SFG meaning in Cryptocurrency ?

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Answer:

S.Finance is a stable coin trading protocol, introducing a new token governance plan. At the same time, S.Finance firstly achieved three-awards, starting from stable coins to link more valuable DeFi protocols to provide basic support.

At present, S.Finance supports swap between DAI, USDC, USDT, TUSD, PAX, USDx, QUSD, etc. Besides, liquidity pools of sUSD, dfi, SFG, dForce, qian have been launched. The sUSD pool could mint CRV, SNX and SFG token at one time. The dForce pool and qian pool provide SFG + DF and SFG + KUN respectively.

SFG is the governance token of the S.Finance platform, with a total issuance of 21 million, 100% based on contribution distribution. There is no private placement either pre-mining. Daily output is 0.1% of the unminted part of the remaining. Users can earn SFG rewards and participate in platform governance by contributing to the liquidity pool.

Contract address of SFG : 0x8a6ACA71A218301c7081d4e96D64292D3B275ce0

S.Finance plans to launch a liquidity pool that supports three stable currencies: USDK, BUSD, and HUSD.

The latest public audit report is provided by KNOWNSEC. For more information, please check S.Finance Wiki: https://wiki.s.finance/en/home

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Posted on 01 May 2022, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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Miscellaneous in Cryptocurrency
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