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Token Utility

ATRADE tokens play a pivotal role in the Any.trade Layer 1 (L1) ecosystem, serving as the key instrument for nodes to function as oracles and validators. Here's how they are utilized:

  • Collateral for Nodes: Nodes use ATRADE tokens as collateral, which in turn boosts their voting power within the network.

  • Rewards for Honest Participation: Nodes that contribute honestly to data collection or validate transfers are rewarded with ATRADE tokens.

  • Governance Participation: Holders of ATRADE tokens have the opportunity to engage in the governance of Any.trade. They can exercise their voting rights directly or delegate their tokens to active nodes.

  • Earning Rewards: By delegating ATRADE to active nodes, token holders can earn a share of the rewards accrued by these nodes.

  • Fee Rebates: ATRADE tokens can be used for fee rebates on transactions within the Any.trade platform.

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