⚙️Utility
The $VOLUME token on Volume.li offers several utilities that provide value to its holders and enhance the overall functionality of the platform. Here are the key utilities of $VOLUME:
Utilities of $VOLUME
Volume Generation Fee Refund:
Project owners who hold $VOLUME tokens receive a 10% refund on their volume generation fees when using Volume.li's services.
This provides a direct financial incentive for project owners to hold and utilize $VOLUME.
Delegation Pool Participation:
Holders can lock their $VOLUME tokens in the delegation pool to earn additional rewards. 30 Days is the Lock Period.
Delegators receive monthly rewards in the form of extra $VOLUME tokens. Rewards are generated through the revenue from volume.li service , Reward distributed according to the Total Tokens delegated to the pool , Earn more by delegating more.
If project owners who use Volume.li's services are not $VOLUME holders, 20% of their volume generation fee is distributed to the delegation pool,. This enhances the rewards for delegators.
Supporting Market Activity:
By participating in the delegation pool, $VOLUME holders help support the platform’s operations and liquidity.
This contributes to the stability and growth of the Volume.li ecosystem.
Incentivizing Long-Term Holding:
The reward structure and benefits associated with $VOLUME encourage long-term holding and staking of the token.
This helps maintain token stability and reduces market volatility.
Enhanced Visibility for Projects:
Projects that utilize Volume.li's services to generate volume can benefit from increased visibility on platforms like Dexscreener, Birdseye.so, and Dextools.
Holding $VOLUME can make these services more cost-effective, encouraging more projects to participate and increasing the overall activity on the platform.
Decentralized Governance (Future Potential):
Although not explicitly mentioned, many decentralized platforms eventually incorporate governance features into their native tokens.
$VOLUME holders might have the potential to participate in governance decisions, voting on platform upgrades, fee structures, and other key issues.
Summary
The $VOLUME token provides various utilities that benefit its holders, project owners, and the overall Volume.li platform. By offering financial incentives, staking rewards, and supporting market activity, $VOLUME plays a crucial role in the growth and success of Volume.li.
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