BTSE is pleased to bring Threshold Network Token (T) onto its platform, growing the selection of quality digital assets available to its users.
T is native to Threshold Network, a bridge protocol enabling smart contracts to access and manage private encrypted data. Currently, T can be used to stake a node and serves as a governance token for holders to vote on crucial decisions on the platform.
Launched in January 2022, T is the product of the first on-chain merger between two decentralized networks, Keep Network and NuCypher. It aims to be used to build the next generation of decentralized applications (dApps), ranging from medical and insurance applications to social media.
T has a self-reported circulating supply of 10 billion tokens, which is equivalent to its total supply, at a price of $0.13 on March 31, 2022.
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