Here are the core utilities of the Sign token (SIGN) in the Sign Protocol / Sign Network ecosystem:
๐น 1. Governance Power
SIGN is mainly used for DAO governance.
Holders can vote on protocol decisions
Decide upgrades, fee structures, and ecosystem direction
Enables decentralization of the network
๐ Similar to tokens like UNI or ARB, but focused on credential infrastructure
๐น 2. Credential Verification Fees
Sign Protocol focuses on on-chain credentials (attestations).
SIGN can be used to pay fees for issuing/verifying credentials
Used by:
DAOs
Airdrop platforms
Identity systems
๐ Example: verifying KYC, reputation, or contribution proofs