TechFlow news — Web3 gaming community GuildFi has announced its launch and initiated a Token Generation Event (TGE) on the Copper platform. The TGE will utilize the BLBP (Balancer Liquidity Bootstrapping Pool) mechanism, with the initial weight of the liquidity pool set at 95:5 (GF/USDC), gradually decreasing over the course of the TGE to a final weight of 50:50 (as demand continues, the price of GF will increase accordingly; when demand ceases, the price of GF will decrease). This TGE will last for 72 hours, during which users can exchange ETH, WETH, USDC, and DAI for GF.
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