Holdstation Docs
Search
⌃K
📪

Token Utility

Holdstation will introduce two types of tokens with distinct utility:
  1. 1.
    $HOLD - A governance token that enables holders to participate in the decision-making process through voting on DAO proposals, #realyield farming and multiple fees discount.
  2. 2.
    $uGOLD - An exchange token that facilitates the conversion of GOLD Reward Points to uGOLD, which can then be used to trade and transact on the platform, pay fees,...
HOLD token distribution follows a fixed supply, decaying emission model as a general principle. This means that as time passes, the token emission decreases according to a fixed schedule. This distribution model is designed to reward users who stake or hold tokens for longer periods.
uGOLD tokens are mintable and can only be minted through a redeemable process using onchain GOLD Reward Points.

What is the utility of $HOLD?

Ultilities
Descriptions
Stake and Earn Yield
Incentives and earn infinite #realyield
Discount on Fees
Hold enough tokens to get discounts on fees
Pay Fee
Use HOLD to pay fees and receive up to 25% discount
Delegate Voting
Use HOLD to delegate voting rights
Please note that the following list of utilities might change in the future, as we are continuously exploring ways to enhance the best usability of HOLD token. Use it as a reference for now, and stay tuned for updates

What is the utility of $uGOLD?

Utility of uGOLD Token
Description
Pay Discount Fees
uGOLD token can be used to pay for transaction fees with a discounted rate
Convert from GOLD Reward Point
uGOLD tokens can be exchanged from GOLD Reward Point in the Holdstation ecosystem
Exchange to $HOLD Tokens
uGOLD tokens can be exchanged to $HOLD tokens, the governance token of Holdstation
Exchange to Stablecoins
uGOLD tokens can be exchanged to stablecoins
Please note that the following list of utilities might change in the future, as we are continuously exploring ways to enhance the best usability of uGOLD token. Use it as a reference for now, and stay tuned for updates

How to Earn $HOLD / $uGOLD?

There are multiple ways, highlight a few here:
  • Become a Vault Staker and start earning passive income! Visit Vault Credit​
  • Become a Trader / User and take advantage of all the features and benefits Holdstation has to offer. Visit Loyalty Programs​
  • Become an affiliate agency and earn even more rewards. Learn more in Referral Program and become a part of the Holdstation, and start earning big today!