Token Utility
$AMPE and $PEN are the native tokens for Amplitude and Pendulum respectively
Transaction fees are an integral part of the network, and are applicable to every transaction on the protocol.
Token holders can delegate their tokens to collators and earn rewards as they do so. This is done as to incentivize external collators to perform.
Governance for pendulum is managed onchain, the community can vote, discuss and make proposals to lead the direction of the project. Key areas of decentralized governance on Pendulum include:
- Asset Listing for adding and removing tokens from the DEX
- Rewards and their distribution
- Parameters related to technical, software configurations, fees, etc.
Last modified 3mo ago