Doppler Finance is preparing to launch its own XDP token. According to the company's statement, XDP is designed as a utility and governance token intended for use at the protocol coordination level.
Doppler Finance stated that XDP aims to increase user participation in the protocol, support decentralized governance, and contribute to ecosystem development. The total supply of XDP will be capped at 10 billion tokens. More than half of the supply will be allocated to areas such as ecosystem development, treasury, partnerships, and community growth.
It was announced that the shares allocated to investors as part of the token distribution will be subject to certain lock-up and vesting conditions. This is aimed at preventing all investor tokens from being released onto the market simultaneously and encouraging long-term participation.
During the XDP Token Generation Event (TGE), 1% of the total supply will be distributed in an unlocked form. This distribution, to be carried out through the Genesis Airdrop, will cover early users, participants, and those who support the Doppler Finance ecosystem.
Furthermore, 43% of the total supply will be allocated for ecosystem incentives. This portion will be used to support future Doppler Points seasons, XDP staking activities, and local community programs.
The tokenomics of Doppler Finance are structured to encourage user participation and the long-term development of the protocol, with a notably high allocation for the ecosystem. The Genesis Airdrop will allow early users to directly benefit from the token launch.
With the launch of XDP, Doppler Finance plans to build its governance mechanism and user incentive system around its native token. More detailed information regarding the launch date and technical specifics of the distribution is expected to be provided later.
*This is not investment advice.
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