Token Utility
The $AMPE and $PEN token are the native token for Pendulum
transaction fees are an integral part of the entwork, 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 incentivise external collators to perform.
Governance for pendulum is managed on-chain, he community can vote, discuss and propose on:
- Asset Listing for adding and removing tokens from the DEX
- Rewards and their distribution
- Parameters related to technical, software configurations, fees, etc.
Last modified 3d ago