Doppler Finance to launch XDP token, allocates 1% to genesis airdrop

On-chain token issuance platform Doppler Finance said on Aug. 26 it will launch its native token, XDP. XDP will serve as the protocol’s utility and governance token for its coordination layer, and is designed to support user participation, decentralized governance and ecosystem growth. A total of 10 billion tokens will be issued, with more than half of the total supply allocated to ecosystem development, vaults, partnerships and community growth. Investor allocations will be subject to lock-up and vesting conditions. At the token generation event, 1.0% of the supply will be fully unlocked and distributed to early users, contributors and supporters through a genesis airdrop. Another 43% will be allocated to ecosystem incentives supporting future Doppler Points seasons, XDP staking and community programs.