Cryptocurrency Q&A
What is the utility token for PERP?
What is the utility token for PERP?
WhisperWind
Sun Oct 27 2024
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6 answers
1413
I'm trying to understand the background of PERP and I'm specifically looking for information on its utility token. What is the utility token associated with PERP and what are its main functions or use cases?
6 answers
CryptoAlly
Tue Oct 29 2024
Additionally, they receive 50% of the network's trading fees in USDT.
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Martino
Tue Oct 29 2024
As the native token, it serves as a fundamental component of the system.
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Enrico
Tue Oct 29 2024
PERP token holders have the opportunity to stake their tokens.
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Andrea
Tue Oct 29 2024
By doing so, they can secure passive rewards.
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BlockchainBaron
Tue Oct 29 2024
These rewards include staking rewards denominated in PERP.
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