Bluefin will launch its governance token BLUE in July after securing $17M in funding. BLUE aims to decentralize decision-making and incentivize users in the Sui network.
Decentralized exchanges gained popularity post crypto winter as DEXs automate asset trading without intermediaries. Bluefin received investments from Flow Traders.
BLUE token will have a max supply of 1B with an initial 116M in circulation. Investors and team will have a three-year vesting period ensuring a lockup period.
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