Token Utility

The SwapAcross governance token has numerous characteristics designed to make it as useful as possible to hold and stake. If approved by the DAO, the characteristics of the SwapAcross governance token will consist of the following:

CharacteristicTypeDescription

Voting

Governance

Holders are able to cast votes in the DAO

Deflationary

Utility

A percentage of the protocol fees will be used to continually purchase and burn $SWAPX

Discounted Trading Fees

Utility

Earn a discount on fees by holding and staking $SWAPX

Staking Rewards

Utility

$SWAPX holders who participate in staking will receive a portion of the fees generated by the protocol

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