DappRadar announced the launch of its own RADAR token at an event held in the Somnium Space metaverse.
RADARwill be handed out to DappRadar users who have interacted with at least one dApp on Ethereum in the last 6 months. Such users will receive 8697 RADAR.
The RADAR token has four main functions: participation in voting to improve the project, supply of liquidity, staking and payment for premium functions of DappRadar.
The total supply of RADAR tokens will be 10 billion, of which 10% is allocated for Airdrop. According to CoinGecko, the price of RADAR is currently around $0.13.
DappRadar is used by over 1 million monthlyHuman. It offers management of its own portfolio and over 9,000 dApps on 26 blockchains. In addition, DappRadar offers an NFT and ERC-20 explorer.
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