Comment on page
ERC20 DLANCE Token
The ERC20 dlance token is compliant with the ERC20 standard on the Ethereum blockchain. This means it's compatible with Ethereum wallets, can be traded on Ethereum-based exchanges, and can be used with smart contracts specifically crafted for ERC20 tokens. Within the deelance ecosystem, the dlance token might have various applications, such as:
- Acting as a medium of exchange.
- acting as payment method in ecosystem
- Potentially representing assets or other values unique to the deelance platform.
ERC20 dlance token as a starting point on the Ethereum network. However, with the growth and specific needs of the platform, a migration to our proprietary DeeLance blockchain becomes essential.
- The deelance team began with the ERC20 dlance token on the Ethereum platform. But given the platform's evolving demands and growth, transitioning to our exclusive deelance blockchain has become crucial.
- This transition will typically involve a token swap. Holders of the ERC20 dlance token will likely be given directives on sending their tokens to a particular address or using a specific swapping mechanism where their ERC20 tokens will be "locked". Subsequently, they will receive the native Dlance coins on the deelance blockchain.
- The conversion rate during the swap could vary and will announce at later stage
- 1.Improved Scalability: Native tokens on dedicated blockchains can often handle more transactions per second, offering smoother and faster operations than tokens on congested networks like Ethereum.
- 2.Reduced Transaction Fees: Without having to compete for block space on Ethereum, Dlance native token transactions might have significantly lower fees.
- 3.Tailored Governance: The native token can be integrated with a governance system that allows token holders to participate in decision-making specifically tailored to the deelance ecosystem.
- 4.Enhanced Security: With a proprietary blockchain, the deelance team will implement custom security measures, making the network more resilient to attacks.
- 5.Integrated Features: The native token could support advanced features and utilities directly built into the deelance blockchain, without the limitations of the ERC20 standard.
- 6.Interoperability: The deelance blockchain could be designed to seamlessly interact with other blockchains, enhancing the utility of the Dlance native token.
- 7.Economic Incentives: There might be staking, farming, or other economic incentives tied directly to the Dlance native token, promoting user engagement and investment in the ecosystem.
- 8.Green Initiatives: Deelance blockchain employs a more energy-efficient consensus mechanism than other Blockchains , then using the native token could be more environmentally friendly.
- 9.Dedicated Support: With a token native to its platform, any issues, upgrades, or changes can be directly managed by the deelance team, ensuring faster resolutions and more responsive adjustments.
- 10.Enhanced Adoption: A unique and dedicated blockchain could attract more partnerships and integrations, increasing the utility and demand for the Dlance native token.
Last modified 3mo ago