Use Cases of CDE Token

Transaction Fees

  • Trading Fees: Users can use CDE to pay for trading fees on CrossDex at a discounted rate.

  • Liquidity Provision: CDE can be used to incentivize liquidity providers through rewards in liquidity pools and farming campaigns.

Staking

  • Earn Rewards: Stake CDE to earn additional tokens as rewards. The rewards are distributed from the platform’s staking pools.

  • Boosting Yields: Staking CDE can provide additional yield boosts for liquidity providers and farmers.

Governance

  • Voting Rights: CDE holders can participate in governance by voting on proposals that impact the future of the CrossDex platform.

  • Proposals: Submit proposals for new features, upgrades, or changes to the protocol. The community votes to approve or reject these proposals.

Access to Premium Features

  • Exclusive Pools: Access special liquidity pools and farming campaigns that are only available to CDE holders.

  • Early Access: Get early access to new features and products on the CrossDex platform.

Last updated