Squid launches native token QUID, plans public sale to start on June 30

Foresight News reports that cross-chain routing protocol Squid has launched its native token QUID. QUID features a fixed supply and zero-inflation design, and is planned to support the ecosystem through staking, governance, buyback mechanisms, and in-app functionalities. The public token sale will start at 21:00 on June 30 (UTC+8) and end at 21:00 on July 3 (UTC+8). Users can participate via a certain exchange and Legion. Squid users and community members can apply for higher allocations through a priority allocation form. The full tokenomics details will be released on June 27.