Decimal

Overview

Decimal is a blockchain platform launched in 2021 that focuses on providing a hybrid Proof-of-Stake (PoS) blockchain infrastructure. The DEL token serves as the native cryptocurrency of the Decimal network and is used for staking, governance, and transaction fees.

Purpose and Utility

The primary intended purposes of DEL include: network security through staking, governance participation, and transaction fee payments. The platform aims to provide a scalable blockchain solution for decentralized applications.

Current Usage and Adoption

The platform currently maintains its core functionalities of staking and network security. The token is actively traded on several cryptocurrency exchanges and is used for its intended purposes within the Decimal ecosystem.

Development Activity

The project maintains regular development activity, with updates to its core protocol and ongoing improvements to the network infrastructure. The development team remains active in maintaining and upgrading the platform.

Token Distribution

DEL tokens are distributed across network validators, community members, and the development team. The project implements standard vesting schedules for team allocations.

Revenue Model

The platform generates revenue through transaction fees and validator rewards, which are distributed to network participants without involving interest-based mechanisms.