Its main purpose is to create a long-term incentive for ecosystem participants to build into a community and maintain a suite of products around the wallet π
The $XDEFI token has four main utilities π
β°οΈ Staking
π Governance
ποΈ Building
π Play to (L)earn
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Token holders will be able to stake their tokens to receive rebates, claim rewards and participate in the future governance of the wallet π
$XDEFI will be used to create an educational framework around DeFi/NFTs to improve knowledge about web3 and encourage adoption π€
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More details on our token economic model will be coming out soon π
If youβre interested in participating in our upcoming IDO in early November, please keep an eye out for a detailed post about our whitelisting process coming tomorrow πͺ
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