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:

Characteristic	Type	Description
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