π¦ΈSIMPLI Tokenβs Utility
$SIMPLI is Simpli Finance Labβs native utility token and has the following functions:
β Governance: $SIMPLI token holders will be able to vote and make decisions on the future direction of the project. As we distribute the token to the public, we will be moving toward being a Decentralized Autonomous Organization (DAO)
β Staking incentives: $SIMPLI token holders will be able to stake their tokens on the platform to receive liquidity mining incentives and a portion of the revenue generated by the SIMPLI platform.
β Reduced fees: $SIMPLI token holders will receive the discounted fee on the SIMPLI platform.
β Unlock Features - $SIMPLI tokens holders will be able to stake their tokens to unlock smarter AI models. Stay tuned!
Last updated