$C98 ๐ฅ๐ฅ๐ฅ๐ฏ๐๐ฐ๐๐
Coin98 is a cross-chain liquidity protocol with a full suite of products including Coin98 Wallet, Coin98 Exchange and Coin98 Bridge. The Coin98 wallet is a non-custodial, multi-chain crypto wallet and gateway, built as an infrastructure to the multi-chain future.
The C98 token is the native utility token of the platform. The current and planned use cases of the C98 token includes:
Ecosystem development: C98 revenue from transaction fees will be sent to a treasury fund and partially set aside for future product development and ecosystem growth.
Staking: The other fraction of the treasury fund will be allocated to C98 holders who stake their tokens. The exact distribution is subject to protocol governance and may be changed.
Governance: Users may stake C98 in exchange for X98 to gain voting power and participate in the governance process to change product parameters.
Unique membership rights: Users will gain tiered benefits on the platform, depending on their X98 holdings. Some benefits include access to participate in Coin98 launchpads and retroactive incentives from strategic partners.
