Factor Increases Token Supply by $7.6M - Coinleaks
Current Date:September 21, 2024

Factor Increases Token Supply by $7.6M

Asset management platform factorincreased its token supply by approximately $7.6 million.

A few hours before the end of the public sale, Factor announced changes that would reduce the initial circulating supply. Thus, the token supply has increased by approximately 7.6 million dollars.

Asset Management Platform Increases Factor Token Supply

Arbitrumbased on-chain asset management platform factorRaised approximately $7.6 million from more than 4,000 unique wallets in its token offering, which began on February 20 and ended on February 24.

Now that the public sale is over, users can FCTR They will be able to claim their tokens on Saturday, February 24 at 21:00 Turkish time. This is a decentralized exchange of the token. CamelotIt will coincide with the time it starts trading on .

Factor, which is a platform that does not require users to learn coding to create customized strategies for asset management, aims to provide middleware infrastructure for the decentralized finance (DeFi) space by collecting various trading transactions on its platform.

A few hours before the end of the four-day public sale, FactorDAO announced several changes on Twitter designed to reduce the initial circulating supply of 32.5 million coins to 18 million coins, or 18 percent of the total supply.