Hello. what are usecases of FIDA token?

Question

Bonfida

Dima Bomba

Hello. what are usecases of FIDA token?

#bonfida #cryptocurrency #dex #english

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21.04.2024

2 ответов

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gabe.sol Admins Never DM First.

Fee Incentives: FIDA token holders receive preferential treatment on Bonfida's platform. They are entitled to reduced fee tiers when trading domain names. These tiers undergo regular adjustments, ensuring FIDA holders consistently benefit from market dynamics. Discounts: FIDA holders are privileged with a 5% discount on domain name registrations. Token Burn: All FIDA acquired by the protocol undergoes burning, with stablecoins used to buy and subsequently burn FIDA in on-chain markets. Governance: This is in progress as we are blocked by the lack of quadratic voting on Solana at the moment, we are working with Solana to make a grant to help fund this public good. Once this is live it will replace the governance we had with gFIDA in (hopefully) a more efficient and dynamic way. The deprecation of staking is actually related to this btw

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14 дней назад

gabe.sol Admins Never DM First. · Accepted Answer

gabe.sol Admins Never DM First.

Hey friend! Will share this info to you in a moment

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14 дней назад

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Hello. what are usecases of FIDA token?

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