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Information about "Shapeshift FOX Token"
What Exactly is ShapeShift?
Launched in 2014, ShapeShift is a self-custodial, open-source platform and wallet that lets you trade, earn, and optimize your digital assets across major blockchains like Bitcoin, Ethereum, Cosmos, Dogecoin, and many others. It combines leading decentralized exchanges (DEXs) and routing solutions, such as CoW Protocol, 0x, LI.FI, Portals, and THORChain, to provide the best trading routes for its users.
With just one click, you can explore the complete range of decentralized finance (DeFi) through Portals and get into popular pools, vaults, lending options, liquid staking derivatives, and yield assets to achieve the annual percentage yield (APY) you’ve been aiming for. ShapeShift carefully selects opportunities to elevate your digital asset experience, ensuring you make the most out of both your tokens and time.
With just one click, you can explore the complete range of decentralized finance (DeFi) through Portals and get into popular pools, vaults, lending options, liquid staking derivatives, and yield assets to achieve the annual percentage yield (APY) you’ve been aiming for. ShapeShift carefully selects opportunities to elevate your digital asset experience, ensuring you make the most out of both your tokens and time.
How Many FOX Tokens Are There in Circulation?
The total supply of FOX tokens is capped at 1,000,001,337.
34% of these were distributed to over 1.1 million ShapeShift users and DeFi community members in what was the largest token airdrop ever on June 30, 2021.
32% were allocated to employees and shareholders before the company transitioned towards decentralization. These assets vest over a period of three years starting June 2, 2021.
24.2% were assigned to the FOXDEN, which serves as the DAO governance treasury for the now decentralized ShapeShift.
7.5% were allocated to the ShapeShift Foundation, a non-profit organization focused on facilitating the shift to decentralization.
1.3% remains with ShapeShift.
1% was already in circulation and was owned by over 21,000 ShapeShift users before the airdrop event.
34% of these were distributed to over 1.1 million ShapeShift users and DeFi community members in what was the largest token airdrop ever on June 30, 2021.
32% were allocated to employees and shareholders before the company transitioned towards decentralization. These assets vest over a period of three years starting June 2, 2021.
24.2% were assigned to the FOXDEN, which serves as the DAO governance treasury for the now decentralized ShapeShift.
7.5% were allocated to the ShapeShift Foundation, a non-profit organization focused on facilitating the shift to decentralization.
1.3% remains with ShapeShift.
1% was already in circulation and was owned by over 21,000 ShapeShift users before the airdrop event.
Who Established ShapeShift?
ShapeShift was brought into existence by Erik Voorhees and Jon ShapeShift (a pseudonym). Erik Voorhees is a prominent advocate and entrepreneur in the crypto world, well-known for promoting the importance of Bitcoin as one of the greatest inventions of our time. He has been featured on media platforms like Bloomberg, Fox Business, CNBC, RT, and BBC Radio, and has participated in countless crypto industry events. Erik often points out that a truly "free market" cannot exist if the monetary system is centrally controlled and planned.
Before creating ShapeShift, Voorhees developed SatoshiDICE, a platform that revolutionized the idea of provable fairness and accounted for a significant portion of global Bitcoin transactions during 2012 and 2013. Prior to this, Erik served as Head of Marketing at BitInstant in NYC.
Jon ShapeShift, serving as Chief Product Officer and co-founder, was instrumental in defining product strategy, leading development teams, and crafting solutions that adapt to the evolving landscape of cryptocurrency, decentralized finance, and overall macroeconomics. His extensive involvement in founding and advancing online gaming and cryptocurrency platforms has helped ShapeShift become one of the most recognized crypto brands worldwide.
Before creating ShapeShift, Voorhees developed SatoshiDICE, a platform that revolutionized the idea of provable fairness and accounted for a significant portion of global Bitcoin transactions during 2012 and 2013. Prior to this, Erik served as Head of Marketing at BitInstant in NYC.
Jon ShapeShift, serving as Chief Product Officer and co-founder, was instrumental in defining product strategy, leading development teams, and crafting solutions that adapt to the evolving landscape of cryptocurrency, decentralized finance, and overall macroeconomics. His extensive involvement in founding and advancing online gaming and cryptocurrency platforms has helped ShapeShift become one of the most recognized crypto brands worldwide.
How Can I Access ShapeShift or Purchase FOX Tokens?
You can start trading by visiting ShapeShift or downloading their app.
FOX Tokens can be traded on a growing list of exchanges, including Uniswap, THORChain, and Coinbase. Thanks to ShapeShift's integration with 0x, CoW Protocol, LI.FI, and Portals, which combine liquidity from Uniswap and numerous other DEXs, you can trade FOX tokens via ShapeShift's online and mobile platforms.
FOX Tokens can be traded on a growing list of exchanges, including Uniswap, THORChain, and Coinbase. Thanks to ShapeShift's integration with 0x, CoW Protocol, LI.FI, and Portals, which combine liquidity from Uniswap and numerous other DEXs, you can trade FOX tokens via ShapeShift's online and mobile platforms.
"Shapeshift FOX Token" price data