Financial News
Digital Reserve Currency (DRC) Becomes More Decentralized Than Ever
Digital Reserve Currency (DRC) is planning to become one of the most truly decentralized digital assets on the market.
NEW YORK, NY / ACCESSWIRE / November 24, 2021 / DRC's journey into being over the last year has been eventful and inspiring. What began as an experiment became a fully-fledged DeFi ecosystem, complete with innovative Digital Reserve vaults and the formation of a decentralized governance structure.
As seen across much of DeFi landscape at present, decentralizing a project for the sake of regulatory compliance without sacrificing operational efficiency is proving to be a challenge. However, for the compliance of a crypto project to be ensured, decentralized operations and governance is a necessary step.
DRC was aimed to become regulatory compliant from day one. Unlike the majority of crypto projects, DRC is not managed or controlled by anyone. There are no large token holders who can manipulate the DRC market. No single wallet owns more than 2% of the total DRC supply. DRC token allocation is very well balanced and transparent. Because of that, stakeholders have faith in DRC and its sustainability.
The DRC ecosystem is community controlled; an entirely decentralized governance structure with no managerial effort demonstrates adherence and awareness of the regulatory requirements, and gestures towards DRC's potential regulatory compliance.
With no central authority, the DRC ecosystem is completely transparent and reliable.
Importantly, DRC did not conduct a token sale and never received any funds from investors. 100% of the total token supply has been issued directly to the secondary market. DRC has been a community-driven ecosystem since its inception, and the DRC ecosystem is managed exclusively by its global community.
Digital Reserve Currency has strong fundamentals and has captured a unique market niche in the Store of Value (SoV) segment of the crypto economy. The combination of robust tokenomics and unique governance structure indicates that DRC is here to stay and can become one of the most truly decentralized digital assets on the market.
Media Contact
Brand: DRC Foundation
Contact: Media Team
Email: info@drcglobal.org
Website: https://drcglobal.org/
SOURCE: DRC Foundation
View source version on accesswire.com:
https://www.accesswire.com/674607/Digital-Reserve-Currency-DRC-Becomes-More-Decentralized-Than-Ever
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