Daily (DAILY)

What Is Daily (DAILY)?

Daily is a DeFi governance protocol that operates on the DailySwap decentralized exchange. The DailySwap exchange has reinvented the ease of centralization into distributed assets trading. DailySwap Decentralized Exchange (DailyS) is a VIP utility token that promotes community participation and operates on the Binance Smart Chain network. Hence, this platform aims to enhance user experience on the Binance Smart Chain. As per its whitepaper, the asset allows its holders/users to provide liquidity and get completely rewarded in DailyS and BNB tokens. BNB (Binance Coin) is an ERC-20 based cryptocurrency that can be used to pay fees and trade on the Binance cryptocurrency. The network provides its users with one-click transactions on every trade and seeks to be cheaper and faster than Binance Smart Chain.

Daily has an order book feature that allows users to track all their transactions together. Users can set limiting values for their orders at a specific price. The network offers TradingView features that offer every seasoned trader with technical analysis of the asset. Besides this, the asset gives an alert whenever the prices hit their set value and have no third-party involvement in any process. Further, holders can start tracking successful wallets that they are interested in with its Follow Gainer Wallet feature.

$DAILY is the native token of the Daily protocol. The platform distributes 10.5 percent of its total supply to promotion and marketing. Besides this, 21.1 percent of the DAILY token is distributed in liquidity. Also, the rest of the tokens’ allocation includes 5.3 percent to the team and 63.2 percent to presale.

History of Daily (DAILY)

The platform was released in February 2021 and distributed its DailySwap community token in the same month. The currency has a total supply of 1,000,000 DAILY coins.