The collateralized stablecoin protocol Raft launched its native token RAFT, with community and incentive shares accounting for 37.43%

Odaily Planet Daily News The mortgage stablecoin protocol Raft launched its native token RAFT, which can be used for pledge and governance. Token holders can provide liquidity in the Balancer pool and stake their Balancer liquidity pool tokens to earn veRAFT. Holders of veRAFT can vote on protocol decisions. The total amount of RAFT is 2.5 billion, and the specific distribution is as follows: 1. Investors account for 25.91%; 2. Ecosystem and incentive mechanism account for 21.43%; 3. Teams and consultants account for 19.16%; 4. Community accounts for 16%; 5. Treasury accounts for 15%; 6. CEX market making funds account for 2.5%.