DON meaning in Cryptocurrency ?

Answer:

Donnie Finance is built on the IOST smart contracting platform. It plans to offer a range of services such as digital asset management, decentralized exchanges, payment, credit analysis, and lending services.Their native token, DON, is for governance. To participate in their ecosystem and vote, DON holders must stake the token. Beyond voting rights, holders receive benefits such as discounts on services and transactions, favorable interest rates when borrowing, among others. To ensure the security of funds and bolster confidence, Donnie Finance’s code is audited by Halborn and SLOW MIST. The project is backed by heavyweights, including IOST, HUSD, CObak, Tpay, and DeFi Code. In addition to top-tier support from established firms in DeFi, the project’s parent company is liquid, generating over $10 million in revenue. Its blockchain division also comprises over 17 experienced team members. Two experienced senior developers are spearheading the project, aiming to launch all of Donnie Finance’s products between 2021 and 2022. reference

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