On November 1, according to an official announcement, bitSmiley, the bitcoin DeFi infrastructure, is about to launch the token SMILE on the ethereum network because the bitcoin blockchain infrastructure is still underdeveloped, and the existing infrastructure is unable to support project governance on the bitcoin blockchain. The detailed token economics are as follows:
- Token code: SMILE
- Total number of tokens: 210 million
- Token standard: ERC-20
- Token use cases: governance, fee discounts, and more.