Self Chain (SLF), a novel cryptocurrency, is undertaking crucial developments in its underlying infrastructure, token economics, and utility, as per various news reports and expert insights.
Binance has completed a token swap from Frontier (FRONT) to Self Chain and rebranded accordingly. Binance has also integrated Self Chain into multiple of its services, demonstrating robust support to the rebranded token. An unexpected development surfaced when
OKX halted its support to the Frontier coin swap. Alongside Binance, other major exchanges also announced support for the token swap and the rebranding. This has sparked some extraordinary market movements. The rebranding led to a surge in the SLF token price by 33%. With the new economic model, the total supply of SLF tokens has been fixed at 360 million. As part of its new economic model, Self Chain now offer a simple earning product incentivizing user subscriptions with potential returns of up to 18.9% APR. Furthermore, the CEO of Self Chain addressed concerns over the token supply increase, highlighting the company's transparency. However, Binance has issued a risk warning for Self Chain and tokens with similar modifications. Despite the strides made by Self Chain, it is important for potential investor to follow the latest updates and expert opinions, ultimately understanding the risks involved.
SLF Coin News Analytics from Tue, 17 Nov 2020 08:00:00 GMT to Sat, 19 Oct 2024 17:46:09 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor 5
