💰Token Overview
Details about the $APLS token.
Last updated
Details about the $APLS token.
Last updated
$APLS serves as the lifeblood of the Antipulse ecosystem. As a utility and governance token, it facilitates a wide range of activities and incentivizes participation and growth within the community.
Utility: $APLS is used to conduct transactions, access services, and participate in ecosystem activities. It's the primary currency for buying, selling, or trading assets within the platform.
Governance: Token holders can propose and vote on ecosystem decisions, including updates, community initiatives, and usage of community treasury funds.
Staking Rewards: Users can stake $APLS tokens to participate in network security and consensus mechanisms, earning rewards proportionate to their stake.
Collateral for ARS: As part of the Advanced Reputation System, $APLS acts as collateral, adding a coefficient factor to the staking rewards and ensuring commitment and quality participation from community members.
Deflationary Mechanisms: Certain percentages of $APLS tokens might be burned or locked to reduce total supply and create a deflationary pressure, ensuring long-term value.
