BitSmiley to Launch Token SMILE on Ethereum Network
BitSmiley, a Bitcoin DeFi infrastructure, will launch its token SMILE on the Ethereum network due to the underdeveloped state of the Bitcoin blockchain infrastructure. This move is necessary as the existing infrastructure cannot support Bitcoin project governance on the currency blockchain.
Token economics for SMILE include:
* Token code: SMILE
* Total supply: 210 million tokens
* Token standard: ERC-20
* Token use cases include governance, discounted fees, and more.