DCNTRL Launch

September 11 update – please note this is launching on a block, not an exact time. See the countdown link to BSC Scan, below, for a real-time estimate of the launch time.

New $BNB-backed stablecoin protocol from the TEN Finance team. 0% interest rates for borrowing $USDEFI.

DETAILS

Listing details
- Listing price: unknown
- LBP was held on Fjord Foundry, raising $29k
Protocol
- Stake DCNX for a % of protocol fees
- Commit BNB collateral and mint USDEFI at 0% interest
- Redeem USDEFI for BNB
- Stake USDEFI in the Stability Pool to earn DCNX
Tokenomics
- Total supply: 100,000,000 DCNX
  - 2% – service providers
  - 8% – protocol
  - 10% – TENLots holders
  - 10% – investors
  - 20% – team & contributors
  - 44% – rewards pool
  - 3% – LPs
  - 3% – community reserve