Buy Event Ticket

Spur Protocol Update: Community Approve Multi-Chain DEX Framework

Spur Protocol Update: Multi-Chain Approved by Community

Spur Protocol Update: Community Poll for $SPUR Listing Date Too?

The latest Spur Protocol Update on the project reveals the community is extremely active as the project prepares to go multi-chain and gets ready for its token launch.

Spur Protocol Update

Source: X (formerly Twitter) 

Community Votes for Multi-Chain DEX Framework

The recent proposal received a huge 90.2% approval from the community. 

This means that the DEX Chain Framework will now be supported on several chains, giving users and developers more flexibility.

The upgrade should increase trading opportunities, attract users from all over the globe, and increase liquidity.

They also stressed the importance of transparency, especially when it comes to airdrop allocation, to ensure token rewards are fair.

Keeping the comunity at the center, they are true to its motto: "The future of decentralised governance.

TGE and Listing Dates: Expectations

One big question remains out there: when does the token generation event (TGE) and listing take place

The Spur Protocol Update indicated that the community is expecting polls to determine the TGE month as well as listing dates. 

Although the team is yet to officially announce these polls, people are already excited to join in and influence the timeline.

With the multi-chain upgrade, the tokens may be listed on large exchanges like Binance, KuCoin, OKX, and MEXC in the near future. 

Having the comunnity part of such decisions might make the launch more transparent.

Spur Protocol Tokenomics

The team made the tokenomics available last week. 

Total Supply: 1 Billion 

$SPUR Token Allocation
  • 40% for comunity airdrops, rewards, and incentives

  • 20% held back for project development (locked for two years)

  • 10% for DEX liquidity

  • 10% for strategic investors

  • 5% for marketing

  • 5% for POG holders

  • 5% for fundraising

  • 4% for charity

  • 1% for advisory support

This token allocation is aimed at rewarding the community while retaining sufficient tokens for growth, partnerships, and ecosystem development. 

Daily Quiz and Engagement

Before the token listing, the project is conducting the Spur Protocol Daily Quiz to keep its users active. Users earn tokens by responding to crypto questions, which enables them to educate themselves about blockchain and remain active within the comunity.

What's Next?

The Spur Protocol Update is looking forward to the next move:

  • TGE month anticipation: Users anticipate a voting poll to determine the token generation event month, although it is not planned yet.

  • Spur Protocol Listing date anticipation: Users also anticipate polls to seal listing dates on multi-chain platforms.

  • Ongoing activity: Initiatives like the Daily Quiz, airdrops, and rewards will remain active in engaging the interested ones and keeping them informed prior to launch.

This illustrates the extent to which the community will have its hand on the steering wheel in determining the future of the project.

Conclusion

With a multi-chain architecture, transparent tokenomics, and robust engagement, the project is moving toward a critical milestone. 

The polls for TGE and listing dates will empower users with an actual voice in crucial decisions. 

This update illustrates how openness, decentralization, and engaged action can propel a crypto project towards success.

Muskan Sharma

About the Author Muskan Sharma

Expertise coingabbar.com

Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.

Muskan Sharma
Muskan Sharma

Expertise

About Author

Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.

Leave a comment
Crypto Press Release

Frequently Asked Questions

Faq Got any doubts? Get In Touch With Us