Token Utility
VOTY is an utility token with a clear pourpose
Tokenomics
VOTY Specs
Utility Drive
VOTY is required to create a voting pool. Votility services are free, open, and decentralized.
IBBM (Interest Bearing Burning Mechanism)
Whenever a user lock tokens to earn Voting Power, if that amount of locked tokens and locking period justifies a stake operations, the tokens are automatically staked at the AAVE protocol to generate interest in form of APR during the locking period. This interest is mainly used to buy back VOTY tokens to be further used as rewards in the Votility incentivization program.
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Last modified 2mo ago
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