0x5b331eb6…8ec7sent to0x98945bc6…c48e·#10,972,888·view on Etherscan
Utility token earned with BOT{"type":0,"summary":"Add a secondary utility token that BOT users can earn by staking and farming BOT pools. This can be the platform currency and can be used as rewards for liquidity providers and stakers and for fees. ","details":"BOT should be the main governance token and all platform revenues should go to BOT holders in some shape or form. However, BOT with its limited supply is not a good currency for fees and staking rewards. A secondary utility token, closer to a stablecoin, possibly with rebases, can be useful as the default platform currency. Being able to earn this secondary currency by staking BOT and farming in BOT pools will drive enhanced interest to the project and increase the value of BOT as it is a direct utility and use of the BOT token. Demand for BOT will increase as it will be necessary to have BOT to stake it to generate this new currency. This will lead to a high APY, and because BOT supply is limited, this will increase the price of BOT. Several projects have implemented this model with much success. An example is Kitten Finance with KIF as the governance token (like BOT) and kBASE as the currency token.","agreeFor":"I support the creation of a secondary utility token to be generated by staking BOT.","againstFor":"I do not support the creation of a secondary utility token to be generated by staking BOT."}