Allna Protocol Documentation
  • 👋Allna Protocol Documentation
  • Allna Protocol
    • 🌉Allna Bridge
    • 📈Allna DEX
      • Charts
      • SWAP
    • 👓Allna Tracker
      • Tokens
      • Transactions
      • NFTs
    • 💹Allna Staking
    • 🏆Quests and Rewards
      • Allna Rewards
      • Rewarding System
    • 🤖AI Audit
  • Governance
    • 📔Allna DAO
  • Token
    • 🌐Tokenomics
    • 🪙Token allocation
    • 💡Key utilities
  • About us
    • ⛰️Roadmap
    • ⛓️Official Links
Powered by GitBook
On this page
  1. Token

Key utilities

You can use token for next purposes:

  1. Staking: Staking tokens allows users to receive incentives and contributes to the network's security and decentralization.

  2. Rewards for quests and Airdrops: The team will draw different prizes and awards among the community for completing certain tasks. Our token will be used as a reward for participants and winners.

  3. Governance: Holders of tokens can take part in protocol management decisions, including voting on proposals and protocol modifications.

  4. Ecosystem: The use of tokens enables access to special features and services inside the Allna Protocol ecosystem. Owners of these tokens receive a variety of advantages, including reduced transaction costs, first access to new features, and priority customer assistance.

  5. Lending and borrowing: On many decentralized finance (DeFi) systems, tokens may be used as collateral for borrowing and lending, creating chances for users to make passive income from their holdings. Users can engage in lending and borrowing operations without depending on conventional financial intermediaries by utilizing blockchain technology's trustless characteristics.

PreviousToken allocationNextRoadmap

Last updated 2 years ago

💡
Page cover image