DIODE
Last updated
Last updated
DIODE is Diode Mixer’s governance token.
It serves the following purposes:
reward users
improve functions in the protocol
adjust protocol fees
community governance
There are 100 billion DIODE issued in total. The distribution plan is as follows:
| Uses | Usage description | Releasing mechanism | percentage |
|---|---|---|---|
Anonymous mining
To reward users use Diode Mixer for coin mixing
Unlocked by blocks per day
70%
Liquidity mining
To reward users who provide liquidity for Diode transaction pool from a third-party platform
Unlocked by blocks per day
10%
Team rewards
To rewards the team and products improvement as well as development
The probability of staying locked is high
10%
Presale investors
To reward Diode Mixer's early investors and TVL partners
Unlocked as needed
5%
Airdrop and marketing
To support the ecosystem development and external collaboration
Follow social media announcements
5%