Press Release

Trace Network to launch Initial Dex Offering

Trace Network to launch Initial Dex Offering

Trace Network’s IDO SushiSwap MISO launchpad is launching the Trace Network’s IDO. Moreover, Trace Network is one of the first few upcoming projects on the newly released platform. In addition, they are very excited to be part of this exciting launch.

The IDO also provides participants access to the $TRACE token. Moreover $TRACE token is the native utility token of the Trace Network. All prospective investors will need to undergo a whitelisting process on the MISO launchpad for Trace Network to participate in the IDO.

Details to the whitelisting and other IDO details can be found here :-

Project Whitepaper :-

In addition, all the prospective users need to undergo KYC/AML processes for taking part in the IDO.

$TRACE Tokens

$TRACE is a native token and ticker symbol of the Trace Network. Moreover, the token has several characteristics that help to bring out its overall utilities. First, the token will be the governance token that empowers the network to control the protocol.

All the network users and holders shall be able to run the protocol on a day-to-day basis. Moreover, they will also be able to participate in decision-making. The tokens will also be distributed as incentivization and staking rewards on the protocol.

In addition, you can use the token for transactions and protocol operations, cross-chain settlements, interoperability interactions, NFT minting and settlements, and also for regular trade and commerce.

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