FXY token
Last updated
Last updated
The FXYield Solutions is governed by the FXY token.
FXY is applying the 3% fee for each trade that will be used for system development & management and marketing.
FXY and staked FXY (stkFXY) governs decisions on approving loans in FXYield Solutions DAO Pools, onboarding new portfolio managers to the protocol, and key protocol parameters.
| Token | Contract |
|---|---|
FXY holders can stake FXY to participate in the FXYield Solutions DAO pools.
stkFXY holders ("stakers") vote to approve/reject loan applications, and in return can potentially earn additional FXY and protocol fees. Stakers also risk losing a portion of their FXY staked in the event of default on loans in FXYield Solutions LLC DAO pools.
FXY
stkFXY
TBD