5 not yet tradable DeFi Tokens you should know about: 1. Compound, a leading lending protocol will start COMP distribution on June 15th. The public distribution will feature 4.2M COMP out of 10M in total, distributing 0.5 COMP every block. 2.8K COMP will enter the market daily during next 4 years. The distribution is allocated to each market (ETH, USDC, DAI…), proportional. 50% of the distribution for suppliers, and 50% for borrowers.
2. Balancer is a non-custodial portfolio manager, liquidity provider, and price sensor. Launched in March this year. Out of the total supply of 100M BAL tokens, 25M were allocated to founders, devs, investors. The remaining 75M BAL tokens will be distributed as of June 1 to users who provide liquidity to Balancer pools in a process called liquidity mining.
3. bZx protocol and Fulcrum its lending and trading DApp. Launched in June 2019. Raised 4.5K ETH during ICO in 2018. Another public round is scheduled for 2020. Total supply: 1.03B BZRX. To be sold: 530M BXRZ.
4. Curve Finance is improving slippage for DeFi stablecoin conversions, like DAI/USDC. Launched earlier this year. Curve is working on decentralizing its ownership through a Curve governance token. All liquidity providers since the inception in January 2020 will be considered for the initial distribution proportionally.
5. dForce develops stablecoin, liquidity, lending and derivative protocols. The total supply is: 1B DF. The token distribution model is not available at the moment. It is actually available on Uniswap with a limited supply.