CloudCoin Finance is the next-generation cross-chain & multi-chain decentralized finance, market maker, trading, and liquidity provider. CCFI is the native utility token that is used for:
- Token payments, CloudCoin Finance has its own payment system that can be added to any website.
- Running validator nodes on the network via staking CCFI tokens.
- The project's strong business cases including IoT, AI, and Green Energy powered by Hydrogen.
- Used for governance votes to determine how network resources are allocated.
CCFI launched its main net on the 1st of August, 2021 with 1,428,160,512 CCFI tokens created at Genesis. The supply is fixed, it will never be increased, there are no transaction fees, and plans for burning. The swaps of tokens between the blockchains are done within the total fixed supply of 1,428,160,512 CCFI tokens.