A Ready Built Store of Value and Mechanism of Interest Rolled into One
The project is called 0xDistro and aims to be a stable DeFi ecosystem with an eye to circumventing the influence of external markets or pegged systems. To do this the team motivates users to hold tokens for long periods of time. They motivate holders by minting 2.5m tokens each month and randomly distributing them to users who hold the token. Users who hold more tokens and hold them for longer periods have a higher chance of being in the distribution.
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