- Deposit & Withdrawal: Activated
- BZZ/USDT Trading: 2021-06-21 01:30 PM (UTC)
1. BZZ is a relatively new asset. Its initial circulation is low and the initial price may fluctuate greatly. Users are advised to do their risk assessment before making an investment.
2. Please note that the secondary market price is highly volatile. In order to better protect the rights of users and avoid losses caused by chasing highs, MEXC will set the protection price after the opening.
Deposit to Share 3,000 USDT
Event Duration: 02
(This information is sourced from the internet. Strictly for references only.)
Official Website: https://www.ethswarm.org/
Contract Address: 0x19062190b1925b5b6689d7073fdfc8c2976ef8cb
Swarm is a system of peer-to-peer networked nodes that create a decentralised storage and communication service. The system is economically self-sustaining due to a built-in incentive system enforced through smart contracts on the Ethereum blockchain.
About BZZ Circulation and Token Mechanism:
On 2021-06-21, the total BZZ tokens in circulation are 61,034,191 BZZ (including additional issuance). According to Swarm's tokenomics, when the price of BZZ rises too quickly, new BZZ tokens will be minted to increase circulation. If BZZ token price plunges, the locked up BZZ tokens in xDai Bridge will then be burned. The mechanism will proceed with burning the additional BZZ issued if there were no locked tokens.
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The MEXC Team
Jun 21, 2021