Palmswap
  • 📚Overview
  • 📖Get Started
    • Create a Wallet
    • Get BEP20 Tokens
    • Connect Your Wallet
  • 🛣️Roadmap
  • ❔FAQ
  • Protocol
    • 🌴Exchange
      • How to Trade
      • Orders
      • Use Orders
      • Leverage
      • Edit Collateral
      • Liquidation
      • Open Interest Limits
      • Trading Fees
      • Borrow Fee
    • 🌐Referral Program
  • Ecosystem
    • 🏎️Trade 2 Earn
    • 🍯Liquidity Providing (PLP)
    • 📈Staking
      • V1 to V2 Migration
    • ♻️Rewards Summary
  • Token Economy
    • 🤲PALM
      • $PALM Distribution
      • Burn
  • Developers
    • Architecture and Infrastructure
    • Smart Contracts
    • Audit
  • Brand & Logo
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On this page
  • Token specs
  • The basics
  1. Token Economy

PALM

Token specs

Token Ticker

PALM

Token Contract

0x29745314B4D294B7C77cDB411B8AAa95923aae38

Token Type

BEP-20

Total Supply

1,000,000,000

Initial Supply

47,200,000

Token Generation Event

24th september 2022

The basics

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.

Use cases

  • Stake to earn 30% 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!

PreviousRewards SummaryNext$PALM Distribution

Last updated 1 year ago

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