When did sfp coins come out?

SFP coin was officially released on December 9, 2021. The coin is the native token of the SafePal ecosystem and its main functions include governance, staking, utility and investment.

SFP Coin Release Time

SFP Coin will be officially released on December 9, 2021.

Detailed introduction

SFP coin is the native token in the SafePal ecosystem, launched by the SafePal team invested and incubated by Binance Labs. SafePal is a hardware and software wallet provider focused on crypto asset security.

The main functions of the SFP coin include:

Governance: SFP holders can participate in the governance decisions of the SafePal ecosystem through voting. Staking: Users can stake SFP coins to earn rewards and help secure the SafePal blockchain. Utility: SFP coins can be used to pay for fees within the SafePal wallet and ecosystem, including transaction fees and hardware wallet purchases. Investing: SFP coins can be traded on cryptocurrency exchanges, providing investors with the potential opportunity to profit from price fluctuations. The total supply of SFP coins is 10 billion, of which 20% is used for ecosystem development and 80% is used for community and market. Since its issuance, the price of SFP coins has fluctuated, peaking at approximately $0.3 in March 2022.

As the SafePal ecosystem grows and use cases for SFP Coin continue to increase, it is expected that the demand for SFP Coin will continue to grow.

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