by Sequoia Capital and Yzi Labs. In total, the protocol has raised more than $ 32 million since 2022. Tokentable has treated north of $ 2 billion in assets, according to its official website.
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