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Token Utility
Holdstation will introduce two types of tokens with distinct utility:
- 1.$HOLD - A governance token that enables holders to participate in the decision-making process through voting on DAO proposals, #realyield farming and multiple fees discount.
- 2.$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.
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
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
There are multiple ways, highlight a few here:
- 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!
Last modified 12d ago