The PALM token is a governance token designed to facilitate and incentivize the decentralized governance of the protocol. The ecosystem is centered around governance, trading rewards, staking and has been developed to fuel the future growth and decentralization of the Protocol.
- Stake to earn 25% of the trading fees in USDT
- Trade to earn PALM tokens through Trading Epoches
- Reduce trading fees when staking PALM (Future planning)
- Increase Affiliate commission when staking PALM (Future planning)
- Get allocation to invest in new projects launching on Palm Pad (Future planning)
- Vote on proposals (Governance)
That's not everything, we have a lot more in store for the future!