The LSDFi protocol Raft launches its native token RAFT

According to ChainCatcher news, the LSDFi protocol Raft has launched its native token RAFT, with use cases including staking and governance. Token holders can provide liquidity in the Balancer pool and stake their Balancer liquidity pool tokens to earn veRAFT. Holders of veRAFT can vote on key protocol decisions to drive the growth of Raft while earning RAFT token rewards.

The total supply of RAFT is 2.5 billion, of which:

Investor share is 25.91%

• Ecosystem and incentive mechanism share 21.43%
• Team and advisor share 19.61%
• Community share 16%
• Treasury share 15%
• CEX market-making fund share 2.5%