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The COPX project leader disclosed the token model, governance mechanism, and ecological implementation progress.
CoinVoice has learned that at the HK Web3 Club event on May 10, Vango, the person in charge of the COPX project, introduced that the total supply of COPX Tokens is 1 billion, with 70% allocated for trading Mining, and the remaining portion allocated to the team, community, and private sale investments.
It points out that COPX adopts a DAO governance mechanism, with governance tokens bound to the wallet addresses designated by partners, which grants proposal and voting rights, enhancing governance transparency and efficiency. Currently, the number of registered users on the platform has exceeded 73,000, with daily transaction volume surpassing 50 million USD and daily gross profit exceeding 1,000 USD.
According to the plan, the platform has launched the COPX DAO basic contract and App Dapp products in Q4 2024, and has begun the deployment of traditional financial products such as funds and insurance, accelerating the construction of a more complete Web3 financial ecosystem.