On November 1st, according to the official announcement, the bitcoin DeFi infrastructure bitSmiley is about to launch the token SMILE on the Ethereum network. The reason is that the bitcoin blockchain infrastructure is still underdeveloped, and the existing infrastructure cannot support the project governance on the bitcoin blockchain. The detailed token economics is as follows: Token Code: SMILE Total number of tokens: 210 million Token standard: ERC-20 Token use cases: governance, fee discounts, etc